From Pacific Union comes a new report from the National Association of Realtors (NAR) that shows home prices in the U.S., particularly in the Bay Area, reaching record-breaking highs in the month of May.

While the U.S. saw the median home prices increase more than $5,000 over last year's record to $252,800, as well as an 8.9 percent increase in new single-family home prices overall, the Bay Area broke records with prices over the nine counties averaging $818,000, according to The Mercury News. 

Marin County saw average highs for the month at $1,250,000 per sale while Santa Clara County averaged $1,093,000, Alameda County averaged $805,000, and Sonoma County topped its previous average at $600,000.

Current conditions are not sustainable in the long run, says NAR Chief Economist Lawrence Yun in a release, citing inventory shortages that are causing people to delay home purchases. In the meantime, it seems there is no shortage of buyers looking to drive prices through the roof. It’s not unheard of to see final sales prices end up $300,000 to $400,000 over asking price. As Pacific Union real estate professional Adam Touni tells The Mercury News, “the market is nuts.”