Bay Area real estate: home prices, rents and housing market data by city, with links to the original data and reporting.
High mortgage rates and thin inventory are keeping entry-level buyers on the sidelines, while homes priced at $6.5 million and up are selling faster, according to NBC Bay Area reporting.
Redfin's median slipped 1.5% from a year ago while Zillow's index rose 4.8%; sales jumped.
Homes sold for 15% over asking on average as San Francisco posted one of the Bay Area's sharpest price gains.
Oakland prices are roughly flat to slightly up, but bidding is intense: the average home sells about 12% over list.
San Jose is one of the few big Bay Area cities where prices are slipping, and homes are taking slightly longer to sell.
Berkeley has the most aggressive bidding in this Bay Area roundup, with homes getting about six offers.
Fremont posted the steepest annual price drop of the Bay Area cities in this roundup.
Palo Alto remains the priciest city in this roundup, with prices steady and homes moving fast.
Sales volume fell 12% in San Mateo even as homes kept selling above list.
The county median was $1.88 million, down 4% from a year earlier, on 726 sales.
The countywide condo and townhome median was $852,500 on 262 sales, with an average of 42 days on market.
San Francisco led with a 14.9% jump; Fremont and San Jose fell. Here is the full comparison.
