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December 28, 2006

3

Both Home Prices & Sales Decline in Many Areas of California

by Bob Schwartz

November 2006 Regional Sales and Price Activity*
Regional and Condo Sales Data Not Seasonally Adjusted

 

Median Price

Percent Change in Price from Prior Month

Percent Change in Price from Prior Year

Percent Change in Sales from Prior Month

Percent Change in Sales from Prior Year

 

Nov-06

Oct-06

 

Nov-05

 

Oct-06

Nov-05

Statewide

 

 

 

 

 

 

 

Calif. (sf)

$555,290

0.7%

 

1.4%

 

1.7%

-22.2%

Calif. (condo)

$424,740

-0.1%

 

-2.2%

 

-1.8%

-23.1%

C.A.R. REGION

 

 

 

 

 

 

 

Central Valley

$340,370

-1.4%

 

-3.9%

 

-12.0%

-29.7%

High Desert

$332,340

1.1%

 

3.6%

 

-7.5%

-36.7%

Los Angeles

$590,790

1.3%

 

2.7%

 

2.4%

-21.6%

Monterey Region

$698,220

-0.6%

 

-3.2%

 

6.0%

-12.0%

Monterey County

$660,000

0.8%

 

-3.6%

 

-4.0%

-26.4%

Santa Cruz County

$719,000

-4.6%

 

-8.9%

 

17.9%

8.9%

Northern California

$394,150

1.7%

 

-7.7%

 

-11.7%

-8.9%

No. Wine Country

$615,150

4.6%

 

-1.0%

 

-13.5%

-23.1%

Orange County

$699,200

2.6%

 

0.5%

 

-11.3%

-16.7%

P. Spgs/Lwr Desert

$369,900

8.5%

 

-2.1%

 

-14.2%

-34.8%

Riverside/S. Bern.

$401,460

-1.6%

 

4.0%

 

9.9%

-45.9%

Sacramento

$365,000

-0.6%

 

-3.9%

 

-10.0%

-24.5%

San Diego

$578,120

0.6%

-6.3%

-9.8%

-20.2%

San Francisco Bay

$738,900

0.5%

 

2.2%

 

-10.9%

-18.3%

San Luis Obispo

$532,900

-5.0%

 

-11.9%

 

17.2%

-21.9%

Sta. Barbara County

$497,780

-40.4%

 

-23.4%

 

2.8%

0.0%

Sta. Barb. S. Coast

$1,083,000

-2.9%

 

-1.1%

 

-38.5%

-12.5%

N. Sta. Barb. County

$435,560

-1.6%

 

-6.3%

 

63.6%

8.4%

Santa Clara

$775,000

0.0%

 

4.0%

 

-2.5%

-20.2%

Ventura

$663,760

-1.1%

 

-2.0%

 

0.9%

-16.3%

na – not available

*Based on closed escrow sales of single‑family, detached homes only (no condos).  Reported month‑to‑month changes in sales activity may overstate actual changes because of the small size of individual regional samples. Movements in sales prices should not be interpreted as measuring changes in the cost of a standard home.  Prices are influenced by changes in cost and changes in the characteristics and size of homes actually sold.

sf = single‑family, detached home
Source:  CALIFORNIA ASSOCIATION OF REALTORS®              San Diego mls listings

 [tags] real estate, housing, housing market, San Diego real estate, real estate bubble, California real estate, San Diego home values[/tags]

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3 Comments
  1. Good solid San Diego home value facts. I visit your blog several times per week!

  2. Mar 10 2008

    These tables that you have on your blog are so great. It’s great to see the major decreases that have been occurring throughout California.
    Russel
    San Diego County Lawyers

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