Bay Area Home Prices Continue to Increase

Bay Area real estate continues to be a seller’s market, with February posting an 11.4 percent increase in median home prices compared to a year earlier. This is according to CoreLogic.(1) Alameda County saw a 12.3 percent gain over last year, and Santa Clara county went up 11.4 percent from a year ago, reaching a median price of $960,000. This figure is only 4 percent less than it’s $1 million peak in the spring of 2016.

Oakland homes move the quickest off the market with an average of 15 days, while San Jose homes stay on the market for 21 days and San Francisco homes average 28 days on the market. Because of this, it continues to be very challenging for buyers to find homes in the Bay Area.

Homes also consistently sell for over asking. In San Jose, 63 percent of the homes sold for over asking, 62 percent of San Francisco’s homes sell for over asking, and Oakland’s homes sell over asking 59 percent of the time. The stunning English Tudor, located at 123 Wildwood Gardens in Piedmont, offered at $4,195,000, sold in one day for over asking.

About Anian Tunney

Anian Tunney is an agent broker with The Grubb Company. According to statistics collected by East Bay Regional Data, Inc., she was the 2014 number one real estate agent in Piedmont, CA for the number of units sold and sales volume. In 2014 she was The Grubb Company company-wide top producer. Additionally, Tunney has been number 1 in yearly real estate sales for The Grubb Company’s Piedmont office for the last 8 years. Anian was also ranked 129th in the Nation by REAL Trends the Thousand in July 2015. She is known for her knowledge, experience, and network in the Piedmont community; qualities which are invaluable for finding that special home or buyers for her clients.

A fifth generation Piedmont resident, Tunney has been with the Grubb Company for over 30 years. She raised her family of four in Piedmont and is active in community projects such as the Piedmont Beautification Foundation, the East Bay Museum Auxiliary, and the Piedmont school district. Her grandmother, Amy Sutton, was a real estate agent, and now Anian works with her daughter Adrienne Krumins, making Piedmont Realty truly a family vocation. Tunney negotiates with grace and clarity of purpose. She can be contacted at 510-339-0400 ext 217, and at tunney(at)grubbco(dot)com. Her website is aniantunney.com.

Contact Information

Anian Tunney, Piedmont CA real estate agent broker associate
The Grubb Company Real Estate Brokers
Oakland, CA 94611
510-339-0400 ext 217
tunney(at)grubbco(dot)com
aniantunney.com
aniantunney.com/blog

(1) http://www.bizjournals.com/san...