Our Real Estate Blog

California Home Sales Statistics as Released by CAR

January 4th, 2008 7:54 PM by Lehel Szucs

Calif. median home price - November 07: $488,640(Source: C.A.R.)

Calif. highest median home price by C.A.R. region November 07: Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region November 07: High Desert $262,650 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Third Quarter 07: 24 percent (Source: C.A.R.)

Mortgage rates - week ending 12/27: 30-yr. fixed: 6.17%; Fees/points: 0.5% 15-yr. fixed: 5.79%; Fees/points: 0.5%

1-yr. adjustable: 5.53%; Fees/points: 0.7% (Source: Freddie Mac)

Posted in:General
Posted by Lehel Szucs on January 4th, 2008 7:54 PM

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