California home sales bounce back in May as homes sales increase 2.6 percent from last year. San Francisco Bay Area’s median price of single family homes was $899,730 increasing 6.0 percent from last year. Sales in the Bay Area increased
After starting the year on a positive note in January, home sales and median price backpedaled on a monthly basis in February, but still showed strong gains on a yearly basis. Home sales totaled 400,500, down 4.7% from January and
California’s housing market started the year on a high note, following up on December’s strong showing with higher sales both on a monthly and yearly basis in January. Up 2.1 percent from December and 4.4 percent from January 2016.