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Fast Facts

Calif. median home price - July 06: $567,360 (Source: C.A.R.)

Calif. highest median home price by C.A.R. region July 06: Santa Barbara So. Coast $1,075,000 (Source: C.A.R.)

Calif. lowest median home price by C.A.R. region July 06: High Desert $333,330 (Source: C.A.R.)

Calif. First-time Buyer Affordability Index - Second Quarter 06:

23 percent (Source: C.A.R.) Mortgage rates - week ending 9/14:

30-yr. fixed: 6.43%; Fees/points: 0.5%

15-yr. fixed: 6.11%; Fees/points: 0.4%

1-yr. adjustable: 5.60%; Fees/points: 0.7%

(Source: Freddie Mac)

CAR= Cal Assoc of Realtors

[GodGunsGuts]

The median home price for all of CA seems oftly steep. That sounds more like the median price for OC or LA. I'll check into it and get back to you--GGG

[GodGunsGuts]

Well if this is correct, the median price in LA county is lower than the state median price you posted. These figures are all over the place. I guess it all depends on what is built into their figure. Perhaps they are mixing in more than just SFRs?

http://www.dqnews.com/ZIPLAT.shtm