Although sellers may not feel as warm, the Bay Area market normalizing to more realistic appreciation rates is considered positive news for housing health, according to Pacific Union’s July report on Bay Area real estate. Consistent with trends reported in Pacific Union’s quarterly Bay Area market update, major regions of the Bay Area (Silicon Valley, San Francisco, East Bay) saw single-digit bursts in annual home price appreciation in July — with the exception of Marin County, where median price grew by double digits year-over-year (12 percent). San Francisco single-family homes and condos and East Bay homes realized premiums above asking price last month, according to Pacific Union. Out of these four markets, the East Bay saw the lowest average market time. San Fran…