Fast Facts – California Real Estate

median_home

Calif. median home price: January California 2015:

  • California: $468,330
  • Calif. highest median home price by region/county: San Francisco, $1,173,610
  • Calif. lowest median home price by region/county: Del Norte, $156,670

Sale-pending-signCalif. Pending Home Sales Index:

Statewide pending home sales increased 8.3% from 71.9 in December 2014 to 77.9 in December 2015, based on signed contracts.

 

 

home-affordability

Calif. Traditional Housing Affordability Index:

Third Quarter 2015: 29%

 

 

 

InterestRatesMortgage rates: Week ending 2/18/2016
(Source: Freddie Mac)

  • 30-yr. fixed: 3.65% fees/points: 0.5%
  • 15-yr. fixed: 2.95% fees/points: 0.5%

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