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Copyright 2013 CALIFORNIA ASSOCIATION OF REALTORS.

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Table of Contents
California and U.S. Existing Single-Family Home
Annual Median Sales Price and Annual Sales Activity 1968 - 2012

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity 1979 - 2012

California Existing Condominium


Annual Median Price and % Change in Sales 1980 - 2012

14

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity 1981 - 2012

15

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

23

California Regions, Existing Single-Family Home


Annual Housing Affordability Index 1984 - 2012

36

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index 1988 - 2012

39

California Counties, Existing Single-Family Home


Quarterly and Annual Housing Affordability Index 2010 - 2012

45

California Regions, Existing Single-Family Home


Annual First-Time Buyer Housing Affordability Index 2000 - 2012

48

California and U.S. Existing Single-Family Home


Quarterly First-Time Buyer Housing Affordability Index 2000 - 2012

50

California Counties, Existing Single-Family Home


Quarterly and Annual First-Time Buyer Housing Affordability Index 2010 - 2012

51

California Existing Single-Family Home


Monthly Pending Sales Activity 2008 - 2012

54

U.S. and West Region Existing Single-Family Home


Monthly Pending Sales Activity 2008 - 2012

56

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Equity Sales 2009 - 2012

57

CALIFORNIA ASSOCIATION OF REALTORS

May 2013

Table of Contents

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of REO Sales 2009 - 2012

61

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Short Sales 2009 - 2012

65

California Existing Single-Family Home


Annual Unsold Inventory Index (In Months) and Median Time on Market
(In Days) 1982 - 2012

69

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time on Market
(In Days) 1982 - 2012

70

California Counties Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) 2008 - 2012

78

California Counties Existing Single-Family Home


Monthly Median Time on Market (In Days) 2008 - 2012

82

National Average Commitment Rates


On Conventional Home Mortgages 1973 - 2012

85

Combined Conventional Single-Family Mortgages


Annual National Averages, Previously Occupied Homes 1973 - 2012

86

California Existing Single-Family Home Market


Market Share of Sample Sales 1982 - 2012

87

Assumptions and Methodology Used to Calculate C.A.R's


Traditional Housing Affordability Index and First-Time Buyer Housing
Affordability Index

88

Source of C.A.R. Data

89

CALIFORNIA ASSOCIATION OF REALTORS

May 2013

California and U.S. Existing Single-Family Home


Annual Median Sales Price and Annual Sales Activity 1968 - 2012

Median Sales Price

Annual Sales Activity

Year

CALIFORNIA1
Year-to-Year
% Change
Median

1968

$23,210

NA

$20,100

NA

1969

$24,230

4.4%

$21,800

8.5%

N/A

NA

1,594,000

NA

1970

$24,640

1.7%

$23,000

5.5%

216,054

NA

1,612,000

1.1%

1971

$26,880

9.1%

$24,800

7.8%

293,361

35.8%

2,018,000

25.2%

1972

$28,810

7.2%

$26,700

7.7%

346,046

18.0%

2,252,000

11.6%

1973

$31,460

9.2%

$28,900

8.2%

329,461

-4.8%

2,334,000

3.6%

1974

$34,610

10.0%

$32,000

10.7%

326,389

-0.9%

2,272,000

-2.7%

1975

$41,600

20.2%

$35,300

10.3%

369,678

13.3%

2,476,000

9.0%

1976

$48,630

16.9%

$38,100

7.9%

454,688

23.0%

3,064,000

23.7%

1977

$62,290

28.1%

$42,900

12.6%

466,187

2.5%

3,650,000

19.1%

1978

$70,890

13.8%

$48,700

13.5%

491,974

5.5%

3,986,000

9.2%

1979

$84,150

18.7%

$55,700

14.4%

477,526

-2.9%

3,827,000

-4.0%

1980

$99,550

18.3%

$62,200

11.7%

377,664

-20.9%

2,973,000

-22.3%

1981

$107,710

8.2%

$66,400

6.8%

271,244

-28.2%

2,419,000

-18.6%

1982

$111,800

3.8%

$67,800

2.1%

189,345

-30.2%

1,990,000

-17.7%

1983

$114,370

2.3%

$70,300

3.7%

278,007

46.8%

2,697,000

35.5%

1984

$114,260

-0.1%

$72,400

3.0%

309,020

11.2%

2,829,000

4.9%

1985

$119,860

4.9%

$75,500

4.3%

328,274

6.2%

3,134,000

10.8%

1986

$133,640

11.5%

$80,300

6.4%

393,983

20.0%

3,474,000

10.8%

1987

$142,060

6.3%

$85,600

6.6%

413,545

5.0%

3,436,000

-1.1%

1988

$168,200

18.4%

$89,300

4.3%

454,814

10.0%

3,513,000

2.2%

1989

$196,120

16.6%

$94,600

5.9%

435,521

-4.2%

3,010,000

-14.3%

1990

$193,770

-1.2%

$97,300

2.9%

319,060

-26.7%

2,914,000

-3.2%

1991

$200,660

3.6%

$102,700

5.5%

300,020

-6.0%

2,885,000

-1.0%

1992

$197,030

-1.8%

$105,500

2.7%

304,810

1.6%

3,150,000

9.2%

1993

$188,240

-4.5%

$109,100

3.4%

311,080

2.1%

3,427,000

8.8%

1994

$185,010

-1.7%

$113,500

4.0%

350,360

12.6%

3,544,000

3.4%

1995

$178,160

-3.7%

$117,000

3.1%

307,440

-12.3%

3,519,000

-0.7%

1996

$177,270

-0.5%

$122,600

4.8%

344,830

12.2%

3,797,000

7.9%

1997

$186,490

5.2%

$129,000

5.2%

379,070

9.9%

3,964,000

4.4%

1998

$200,100

7.3%

$136,000

5.4%

432,650

14.1%

4,495,000

13.4%

1999

$217,510

8.7%

$141,200

3.8%

464,050

7.3%

4,651,000

3.5%

CALIFORNIA ASSOCIATION OF REALTORS

2
UNITED STATES
Year-toYear
Median % Change

1
CALIFORNIA
Year-toYear
% Change
Sales*

N/A

NA

2
UNITED STATES
Year-toYear
% Change
Sales*

1,569,000

NA

May 2013

California and U.S. Existing Single-Family Home


Annual Median Sales Price and Annual Sales Activity 1968 - 2012

Median Sales Price

Year

CALIFORNIA1
Year-to-Year
% Change
Median

2000

$241,350

2001
2002

Annual Sales Activity

2
UNITED STATES
Year-toYear
Median % Change

1
CALIFORNIA
Year-toYear
% Change
Sales*

11.0%

$147,300

4.3%

470,730

$262,350

8.7%

$156,600

6.3%

$316,130

20.5%

$167,600

7.0%

2003

$371,520

17.5%

$180,200

2004

$450,770

21.3%

$195,200

2005

$522,670

16.0%

$219,000

2006

$556,430

6.5%

2007

$560,270

0.7%

2008

$348,490

-37.8%

2009

$274,960

-21.1%

2010

$305,010

10.9%

2011

$286,040

-6.2%

2012

$319,340

11.6%

2
UNITED STATES
Year-toYear
% Change
Sales*

1.4%

4,604,000

-1.0%

448,560

-4.7%

4,733,000

2.8%

511,740

14.1%

4,974,000

5.1%

7.5%

550,550

7.6%

5,443,000

9.4%

8.3%

571,440

3.8%

5,959,000

9.5%

12.2%

576,240

0.03%

6,180,000

3.7%

$221,900

1.3%

438,970

-23.8%

5,677,000

-8.1%

$217,900

-1.8%

292,420

-33.4%

4,420,000

-22.1%

$196,600

-9.8%

381,420

30.4%

3,660,000

-17.2%

$172,100

-12.5%

474,860

24.5%

3,870,000

5.7%

$173,100

0.6%

416,520

-12.3%

3,708,000

-4.2%

$166,200

-4.0%

422,550

1.4%

3,787,000

2.1%

$177,200

6.6%

440,690

4.3%

4,128,000

9.0%

Source: CALIFORNIA ASSOCIATION OF REALTORS - Revised to reflect 1996 sample expansion


Source: National Association of REALTORS
*The annualized sales figures are adjusted to account for seasonal factors.

CALIFORNIA ASSOCIATION OF REALTORS

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

1979

1980

1981

1982

Month
Jan 1979
Feb 1979
Mar 1979
Apr 1979
May 1979
Jun 1979
Jul 1979
Aug 1979
Sep 1979
Oct 1979
Nov 1979
Dec 1979
Jan 1980
Feb 1980
Mar 1980
Apr 1980
May 1980
Jun 1980
Jul 1980
Aug 1980
Sep 1980
Oct 1980
Nov 1980
Dec 1980
Jan 1981
Feb 1981
Mar 1981
Apr 1981
May 1981
Jun 1981
Jul 1981
Aug 1981
Sep 1981
Oct 1981
Nov 1981
Dec 1981
Jan 1982
Feb 1982
Mar 1982
Apr 1982
May 1982
Jun 1982
Jul 1982
Aug 1982
Sep 1982
Oct 1982
Nov 1982
Dec 1982

Median Price
$73,490
$75,520
$77,180
$79,460
$81,050
$82,090
$85,000
$85,310
$86,700
$86,510
$87,890
$88,310
$93,630
$97,480
$97,300
$96,390
$98,990
$99,810
$101,320
$99,220
$97,660
$99,040
$97,590
$97,750
$100,970
$106,560
$104,410
$106,140
$107,910
$105,840
$109,510
$108,440
$108,580
$105,740
$104,040
$102,790
$105,220
$108,990
$109,390
$109,220
$110,240
$112,160
$112,430
$110,630
$110,450
$109,480
$112,540
$107,270

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
NA
2.8%
2.2%
3.0%
2.0%
1.3%
3.5%
0.4%
1.6%
-0.2%
1.6%
0.5%
6.0%
4.1%
-0.2%
-0.9%
2.7%
0.8%
1.5%
-2.1%
-1.6%
1.4%
-1.5%
0.2%
3.3%
5.5%
-2.0%
1.7%
1.7%
-1.9%
3.5%
-1.0%
0.1%
-2.6%
-1.6%
-1.2%
2.4%
3.6%
0.4%
-0.2%
0.9%
1.7%
0.2%
-1.6%
-0.2%
-0.9%
2.8%
-4.7%

Year
% Change
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
27.4%
29.1%
26.1%
21.3%
22.1%
21.6%
19.2%
16.3%
12.6%
14.5%
11.0%
10.7%
7.8%
9.3%
7.3%
10.1%
9.0%
6.0%
8.1%
9.3%
11.2%
6.8%
6.6%
5.2%
4.2%
2.3%
4.8%
2.9%
2.2%
6.0%
2.7%
2.0%
1.7%
3.5%
8.2%
4.4%

Sales*
494,180
524,100
519,950
495,630
446,590
458,230
489,220
484,200
497,670
500,280
421,260
398,990
407,820
448,930
374,480
281,920
276,980
336,990
377,530
401,300
433,400
421,230
398,270
373,120
318,670
332,360
324,380
304,220
286,660
285,060
258,540
247,770
238,870
221,840
223,400
213,180
172,820
203,730
220,200
182,690
180,710
173,470
173,120
172,360
176,570
188,370
220,030
208,050

Month
% Change
NA
6.1%
-0.8%
-4.7%
-9.9%
2.6%
6.8%
-1.0%
2.8%
0.5%
-15.8%
-5.3%
2.2%
10.1%
-16.6%
-24.7%
-1.8%
21.7%
12.0%
6.3%
8.0%
-2.8%
-5.5%
-6.3%
-14.6%
4.3%
-2.4%
-6.2%
-5.8%
-0.6%
-9.3%
-4.2%
-3.6%
-7.1%
0.7%
-4.6%
-18.9%
17.9%
8.1%
-17.0%
-1.1%
-4.0%
-0.2%
-0.4%
2.4%
6.7%
16.8%
-5.4%

Year
% Change
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-17.5%
-14.3%
-28.0%
-43.1%
-38.0%
-26.5%
-22.8%
-17.1%
-12.9%
-15.8%
-5.5%
-6.5%
-21.9%
-26.0%
-13.4%
7.9%
3.5%
-15.4%
-31.5%
-38.3%
-44.9%
-47.3%
-43.9%
-42.9%
-45.8%
-38.7%
-32.1%
-39.9%
-37.0%
-39.1%
-33.0%
-30.4%
-26.1%
-15.1%
-1.5%
-2.4%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

1983

1984

1985

1986

Month
Jan 1983
Feb 1983
Mar 1983
Apr 1983
May 1983
Jun 1983
Jul 1983
Aug 1983
Sep 1983
Oct 1983
Nov 1983
Dec 1983
Jan 1984
Feb 1984
Mar 1984
Apr 1984
May 1984
Jun 1984
Jul 1984
Aug 1984
Sep 1984
Oct 1984
Nov 1984
Dec 1984
Jan 1985
Feb 1985
Mar 1985
Apr 1985
May 1985
Jun 1985
Jul 1985
Aug 1985
Sep 1985
Oct 1985
Nov 1985
Dec 1985
Jan 1986
Feb 1986
Mar 1986
Apr 1986
May 1986
Jun 1986
Jul 1986
Aug 1986
Sep 1986
Oct 1986
Nov 1986
Dec 1986

Median Price
$109,190
$112,070
$112,170
$112,730
$113,900
$114,830
$114,000
$114,760
$112,590
$109,830
$112,080
$110,460
$113,090
$111,770
$113,070
$115,780
$110,590
$113,850
$113,470
$112,790
$112,390
$111,400
$110,400
$110,310
$110,990
$112,090
$113,960
$114,650
$115,010
$115,000
$119,360
$120,650
$123,840
$122,460
$120,230
$123,910
$119,660
$123,110
$129,850
$130,650
$132,810
$135,860
$137,120
$133,740
$131,210
$126,260
$128,100
$130,470

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
1.8%
2.6%
0.1%
0.5%
1.0%
0.8%
-0.7%
0.7%
-1.9%
-2.5%
2.0%
-1.4%
2.4%
-1.2%
1.2%
2.4%
-4.5%
2.9%
-0.3%
-0.6%
-0.4%
-0.9%
-0.9%
-0.1%
0.6%
1.0%
1.7%
0.6%
0.3%
0.0%
3.8%
1.1%
2.6%
-1.1%
-1.8%
3.1%
-3.4%
2.9%
5.5%
0.6%
1.7%
2.3%
0.9%
-2.5%
-1.9%
-3.8%
1.5%
1.9%

Year
% Change
3.8%
2.8%
2.5%
3.2%
3.3%
2.4%
1.4%
3.7%
1.9%
0.3%
-0.4%
3.0%
3.6%
-0.3%
0.8%
2.7%
-2.9%
-0.9%
-0.5%
-1.7%
-0.2%
1.4%
-1.5%
-0.1%
-1.9%
0.3%
0.8%
-1.0%
4.0%
1.0%
5.2%
7.0%
10.2%
9.9%
8.9%
12.3%
7.8%
9.8%
13.9%
14.0%
15.5%
18.1%
14.9%
10.8%
6.0%
3.1%
6.5%
5.3%

Sales*
228,770
216,650
269,280
258,940
267,400
281,410
303,260
313,190
303,050
293,830
302,550
297,760
328,530
318,280
321,120
331,110
322,580
326,670
302,910
294,220
266,920
294,560
289,850
311,490
307,270
319,430
319,530
315,020
313,050
321,480
328,970
350,170
339,400
356,440
327,210
341,330
341,740
347,990
338,850
357,160
357,680
369,210
388,740
397,910
423,080
423,950
449,180
532,290

Month
% Change
10.0%
-5.3%
24.3%
-3.8%
3.3%
5.2%
7.8%
3.3%
-3.2%
-3.0%
3.0%
-1.6%
10.3%
-3.1%
0.9%
3.1%
-2.6%
1.3%
-7.3%
-2.9%
-9.3%
10.4%
-1.6%
7.5%
-1.4%
4.0%
0.0%
-1.4%
-0.6%
2.7%
2.3%
6.4%
-3.1%
5.0%
-8.2%
4.3%
0.1%
1.8%
-2.6%
5.4%
0.1%
3.2%
5.3%
2.4%
6.3%
0.2%
6.0%
18.5%

Year
% Change
32.4%
6.3%
22.3%
41.7%
48.0%
62.2%
75.2%
81.7%
71.6%
56.0%
37.5%
43.1%
43.6%
46.9%
19.2%
27.9%
20.6%
16.1%
-0.1%
-6.1%
-11.9%
0.3%
-4.2%
4.6%
-6.5%
0.4%
-0.5%
-4.9%
-3.0%
-1.6%
8.6%
19.0%
27.2%
21.0%
12.9%
9.6%
11.2%
8.9%
6.0%
13.4%
14.3%
14.8%
18.2%
13.6%
24.7%
18.9%
37.3%
55.9%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

1987

1988

1989

1990

Month
Jan 1987
Feb 1987
Mar 1987
Apr 1987
May 1987
Jun 1987
Jul 1987
Aug 1987
Sep 1987
Oct 1987
Nov 1987
Dec 1987
Jan 1988
Feb 1988
Mar 1988
Apr 1988
May 1988
Jun 1988
Jul 1988
Aug 1988
Sep 1988
Oct 1988
Nov 1988
Dec 1988
Jan 1989
Feb 1989
Mar 1989
Apr 1989
May 1989
Jun 1989
Jul 1989
Aug 1989
Sep 1989
Oct 1989
Nov 1989
Dec 1989
Jan 1990
Feb 1990
Mar 1990
Apr 1990
May 1990
Jun 1990
Jul 1990
Aug 1990
Sep 1990
Oct 1990
Nov 1990
Dec 1990

Median Price
$124,580
$129,380
$134,950
$137,920
$141,140
$140,620
$142,220
$145,260
$147,370
$143,840
$142,310
$145,220
$150,010
$149,850
$154,130
$159,540
$163,580
$170,180
$174,390
$174,750
$177,110
$178,500
$181,330
$177,280
$182,860
$190,200
$193,370
$201,030
$201,020
$199,440
$201,650
$199,390
$198,740
$193,730
$193,580
$188,480
$194,950
$196,270
$194,860
$196,110
$195,280
$194,410
$193,090
$192,180
$189,980
$187,630
$192,020
$190,380

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
-4.5%
3.9%
4.3%
2.2%
2.3%
-0.4%
1.1%
2.1%
1.5%
-2.4%
-1.1%
2.0%
3.3%
-0.1%
2.9%
3.5%
2.5%
4.0%
2.5%
0.2%
1.4%
0.8%
1.6%
-2.2%
3.1%
4.0%
1.7%
4.0%
0.0%
-0.8%
1.1%
-1.1%
-0.3%
-2.5%
-0.1%
-2.6%
3.4%
0.7%
-0.7%
0.6%
-0.4%
-0.4%
-0.7%
-0.5%
-1.1%
-1.2%
2.3%
-0.9%

Year
% Change
4.1%
5.1%
3.9%
5.6%
6.3%
3.5%
3.7%
8.6%
12.3%
13.9%
11.1%
11.3%
20.4%
15.8%
14.2%
15.7%
15.9%
21.0%
22.6%
20.3%
20.2%
24.1%
27.4%
22.1%
21.9%
26.9%
25.5%
26.0%
22.9%
17.2%
15.6%
14.1%
12.2%
8.5%
6.8%
6.3%
6.6%
3.2%
0.8%
-2.4%
-2.9%
-2.5%
-4.2%
-3.6%
-4.4%
-3.1%
-0.8%
1.0%

Sales*
400,220
389,140
390,780
430,900
436,140
446,100
429,100
400,160
399,480
412,850
406,440
421,220
400,100
385,880
413,070
430,130
472,430
454,620
472,750
485,230
490,190
478,770
480,910
493,700
504,290
472,730
485,650
425,050
411,380
396,410
401,650
414,970
436,920
426,080
441,180
409,940
382,060
375,300
333,880
315,810
304,300
313,000
318,860
317,560
314,450
303,950
285,620
263,980

Month
% Change
-24.8%
-2.8%
0.4%
10.3%
1.2%
2.3%
-3.8%
-6.7%
-0.2%
3.3%
-1.6%
3.6%
-5.0%
-3.6%
7.0%
4.1%
9.8%
-3.8%
4.0%
2.6%
1.0%
-2.3%
0.4%
2.7%
2.1%
-6.3%
2.7%
-12.5%
-3.2%
-3.6%
1.3%
3.3%
5.3%
-2.5%
3.5%
-7.1%
-6.8%
-1.8%
-11.0%
-5.4%
-3.6%
2.9%
1.9%
-0.4%
-1.0%
-3.3%
-6.0%
-7.6%

Year
% Change
17.1%
11.8%
15.3%
20.6%
21.9%
20.8%
10.4%
0.6%
-5.6%
-2.6%
-9.5%
-20.9%
0.0%
-0.8%
5.7%
-0.2%
8.3%
1.9%
10.2%
21.3%
22.7%
16.0%
18.3%
17.2%
26.0%
22.5%
17.6%
-1.2%
-12.9%
-12.8%
-15.0%
-14.5%
-10.9%
-11.0%
-8.3%
-17.0%
-16.4%
-6.4%
-21.4%
-11.6%
-11.6%
-8.7%
-11.0%
-12.8%
-22.4%
-20.3%
-27.2%
-25.2%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

1991

1992

1993

1994

Month
Jan 1991
Feb 1991
Mar 1991
Apr 1991
May 1991
Jun 1991
Jul 1991
Aug 1991
Sep 1991
Oct 1991
Nov 1991
Dec 1991
Jan 1992
Feb 1992
Mar 1992
Apr 1992
May 1992
Jun 1992
Jul 1992
Aug 1992
Sep 1992
Oct 1992
Nov 1992
Dec 1992
Jan 1993
Feb 1993
Mar 1993
Apr 1993
May 1993
Jun 1993
Jul 1993
Aug 1993
Sep 1993
Oct 1993
Nov 1993
Dec 1993
Jan 1994
Feb 1994
Mar 1994
Apr 1994
May 1994
Jun 1994
Jul 1994
Aug 1994
Sep 1994
Oct 1994
Nov 1994
Dec 1994

Median Price
$192,050
$194,810
$202,670
$207,720
$211,000
$206,720
$206,070
$200,340
$197,800
$196,020
$194,190
$199,450
$196,410
$198,220
$200,500
$198,700
$203,420
$199,460
$199,150
$194,670
$195,840
$194,000
$189,670
$193,330
$191,670
$187,440
$189,130
$192,600
$188,850
$188,650
$190,540
$189,010
$186,740
$185,920
$184,700
$184,980
$183,050
$182,260
$185,470
$186,970
$185,500
$189,680
$188,080
$185,790
$185,160
$181,860
$180,910
$177,420

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
0.9%
1.4%
4.0%
2.5%
1.6%
-2.0%
-0.3%
-2.8%
-1.3%
-0.9%
-0.9%
2.7%
-1.5%
0.9%
1.2%
-0.9%
2.4%
-1.9%
-0.2%
-2.2%
0.6%
-0.9%
-2.2%
1.9%
-0.9%
-2.2%
0.9%
1.8%
-1.9%
-0.1%
1.0%
-0.8%
-1.2%
-0.4%
-0.7%
0.2%
-1.0%
-0.4%
1.8%
0.8%
-0.8%
2.3%
-0.8%
-1.2%
-0.3%
-1.8%
-0.5%
-1.9%

Year
% Change
-1.5%
-0.7%
4.0%
5.9%
8.0%
6.3%
6.7%
4.2%
4.1%
4.5%
1.1%
4.8%
2.3%
1.8%
-1.1%
-4.3%
-3.6%
-3.5%
-3.4%
-2.8%
-1.0%
-1.0%
-2.3%
-3.1%
-2.4%
-5.4%
-5.7%
-3.1%
-7.2%
-5.4%
-4.3%
-2.9%
-4.6%
-4.2%
-2.6%
-4.3%
-4.5%
-2.8%
-1.9%
-2.9%
-1.8%
0.5%
-1.3%
-1.7%
-0.8%
-2.2%
-2.1%
-4.1%

Sales*
271,130
280,820
289,570
319,430
334,770
340,040
320,480
304,750
296,460
286,660
284,430
271,730
298,550
333,100
319,530
314,170
310,700
288,910
285,590
277,350
288,180
302,370
321,120
318,100
305,080
293,940
283,300
272,710
288,330
292,800
316,950
320,550
334,630
327,820
339,230
357,620
395,550
368,300
373,980
376,380
364,170
359,510
339,900
335,270
326,180
333,510
322,900
308,670

Month
% Change
2.7%
3.6%
3.1%
10.3%
4.8%
1.6%
-5.8%
-4.9%
-2.7%
-3.3%
-0.8%
-4.5%
9.9%
11.6%
-4.1%
-1.7%
-1.1%
-7.0%
-1.1%
-2.9%
3.9%
4.9%
6.2%
-0.9%
-4.1%
-3.7%
-3.6%
-3.7%
5.7%
1.6%
8.2%
1.1%
4.4%
-2.0%
3.5%
5.4%
10.6%
-6.9%
1.5%
0.6%
-3.2%
-1.3%
-5.5%
-1.4%
-2.7%
2.2%
-3.2%
-4.4%

Year
% Change
-28.8%
-26.9%
-10.7%
-2.9%
9.3%
6.9%
2.5%
-5.6%
-2.8%
-5.8%
0.3%
4.0%
11.9%
10.9%
5.7%
-1.3%
-10.2%
-16.1%
-11.5%
-8.0%
-1.8%
5.9%
9.3%
14.5%
4.9%
-8.6%
-13.2%
-13.8%
-8.7%
2.1%
9.3%
14.6%
15.7%
8.7%
7.5%
10.9%
19.4%
23.3%
31.4%
32.7%
23.8%
22.3%
6.9%
2.7%
-2.2%
0.5%
-4.6%
-11.6%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

1995

1996

1997

1998

Month
Jan 1995
Feb 1995
Mar 1995
Apr 1995
May 1995
Jun 1995
Jul 1995
Aug 1995
Sep 1995
Oct 1995
Nov 1995
Dec 1995
Jan 1996
Feb 1996
Mar 1996
Apr 1996
May 1996
Jun 1996
Jul 1996
Aug 1996
Sep 1996
Oct 1996
Nov 1996
Dec 1996
Jan 1997
Feb 1997
Mar 1997
Apr 1997
May 1997
Jun 1997
Jul 1997
Aug 1997
Sep 1997
Oct 1997
Nov 1997
Dec 1997
Jan 1998
Feb 1998
Mar 1998
Apr 1998
May 1998
Jun 1998
Jul 1998
Aug 1998
Sep 1998
Oct 1998
Nov 1998
Dec 1998

Median Price
$177,200
$172,970
$175,270
$176,770
$176,450
$180,650
$180,250
$182,470
$180,530
$175,860
$176,200
$175,370
$174,860
$170,860
$175,980
$178,540
$179,100
$181,190
$182,420
$180,820
$179,740
$174,450
$175,500
$171,940
$175,620
$167,790
$177,740
$181,220
$185,010
$188,800
$190,620
$191,860
$191,600
$189,280
$190,760
$186,560
$188,090
$183,900
$193,910
$198,250
$202,960
$209,000
$210,830
$207,780
$202,140
$194,960
$197,060
$198,120

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
-0.1%
-2.4%
1.3%
0.9%
-0.2%
2.4%
-0.2%
1.2%
-1.1%
-2.6%
0.2%
-0.5%
-0.3%
-2.3%
3.0%
1.5%
0.3%
1.2%
0.7%
-0.9%
-0.6%
-2.9%
0.6%
-2.0%
2.1%
-4.5%
5.9%
2.0%
2.1%
2.0%
1.0%
0.7%
-0.1%
-1.2%
0.8%
-2.2%
0.8%
-2.2%
5.4%
2.2%
2.4%
3.0%
0.9%
-1.4%
-2.7%
-3.6%
1.1%
0.5%

Year
% Change
-3.2%
-5.1%
-5.5%
-5.5%
-4.9%
-4.8%
-4.2%
-1.8%
-2.5%
-3.3%
-2.6%
-1.2%
-1.3%
-1.2%
0.4%
1.0%
1.5%
0.3%
1.2%
-0.9%
-0.4%
-0.8%
-0.4%
-2.0%
0.4%
-1.8%
1.0%
1.5%
3.3%
4.2%
4.5%
6.1%
6.6%
8.5%
8.7%
8.5%
7.1%
9.6%
9.1%
9.4%
9.7%
10.7%
10.6%
8.3%
5.5%
3.0%
3.3%
6.2%

Sales*
311,720
295,190
283,900
275,010
283,520
304,720
304,910
319,720
322,260
329,950
325,010
333,430
331,660
325,420
346,130
362,680
350,280
351,990
342,720
341,330
350,770
340,610
341,980
352,350
355,010
362,080
367,330
362,000
364,320
366,570
378,370
392,460
393,280
405,720
394,370
407,380
401,100
409,800
418,100
420,700
445,890
444,210
445,490
441,300
421,020
424,440
447,280
472,520

Month
% Change
1.0%
-5.3%
-3.8%
-3.1%
3.1%
7.5%
0.1%
4.9%
0.8%
2.4%
-1.5%
2.6%
-0.5%
-1.9%
6.4%
4.8%
-3.4%
0.5%
-2.6%
-0.4%
2.8%
-2.9%
0.4%
3.0%
0.8%
2.0%
1.4%
-1.5%
0.6%
0.6%
3.2%
3.7%
0.2%
3.2%
-2.8%
3.3%
-1.5%
2.2%
2.0%
0.6%
6.0%
-0.4%
0.3%
-0.9%
-4.6%
0.8%
5.4%
5.6%

