The median price of a home in California rose two consecutive months for the first time in nearly two years, beckoning calls for a bottom in home prices. The statewide median price of an existing detached home rose from $253,040 in March to $256,700 in April. The 1.4 percent monthly gain was the second in a row after a 2.2 percent gain in March. Despite month-to-month gains, the median price continued its string of year-to-year decreases, declining 36.5 percent from the April 2008 median of $404,470.
Published by Jackie Gibbins
I live and work in Mission Viejo as a Real Estate Agent. Born in Santa Monica, CA and grew up in Westminster and Huntington Beach. Middle child of five and mother to two awesome sons, now grown. An artist, nature lover, observer, geek and people person, I love the area, love what I do and enjoy sharing any info and insights so others can find their dream as well. View all posts by Jackie Gibbins