Depends on the neighborhood. Arguably, bay area prices peaked in October of 2015, and have been flat or down slightly. If you convert housing prices to $/square

Depends on the neighborhood. Arguably, bay area prices peaked in October of 2015, and have been flat or down slightly. If you convert housing prices to $/square foot, it hit and has been flirting with the "magic psychological price point" of $1000/sq ft price for a long time. There are many exceptions to the rule (of course) but you can see prices racing up to a city-wide average of $1000/sq ft and then flattening out quickly if you look at a graph.