California home sales rebound in February; median price dips, C.A.R. reports

Latest housing update from C.A.R. Existing, single-family home sales totaled 399,080 in February on a seasonally adjusted annualized rate, up 11.3 percent from January and down 5.6 percent from February 2018. February’s statewide median home price was $534,140, down 0.6 percent from January and up 2.2 percent from February 2018. Statewide active listings grew at […]

California home sales fall to lowest level in more than 10 years, C.A.R. reports

– Existing, single-family home sales totaled 357,730 in January on a seasonally adjusted annualized rate, down 3.9 percent from December and down 12.6 percent from January 2018. – January’s statewide median home price was $538,690, down 3.4 percent from December and up 2.1 percent from January 2018. – Statewide active listings rose for the 10th straight month, increasing […]