California Fast Facts in Real Estate

 

 

 

 

    Fast Facts

 

Calif. median home price: May 2012: $312,110 (Source: C.A.R.)
Calif. highest median home price by region/county May 2012: Marin, $791,670 (Source: C.A.R.)
Calif. lowest median home price by region/county May 2012: Merced, $119,410 (Source: C.A.R.)

Calif. Pending Home Sales Index: April 2012: 128, a decrease from the revised 138.9 recorded in March.
 
Calif. Traditional Housing Affordability Index: First quarter 2012: 56 percent (Source: C.A.R.)

Mortgage rates: Week ending 6/14/2012 30-yr. fixed: 3.71% fees/points: 0.7% 15-yr. fixed: 2.98 fees/points: 0.7% 1-yr. adjustable: 2.78% Fees/points: 0.5% (Source: Freddie Mac)