Bay Area Housing Market Sales Push New All-Time High Median Price
California’s housing market just hit another milestone, and the Bay Area is leading the charge. According to the latest California Association of Realtors (CAR) data released June 17, 2026, the statewide median price for a single-family home reached a record $930,260 in May — up 2.3% from April and well above historical seasonal gains.
The Bay Area contributed heavily, setting its own regional record with a median price of $1.45 million, a solid 3.6% jump month-over-month. Three counties in the region now exceed the $2 million mark:
- San Mateo County: $2.401 million (+4.4% MoM, +9.1% YoY)
- San Francisco County: $2.2 million (+3.4% MoM, +22.2% YoY)
- Santa Clara County: $2.100 million (flat MoM, -3.3% YoY)
Other notable moves include Alameda County jumping 5.7% to $1.4 million and Contra Costa rising 6.9% to $935,000. Marin County held steady at $1.81 million (down 4% YoY), while Solano and Sonoma remain the more affordable pockets in the nine-county region.
Sales activity was generally stronger too, with many counties posting month-over-month and year-over-year gains, underscoring continued buyer demand despite elevated price tags.
For buyers and sellers using Properkey, this report highlights the ongoing competitiveness of premium markets like San Francisco, San Mateo, and Silicon Valley, while showing pockets of relative value and faster movement in East Bay and North Bay counties. Whether you're listing a property to capitalize on record pricing power or shopping in a hot but selective market, the data reinforces the importance of local, county-level intelligence and fast action in 2026.
