After a strong month to month sales gain up to June, sales fell more after June, especially for homes above $500,000. Although sales are still higher than July last year, there were a total of 6,887 new and resale houses and condos sold in the nine-county Bay Area last month. That was a 13.9 percent down from 7,998 in June. A decline from June to July is normal for the season. Foreclosure resales accounted for 26.6 percent of resales in July. Short sales made up an estimated 18,8 percent of Bay Area resales last month.
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