Safety, News, and Alerts 

 May 17, 2018

California kicks off spring home-buying season with mixed results, C.A.R. reports

- Existing, single-family home sales totaled 416,790 in April on a seasonally adjusted annualized rate, down 1.7 percent from March and up 2.2 percent from April 2017.

- April’s statewide median home price was $584,460, up 3.5 percent from March and 8.6 percent from April 2017.

- For the first time in nearly three years, the number of available homes for sale increased, following nearly two consecutive years of double-digit declines in active listings.

LOS ANGELES (May 17) – California’s spring housing market posted mixed results as home sales cooled in April and home prices continued to accelerate, especially in the San Francisco Bay Area region, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.  

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 416,790 units in April, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide.

The statewide annualized sales figure represents what would be the total number of homes sold during 2018 if sales maintained the April pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.

 

 


March 19, 2018

            California housing market bounces back in February as sales perk higher from prior month and year, C.A.R. reports

- Existing, single-family home sales totaled 422,910 in February on a seasonally adjusted annualized rate, up 3.3 percent from January and 5.4 percent from February 2017.

- February’s statewide median home price was $522,440, down 1.0 percent from January and up 8.8 percent from February 2017.

- San Francisco, San Mateo, Marin, Santa Clara, and Sonoma counties all surpassed their previous peak price to hit $1,730,000, $1,610,000, $1,371,000, $1,383,500, and $689,000, respectively.

LOS ANGELES (March 19) – Led by the San Francisco Bay Region, California home sales registered healthy gains in February on both a monthly and annual basis after January’s weak start, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today.  

Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 422,910 units in February, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide.

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