Real Property Report – California, March 2014

  California Home Sales Jump 21 Percent in March while Median Home Prices Gain 4.6 Percent to Highest Level in Six Years        California single-family home and condominium sales were up 20.9 percent in March 2014 from February but were down 13.3 percent from March 2013.  Both distressed and non-distressed property sales posted […]

Real Property Report – California, February 2014

  Sales Retreat in February while Median Prices Edge Higher         California single-family home and condominium sales fell 1.4 percent in February 2014 from January and declined 16.1 percent from February 2013.  Last month marked the lowest February sales since 2008. “Rapid price increases and rising interest rates in concert with sluggish income […]

Real Property Report – California, January 2014

Market Activity California single-family home and condominium sales fell 18.7 percent in January 2014 from December 2013, and were down 11.8 percent from a year ago. Taking a longer-term view, in the past 12 months (February 2013 through January 2014), sales are down 6.5 percent compared with the same 12-month period (February 2012 through January […]

Real Property Report – California, December 2013

Market Activity California single-family home and condominium sales gained 1.4 percent in December from November, and were down 18.4 percent from a year ago. To get a clearer picture of current real estate sales trends and to eliminate seasonal factors, we compare December 2013 property sales to December sales in prior years. Dividing sales into […]

Real Property Report – California, November 2013

Market Activity California single-family home and condominium sales fell 11.5 percent in November from October, and were down 14.3 percent from a year ago. To get a clearer picture of current real estate sales trends and to eliminate seasonal factors, we compare November 2013 property sales to November sales in prior years. Dividing sales into […]

Real Property Report – California, October 2013

Market Activity California single-family home and condominium sales increased 2.6 percent in October from September, but fell 10.9 percent from a year ago.  To get a clearer picture of current real estate sales trends and to eliminate seasonal factors, we compare October 2013 property sales to October sales in prior years. Last month’s sales were […]

Real Property Report – California, September 2013

Market Activity California single-family home and condominium sales fell 16.8 percent in September from August, but were nearly unchanged from a year ago. An 18.7 percent monthly drop in distressed property sales drove the decline in September sales.  Bear in mind that September’s double-digit drop in sales is not unusual for this time of year […]

Real Property Report — California, August 2013

Market Activity August 2013 California single-family residences (SFR) and condominium (CND) sales (distressed and non-distressed) fell 1.8 percent from July but gained 1.5 percent in the past 12 months (y-o-y). A 7.3 percent monthly drop in sales of distressed properties drove the decline in August sales.   To get a clearer picture of current real […]

Real Property Report – California, July 2013

Market Activity July 2013 California single-family home (SFR) and condominium (CND) sales (distressed and non-distressed) gained 12.1 percent from June and rose 12.9 percent in the past 12 months (y-o-y). A sharp increase in sales of non-distressed properties drove the jump in July sales.   To get a clearer picture of current real estate sales […]

California Property Report – June 2013

Market Activity June 2013 California single-family home and condominium sales (aggregate sales) fell 2.3 percent from May, and 5.9 percent in the past 12 months (y-o-y). We define aggregate sales as the sum of distressed plus non-distressed property sales. Driving the decline in aggregate sales was the sharp change in the mix of distressed and […]