California real estate sales slip 15% in December Premium Content

Most cities, counties see year-over-year dip in median price

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Most cities and counties in California experienced a drop in median home prices in December compared to the same month in 2005, according to data on new and existing condo and single-family home sales.

Existing single-family home sales in the state fell 15.3 percent in December compared to December 2005, the California Association of Realtors reported today.

Total existing single-family home sales were down 23.6 percent for the full year in 2006 compared to the prior

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