Thursday, January 22, 2009
California Home Sales
California home sales up!?
Yes, according to DataQuick, which has kept statistics since 1988. DQnews.com reports that for the month of December, 2008 "An estimated 37,836 new and resale houses and condos were sold in California last month. That was up 17.6 percent from 32,163 in November and up 47.9 percent from 25,585 for December 2007. Sales have increased on a year-over-year basis for the last six months."
However, the median price went down year-over-year from $402,000 in December, 2007 to $249,000 last month.
To read more: California home sales, December 2008