Wednesday, February 27, 2013

Market at a Glance January 2013

Market @ A Glance
CaliforniaReporting PeriodCurrent
Period
Last
Period
Year
Ago
Change from Last PeriodChange from Year Ago
Existing Home Sales (SAAR)  *January-13 491,720  523,090  511,760-6.0%-3.9%
Median Home Price  *January-13$337,040$366,930$271,490-8.1%24.1%
Unsold Inventory Index (months)  *January-133.52.65.834.6%-39.7%
Median Time on Market (days)  *January-1336.638.159.6-3.9%-38.6%
Traditional Housing Affordability Index (HAI)  *2012 Q349%51%51%-2.0%-2.0%
30-year fixed-rate mortgage (FRM)  **January-133.41%3.35%3.92%0.06%-0.51%
SOURCES * CALIFORNIA ASSOCIATION OF REALTORS®, ** Federal Home Loan Mortgage Corp.

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