Corelogic released its November San Francisco Bay Area housing market report today. Home sales dropped to the lowest level for the month of November since 2008, the result of a limited number of homes for sale, cautious buyers, a challenging mortgage market and a quirk of the calendar that resulted in a relatively low number days for recording deals. The single-digit, year-over-year rise in the median sale price was the lowest since May 2012. See below for a chart of the # of homes sold and median prices per county.
Total November Home Sales
in the San Francisco Bay Area counties
| Homes Sold | Median Sale Prices | |||||
| All homes | Nov-13 | Nov-14 | Percent Change | Nov-13 | Nov-14 | Percent Change |
| Alameda | 1,469 | 1,246 | -15.20% | $518,500 | $585,000 | 12.80% |
| Contra Costa | 1,250 | 1,145 | -8.40% | $410,000 | $435,500 | 6.20% |
| Marin | 287 | 265 | -7.70% | $741,250 | $870,000 | 17.40% |
| Napa | 110 | 98 | -10.90% | $455,000 | $562,750 | 23.70% |
| Santa Clara | 1,517 | 1,450 | -4.40% | $667,500 | $715,000 | 7.10% |
| San Francisco | 544 | 434 | -20.20% | $843,000 | $1,072,500 | 27.20% |
| San Mateo | 581 | 499 | -14.10% | $700,000 | $818,500 | 16.90% |
| Solano | 430 | 433 | 0.70% | $275,000 | $305,250 | 11.00% |
| Sonoma | 471 | 433 | -8.10% | $418,750 | $447,250 | 6.80% |
| Bay Area | 6,659 | 6,003 | -9.90% | $550,000 | $601,000 | 9.30% |
