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UPDATED: California Home Prices Rise In December, Sales Sag

SAN DIEGO (AP) — California home prices rose in December while tight inventories kept a lid on sales, a research firm reported Wednesday.

The median sales price for new and existing houses and condominiums was $365,000 last month, up 1.4 percent from $360,000 in November and up 22.1 percent from $299,000 a year ago, San Diego-based DataQuick said. 273 more words

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California Home Prices Up 26 Percent In May, Reach 5-Year High

SAN FRANCISCO (CBS/AP) — California home prices surged to their highest level in more than five years last month as demand outpaced a thin supply of properties, a research firm reported Thursday. 564 more words

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Beyond The Headlines | REAL ESTATE NEWS

World Property Channel

California home prices hit highest level in five years

Driven by strong sales in high-end coastal areas and shrinking inventory, California’s median home price hit its highest level in March since May 2008, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). 655 more words

Real Estate News

California Home Prices, A History

Over the past 42 years, home prices have risen in California almost every year, and they’re back on the rise. History shows that homeownership in California is a solid long-term investment.

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Pacific Coast Group 916-787-1200

When you’re looking for a partner to help you negotiate the complexities of selling a home, you’ve come to the right place. 211 more words