Bay Area luxury home sales set records
- John Sailors
- Morning Edition Editor- San Francisco Business Times
Luxury home sales in the Bay Area reached new heights in 2013, with bidding wars pushing prices higher, according to new numbers from research firm DataQuick.
Sales of homes for more than $2 million rose to 2,604 over the year, a 28 percent jump from a year earlier.
That was also the highest level since the company began tracking sales in 1988.
Sales of homes above $1 million rose 40.6 percent, the highest since 2007.
Filed under: News & Events
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