The latest One Cool Thing about home sales and prices for April 2020.
The Lawhead Team would like to share the latest One Cool thing about home sales and prices in California for April of 2020 compared with April of last year.
Closed sales saw the biggest drop since the last recession at 30.1%.
Single family home sales were at $277,440 which is down 30.1% year to year.
In April 2020 the median home price was at $606,410 which is a .6% increase from year to year.
Unsold inventory index is an average of 3.4 months.
The plunge in pending sales at -43% from last year suggests a further decline in closed sales in May.