What a $387,000 home looks like in the East Bay
The median price paid for a Bay Area home rose above the year-ago level for the second consecutive month, a reflection of widening price stability, fewer foreclosures selling and more activity in pricier areas, reports MDA DataQuick today.
The median price paid for all new and resale houses and condos that closed escrow in the nine-county Bay Area last month was $387,000. That was down 0.8% from $390,000 in October but up 10.6% from $350,000 in November 2008.
