A research firm says California homes prices rose during September to new a four-year high as the supply of foreclosed homes for sale dwindled.
DataQuick said Friday that nearly 8,600 new and existing houses and condominiums were sold in the nine-county region last month, up more than 14 percent from the same period last year.
Home prices in the San Francisco Bay Area approached four-year highs last month as buyers snapped up more expensive properties, according to a San Diego-based research firm.
San Francisco Bay Area home prices have risen to the highest levels in four years, according to a research firm.
A research firm says home sales soared in the San Francisco Bay area last month as more expensive properties drew strong interest from buyers.
Prices in San Francisco dropped 2.5 percent from December to January, the sharpest decline of any of the 20 cities tracked in the report.
The median price was $325,500 down nearly 4 percent from last year. It is the 17th straight month that Bay area home prices registered an annual decline.
Home sales in the San Francisco Bay area reached a five-year high for January last month as prices and mortgage rates plunged, but many of those were so-called distressed sales.
A research firm reports bargain-hunters are boosting home sales in the San Francisco Bay area as prices continue to slide.
A research firm says home sales rose last month in the San Francisco Bay area despite a lack of buyers for high-end properties.