Year
% Change
-20.8%
-19.9%
-23.1%
-26.7%
-23.0%
-17.0%
-9.6%
-3.5%
-1.3%
0.3%
4.5%
5.6%
17.1%
22.9%
31.3%
40.3%
34.4%
21.4%
15.7%
14.4%
12.5%
8.5%
7.4%
6.8%
7.0%
10.6%
3.4%
-0.2%
2.7%
4.6%
11.6%
14.5%
12.8%
21.8%
14.3%
16.1%
12.7%
12.0%
13.7%
17.2%
19.3%
18.9%
19.4%
10.1%
9.8%
2.6%
13.0%
11.9%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

1999

2000

2001

2002

Month
Jan 1999
Feb 1999
Mar 1999
Apr 1999
May 1999
Jun 1999
Jul 1999
Aug 1999
Sep 1999
Oct 1999
Nov 1999
Dec 1999
Jan 2000
Feb 2000
Mar 2000
Apr 2000
May 2000
Jun 2000
Jul 2000
Aug 2000
Sep 2000
Oct 2000
Nov 2000
Dec 2000
Jan 2001
Feb 2001
Mar 2001
Apr 2001
May 2001
Jun 2001
Jul 2001
Aug 2001
Sep 2001
Oct 2001
Nov 2001
Dec 2001
Jan 2002
Feb 2002
Mar 2002
Apr 2002
May 2002
Jun 2002
Jul 2002
Aug 2002
Sep 2002
Oct 2002
Nov 2002
Dec 2002

Median Price
$202,200
$197,870
$212,330
$216,490
$220,410
$224,680
$220,530
$224,200
$218,710
$215,820
$218,540
$225,260
$226,870
$227,160
$233,140
$237,060
$240,470
$243,100
$242,100
$254,690
$246,530
$251,220
$250,660
$248,350
$244,110
$241,690
$257,550
$255,310
$255,860
$267,410
$267,520
$282,420
$275,620
$263,020
$270,210
$281,330
$287,080
$294,860
$305,840
$317,120
$319,590
$324,640
$321,900
$334,270
$322,450
$324,670
$328,440
$338,840

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
2.1%
-2.1%
7.3%
2.0%
1.8%
1.9%
-1.8%
1.7%
-2.4%
-1.3%
1.3%
3.1%
0.7%
0.1%
2.6%
1.7%
1.4%
1.1%
-0.4%
5.2%
-3.2%
1.9%
-0.2%
-0.9%
-1.7%
-1.0%
6.6%
-0.9%
0.2%
4.5%
0.0%
5.6%
-2.4%
-4.6%
2.7%
4.1%
2.0%
2.7%
3.7%
3.7%
0.8%
1.6%
-0.8%
3.8%
-3.5%
0.7%
1.2%
3.2%

10

Year
% Change
7.5%
7.6%
9.5%
9.2%
8.6%
7.5%
4.6%
7.9%
8.2%
10.7%
10.9%
13.7%
12.2%
14.8%
9.8%
9.5%
9.1%
8.2%
9.8%
13.6%
12.7%
16.4%
14.7%
10.3%
7.6%
6.4%
10.5%
7.7%
6.4%
10.0%
10.5%
10.9%
11.8%
4.7%
7.8%
13.3%
17.6%
22.0%
18.7%
24.2%
24.9%
21.4%
20.3%
18.4%
17.0%
23.4%
21.5%
20.4%

Sales*
450,000
450,780
458,470
452,080
460,030
466,810
486,590
464,690
484,760
474,540
466,160
453,700
420,200
485,630
518,320
435,370
474,470
456,660
452,470
473,020
491,630
493,600
488,640
458,790
450,590
437,770
440,760
436,030
434,560
462,670
467,270
475,560
446,890
440,220
420,580
469,780
533,540
554,440
524,760
533,670
522,880
506,870
483,730
485,390
475,660
495,820
494,790
529,350

Month
% Change
-4.8%
0.2%
1.7%
-1.4%
1.8%
1.5%
4.2%
-4.5%
4.3%
-2.1%
-1.8%
-2.7%
-7.4%
15.6%
6.7%
-16.0%
9.0%
-3.8%
-0.9%
4.5%
3.9%
0.4%
-1.0%
-6.1%
-1.8%
-2.8%
0.7%
-1.1%
-0.3%
6.5%
1.0%
1.8%
-6.0%
-1.5%
-4.5%
11.7%
13.6%
3.9%
-5.4%
1.7%
-2.0%
-3.1%
-4.6%
0.3%
-2.0%
4.2%
-0.2%
7.0%

Year
% Change
11.9%
5.8%
8.0%
7.5%
5.7%
10.2%
5.6%
3.6%
13.2%
8.4%
1.4%
-3.4%
-9.5%
7.5%
6.8%
-7.5%
7.2%
0.4%
-14.9%
4.7%
-0.6%
0.3%
6.2%
-5.4%
5.5%
-13.3%
-7.8%
0.5%
-12.9%
-6.4%
6.1%
2.3%
-16.1%
-9.7%
-12.4%
-1.0%
18.4%
26.7%
19.1%
22.4%
20.3%
9.6%
3.5%
2.1%
6.4%
12.6%
17.6%
12.7%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

2003

2004

2005

2006

Month
Jan 2003
Feb 2003
Mar 2003
Apr 2003
May 2003
Jun 2003
Jul 2003
Aug 2003
Sep 2003
Oct 2003
Nov 2003
Dec 2003
Jan 2004
Feb 2004
Mar 2004
Apr 2004
May 2004
Jun 2004
Jul 2004
Aug 2004
Sep 2004
Oct 2004
Nov 2004
Dec 2004
Jan 2005
Feb 2005
Mar 2005
Apr 2005
May 2005
Jun 2005
Jul 2005
Aug 2005
Sep 2005
Oct 2005
Nov 2005
Dec 2005
Jan 2006
Feb 2006
Mar 2006
Apr 2006
May 2006
Jun 2006
Jul 2006
Aug 2006
Sep 2006
Oct 2006
Nov 2006
Dec 2006

Median Price
$336,210
$326,640
$351,130
$364,040
$367,630
$374,530
$381,940
$406,140
$384,690
$379,120
$384,470
$401,720
$404,460
$391,550
$428,060
$452,680
$463,320
$468,050
$461,760
$473,520
$463,630
$459,530
$471,980
$474,270
$484,580
$470,920
$496,890
$510,400
$522,530
$542,330
$539,840
$567,320
$543,510
$537,930
$547,870
$547,400
$549,460
$534,400
$562,130
$562,820
$563,860
$575,850
$567,860
$577,300
$557,150
$552,020
$554,500
$569,350

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
-0.8%
-2.8%
7.5%
3.7%
1.0%
1.9%
2.0%
6.3%
-5.3%
-1.4%
1.4%
4.5%
0.7%
-3.2%
9.3%
5.8%
2.4%
1.0%
-1.3%
2.5%
-2.1%
-0.9%
2.7%
0.5%
2.2%
-2.8%
5.5%
2.7%
2.4%
3.8%
-0.5%
5.1%
-4.2%
-1.0%
1.8%
-0.1%
0.4%
-2.7%
5.2%
0.1%
0.2%
2.1%
-1.4%
1.7%
-3.5%
-0.9%
0.4%
2.7%

11

Year
% Change
17.1%
10.8%
14.8%
14.8%
15.0%
15.4%
18.7%
21.5%
19.3%
16.8%
17.1%
18.6%
20.3%
19.9%
21.9%
24.3%
26.0%
25.0%
20.9%
16.6%
20.5%
21.2%
22.8%
18.1%
19.8%
20.3%
16.1%
12.8%
12.8%
15.9%
16.9%
19.8%
17.2%
17.1%
16.1%
15.4%
13.4%
13.5%
13.1%
10.3%
7.9%
6.2%
5.2%
1.8%
2.5%
2.6%
1.2%
4.0%

Sales*
531,530
532,060
520,780
510,530
524,170
521,580
556,370
588,230
589,270
573,990
577,910
580,190
554,020
558,090
561,640
564,340
576,030
573,040
571,580
562,100
575,380
590,840
591,450
578,830
625,570
566,250
580,290
594,740
586,800
591,220
588,240
593,560
584,360
570,090
537,210
496,590
483,480
470,350
482,810
473,700
446,700
433,520
416,620
414,400
412,140
414,390
411,720
407,840

Month
% Change
0.4%
0.1%
-2.1%
-2.0%
2.7%
-0.5%
6.7%
5.7%
0.2%
-2.6%
0.7%
0.4%
-4.5%
0.7%
0.6%
0.5%
2.1%
-0.5%
-0.3%
-1.7%
2.4%
2.7%
0.1%
-2.1%
8.1%
-9.5%
2.5%
2.5%
-1.3%
0.8%
-0.5%
0.9%
-1.5%
-2.4%
-5.8%
-7.6%
-2.6%
-2.7%
2.6%
-1.9%
-5.7%
-3.0%
-3.9%
-0.5%
-0.5%
0.5%
-0.6%
-0.9%

Year
% Change
-0.4%
-4.0%
-0.8%
-4.3%
0.2%
2.9%
15.0%
21.2%
23.9%
15.8%
16.8%
9.6%
4.2%
4.9%
7.8%
10.5%
9.9%
9.9%
2.7%
-4.4%
-2.4%
2.9%
2.3%
-0.2%
12.9%
1.5%
3.3%
5.4%
1.9%
3.2%
2.9%
5.6%
1.6%
-3.5%
-9.2%
-14.2%
-22.7%
-16.9%
-16.8%
-20.4%
-23.9%
-26.7%
-29.2%
-30.2%
-29.5%
-27.3%
-23.4%
-17.9%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

2007

2008

2009

2010

Month
Jan 2007
Feb 2007
Mar 2007
Apr 2007
May 2007
Jun 2007
Jul 2007
Aug 2007
Sep 2007
Oct 2007
Nov 2007
Dec 2007
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010

Median Price
$551,220
$554,280
$582,930
$594,110
$594,530
$591,280
$587,560
$588,670
$535,760
$501,730
$490,511
$480,820
$427,200
$418,260
$414,520
$404,590
$386,620
$373,100
$355,000
$352,730
$319,310
$307,210
$287,880
$283,060
$249,960
$245,230
$249,790
$253,110
$263,440
$274,640
$285,310
$293,400
$296,610
$297,500
$304,550
$306,860
$284,600
$278,190
$300,900
$307,000
$327,460
$313,890
$318,550
$320,860
$309,720
$305,150
$296,480
$304,770

CALIFORNIA ASSOCIATION OF REALTORS

Month
% Change
-3.2%
0.6%
5.2%
1.9%
0.1%
-0.5%
-0.6%
0.2%
-9.0%
-6.4%
-2.2%
-2.0%
-11.2%
-2.1%
-0.9%
-2.4%
-4.4%
-3.5%
-4.9%
-0.6%
-9.5%
-3.8%
-6.3%
-1.7%
-11.7%
-1.9%
1.9%
1.3%
4.1%
4.3%
3.9%
2.8%
1.1%
0.3%
2.4%
0.8%
-7.3%
-2.3%
8.2%
2.0%
6.7%
-4.1%
1.5%
0.7%
-3.5%
-1.5%
-2.8%
2.8%

12

Year
% Change
0.3%
3.7%
3.7%
5.6%
5.4%
2.7%
3.5%
2.0%
-3.8%
-9.1%
-11.5%
-15.5%
-22.5%
-24.5%
-28.9%
-31.9%
-35.0%
-36.9%
-39.6%
-40.1%
-40.4%
-38.8%
-41.3%
-41.1%
-41.5%
-41.4%
-39.7%
-37.4%
-31.9%
-26.4%
-19.6%
-16.8%
-7.1%
-3.2%
5.8%
8.4%
13.9%
13.4%
20.5%
21.3%
24.3%
14.3%
11.7%
9.4%
4.4%
2.6%
-2.6%
-0.7%

Sales*
365,770
371,550
350,630
315,870
302,580
299,030
289,460
270,000
227,390
223,750
241,240
251,830
258,780
267,780
287,120
328,620
360,230
378,000
404,910
425,350
463,910
478,500
453,880
469,940
504,630
498,580
466,430
468,920
463,420
457,090
472,420
468,580
464,300
489,400
479,500
465,080
440,500
434,440
433,380
414,820
475,610
423,380
381,560
389,700
396,680
387,710
405,370
415,100

Month
% Change
-10.3%
1.6%
-5.6%
-9.9%
-4.2%
-1.2%
-3.2%
-6.7%
-15.8%
-1.6%
7.8%
4.4%
2.8%
3.5%
7.2%
14.5%
9.6%
4.9%
7.1%
5.0%
9.1%
3.1%
-5.1%
3.5%
7.4%
-1.2%
-6.4%
0.5%
-1.2%
-1.4%
3.4%
-0.8%
-0.9%
5.4%
-2.0%
-3.0%
-5.3%
-1.4%
-0.2%
-4.3%
14.7%
-11.0%
-9.9%
2.1%
1.8%
-2.3%
4.6%
2.4%

Year
% Change
-24.3%
-21.0%
-27.4%
-33.3%
-32.3%
-31.0%
-30.5%
-34.8%
-44.8%
-46.0%
-41.4%
-38.3%
-29.3%
-27.9%
-18.1%
4.0%
19.1%
26.4%
39.9%
57.5%
104.0%
113.9%
88.1%
86.6%
95.0%
86.2%
62.5%
42.7%
28.6%
20.9%
16.7%
10.2%
0.1%
2.3%
5.6%
-1.0%
-12.7%
-12.9%
-7.1%
-11.5%
2.6%
-7.4%
-19.2%
-16.8%
-14.6%
-20.8%
-15.5%
-10.7%

May 2013

California Existing Single-Family Home


Monthly Median Sales Price and Monthly Sales Activity
1979 - 2012

2011

2012

Month
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Median Price
$279,220
$271,370
$286,550
$294,140
$292,850
$296,410
$296,160
$297,660
$288,700
$277,450
$279,910
$288,950
$271,490
$268,810
$291,330
$309,050
$316,410
$320,540
$333,860
$343,820
$345,000
$341,370
$349,300
$366,930

Month
% Change
-8.4%
-2.8%
5.6%
2.6%
-0.4%
1.2%
-0.1%
0.5%
-3.0%
-3.9%
0.9%
3.2%
-6.0%
-1.0%
8.4%
6.1%
2.4%
1.3%
4.2%
3.0%
0.3%
-1.1%
2.3%
5.0%

Year
% Change
-1.9%
-2.5%
-4.8%
-4.2%
-10.6%
-5.6%
-7.0%
-7.2%
-6.8%
-9.1%
-5.6%
-5.2%
-2.8%
-0.9%
1.7%
5.1%
8.0%
8.1%
12.7%
15.5%
19.5%
23.0%
24.8%
27.0%

Sales*
462,170
415,520
425,200
421,090
401,380
409,830
412,120
427,180
420,880
424,050
423,080
428,110
437,330
442,660
443,520
445,180
447,250
431,360
437,110
442,770
423,040
450,340
439,030
443,160

Month
% Change
11.3%
-10.1%
2.3%
-1.0%
-4.7%
2.1%
0.6%
3.7%
-1.5%
0.8%
-0.2%
1.2%
2.2%
1.2%
0.2%
0.4%
0.5%
-3.6%
1.3%
1.3%
-4.5%
6.5%
-2.5%
0.9%

Year
% Change
4.9%
-4.4%
-1.9%
1.5%
-15.6%
-3.2%
8.0%
9.6%
6.1%
9.4%
4.4%
3.1%
-5.4%
6.5%
4.3%
5.7%
11.4%
5.3%
6.1%
3.6%
0.5%
6.2%
3.8%
3.5%

Monthly sales and median prices for California regions and counties are reported in C.A.R.'s
County Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-7398278, or go to www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

13

May 2013

California Existing Condominium


Annual Median Price
and % Change in Sales
1980 - 2012

Year
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

CALIFORNIA ASSOCIATION OF REALTORS

Median
$93,540
$98,400
$101,060
$102,880
$99,790
$101,990
$108,320
$112,280
$122,750
$138,330
$143,530
$145,960
$146,740
$144,380
$145,000
$137,150
$132,740
$139,150
$162,160
$171,200
$190,660
$209,890
$249,270
$287,840
$360,910
$416,050
$428,990
$431,790
$315,220
$252,120
$253,230
$226,620
$247,980

Median
Year-to-Year
% Change
NA
5.2%
2.7%
1.8%
-3.0%
2.2%
6.2%
3.7%
9.3%
12.7%
3.8%
3.3%
0.5%
-1.6%
0.4%
-5.4%
-3.2%
4.8%
16.5%
5.6%
11.4%
10.1%
18.8%
15.5%
25.4%
15.3%
3.1%
0.7%
-27.0%
-41.6%
2.8%
-10.5%
9.4%

14

Sales
Year-to-Year
% Change
NA
NA
NA
34.8%
11.7%
3.2%
28.0%
29.6%
36.6%
15.4%
-12.1%
-13.5%
-9.3%
-17.7%
18.3%
-10.8%
29.1%
20.4%
20.5%
14.8%
1.9%
-9.6%
20.0%
5.9%
4.7%
-2.1%
-25.9%
-0.7%
-28.2%
-20.0%
0.9%
-2.1%
7.5%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

1981

1982

1983

1984

Month
Jan 1981
Feb 1981
Mar 1981
Apr 1981
May 1981
Jun 1981
Jul 1981
Aug 1981
Sep 1981
Oct 1981
Nov 1981
Dec 1981
Jan 1982
Feb 1982
Mar 1982
Apr 1982
May 1982
Jun 1982
Jul 1982
Aug 1982
Sep 1982
Oct 1982
Nov 1982
Dec 1982
Jan 1983
Feb 1983
Mar 1983
Apr 1983
May 1983
Jun 1983
Jul 1983
Aug 1983
Sep 1983
Oct 1983
Nov 1983
Dec 1983
Jan 1984
Feb 1984
Mar 1984
Apr 1984
May 1984
Jun 1984
Jul 1984
Aug 1984
Sep 1984
Oct 1984
Nov 1984
Dec 1984

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
$104,389
$95,467
$102,568
$107,122
$91,523
$106,284
$105,323
$111,600
$96,138
$121,074
$104,589
$101,755
$108,771
$99,381
$98,978
$114,085
$107,540
$110,854
$124,320
$127,179
$103,836
$119,165
$108,034
$122,414
$109,913
$105,957
$109,686
$107,002
$112,775
$101,544
$104,948
$111,281
$105,013
$107,185
$102,330
$115,424
$106,928
$116,455
$111,914
$112,287
$110,061
$116,225

MonthMonth
% Change
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
-8.5%
7.4%
4.4%
-14.6%
16.1%
-0.9%
6.0%
-13.9%
25.9%
-13.6%
-2.7%
6.9%
-8.6%
-0.4%
15.3%
-5.7%
3.1%
12.1%
2.3%
-18.4%
14.8%
-9.3%
13.3%
-10.2%
-3.6%
3.5%
-2.4%
5.4%
-10.0%
3.4%
6.0%
-5.6%
2.1%
-4.5%
12.8%
-7.4%
8.9%
-3.9%
0.3%
-2.0%
5.6%

15

Year-toYear
% Change
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
4.2%
4.1%
-3.5%
6.5%
17.5%
4.3%
18.0%
14.0%
8.0%
-1.6%
3.3%
20.3%
1.0%
6.6%
10.8%
-6.2%
4.9%
-8.4%
-15.6%
-12.5%
1.1%
-10.1%
-5.3%
-5.7%
-2.7%
9.9%
2.0%
4.9%
-2.4%
14.5%

Sales
MonthMonth
% Change
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
-19.1%
58.3%
28.1%
2.2%
-19.5%
7.1%
-9.6%
-13.2%
9.1%
3.3%
-8.0%
-13.6%
11.5%
-0.1%
48.9%
13.5%
9.7%
-3.9%
2.4%
17.0%
3.7%
N.A.
N.A.
N.A.
3.4%
N.A.
5.6%
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
-13.2%

Sales
Year-toYear
% Change
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
N.A.
-28.3%
-20.0%
-14.7%
-3.3%
13.5%
1.6%
40.0%
-11.7%
2.7%
5.3%
38.0%
13.1%
50.8%
100.0%
114.1%
44.2%
28.5%
97.2%
47.8%
86.9%
22.0%
8.6%
33.8%
15.7%
-6.3%
-8.0%
-19.5%
19.3%
41.7%
-6.9%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

1985

1986

1987

1988

Month
Jan 1985
Feb 1985
Mar 1985
Apr 1985
May 1985
Jun 1985
Jul 1985
Aug 1985
Sep 1985
Oct 1985
Nov 1985
Dec 1985
Jan 1986
Feb 1986
Mar 1986
Apr 1986
May 1986
Jun 1986
Jul 1986
Aug 1986
Sep 1986
Oct 1986
Nov 1986
Dec 1986
Jan 1987
Feb 1987
Mar 1987
Apr 1987
May 1987
Jun 1987
Jul 1987
Aug 1987
Sep 1987
Oct 1987
Nov 1987
Dec 1987
Jan 1988
Feb 1988
Mar 1988
Apr 1988
May 1988
Jun 1988
Jul 1988
Aug 1988
Sep 1988
Oct 1988
Nov 1988
Dec 1988

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$116,289
$108,499
$115,435
$109,182
$115,459
$115,184
$111,527
$115,434
$112,611
$111,216
$106,510
$110,816
$104,372
$110,000
$112,512
$110,967
$116,880
$126,515
$113,977
$118,228
$118,847
$111,216
$116,335
$119,784
$107,000
$111,081
$114,455
$111,280
$112,202
$109,734
$114,073
$114,705
$123,559
$114,339
$114,457
$113,128
$113,835
$118,880
$120,279
$114,908
$121,456
$122,903
$122,610
$127,432
$126,533
$129,869
$126,328
$126,281

MonthMonth
% Change
0.1%
-6.7%
6.4%
-5.4%
5.7%
-0.2%
-3.2%
3.5%
-2.4%
-1.2%
-4.2%
4.0%
-5.8%
5.4%
2.3%
-1.4%
5.3%
8.2%
-9.9%
3.7%
0.5%
-6.4%
4.6%
3.0%
-10.7%
3.8%
3.0%
-2.8%
0.8%
-2.2%
4.0%
0.6%
7.7%
-7.5%
0.1%
-1.2%
0.6%
4.4%
1.2%
-4.5%
5.7%
1.2%
-0.2%
3.9%
-0.7%
2.6%
-2.7%
0.0%

16

Year-toYear
% Change
10.8%
-2.5%
9.9%
1.9%
12.8%
-0.2%
4.3%
-0.9%
0.6%
-1.0%
-3.2%
-4.7%
-10.2%
1.4%
-2.5%
1.6%
1.2%
9.8%
2.2%
2.4%
5.5%
0.0%
9.2%
8.1%
2.5%
1.0%
1.7%
0.3%
-4.0%
-13.3%
0.1%
-3.0%
4.0%
2.8%
-1.6%
-5.6%
6.4%
7.0%
5.1%
3.3%
8.2%
12.0%
7.5%
11.1%
2.4%
13.6%
10.4%
11.6%

Sales
MonthMonth
% Change
-28.6%
N.A.
46.4%
16.2%
11.2%
-14.4%
6.7%
3.5%
-4.0%
29.2%
-25.1%
-1.9%
-3.8%
-3.5%
23.0%
4.1%
4.6%
12.2%
15.3%
-4.2%
-2.8%
9.5%
-16.0%
15.2%
-26.4%
-19.6%
50.0%
12.8%
10.8%
21.6%
-18.8%
-4.2%
11.8%
2.2%
-27.0%
29.2%
-26.5%
3.2%
53.9%
8.3%
12.9%
11.9%
-11.1%
61.5%
4.0%
-21.7%
0.2%
2.1%

Sales
Year-toYear
% Change
-14.0%
-5.4%
-5.0%
9.3%
-10.6%
-7.4%
19.2%
7.7%
11.5%
34.8%
-8.6%
0.7%
30.2%
35.6%
20.4%
7.9%
7.9%
37.3%
42.1%
18.4%
41.3%
29.4%
32.2%
68.7%
27.8%
6.5%
30.1%
53.0%
44.8%
56.8%
10.5%
10.5%
26.1%
30.0%
13.1%
13.4%
17.6%
21.5%
33.8%
34.2%
30.9%
26.6%
40.1%
17.6%
45.2%
20.2%
48.4%
33.6%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

1989

1990

1991

1992

Month
Jan 1989
Feb 1989
Mar 1989
Apr 1989
May 1989
Jun 1989
Jul 1989
Aug 1989
Sep 1989
Oct 1989
Nov 1989
Dec 1989
Jan 1990
Feb 1990
Mar 1990
Apr 1990
May 1990
Jun 1990
Jul 1990
Aug 1990
Sep 1990
Oct 1990
Nov 1990
Dec 1990
Jan 1991
Feb 1991
Mar 1991
Apr 1991
May 1991
Jun 1991
Jul 1991
Aug 1991
Sep 1991
Oct 1991
Nov 1991
Dec 1991
Jan 1992
Feb 1992
Mar 1992
Apr 1992
May 1992
Jun 1992
Jul 1992
Aug 1992
Sep 1992
Oct 1992
Nov 1992
Dec 1992

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$129,483
$135,140
$132,847
$136,575
$139,117
$138,174
$145,867
$144,304
$142,263
$144,504
$144,643
$142,215
$141,519
$144,965
$141,132
$145,707
$146,060
$147,523
$144,931
$145,204
$141,080
$141,350
$143,282
$136,050
$141,270
$138,990
$144,551
$150,138
$147,136
$145,752
$145,670
$147,180
$146,590
$145,610
$145,230
$146,520
$144,790
$145,280
$148,830
$149,190
$146,540
$146,990
$145,590
$147,840
$140,770
$146,160
$146,130
$141,180

MonthMonth
% Change
2.5%
4.4%
-1.7%
2.8%
1.9%
-0.7%
5.6%
-1.1%
-1.4%
1.6%
0.1%
-1.7%
-0.5%
2.4%
-2.6%
3.2%
0.2%
1.0%
-1.8%
0.2%
-2.8%
0.2%
1.4%
-5.0%
3.8%
-1.6%
4.0%
3.9%
-2.0%
-0.9%
-0.1%
1.0%
-0.4%
-0.7%
-0.3%
0.9%
-1.2%
0.3%
2.4%
0.2%
-1.8%
0.3%
-1.0%
1.5%
-4.8%
3.8%
0.0%
-3.4%

17

Year-toYear
% Change
13.7%
13.7%
10.4%
18.9%
14.5%
12.4%
19.0%
13.2%
12.4%
11.3%
14.5%
12.6%
9.3%
7.3%
6.2%
6.7%
5.0%
6.8%
-0.6%
0.6%
-0.8%
-2.2%
-0.9%
-4.3%
-0.2%
-4.1%
2.4%
3.0%
0.7%
-1.2%
0.5%
1.4%
3.9%
3.0%
1.4%
7.7%
2.5%
4.5%
3.0%
-0.6%
-0.4%
0.8%
-0.1%
0.4%
-4.0%
0.4%
0.6%
-3.6%

Sales
MonthMonth
% Change
-3.9%
-22.8%
53.9%
-10.8%
16.4%
-0.9%
-16.3%
23.6%
-3.7%
-1.1%
-13.4%
-14.2%
-6.4%
-9.2%
54.4%
-9.9%
9.5%
-8.8%
2.9%
4.2%
-22.0%
3.9%
-17.1%
-12.9%
-7.1%
-12.2%
57.1%
30.9%
9.9%
-17.2%
11.4%
-13.7%
-16.5%
10.1%
-23.2%
5.4%
-2.0%
-12.6%
54.3%
12.8%
-13.3%
-3.5%
-17.2%
-17.6%
-5.7%
8.8%
-13.1%
19.6%

Sales
Year-toYear
% Change
81.3%
37.5%
33.8%
16.8%
20.6%
11.9%
0.4%
26.9%
-2.2%
23.5%
6.8%
-10.8%
-10.8%
4.4%
0.0%
-3.3%
-9.9%
-16.9%
5.5%
-9.3%
-27.0%
-23.3%
-31.0%
-31.0%
-32.0%
-33.7%
-32.3%
-2.1%
-2.6%
-11.7%
-2.4%
-20.0%
-13.3%
-8.3%
-10.0%
8.8%
14.8%
15.0%
13.0%
-2.6%
-23.4%
-10.6%
-33.8%
-26.7%
-17.3%
-18.3%
-7.6%
4.8%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

1993

1994

1995

1996

Month
Jan 1993
Feb 1993
Mar 1993
Apr 1993
May 1993
Jun 1993
Jul 1993
Aug 1993
Sep 1993
Oct 1993
Nov 1993
Dec 1993
Jan 1994
Feb 1994
Mar 1994
Apr 1994
May 1994
Jun 1994
Jul 1994
Aug 1994
Sep 1994
Oct 1994
Nov 1994
Dec 1994
Jan 1995
Feb 1995
Mar 1995
Apr 1995
May 1995
Jun 1995
Jul 1995
Aug 1995
Sep 1995
Oct 1995
Nov 1995
Dec 1995
Jan 1996
Feb 1996
Mar 1996
Apr 1996
May 1996
Jun 1996
Jul 1996
Aug 1996
Sep 1996
Oct 1996
Nov 1996
Dec 1996

