Fast Facts:

Calif. median home price: August 2014:

California: $480,280

Calif. highest median home price by region/county August 2014: San Mateo, $1 million

Calif. lowest median home price by region/county August 2014: 
Siskiyou County, $127,500

Calif. Pending Home Sales Index:

August 2014: Decreased 4.5 percent from 104.5 in July to 99.78 in August.

Calif. Traditional Housing Affordability Index: Second Quarter 2014: 30 percent (Source: C.A.R.)

Mortgage rates: Week ending 9/18/2014 (Source: Freddie Mac)

30-yr. fixed: 4.23% fees/points: 0.5%

15-yr. fixed: 3.37% fees/points: 0.5%

1-yr. adjustable: 2.43% Fees/points: 0.4%