Nevada City Virtual Tour

Tuesday, January 14, 2014

Fast Facts about California Housing Market

Fast Facts
Calif. median home price:November 2013:
  • California: $422,210
  • Calif. highest median home price by region/county November 2013: Marin, $942,070
  • Calif. lowest median home price by region/county November 2013: Del Norte, $135,000
 
Calif. Pending Home Sales Index:
November 2013: Decreased 13.6 percent from 108.6 in October to 93.8 in November.

Calif. Traditional Housing Affordability Index: Third Quarter 2013: 32 percent (Source: C.A.R.)

Mortgage rates: Week ending 1/2/2014 (Source: Freddie Mac)
  • 30-yr. fixed: 4.53% fees/points: 0.8%
  • 15-yr. fixed: 3.55% fees/points: 0.7%
  • 1-yr. adjustable: 2.56% Fees/points: 0.5%

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