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$140,450
$142,580
$144,060
$144,480
$144,170
$143,900
$141,980
$147,780
$147,090
$141,700
$147,770
$146,320
$143,720
$143,960
$145,020
$145,710
$148,380
$152,270
$140,430
$142,440
$144,920
$143,510
$142,440
$140,160
$139,190
$135,710
$137,120
$139,600
$140,260
$141,630
$138,570
$136,820
$138,540
$132,170
$136,650
$133,660
$135,204
$134,760
$133,760
$134,980
$135,710
$134,300
$133,540
$131,820
$131,200
$132,670
$132,440
$126,860

MonthMonth
% Change
-0.5%
1.5%
1.0%
0.3%
-0.2%
-0.2%
-1.3%
4.1%
-0.5%
-3.7%
4.3%
-1.0%
-1.8%
0.2%
0.7%
0.5%
1.8%
2.6%
-7.8%
1.4%
1.7%
-1.0%
-0.7%
-1.6%
-0.7%
-2.5%
1.0%
1.8%
0.5%
1.0%
-2.2%
-1.3%
1.3%
-4.6%
3.4%
-2.2%
1.2%
-0.3%
-0.7%
0.9%
0.5%
-1.0%
-0.6%
-1.3%
-0.5%
1.1%
-0.2%
-4.2%

18

Year-toYear
% Change
-3.0%
-1.9%
-3.2%
-3.2%
-1.6%
-2.1%
-2.5%
0.0%
4.5%
-3.1%
1.1%
3.6%
2.3%
1.0%
0.7%
0.9%
2.9%
5.8%
-1.1%
-3.6%
-1.5%
1.3%
-3.6%
-4.2%
-3.2%
-5.7%
-5.4%
-4.2%
-5.5%
-7.0%
-1.3%
-3.9%
-4.4%
-7.9%
-4.1%
-4.6%
-2.9%
-0.7%
-2.5%
-3.3%
-3.2%
-5.2%
-3.6%
-3.7%
-5.3%
0.4%
-3.1%
-5.1%

Sales
MonthMonth
% Change
-35.1%
-2.1%
25.3%
7.2%
1.3%
4.0%
-1.0%
0.5%
-4.7%
-7.2%
-2.8%
19.6%
-10.1%
-10.7%
51.2%
2.1%
4.5%
-10.6%
-17.5%
18.8%
-10.6%
-3.2%
-1.8%
-3.3%
-21.5%
-10.9%
41.6%
-11.2%
20.0%
3.1%
-5.3%
21.1%
-7.1%
0.8%
-12.9%
11.5%
-21.0%
12.0%
46.5%
13.6%
8.3%
-7.3%
-3.7%
5.0%
-26.3%
10.2%
-13.2%
-11.0%

Sales
Year-toYear
% Change
-30.5%
-12.0%
-32.0%
-36.8%
-26.2%
-20.6%
-17.2%
-16.8%
-1.3%
-13.7%
-4.8%
-5.2%
44.1%
11.5%
13.4%
12.8%
22.0%
17.6%
8.5%
24.3%
-4.0%
1.3%
11.8%
-13.9%
-15.9%
-14.5%
-18.2%
-28.6%
-23.1%
-16.2%
-18.1%
0.5%
-7.1%
7.5%
0.8%
7.3%
14.2%
52.5%
34.6%
70.1%
45.9%
25.1%
42.7%
19.6%
8.0%
37.6%
32.2%
15.5%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

1997

1998

1999

2000

Month
Jan 1997
Feb 1997
Mar 1997
Apr 1997
May 1997
Jun 1997
Jul 1997
Aug 1997
Sep 1997
Oct 1997
Nov 1997
Dec 1997
Jan 1998
Feb 1998
Mar 1998
Apr 1998
May 1998
Jun 1998
Jul 1998
Aug 1998
Sep 1998
Oct 1998
Nov 1998
Dec 1998
Jan 1999
Feb 1999
Mar 1999
Apr 1999
May 1999
Jun 1999
Jul 1999
Aug 1999
Sep 1999
Oct 1999
Nov 1999
Dec 1999
Jan 2000
Feb 2000
Mar 2000
Apr 2000
May 2000
Jun 2000
Jul 2000
Aug 2000
Sep 2000
Oct 2000
Nov 2000
Dec 2000

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$131,060
$127,670
$133,940
$138,460
$134,990
$138,870
$137,660
$140,670
$152,150
$142,680
$147,680
$141,840
$144,710
$150,550
$151,660
$149,410
$157,910
$155,680
$156,200
$154,690
$155,480
$152,480
$157,890
$154,860
$152,330
$164,460
$173,310
$164,140
$166,120
$170,200
$169,170
$169,980
$170,300
$163,690
$171,440
$170,250
$173,280
$173,780
$176,500
$182,680
$183,710
$186,390
$186,480
$195,630
$195,310
$198,660
$197,710
$190,240

MonthMonth
% Change
3.3%
-2.6%
4.9%
3.4%
-2.5%
2.9%
-0.9%
2.2%
8.2%
-6.2%
3.5%
-4.0%
2.0%
4.0%
0.7%
-1.5%
5.7%
-1.4%
0.3%
-1.0%
0.5%
-1.9%
3.5%
-1.9%
-1.6%
8.0%
5.4%
-5.3%
1.2%
2.5%
-0.6%
0.5%
0.2%
-3.9%
4.7%
-0.7%
1.8%
0.3%
1.6%
3.5%
0.6%
1.5%
0.0%
4.9%
-0.2%
1.7%
-0.5%
-3.8%

19

Year-toYear
% Change
-3.1%
-5.3%
0.1%
2.6%
-0.5%
3.4%
3.1%
6.7%
16.0%
7.5%
11.5%
11.8%
10.4%
17.9%
13.2%
7.9%
17.0%
12.1%
13.5%
10.0%
2.2%
6.9%
6.9%
9.2%
5.3%
9.2%
14.3%
9.9%
5.2%
9.3%
8.3%
9.9%
9.5%
7.4%
8.6%
9.9%
13.8%
5.7%
1.8%
11.3%
10.6%
9.5%
10.2%
15.1%
14.7%
21.4%
15.3%
11.7%

Sales
MonthMonth
% Change
-11.0%
-0.1%
40.9%
17.2%
1.8%
1.4%
-2.2%
2.2%
4.0%
-6.2%
-17.3%
14.5%
-21.5%
-2.3%
51.4%
23.8%
9.5%
3.8%
11.0%
-9.0%
-6.7%
-9.9%
-12.4%
14.5%
-13.8%
6.2%
53.6%
3.3%
-10.3%
11.7%
-6.3%
-1.8%
0.5%
-7.8%
-10.5%
13.1%
-28.9%
16.3%
44.1%
-7.9%
5.3%
2.1%
-10.7%
8.7%
-3.8%
-4.0%
-9.5%
-9.1%

Sales
Year-toYear
% Change
15.5%
14.9%
12.7%
19.7%
13.6%
17.6%
22.4%
6.8%
41.8%
7.7%
27.4%
38.5%
24.5%
17.4%
30.5%
42.1%
31.3%
34.8%
33.6%
24.8%
9.0%
-2.5%
9.3%
12.8%
17.0%
20.0%
21.7%
20.5%
-1.2%
10.9%
2.1%
8.8%
18.3%
17.4%
18.1%
19.6%
1.7%
15.6%
8.5%
8.2%
8.0%
-7.8%
-8.6%
6.7%
3.2%
5.9%
7.7%
-18.0%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

2001

2002

2003

2004

Month
Jan 2001
Feb 2001
Mar 2001
Apr 2001
May 2001
Jun 2001
Jul 2001
Aug 2001
Sep 2001
Oct 2001
Nov 2001
Dec 2001
Jan 2002
Feb 2002
Mar 2002
Apr 2002
May 2002
Jun 2002
Jul 2002
Aug 2002
Sep 2002
Oct 2002
Nov 2002
Dec 2002
Jan 2003
Feb 2003
Mar 2003
Apr 2003
May 2003
Jun 2003
Jul 2003
Aug 2003
Sep 2003
Oct 2003
Nov 2003
Dec 2003
Jan 2004
Feb 2004
Mar 2004
Apr 2004
May 2004
Jun 2004
Jul 2004
Aug 2004
Sep 2004
Oct 2004
Nov 2004
Dec 2004

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$197,920
$198,470
$207,620
$198,620
$204,050
$205,710
$205,880
$202,720
$207,350
$204,330
$206,410
$214,100
$220,230
$224,840
$235,470
$238,450
$241,190
$242,170
$248,890
$231,710
$248,790
$248,470
$256,060
$253,560
$254,400
$262,770
$265,220
$277,720
$282,580
$288,490
$289,160
$295,770
$301,410
$296,040
$300,610
$310,050
$303,060
$316,520
$335,370
$351,350
$366,320
$374,950
$368,990
$370,700
$369,380
$372,600
$378,170
$391,050

MonthMonth
% Change
4.0%
0.3%
4.6%
-4.3%
2.7%
0.8%
0.1%
-1.5%
2.3%
-1.5%
1.0%
3.7%
2.9%
2.1%
4.7%
1.3%
1.1%
0.4%
2.8%
-6.9%
7.4%
-0.1%
3.1%
-1.0%
0.3%
3.3%
0.9%
4.7%
1.7%
2.1%
0.2%
2.3%
1.9%
-1.8%
1.5%
3.1%
-2.3%
4.4%
6.0%
4.8%
4.3%
2.4%
-1.6%
0.5%
-0.4%
0.9%
1.5%
3.4%

20

Year-toYear
% Change
14.2%
14.2%
17.6%
8.7%
11.1%
10.4%
10.4%
3.6%
6.2%
2.9%
4.4%
12.5%
11.3%
13.3%
13.4%
20.1%
18.2%
17.7%
20.9%
14.3%
20.0%
21.6%
24.1%
18.4%
15.5%
16.9%
12.6%
16.5%
17.2%
19.1%
16.2%
27.6%
21.2%
19.1%
17.4%
22.3%
19.1%
20.5%
26.4%
26.5%
29.6%
30.0%
27.6%
25.3%
22.6%
25.9%
25.8%
26.1%

Sales
MonthMonth
% Change
-21.8%
2.6%
57.7%
-5.7%
10.6%
0.2%
-4.2%
15.7%
-25.7%
2.6%
-14.9%
7.0%
-1.7%
8.8%
42.4%
5.1%
5.1%
-14.7%
1.3%
1.3%
-15.3%
9.3%
-15.5%
14.7%
-19.4%
-3.1%
38.7%
6.8%
4.9%
-2.9%
6.5%
6.5%
-9.8%
1.0%
-17.8%
8.6%
-20.3%
2.3%
41.3%
5.9%
-5.0%
12.1%
-12.5%
-4.7%
-5.8%
-5.5%
-4.2%
9.1%

Sales
Year-toYear
% Change
-0.5%
-13.4%
-5.6%
-7.8%
-4.5%
-4.9%
-1.6%
4.3%
-18.3%
-13.3%
-26.2%
-4.5%
22.1%
11.7%
38.5%
35.1%
28.6%
8.8%
15.8%
0.3%
13.4%
22.1%
17.4%
24.0%
1.3%
-13.4%
-9.4%
-6.2%
-6.8%
5.1%
11.8%
16.6%
25.4%
19.2%
16.4%
10.8%
7.9%
14.0%
20.1%
20.5%
7.7%
22.8%
0.6%
-10.7%
-9.6%
-13.7%
1.1%
2.0%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

2005

2006

2007

2008

Month
Jan 2005
Feb 2005
Mar 2005
Apr 2005
May 2005
Jun 2005
Jul 2005
Aug 2005
Sep 2005
Oct 2005
Nov 2005
Dec 2005
Jan 2006
Feb 2006
Mar 2006
Apr 2006
May 2006
Jun 2006
Jul 2006
Aug 2006
Sep 2006
Oct 2006
Nov 2006
Dec 2006
Jan 2007
Feb 2007
Mar 2007
Apr 2007
May 2007
Jun 2007
Jul 2007
Aug 2007
Sep 2007
Oct 2007
Nov 2007
Dec 2007
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$375,800
$385,400
$397,040
$406,840
$419,720
$425,260
$426,250
$433,360
$425,290
$429,000
$434,130
$430,820
$430,270
$433,290
$430,610
$432,200
$432,560
$430,130
$424,390
$434,470
$424,970
$425,180
$424,150
$421,440
$421,260
$431,230
$439,950
$445,760
$446,070
$448,550
$440,220
$429,330
$412,040
$422,620
$410,960
$389,760
$371,190
$367,540
$361,120
$363,660
$360,850
$330,500
$338,960
$304,220
$288,930
$277,590
$242,670
$242,320

MonthMonth
% Change
-3.9%
2.6%
3.0%
2.5%
3.2%
1.3%
0.2%
1.7%
-1.9%
0.9%
1.2%
-0.8%
-0.1%
0.7%
-0.6%
0.4%
0.1%
-0.6%
-1.3%
2.4%
-2.2%
0.0%
-0.2%
-0.6%
0.0%
2.4%
2.0%
1.3%
0.1%
0.6%
-1.9%
-2.5%
-4.0%
2.6%
-2.8%
-5.2%
-4.8%
-1.0%
-1.7%
0.7%
-0.8%
-8.4%
2.6%
-10.2%
-5.0%
-3.9%
-12.6%
-0.1%

21

Year-toYear
% Change
24.0%
21.8%
18.4%
15.8%
14.6%
13.4%
15.5%
16.9%
15.1%
15.1%
14.8%
10.2%
14.5%
12.4%
8.5%
6.2%
3.1%
1.1%
-0.4%
0.3%
-0.1%
-0.9%
-2.3%
-2.2%
-2.1%
-0.5%
2.2%
3.1%
3.1%
4.3%
3.7%
-1.2%
-3.0%
-0.6%
-3.1%
-7.5%
-11.9%
-14.8%
-17.9%
-18.4%
-19.1%
-26.3%
-23.0%
-29.1%
-29.9%
-34.3%
-41.0%
-37.8%

Sales
MonthMonth
% Change
-26.9%
3.0%
60.2%
7.9%
-3.3%
13.0%
-12.3%
6.7%
-11.1%
-13.7%
-7.8%
-6.3%
-25.8%
6.9%
48.8%
-6.8%
9.9%
-5.1%
-17.0%
8.3%
-14.3%
-6.6%
-1.8%
1.3%
-18.2%
13.0%
36.8%
-12.3%
6.1%
0.2%
-13.0%
-2.4%
-24.8%
-4.6%
-5.2%
0.2%
-24.4%
9.8%
28.8%
18.1%
7.0%
7.4%
15.6%
-3.1%
0.6%
6.9%
-26.2%
10.0%

Sales
Year-toYear
% Change
-5.5%
-5.9%
6.1%
7.8%
1.9%
4.2%
-1.3%
10.3%
4.5%
-5.2%
-8.9%
-21.7%
-20.6%
-17.7%
-23.0%
-28.8%
-18.5%
-28.5%
-32.4%
-31.6%
-33.4%
-28.0%
-23.1%
-18.1%
-9.9%
-6.5%
-13.5%
-19.4%
-23.5%
-19.9%
-15.4%
-23.7%
-31.1%
-31.9%
-34.7%
-35.6%
-40.1%
-41.7%
-45.1%
-27.7%
-23.1%
-17.3%
14.1%
8.0%
49.4%
65.3%
24.8%
41.8%

May 2013

California Existing Condominium


Monthly Median Sales Price and Monthly Sales Activity
1981 - 2012

2009

2010

2011

2012

Month
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

CALIFORNIA ASSOCIATION OF REALTORS

Median Price
$226,360
$228,460
$222,770
$227,320
$238,780
$263,190
$259,710
$260,430
$270,170
$267,520
$271,920
$270,300
$254,540
$249,010
$263,310
$257,950
$270,470
$260,870
$253,150
$252,750
$248,050
$243,540
$243,370
$240,970
$226,840
$235,790
$232,270
$237,420
$233,390
$232,230
$228,470
$224,640
$221,440
$227,270
$221,110
$221,700
$212,230
$216,520
$235,710
$239,820
$243,670
$248,270
$250,210
$258,700
$264,880
$267,010
$278,520
$273,000

MonthMonth
% Change
-6.6%
0.9%
-2.5%
2.0%
5.0%
10.2%
-1.3%
0.3%
3.7%
-1.0%
1.6%
-0.6%
-5.8%
-2.2%
5.7%
-2.0%
4.9%
-3.5%
-3.0%
-0.2%
-1.9%
-1.8%
-0.1%
-1.0%
-5.9%
3.9%
-1.5%
2.2%
-1.7%
-0.5%
-1.6%
-1.7%
-1.4%
2.6%
-2.7%
0.3%
-4.3%
2.0%
8.9%
1.7%
1.6%
1.9%
0.8%
3.4%
2.4%
0.8%
4.3%
-2.0%

22

Year-toYear
% Change
-39.0%
-37.8%
-38.3%
-37.5%
-33.8%
-20.4%
-23.4%
-14.4%
-6.5%
-3.6%
12.1%
11.5%
12.4%
9.0%
18.2%
13.5%
13.3%
-0.9%
-2.5%
-2.9%
-8.2%
-9.0%
-10.5%
-10.9%
-10.9%
-5.3%
-11.8%
-8.0%
-13.7%
-11.0%
-9.7%
-11.1%
-10.7%
-6.7%
-9.1%
-8.0%
-6.4%
-8.2%
1.5%
1.0%
4.4%
6.9%
9.5%
15.2%
19.6%
17.5%
26.0%
23.1%

Sales
MonthMonth
% Change
-23.0%
-0.2%
49.2%
6.3%
-4.8%
12.2%
4.7%
-8.2%
2.2%
5.5%
-14.8%
11.5%
-19.1%
0.4%
-1.3%
31.1%
17.5%
-2.0%
-16.7%
0.1%
-5.9%
-6.2%
-4.4%
17.9%
-3.4%
-17.3%
38.5%
9.0%
-13.4%
7.1%
-12.5%
10.9%
-16.3%
-1.3%
-0.5%
13.8%
-23.3%
12.5%
27.6%
-1.5%
7.5%
-2.8%
-5.7%
10.6%
-19.0%
12.2%
-7.4%
5.9%

Sales
Year-toYear
% Change
44.3%
31.2%
51.9%
36.7%
21.6%
27.0%
15.0%
9.0%
10.8%
9.4%
26.3%
28.1%
34.6%
35.5%
1.2%
24.8%
36.5%
19.2%
-5.1%
3.5%
-4.7%
-15.3%
-4.9%
0.5%
19.8%
-1.3%
38.5%
15.1%
-15.1%
-7.2%
-2.5%
8.0%
-3.9%
1.0%
5.1%
1.5%
1.2%
9.3%
0.7%
4.0%
12.3%
1.6%
10.3%
10.2%
6.3%
20.2%
13.0%
4.7%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Alameda
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$227,580
$229,890
$223,200
$217,370
$210,010
$207,880
$215,490
$230,800
$256,770
$289,200
$371,850
$399,520
$447,290
$477,220
$580,360
$661,420
$680,800
$687,280
$519,510
$430,210
$488,610
$461,750
$488,320

% Chg
Price
1.8%
1.0%
-2.9%
-2.6%
-3.4%
-1.0%
3.7%
7.1%
11.3%
12.6%
28.6%
7.4%
12.0%
6.7%
21.6%
14.0%
2.9%
1.0%
-24.4%
-17.2%
13.6%
-5.5%
5.8%

CALIFORNIA ASSOCIATION OF REALTORS

Amador
% Chg
Sales
-24.2%
12.0%
2.7%
-3.3%
19.3%
-11.9%
12.8%
11.9%
0.5%
33.2%
-2.5%
-20.9%
21.8%
6.9%
-1.7%
-11.0%
-13.3%
-28.6%
-0.9%
7.6%
-10.0%
0.2%
10.4%

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
$279,750
$352,870
$363,850
$333,740
$274,260
$199,500
$180,280
$155,960
$169,460

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
26.1%
3.1%
-8.3%
-17.8%
-27.3%
-9.6%
-13.5%
8.7%

23

Butte
% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-2.0%
-31.9%
-9.2%
-19.9%
12.6%
5.3%
22.8%
25.9%

Median
Price
$112,840
$119,600
$118,830
$116,000
$118,180
$116,180
$116,780
$115,850
$120,170
$125,000
$134,000
$150,890
$178,390
$222,520
$261,700
$318,150
$326,630
$307,770
$271,530
$245,920
$234,860
$203,920
$211,700

% Chg
Price
26.5%
6.0%
-0.6%
-2.4%
1.9%
-1.7%
0.5%
-0.8%
3.7%
4.0%
7.2%
12.6%
18.2%
24.7%
17.6%
21.6%
2.7%
-5.8%
-11.8%
-9.4%
-4.5%
-13.2%
3.8%

% Chg
Sales
-36.4%
-5.2%
14.6%
-2.8%
-4.1%
3.5%
20.7%
4.6%
26.5%
15.1%
-2.9%
-1.8%
0.8%
-7.8%
24.6%
-26.5%
-17.6%
-2.8%
-18.9%
9.5%
-0.8%
10.8%
13.7%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Contra Costa
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$238,200
$251,050
$272,790
$283,370
$291,390
$294,080
$297,790
$313,330
$338,510
$381,800
$469,760
$501,570
$570,850
$611,580
$654,470
$689,220
$828,530
$852,110
$698,840
$605,810
$644,100
$578,010
$628,280

% Chg
Price
1.2%
5.4%
8.7%
3.9%
2.8%
0.9%
1.3%
5.2%
8.0%
12.8%
23.0%
6.8%
13.8%
7.1%
7.0%
5.3%
20.2%
2.8%
-18.0%
-13.3%
6.3%
-10.3%
8.7%

CALIFORNIA ASSOCIATION OF REALTORS

Fresno
% Chg
Sales
-19.8%
6.5%
-10.7%
-12.9%
5.0%
-10.9%
16.3%
15.8%
1.0%
20.6%
-12.3%
-19.9%
25.0%
2.6%
-5.1%
-15.8%
-16.1%
-19.3%
-11.4%
23.0%
15.7%
7.9%
13.3%

Median
Price
$89,500
$97,460
$99,100
$98,890
$102,590
$98,130
$94,540
$98,150
$99,170
$100,070
$104,480
$120,560
$142,730
$176,300
$232,190
$289,260
$293,930
$278,210
$195,790
$145,250
$151,380
$136,790
$146,070

24

% Chg
Price
8.0%
8.9%
1.7%
-0.2%
3.7%
-4.3%
-3.7%
3.8%
1.0%
0.9%
4.4%
15.4%
18.4%
23.5%
31.7%
24.6%
1.6%
-5.3%
-29.6%
-25.8%
4.2%
-9.6%
6.8%

Humboldt
% Chg
Sales
15.6%
-11.2%
12.7%
1.9%
11.4%
-12.9%
12.7%
1.3%
26.4%
17.4%
2.1%
3.4%
0.4%
10.8%
8.1%
10.0%
-24.6%
-26.2%
55.1%
40.6%
-10.3%
9.3%
-9.0%

Median
Price
$88,090
$101,290
$108,130
$112,390
$111,750
$115,610
$109,800
$118,250
$118,180
$124,710
$130,840
$141,690
$168,910
$205,460
$238,060
$313,930
$323,120
$321,470
$294,400
$266,120
$253,680
$236,300
$230,860

% Chg
Price
9.5%
15.0%
6.8%
3.9%
-0.6%
3.5%
-5.0%
7.7%
-0.1%
5.5%
4.9%
8.3%
19.2%
21.6%
15.9%
31.9%
2.9%
-0.5%
-8.4%
-9.6%
-4.7%
-6.9%
-2.3%

% Chg
Sales
-11.7%
-3.9%
14.5%
1.2%
8.3%
-8.0%
-3.0%
4.5%
14.4%
9.5%
7.2%
2.1%
9.5%
1.4%
1.5%
-8.5%
-12.9%
-10.9%
-20.8%
2.7%
-3.6%
5.9%
15.8%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Kern
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$86,670
$91,310
$91,670
$90,820
$88,670
$88,180
$89,300
$89,830
$90,250
$88,450
$89,160
$101,330
$118,650
$143,760
$186,510
NA
NA
NA
NA
NA
NA
NA
NA

% Chg
Price
5.7%
5.4%
0.4%
-0.9%
-2.4%
-0.6%
1.3%
0.6%
0.5%
-2.0%
0.8%
13.6%
17.1%
21.2%
29.7%
NA
NA
NA
NA
NA
NA
NA
NA

CALIFORNIA ASSOCIATION OF REALTORS

Kings
% Chg
Sales
20.0%
-3.8%
-21.6%
-7.7%
-1.3%
4.0%
15.3%
4.1%
16.4%
21.2%
19.3%
3.2%
-2.1%
11.5%
20.9%
-1.7%
-20.3%
-36.8%
84.3%
30.9%
-12.0%
0.4%
-10.8%

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
$250,780
$238,460
$204,680
$166,800
$170,110
$138,820
$146,170

25

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-4.9%
-14.2%
-18.5%
2.0%
-18.4%
5.3%

Lake
% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-30.7%
11.3%
19.3%
-4.0%
26.8%
13.5%

Median
Price
NA
NA
NA
NA
$97,220
$97,940
$95,470
$93,390
$95,890
$108,520
$124,870
$138,200
$168,260
$208,130
$261,820
$302,770
$310,420
$281,070
$208,780
$156,270
$132,190
$108,520
$122,500

% Chg
Price
NA
NA
NA
NA
NA
0.7%
-2.5%
-2.2%
2.7%
13.2%
15.1%
10.7%
21.8%
23.7%
25.8%
15.6%
2.5%
-9.5%
-25.7%
-25.2%
-15.4%
-17.9%
12.9%

% Chg
Sales
NA
NA
NA
NA
NA
-13.7%
-5.9%
48.9%
6.0%
22.7%
44.6%
-20.4%
5.5%
-0.8%
14.7%
-1.6%
-34.4%
-25.6%
6.0%
31.7%
11.2%
10.6%
5.1%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990-2012

Los Angeles County


Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$209,870
$214,220
$207,990
$195,700
$193,750
$173,960
$171,100
$173,990
$188,140
$199,500
$216,020
$242,430
$287,180
$348,410
$435,950
$517,850
$577,150
$589,170
$382,710
$299,270
$323,290
$307,660
$327,470

% Chg
Price
-2.3%
2.1%
-2.9%
-5.9%
-1.0%
-10.2%
-1.6%
1.7%
8.1%
6.0%
8.3%
12.2%
18.5%
21.3%
25.1%
18.8%
11.5%
2.1%
-35.0%
-21.8%
8.0%
-4.8%
6.4%

CALIFORNIA ASSOCIATION OF REALTORS

Madera
% Chg
Sales
-20.5%
0.5%
-7.2%
-1.1%
20.9%
-2.8%
18.6%
13.4%
12.1%
2.2%
3.9%
3.2%
7.1%
2.2%
-2.9%
5.2%
-20.5%
-35.6%
29.2%
24.9%
-12.0%
-4.9%
6.6%

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
$197,760
$147,470
$142,680
$128,520
$122,320

26

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-25.4%
-3.2%
-9.9%
-4.8%

Marin
% Chg
Median
Sales
Price
NA
$356,800
NA
$348,040
NA
$338,000
NA
$333,420
NA
$347,230
NA
$344,600
NA
$364,840
NA
$380,930
NA
$431,810
NA
$518,770
NA
$643,250
NA
$673,510
NA
$715,010
NA
$738,880
NA
$871,700
NA
$976,720
NA
$965,080
NA $1,037,540
NA
$962,190
42.0%
$778,290
-28.9%
$810,880
-30.9%
$758,040
-37.4%
$784,320

% Chg
Price
19.4%
-2.5%
-2.9%
-1.4%
4.1%
-0.8%
5.9%
4.4%
13.4%
20.1%
24.0%
4.7%
6.2%
3.3%
18.0%
12.0%
-1.2%
7.5%
-7.3%
-19.1%
4.2%
-6.5%
3.5%

% Chg
Sales
-21.5%
8.3%
21.4%
7.6%
7.0%
-13.0%
19.0%
21.9%
-0.5%
1.9%
-14.5%
-18.7%
22.5%
6.5%
2.3%
-8.5%
-15.3%
-8.1%
-21.5%
6.1%
10.7%
2.9%
23.7%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Mendocino
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$138,230
$140,440
$131,940
$132,760
$133,090
$132,110
$132,570
$138,870
$137,530
$147,590
$166,210
$200,750
$233,420
$281,730
$341,160
$387,120
$425,630
$433,770
$346,150
$258,570
$253,570
$205,620
$225,530

% Chg
Price
19.5%
1.6%
-6.1%
0.6%
0.2%
-0.7%
0.3%
4.8%
-1.0%
7.3%
12.6%
20.8%
16.3%
20.7%
21.1%
13.5%
9.9%
1.9%
-20.2%
-25.3%
-1.9%
-18.9%
9.7%

CALIFORNIA ASSOCIATION OF REALTORS

Merced
% Chg
Sales
-21.7%
-24.4%
52.9%
6.3%
11.2%
-9.6%
8.5%
4.6%
0.5%
13.7%
-1.1%
6.0%
7.1%
-3.0%
26.0%
-9.9%
-5.1%
-17.6%
-28.2%
37.3%
4.3%
11.9%
14.3%

