Statewide and LA prices fall while San Francisco's continue to climb

  • Statewide sales fell for the first time in eight months
  • San Francisco and Santa Clara counties are the best performers statewide in terms of year-over-year price appreciation.
  • Los Angeles County trails the Bay Area when it comes to sales activity and price appreciation.

The California Association of Realtors November home sales report found the state saw declining prices on both a monthly and annual basis, likely due in part to seasonality. Throughout the state, single-family home sales reached only 369,680, which is the first time in eight months that sales did not surpass the 400,000 mark.