Wednesday, October 26, 2005

Median home price UP in California

The California Association of Realtors® (CAR) reports that the median price of an existing (not newly built) home in California grew in the month of September. "The median price of an existing home in California increased 17.3 percent in September and sales increased 3.9 percent compared with the same period a year ago."

A table of September 2005 and September 2004 median home prices by California County is available online here: median home prices by California County.

So where are the highest median priced homes in California, according to this recent study? Palos Verdes Estates ($1,600,000) topped the list followed by Manhattan Beach ($1,578,000), Burlingame ($1,419,000), Los Altos ($1,410,500), Newport Beach ($1,399,000), Coronado ($1,350,000), Saratoga ($1,314,000), Calabasas ($1,218,000), Carmel ($1,200,000), and Hermosa Beach ($1,200,000).

To read more: September 2005 California median home prices

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