Luxury home values in the Bay Area and other key California cities are chalking up their biggest gains since the housing boom went bust in the last decade.
Bay Area luxury home values soared 6.6 percent in the second quarter, the biggest year-over-year gain since the first quarter of 2006.
And Bay Area luxury home values rose 2.9 percent from the first quarter of 2012. The average luxury home in San Francisco is now $2.67 million, according to the First Republic Prestige Home Index produced by First Republic Bank and Fiserv CSW Inc. (NASDAQ: FISV)
Tuesday, September 4, 2012
Boulder RE Market
SF Bay area luxury home market is hot! Values soared 6.6% in the second quarter, the biggest gain since 2006. Surely, Boulder can’t be far behind!
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