East Bay Market Update

At $803,000, the January median sales price in our East Bay region was down from the preceding month but still 12.5 percent higher than it was at the same time last year. As has been the case for much of the past two years, the average East Bay buyer paid a premium to secure a home - about 4 percent - but overbidding activity was not as intense as it was last fall.

After bottoming out in December, the MSI increased to 1.7 in January. Homes took an average of 35 days to leave the market, a yearly high and in line with what we saw last January.

Click on the image below for an expanded look at local real estate activity. Click here for a look into real estate activity in all of Pacific Union's regions.