Fast Facts for the California Real Estate Market
Provided by the California Association of Realtors
Median home price - April 09: $256,700
Highest median home price by region April 09:
Santa Barbara So. Coast $840,000
Lowest median home price by region April 09:
High Desert $106,530
First-time Buyer Affordability Index – First Quarter 2009:
69 percent
Mortgage rates – week ending 6/11/09
30-yr. fixed: 5.59% Fees/points: 0.7%
15-yr. fixed: 5.06% Fees/points: 0.7%
1-yr. adjustable: 5.04% Fees/points: 0.7%
(Source: Freddie Mac)
Medians for the San Francisco-Oakland-Fremont Metropolitan Statistical Area which includes San Mateo County:
| 2006 | 2007 | 2008 r | 2008.I | 2008.II | 2008.III | 2008.IV | 2009.I | %Chya |
| 752.8 | 804.8 | 622.0 | 701.7 | 684.9 | 615.7 | 487.1 | 402.0 | -42.7% |
Median home price for San Mateo County Q1 2009: $560,000.
2008: Q1 $890,000; Q2 $860,000; Q3 $772,500; Q4 $644,444.
Popularity: unranked [?]
