Median Home Prices - July 2008

September 16, 2008

Calif. median home price - July 08: $350.760
Calif. highest median home price by C.A.R. region July 08: Santa Barbara So. Coast $940,000
Calif. lowest median home price by C.A.R. region July 08: High Desert $177,330
Calif. First-time Buyer Affordability Index - Second Quarter 08: 48 percent
(Source: C.A.R.)
Mortgage rates - week ending 08/21/08 30-yr. fixed: 6.47% Fees/points: 0.7% 15-yr. fixed: 6% Fees/points: 0.7% 1-yr. adjustable: 5.29 % Fees/points: 0.5%
(Source: Freddie Mac)

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