California Real Estate Market Sees Sales Fall

In this week's report, the number of homes sold in the California market dropped to 25,909 over the past 30 days, but still above the monthly average. The median sales price rose to $550,000 over the latest reporting period for California, up from $545,000. With only three months of inventory to sell, California is a seller's market, in spite of the dip in sales.

Price reductions for these listings in California make it a perfect time to take a look:

$17.2M   $12.5M   $30M  

Get started right now by checking out California homes for sale or reviewing California real estate trends.

Demographic facts for California:

  • The population density is 239.1 people per square mile.
  • The cost of living index score in this area is 135.0. (100 = national average)
  • The average work commute is 30 minutes.

Data reported through 6/14/2017

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RE/MAX Estate Properties
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