Prices are climbing year over year. The decrease in the number of sales in the SF Bay Area is a reflection of a lack of inventory, which is also supported by how long homes are saying on the market. The median number of days a property was on the market before it sold in February was 13... things are moving quickly! If you're a buyer, make sure you have your financing in place (get preapproved!) so you can move quickly if necessary.
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