Bay Area Home Prices Continue to Slip

Bay Area home prices continued to decline in September as the regional market slows from The Rapid Pace set over the past seven years. The Median Sales Price in September for an Existing home in the Bay Area dropped 4.7%, to $810,000, despite low interest rates, a strong Stock market and booming regional economy, according to real estate data firms CoreLogic And DQNews.

Bay Area home prices still are among the highest in the nation.

"It's still a good, strong seller's market," said Jeff LaMont, a Coldwell Banker agent in San Mateo. "It's still a challenge for buyers."

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