Home prices in the Bay Area skyrocketed last month as buyers clamored for a limited supply of residences.

Prices for single-family homes jumped 11.4 percent across the nine-county region compared to a year earlier, the Mercury News reported, citing CoreLogic real estate figures. The median home price in the Bay Area hit $675,000, the biggest increase in more than a year.

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About the author

Amelia Wong

Relocation Specialist | Realtor

Amelia Wong is a veteran real estate investor, life coach, real estate expert. She offers her expertise in assisting Sellers to sell their homes at top market values by executing multi-faceted marketing programs that reaches both local and international buyers. She speaks fluent English, Chinese-Cantonese and Chinese-Mandarin.

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