Bay Area home prices hit new record
MEDIAN PRICE OF $569,000 IS NEARLY 20 PERCENT HIGHER THAN A YEAR AGO
By Sue McAllister, Mercury News
For all those waiting for any home price ``bubble'' to explode: It hasn't happened yet.
Prices of Bay Area houses rose nearly 20 percent over the 12 month period ending in February, reaching a new record median price of
| ||Chg. from||Median||Chg. from|
|Bay Area total||4,905||-0.4%||19.5%|
|Bay Area condos||1,457||-7.0%||18.9%|
Of course, I left the Bay Area after 15 years... but LA home prices ain't much better. Do I still want to live here forever? Yep. It's a state of mind, and I wouldn't trade it for anything.