Region’s residential sales top $5 billion for year to date

Local residential home sales in the four-county BizWest area held steady in August, recording a 5 percent increase over last year with a total of 2,002 homes sold. This compares to sales of 2,157 in July. For the year to date, sales are up 6.6 percent to a total of 13,845 homes sold.

The median selling price finally hit $300,000 for the year to date, the first time this figure has been recorded on a year-to-date basis. The total volume for 2015 to date exceeds $5 billion, which is up 18.9 percent from last year. This…