Though home sales throughout the Bay Area slowed this summer, prices remain stubbornly high.

New data from the California Association of Realtors shows that home sales across the nine-county Bay Area in July declined 4% from last year, while the median sales price stayed flat, at $1.3 million.

The median price was $862,500 in Contra Costa County, $1.25 million in Alameda County, $1.6 million in San Francisco, $1.9 million in Santa Clara County, and $2.1 million in San Mateo County.

“We’ve seen the market soften, but we haven’t seen any dramatic price reductions,” said Jordan Levine, chief economist for the California Association of Realtors.

The reason is that there are plenty more buyers looking than homes for sale available. Homes in desirable neighborhoods are still fetching multipl

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