Marin County's median for resale houses reached $1,010,000 last month, the first time any California county passed the million-dollar mark… The median price paid for a Bay Area home increased last month to $659,000, a new peak. That was up 3.1% from $639,000 for March, and up 3.8% from $635,000 for April 2006… Prices have increased the last three months. DataQuick: "With sales this slow, prices would decline if there were a huge number of motivated sellers listing their homes. That doesn't appear to be the case. It's likely that potential buyers are biding their time, as are sellers.
» ocregister.com [ Contribute: submit link / submit article / submit company ]
