The Bay Area has more homes on the market than during last summer, but buyers just aren’t biting.
Across the nine-county region, home sales remained slow in June, quashing the real estate industry’s hopes that 2025 might finally be the year the market recovers from a three-year slump.
Sellers, getting desperate, are starting to lower their prices. In Contra Costa and Alameda counties, one in every three homes for sale saw a price drop in June. In San Mateo and Santa Clara counties, it was one in every two homes, according to Redfin data…