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California Home Sales Surge, Median Price Plummets

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Services for Real Estate Pros with EMAIL FOR INFO

WEDNESDAY, MARCH 25, 2009

California Home Sales Surge, Median Price Plummets

What I've been talking about in market recovery. Price=demand. See prior blogs. Sales jumped 83%. These are seeds of recovery!

“Home sales in California continue to be considerably stronger than the nationwide sales figures,”

The median price fell to $247,590 during the month, down 2.3 percent compared to January, but off a whopping 40.8 percent from $418,260 a year ago.

Full Story: California Home Sales Surge, Median Price Plummets

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