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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Amelia Wong | Wayne Mason

Luxury Homes Advisors | Broker | MBA

East meets West Power Team: Lead by Amelia Wong and Wayne Mason with complimentary expertise to serve local and international Buyers and Sellers. The Luxury Homes Power Team focuses on massive marketing approach that reaches out locally and globally to attract Luxury Home Buyers to the Silicon Valley Real Estate market. Amelia speaks fluent English, Chinese-Cantonese and Chinese-Mandarin while Wayne is a native Silicon Valley expert. Luxury Homes Power Team offers the best of both worlds to benefit their clients.

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