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California’s Existing Home Sales Increased 100.8%

From the California Association of Realtors, February 27, 2009
2/27/2009

Quick Facts:

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.


Print Date: 2/21/2020
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