Median
Price
$93,440
$102,190
$103,580
$97,550
$94,670
$94,060
$92,420
$92,420
$97,740
$103,150
$109,760
$132,610
$157,640
$193,080
$232,210
$310,200
$312,230
$263,620
$148,710
$107,120
$113,230
$113,330
$122,480

27

% Chg
Price
19.4%
9.4%
1.4%
-5.8%
-3.0%
-0.6%
-1.7%
0.0%
5.8%
5.5%
6.4%
20.8%
18.9%
22.5%
20.3%
33.6%
0.7%
-15.6%
-43.6%
-28.0%
5.7%
0.1%
8.1%

Monterey
% Chg
Sales
-9.1%
-7.7%
0.8%
-1.3%
4.7%
-16.1%
-7.4%
-6.8%
17.9%
11.4%
12.2%
18.7%
20.9%
6.0%
40.7%
13.0%
-42.9%
-34.5%
174.3%
22.3%
-19.1%
-19.6%
-9.6%

Median
Price
$221,070
$219,780
$209,000
$207,290
$207,670
$208,470
$224,400
$246,070
$250,480
$291,330
$350,920
$362,290
$385,210
$444,340
$590,540
$680,740
$675,000
$680,000
$321,120
$225,000
$254,000
$260,000
$300,000

% Chg
Price
4.5%
-0.6%
-4.9%
-0.8%
0.2%
0.4%
7.6%
9.7%
1.8%
16.3%
20.5%
3.2%
6.3%
15.4%
32.9%
15.3%
-0.8%
0.7%
-52.8%
-29.9%
12.9%
2.4%
15.4%

% Chg
Sales
-16.8%
-10.5%
10.0%
0.0%
14.2%
180.7%
54.1%
10.9%
17.1%
2.5%
3.2%
-21.7%
40.4%
8.9%
12.9%
-2.6%
-36.6%
-33.5%
108.7%
45.8%
-21.9%
-8.2%
-8.4%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990-2012

Napa
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$182,320
$183,680
$189,720
$183,900
$186,150
$183,550
$180,000
$200,440
$205,600
$255,780
$301,490
$333,560
$383,050
$464,240
$545,700
$655,720
$677,910
$667,690
$452,900
$362,190
$362,460
$339,740
$370,910

% Chg
Price
12.2%
0.7%
3.3%
-3.1%
1.2%
-1.4%
-1.9%
11.4%
2.6%
24.4%
17.9%
10.6%
14.8%
21.2%
17.5%
20.2%
3.4%
-1.5%
-32.2%
-20.0%
0.1%
-6.3%
9.2%

CALIFORNIA ASSOCIATION OF REALTORS

Orange County
% Chg
Sales
16.4%
3.4%
8.5%
-6.3%
0.7%
-13.4%
20.7%
24.7%
19.9%
1.6%
-6.5%
-5.1%
17.0%
-3.9%
11.7%
-4.5%
-23.8%
-23.8%
13.8%
24.0%
1.0%
5.8%
13.2%

Median
Price
$238,500
$236,070
$230,760
$218,930
$211,810
$206,510
$210,270
$226,490
$257,950
$276,670
$316,730
$353,740
$408,640
$488,440
$642,580
$706,560
$732,520
$727,570
$540,650
$505,590
$546,380
$512,500
$542,700

28

% Chg
Price
0.2%
-1.0%
-2.2%
-5.1%
-3.3%
-2.5%
1.8%
7.7%
13.9%
7.3%
14.5%
11.7%
15.5%
19.5%
31.6%
10.0%
3.7%
-0.7%
-25.7%
-6.5%
8.1%
-6.2%
5.9%

Placer
% Chg
Sales
-21.5%
0.0%
14.1%
3.9%
16.3%
-15.1%
17.9%
9.2%
20.9%
-2.8%
5.7%
-2.7%
12.2%
1.8%
-17.1%
5.8%
-29.4%
-25.4%
26.2%
9.3%
-4.2%
-5.0%
19.0%

Median
Price
$189,590
$176,340
$174,110
$170,280
$166,190
$164,030
$162,230
$168,000
$175,590
$194,870
$224,160
$253,690
$287,780
$333,190
$411,360
$483,380
$470,500
$435,380
$349,290
$296,480
$285,530
$261,650
$284,230

% Chg
Price
16.7%
-7.0%
-1.3%
-2.2%
-2.4%
-1.3%
-1.1%
3.6%
4.5%
11.0%
15.0%
13.2%
13.4%
15.8%
23.5%
17.5%
-2.7%
-7.5%
-19.8%
-15.1%
-3.7%
-8.4%
8.6%

% Chg
Sales
-2.5%
-38.1%
39.7%
11.5%
2.0%
-17.5%
16.4%
18.6%
32.1%
23.9%
0.8%
-2.4%
18.1%
9.9%
17.2%
-5.3%
-25.3%
-11.4%
20.9%
1.0%
12.3%
12.4%
2.4%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Riverside
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$140,010
$141,700
$142,430
$137,360
$131,950
$123,880
$119,720
$123,070
$128,610
$138,770
$157,310
$178,050
$204,920
$255,180
$344,740
$399,320
$421,360
$396,120
$246,800
$182,600
$206,180
$200,550
$222,240

% Chg
Price
6.6%
1.2%
0.5%
-3.6%
-3.9%
-6.1%
-3.4%
2.8%
4.5%
7.9%
13.4%
13.2%
15.1%
24.5%
35.1%
15.8%
5.5%
-6.0%
-37.7%
-26.0%
12.9%
-2.7%
10.8%

CALIFORNIA ASSOCIATION OF REALTORS

Sacramento
% Chg
Sales
-8.0%
-14.5%
-8.1%
-1.7%
38.4%
-0.1%
32.0%
24.9%
-8.1%
12.0%
10.2%
6.9%
13.1%
9.5%
12.4%
12.7%
-23.7%
-37.1%
99.1%
20.3%
-19.2%
-1.4%
0.7%

Median
Price
$137,460
$137,580
$133,950
$129,240
$124,970
$119,480
$115,310
$116,260
$124,680
$131,500
$145,200
$173,150
$210,230
$247,350
$316,950
$375,760
$374,530
$342,760
$216,660
$180,540
$184,170
$166,060
$176,810

29

% Chg
Price
22.2%
0.1%
-2.6%
-3.5%
-3.3%
-4.4%
-3.5%
0.8%
7.2%
5.5%
10.4%
19.2%
21.4%
17.7%
28.1%
18.6%
-0.3%
-8.5%
-36.8%
-16.7%
2.0%
-9.8%
6.5%

San Benito
% Chg
Sales
13.4%
-22.4%
19.6%
8.9%
-3.4%
-17.4%
35.0%
12.0%
23.8%
17.0%
12.5%
-1.4%
4.6%
10.0%
15.9%
-9.4%
-32.9%
-25.7%
88.9%
3.5%
-12.8%
7.9%
-1.6%

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
$265,030
$346,300
$364,470
$372,700
$394,460
$498,170
$654,030
$647,700
$603,860
$321,280
$267,480
$287,880
$260,000
$280,000

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
30.7%
5.2%
2.3%
5.8%
26.3%
31.3%
-1.0%
-6.8%
-46.8%
-16.7%
7.6%
-9.7%
7.7%

% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-0.7%
-33.8%
46.8%
19.7%
17.6%
-16.5%
-38.2%
-41.7%
106.9%
21.2%
-16.6%
-1.2%
5.7%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

San Bernardino
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$119,370
$121,420
$119,720
$114,000
$107,850
$100,910
$98,480
$94,820
$110,910
$117,090
$118,840
$130,730
$144,930
$174,870
$240,480
$316,210
$345,160
$318,020
$193,070
$129,170
$138,790
$131,670
$140,410

% Chg
Price
13.8%
1.7%
-1.4%
-4.8%
-5.4%
-6.4%
-2.4%
-3.7%
17.0%
5.6%
1.5%
10.0%
10.9%
20.7%
37.5%
31.5%
9.2%
-7.9%
-39.3%
-33.1%
7.4%
-5.1%
6.6%

CALIFORNIA ASSOCIATION OF REALTORS

San Diego
% Chg
Sales
-10.2%
-17.4%
-18.2%
-9.1%
-2.1%
21.1%
29.3%
-8.8%
144.1%
8.9%
1.8%
1.0%
9.9%
2.9%
6.3%
7.4%
-27.0%
-47.2%
61.6%
49.8%
-23.0%
1.6%
-4.6%

Median
Price
$183,210
$187,510
$184,410
$177,390
$176,380
$172,670
$174,770
$185,210
$207,100
$231,620
$269,400
$298,610
$364,240
$424,880
$551,640
$604,250
$601,770
$588,700
$385,610
$359,500
$385,740
$370,300
$385,520

30

% Chg
Price
0.7%
2.3%
-1.7%
-3.8%
-0.6%
-2.1%
1.2%
6.0%
11.8%
11.8%
16.3%
10.8%
22.0%
16.6%
29.8%
9.5%
-0.4%
-2.2%
-34.5%
-6.8%
7.3%
-4.0%
4.1%

San Francisco
% Chg
Sales
-6.9%
-6.3%
6.6%
13.4%
9.8%
-20.2%
26.1%
19.7%
5.2%
2.5%
0.0%
-1.6%
19.9%
6.6%
0.9%
-5.7%
-21.0%
-20.8%
27.9%
12.3%
-6.7%
1.3%
17.1%

Median
Price
$285,920
$280,720
$272,340
$261,600
$259,560
$262,800
$271,570
$293,100
$339,700
$392,520
$503,550
$553,160
$594,710
$638,920
$714,040
$830,820
$846,220
$866,250
$753,320
$666,510
$691,540
$644,120
$705,810

% Chg
Price
2.1%
-1.8%
-3.0%
-3.9%
-0.8%
1.2%
3.3%
7.9%
15.9%
15.5%
28.3%
9.9%
7.5%
7.4%
11.8%
16.4%
1.9%
2.4%
-13.0%
-11.5%
3.8%
-6.9%
9.6%

% Chg
Sales
-24.4%
12.9%
11.7%
3.6%
1.4%
-17.9%
10.1%
25.7%
10.3%
-3.7%
-11.0%
-12.5%
14.5%
15.1%
10.2%
-3.5%
-9.7%
-20.4%
-4.5%
5.6%
-0.3%
3.4%
5.8%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

San Luis Obispo


Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$206,460
$195,460
$185,460
$186,800
$173,880
$166,800
$169,980
$183,460
$186,760
$215,210
$256,870
$291,520
$342,360
$392,070
$460,220
$568,750
$587,370
$579,300
$447,350
$385,370
$382,380
$361,680
$388,730

% Chg
Price
22.9%
-5.3%
-5.1%
0.7%
-6.9%
-4.1%
1.9%
7.9%
1.8%
15.2%
19.4%
13.5%
17.4%
14.5%
17.4%
23.6%
3.3%
-1.4%
-22.8%
-13.9%
-0.8%
-5.4%
7.5%

CALIFORNIA ASSOCIATION OF REALTORS

San Mateo
% Chg
Sales
-27.1%
-1.4%
4.1%
7.1%
21.0%
-21.6%
18.8%
10.1%
47.8%
4.7%
-2.0%
-21.5%
9.0%
-1.2%
2.2%
10.5%
-24.3%
-15.7%
4.2%
11.7%
-3.0%
20.0%
11.2%

Median
Price
NA
$328,310
$319,400
$305,340
$319,600
$317,890
$334,070
$373,780
$424,010
$482,330
$612,380
$616,370
$653,250
$674,720
$771,400
$903,230
$868,000
$935,000
$800,000
$687,500
$720,500
$695,000
$750,000

31

% Chg
Price
NA
NA
-2.7%
-4.4%
4.7%
-0.5%
5.1%
11.9%
13.4%
13.8%
27.0%
0.7%
6.0%
3.3%
14.3%
17.1%
-3.9%
7.7%
-14.4%
-14.1%
4.8%
-3.5%
7.9%

Santa Barbara
% Chg
Sales
NA
NA
9.8%
4.5%
17.7%
-12.1%
23.8%
-0.4%
5.9%
14.9%
-11.4%
-16.8%
25.5%
8.6%
1.7%
-9.7%
-15.4%
-16.8%
-6.5%
5.1%
7.7%
2.4%
9.1%

Median
Price
$239,400
$235,240
$238,970
$228,800
$237,600
$226,880
$231,070
$264,090
$255,150
$297,180
$329,550
$365,830
$410,330
$466,480
$601,490
$693,480
$755,950
$800,490
$427,950
$384,290
$445,370
$388,720
$472,440

% Chg
Price
-5.8%
-1.7%
1.6%
-4.3%
3.8%
-4.5%
1.8%
14.3%
-3.4%
16.5%
10.9%
11.0%
12.2%
13.7%
28.9%
15.3%
9.0%
5.9%
-46.5%
-10.2%
15.9%
-12.7%
21.5%

% Chg
Sales
-19.1%
-10.6%
10.5%
13.2%
10.9%
-19.7%
8.2%
12.5%
9.6%
9.2%
-0.2%
-10.0%
-0.5%
-3.3%
0.9%
-10.6%
-19.2%
-17.2%
15.6%
6.9%
-2.9%
6.0%
12.3%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Santa Clara
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$245,670
$239,610
$234,550
$233,610
$254,560
$255,260
$273,830
$316,250
$364,740
$398,000
$524,000
$525,000
$545,000
$550,000
$627,000
$735,000
$773,000
$836,780
$668,000
$530,000
$595,000
$570,000
$645,000

% Chg
Price
-2.4%
-2.5%
-2.1%
-0.4%
9.0%
0.3%
7.3%
15.5%
15.3%
9.1%
31.7%
0.2%
3.8%
0.9%
14.0%
17.2%
5.2%
8.3%
-20.2%
-20.7%
12.3%
-4.2%
13.2%

CALIFORNIA ASSOCIATION OF REALTORS

Santa Cruz
% Chg
Sales
-22.8%
12.1%
3.4%
-3.1%
32.7%
-11.5%
14.9%
-4.1%
4.3%
22.5%
-8.1%
-29.2%
35.5%
10.9%
17.6%
-11.8%
-23.2%
-23.0%
-0.3%
30.2%
-4.3%
-4.2%
6.2%

Median
Price
$252,830
$248,020
$240,950
$236,700
$232,500
$234,930
$239,390
$265,930
$301,150
$355,420
$446,720
$487,500
$517,120
$561,300
$637,910
$755,300
$745,000
$750,000
$585,000
$499,000
$520,000
$467,000
$509,500

32

% Chg
Price
5.7%
-1.9%
-2.9%
-1.8%
-1.8%
1.0%
1.9%
11.1%
13.2%
18.0%
25.7%
9.1%
6.1%
8.5%
13.6%
18.4%
-1.4%
0.7%
-22.0%
-14.7%
4.2%
-10.2%
9.1%

Shasta
% Chg
Sales
-29.4%
34.2%
23.8%
2.5%
18.3%
-20.2%
20.0%
15.9%
5.5%
1.6%
-5.2%
-26.0%
27.0%
5.7%
17.4%
-20.5%
-14.8%
-22.4%
-5.0%
22.6%
-9.6%
5.8%
17.9%

Median
Price
NA
NA
NA
NA
NA
NA
NA
$109,110
$112,800
$113,280
$119,070
$132,700
$154,830
$194,830
$236,250
$286,580
$296,490
$277,700
$229,200
$194,200
$177,340
$155,410
$163,270

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
3.4%
0.4%
5.1%
11.4%
16.7%
25.8%
21.3%
21.3%
3.5%
-6.3%
-17.5%
-15.3%
-8.7%
-12.4%
5.1%

% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
19.6%
18.0%
21.4%
9.2%
-1.1%
2.7%
8.2%
1.8%
-29.5%
-8.5%
-11.0%
5.1%
2.2%
14.7%
8.2%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Siskiyou
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
NA
NA
$87,500
$91,250
$81,110
$90,400
$91,000
$88,570
$99,700
$106,860
$108,300
$118,080
$136,170
$160,600
$192,380
$246,810
$244,600
$237,650
$212,240
$168,610
$160,400
$124,880
$130,480

% Chg
Price
NA
NA
NA
4.3%
-11.1%
11.5%
0.7%
-2.7%
12.6%
7.2%
1.3%
9.0%
15.3%
17.9%
19.8%
28.3%
-0.9%
-2.8%
-10.7%
-20.6%
-4.9%
-22.1%
4.5%

CALIFORNIA ASSOCIATION OF REALTORS

Solano
% Chg
Sales
NA
NA
NA
-7.9%
-60.0%
-12.6%
-5.9%
55.3%
24.5%
8.2%
10.3%
9.2%
-2.1%
-3.1%
12.3%
-4.5%
-25.9%
-14.9%
-32.7%
30.5%
10.8%
11.0%
12.4%

Median
Price
NA
NA
NA
NA
$150,400
$142,650
$136,420
$137,520
$148,130
$159,330
$194,610
$237,360
$271,620
$312,660
$380,900
$463,030
$476,470
$430,830
$276,880
$205,060
$211,740
$191,360
$199,180

33

% Chg
Price
NA
NA
NA
NA
NA
-5.2%
-4.4%
0.8%
7.7%
7.6%
22.1%
22.0%
14.4%
15.1%
21.8%
21.6%
2.9%
-9.6%
-35.7%
-25.9%
3.3%
-9.6%
4.1%

Sonoma
% Chg
Sales
NA
NA
NA
NA
NA
-0.2%
18.7%
122.8%
42.1%
13.8%
-2.4%
-15.2%
12.3%
1.3%
10.5%
-2.7%
-27.9%
-38.1%
79.8%
42.6%
-18.3%
3.1%
-3.1%

Median
Price
$181,120
$188,540
$198,890
$195,730
$193,560
$195,170
$187,370
$193,730
$222,080
$250,380
$318,190
$356,910
$380,270
$429,030
$499,080
$627,910
$622,950
$586,570
$390,160
$350,080
$363,120
$332,160
$358,160

% Chg
Price
10.0%
4.1%
5.5%
-1.6%
-1.1%
0.8%
-4.0%
3.4%
14.6%
12.7%
27.1%
12.2%
6.5%
12.8%
16.3%
25.8%
-0.8%
-5.8%
-33.5%
-10.3%
3.7%
-8.5%
7.8%

% Chg
Sales
-0.2%
-18.2%
-5.9%
6.3%
9.1%
-23.9%
32.2%
21.4%
10.2%
-3.2%
-10.0%
-14.4%
34.2%
-0.2%
4.0%
-5.5%
-24.8%
-23.6%
24.7%
9.6%
-8.2%
6.2%
15.0%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Tehama
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
$176,780
$151,050
$135,380
$116,040
$118,420

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
-14.6%
-10.4%
-14.3%
2.1%

CALIFORNIA ASSOCIATION OF REALTORS

Tulare
% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
6.8%
-6.1%
31.8%
-4.7%

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
$112,320
$134,190
$169,900
$243,970
$253,070
$235,030
$178,040
$134,270
$134,350
$120,600
$128,500

34

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
19.5%
26.6%
43.6%
3.7%
-7.1%
-24.2%
-24.6%
0.1%
-10.2%
6.6%

Tuolumne
% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
0.0%
5.7%
-0.5%
-0.2%
-26.3%
39.1%
37.0%
-3.5%
19.9%
-7.3%

Median
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
$237,320
$281,360
$350,330
$359,630
$336,610
$285,680
$226,890
$206,140
$164,530
$172,350

% Chg
Price
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
18.6%
24.5%
2.7%
-6.4%
-15.1%
-20.6%
-9.1%
-20.2%
4.8%

% Chg
Sales
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
16.9%
-8.9%
-23.8%
-13.9%
-20.5%
15.9%
6.4%
28.7%
12.3%

May 2013

California Counties, Existing Single-Family Home


Annual Median Sales Price and % Change in Sales 1990 - 2012

Ventura County
Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

Median
Price
$238,790
$234,930
$225,680
$212,470
$207,350
$199,910
$206,200
$219,300
$232,220
$254,950
$295,080
$322,560
$372,400
$462,520
$599,280
$668,140
$685,960
$673,940
$463,560
$416,770
$442,820
$418,270
$427,000

CALIFORNIA ASSOCIATION OF REALTORS

% Chg
Price
-3.6%
-1.6%
-3.9%
-5.9%
-2.4%
-3.6%
3.1%
6.4%
5.9%
9.8%
15.7%
9.3%
15.5%
24.2%
29.6%
11.5%
2.7%
-1.8%
-31.2%
-10.1%
6.3%
-5.5%
2.1%

% Chg
Sales
-30.0%
13.2%
-1.9%
17.6%
11.0%
-14.5%
3.2%
19.3%
22.9%
-8.2%
-9.8%
3.7%
15.2%
-2.7%
-11.2%
2.1%
-28.2%
-28.9%
12.1%
19.6%
-0.3%
3.4%
14.6%

35

May 2013

California Regions, Existing Single-Family Home


Annual Housing Affordability Index* 1984 - 2012

Region

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

23%

27%

30%

32%

29%

21%

23%

25%

32%

39%

California
Detached Homes

30%

35%

42%

44%

45%

37%

37%

41%

48%

53%

United States

Condominiums

38%

42%

47%

49%

52%

50%

51%

52%

57%

60%

Central Valley

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

38%

41%

46%

53%

High Desert

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

52%

53%

59%

64%

Los Angeles

17%

23%

26%

27%

26%

17%

19%

22%

28%

36%

Monterey Region

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

13%

17%

24%

29%

No. California

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

26%

33%

37%

42%

Northern Wine

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

23%

26%

31%

37%

Orange County

20%

25%

31%

29%

29%

20%

22%

26%

35%

44%

Palm Springs/Lower Desert

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

36%

38%

42%

48%

Riverside/San Bernardino

34%

39%

43%

47%

49%

39%

37%

41%

47%

53%

Sacramento

38%

44%

49%

52%

53%

44%

35%

39%

47%

54%

San Diego

24%

27%

30%

31%

34%

22%

23%

27%

34%

41%

San Francisco Bay Area

14%

15%

16%

18%

25%

15%

17%

20%

27%

34%

San Luis Obispo

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

15%

21%

29%

34%

Santa Barbara

N.A.

N.A.

N.A.

N.A.

N.A.

N.A.

17%

22%

27%

35%

Santa Clara

N.A.

N.A.

N.A.

N.A.

N.A.

18%

19%

25%

34%

41%

N.A.

N.A.

N.A.

N.A.

27%

16%

20%

27%

37%

47%

Ventura

* Percent of households who can afford to purchase the median-priced home

CALIFORNIA ASSOCIATION OF REALTORS

36

May 2013

California Regions, Existing Single-Family Home


Annual Housing Affordability Index* 1984 - 2012

Region

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

Detached Homes

39%

38%

40%

40%

40%

37%

31%

34%

29%

26%

Condominiums

California

52%

51%

54%

54%

52%

50%

44%

46%

42%

38%

United States

58%

56%

56%

55%

56%

55%

53%

57%

57%

58%

Central Valley

54%

53%

55%

57%

57%

54%

48%

47%

41%

37%

High Desert

66%

65%

65%

67%

69%

73%

69%

68%

66%

62%

Los Angeles

37%

36%

39%

39%

39%

40%

35%

36%

31%

27%

Monterey Region

29%

29%

28%

26%

27%

23%

15%

18%

18%

17%

No. California

43%

42%

43%

45%

45%

41%

37%

39%

35%

30%

Northern Wine

37%

35%

40%

40%

38%

30%

20%

21%

19%

17%

Orange County

42%

39%

40%

38%

36%

34%

27%

30%

24%

20%

Palm Springs/Lower Desert

47%

44%

46%

44%

42%

42%

35%

31%

24%

21%

Riverside/San Bernardino

52%

51%

54%

57%

56%

53%

48%

49%

45%

37%

Sacramento

56%

56%

60%

61%

62%

58%

53%

51%

45%

41%

San Diego

40%

38%

38%

38%

38%

33%

24%

26%

22%

19%

San Francisco Bay Area

33%

31%

30%

29%

30%

27%

18%

21%

20%

20%

San Luis Obispo

37%

37%

38%

36%

39%

33%

24%

26%

22%

19%

Santa Barbara

33%

32%

32%

28%

32%

30%

23%

23%

19%

17%

Santa Clara

41%

36%

34%

30%

29%

28%

18%

24%

25%

27%

44%
43%
43%
42%
44%
41%
31%
* Percent of households who can afford to purchase the median-priced home

36%

32%

26%

Ventura

CALIFORNIA ASSOCIATION OF REALTORS

37

May 2013

California Regions, Existing Single-Family Home


Annual Housing Affordability Index* 1984 - 2012

Region

2004

2005

2006

2007

2008

2009

2010

2011

2012

Detached Homes

20%

16%

12%

13%

33%

51%

48%

53%

51%

Condominiums

California

29%

23%

21%

22%

39%

55%

56%

56%

62%

United States

55%

50%

45%

47%

53%

64%

65%

68%

69%

Central Valley

29%

19%

21%

12%

NA

NA

NA

NA

NA

High Desert

46%

31%

22%

29%

56%

75%

74%

NA

NA

Los Angeles

19%

14%

10%

11%

24%

38%

42%

46%

47%

Monterey Region

12%

9%

8%

8%

27%

52%

44%

NA

NA

No. California

22%

16%

19%

23%

36%

48%

52%

NA

NA

Northern Wine

13%

8%

9%

12%

27%

40%

41%

NA

NA

Orange County

13%

11%

11%

12%

24%

34%

29%

34%

36%

Palm Springs/Lower Desert

13%

11%

18%

19%

37%

61%

58%

NA

NA

Riverside/San Bernardino

24%

18%

17%

22%

47%

66%

63%

NA

NA

Sacramento

29%

21%

22%

28%

53%

67%

68%

72%

73%

San Diego

12%

10%

9%

12%

29%

40%

38%

42%

44%

San Francisco Bay Area

15%

12%

12%

11%

19%

36%

31%

NA

NA

San Luis Obispo

15%

10%

8%

10%

20%

30%

35%

40%

40%

Santa Barbara

11%

8%

7%

7%

26%

37%

29%

38%

34%

Santa Clara

23%

19%

14%

12%

21%

37%

32%

36%

35%

Ventura

17%

13%

11%

12%

31%

40%

40%

45%

48%

* Percent of households who can afford to purchase the median-priced home

CALIFORNIA ASSOCIATION OF REALTORS

38

May 2013

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index* 1988 - 2012

1988

1989

1990

1991

Month/
Quarter
Jan 1988
Feb 1988
Mar 1988
Apr 1988
May 1988
Jun 1988
Jul 1988
Aug 1988
Sep 1988
Oct 1988
Nov 1988
Dec 1988
Jan 1989
Feb 1989
Mar 1989
Apr 1989
May 1989
Jun 1989
Jul 1989
Aug 1989
Sep 1989
Oct 1989
Nov 1989
Dec 1989
Jan 1990
Feb 1990
Mar 1990
Apr 1990
May 1990
Jun 1990
Jul 1990
Aug 1990
Sep 1990
Oct 1990
Nov 1990
Dec 1990
Jan 1991
Feb 1991
Mar 1991
Apr 1991
May 1991
Jun 1991
Jul 1991
Aug 1991
Sep 1991
Oct 1991
Nov 1991
Dec 1991

California
Detached Homes
Condominiums
34
48
34
46
33
46
31
48
30
46
28
45
27
45
27
43
26
44
26
42
25
43
26
43
24
41
22
40
21
40
19
38
18
37
18
35
19
34
20
35
20
36
21
36
22
35
23
37
22
37
22
36
22
37
22
36
22
36
22
35
23
36
23
37
24
39
25
39
24
38
25
41
25
40
24
41
24
40
23
38
22
39
24
40
24
41
25
40
26
41
27
42
29
44
29
44

CALIFORNIA ASSOCIATION OF REALTORS

39

United States
Detached Homes
52
52
52
53
52
51
51
51
53
52
52
52
53
52
51
50
49
49
49
49
50
51
50
51
51
51
50
50
50
48
49
51
51
53
53
54
52
53
52
51
51
51
50
51
53
54
56
55

Housing
Affordability
Index for
California
regions and
counties is
reported in
C.A.R.'s
County
Economic
Profiles. For
information on
subscribing,
call the CEP
Coordinator at
213-739-8278,
or go to
www.clarusreso
urce.com/datam
ine.

