Home sales have dropped four consecutive months and the median price fell below $800,000 for the first time in seven months.
Tag: California home sales
Plus, the Great Escape slows, prices for new homes out of reach for many in Sacramento, and four cities that make the Livability.com grade.
‘We’re seeing many would-be buyers taking a break’ May home sales dipped 2.7% compared to April — but were up 87% from a year ago, though the figure is greatly skewed by the Covid-prompted lockdown that halted most sales in May 2020, according to the California Association of Realtors. Month-to-month home sales have dropped four […]
All seven regions posted record prices and reported at least a 38% increase in sales.
California home prices increased by 20% for the second consecutive month in February, despite higher mortgage rates and fewer listings.