Under A Minute Facts
Thursday, October 22, 2009 | Add a comment
Calif. median home price – August 09: $292,960 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region August 09: Santa Barbara So. Coast $828,750 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region August 09: High Desert $111,770 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index – Second Quarter 2009: 67 percent (Source: C.A.R.)
Mortgage rates – week ending 10/15/09 30-yr. fixed: 4.92% Fees/points: 0.7% 15-yr. fixed: 4.37% Fees/points: 0.7% 1-yr. adjustable: 4.60% Fees/points: 0.5% (Source: Freddie Mac)
Local Median Home Prices….
County/City/Area August 2009 August 2008 % Change
| Santa Clara County |
$ 450,000.00 |
$ 570,000.00 |
-21.1% |
| Campbell |
$ 615,000.00 |
$ 652,000.00 |
-5.7% |
| Cupertino |
$ 870,000.00 |
$1,153,000.00 |
-24.5% |
| Gilroy |
$ 375,000.00 |
$ 415,000.00 |
-9.6% |
| Los Gatos |
$ 900,000.00 |
$1,250,000.00 |
-28.0% |
| Milpitas |
$ 410,000.00 |
$ 565,000.00 |
-27.4% |
| Morgan Hill |
$ 517,500.00 |
$ 641,000.00 |
-19.3% |
| Mountain View |
$ 732,500.00 |
$ 810,000.00 |
-9.6% |
| San Jose |
$ 382,500.00 |
$ 500,000.00 |
-23.5% |
| Santa Clara |
$ 525,000.00 |
$ 592,500.00 |
-11.4% |
| Sara toga |
$ 1,337,000.00 |
$1,325,000.00 |
0.9% |
| Sunnyvale |
$ 527,000.00 |
$ 650,000.00 |
-18.9% |
Source:CAR