May 2013

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index* 1988 - 2012

1992

1993

1994

1995

Month/
Quarter
Jan 1992
Feb 1992
Mar 1992
Apr 1992
May 1992
Jun 1992
Jul 1992
Aug 1992
Sep 1992
Oct 1992
Nov 1992
Dec 1992
Jan 1993
Feb 1993
Mar 1993
Apr 1993
May 1993
Jun 1993
Jul 1993
Aug 1993
Sep 1993
Oct 1993
Nov 1993
Dec 1993
Jan 1994
Feb 1994
Mar 1994
Apr 1994
May 1994
Jun 1994
Jul 1994
Aug 1994
Sep 1994
Oct 1994
Nov 1994
Dec 1994
Jan 1995
Feb 1995
Mar 1995
Apr 1995
May 1995
Jun 1995
Jul 1995
Aug 1995
Sep 1995
Oct 1995
Nov 1995
Dec 1995

California
Detached Homes
Condominiums
31
46
30
46
29
44
29
44
29
45
30
47
32
48
34
48
34
51
35
49
36
50
35
53
36
52
38
54
38
54
38
52
39
51
39
52
39
53
40
52
41
52
42
55
42
58
42
58
42
56
43
55
41
54
40
53
39
50
37
49
37
52
37
52
37
50
38
51
38
50
38
50
38
50
38
50
37
50
37
49
38
50
38
50
38
51
37
51
37
51
39
53
39
51
40
53

CALIFORNIA ASSOCIATION OF REALTORS

40

United States
Detached Homes
56
55
55
55
55
55
57
57
58
58
58
58
59
60
60
60
59
58
59
59
60
61
61
60
60
61
60
59
57
56
56
55
57
57
57
56
57
57
56
56
56
55
55
54
55
56
56
57

May 2013

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index* 1988 - 2012

1996

1997

1998

1999

Month/
Quarter
Jan 1996
Feb 1996
Mar 1996
Apr 1996
May 1996
Jun 1996
Jul 1996
Aug 1996
Sep 1996
Oct 1996
Nov 1996
Dec 1996
Jan 1997
Feb 1997
Mar 1997
Apr 1997
May 1997
Jun 1997
Jul 1997
Aug 1997
Sep 1997
Oct 1997
Nov 1997
Dec 1997
Jan 1998
Feb 1998
Mar 1998
Apr 1998
May 1998
Jun 1998
Jul 1998
Aug 1998
Sep 1998
Oct 1998
Nov 1998
Dec 1998
Jan 1999
Feb 1999
Mar 1999
Apr 1999
May 1999
Jun 1999
Jul 1999
Aug 1999
Sep 1999
Oct 1999
Nov 1999
Dec 1999

California
Detached Homes
Condominiums
41
53
42
54
40
54
39
53
38
52
38
53
37
53
38
54
39
54
41
54
42
55
43
58
42
56
44
57
41
55
40
53
39
54
38
53
38
54
38
53
38
50
39
53
39
52
41
54
41
54
43
52
40
52
39
53
39
50
37
51
37
52
38
52
40
53
43
54
42
53
42
54
42
54
43
51
39
48
38
51
37
50
36
49
36
48
35
48
36
48
37
50
36
48
36
49

CALIFORNIA ASSOCIATION OF REALTORS

41

United States
Detached Homes
57
58
57
56
55
53
53
54
55
56
56
57
56
57
56
55
54
53
54
54
54
55
56
55
56
57
56
56
55
54
54
55
56
57
56
57
56
57
56
56
56
54
54
53
54
55
55
55

May 2013

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index* 1988 - 2012

2000

2001

2002

2003

Month/
Quarter
Jan 2000
Feb 2000
Mar 2000
Apr 2000
May 2000
Jun 2000
Jul 2000
Aug 2000
Sep 2000
Oct 2000
Nov 2000
Dec 2000
Jan 2001
Feb 2001
Mar 2001
Apr 2001
May 2001
Jun 2001
Jul 2001
Aug 2001
Sep 2001
Oct 2001
Nov 2001
Dec 2001
Jan 2002
Feb 2002
Mar 2002
Apr 2002
May 2002
Jun 2002
Jul 2002
Aug 2002
Sep 2002
Oct 2002
Nov 2002
Dec 2002
Jan 2003
Feb 2003
Mar 2003
Apr 2003
May 2003
Jun 2003
Jul 2003
Aug 2003
Sep 2003
Oct 2003
Nov 2003
Dec 2003

California
Detached Homes
Condominiums
34
47
34
46
32
46
32
44
31
44
30
43
31
43
29
42
31
42
31
42
31
43
32
45
35
45
36
46
34
45
34
47
34
45
32
45
32
45
30
47
33
46
36
48
35
48
33
46
31
45
30
44
29
42
27
41
28
41
27
41
28
40
28
45
29
42
30
42
30
41
28
42
29
42
30
41
28
41
27
39
27
39
27
39
27
39
23
37
24
35
25
36
25
36
23
34

CALIFORNIA ASSOCIATION OF REALTORS

42

United States
Detached Homes
54
54
53
53
53
52
51
52
53
54
54
55
57
57
56
57
56
54
55
55
57
59
59
57
57
58
57
56
56
54
56
56
58
58
58
58
59
59
59
59
59
57
57
56
56
57
57
56

May 2013

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index* 1988 - 2012

2004

2005

2006

2007

2008

2009

2010

2011

Month/
Quarter
Jan 2004
Feb 2004
Mar 2004
Apr 2004
May 2004
Jun 2004
Jul 2004
Aug 2004
Sep 2004
Oct 2004
Nov 2004
Dec 2004
Jan 2005
Feb 2005
Mar 2005
Apr 2005
May 2005
Jun 2005
Jul 2005
Aug 2005
Sep 2005
Oct 2005
Nov 2005
Dec 2005
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4

California
Detached Homes
Condominiums
23
36
25
34
21
31
20
31
19
28
18
26
19
27
18
27
19
28
19
28
19
27
19
25
18
27
19
26
18
25
17
23
16
22
16
22
16
22
14
21
15
22
15
21
14
21
14
21
13
21
12
21
12
21
12
22
13
22
11
21
11
22
18
24
26
32
29
34
34
38
43
50
55
58
53
56
48
52
47
52
50
55
46
54
46
57
50
59
53
60
51
60
51
62
55
63

CALIFORNIA ASSOCIATION OF REALTORS

43

United States
Detached Homes
58
58
57
57
55
53
53
54
55
55
55
55
55
55
54
50
51
49
49
48
49
48
48
49
46
44
44
46
48
45
45
49
54
51
51
58
64
64
62
65
66
64
64
67
69
67
66
70

May 2013

California and U.S. Existing Single-Family Home


Monthly/Quarterly Housing Affordability Index* 1988 - 2012

2012

Month/
Quarter
Quarter 1
Quarter 2
Quarter 3
Quarter 4

California
Detached Homes
Condominiums
56
65
51
62
49
60
48
59

United States
Detached Homes
71
67
67
69

* Percent of households that can afford to purchase the median-priced home


** The housing affordability index has been reported on a quarterly basis since 2006.

CALIFORNIA ASSOCIATION OF REALTORS

44

May 2013

California Counties, Existing Single-Family Home


Quarterly and Annual Housing Affordability Index* 2010 - 2012

2010
Region

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Annual

California
Detached Homes

50

46

46

50

48

Condominiums

55

54

57

59

56

United States

66

64

64

67

65

Alameda

34

30

31

33

32

Contra-Costa (Central County)

25

21

21

26

23

Fresno

64

63

65

67

65

Kings County

64

62

64

66

64

Los Angeles

43

43

38

43

42

Madera

65

67

68

70

68

Marin

24

21

23

25

23

Merced

77

73

75

76

75

Monterey

56

52

56

58

56

Napa

44

42

41

47

44

Orange

28

27

28

33

29

Placer

58

58

60

62

60

Riverside

63

60

61

64

62

Sacramento

68

65

68

70

68

San Bernardino

75

74

74

76

75

San Diego

38

37

38

40

38

San Francisco

21

19

22

22

21

San Luis Obispo

34

31

36

37

35

San Mateo

22

20

21

25

22

Santa Barbara

34

25

26

32

29

Santa Clara

34

28

30

35

32

Santa Cruz

27

26

28

29

28

Solano

70

69

71

71

70

Sonoma

40

40

40

44

41

Tulare

66

66

68

71

68

Ventura

39

39

40

41

40

* Percent of households who can afford to purchase an entry-level home


**Histroical data for Housing Affordability Index at the county level is not available
before 2010.

CALIFORNIA ASSOCIATION OF REALTORS

45

May 2013

California Counties, Existing Single-Family Home


Quarterly and Annual Housing Affordability Index* 2010 - 2012

2011
Region

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Annual

California
Detached Homes

53

51

51

55

53

Condominiums

60

60

62

63

61

United States

69

67

66

70

68

Alameda

35

35

36

39

36

Contra-Costa (Central County)

30

26

27

37

30

Fresno

69

70

69

71

70

Kings County

71

72

76

75

74

Los Angeles

46

46

42

48

46

Madera

68

72

74

75

72

Marin

27

24

25

29

26

Merced

76

76

74

77

76

Monterey

58

56

56

56

57

Napa

48

47

48

50

48

Orange

33

31

33

38

34

Placer

64

64

65

67

65

Riverside

63

64

65

66

65

Sacramento

71

72

72

74

72

San Bernardino

76

77

77

78

77

San Diego

40

41

42

46

42

San Francisco

25

24

26

26

25

San Luis Obispo

40

37

40

41

40

San Mateo

30

22

29

29

28

Santa Barbara

37

35

38

41

38

Santa Clara

38

32

34

40

36

Santa Cruz

34

32

32

37

34

Solano

74

75

75

76

75

Sonoma

47

46

46

51

48

Tulare

72

73

73

73

73

Ventura

44

41

45

49

45

* Percent of households who can afford to purchase an entry-level home


**Histroical data for Housing Affordability Index at the county level is not available
before 2010.

CALIFORNIA ASSOCIATION OF REALTORS

46

May 2013

California Counties, Existing Single-Family Home


Quarterly and Annual Housing Affordability Index* 2010 - 2012

2012
Region

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Annual

California
Detached Homes

56

51

49

48

51

Condominiums

65

62

60

59

62

United States

71

67

67

69

69

Alameda

45

38

34

36

38

Contra-Costa (Central County)

36

26

28

31

30

Fresno

72

71

69

70

71

Kings County

74

75

74

76

75

Los Angeles

51

49

42

44

47

Madera

77

74

76

74

75

Marin

32

27

27

28

29

Merced

77

77

74

74

76

Monterey

54

55

52

50

53

Napa

50

50

45

48

48

Orange

39

35

34

34

36

Placer

67

65

64

64

65

Riverside

66

65

63

62

64

Sacramento

74

74

73

71

73

San Bernardino

78

78

77

76

77

San Diego

46

44

43

43

44

San Francisco

29

24

25

22

25

San Luis Obispo

41

41

37

40

40

San Mateo

33

23

24

24

26

Santa Barbara

46

32

31

27

34

Santa Clara

42

32

32

32

35

Santa Cruz

35

34

30

34

33

Solano

77

77

77

73

76

Sonoma

51

49

46

46

48

Tulare

75

74

73

71

73

Ventura

50

48

47

48

48

* Percent of households who can afford to purchase an entry-level home


**Histroical data for Housing Affordability Index at the county level is not available
before 2010.

CALIFORNIA ASSOCIATION OF REALTORS

47

May 2013

California Regions, Existing Single-Family Home


Annual First-Time Buyer Housing Affordability Index 2000 - 2012

Region

2000

2001

2002

2003

2004

2005

2006

Detached Homes

52%

55%

53%

51%

43%

34%

28%

Condominiums

63%

66%

65%

62%

53%

44%

40%

United States

70%

73%

75%

75%

73%

67%

64%

High Desert

81%

81%

82%

79%

69%

52%

43%

Los Angeles

55%

57%

55%

51%

41%

29%

23%

Monterey Region

32%

38%

42%

41%

32%

23%

21%

No. California

56%

59%

58%

54%

45%

39%

37%

Northern Wine

41%

44%

45%

43%

36%

29%

25%

Orange County

50%

54%

52%

47%

35%

29%

26%

Palm Springs/Lower Desert

55%

53%

47%

44%

32%

36%

35%

Riverside/San Bernardino

66%

68%

68%

62%

50%

44%

37%

Sacramento

71%

70%

69%

66%

54%

46%

43%

San Diego

46%

48%

47%

44%

32%

27%

25%

San Francisco Bay Area

36%

42%

45%

45%

37%

33%

27%

San Luis Obispo

45%

49%

47%

44%

39%

27%

22%

Santa Barbara

42%

44%

43%

41%

29%

22%

17%

Santa Clara

37%

46%

51%

54%

50%

38%

31%

Ventura

55%

59%

60%

55%

42%

31%

27%

California

* Percent of households who can afford to purchase an entry-level home

CALIFORNIA ASSOCIATION OF REALTORS

48

May 2013

California Regions, Existing Single-Family Home


Annual First-Time Buyer Housing Affordability Index 2000 - 2012

Region

2007

2008

2009

2010

2011

2012

Detached Homes

29%

53%

66%

67%

72%

69%

Condominiums

41%

58%

70%

73%

78%

77%

United States

65%

71%

76%

79%

82%

82%

High Desert

50%

72%

84%

84%

NA

NA

Los Angeles

24%

43%

54%

60%

66%

65%

Monterey Region

20%

47%

68%

65%

NA

NA

No. California

42%

56%

63%

69%

NA

NA

Northern Wine

29%

48%

59%

62%

NA

NA

Orange County

27%

44%

53%

52%

59%

59%

Palm Springs/Lower Desert

36%

56%

75%

74%

NA

NA

Riverside/San Bernardino

43%

65%

78%

78%

NA

NA

Sacramento

50%

71%

79%

81%

85%

80%

San Diego

28%

49%

58%

59%

65%

65%

San Francisco Bay Area

24%

38%

54%

52%

NA

NA

San Luis Obispo

25%

39%

48%

56%

62%

61%

Santa Barbara

16%

45%

55%

51%

60%

56%

Santa Clara

27%

40%

56%

55%

61%

58%

Ventura

30%

52%

60%

62%

68%

69%

California

* Percent of households who can afford to purchase an entry-level home

CALIFORNIA ASSOCIATION OF REALTORS

49

May 2013

California and U.S. Existing Single-Family Home


Quarterly First-Time Buyer Housing Affordability Index* 2000 - 2012

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Quarter
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4
Quarter 1
Quarter 2
Quarter 3
Quarter 4

California
Detached
Homes Condominiums
55
65
51
63
50
61
50
61
54
63
55
65
54
66
57
68
54
65
52
64
54
65
53
65
54
65
51
63
49
61
49
60
48
59
41
52
41
51
40
49
38
48
34
45
32
43
30
41
29
40
26
38
27
39
28
41
29
41
26
39
27
38
35
44
46
52
49
54
55
59
61
67
69
72
67
70
64
68
64
68
67
71
65
71
66
73
68
75
72
77
65
73
71
79
67
75
73
79
69
77
67
76
66
75

United States
Detached
Homes
71
69
68
70
72
72
73
75
75
75
75
76
76
75
74
75
76
73
72
71
70
67
65
64
65
63
63
65
66
64
64
67
71
69
70
74
77
76
76
78
79
78
79
81
82
82
81
83
83
81
80
82

Quarterly Housing
Affordability Index for
California regions and
counties is reported in
C.A.R.'s County
Economic Profiles. For
information on subscribing,
call the CEP Coordinator at
213-739-8278, or go to
www.clarusresource.com/d
atamine.

* Percent of households who can afford to purchase an entry-level home.

CALIFORNIA ASSOCIATION OF REALTORS

50

May 2013

California Counties, Existing Single-Family Home


Quarterly and Annual First-Time Buyer Housing Affordability Index* 2010 - 2012

2010
Region

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Annual

California
Detached Homes

67

65

66

68

67

Condominiums

71

71

73

75

73

United States

79

78

79

81

79

Alameda

55

52

53

56

54

Contra-Costa (Central County)

47

44

44

51

46

Fresno

78

78

79

81

79

Kings County

79

79

80

82

80

Los Angeles

61

61

57

62

60

Madera

79

81

81

83

81

Marin

41

38

42

45

42

Merced

86

84

85

87

85

Monterey

74

72

75

76

74

Napa

64

63

63

69

65

Orange

50

50

51

56

52

Placer

75

76

77

79

77

Riverside

77

76

77

79

77

Sacramento

81

80

81

83

81

San Bernardino

85

85

85

86

85

San Diego

58

58

60

62

59

San Francisco

38

37

41

42

39

San Luis Obispo

54

53

57

59

56

San Mateo

43

41

43

49

44

Santa Barbara

55

46

48

54

51

Santa Clara

56

52

54

59

55

Santa Cruz

46

46

49

51

48

Solano

83

83

85

85

84

Sonoma

62

62

63

67

63

Tulare

79

80

82

84

81

Ventura

60

61

63

64

62

* Percent of households who can afford to purchase an entry-level home.


**Histroical data for Housing Affordability Index at the county level is not available before
2010.

CALIFORNIA ASSOCIATION OF REALTORS

51

May 2013

California Counties, Existing Single-Family Home


Quarterly and Annual First-Time Buyer Housing Affordability Index* 2010 - 2012

2011
Region

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Annual

California
Detached Homes

72

65

71

67

69

Condominiums

77

73

79

75

76

United States

82

82

81

83

82

Alameda

59

53

60

61

58

Contra-Costa (Central County)

56

53

53

61

56

Fresno

83

80

83

83

82

Kings County

85

86

88

84

86

Los Angeles

65

67

63

67

66

Madera

82

86

87

87

86

Marin

50

46

47

51

49

Merced

87

87

86

87

87

Monterey

77

77

76

76

76

Napa

70

71

71

72

71

Orange

58

57

59

62

59

Placer

81

77

82

79

80

Riverside

80

81

81

81

81

Sacramento

84

85

85

83

84

San Bernardino

87

88

88

88

88

San Diego

63

58

65

67

63

San Francisco

46

46

48

47

47

San Luis Obispo

63

61

63

63

63

San Mateo

55

47

51

54

52

Santa Barbara

60

51

63

57

58

Santa Clara

63

59

60

64

62

Santa Cruz

58

57

56

59

58

Solano

87

88

87

88

87

Sonoma

70

70

70

66

69

Tulare

85

86

86

85

86

Ventura

68

67

68

71

69

* Percent of households who can afford to purchase an entry-level home.


**Histroical data for Housing Affordability Index at the county level is not available before
2010.

CALIFORNIA ASSOCIATION OF REALTORS

52

May 2013

California Counties, Existing Single-Family Home


Quarterly and Annual First-Time Buyer Housing Affordability Index* 2010 - 2012

2012
Region

Quarter 1

Quarter 2

Quarter 3

Quarter 4

Annual

California
Detached Homes

73

69

67

66

69

Condominiums

79

77

76

75

77

United States

83

81

80

82

82

Alameda

65

60

56

57

60

Contra-Costa (Central County)

60

50

52

54

54

Fresno

84

83

82

82

83

Kings County

86

86

86

87

86

Los Angeles

68

67

61

62

65

Madera

88

86

87

86

87

Marin

53

47

47

47

49

Merced

87

87

85

85

86

Monterey

74

74

72

70

73

Napa

71

70

67

68

69

Orange

62

58

57

57

59

Placer

82

81

80

79

81

Riverside

80

79

78

77

79

Sacramento

86

85

84

83

85

San Bernardino

88

88

87

86

87

San Diego

67

65

64

63

65

San Francisco

50

43

45

41

45

San Luis Obispo

62

62

58

60

61

San Mateo

57

46

46

47

49

Santa Barbara

67

54

53

48

56

Santa Clara

65

56

56

55

58

Santa Cruz

57

56

51

55

55

Solano

88

88

87

85

87

Sonoma

72

70

68

67

69

Tulare

86

85

85

83

85

Ventura

71

69

68

68

69

* Percent of households who can afford to purchase an entry-level home.


**Histroical data for Housing Affordability Index at the county level is not available before
2010.

CALIFORNIA ASSOCIATION OF REALTORS

53

May 2013

California Existing Single-Family Home


Monthly Pending Sales Activity 2008-2012

2008

2009

2010

2011

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011

CALIFORNIA ASSOCIATION OF REALTORS

California
49.2
74.5
88.3
102.2
114.0
114.2
113.0
116.2
117.5
115.6
100.3
95.1
106.4
115.5
144.2
146.9
132.8
131.9
128.1
130.4
127.2
126.4
104.3
91.3
95.6
113.8
129.1
141.6
105.6
113.9
111.5
111.3
109.4
110.2
98.7
82.5
92.7
107.8
123.9
114.4
115.8
115.9
113.0
121.4
114.5
116.1
104.4
88.1

Month-Month Year-to-Year
% Change
% Change
NA
-26.1%
51.4%
-2.5%
18.5%
12.6%
15.7%
31.3%
11.5%
34.5%
0.2%
47.6%
-1.1%
57.3%
2.8%
91.7%
1.1%
130.7%
-1.6%
86.3%
-13.2%
73.7%
-5.2%
108.9%
11.9%
116.3%
8.6%
55.1%
24.8%
63.3%
1.9%
43.8%
-9.6%
16.6%
-0.7%
15.5%
-2.9%
13.4%
1.8%
12.2%
-2.5%
8.2%
-0.6%
9.4%
-17.5%
4.0%
-12.4%
-3.9%
4.7%
-10.1%
19.0%
-1.5%
13.4%
-10.5%
9.7%
-3.6%
-25.5%
-20.5%
7.9%
-13.6%
-2.1%
-13.0%
-0.2%
-14.6%
-1.7%
-13.9%
0.7%
-12.9%
-10.4%
-5.3%
-16.5%
-9.7%
16.0%
-2.0%
16.3%
-2.1%
15.0%
-1.5%
-7.6%
-17.8%
1.2%
7.3%
0.1%
5.5%
-2.6%
5.2%
7.5%
13.6%
-5.7%
10.3%
1.4%
10.5%
-10.0%
10.1%
-15.7%
10.3%

54

May 2013

California Existing Single-Family Home


Monthly Pending Sales Activity 2008-2012

2012

Month
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

California
100.0
120.0
136.5
126.7
125.9
121.1
115.8
118.9
115.7
121.2
103.5
82.5

Month-Month Year-to-Year
% Change
% Change
13.6%
7.9%
19.9%
11.3%
13.8%
10.2%
-7.2%
10.8%
-0.6%
8.7%
-3.9%
4.4%
-4.4%
2.5%
2.7%
-2.0%
-3.1%
0.7%
5.0%
4.3%
-14.5%
-0.9%
-20.3%
-6.4%

C.A.R.s pending sales information is generated from a survey


of more than 70 associations of REALTORS and MLSs
throughout the state. Pending home sales are forward-looking
indicators of future home sales activity, offering solid
information on future changes in the direction of the market. A
sale is listed as pending after a seller has accepted a sales
contract on a property. The majority of pending home sales
usually becomes closed sales transactions one to two months
later. The year 2008 was used as the benchmark for the
pending homes sales index. An index of 100 is equal to the
average level of contract activity during 2008.

CALIFORNIA ASSOCIATION OF REALTORS

55

May 2013

U.S. and West Region Existing Home (NSA)


Monthly Pending Sales Activity 2008 - 2012

2008

2009

2010

2011

2012

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

United States
73.2
80.4
93.5
103.2
100.1
106.5
95.4
99.4
85.7
84.3
65.7
57.9
68.4
75.3
95.5
107.1
105.5
116.3
107.7
111.4
102.7
108.5
78.1
63.2
74.3
88.3
119.7
133.4
89.0
92.7
85.4
90.9
77.1
84.0
75.9
61.1
70.9
79.0
104.3
97.9
102.8
108.7
94.0
102.8
83.2
90.1
81.1
63.8
78.2
90.8
115.3
112.3
117.9
117.8
108.3
112.7
90.4
106.1
88.2
66.8

Month
% Change
33.6%
9.8%
16.3%
10.4%
-3.0%
6.4%
-10.4%
4.2%
-13.8%
-1.6%
-22.1%
-11.9%
18.1%
10.1%
26.8%
12.1%
-1.5%
10.2%
-7.4%
3.4%
-7.8%
5.6%
-28.0%
-19.1%
17.6%
18.8%
35.6%
11.4%
-33.3%
4.2%
-7.9%
6.4%
-15.2%
8.9%
-9.6%
-19.5%
16.0%
11.4%
32.0%
-6.1%
5.0%
5.7%
-13.5%
9.4%
-19.1%
8.3%
-10.0%
-21.3%
22.6%
16.1%
27.0%
-2.6%
5.0%
-0.1%
-8.1%
4.1%
-19.8%
17.4%
-16.9%
-24.3%

Year
% Change
-19.7%
-18.1%
-21.7%
-13.0%
-14.8%
-11.6%
-5.9%
5.1%
7.7%
-3.9%
-9.5%
5.7%
-6.6%
-6.3%
2.1%
3.8%
5.4%
9.2%
12.9%
12.1%
19.8%
28.7%
18.9%
9.2%
8.6%
17.3%
25.3%
24.6%
-15.6%
-20.3%
-20.7%
-18.4%
-24.9%
-22.6%
-2.8%
-3.3%
-4.6%
-10.5%
-12.9%
-26.6%
15.5%
17.3%
10.1%
13.1%
7.9%
7.3%
6.9%
4.4%
10.3%
14.9%
10.5%
14.7%
14.7%
8.4%
15.2%
9.6%
8.7%
17.8%
8.8%
4.7%

West Region
88.5
88.9
98.9
100.7
106.0
112.8
100.2
120.9
111.9
109.6
87.8
69.1
97.6
79.0
98.6
98.5
106.6
112.8
121.7
146.3
140.9
128.0
109.8
79.7
96.8
90.4
111.8
109.4
91.3
96.9
96.2
119.2
107.7
105.3
110.3
72.5
93.2
84.1
101.5
87.6
104.9
111.9
108.9
139.5
118.2
112.3
114.2
74.1
95.0
86.8
107.3
93.1
112.4
110.6
113.1
135.7
112.5
118.8
112.0
69.1

Month
% Change
57.8%
0.5%
11.2%
1.8%
5.3%
6.4%
-11.2%
20.7%
-7.4%
-2.1%
-19.9%
-21.3%
41.2%
-19.1%
24.8%
-0.1%
8.2%
5.8%
7.9%
20.2%
-3.7%
-9.2%
-14.2%
-27.4%
21.5%
-6.6%
23.7%
-2.1%
-16.5%
6.1%
-0.7%
23.9%
-9.6%
-2.2%
4.7%
-34.3%
28.6%
-9.8%
20.7%
-13.7%
19.7%
6.7%
-2.7%
28.1%
-15.3%
-5.0%
1.7%
-35.1%
28.2%
-8.6%
23.6%
-13.2%
20.7%
-1.6%
2.3%
20.0%
-17.1%
5.6%
-5.7%
-38.3%

Year
% Change
-12.5%
-5.5%
-10.7%
4.8%
-1.9%
0.1%
11.8%
29.9%
45.3%
18.9%
13.3%
23.2%
10.3%
-11.1%
-0.3%
-2.2%
0.6%
0.0%
21.5%
21.0%
25.9%
16.8%
25.1%
15.3%
-0.8%
14.4%
13.4%
11.1%
-14.4%
-14.1%
-21.0%
-18.5%
-23.6%
-17.7%
0.5%
-9.0%
-3.7%
-7.0%
-9.2%
-19.9%
14.9%
15.5%
13.2%
17.0%
9.7%
6.6%
3.5%
2.2%
1.9%
3.2%
5.7%
6.3%
7.1%
-1.2%
3.9%
-2.7%
-4.8%
5.8%
-1.9%
-6.7%

NAR receives data from over 100 MLSs & 60 large brokers across the nation. An index of 100 is equal to the average level of
contract activity during 2001, the first year to be analyzed. 2001 sales are fairly close to the higher level of home sales
expected in the coming decade relative to the norms experienced in the mid-1990s. As such, an index of 100 coincides with a
historically high level of home sales activity.

