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  • Montclair | Abio Properties Blog

    Tuesday, August 1, 2017   /   by Abio Properties, Blogger

    Abio in the News: Bay Area Home Prices Break Records

    As Bay Area home prices continued to break records, Abio Properties co-founder Linnette Edwards helped explain the red-hot real estate trend to the San Francisco Chronicle and KRON4 News.

    Reporters sought Linnette’s expertise after a new industry report showed that the median Bay Area home price rose to $735,000 in June, up 7.5 percent from the same time last year.
    In Alameda County, the median home price jumped 10 percent to $770,000, from last June to this June. In Contra Costa County, the median rose 7.2 percent to $580,000, according to CoreLogic analytics.
    The San Francisco Chronicle reported:
    "Alameda County posted the largest month-to-month [May 2017-June 2017] rise in prices, 5.9 percent. Some homes in the popular areas of Oakland and Berkeley are selling for 60 percent more than the asking price and approaching San Francisco on a price-per-square-foot basis, said Linnette Edwards, associate broker with Abio Properties. 'I’ve neve ...

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      abio properties, oakland, east bay homes for sale, market conditions, montclair