California Home Median Price Skyrockets

The median price of a California home is nearing 1/2 million dollars.
July 7, 2004, 12pm PDT | Abhijeet Chavan | @legalaidtech
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"The median price of a California home soared 26.5 percent in May to a record $465,160 -- the biggest leap ever -- as sales jumped 10.5 percent. The median price for a California Home has sky-rocketed to almost 1/2 million dollars, $465,160. Although interest rates may be inching up sales remain strong and predications are for a minimal impact and slower median increases."

Thanks to Fernando M. Coriano

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Published on Tuesday, July 6, 2004 in Builder Magazine
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