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Archive: May 2021

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California median home price breaks $800,000 in April with home sales remaining robust as spring home-buying season kicks off, C.A.R. reports

Heated market conditions and a shortage of homes for sale continued to put upward pressure on home prices in California, driving the state's median price above the $800,000 benchmark for the first time ever in April, as home sales soared from last year's pandemic-level lows, the CALIFORNIA ASSOCIATION OF REALTORSģ (C.A.R.) said today. Read all of California median home price breaks $800,000 in April with home sales remaining robust as spring home-buying season kicks off, C.A.R. reports