Posts Tagged ‘statistics’

Bay Area Prices Down An Average of 44% From 2007 to 2009

Monday, March 1st, 2010

Thought that you would like a quick visual on the state of the Bay Area housing market.

The average price decline for the Six County Bay Area for the period 2007 to 2009 was -44%, arguably the peak of the market to the present day.  However, the story isn’t uniform in every region, or in every neighborhood.  The largest decline was in Contra Costa County, at an average decline of -52%, and the smallest decline was San Francisco County at -20%.

Whether you are buying or selling, estimating value today is a challenge.  Always check the micro-markets of the neighborhoods that interest you.  Recent monthly stats indicate that prices in the San Francisco area may be stabilizing and growing.