According to DataQuick and the Chronicle, Bay Area single-family home sales were down 15.5% compared to December 2004 and the median sales price dropped 3.5% as compared to November 2005. It should be interesting to see what The California Association of Realtors reports on January 25th.
Slowing sales, increasing inventories, and falling prices in the Bay Area? Who would have thunk it? Oh, wait a minute…
∙ Bay Area home sales down in December, prices slide [SFGate]
∙ Top O’ The Market To You! [SocketSite]