March home sales and price report
California home sales tick higher in March as median price reaches eight-month high.
More info @ https://www.car.org/en/aboutus/mediacenter/newsreleases/2018releases/march2018homesales
California home sales tick higher in March as median price reaches eight-month high
– Existing, single-family home sales totaled 423,990 in March on a seasonally adjusted annualized rate, up 0.3 percent from February and 1.6 percent from March 2017.
– March’s statewide median home price was $564,830, up 8.1 percent from February and 8.9 percent from March 2017.
– Alameda, Marin, San Mateo, Santa Clara, San Diego, and Orange counties all hit a new peak price at $955,000, $1,392,500, $1,615,000, $1,454,500, $625,400, and $824,450, respectively.
LOS ANGELES (April 17) – California’s housing market continued its momentum as seasonally adjusted, existing home sales rose both month to month and year to year in March, while the statewide median price accelerated to an eight-month high, 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 423,990 units in March, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. Positive Real Estate News – http://www.facebook.com/pages/p/166701730035514
April 23, 2018 at 04:11PM