Wednesday, December 24, 2003

California real estate prices still strong

Is this getting redundant? The California Association of Realtors (C.A.R.) reports that the median price of a home in California has increased 17.8% in November, and that sales are up 15.7%. Also reported is that interest rates are down from the same period last year. The complete report on California real estate prices is here.

Some real estate facts:
California's highest median home price by C.A.R. region - November 2003: Santa Barbara South Coast $735,000 (Source: C.A.R.)
California's lowest median home price by C.A.R. region - November 2003: High Desert $172,620 (Source: C.A.R.)

Wishing everyone a joyous holiday!

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