SF Home Prices Fall 20%; Overall Bay Area Prices Fall 46%
New real estate data from MDA DataQuick is further spelling out the already obviously grim picture in the local housing market, which is not as obviously and horribly grim as elsewhere in the nation but still obviously sucks. Basically, the data, especially outside of San Francisco County, is based on a relatively small handful sales, because the market's frozen and everyone's sitting on their property if they can possibly help it. Renters out there, give thanks for having no toxic assets! After the jump, more data wonkiness.
The number of home sales in San Francisco County has actually been on the rise, in large part due to falling prices and the never-ending demand of people who want to own property here.
Below, the full 9-county chart with a comparison to March '08.
