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

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by CareyBot

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.

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