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CA Home Resales and Sold Prices Up in May 2009 ~ News

It's good news that CA homes median sold prices were up in May 2009, as compared to April and March 2009.

Sold prices are still down May 2009, as compared to same time last year, May 2008. This is because of buyer market rush to pick up the REO bank owned and distressed homes at lower price level.

Realtors report 10% jump in O.C. house prices (click here) ~ OCRegister.com, June 26, 2009. This is report that home sale prices were up form the month of May as compared to April, 2009.

CA Home Sale Prices Climb 3rd Consecutive Month (click here) ~ WSJournal.com, June 26, 2009

CA Homes Sales are Up ~ June 26, 2009. This is report that home sales were up in May, that sold prices in CA were up May over April, but still down May 2009 as compared to May 2008.

Home Prices Continue to Climb in San Gabriel Valley ~ SanGabrielValleyTribune.com, June 26, 2009. This is local report about San Gabriel Valley and 7 communities.

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Harrison K. Long, Explore Group Properties, Coldwell Banker Previews, Irvine, CA.

www.BuyersExploreHomes.com ~ www.ExploreTheOC.com

Posted by Harrison K. Long, REALTOR, Broker, expert negotiator on 06/26/2009 12:05 PM

Comments (4)

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good news, home sales prices, california, home affordability, positive news, home buying

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4 Comments on CA Home Resales and Sold Prices Up in May 2009 ~ News

JUN

Harrison - it is good news that median sold prices were up in May 2009. Always nice to pass on positive news.

Great to see you yesterday at REBar Camp. Have a great weekend.

Hello Harrison, it's crazy busy up here in the east bay area. We are seeing mutliple offers and well-priced homes selling above asking price.

Sharon ... Thanks as always for the comment and support here about good news that CA home sold prices are up. Best to you.

Vickie .. Thanks for the comment. Good that your East Bay local situation is busy with multiple offers on well-priced homes. We are seeing more of that here in Orange County and not enough REOs now on the market.

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