Bay Area Home Sales Fall Sharply; Median Price Dips Below Last Year

by 19 Nov 2010
La Jolla, CA ----Bay Area homes sold at the second-slowest pace for an October in more than two decades, the result of lost government stimulus, tight credit for pricier homes and lingering concerns about jobs and the economy. The region?s median sale price fell on a year-over-year basis for the first time in 13 months, a real estate information service reported.

 

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