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California Real Estate Market November 2013

By
Real Estate Agent with Home Smart Evergreen Realty Calbre Lic 01200694
Market @ A Glance
California Reporting Period Current
Period
Last
Period
Year
Ago
Change from Last Period Change from Year Ago
Existing Home Sales (SAAR)  * November-13  387,520   401,000   440,250 -3.4% -12.0%
Median Home Price  * November-13

$422,210

$427,290

$345,560

-1.2% 22.2%
Unsold Inventory Index (months)  * November-13 3.6 3.4 3.0 5.9% 20.0%
Median Time on Market (days)  * November-13 36.7 33.1 37.5 10.9% -2.1%
Traditional Housing Affordability Index (HAI)  * 2013 Q3 32% 36% 49% -4.0% -17.0%
30-year fixed-rate mortgage (FRM)  ** November-13 4.26% 4.19% 3.35% 0.07% 0.91%
SOURCES * CALIFORNIA ASSOCIATION OF REALTORS®, ** Federal Home Loan Mortgage Corp.
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

what a super market report to share with the area buyers and sellers!

Dec 23, 2013 09:50 AM