Fast Facts on California Housing Market

Calif. median home price: March 2013: $378,960 (Source: C.A.R.)
Calif. highest median home price by region/county March 2013: Marin, $888,890 (Source: C.A.R.)
Calif. lowest median home price by region/county March 2013: Siskiyou County, $123,330 (Source: C.A.R.)

Calif. Pending Home Sales Index: March 2013: 110.2 , up 8.7 percent from January’s 101.4. 
 
Calif. Traditional Housing Affordability Index: First Quarter 2013: 44 percent (Source: C.A.R.)

Mortgage rates: Week ending 5/23/2013 (Source: Freddie Mac)

  • 30-yr. fixed: 3.59% fees/points: 0.7%
  • 15-yr. fixed: 2.77% fees/points: 0.7%

1-yr. adjustable: 2.55% Fees/points: 0.4%

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