California home sales stumble into spring home buying season as median price sets another record
- Existing, single-family home sales totaled 396,760 in April on a seasonally adjusted annualized rate, down 0.1 percent from March and down 4.8 percent from April 2018.
- April’s statewide median home price was $602,920, up 6.5 percent from March and up 3.2 percent from April 2018.
- Sales of condominiums/townhomes were down 3.8 percent from a year ago in April, while the median price was $470,000.
- Year-to-date sales were down 7.3 percent in April.