The median Bay Area home price rose to within a hair of its all-time high last month, as affordability continues to decline across the region, dipping close to an all-time low in San Francisco, according to new reports on the housing market.
The median price paid for new and resale homes and condos in the nine-county region rose to $661,000 in July, up 0.2 percent from June and 7.5 percent from July of last year, according to a CoreLogic report issued Wednesday.
The July price is just 0.6 percent below the twin peaks of $665,000 notched in June and July 2007.
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