Last year's spring 2018 was a very, very hot market - around the Bay Area - which created a large burst in home-price appreciation. Spring 2019 in SF has also been very strong, with many of the supply and demand statistics only slightly cooler - a few more days on market, a bit less overbidding, etc. - plus an increase in high-end home sales. Median home sales prices are much the same as last year, re-attaining, but so far, not exceeding previous peaks to any significant degree.