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May Real Estate Stats

Calif. median home price: May 2012: $312,110 (Source: C.A.R.)
Calif. highest median home price by region/county May 2012: Marin, $791,670 (Source: C.A.R.)
Calif. lowest median home price by region/county May 2012: Merced, $119,410 (Source: C.A.R.)

Calif. Pending Home Sales Index: May 2012: 128.8, unchanged from April.
 
Calif. Traditional Housing Affordability Index: First quarter 2012: 56 percent (Source: C.A.R.)

Mortgage rates: Week ending 6/28/2012 30-yr. fixed: 3.66% fees/points: 0.7% 15-yr. fixed: 2.94 fees/points: 0.7% 1-yr. adjustable: 2.74% Fees/points: 0.4% (Source: Freddie Mac)
Published Sunday, July 08, 2012 4:13 PM by Gail Griffin, GRI, e-PRO

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