Bay Area Homes Hit Record High

Sorry Hart and Marc.

"Bay Area home prices hit new record

MEDIAN PRICE OF $569,000 IS NEARLY 20 PERCENT HIGHER THAN A YEAR AGO

By Sue McAllister, Mercury News

For all those waiting for any home price ``bubble'' to explode: It hasn't happened yet.

Prices of Bay Area houses rose nearly 20 percent over the 12 month period ending in February, reaching a new record median price of $569,000 paid for existing single-family houses."