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Yep, you read it right. The S.F. Chronicle:
A total of 3,582 existing single-family homes changed hands in the nine-county region in February, down 8.5 percent from the same time last year, according to the DataQuick report. Their median price was $370,000, a 24.8 percent increase from February 2009.
And then there’s this: “California’s median home sale price jumps 11.2% in February.”
Dr. Duru