December 2014 California Sales Report

California: $452,570
Calif. highest median home price by region/county December 2014: Marin, $990,130 million
Calif. lowest median home price by region/county December 2014: Glenn, $176,670
Calif. Pending Home Sales Index:
November 2014: Decreased 13.4 percent from 104.8 in October to 90.7 in November.

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

Mortgage rates: Week ending 1/15/2014 (Source: Freddie Mac)
• 30-yr. fixed: 3.66% fees/points: 0.6%
• 15-yr. fixed: 2.98% fees/points: 0.5%
• 1-yr. adjustable: 2.37% Fees/points: 0.4%

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