Survey shows double-digit jump in Bay Area home prices

June 20, 2013 12:53:31 PM PDT
A new housing survey out Thursday morning shows year-to-year home prices here in the Bay Area experienced a double-digit jump. That's according to real estate firm "Clear Capital."

Home prices in Santa Rosa saw nearly a 16 percent increase.

The San Francisco-Oakland area experienced a change of almost 18 percent.

And homes in the Silicon Valley saw a 19 percent increase, largely thanks to the blooming tech sector in the South Bay.

The part of the country with the highest jump in home prices was Phoenix, Arizona.