Several of the local news outlets carried the overview story of the increases in local residential real estate, but leave it to the Wall Street Journal to give us the really local details we crave! Yesterday's edition carried the full DataQuick listing of 107 towns from Healdsburg to Morgan Hill.
B'game came in #17 overall at +27.9% in fourth quarter 2012 over fourth quarter 2011. The only Peninsula towns escalating faster are Sunnyvale (+36.1%) and Mountain View (+33.2%) but our median sales price is a full half-million above Mountain View and almost double Sunnyvale's. Here's the map from the article
The dearth of listings (it's either 12 or 16 depending on which realtor's newsletter you read) means this will likely continue for awhile.