Real Property Report – California, November 2014

Normal Seasonal Forces Slow California Real Estate Sales November Sales Tumble 17.6 Percent Month-over-Month Median Prices Flat   As is typical during the late fall and winter season, real estate sales declined in November. California single-family home and condominium sales fell 17.6 percent to 27,649 units from 33,561 in October. Year-over-year, sales were down 8.4 […]

Real Property Report – California, October 2014

October Sales Up 4.4 Percent Month-over-Month Median Prices Flat        October 2014 California single-family home and condominium sales increased 4.4 percent to 33,376 units from 31,985 in September. Year-over-year, sales were down 5.3 percent from 35,256 sales in October 2013. On a regional basis, for the month, sales were up 2.0 percent in […]

Real Property Report – California, September 2014

California Real Estate Market Stuck in Low Gear September Sales Limited by High Prices and  Relatively Tough Lending Standards         September 2014 California single-family home and condominium sales fell 5.6 percent to 32,017 units from 33,931 in August. In the past 12 months, sales are down 4.4 percent from 33,484 sales in September […]

Real Property Report – California, August 2014

Bloom Off the California Real Estate Rose August 2014 Sales Down 13.5 Percent from August 2013 Median Prices Fall in Half of California’s Largest 26 Counties   In August 2014, 34,269 California single-family homes and condominiums were sold, down 4.2 percent from July’s total of 35,787 and a decline of 13.5 percent from 39,614 sales in […]

Real Property Report – California, July 2014

Median Prices Fall in 13 of California’s Largest 26 Counties Year-to-Date Sales Lowest Since 2008   California single-family home and condominium sales gained 3.9 percent in July 2014 but were down 9.2 percent from July 2013. Year-to-date sales for the first seven months of the year are the lowest since 2008. The overall decline in […]

Real Property Report – California, June 2014

  Double-Digit Monthly Gains in Median Home Prices Likely a Thing of the Past June Sales Volume Lowest Since 2008   California single-family home and condominium sales gained 0.6 percent in June 2014 but were down 12.6 percent from June 2013. Year-to-date sales for the first six months of the year are the lowest since […]

Real Property Report – California, May 2014

  California Year-to-Date Sales Lowest  Since 2007 Median Prices Hit Six-Year High         California single-family home and condominium sales gained 3.5 percent in May 2014 but were down 11.1 percent from May 2013. Year-to-date sales are the lowest since 2007. For the month, non-distressed property sales activity increased 5.0 percent while sales of distressed […]

Real Property Report – California, April 2014

  April Home Sales Gain 20 Percent For the Month BUT Year-to-Date Sales Lowest Since 2008      California single-family home and condominium sales in April 2014 were up 20.0 percent for the month but were down 13.3 percent from April 2013. Despite April gains, year-to-date sales volume was at its lowest level since 2008. […]

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 […]