1. Existing, single-family home sales increased 100.8 percent in January to a seasonally adjusted rate of 624,940 on an annualized basis.
2. The statewide median price of an existing single-family home decreased 40.5 percent in January to $254,350.
3. C.A.R.’s Unsold Inventory Index was 6.7 months in January, compared with 16.6 months in January 2008.
4. The median number of days it took to sell a single-family home was 49.9 days in January 2009, compared with 70.8 days in January 2008.
C.A.R. reports sales increased 100.8 percent; median home price declined 40.5 percent in January.
Click Here to read the whole report.