North Bay Business Journal

Demand continues to outpace supply for housing markets in the North Bay and the Bay Area, and housing prices continue to climb skyward at double-digit rates, according to a monthly housing report by San Diego-based DataQuick.

Home sales and median prices in October continued to rise in the North Bay and the rest of the Bay Area, according to a report released today.

NORTH BAY — The median price paid for a home in the North Bay continued to rise in September, with prices in the Bay Area climbing to the highest level in more than four years, according to San Diego-based real estate data tracker DataQuick.

As positive indicators continue to strengthen across the North Bay housing market, real estate leaders in the region expressed increasing confidence that housing is starting to recover from the crash of 2006.

Vote in and leave your thoughts on this week’s NBBJ Pulse Poll question: “What signs of strength do you see in North Bay housing markets?”

Both the number and price of homes sold in the North Bay increased in July, driven by Bay Area-wide trends that include increased mid- and up-market buying activity, according to a report today from San Diego-based real estate tracking firm DataQuick.

Median prices for homes sold rose across Sonoma, Marin and Napa counties in June, while Bay Area averages reached the highest level in nearly four years, according to a report today from San Diego-based housing data tracker DataQuick.