California Housing maintains its record-setting pace with the state's Median Price up 39% year over year to $818,260. What skews that number is that's not the "Average Price"... but half the sales are more than that number, half for less. Because there are more multi-million dollar properties ... » Learn More about California Real Estate Market at a Glance May 2021
California Real Estate market
California Residential Real Estate Strongest Price Growth Ever Recorded
The supply and demand inequalities continue to drive the median residential real estate prices higher across California. Even though added housing stock would be advantageous to handle the pent-up demand, builders are having issues finding skilled labor, having supply chain issues getting ... » Learn More about California Residential Real Estate Strongest Price Growth Ever Recorded
California Real Estate Market at a Glance March 2021
The most note worthy elements of the California March 2021 housing statistics are the Median price is up 24% year over year, the unsold inventory is down 40% compared to last year and the median time on the market is only 8 days. No doubt the property values will continue to appreciate at a high ... » Learn More about California Real Estate Market at a Glance March 2021
California Real Estate Market at a Glance February 2021
How hot was the California housing market? The median price up 20.6% year over year, and the median time on the market only 10 days. There are several elements that are now coming into play... Will the higher interest rates and property values affect the affordability level where it takes ... » Learn More about California Real Estate Market at a Glance February 2021
California Real Estate Market at a Glance December 2020
California statewide stayed hot through the end of 2020. Year over year sales was up 28% but would have been substantially higher if not for the lack of inventory, which was down 48%. The median time on the market was only 11 days... Hard to be a buyer in this market. If you are in the Los ... » Learn More about California Real Estate Market at a Glance December 2020