In California, home prices holding on (for now)

In November, median prices were down from a year before in 33 of them, up in 16 and effectively unchanged in one. • California home-buyers paid, on average, 96.7 percent of listing price for homes that went to closing in November 2022, down from 101.4 percent a year before. • The average length of time between listing and a ratified sales contract was 24 days for homes that went to closing in November, compared to 11 days a year ago.

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