Thursday, November 29, 2007

California Existing Home Sales for October

The California Association of Realtors® (CAR) reports that "Home sales decreased 40.2 percent in October in California compared with the same period a year ago, while the median price of an existing home fell 9.9 percent".

As for prices, "The median price of an existing, single-family detached home in California during October 2007 was $497,110, a 9.9 percent decrease from the revised $552,020 median for October 2006, C.A.R. reported. The October 2007 median price fell 6.4 percent compared with September’s $530,830 median price."

To read more: California Association of Realtors

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