Friday, September 30, 2011

Fast Facts of California Housing Market - August 2011

Calif. median home price: $297,060
* Highest by region/county: Marin: $806,550
* Lowest by region/county: Siskiyou County: $116,670

Calif. Pending Home Sales Index: 125.3
* an increase of 12.6 percent compared with a prior year

Calif. Traditional Housing Affordability Index: 51 percent as of Q2

Mortgage rates: Week ending 9/29/2011
30-yr. fixed: 4.01% (Fees/points: 0.7% )
15-yr. fixed: 3.28% (Fees/points: 0.7%)
1-yr. adjustable: 2.83% (Fees/points: 0.6%)

Sources: California Association of Realtors and Freddi Mac


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