Source: NAR

CALIFORNIA ASSOCIATION OF REALTORS

56

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Equity Sales 2009 - 2012
Region
California

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09
48%

39%

38%

37%

39%

39%

41%

44%

45%

47%

48%

50%

Amador

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Butte

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Humboldt

75%

81%

79%

78%

86%

81%

84%

87%

87%

77%

82%

80%

Kern

14%

13%

17%

15%

20%

23%

27%

27%

28%

31%

34%

31%

Lake

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Los Angeles

37%

37%

35%

38%

40%

44%

47%

47%

49%

48%

52%

49%

Madera

92%

89%

95%

94%

94%

95%

92%

77%

60%

67%

52%

52%

Marin

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Mendocino

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Merced

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

16%

15%

16%

20%

15%

21%

23%

26%

27%

29%

31%

32%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Orange

40%

41%

48%

48%

54%

60%

62%

62%

65%

62%

65%

63%

Riverside

20%

15%

11%

11%

13%

16%

17%

20%

20%

23%

25%

24%

NA

NA

NA

NA

25%

29%

34%

34%

35%

38%

38%

35%
20%

Monterey
Napa

Sacramento
San Benito

11%

5%

4%

7%

19%

16%

16%

13%

13%

21%

23%

San Bernardino

17%

14%

13%

10%

11%

13%

14%

18%

20%

22%

24%

24%

San Diego

85%

84%

84%

86%

68%

56%

57%

61%

66%

68%

67%

67%

San Luis Obispo

48%

47%

49%

52%

57%

62%

62%

61%

68%

56%

57%

55%

San Mateo

52%

57%

57%

61%

69%

70%

75%

70%

70%

75%

74%

74%

Santa Clara

32%

35%

39%

42%

49%

54%

60%

57%

55%

59%

61%

55%

Santa Cruz

43%

40%

35%

48%

46%

61%

61%

62%

55%

61%

61%

51%

NA

NA

NA

95%

87%

80%

69%

70%

81%

70%

83%

79%

Siskiyou
Solano

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Sonoma

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Tehama

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

CALIFORNIA ASSOCIATION OF REALTORS

57

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Equity Sales 2009 - 2012
Region

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

California

45%

46%

50%

52%

56%

55%

54%

56%

56%

55%

54%

52%

Amador

68%

65%

69%

62%

51%

56%

41%

66%

41%

55%

44%

29%

Butte

60%

58%

73%

64%

70%

73%

72%

71%

70%

73%

58%

61%

Humboldt

78%

80%

NA

77%

87%

80%

73%

80%

78%

74%

73%

73%

Kern

NA

28%

30%

32%

39%

32%

31%

37%

29%

35%

30%

29%

Lake

35%

42%

45%

35%

36%

38%

44%

26%

31%

35%

26%

19%

Los Angeles

48%

45%

51%

52%

55%

53%

53%

54%

57%

54%

54%

52%

Madera

36%

52%

49%

55%

31%

46%

35%

38%

26%

38%

44%

39%

Marin

63%

60%

75%

77%

NA

80%

81%

71%

75%

76%

74%

66%

Mendocino

51%

42%

54%

62%

NA

68%

29%

48%

50%

49%

45%

43%

Merced

47%

40%

42%

43%

50%

47%

38%

47%

50%

31%

35%

40%

Monterey

27%

32%

27%

35%

36%

42%

35%

41%

36%

44%

38%

35%

Napa

33%

37%

46%

49%

NA

51%

60%

61%

53%

50%

44%

46%

Orange

59%

58%

64%

65%

67%

67%

65%

69%

68%

64%

65%

62%

Riverside

22%

25%

27%

30%

32%

31%

33%

32%

32%

36%

33%

33%

Sacramento

32%

32%

36%

38%

38%

38%

38%

37%

37%

37%

35%

34%

San Benito

34%

30%

24%

27%

39%

52%

30%

40%

46%

26%

28%

34%

San Bernardino

24%

24%

25%

27%

30%

31%

28%

32%

36%

33%

35%

28%

San Diego

66%

67%

70%

71%

74%

75%

74%

73%

75%

75%

74%

72%

San Luis Obispo

51%

51%

54%

61%

67%

60%

59%

59%

55%

57%

54%

54%

San Mateo

64%

71%

74%

75%

77%

76%

79%

73%

80%

75%

79%

72%

Santa Clara

53%

54%

59%

64%

71%

68%

70%

69%

66%

67%

66%

61%

Santa Cruz

53%

52%

58%

58%

59%

56%

58%

66%

62%

70%

54%

60%

Siskiyou

42%

83%

56%

67%

54%

76%

50%

70%

50%

74%

61%

56%

Solano

24%

28%

31%

28%

NA

34%

26%

33%

33%

28%

25%

26%

Sonoma

46%

46%

46%

51%

NA

57%

57%

59%

54%

54%

50%

45%

Tehama

NA

NA

NA

NA

NA

33%

23%

20%

24%

37%

50%

16%

CALIFORNIA ASSOCIATION OF REALTORS

58

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Equity Sales 2009 - 2012
Region

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

California

41%

40%

45%

49%

49%

51%

52%

52%

51%

49%

50%

48%

Amador

43%

46%

39%

35%

39%

49%

45%

41%

46%

54%

56%

52%

Butte

52%

47%

65%

50%

56%

66%

57%

58%

58%

57%

64%

49%

Humboldt

74%

69%

81%

66%

83%

71%

73%

69%

81%

72%

72%

71%

Kern

30%

28%

29%

32%

34%

34%

38%

40%

39%

33%

40%

36%

Lake

30%

35%

29%

21%

20%

14%

27%

36%

39%

22%

42%

37%

Los Angeles

47%

45%

49%

53%

55%

53%

58%

56%

54%

52%

54%

51%

Madera

48%

27%

41%

44%

15%

17%

14%

27%

35%

11%

12%

20%

Marin

57%

57%

72%

72%

72%

74%

75%

73%

65%

74%

70%

63%

Mendocino

45%

38%

32%

44%

49%

37%

39%

52%

59%

51%

48%

55%

Merced

36%

27%

36%

39%

41%

36%

29%

41%

39%

42%

36%

36%

Monterey

34%

34%

35%

44%

41%

43%

39%

38%

41%

39%

41%

44%

Napa

41%

36%

47%

49%

57%

49%

49%

52%

49%

54%

47%

51%

Orange

57%

52%

60%

63%

64%

65%

68%

67%

64%

64%

64%

58%

Riverside

27%

29%

33%

34%

35%

39%

38%

38%

40%

37%

39%

37%

Sacramento

28%

29%

30%

34%

35%

36%

40%

39%

37%

36%

37%

36%

San Benito

32%

38%

29%

33%

34%

26%

35%

33%

27%

28%

35%

25%

San Bernardino

26%

24%

29%

30%

31%

31%

35%

36%

35%

35%

36%

33%

San Diego

67%

66%

68%

73%

71%

72%

74%

73%

75%

72%

73%

72%

San Luis Obispo

53%

44%

53%

57%

60%

58%

58%

55%

60%

54%

56%

52%

San Mateo

62%

65%

73%

74%

77%

76%

77%

75%

74%

77%

72%

72%

Santa Clara

52%

53%

63%

65%

66%

69%

72%

69%

65%

66%

68%

63%

Santa Cruz

47%

52%

49%

55%

59%

64%

60%

65%

60%

60%

54%

59%

Siskiyou

38%

50%

37%

42%

18%

58%

56%

54%

46%

63%

67%

46%

Solano

19%

23%

24%

27%

29%

28%

30%

29%

27%

28%

28%

30%

Sonoma

39%

42%

43%

46%

52%

49%

54%

57%

51%

49%

49%

49%

Tehama

36%

21%

15%

31%

38%

27%

28%

44%

38%

51%

46%

46%

CALIFORNIA ASSOCIATION OF REALTORS

59

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Equity Sales 2009 - 2012
Region

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

California

45%

47%

51%

54%

56%

58%

60%

62%

63%

63%

65%

64%

Amador

50%

48%

36%

59%

50%

45%

59%

60%

62%

62%

67%

63%

Butte

57%

47%

60%

56%

63%

64%

68%

72%

64%

65%

63%

72%

Humboldt

65%

60%

66%

64%

66%

72%

66%

74%

72%

80%

81%

71%

Kern

37%

38%

47%

46%

52%

52%

55%

53%

55%

59%

59%

61%

Lake

26%

34%

37%

36%

30%

37%

46%

35%

53%

50%

51%

55%

Los Angeles

48%

49%

52%

56%

59%

59%

60%

64%

63%

63%

67%

65%

Madera

35%

27%

33%

33%

21%

43%

26%

51%

40%

45%

42%

26%

Marin

61%

61%

71%

71%

79%

80%

79%

75%

76%

79%

78%

80%

Mendocino

51%

44%

50%

33%

56%

52%

60%

57%

53%

57%

64%

61%

Merced

35%

37%

44%

42%

46%

48%

50%

41%

54%

53%

48%

49%

Monterey

44%

41%

51%

45%

48%

50%

50%

56%

60%

55%

52%

55%

Napa

38%

48%

47%

59%

56%

53%

66%

64%

63%

70%

68%

61%

Orange

57%

57%

62%

67%

67%

69%

71%

73%

75%

72%

72%

70%

Riverside

39%

39%

41%

44%

46%

48%

45%

48%

50%

50%

49%

52%

Sacramento

34%

35%

41%

40%

42%

47%

46%

48%

50%

53%

53%

49%

San Benito

24%

34%

39%

44%

41%

37%

49%

40%

45%

42%

71%

50%

San Bernardino

32%

34%

37%

43%

41%

42%

47%

51%

55%

54%

56%

56%

San Diego

70%

71%

74%

77%

77%

78%

80%

83%

85%

86%

87%

87%

San Luis Obispo

51%

58%

61%

56%

65%

66%

92%

70%

72%

71%

75%

74%

San Mateo

61%

63%

73%

76%

79%

79%

85%

85%

80%

83%

83%

80%

Santa Clara

59%

60%

68%

73%

72%

77%

77%

79%

78%

78%

81%

81%

Santa Cruz

46%

58%

58%

51%

67%

58%

72%

72%

69%

72%

69%

66%

Siskiyou

30%

33%

22%

38%

46%

41%

56%

69%

60%

68%

57%

56%

Solano

25%

26%

31%

31%

30%

37%

34%

40%

41%

38%

45%

42%

Sonoma

43%

49%

47%

56%

55%

60%

60%

68%

63%

71%

61%

63%

Tehama

35%

16%

41%

42%

35%

55%

40%

38%

51%

57%

45%

50%

CALIFORNIA ASSOCIATION OF REALTORS

60

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of REO Sales 2009 - 2012
Region
California

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09
34%

52%

52%

52%

50%

49%

46%

43%

41%

38%

36%

33%

Amador

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Butte

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Humboldt

20%

15%

14%

20%

13%

13%

14%

13%

10%

20%

12%

16%

Kern

79%

79%

74%

76%

70%

64%

61%

59%

58%

53%

52%

54%

Lake

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

49%

49%

50%

48%

45%

41%

38%

35%

33%

33%

29%

30%

Madera

7%

8%

5%

4%

6%

4%

3%

14%

33%

23%

40%

34%

Marin

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Mendocino

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Merced

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

77%

80%

77%

74%

75%

70%

66%

63%

59%

57%

48%

51%

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Orange

43%

41%

35%

33%

29%

23%

22%

19%

16%

17%

16%

16%

Riverside

73%

76%

79%

79%

75%

71%

67%

63%

60%

57%

51%

53%

NA

NA

NA

NA

61%

54%

50%

48%

45%

42%

40%

41%

San Benito

88%

80%

84%

80%

71%

59%

73%

65%

68%

56%

45%

55%

San Bernardino

77%

79%

82%

84%

83%

81%

80%

75%

72%

67%

63%

63%

San Diego

13%

14%

13%

12%

24%

33%

32%

30%

27%

27%

27%

26%

Los Angeles

Monterey
Napa

Sacramento

San Luis Obispo

39%

45%

43%

37%

31%

30%

27%

27%

23%

30%

29%

31%

San Mateo

33%

31%

33%

26%

21%

19%

13%

17%

14%

13%

14%

15%

Santa Clara

53%

54%

48%

47%

40%

33%

27%

28%

29%

23%

20%

24%

Santa Cruz

47%

50%

53%

43%

41%

28%

29%

31%

35%

28%

22%

34%

Siskiyou

NA

NA

NA

5%

13%

20%

31%

30%

19%

30%

17%

21%

Solano

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Sonoma

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Tehama

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

CALIFORNIA ASSOCIATION OF REALTORS

61

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of REO Sales 2009 - 2012
Region

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

California

36%

35%

31%

28%

25%

24%

25%

25%

24%

25%

26%

28%

Amador

11%

17%

18%

31%

29%

31%

44%

21%

41%

29%

37%

62%

Butte

25%

29%

18%

24%

14%

14%

17%

22%

20%

18%

29%

28%

Humboldt

17%

18%

NA

14%

6%

13%

23%

18%

8%

21%

22%

16%

Kern

NA

54%

51%

50%

42%

45%

47%

43%

47%

48%

50%

50%

Lake

56%

53%

53%

55%

59%

46%

51%

60%

63%

56%

65%

73%

Los Angeles

29%

31%

26%

25%

23%

22%

21%

21%

20%

21%

23%

23%

Madera

48%

40%

41%

35%

52%

38%

56%

50%

58%

50%

40%

51%

Marin

21%

21%

13%

9%

NA

8%

10%

15%

13%

15%

15%

18%

Mendocino

44%

50%

38%

36%

NA

27%

58%

48%

39%

43%

53%

49%

Merced

39%

46%

42%

37%

29%

33%

37%

38%

30%

47%

38%

46%

Monterey

52%

48%

51%

44%

43%

35%

41%

34%

36%

33%

41%

39%

Napa

40%

44%

34%

36%

NA

26%

22%

25%

30%

34%

38%

32%

Orange

15%

17%

12%

12%

11%

11%

11%

12%

11%

12%

13%

17%

Riverside

53%

49%

48%

43%

37%

37%

39%

38%

38%

38%

38%

40%

Sacramento

44%

46%

40%

39%

39%

36%

39%

36%

38%

40%

42%

44%

San Benito

47%

52%

54%

44%

29%

24%

47%

47%

35%

34%

43%

41%

San Bernardino

65%

63%

59%

57%

51%

50%

52%

50%

45%

49%

49%

52%

San Diego

28%

26%

24%

21%

20%

17%

18%

19%

17%

18%

19%

21%

San Luis Obispo

33%

32%

28%

27%

22%

24%

25%

30%

32%

26%

34%

33%

San Mateo

20%

18%

15%

12%

11%

11%

11%

15%

8%

11%

10%

17%

Santa Clara

26%

25%

18%

15%

15%

13%

13%

12%

14%

15%

15%

17%

Santa Cruz

33%

35%

23%

26%

22%

21%

26%

20%

18%

19%

27%

22%

Siskiyou

53%

17%

44%

30%

39%

22%

46%

23%

40%

23%

29%

38%

Solano

53%

51%

44%

44%

NA

40%

46%

40%

43%

44%

46%

51%

Sonoma

34%

32%

33%

27%

NA

27%

25%

23%

26%

27%

33%

33%

Tehama

NA

NA

NA

NA

NA

57%

65%

52%

52%

50%

50%

65%

CALIFORNIA ASSOCIATION OF REALTORS

62

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of REO Sales 2009 - 2012
Region

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

California

36%

37%

34%

31%

30%

29%

29%

28%

27%

28%

26%

27%

Amador

43%

36%

35%

45%

54%

33%

51%

48%

37%

41%

38%

40%

Butte

37%

38%

25%

32%

23%

23%

25%

34%

25%

28%

23%

37%

Humboldt

22%

24%

11%

26%

12%

22%

22%

25%

14%

21%

21%

23%

Kern

50%

52%

51%

47%

44%

45%

42%

41%

37%

41%

32%

35%

Lake

59%

61%

61%

62%

64%

73%

62%

57%

49%

67%

40%

52%

Los Angeles

25%

25%

25%

22%

20%

22%

20%

20%

20%

22%

20%

21%

Madera

42%

54%

49%

52%

83%

66%

74%

67%

51%

78%

79%

73%

Marin

26%

26%

15%

13%

14%

15%

13%

13%

19%

14%

13%

19%

Mendocino

52%

50%

55%

51%

35%

60%

52%

39%

33%

39%

45%

30%

Merced

42%

53%

43%

44%

42%

39%

44%

36%

40%

33%

32%

36%

Monterey

39%

40%

39%

33%

30%

28%

30%

36%

31%

33%

35%

28%

Napa

37%

38%

31%

30%

28%

29%

31%

28%

24%

22%

28%

32%

Orange

18%

18%

18%

16%

13%

12%

11%

12%

12%

12%

14%

15%

Riverside

45%

43%

43%

40%

41%

38%

41%

35%

35%

34%

32%

31%

Sacramento

47%

49%

48%

44%

41%

42%

37%

37%

37%

37%

33%

34%

San Benito

34%

31%

40%

39%

28%

40%

41%

37%

23%

33%

35%

38%

San Bernardino

55%

56%

54%

53%

51%

52%

51%

49%

50%

49%

45%

47%

San Diego

25%

25%

24%

20%

21%

20%

19%

19%

17%

18%

18%

18%

San Luis Obispo

30%

42%

33%

23%

22%

25%

25%

32%

25%

28%

30%

32%

San Mateo

19%

16%

14%

13%

11%

9%

10%

11%

13%

11%

11%

13%

Santa Clara

25%

22%

15%

13%

11%

13%

12%

10%

12%

10%

10%

12%

Santa Cruz

26%

32%

34%

28%

24%

20%

28%

15%

25%

20%

27%

25%

Siskiyou

62%

39%

60%

50%

71%

42%

41%

46%

54%

33%

27%

51%

Solano

55%

49%

51%

47%

46%

50%

46%

45%

42%

44%

44%

43%

Sonoma

41%

30%

37%

35%

28%

29%

24%

24%

26%

27%

25%

29%

Tehama

59%

79%

79%

60%

55%

67%

70%

51%

51%

43%

41%

41%

CALIFORNIA ASSOCIATION OF REALTORS

63

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of REO Sales 2009 - 2012
Region

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

California

28%

28%

26%

24%

23%

20%

17%

14%

12%

12%

11%

11%

Amador

42%

34%

36%

30%

37%

38%

28%

30%

20%

22%

24%

26%

Butte

25%

31%

24%

25%

16%

21%

24%

16%

21%

14%

26%

11%

Humboldt

26%

31%

22%

29%

28%

21%

29%

20%

19%

12%

12%

26%

Kern

35%

36%

26%

29%

24%

20%

22%

19%

18%

13%

14%

12%

Lake

55%

48%

49%

42%

51%

46%

37%

45%

33%

44%

33%

29%

Los Angeles

22%

23%

21%

20%

18%

18%

15%

12%

10%

10%

8%

8%

Madera

65%

59%

58%

56%

61%

48%

43%

35%

30%

36%

38%

42%

Marin

20%

16%

12%

13%

9%

10%

7%

9%

8%

8%

10%

8%

Mendocino

44%

44%

43%

56%

36%

36%

33%

39%

33%

40%

30%

28%

Merced

36%

27%

27%

25%

28%

18%

21%

22%

13%

21%

29%

15%

Monterey

30%

32%

22%

32%

26%

24%

22%

17%

12%

14%

16%

12%

Napa

26%

23%

19%

23%

20%

20%

12%

12%

11%

9%

13%

15%

Orange

15%

13%

15%

12%

12%

11%

8%

7%

6%

5%

5%

6%

Riverside

31%

31%

31%

28%

28%

24%

23%

19%

14%

13%

13%

11%

Sacramento

33%

34%

30%

30%

28%

23%

22%

17%

15%

12%

11%

11%

San Benito

22%

34%

26%

27%

31%

29%

22%

21%

20%

22%

4%

20%

San Bernardino

49%

47%

44%

40%

39%

37%

32%

26%

21%

21%

19%

20%

San Diego

20%

19%

16%

14%

15%

13%

11%

8%

7%

7%

7%

6%

San Luis Obispo

28%

23%

21%

25%

22%

20%

0%

15%

11%

12%

10%

11%

San Mateo

19%

15%

14%

11%

9%

9%

6%

5%

7%

6%

6%

6%

Santa Clara

15%

15%

14%

12%

11%

9%

7%

5%

4%

5%

4%

3%

Santa Cruz

29%

19%

23%

27%

18%

25%

13%

11%

13%

10%

13%

16%

Siskiyou

67%

67%

72%

45%

49%

50%

38%

27%

30%

26%

31%

42%

Solano

37%

40%

37%

35%

39%

27%

30%

25%

17%

20%

17%

20%

Sonoma

28%

27%

28%

21%

23%

15%

14%

12%

13%

8%

13%

13%

Tehama

53%

71%

48%

50%

44%

35%

49%

45%

31%

27%

37%

31%

CALIFORNIA ASSOCIATION OF REALTORS

64

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Short Sales 2009 - 2012
Region

Jan-09

Feb-09

Mar-09

Apr-09

May-09

Jun-09

Jul-09

Aug-09

Sep-09

Oct-09

Nov-09

Dec-09

California

9%

10%

10%

10%

12%

12%

12%

14%

14%

15%

17%

17%

Amador

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Butte

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Humboldt

5%

4%

7%

2%

2%

5%

2%

0%

4%

3%

6%

4%

Kern

8%

8%

9%

8%

10%

14%

12%

14%

15%

16%

15%

16%

Lake

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

14%

13%

14%

14%

15%

14%

14%

16%

17%

18%

18%

20%

Madera

1%

3%

0%

1%

0%

1%

4%

9%

7%

10%

9%

14%

Marin

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Mendocino

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Merced

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Monterey

7%

6%

7%

5%

10%

10%

11%

11%

15%

14%

21%

17%

Napa

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

17%

18%

17%

19%

17%

16%

15%

18%

18%

21%

18%

21%

Riverside

6%

8%

9%

9%

11%

12%

15%

17%

19%

20%

24%

22%

Sacramento

NA

NA

NA

NA

15%

17%

17%

19%

19%

21%

22%

25%

San Benito

2%

15%

12%

13%

11%

25%

11%

22%

19%

23%

32%

25%
13%

Los Angeles

Orange

San Bernardino

5%

6%

5%

5%

6%

6%

6%

7%

7%

10%

13%

San Diego

2%

2%

2%

2%

8%

11%

11%

9%

7%

6%

7%

7%

San Luis Obispo

13%

7%

7%

10%

12%

8%

12%

11%

8%

14%

14%

14%

San Mateo

15%

12%

10%

12%

10%

10%

11%

13%

15%

12%

12%

11%

Santa Clara

15%

12%

13%

11%

12%

13%

13%

15%

16%

18%

19%

20%

Santa Cruz

10%

10%

12%

9%

14%

11%

11%

7%

11%

12%

16%

15%

Siskiyou

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Solano

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Sonoma

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

Tehama

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

NA

CALIFORNIA ASSOCIATION OF REALTORS

65

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Short Sales 2009 - 2012
Region

Jan-10

Feb-10

Mar-10

Apr-10

May-10

Jun-10

Jul-10

Aug-10

Sep-10

Oct-10

Nov-10

Dec-10

California

19%

19%

19%

19%

19%

21%

20%

19%

19%

20%

19%

20%

Amador

21%

17%

13%

8%

20%

13%

16%

14%

17%

16%

20%

9%

Butte

14%

13%

10%

12%

15%

13%

11%

7%

10%

9%

12%

11%

Humboldt

6%

2%

NA

10%

6%

8%

4%

3%

14%

5%

5%

11%

Kern

NA

18%

19%

18%

20%

23%

22%

20%

24%

18%

20%

20%

Lake

9%

5%

3%

10%

5%

15%

5%

14%

6%

9%

9%

8%

Los Angeles

22%

23%

22%

22%

22%

25%

25%

24%

22%

25%

22%

24%

Madera

16%

9%

10%

10%

17%

15%

10%

12%

15%

13%

16%

10%

Marin

16%

19%

12%

14%

NA

13%

10%

14%

12%

9%

10%

16%

5%

8%

8%

2%

NA

5%

13%

3%

11%

9%

2%

8%

Merced

14%

14%

17%

20%

21%

20%

25%

15%

20%

22%

27%

13%

Monterey

21%

20%

21%

22%

21%

22%

24%

25%

28%

24%

21%

26%

Napa

28%

19%

20%

15%

NA

22%

18%

14%

17%

16%

18%

22%

Orange

25%

24%

24%

23%

21%

21%

24%

19%

20%

23%

22%

21%

Riverside

24%

25%

25%

26%

30%

32%

27%

29%

29%

26%

27%

26%

Sacramento

24%

22%

25%

24%

24%

26%

23%

27%

25%

24%

23%

23%

San Benito

19%

17%

22%

29%

32%

24%

23%

13%

19%

40%

28%

25%

San Bernardino

11%

13%

15%

16%

18%

19%

19%

18%

19%

18%

16%

19%

6%

7%

6%

8%

6%

8%

8%

8%

8%

7%

7%

7%

San Luis Obispo

16%

17%

17%

12%

10%

15%

16%

10%

13%

17%

12%

12%

San Mateo

15%

11%

11%

13%

11%

13%

11%

12%

12%

14%

12%

11%

Santa Clara

21%

21%

23%

21%

15%

20%

18%

19%

20%

18%

19%

22%

Santa Cruz

14%

13%

19%

16%

19%

23%

16%

15%

20%

12%

18%

17%

Siskiyou

5%

0%

0%

4%

7%

2%

4%

7%

10%

3%

11%

5%

Solano

23%

21%

25%

28%

NA

26%

28%

27%

25%

28%

28%

23%

Sonoma

21%

23%

21%

22%

NA

16%

18%

19%

19%

19%

17%

22%

Tehama

NA

NA

NA

NA

NA

11%

12%

28%

24%

13%

0%

19%

Mendocino

San Diego

CALIFORNIA ASSOCIATION OF REALTORS

66

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Short Sales 2009 - 2012
Region

Jan-11

Feb-11

Mar-11

Apr-11

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

Nov-11

Dec-11

California

23%

23%

21%

20%

21%

20%

19%

20%

22%

23%

23%

24%

Amador

15%

18%

26%

19%

7%

18%

4%

11%

17%

5%

6%

8%

Butte

11%

15%

10%

17%

21%

11%

18%

8%

18%

15%

13%

13%

Humboldt

4%

7%

8%

9%

5%

7%

5%

7%

5%

8%

7%

5%

Kern

20%

19%

20%

22%

22%

21%

20%

19%

23%

26%

27%

28%

Lake

11%

4%

10%

17%

16%

14%

8%

7%

9%

12%

17%

11%

Los Angeles

28%

29%

26%

24%

24%

24%

22%

24%

26%

24%

25%

27%

9%

19%

10%

3%

2%

17%

12%

7%

12%

11%

9%

7%

16%

17%

12%

15%

14%

11%

13%

15%

16%

12%

18%

18%

Madera
Marin
Mendocino

2%

12%

13%

5%

16%

2%

9%

9%

8%

10%

7%

15%

Merced

23%

20%

21%

17%

17%

24%

25%

23%

21%

24%

30%

28%

Monterey

27%

26%

26%

23%

29%

29%

30%

25%

27%

27%

24%

27%

Napa

22%

26%

21%

21%

15%

22%

21%

20%

27%

25%

25%

18%

Orange

24%

29%

22%

21%

22%

22%

20%

20%

24%

24%

22%

26%

Riverside

28%

27%

24%

25%

24%

23%

21%

26%

25%

28%

28%

31%

Sacramento

26%

22%

22%

22%

23%

23%

23%

23%

27%

27%

30%

29%

San Benito

34%

31%

31%

28%

38%

34%

24%

30%

50%

39%

31%

38%

San Bernardino

18%

19%

17%

16%

17%

16%

14%

14%

15%

16%

19%

19%

8%

9%

7%

7%

8%

7%

7%

8%

8%

10%

9%

10%

San Luis Obispo

17%

13%

14%

19%

18%

17%

17%

13%

16%

17%

13%

17%

San Mateo

19%

19%

13%

13%

13%

14%

12%

15%

13%

12%

17%

15%

Santa Clara

24%

25%

22%

22%

23%

18%

16%

21%

22%

24%

22%

24%

Santa Cruz

27%

16%

17%

18%

18%

16%

13%

20%

15%

20%

19%

16%

Siskiyou

0%

11%

3%

8%

11%

0%

4%

0%

0%

4%

6%

3%

Solano

26%

28%

25%

26%

25%

22%

24%

26%

31%

28%

28%

27%

Sonoma

20%

28%

21%

19%

20%

21%

22%

18%

22%

24%

26%

22%

Tehama

5%

0%

6%

8%

7%

7%

2%

5%

8%

5%

10%

9%

San Diego

CALIFORNIA ASSOCIATION OF REALTORS

67

May 2013

California and Selected Counties Exisiting Single-Family Homes


Monthly Share of Short Sales 2009 - 2012
Region
California
Amador
Butte
Humboldt

Jan-12

Feb-12

Mar-12

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Oct-12

Nov-12

Dec-12

26%

25%

23%

21%

21%

21%

23%

23%

24%

24%

23%

25%

8%

14%

28%

11%

13%

17%

13%

10%

16%

16%

9%

12%

18%

20%

16%

20%

22%

15%

8%

12%

14%

21%

11%

17%

8%

9%

12%

8%

7%

7%

5%

7%

9%

8%

7%

3%

Kern

29%

26%

27%

25%

24%

28%

23%

28%

27%

27%

27%

26%

Lake

17%

15%

14%

19%

19%

17%

16%

18%

14%

5%

15%

15%

Los Angeles

29%

27%

26%

23%

23%

23%

25%

24%

26%

26%

24%

26%

0%

15%

10%

8%

18%

10%

31%

14%

17%

18%

19%

26%

19%

24%

17%

15%

12%

10%

14%

16%

16%

13%

13%

12%

Madera
Marin
Mendocino

5%

12%

7%

11%

8%

12%

7%

4%

14%

3%

6%

11%

Merced

29%

37%

29%

34%

24%

33%

27%

36%

32%

25%

22%

34%

Monterey

27%

27%

27%

23%

25%

26%

28%

27%

28%

30%

32%

33%

Napa

36%

29%

34%

18%

24%

27%

22%

24%

26%

21%

19%

24%

Orange

27%

29%

23%

21%

21%

20%

21%

20%

19%

23%

22%

23%

Riverside

30%

30%

27%

26%

26%

28%

31%

32%

34%

36%

36%

36%

Sacramento

32%

31%

29%

30%

30%

30%

32%

35%

34%

35%

35%

40%

San Benito

55%

32%

35%

29%

28%

33%

29%

38%

35%

36%

24%

30%

San Bernardino

20%

18%

18%

17%

19%

20%

21%

22%

24%

24%

24%

24%

San Diego

10%

10%

9%

9%

9%

9%

9%

9%

8%

7%

6%

7%

San Luis Obispo

21%

19%

18%

19%

13%

14%

0%

15%

17%

16%

16%

15%

San Mateo

20%

22%

13%

13%

12%

12%

10%

10%

13%

11%

11%

14%

Santa Clara

26%

25%

19%

15%

17%

14%

16%

16%

18%

17%

15%

17%

Santa Cruz

25%

23%

19%

22%

15%

18%

15%

18%

18%

19%

18%

19%

Siskiyou

4%

0%

6%

17%

5%

9%

5%

4%

10%

6%

12%

3%

Solano

37%

34%

33%

34%

31%

36%

36%

35%

42%

42%

38%

38%

Sonoma

29%

23%

25%

23%

23%

25%

26%

20%

24%

22%

26%

24%

Tehama

12%

11%

11%

5%

21%

10%

11%

13%

17%

16%

18%

19%

CALIFORNIA ASSOCIATION OF REALTORS

68

May 2013

California Existing Single-Family Home


Annual Unsold Inventory Index (In Months) and Median
Time on Market (In Days) 1982 - 2012

