According to the California Association of Realtors, September’s seasonally adjusted annualized rate of closed sales is 425,030 existing, single-family detached homes.
- Properties are selling below list price, except in the San Francisco Bay Area.
- Sales remained vigorous in September, with more than 400,00 properties changing hands.
- The median price of an existing, single-family detached California home decreased 2.3 percent in September.
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