Industry NewsMarkets & Economy

Agents sell more higher-priced homes in California

Foreclosures make up smaller share of sales in Bay Area, SoCal
Published on May 28, 2010

Real estate professionals in California sold slightly fewer homes in April than they did a year ago, according to a report by real estate data company MDA DataQuick. Sales of both new and resale houses and condominiums were down 1.3 percent year-over-year, to an estimated 37,481 units. That a 0.5 percent increase from March, however. The median price for a home in the Golden State stayed flat month-to-month at $255,000, but was a 15.4 percent increase from April 2009.     See related articles: Surviving and thriving in job loss environments Dropoff in California foreclosures     ...