September 23, 2009

The Market Wrap-Up For August

Let’s take at look at some August numbers for single-family houses and condos that sold in the Bay Area and see how they compare to a year ago.

San Francisco

  • 514 homes sold, down from 529 in August 2008
  • The median sales price was $635,000, down from $725,000 in August 2008

San Mateo County

  • 606 homes sold, up from 560 in August 2008
  • The median sales price was $559,000, down from $632,000 in August 2008

Santa Clara County

  • 1,736 homes sold, up from 1,648 in August 2008
  • The median sales price was $451,000, down from $555,500 in August 2008

Alameda County

  • 1,538 homes sold, up from 1,271 in August 2008
  • The median sales price was $340,000, down from $440,000 in August 2008

Contra Costa County

  • 1,587 homes sold, down from 1,733 in August 2008
  • The median sales price was $261,500, down from $330,000 in August 2008

Marin County

  • 235 homes sold, down from 247 in August 2008
  • The median sales price was $713,000, up from $675,000 in August 2008

We got these numbers from DQNews.

Dig Deeper Into the Trends

These numbers are for county-level trends in the Bay Area. To see what’s happening in your neighborhood, check out our stats & trends pages.

What trends did you see in August?


  • beverly a adair
    What is happening with the short sale mkt.Why do they call them short sales, they take so long!
  • beverly a adair
    What is happening with the short sale mkt.Why do they call them short sales, they yake so long!
  • MarkC
    The above figures show the median price is down in SF over 10% over last year, and on the national level we just saw a seasonally adjusted 2.7 percent fall in sales in August. I realize the psychological need to talk things up, especially if your livelihood depends on it, but this strikes me as a little too close to The Emperor's New Clothes.
  • San Francisco's August was busier than I've seen the month's activity since I started selling real estate seven years ago. Buyers seemed to come out of the woodwork, abandoning the fences they'd sat upon for the first half of 2009. And more sellers than I expected put their homes on the market before the Fall rush. All in all, we're in good shape, and transactions are closing more frequently.
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