California Fast Facts About the Current Real Estate Market!

    Fast Facts

Calif. median home price: April 2013:

  • California: $402,760
  • Calif. highest median home price by region/county April 2013: Marin, $952,870
  • Calif. lowest median home price by region/county March 2013: Siskiyou County, $$118,0000

Calif. Pending Home Sales Index: April 2013: Decreased 3.7 percent from a revised 126.5 in March to 121.7 in April

Calif. Traditional Housing Affordability Index: First Quarter 2013: 44 percent (Source: C.A.R.)

Mortgage rates: Week ending 6/6/2013 (Source: Freddie Mac)

  • 30-yr. fixed: 3.98% fees/points: 0.7%
  • 15-yr. fixed: 3.10% fees/points: 0.7%
  • 1-yr. adjustable: 2.58% Fees/points: 0.4%