Sunday, December 21, 2008

November California Median Home Prices & Sales Numbers

This is a table showing the number of sales, percent change, median sales price and percent change in the median sales prices for select California counties.

The number of sales are up considerably now that prices have fallen in some counties to prices that are more "affordable."

The median home price in Contra Costa county was down the most at 49.9% over November 2007.

This table shows condos plus single family detached homes:

County Units Sold Percent Change Median Pridce Percent Change
San Francisco 340 -29 $648,000 -20.5
Marin 155 -24.8 $625,000 -28.2
San Mateo 398 -21 $580,000 -25.6
Santa Clara 1120 -15 $450,000 -33.6
Napa 93 14.8 $406,500 -27.7
Orange 2177 38.9 $400,000 -31.4
Alameda 1182 20 $356,500 -36.9
Ventura 729 41.3 $355,000 -31.9
Los Angeles 5037 12.7 $340,000 -31.9
Sonoma 449 23.7 $310,000 -34.0
San Diego 2673 11.4 $305,000 -30.7
Contra Costa 1423 61.9 $265,000 -49.9
Solano 596 90.4 $234,000 -37.6
Riverside 719 48.6 $220,000 -38.3
San Bernardino 2385 38.7 $185,250 -43.9

Source: MDA DataQuick

This table from the San Jose Mercury News shows single family homes unless otherwise noted.

County
or area
Number soldChg. from Nov. 2007Median priceChg. from Nov. 2007
Alameda85234.0%$360,000-40.1%
Contra Costa1,111124.0%$260,000-49.0%
Marin104-35.0%$790,000-19.0%
Napa689.7%$390,000-29.4%
San Francisco177-26.3%$697,500-18.5%
San Mateo332-15.5%$605,000-26.2%
Santa Clara738-1.6%$483,000-39.5%
Santa Cruzn/an/an/an/a
Solano498127.4%$235,000-34.7%
Sonoma36339.1%$318,750-35.2%
Bay Area4,24331.9%$350,000-47.8%
Santa Clara condos226-17.8%$287,500-45.7%
Bay Area condos900-0.9%$267,250-46.1%
Santa Clara all1,120-15.0%$450,000-33.6%
Bay Area all5,75612.3%$350,000-44.4%

The Santa Cruz data was not available.

The typical single-family home in Santa Clara county, the Silicon Valley, sold for $483,000 in November, down a record 39.5 percent from November 2007. The San Jose Mercury news says the last time the median price of a Santa Clara county home was below the half-million-dollar mark was in March 2003, when prices hit $480,000.

This table came to me via email.

Change in Median Home Prices for All Recorded Sales (New, Resale, Condos, SFH) as per DataQuick, November 2008:

County/City/Area

From PK

YoY

Median

-44%

-33%




Alameda County

-43%

-37%

BAKERSFIELD

-50%

-40%

CHATSWORTH

-36%

-21%

Contra Costa County

-57%

-50%

CUPERTINO

-38%

-33%

DAVIS

-28%

-13%

El Dorado County

-50%

-21%

FAIRFIELD

-53%

-31%

FRESNO

-45%

-33%

Fresno County

-42%

-28%

GILROY

-47%

-38%

HUNTINGTON BEACH

-27%

-22%

Kern County

-47%

-37%

LANCASTER

-59%

-45%

Los Angeles County

-39%

-32%

Madera County

-51%

-36%

Marin County

-35%

-29%

Merced County

-67%

-53%

MERCED

-69%

-51%

Monterey County

-58%

-50%

MORGAN HILL

-57%

-52%

Napa County

-40%

-28%

Nevada County

-31%

-22%

NORTHRIDGE

-30%

-15%

Orange County

-38%

-33%

PALM DESERT

-24%

-18%

PALM SPRINGS

-42%

-32%

PALMDALE

-56%

-43%

PASADENA

-32%

-24%

Placer County

-36%

-15%

Riverside County

-49%

-39%

ROSAMOND

-54%

-40%

SACRAMENTO

-59%

-46%

Sacramento County

-53%

-36%

San Benito County

-56%

-34%

San Bernardino County

-51%

-44%

San Diego County

-42%

-31%

San Francisco County

-22%

-20%

San Joaquin County

-61%

-48%

SAN JOSE

-40%

-38%

San Luis Obispo County

-28%

-10%

San Mateo County

-28%

-25%

SANTA BARBARA

-31%

-19%

Santa Barbara County

-58%

-45%

Santa Clara County

-38%

-37%

Santa Cruz County

-47%

-43%

SANTA MARIA

-54%

-34%

SHERMAN OAKS

-39%

-14%

SIMI VALLEY

-40%

-27%

Solano County

-52%

-37%

Sonoma County

-47%

-33%

Stanislaus County

-59%

-44%

STOCKTON

-67%

-53%

STUDIO CITY

-34%

-10%

TEHACHAPI

-41%

-20%

Tulare County

-35%

-24%

VACAVILLE

-44%

-28%

VAN NUYS

-36%

-25%

Ventura County

-44%

-33%

WATSONVILLE

-54%

-42%

Yolo County

-49%

-28%



=>Libor Rates at a Glance

=>US Treasury Rates at a Glance

=>Tax Breaks and Tax Credits For Homeowners


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