California Real Estate Market Report
Published by margomurray November 28th, 2008 in Real Estate Market Trends, Housing Economy, Real Estate Advice, California Real Estate, Is this the right time to buy a home?, home purchase in California. by margomurray Tags: No Tags.|
November 2008 |
Current |
Last |
Last |
Month- Month |
Year - Year |
|
Existing Home Sales |
502,190 |
490,850 |
255,340 |
2.3% |
96.7% |
|
Median Home Price |
$316,480 |
$350,140 |
$535,760 |
-9.6% |
-40.9 |
|
Unsold Inventory Index |
6.5 |
6.7 |
16 |
-3% |
-59.4% |
|
Median Days on Market |
46.1 |
47.3 |
56.7 |
-2.5% |
-18.7% |
|
30-Year Fixed Mortgage |
6.04% |
6.48% |
6.38% |
-0.44% |
-0.34% |
Source for statistics: California Association of Realtors
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