Saturday, March 21, 2009

Home sales show steady upward climb

Home sales beat the year-ago mark for the sixth straight month in February, with a total of 5,032 new and resale houses and condos closing escrow in the nine-county Bay Area last month.

The number was essentially unchanged from 5,050 in January but up 26.1 percent from 3,989 in February 2008, according to San Diego-based MDA DataQuick.

In Santa Clara County 1,079 homes were sold, compared to 984 in February 2008. The median price was $408,750, down 37.90 percent.

In San Mateo County there were 311 homes sold, down from the 343 a year ago. The median price was $502,250, down 22.30 percent.

More

No comments:

Post a Comment