Thursday, June 29, 2006

Prices Up, Number of Sales Down

The median price of an existing single-family home in California increased 8 percent in May and sales decreased 21.1 percent compared with the same period a year ago, the California Association of Realtors recently reported. According to the report, the median price of an existing, single-family detached home in California during May 2006 was $564,430, an 8 percent increase over the revised $522,530 median for May 2005. The May 2006 median price increased 0.5 percent compared with April's revised $561,750 median price.

Search the MLS at:


Post a Comment

<< Home