Bay Area home sales.LA JOLLA La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and , Calif.--(BUSINESS WIRE)--Sept. 20, 1995--Bay Area home sales surged last month to their highest level in more than a year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a real estate information service. A total of 5,349 resale resale n. selling again, particularly at retail. In many states a "resale license" or "resale number" is required so that the state can monitor the collection of sales tax on retail sales. RESALE. houses were sold in the nine-county region
The Nine-County Region (Metro Indianapolis Area) is an informal name to an area comprising nine counties in the center of the U.S. state of Indiana with a population of almost 2 million residents. in August. That was up 27.5 percent from 4,195 in July and up 7.8 percent from 4,964 for August last year (see chart), DataQuick Information Systems reported. Last month s year-over-year increase in sales was the first of this year, and the sales count was the highest since June of last year when 6,113 resale houses were sold. "The perception among home buyers is that interest rates and prices are about as low as they re going to go. A lot of fence- sitters have been getting into the market," said Donald L. Cohn, DataQuick CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . The increase in sales was strongest in Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , while North Bay counties saw moderate declines. The median price paid for a Bay Area resale house was $234,000 last month, down 0.4 percent from $235,000 in July and up 2.2 percent from $229,000 for August a year ago. A bottom of $220,000 was reached during the first quarter of this year. DataQuick monitors real estate activity nationwide and provides information to consumers, lending institutions Noun 1. lending institution - a financial institution that makes loans financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in , title companies and industry analysts. So far this year, 31,653 resale houses have been sold in the Bay Area, down 21.0 percent from 40,057 for the same period last year, DataQuick reported.
Single-family detached resales
No. Sold No. Sold Pct. Med($K) Med($K) Pct.
Aug-94 Aug-95 Chng. Aug-94 Aug-95 Chng.
Alameda 981 1,027 4.7 pct. $198 $203 2.5 pct. Contra Costa 926 995 7.5 pct. $215 $216 0.5 pct. Marin 260 247 -5.0 pct. $339 $340 0.3 pct. Napa 78 70 -10.3 pct. $178 $175 -1.7 pct. San Francisco 280 328 17.1 pct. $269 $254 -5.6 pct. San Mateo 495 530 7.1 pct. $305 $308 1.0 pct. Santa Clara 1,154 1,336 15.8 pct. $241 $256 6.2 pct. Solano 385 370 -3.9 pct. $157 $141 -10.2 pct. Sonoma 405 446 10.1 pct. $190 $199 4.7 pct. Bay Area 4,964 5,349 7.8 pct. $229 $234 2.2 pct. CONTACT: John Karevoll 909/867-9534 |
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