Q2 2019: Median Home Prices

Median home sales prices typically fluctuate by season - partly due to the heat of buyer demand and partly due to the seasonal nature of luxury home sales - and it is not unusual for them to peak for the calendar year in Q2.

Year-over-year appreciation rates have clearly declined, but generally remain positive in our market area. Many Bay Area markets have seen small y-o-y median price declines. San Francisco, being at the heart of the spring surge in IPOs, saw the highest year-over-year increase - about 5%.