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California existing home sales temper in August

Location
San Francisco, Los Angeles, San Diego
Publish Date
2021/09/22

Existing, single-family home sales totaled 414,860 in August at a seasonally adjusted annualized rate, ↓ 3.3% MoM and ↓ 10.9% YoY. August's statewide median home price was $827,940, ↑ 2.1% MoM and ↑ 17.1% YoY, while year-to-date statewide home sales ↑ 21.3%. August's sales pace ↓ 3.3% MoM from 428,980 and ↓ 10.9% YoY from 465,400 homes. The number of for-sale properties ↓ 2.6% MoM and ↓10.9% YoY, while new active listings also ↓ YoY for the second straight month. The median number of days it took to sell a CA single-family home ↑ MoM from 8 days to 9 days in August and was ↓ YoY from 13 days.

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Central Coast, California, Sacramento