September 2014 California Home Sales Report

Happy Halloween everyone!!!

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Calif. median home price: September 2014:

California: $460,940

Calif. highest median home price by region/county September2014:

Marin, $1.15 million

Calif. lowest median home price by region/county September 2014:

Glenn, $147,500

Calif. Pending Home Sales Index:

September 2014: Increased 2.6 percent from 99.78 in August to 102.4 in August.

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

Mortgage rates: Week ending 10/23/2014 (Source: Freddie Mac)

30-yr. fixed: 3.92 % fees/points: 0.5%

15-yr. fixed: 3.08% fees/points: 0.5%

1-yr. adjustable: 2.41% Fees/points: 0.4%

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