Unsold Inventory Index


(In Months)
Year

Single-Family

Median Time on Market


(In Days)

Condominiums

Single-Family

Condominiums

1982

22.5

31.2

79

90

1983

16.0

28.2

79

95

1984

11.4

21.7

75

89

1985

10.4

23.3

68

86

1986

8.8

18.6

61

84

1987

5.4

9.3

52

69

1988

5.0

6.0

44

53

1989

6.5

5.0

48

44

1990

11.8

8.6

65

56

1991

13.2

12.9

72

72

1992

9.0

15.1

79

82

1993

10.2

12.7

81

87

1994

7.3

9.0

72

82

1995

8.5

10.8

70

78

1996

7.3

8.3

59

66

1997

6.4

6.0

48

46

1998

4.6

4.7

44

38

1999

3.7

3.7

41

39

2000

3.3

2.9

32

29

2001

3.4

3.2

29

28

2002

2.5

2.0

27

26

2003

2.0

1.9

27

26

2004

2.1

1.9

26

22

2005

2.8

3.2

32

25

2006

5.4

5.6

51

47

2007

9.2

6.7

55

47

2008

7.8

7.7

49

53

2009

4.6

5.3

41

47

2010

5.1

5.1

46

52

2011

5.3

5.7

55

64

2012

3.7

3.7

45

51

CALIFORNIA ASSOCIATION OF REALTORS

69

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

1982

1983

1984

1985

Month
Jan 1982
Feb 1982
Mar 1982
Apr 1982
May 1982
Jun 1982
Jul 1982
Aug 1982
Sep 1982
Oct 1982
Nov 1982
Dec 1982
Jan 1983
Feb 1983
Mar 1983
Apr 1983
May 1983
Jun 1983
Jul 1983
Aug 1983
Sep 1983
Oct 1983
Nov 1983
Dec 1983
Jan 1984
Feb 1984
Mar 1984
Apr 1984
May 1984
Jun 1984
Jul 1984
Aug 1984
Sep 1984
Oct 1984
Nov 1984
Dec 1984
Jan 1985
Feb 1985
Mar 1985
Apr 1985
May 1985
Jun 1985
Jul 1985
Aug 1985
Sep 1985
Oct 1985
Nov 1985
Dec 1985

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
26.9
36.9
24.8
30.5
18.9
24.9
19.7
24.2
20.9
26.4
17.9
23.2
23.3
29.2
22.0
34.5
25.7
34.1
26.3
36.2
20.2
34.7
23.1
39.6
23.8
38.7
27.0
45.6
21.1
39.5
16.9
26.2
14.3
24.2
12.8
24.7
12.9
24.3
11.9
19.9
11.9
18.5
13.6
28.2
13.5
28.2
12.1
19.8
11.9
20.4
12.6
22.4
12.0
22.9
12.5
25.6
9.6
19.5
10.0
19.6
10.9
23.5
10.1
19.9
12.8
21.8
10.8
22.5
12.0
20.7
11.8
21.7
13.2
34.1
14.5
31.5
12.5
25.1
10.5
21.5
9.2
20.0
9.8
22.8
9.4
21.4
8.4
18.4
9.1
19.5
8.4
17.6
10.0
23.5
9.3
23.7

70

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
79
79
84
97
70
99
76
87
78
88
75
83
72
90
70
82
81
108
80
81
84
98
83
87
84
97
88
93
82
91
76
87
79
90
82
101
81
87
80
98
75
91
75
99
76
107
78
99
78
94
82
110
76
89
75
86
70
80
67
87
73
88
74
95
74
87
76
94
76
83
80
87
75
98
85
87
70
88
67
74
68
89
69
96
67
97
66
83
58
81
66
81
65
90
67
93

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

1986

1987

1988

1989

Month
Jan 1986
Feb 1986
Mar 1986
Apr 1986
May 1986
Jun 1986
Jul 1986
Aug 1986
Sep 1986
Oct 1986
Nov 1986
Dec 1986
Jan 1987
Feb 1987
Mar 1987
Apr 1987
May 1987
Jun 1987
Jul 1987
Aug 1987
Sep 1987
Oct 1987
Nov 1987
Dec 1987
Jan 1988
Feb 1988
Mar 1988
Apr 1988
May 1988
Jun 1988
Jul 1988
Aug 1988
Sep 1988
Oct 1988
Nov 1988
Dec 1988
Jan 1989
Feb 1989
Mar 1989
Apr 1989
May 1989
Jun 1989
Jul 1989
Aug 1989
Sep 1989
Oct 1989
Nov 1989
Dec 1989

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
11.5
23.9
13.0
25.7
11.0
21.5
9.3
20.0
9.3
19.4
8.2
17.2
7.3
15.1
7.1
16.1
8.0
16.4
7.1
15.9
8.2
18.6
5.9
12.7
8.6
16.1
9.0
15.9
6.1
11.8
5.7
10.7
5.3
10.6
4.5
8.0
4.5
8.7
4.8
8.7
4.7
7.6
4.9
7.8
5.8
9.5
5.3
8.2
7.2
12.1
8.2
12.2
5.5
8.1
5.0
7.6
4.4
6.6
3.9
5.6
4.0
6.1
3.8
4.9
4.1
4.5
4.8
5.7
4.7
5.4
4.5
5.0
5.1
5.4
7.2
7.0
4.8
4.6
5.6
5.3
5.6
4.6
5.8
4.8
7.1
5.9
6.3
4.7
6.9
5.0
7.3
5.1
8.1
6.1
8.6
6.8

71

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
74
86
74
102
71
76
63
81
62
94
61
80
56
84
58
84
60
85
58
92
64
86
59
77
63
61
65
68
57
66
54
71
51
66
50
58
50
56
50
53
49
68
49
72
48
67
49
61
55
68
54
66
49
59
45
57
44
58
44
56
42
53
40
52
37
50
39
50
40
48
43
50
48
51
48
50
40
40
38
35
40
41
42
43
46
44
51
41
49
43
53
43
56
47
58
46

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

1990

1991

1992

1993

Month
Jan 1990
Feb 1990
Mar 1990
Apr 1990
May 1990
Jun 1990
Jul 1990
Aug 1990
Sep 1990
Oct 1990
Nov 1990
Dec 1990
Jan 1991
Feb 1991
Mar 1991
Apr 1991
May 1991
Jun 1991
Jul 1991
Aug 1991
Sep 1991
Oct 1991
Nov 1991
Dec 1991
Jan 1992
Feb 1992
Mar 1992
Apr 1992
May 1992
Jun 1992
Jul 1992
Aug 1992
Sep 1992
Oct 1992
Nov 1992
Dec 1992
Jan 1993
Feb 1993
Mar 1993
Apr 1993
May 1993
Jun 1993
Jul 1993
Aug 1993
Sep 1993
Oct 1993
Nov 1993
Dec 1993

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
10.7
8.1
12.9
9.4
9.8
6.5
10.8
7.5
10.5
7.2
11.2
8.1
11.6
8.0
10.6
8.1
13.4
10.4
12.5
10.2
14.1
12.7
14.2
13.4
16.0
15.2
18.8
18.3
12.8
12.2
10.2
9.4
9.8
9.0
11.0
10.9
11.2
10.5
12.7
12.2
13.8
14.7
13.8
13.4
15.5
17.1
13.7
15.0
16.5
16.6
18.4
19.0
12.5
12.7
11.9
11.7
12.9
13.6
12.7
14.2
13.8
15.8
15.4
17.5
14.7
18.4
13.2
16.6
15.1
20.4
11.6
14.9
15.4
21.7
17.9
21.7
12.5
14.9
12.3
14.8
12.9
15.9
10.8
14.2
10.7
14.1
10.9
13.7
12.7
13.6
11.1
14.7
10.0
14.2
8.2
11.2

72

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
62
52
64
55
60
51
58
51
60
53
63
55
63
56
64
58
68
58
67
62
72
61
73
65
77
75
77
74
74
71
68
67
67
67
68
68
66
65
68
69
65
69
73
74
71
78
78
79
81
83
81
92
77
84
70
76
73
80
71
85
75
82
75
83
76
80
79
85
78
83
83
85
86
85
93
95
80
87
70
72
68
77
69
76
68
76
71
80
72
82
73
78
76
84
78
88

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

1994

1995

1996

1997

Month
Jan 1994
Feb 1994
Mar 1994
Apr 1994
May 1994
Jun 1994
Jul 1994
Aug 1994
Sep 1994
Oct 1994
Nov 1994
Dec 1994
Jan 1995
Feb 1995
Mar 1995
Apr 1995
May 1995
Jun 1995
Jul 1995
Aug 1995
Sep 1995
Oct 1995
Nov 1995
Dec 1995
Jan 1996
Feb 1996
Mar 1996
Apr 1996
May 1996
Jun 1996
Jul 1996
Aug 1996
Sep 1996
Oct 1996
Nov 1996
Dec 1996
Jan 1997
Feb 1997
Mar 1997
Apr 1997
May 1997
Jun 1997
Jul 1997
Aug 1997
Sep 1997
Oct 1997
Nov 1997
Dec 1997

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
11.7
14.2
12.6
15.5
9.0
11.5
8.5
11.8
8.2
10.1
7.9
11.1
9.3
12.3
8.9
12.6
9.7
12.9
10.3
13.5
9.9
13.7
8.8
12.7
13.3
15.2
15.2
19.4
11.2
14.4
12.1
17.6
10.7
14.6
9.8
14.0
10.8
1.3
9.1
11.1
8.7
14.4
9.4
12.6
9.6
13.7
8.6
11.5
10.6
13.8
11.4
14.3
8.4
11.6
7.7
11.2
7.4
9.5
7.7
9.5
7.2
9.8
7.5
8.2
9.5
10.3
8.3
8.9
9.1
9.2
7.1
9.0
9.6
9.5
10.2
10.4
8.3
7.4
7.2
8.6
6.8
6.5
6.6
6.2
6.3
6.2
5.9
5.6
6.1
5.5
5.5
5.5
6.7
5.9
4.8
4.6

73

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
83
87
81
92
74
83
67
73
63
74
60
74
63
74
64
74
65
79
68
69
69
76
72
88
79
88
78
91
73
83
68
66
65
75
65
72
65
73
69
76
69
78
69
72
67
73
73
75
74
86
72
78
65
72
58
70
57
68
53
61
54
65
54
59
53
59
54
58
55
53
55
55
57
60
58
57
53
57
47
51
45
49
46
46
46
46
40
40
45
46
42
47
45
45
46
47

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

1998

1999

2000

2001

Month
Jan 1998
Feb 1998
Mar 1998
Apr 1998
May 1998
Jun 1998
Jul 1998
Aug 1998
Sep 1998
Oct 1998
Nov 1998
Dec 1998
Jan 1999
Feb 1999
Mar 1999
Apr 1999
May 1999
Jun 1999
Jul 1999
Aug 1999
Sep 1999
Oct 1999
Nov 1999
Dec 1999
Jan 2000
Feb 2000
Mar 2000
Apr 2000
May 2000
Jun 2000
Jul 2000
Aug 2000
Sep 2000
Oct 2000
Nov 2000
Dec 2000
Jan 2001
Feb 2001
Mar 2001
Apr 2001
May 2001
Jun 2001
Jul 2001
Aug 2001
Sep 2001
Oct 2001
Nov 2001
Dec 2001

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
6.9
6.2
7.5
6.0
5.3
4.4
5.0
4.1
4.5
4.8
4.4
4.8
4.9
4.2
5.2
4.6
5.4
3.7
5.3
5.4
5.6
5.4
4.4
4.7
6.1
6.2
6.0
6.0
3.3
3.3
3.6
3.6
4.1
4.1
3.6
3.6
3.1
3.1
4.0
4.0
3.6
3.6
3.5
3.5
3.8
3.8
2.8
2.8
5.0
3.8
4.3
3.4
3.0
2.3
3.1
2.2
3.3
2.4
3.0
2.3
3.2
2.8
3.1
2.3
3.2
2.6
3.0
2.5
2.6
2.1
2.7
2.4
4.2
4.1
4.0
3.2
3.1
3.3
4.0
3.4
3.6
3.1
3.4
3.0
3.5
3.0
3.1
2.5
3.9
3.3
4.0
3.9
3.5
2.1
2.8
1.9

74

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
50
49
49
50
40
36
33
35
36
29
32
28
37
28
39
28
42
31
65
34
45
32
50
41
51
51
50
51
42
43
39
40
35
34
38
28
37
35
40
32
36
30
35
37
39
37
36
24
52
50
35
37
32
28
30
28
29
27
30
25
29
25
30
27
30
27
31
28
33
27
34
28
30
30
34
27
26
24
25
24
25
24
27
25
28
28
29
29
29
27
34
29
32
29
35
29

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

2002

2003

2004

2005

Month
Jan 2002
Feb 2002
Mar 2002
Apr 2002
May 2002
Jun 2002
Jul 2002
Aug 2002
Sep 2002
Oct 2002
Nov 2002
Dec 2002
Jan 2003
Feb 2003
Mar 2003
Apr 2003
May 2003
Jun 2003
Jul 2003
Aug 2003
Sep 2003
Oct 2003
Nov 2003
Dec 2003
Jan 2004
Feb 2004
Mar 2004
Apr 2004
May 2004
Jun 2004
Jul 2004
Aug 2004
Sep 2004
Oct 2004
Nov 2004
Dec 2004
Jan 2005
Feb 2005
Mar 2005
Apr 2005
May 2005
Jun 2005
Jul 2005
Aug 2005
Sep 2005
Oct 2005
Nov 2005
Dec 2005

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
3.1
2.6
3.0
2.1
3.1
1.6
2.0
1.5
2.1
1.5
2.4
2.1
2.5
2.0
2.5
1.8
3.2
3.3
3.0
2.5
3.2
2.9
2.5
2.0
2.8
2.3
3.4
3.2
2.7
2.6
2.6
2.5
2.3
2.2
2.3
2.0
2.0
1.9
2.0
1.7
2.1
1.8
2.1
1.8
2.2
2.0
1.9
1.6
2.3
2.4
1.8
1.7
1.3
1.2
1.3
1.3
1.6
1.7
1.7
2.4
2.4
3.3
3.6
3.7
3.0
4.1
3.0
4.3
2.0
4.2
3.0
3.1
3.2
4.6
3.2
4.6
2.2
3.0
2.4
3.2
2.7
3.4
2.5
3.4
2.9
4.1
2.6
3.2
3.2
3.6
3.4
4.5
3.6
4.6
3.5
4.5

75

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
39
32
39
29
28
26
26
26
24
24
24
24
24
21
24
25
24
24
26
26
27
28
28
30
32
29
34
28
30
28
28
28
27
27
28
24
26
24
26
23
24
22
26
24
27
24
27
24
27
23
26
23
25
22
23
20
22
20
23
21
24
23
26
25
29
26
34
27
36
28
40
32
44
39
40
34
30
25
28
23
27
23
28
24
29
24
29
26
30
27
34
27
39
29
43
40

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

2006

2007

2008

2009

Month
Jan 2006
Feb 2006
Mar 2006
Apr 2006
May 2006
Jun 2006
Jul 2006
Aug 2006
Sep 2006
Oct 2006
Nov 2006
Dec 2006
Jan 2007
Feb 2007
Mar 2007
Apr 2007
May 2007
Jun 2007
Jul 2007
Aug 2007
Sep 2007
Oct 2007
Nov 2007
Dec 2007
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009

CALIFORNIA ASSOCIATION OF REALTORS

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
6.2
7.5
6.6
7.7
4.7
5.7
5.7
6.3
6.0
5.8
6.1
6.4
7.3
8.2
5.9
5.9
6.4
6.7
6.4
6.9
6.4
6.4
5.9
5.3
7.6
7.0
8.2
6.3
7.6
5.1
11.3
8.3
10.7
7.8
10.2
8.0
10.0
8.0
10.6
8.2
16.0
11.7
15.2
11.9
14.3
11.4
13.4
10.7
16.6
14.7
15.3
14.1
12.2
11.4
9.8
9.8
8.7
9.3
7.6
6.4
6.9
6.6
7.0
6.5
6.5
6.0
6.1
5.9
7.1
7.6
5.6
6.0
7.3
8.8
7.1
9.1
5.6
6.7
5.0
6.3
4.6
5.6
4.2
4.9
4.0
4.6
4.6
5.0
4.5
4.7
4.2
4.4
4.5
5.0
3.8
4.2

76

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
48
44
53
49
45
40
43
38
45
40
42
42
48
44
51
46
54
49
57
52
68
62
72
66
69
58
66
57
53
42
53
50
51
48
52
52
51
43
55
48
57
52
59
51
62
58
67
59
71
74
69
71
57
52
52
53
49
55
49
53
48
50
48
49
46
48
46
48
44
47
46
48
50
55
51
54
49
53
48
50
52
50
44
54
40
45
35
43
34
37
34
35
33
38
35
38

May 2013

California Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) and Median Time
on Market (In Days) 1982 - 2012

2010

2011

2012

Month
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Unsold Inventory Index


(In
Months)
Single-Family
Condominiums
5.7
6.1
6.0
6.6
4.8
5.2
4.9
5.8
4.5
4.8
4.6
5.2
5.6
6.2
5.8
6.3
5.9
6.8
6.2
7.1
6.2
7.3
5.0
5.5
6.7
7.8
7.5
7.8
5.4
5.7
5.6
5.9
5.1
6.0
5.1
5.2
5.6
6.1
5.2
5.3
5.3
6.2
5.5
6.0
5.3
5.9
4.3
4.7
5.8
6.2
5.4
5.5
4.2
4.2
4.2
4.0
3.5
3.6
3.5
3.5
3.5
3.5
3.2
3.1
3.7
3.6
3.1
3.0
3.1
3.0
2.6
2.2

Monthly Median Time on Market (In


Days)
Single-Family
Condominiums
33
46
39
42
37
40
37
41
38
42
42
48
42
47
46
50
50
55
52
56
55
56
58
64
62
71
65
72
57
64
53
59
52
58
50
58
52
58
53
58
54
65
55
64
57
68
59
70
60
73
57
67
52
57
49
55
46
53
43
49
43
49
41
47
39
47
38
46
38
44
38
43

Monthly Unsold Inventory Index for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or
go to www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

77

May 2013

California Counties, Existing Single-Family Home


Unsold Inventory Index (In Months)
Monthly 2008-2012

2008

2009

2010

2011

2012

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Alameda
14.9
13.5
10.0
8.7
6.9
6.6
6.2
5.8
6.4
5.8
7.1
7.0
7.3
7.8
5.7
5.2
4.3
3.6
3.2
3.4
3.1
3.2
3.4
2.7
4.8
5.1
4.0
4.8
3.6
3.7
4.5
5.6
5.3
5.9
5.1
3.5
6.1
6.9
4.1
4.5
4.8
4.0
4.4
4.3
4.6
4.9
3.5
2.9
4.3
5.0
3.3
2.8
2.5
2.1
2.1
2.2
2.6
2.0
1.6
1.3

Butte
11.3
12.4
13.2
8.3
10.0
8.2
8.7
8.6
10.8
8.6
9.6
8.2
12.7
11.5
9.9
8.0
4.1
5.8
6.7
9.3
9.1
6.2
7.5
5.5
8.9
8.9
7.2
7.0
6.2
6.0
8.1
7.1
7.1
6.2
9.3
7.0
9.3
9.8
7.0
6.6
8.2
6.7
6.7
6.0
5.0
5.4
5.2
4.5
5.9
4.5
4.1
3.9
4.3
4.4
3.8
3.7
4.6
3.6
3.9
3.5

Contra
Costa
10.3
10.5
8.6
7.2
6.3
5.9
5.2
4.9
5.6
5.4
6.9
5.7
8.0
10.2
9.0
7.4
5.8
4.6
3.8
4.8
4.7
4.4
4.3
3.4
5.9
6.8
5.4
4.8
4.2
4.5
5.0
5.5
5.4
6.6
6.7
4.0
7.1
6.5
4.9
4.9
4.9
4.3
4.6
4.1
4.6
4.7
4.8
2.8
5.2
5.0
3.4
2.8
2.5
2.2
2.1
2.2
2.4
2.4
1.9
1.4

El Dorado
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
9.6
7.1
9.2
10.7
8.8
8.5
11.3
7.4
9.4
11.5
9.3
NA
NA
NA
NA
NA
NA
6.7
5.5
4.9
4.8
4.7
4.4
4.1
3.4
3.9
3.3
3.4
3.2

Fresno
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
4.1
4.7
3.9
4.4
3.9
3.8
4.2
4.1
4.1
5.8
5.3
4.5
4.3
4.1
4.1
4.2
4.0
4.7
3.7
4.2
3.8

Humboldt
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
9.8
10.7
7.3
9.1
8.9
8.3
13.7
9.3
9.8
9.2
11.1
7.3
7.5
13.8
9.3
9.0
12.2
8.0
10.2
8.2
8.1
7.9
7.6
5.5
6.9
6.6
6.9
7.1
6.7
6.1
6.6
6.8
6.3
5.7
5.5
4.7

Kern
15.7
14.8
11.4
9.1
8.1
6.9
7.2
6.2
5.3
5.7
7.3
5.4
5.5
4.5
4.3
3.0
3.4
3.3
3.1
3.4
3.0
2.8
3.2
2.8
4.2
4.7
3.6
3.9
3.1
3.4
4.0
4.7
4.8
5.4
5.4
4.7
5.5
6.1
4.4
4.2
3.9
4.2
4.5
3.4
3.9
4.2
3.8
3.6
3.7
4.2
3.4
3.4
1.6
1.6
3.4
3.1
2.9
3.1
2.6
2.1

Los Angeles
Lake
24.8
19.2
26.2
19.5
34.6
14.9
16.5
12.0
19.4
9.9
19.4
9.3
13.3
7.6
18.7
7.8
16.7
7.3
12.3
6.3
18.7
7.4
10.3
5.6
13.4
7.1
14.1
7.1
NA
5.5
10.0
4.8
10.8
4.4
9.0
3.9
10.4
3.6
8.9
4.1
10.3
3.9
13.2
3.7
11.4
4.2
7.7
3.5
NA
5.5
9.3
5.8
6.9
4.6
7.1
4.6
7.8
4.3
6.3
4.6
8.5
5.7
11.7
5.8
7.9
6.0
10.4
6.4
9.7
6.7
9.8
5.3
8.0
6.6
8.4
7.8
7.7
5.5
6.7
5.8
7.7
6.0
7.5
5.4
8.8
5.8
5.8
5.5
6.6
5.5
8.0
5.7
8.0
5.6
6.4
4.7
6.8
6.1
5.7
5.7
5.5
4.3
6.2
4.4
4.3
3.6
5.2
3.4
4.8
3.4
6.6
3.0
6.7
3.7
5.6
3.0
5.4
2.9
4.5
2.4

Marin
6.6
6.9
7.6
6.4
6.9
6.3
6.0
6.9
7.0
8.0
9.4
7.7
11.7
14.3
11.9
11.0
8.0
6.3
7.0
6.9
8.2
6.3
5.3
3.8
7.7
7.9
7.3
6.1
6.5
5.7
7.0
8.8
8.0
7.8
6.4
4.7
6.4
8.4
5.1
7.2
6.5
5.1
6.3
5.7
6.1
6.4
5.0
4.7
5.2
4.0
4.6
4.1
4.4
4.3
3.9
3.6
4.7
3.5
3.5
2.2

Monthly Unsold Inventory Index for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or go to
www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

78

May 2013

California Counties Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) 2008 - 2012

2008

2009

2010

2011

2012

Month
Mendocino
Jan 2008
17.0
Feb 2008
22.0
Mar 2008
24.4
Apr 2008
23.4
May 2008
16.8
Jun 2008
20.4
Jul 2008
17.2
Aug 2008
14.1
Sep 2008
16.9
Oct 2008
18.0
Nov 2008
24.1
Dec 2008
14.5
Jan 2009
19.3
Feb 2009
15.1
Mar 2009
14.0
Apr 2009
13.7
May 2009
10.0
Jun 2009
9.4
Jul 2009
11.4
Aug 2009
15.2
Sep 2009
10.4
Oct 2009
9.3
Nov 2009
10.9
Dec 2009
9.0
Jan 2010
9.9
Feb 2010
15.4
Mar 2010
11.0
Apr 2010
9.3
May 2010
12.5
Jun 2010
13.1
Jul 2010
16.4
Aug 2010
16.1
Sep 2010
14.1
Oct 2010
13.3
Nov 2010
9.1
Dec 2010
7.8
Jan 2011
9.0
Feb 2011
11.0
Mar 2011
8.4
Apr 2011
9.8
May 2011
12.6
Jun 2011
10.5
Jul 2011
9.6
Aug 2011
8.2
Sep 2011
12.2
Oct 2011
10.8
Nov 2011
7.5
Dec 2011
6.1
Jan 2012
7.8
Feb 2012
9.6
Mar 2012
7.6
Apr 2012
6.9
May 2012
7.8
Jun 2012
8.9
Jul 2012
6.6
Aug 2012
8.1
Sep 2012
7.6
Oct 2012
6.3
Nov 2012
7.1
Dec 2012
5.3

Merced
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
3.2
3.1
3.5
3.8
3.3
3.7
3.7
3.6
6.2
5.3
4.1
4.4
4.1
4.2
5.3
4.7
4.5
3.9
3.8
3.8
5.3
4.3
3.7
3.0
2.7
2.5
3.6
2.8
3.4
2.8
3.4
2.6

Monterey
26.3
24.3
23.4
14.4
14.2
10.7
10.6
8.4
8.3
7.3
9.2
6.2
8.2
7.9
5.5
5.5
4.8
3.9
4.2
4.1
4.5
3.5
4.9
3.7
5.8
6.3
4.7
5.2
5.2
5.1
6.5
5.8
6.1
5.8
6.6
4.9
6.6
5.8
4.8
5.4
5.4
5.3
5.6
5.6
5.7
6.1
4.6
4.2
5.7
5.4
4.0
4.1
3.4
4.1
4.4
4.0
4.2
3.8
3.4
3.2

Napa
18.3
19.7
15.0
12.6
12.3
11.3
9.8
10.4
10.9
9.5
12.6
7.6
13.4
12.1
8.3
9.5
8.4
8.0
7.2
7.4
8.2
7.4
8.0
5.8
9.2
10.5
7.4
9.8
8.6
7.8
9.0
8.6
9.0
11.8
8.8
7.8
8.3
9.9
6.4
6.6
7.3
7.8
9.3
7.2
7.9
7.7
8.1
5.8
6.3
6.4
5.9
6.5
5.2
5.4
6.2
5.2
5.7
4.1
4.1
4.4

Orange
21.5
16.2
13.1
10.4
9.5
8.7
7.8
7.8
7.6
6.9
8.5
7.0
11.1
10.3
8.3
8.7
7.6
7.1
6.8
7.4
7.2
7.1
5.8
5.4
8.2
8.5
6.5
6.8
5.8
6.1
6.1
7.9
7.4
7.7
7.5
6.1
8.5
9.6
7.0
7.5
7.1
6.6
7.5
6.6
6.4
6.9
7.0
5.8
8.0
7.1
4.9
4.8
4.3
4.2
4.0
3.6
4.1
3.2
3.3
2.7

Placer
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
5.7
4.4
3.8
4.2
3.5
3.7
2.8
2.5
2.8
2.7
2.3
1.9

Riverside
16.6
19.0
11.9
9.4
8.2
7.0
6.3
6.0
5.4
4.9
5.6
4.3
5.5
5.5
3.9
3.5
3.3
3.0
2.9
3.2
3.3
3.1
3.4
3.1
4.3
4.6
3.9
3.9
3.8
3.8
4.6
4.6
5.2
5.2
5.3
4.3
6.5
6.4
5.0
5.0
4.9
4.3
4.8
4.4
4.8
5.1
5.3
4.5
6.0
5.5
3.8
4.5
3.1
3.0
3.1
3.2
3.6
3.4
3.5
3.1

SacraSan
mento
San Benito Bernardino
12.1
29.9
22.0
10.0
27.0
19.8
8.3
23.7
16.5
5.9
16.1
14.0
4.8
15.1
10.3
4.5
12.3
10.5
4.0
7.6
8.4
3.9
7.1
9.0
3.5
6.1
7.7
3.5
7.0
7.4
3.9
7.6
8.5
3.3
4.8
7.5
3.8
6.0
6.7
3.6
5.4
7.2
3.6
3.9
5.4
3.1
5.2
4.6
2.9
3.4
4.1
3.1
5.6
3.5
2.9
4.6
3.5
3.0
5.4
3.5
3.2
3.5
3.6
3.1
4.5
3.5
3.6
3.1
4.1
3.3
3.6
3.6
4.6
4.8
5.0
4.8
5.2
5.3
3.7
5.1
4.4
2.5
4.0
4.6
2.4
3.6
4.6
2.5
3.9
4.3
3.5
4.8
5.1
3.4
8.9
5.6
3.6
5.1
5.8
4.0
8.4
5.8
3.7
5.6
5.9
3.4
4.3
5.2
6.3
6.0
6.3
6.6
6.0
6.2
4.5
5.2
5.0
5.3
4.4
5.0
4.7
3.8
5.5
4.6
5.9
4.9
4.7
4.8
5.0
4.5
5.9
4.6
4.5
4.7
4.8
4.4
4.9
4.9
4.4
4.2
4.7
3.7
3.0
4.2
5.2
3.4
5.2
4.8
3.7
5.1
3.9
3.4
4.1
4.0
2.4
4.3
3.3
2.1
3.6
3.4
2.9
3.4
2.4
3.5
3.8
2.2
3.4
3.4
2.4
3.0
4.1
1.9
2.7
3.5
2.0
2.8
3.6
1.6
1.6
3.3

