House Prices in San Francisco & Bay Area Experience Steep Declines from April Peak Craziness, Down Year-over-Year | Wolf Street

Year-over-year, the median price in San Francisco dropped by 9% in July, the second month in a row of year-over-year declines, following the 4% year-over-year decline in June. The first time the median price hit this level was in February 2018. In this chart, the seasonal low points are generally Decembers and Januarys. The summer months tend to be in the upper part of the range – but obviously not this July. The purple line connects the Julys.

House Prices in San Francisco & Bay Area Experience Steep Declines from April Peak Craziness, Down Year-over-Year | Wolf Street