Monday, October 31, 2011

Fast Facts of California Housing Market - September 2011

Median Home Price: $287,440
* Highest median home price by region/county : Marin: $786,590
* Lowest median home price by region/county: Siskiyou County: $113,330

Pending Home Sales Index: 118.
* An increase of 8.4 percent compared with a prior year.
 
Traditional Housing Affordability Index: 51 percent as of second quarter

Mortgage Rates: Week ending 10/27/2011 
30-yr. fixed: 4.10% (fees/points: 0.8)
15-yr. fixed: 3.38% (fees/points: 0.7) 
5-yr. ARM: 3.08% (fee/points: 0.6)
1-yr. adjustable: 2.90% (Fees/points: 0.6)