SAN FRANCISCO (CBS SF) – The median price for homes sold last month in the San Francisco Bay Area was a new record, according to data from CoreLogic, a market research firm.
The price rose to $850,000, up $20,000 from the previous peak set in March.
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READ MORE: UPDATE: Pleasanton Police Announce Body Found Matching Description of Missing Jogger Philip KreycikCoreLogic analyst Andrew LePage said while the area has experienced strong gains in home prices, part of the increase was due to a shift in the mix of homes sold.
LePage said a higher share of sales occurred in mid- to high-priced areas.
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