San Francisco home prices rose more than 15 percent in October from a year ago, posting a median sale price of $1.18 million. Sales fell for the fourth-straight month, dropping nearly 19 percent.
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Home prices in the District climbed a modest 2.1 percent while sales slumped 12 percent in October. Redfin agents say seasonality is one reason for October’s slow sales and modest price growth, but they also sense a subtle shift in the market that might be more than a seasonal chill.
Chicago home values increased slightly in October from a year earlier, with the typical home selling for $239,000. Sales were essentially flat, exhibiting a 0.4 percent increase. Like much of the country, Chicago is seeing a seasonal slowdown in sales and prices, as compared to previous months.