SF Home Sales Tick Higher In March As Statewide Median Price Sets An All-time High

San Francisco

2022/04/25

Single-family home sales in SF Bay Area ↑ 70.5% MoM while ↓ 2.7% YoY. March's median home price in SF Bay Area was ~$1.44M, ↑ 8.2% MoM and ↑ 17.9% YoY.A surge in sales at the top end of the market was the primary factor for the jump in the statewide median price in Q1 2022.The share of million-dollar home sales increased for the second consecutive month, ↑ 32.9% in March, the highest level on record. The share of million-dollar home sales increased for the second consecutive month, ↑ 32.9% in March, the highest level on record.