Cash sales, median sales price down monthly in Bay Area

Median home price in the Bay Area hits near-record levels, report says
  • Median sale price in the San Francisco metro area was $700,000 through July. The highest month was in June, when median sale price was $710,000.
  • There were a total of 7,901 homes sold in July 2016 in the Bay Area.
  • Over 70 percent of all sales were for properties priced over $500,000.

Total July home sales in the Bay Area came in below July 2015 numbers, according to CoreLogic, but the region still saw some raised figures. Median sale price increased year-over-year, but monthly numbers show the summer blaze beginning to extinguish back to normality, according to CoreLogic.