Paul and Ruby Callary speak with their realtor Mark Wong, left, before an open house Sunday morning, April 3, 2016, at their home of 27 years in San Jose, Calif. (Karl Mondon/Bay Area News Group)
Karl Mondon Paul and Ruby Callary speak with their realtor Mark Wong, left, before an open house Sunday morning, April 3, 2016, at their home of 27 years in San Jose, Calif. (Karl Mondon/Bay Area News Group)

It had to happen sooner or later. Silicon Valley, or at least places therein, has reached a new milestone, according to CoreLogic data via the San Jose Mercury News.

The median price of a single-family home in Santa Clara County hit seven figures for the first time last month: $1 million on the button. Prices grew even dizzier in San Mateo County, where the $1.2 million average matched the previous record, set in May 2015.

The East Bay also saw a run-up in prices, with the median Alameda County home reaching $750,000, up more than 10 percent from the previous month. Tugged upward by prices in Walnut Creek and other high-end areas, the median Contra Costa County price grew to $525,000, its steepest in seven years, according to new housing figures released Wednesday.

"We just don't have a market under $700,000 in Walnut Creek," said Alain Pinel agent Margaret Garber-Teeter. "And even at $700,000, you're going to be in second-tier schools.

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