Bay Area Home Prices Hit Another Record in June

 

The San Francisco Chronicle asked Abio Properties to comment on record-breaking Bay Area home prices. In June, the median price paid for a new or existing home or condo hit  $735,000. As Abio co-founder Linnette Edwards pointed out, Alameda County posted the largest month-to-month rise in prices, and some homes in desirable Oakland and Berkeley neighborhoods were selling for 60% over asking. “I’ve never seen anything close to this pricing and this kind of fervor,” she said. Read the full article here.