Monday, February 9, 2015

Market @ A Glance (CALIFORNIA)

REAL ESTATE NEWS

Latest Market @ A Glance
C.A.R. closely monitors and analyzes trends in the residential real estate industry. The table below contains the latest reported existing home sales series, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability index, and the latest mortgage rates. Click here for PDF version.
Market @ A Glance
CaliforniaReporting PeriodCurrent
Period
Last
Period
Year
Ago
Change from Last PeriodChange from Year Ago
Existing Home Sales (SAAR)  *
December-14
     366,000
       376,890
       363,740
-2.9%
0.6%
Median Home Price  *
December-14
$452,570
$444,830
$438,790
1.7%
3.1%
Unsold Inventory Index (months)  *
December-14
3.3
4.4
3.0
-25.0%
10.0%
Median Time on Market (days)  *
December-14
47.3
43.9
40.4
7.7%
17.1%
Traditional Housing Affordability Index (HAI)  *
2014 Q3
30%
30%
32%
0.0%
-2.0%
30-year fixed-rate mortgage (FRM)  **
December-14
3.86%
4.00%
4.46%
-0.14%
-0.60%
SOURCES * CALIFORNIA ASSOCIATION OF REALTORS®, ** Federal Home Loan Mortgage Corp.

BECOME A CALIFORNIA REAL ESTATE AGENT...CLICK LOGO TO VIEW OUR LIVE LECTURE SCHOOL

No comments:

Post a Comment

If you have questions or a comment about this Blog or our Company please use this section. We will do our best to review and answer within 24 hours.