Geek's Number Talk: The Pandemic Effect

It might seem counterintuitive with many of us spending a lot more time at home, but sales volume and median prices have both increased across the Bay Area during the ongoing pandemic. Just take a look at the numbers...

We’ve seen a 6% increase in sales volume and anywhere from an 8-29% spike in prices, primarily driven by buyers looking to upgrade into bigger houses that are also functioning as home offices and mini-schools.