Fast Real Estate Facts | Blog

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Fast Facts

Calif. median home price: May 2014:

  • California: $465,960
  • Calif. highest median home price by region/county May 2014: San Mateo, $1.13 million
  • Calif. lowest median home price by region/county May 2014: Glenn, $152,500

Calif. Pending Home Sales Index:
May 2014: Decreased 3.4 percent from 114.1 in April to 110.1 in May.
 
Calif. Traditional Housing Affordability Index: First Quarter 2014: 33 percent (Source: C.A.R.)

Mortgage rates: Week ending 6/26/2014 (Source: Freddie Mac)

  • 30-yr. fixed: 4.14% fees/points: 0.5%
  • 15-yr. fixed: 3.22% fees/points: 0.5%
  • 1-yr. adjustable: 2.40% Fees/points: 0.4%

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