Monthly Unsold Inventory Index for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or go to
www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

79

May 2013

California Counties Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) 2008 - 2012

2008

2009

2010

2011

2012

San Diego
Month
Jan 2008
15.6
Feb 2008
14.5
Mar 2008
12.7
Apr 2008
8.9
May 2008
11.4
Jun 2008
NA
Jul 2008
5.0
Aug 2008
6.2
Sep 2008
4.1
Oct 2008
4.7
Nov 2008
6.1
Dec 2008
4.1
Jan 2009
8.1
Feb 2009
8.0
Mar 2009
6.2
Apr 2009
5.6
May 2009
5.6
Jun 2009
5.1
Jul 2009
5.0
Aug 2009
5.6
Sep 2009
5.2
Oct 2009
5.0
Nov 2009
5.7
Dec 2009
4.5
Jan 2010
7.8
Feb 2010
7.7
Mar 2010
6.0
Apr 2010
6.5
May 2010
5.6
Jun 2010
6.1
Jul 2010
7.1
Aug 2010
7.1
Sep 2010
7.3
Oct 2010
7.7
Nov 2010
7.9
Dec 2010
5.9
Jan 2011
9.4
Feb 2011
8.9
Mar 2011
6.8
Apr 2011
6.6
May 2011
6.8
Jun 2011
6.4
Jul 2011
6.7
Aug 2011
6.4
Sep 2011
6.4
Oct 2011
7.0
Nov 2011
6.4
Dec 2011
5.0
Jan 2012
7.1
Feb 2012
6.3
Mar 2012
5.1
Apr 2012
4.8
May 2012
4.2
Jun 2012
4.2
Jul 2012
4.2
Aug 2012
3.7
Sep 2012
4.3
Oct 2012
3.7
Nov 2012
3.8
Dec 2012
3.0

San
Francisco San Joaquin
9.9
NA
8.4
NA
7.9
NA
6.6
NA
6.3
NA
6.0
NA
5.7
NA
6.1
NA
6.5
NA
6.6
NA
7.0
NA
5.8
NA
10.0
NA
7.9
NA
6.9
NA
5.8
NA
5.5
NA
5.0
NA
4.2
NA
5.8
NA
6.0
NA
4.4
NA
4.4
NA
3.6
NA
6.2
NA
7.7
NA
5.4
NA
6.0
NA
5.2
NA
5.3
NA
6.1
NA
6.1
NA
7.5
NA
6.6
NA
6.5
NA
4.2
NA
6.1
NA
8.5
NA
5.1
NA
5.1
NA
5.2
NA
4.8
NA
5.0
NA
5.6
NA
6.3
NA
6.1
NA
4.7
NA
2.9
NA
6.0
4.6
4.8
4.6
3.9
3.5
4.0
4.1
3.7
3.7
3.1
3.6
3.5
2.7
3.2
2.3
4.3
2.9
2.9
2.1
2.3
2.7
2.2
1.9

San Luis
Obispo
San Mateo
8.9
10.6
8.3
8.4
6.2
6.8
5.0
5.9
9.3
5.8
9.8
5.4
9.4
4.4
6.8
4.8
8.5
6.5
7.8
5.4
12.1
6.0
8.9
4.8
12.4
9.3
11.1
7.8
9.3
6.7
9.8
5.8
7.8
5.0
7.1
3.8
7.2
3.9
8.3
4.1
7.6
4.1
6.2
3.6
6.8
3.7
6.3
2.8
8.7
4.9
10.1
5.5
7.1
4.9
8.0
4.9
7.7
4.3
7.6
4.1
8.3
4.9
8.9
4.8
8.6
6.1
8.0
4.6
8.9
4.4
7.0
3.2
7.3
5.7
8.4
6.1
6.3
4.3
6.3
4.7
6.8
3.9
6.2
3.5
5.8
4.0
5.5
3.8
5.9
4.0
6.0
4.7
5.7
3.7
4.2
2.9
7.0
4.5
5.9
4.0
4.7
2.4
4.7
2.5
3.6
2.3
4.0
2.1
3.9
2.2
4.5
2.3
5.1
3.0
3.9
2.0
3.9
1.9
3.0
1.5

Santa
Barbara
Santa Clara Santa Cruz
8.3
14.0
14.5
7.5
12.5
14.6
7.1
10.1
15.3
5.4
9.4
10.7
5.6
7.2
10.0
5.6
6.7
8.3
6.3
6.8
8.3
5.5
6.7
8.2
4.8
6.4
8.4
6.0
6.9
8.3
8.7
8.3
10.9
5.5
6.6
8.1
9.1
8.3
11.9
11.5
8.7
10.7
10.0
7.0
9.0
8.7
5.2
7.3
8.4
4.5
6.5
6.0
3.3
4.9
5.8
3.0
5.1
7.9
3.6
5.7
5.9
3.0
5.6
6.1
3.0
4.5
6.7
3.0
4.6
4.5
2.5
3.9
8.3
4.7
6.9
8.9
5.0
7.7
6.8
3.8
6.0
6.9
3.9
7.6
6.8
3.1
5.7
6.9
3.7
6.5
7.0
4.1
7.1
9.4
4.7
6.5
8.2
4.8
6.7
8.9
4.7
8.2
7.1
4.0
6.4
6.0
3.1
5.5
10.7
4.8
8.0
9.5
5.1
8.1
6.2
3.6
5.0
7.7
3.4
6.2
7.0
3.8
6.6
6.9
3.2
5.4
6.9
3.9
7.3
5.8
3.5
5.4
6.1
3.9
6.1
7.1
3.9
5.4
7.0
3.4
5.3
3.3
2.6
3.8
6.4
3.8
6.3
6.7
3.5
5.4
4.6
2.5
4.0
4.9
2.3
4.5
3.7
2.0
3.3
4.2
2.1
4.4
3.6
2.1
4.6
4.3
2.1
3.4
5.1
2.3
3.1
4.9
1.9
3.3
4.2
1.6
2.8
3.2
1.2
2.7

Shasta
NA
NA
NA
NA
NA
NA
11.4
10.4
10.1
9.3
10.9
10.4
14.9
12.3
10.7
11.1
9.6
8.7
8.1
8.5
8.1
6.7
7.9
6.6
11.0
10.7
7.5
9.0
8.3
8.2
9.0
10.2
8.2
8.5
8.5
6.5
8.9
10.5
6.9
6.6
6.1
5.5
6.2
5.6
5.4
5.7
5.3
4.6
5.0
4.6
4.5
4.8
4.6
4.1
4.4
4.3
4.7
4.1
4.2
4.0

Siskiyou
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
20.2
10.5
11.7
16.8
13.8
18.3
14.2
16.1
15.2
11.5
8.3
11.4
12.6
19.9
12.6
10.3
13.5
10.7
8.6
13.2
10.9
6.9
8.4

Monthly Unsold Inventory Index for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or go to
www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

80

May 2013

California Counties Existing Single-Family Home


Monthly Unsold Inventory Index (In Months) 2008 - 2012

2008

2009

2010

2011

2012

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Solano
21.6
19.2
13.3
10.5
9.4
10.2
8.5
8.6
7.4
6.5
7.8
5.8
7.7
5.7
4.7
4.0
3.3
3.2
3.1
3.7
3.3
3.9
3.9
3.9
5.4
6.3
4.9
5.2
4.4
3.7
5.7
5.7
6.4
6.7
6.1
5.2
7.1
7.8
4.5
5.2
5.5
4.5
5.0
5.1
5.0
5.0
5.1
3.9
3.8
3.7
4.0
4.4
3.6
3.7
3.6
3.1
3.7
3.4
3.3
2.6

Sonoma
Stanislaus
13.2
NA
12.3
NA
8.8
NA
7.0
NA
8.5
NA
8.0
NA
7.8
NA
7.8
NA
7.1
NA
5.5
NA
7.1
NA
5.8
NA
6.7
NA
7.4
NA
6.2
NA
5.3
NA
5.6
NA
5.5
NA
5.3
NA
NA
NA
5.6
NA
5.1
NA
5.4
NA
4.3
NA
7.3
NA
6.7
NA
6.2
NA
6.5
NA
5.8
NA
5.7
NA
7.3
NA
6.6
NA
6.6
NA
7.7
NA
6.9
NA
5.4
NA
7.9
NA
8.1
NA
5.0
NA
6.2
NA
7.4
NA
5.9
NA
6.5
NA
5.7
NA
6.6
NA
5.8
NA
5.5
NA
4.7
NA
4.9
5.2
4.5
4.5
4.9
3.9
4.6
3.5
4.3
3.5
3.9
3.0
3.9
2.4
3.7
2.3
4.3
2.6
3.3
2.2
3.4
2.0
3.0
2.0

Tehama
24.8
18.9
17.5
21.5
13.7
15.2
17.5
12.9
16.1
14.6
8.6
13.4
16.7
10.4
7.7
14.1
12.1
8.0
12.9
10.3
8.8
8.2
9.7
7.7
15.6
9.1
8.0
11.6
11.1
7.3
12.8
12.0
11.8
9.8
8.3
7.6
13.8
12.6
8.6
6.2
7.9
7.4
7.3
9.3
5.4
8.3
7.0
5.7
7.3
6.5
5.5
6.4
5.1
5.9
7.1
5.4
6.9
4.5
5.4
NA

Tulare
(Visalia)
15.8
19.0
15.5
12.0
9.5
8.3
7.2
8.8
9.0
8.4
11.3
6.9
7.5
8.0
4.9
4.7
4.9
4.3
4.4
4.5
4.7
4.4
5.6
4.3
7.0
6.2
5.7
5.6
5.0
5.7
7.2
7.2
7.3
6.9
6.9
5.3
7.3
6.7
4.6
5.7
4.6
5.0
5.4
4.7
4.6
4.5
4.1
3.8
4.9
4.9
4.0
3.9
3.7
2.7
3.6
3.0
4.0
3.7
3.8
2.8

Tuolumne
NA
NA
13.1
21.0
18.1
13.0
19.9
12.6
18.5
13.1
15.0
12.5
21.4
14.7
10.9
14.2
12.0
14.5
13.9
16.0
10.3
9.5
11.6
7.0
24.2
16.7
11.7
9.7
10.7
10.7
12.9
13.4
18.1
10.1
12.1
7.4
7.4
11.0
11.0
9.5
10.7
8.9
12.4
8.1
6.6
6.8
8.1
5.9
8.4
5.5
5.9
9.0
6.4
5.8
6.0
6.2
6.7
4.5
4.8
5.6

Ventura
NA
NA
NA
6.1
10.6
8.2
6.3
6.3
6.2
5.4
6.1
4.7
6.2
4.4
4.5
4.7
4.0
3.9
3.7
4.0
4.2
4.2
3.3
3.0
5.5
5.0
3.8
3.6
3.9
4.4
5.3
6.3
5.4
7.8
5.2
5.7
6.7
7.2
7.0
5.9
7.5
6.6
6.8
6.5
6.2
6.9
7.5
5.7
7.9
8.2
5.8
5.1
4.4
4.3
5.0
4.0
4.3
4.6
3.5
3.1

Yolo
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
2.2
NA
3.1
4.0
4.2
3.0
2.3
5.9
5.6
4.6
4.9
3.7
3.2
2.8
2.5
2.7
2.5
2.4
2.2

Monthly Unsold Inventory Index for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or
go to www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

81

May 2013

California Counties Existing Single-Family Home


Monthly Median Time on Market (In Days) 2008 - 2012

2008

2009

2010

2011

2012

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Alameda
82
71
57
68
65
69
68
71
71
68
70
75
86
88
80
74
76
77
70
69
66
64
64
62
74
73
63
59
60
69
66
70
76
75
78
84
88
96
74
69
69
65
74
73
68
80
83
83
99
88
75
61
64
60
59
59
59
58
58
63

Butte
86
106
109
99
79
66
86
93
89
77
83
86
106
96
123
98
97
81
98
79
80
99
106
125
38
71
69
45
47
45
50
64
59
68
71
67
65
99
67
56
50
46
52
50
62
51
74
53
66
69
67
30
47
28
27
29
41
43
43
51

Contra
Costa
El Dorado
104
NA
104
NA
77
NA
68
NA
74
NA
79
NA
81
NA
78
NA
78
NA
76
NA
82
NA
83
NA
101
66
98
76
87
78
81
78
83
67
84
70
77
56
79
49
76
56
76
53
74
63
81
81
83
67
75
66
79
54
71
57
65
51
72
56
81
51
80
58
84
71
86
58
88
69
98
78
104
82
107
88
87
74
77
57
78
73
77
56
76
51
82
55
83
55
88
75
86
66
88
88
97
82
88
65
76
74
70
59
64
46
62
49
68
53
62
49
64
48
58
42
63
51
67
43

Fresno
72
71
72
68
52
54
53
50
50
51
46
52
NA
53
55
53
46
47
31
29
28
29
29
29
28
31
35
32
30
32
32
42
48
48
52
49
50
47
49
43
40
32
38
35
38
32
36
35
40
44
36
28
38
27
26
27
27
26
26
26

Los Angeles
68
69
58
54
52
47
48
47
48
45
42
46
49
51
49
45
42
37
32
29
29
28
28
29
28
36
35
34
37
40
43
45
47
51
53
56
59
62
57
54
52
53
55
54
57
56
59
62
64
60
56
53
51
47
48
45
43
40
40
40

Marin
82
93
50
41
44
54
52
59
72
69
66
83
86
70
77
72
62
66
79
77
67
72
67
96
77
88
52
46
49
56
60
74
81
74
71
82
93
111
55
54
55
53
57
45
76
53
67
84
83
102
65
41
48
44
55
55
52
53
54
58

Mendocino
113
129
80
76
117
76
84
91
125
126
113
83
121
101
91
73
113
85
91
110
78
83
82
71
61
109
79
77
46
80
72
72
89
79
81
79
96
91
84
65
93
63
87
78
85
59
73
82
76
78
106
78
76
71
77
79
93
70
67
54

Merced
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
25
25
24
24
25
24
25
27
28
30
30
35
36
34
42
38
33
41
30
37
44
40
47
37
42
52
45
48
36
46
26
26
28
28
28
25

Monterey
85
83
62
48
40
52
40
37
36
44
37
37
44
46
50
48
47
47
44
29
28
26
26
26
23
29
25
26
27
26
26
28
33
39
44
46
45
50
44
44
40
32
36
32
30
48
40
48
47
44
51
44
38
25
27
25
28
28
27
26

Orange
92
97
82
78
73
77
71
68
64
65
57
61
64
62
56
61
64
61
57
54
57
57
55
55
62
60
56
58
59
64
67
67
72
77
80
82
83
86
79
69
70
75
78
81
94
79
81
82
78
82
70
62
65
56
55
57
56
58
53
58

Monthly Unsold Inventory Index for California regions and counties is reported in C.A.R.'s
County Economic Profiles. For information on subscribing, call the CEP Coordinator at
213-739-8278, or go to www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

82

May 2013

California Counties Existing Single-Family Home


Monthly Median Time on Market (In Days) 2008 - 2012

2008

2009

2010

2011

2012

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Placer
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
45
49
49
50
47
39
41
29
37
39
36
37
53
46
46
33
41
41
42
47
48
53
53
52
59
67
56
53
52
41
47
48
50
52
49
46
56
48
42
29
28
28
28
27
27
25
23
24

Riverside
74
73
64
56
53
50
37
43
39
40
39
43
44
52
51
46
44
40
36
28
27
28
29
29
33
37
35
36
41
45
42
43
49
49
49
53
57
64
52
56
58
53
53
54
52
56
56
57
59
58
59
56
56
52
50
46
46
44
45
44

Sacramento
52
46
39
32
28
27
26
26
25
25
25
27
30
29
30
29
27
26
25
24
24
24
24
25
26
27
28
28
28
29
31
38
42
41
46
48
49
53
48
42
41
36
41
39
39
42
42
43
41
45
34
30
29
28
27
25
24
23
22
22

San
San Benito Bernardino San Diego
38
79
68
40
79
71
35
68
61
68
58
49
37
56
52
43
52
52
38
49
50
56
47
50
52
45
46
26
47
45
28
50
43
31
48
47
33
51
50
39
56
51
43
55
46
27
56
43
28
50
42
43
43
38
25
33
32
25
30
30
24
28
29
26
28
29
22
27
29
20
29
34
23
28
34
25
29
41
23
30
32
27
28
34
25
32
36
30
31
41
33
29
42
33
39
46
27
42
52
36
48
51
28
47
56
46
48
60
44
51
60
48
53
63
43
51
55
41
53
53
29
50
50
44
47
51
26
42
50
29
43
53
31
45
55
48
45
59
51
50
59
51
50
62
53
52
63
49
55
59
37
45
52
43
45
47
28
41
43
25
41
43
26
40
42
25
40
40
24
44
40
21
44
40
29
38
36
29
42
43

San
Francisco San Joaquin
55
NA
35
NA
36
NA
29
NA
28
NA
38
NA
38
NA
45
NA
40
NA
37
NA
42
NA
46
NA
53
29
49
33
48
37
51
29
49
29
48
27
44
24
39
23
42
22
37
22
41
23
48
22
53
24
42
25
33
26
29
27
38
26
43
27
45
29
46
31
52
37
45
35
49
38
56
41
60
42
68
47
47
43
44
39
47
41
46
36
49
29
46
38
44
36
45
39
42
42
53
40
67
46
47
40
40
41
37
30
30
32
35
28
30
27
32
26
29
23
30
23
36
23
39
21

San Luis
Obispo
San Mateo
91
49
93
38
68
26
62
26
55
26
65
28
58
28
74
33
55
36
49
29
67
29
50
40
59
44
54
45
70
28
39
35
46
28
46
29
52
29
41
26
45
28
48
26
46
26
58
29
48
37
76
27
55
23
42
23
46
23
50
26
58
25
62
27
57
33
79
35
56
35
68
44
97
44
81
36
76
27
70
28
60
25
60
26
54
27
54
27
62
29
70
28
64
30
58
40
86
40
69
37
75
25
60
23
42
21
42
21
45
21
47
22
52
21
43
22
48
21
59
22

Santa
Barbara
82
93
70
76
57
64
49
53
62
70
54
64
49
69
46
32
53
53
54
56
59
55
42
52
81
54
49
55
46
63
50
58
66
63
62
74
71
96
72
70
91
70
68
83
62
55
63
78
74
72
79
66
63
65
67
48
55
48
50
43

Monthly Median Time on Market for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or go
to www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

83

May 2013

California Counties Existing Single-Family Home


Monthly Median Time on Market (In Days) 2008 - 2012

2008

2009

2010

2011

2012

Month
Jan 2008
Feb 2008
Mar 2008
Apr 2008
May 2008
Jun 2008
Jul 2008
Aug 2008
Sep 2008
Oct 2008
Nov 2008
Dec 2008
Jan 2009
Feb 2009
Mar 2009
Apr 2009
May 2009
Jun 2009
Jul 2009
Aug 2009
Sep 2009
Oct 2009
Nov 2009
Dec 2009
Jan 2010
Feb 2010
Mar 2010
Apr 2010
May 2010
Jun 2010
Jul 2010
Aug 2010
Sep 2010
Oct 2010
Nov 2010
Dec 2010
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
Jan 2012
Feb 2012
Mar 2012
Apr 2012
May 2012
Jun 2012
Jul 2012
Aug 2012
Sep 2012
Oct 2012
Nov 2012
Dec 2012

Santa
Clara
43
32
27
27
26
28
28
28
29
28
30
33
42
43
36
35
32
33
29
25
25
25
25
25
24
25
23
22
22
23
24
26
27
28
29
35
45
40
28
27
26
25
26
26
27
28
28
32
38
28
24
23
22
21
21
21
21
22
21
21

Santa Cruz
82
76
54
47
38
50
45
46
42
45
42
58
51
53
45
46
49
39
30
42
29
43
47
39
36
33
27
24
28
29
39
34
53
44
48
50
54
69
54
51
40
40
37
48
47
49
46
58
44
56
43
27
29
34
25
28
35
25
28
29

Shasta

Solano
81
98
64
49
63
52
53
49
54
52
51
51
56
73
44
46
44
54
42
49
40
62
43
49
50
52
51
59
41
46
37
52
56
50
62
65
75
77
82
49
44
41
43
43
42
49
52
47
48
50
37
26
29
26
26
28
38
32
37
27

89
96
82
74
56
58
50
58
53
48
51
50
53
57
56
64
56
50
38
30
31
28
30
28
28
33
34
37
40
47
43
49
44
49
58
52
59
63
57
55
54
48
46
49
51
50
51
48
62
53
53
54
50
52
48
53
56
45
45
46

Sonoma
Stanislaus
105
NA
105
NA
99
NA
74
NA
68
NA
61
NA
73
NA
67
NA
68
NA
70
NA
63
NA
75
NA
79
30
79
32
84
35
66
29
68
28
71
28
62
24
63
24
57
23
57
22
65
22
59
23
84
23
68
25
65
25
56
26
58
25
63
27
67
27
67
30
75
30
82
36
80
41
85
40
82
41
80
46
77
40
64
40
65
38
63
35
70
35
75
35
84
33
82
37
88
42
82
38
101
42
93
41
91
36
69
29
62
32
59
29
67
27
59
25
62
24
61
24
62
20
70
20

Tehama
121
96
121
36
93
54
51
56
68
80
80
61
76
46
54
31
78
59
76
61
68
46
42
68
43
33
46
46
49
44
48
96
68
43
61
48
69
49
49
54
53
51
44
77
47
50
66
71
78
57
56
61
46
50
24
43
53
59
76
61

Tulare
84
83
73
57
47
49
46
43
44
40
41
49
44
48
51
52
39
39
34
28
27
29
24
25
26
26
28
68
28
26
26
32
46
44
40
39
43
50
53
49
40
34
33
38
34
42
42
35
32
30
34
28
25
25
25
24
26
22
24
25

Tuolumne
95
124
82
71
44
58
67
56
109
106
125
79
61
46
76
76
67
48
50
73
55
53
63
52
121
86
66
67
61
74
61
57
102
98
72
65
84
103
99
72
79
47
64
40
77
86
78
91
79
52
65
88
44
45
43
44
59
68
50
83

Ventura
80
82
54
67
56
59
52
57
48
48
52
51
59
53
49
50
51
52
53
46
48
50
49
46
54
55
55
50
51
56
57
62
62
69
71
83
78
85
75
65
78
62
69
70
73
77
69
76
89
87
73
69
58
63
67
56
55
69
60
56

Yolo
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
39
36
39
46
28
28
26
26
27
25
26
27
27
26
29
24
29
29
29
31
45
46
48
54
49
51
70
50
29
30
50
30
35
40
54
45
57
53
40
37
26
30
40
26
32
27
25
26

Monthly Median Time on Market for California regions and counties is reported in C.A.R.'s County
Economic Profiles. For information on subscribing, call the CEP Coordinator at 213-739-8278, or go
to www.clarusresource.com/datamine.

CALIFORNIA ASSOCIATION OF REALTORS

84

May 2013

National Average Commitment Rates


On Conventional Home Mortgages
Year

FRMs

ARMs

Spread (Basis Points)

1973

8.04%

N/A

N/A

1974

9.19%

N/A

N/A

1975

9.05%

N/A

N/A

1976

8.87%

N/A

N/A

1977

8.85%

N/A

N/A

1978

9.64%

N/A

N/A

1979

11.20%

N/A

N/A

1980

13.74%

N/A

N/A

1981

16.63%

N/A

N/A

1982

16.04%

N/A

N/A

1983

13.24%

N/A

N/A

1984

13.88%

11.51%

237

1985

12.43%

10.05%

238

1986

10.19%

8.43%

176

1987

10.21%

7.83%

238

1988

10.34%

7.90%

244

1989

10.32%

8.80%

76

1990

10.13%

8.36%

177

1991

9.25%

7.09%

216

1992

8.39%

5.62%

277

1993

7.31%

4.58%

274

1994

8.38%

5.36%

303

1995

7.93%

6.06%

233

1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

7.81%
7.60%
6.94%
7.44%
8.05%
6.97%
6.54%
5.83%
5.84%
5.87%
6.41%
6.34%
6.03%
5.04%
4.69%
4.45%
3.66%

5.67%
5.61%
5.58%
5.99%
7.04%
5.82%
4.62%
3.76%
3.90%
4.49%
5.54%
5.56%
5.17%
4.70%
3.78%
3.03%
2.69%

214
199
136
145
102
115
192
207
194
138
88
78
86
34
91
142
97

Source: Federal Home Loan Mortgage Corp.

CALIFORNIA ASSOCIATION OF REALTORS

85

May 2013

Combined Conventional Single-Family Mortgages


Annual National Averages, Previously Occupied Homes 1970-2012

Year

Contract Interest
Rate (%)

Initial Fees and


Charges (%)

Effective Interest
Rate (%)

Percent Estimated
Number of Loans
w/Adjustable Rates

1970

8.20%

0.92%

8.36%

N/A

1971

7.54%

0.77%

7.67%

N/A

1972

7.38%

0.81%

7.51%

N/A

1973

7.82%

0.95%

7.98%

N/A

1974

8.78%

1.10%

8.97%

N/A

1975

8.97%

1.16%

9.17%

N/A

1976

8.90%

1.14%

9.10%

N/A

1977

8.83%

1.17%

9.02%

N/A

1978

9.40%

1.26%

9.61%

N/A

1979

10.63%

1.44%

10.89%

N/A

1980

12.53%

1.91%

12.90%

N/A

1981

14.51%

2.27%

15.00%

N/A

1982

14.78%

2.55%

15.33%

39%

1983

12.29%

2.40%

12.75%

41%

1984

12.00%

2.54%

12.49%

64%

1985

11.18%

2.50%

11.64%

50%

1986

9.80%

2.13%

10.18%

31%

1987

8.94%

2.02%

9.28%

44%

1988

9.01%

1.88%

9.32%

24%

1989

9.81%

1.79%

10.12%

37%

1990

9.75%

1.74%

10.05%

27%

1991

9.07%

1.54%

9.33%

22%

1992

7.81%

1.58%

8.08%

21%

1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

6.92%
7.31%
7.69%
7.57%
7.51%
6.97%
7.18%
7.94%
6.95%
6.46%
5.67%
5.68%
5.84%
6.54%
6.46%
6.09%
5.06%
4.83%
4.58%
3.70%

1.19%
1.07%
0.93%
0.93%
0.97%
0.84%
0.73%
0.66%
0.51%
0.44%
0.32%
0.37%
0.33%
0.33%
0.40%
0.46%
0.55%
0.71%
0.89%
0.98%

7.12%
7.49%
7.84%
7.73%
7.67%
7.10%
7.29%
8.05%
7.03%
6.52%
5.72%
5.73%
5.89%
6.59%
6.51%
6.16%
5.14%
4.94%
4.71%
3.83%

20%
39%
31%
27%
22%
12%
18%
21%
11%
16%
17%
33%
30%
22%
11%
8%
NA
5%
13%
NA

Source: Federal Housing Finance Board

CALIFORNIA ASSOCIATION OF REALTORS

86

May 2013

California Existing Home Market


Market Share of Sample Sales 1982-2012
Year

Detached Homes

Condominiums

1982

83.1%

16.9%

1983

84.5%

15.5%

1984

85.8%

14.2%

1985

84.9%

15.1%

1986

82.8%

17.2%

1987

79.5%

20.5%

1988

75.7%

24.3%

1989

73.6%

26.4%

1990

71.9%

28.1%

1991

74.6%

25.4%

1992

83.7%

16.3%

1993

84.1%

15.9%

1994

84.3%

15.7%

1995

85.1%

14.9%

1996

87.6%

12.4%

1997

85.1%

14.9%

1998

84.6%

15.4%

1999

84.1%

15.9%

2000

83.1%

16.9%

2001

83.0%

17.0%

2002

81.8%

18.2%

2003

80.1%

19.9%

2004

75.9%

24.1%

2005
2006
2007
2008
2009
2010
2011
2012

79.3%
81.4%
79.6%
83.7%
84.1%
81.1%
82.0%
82.8%

20.7%
18.6%
20.4%
16.3%
15.9%
18.9%
18.0%
17.2%

CALIFORNIA ASSOCIATION OF REALTORS

87

May 2013

THE ASSUMPTIONS AND METHODOLOGY USED TO CALCULATE


C.A.R.'S TRADITIONAL HOUSING AFFORDABILITY INDEX (HAI)* & FIRST-TIME BUYER HOUSING
AFFORDABILITY INDEX (FTB-HAI)

Step 1. MEDIAN PRICE: C.A.R.'s traditional housing affordability index is based on the median price of existing
single-family homes sold from C.A.R.'s monthly existing home sales survey. Starting in 1987, this survey is
based on reports of closed escrow sales from 80 Boards or more of REALTORS and multiple listing services
around the state. Prior to 1987, the survey was based on reports from 45 Boards. The FIRST-TIME BUYER
housing affordability index is based on an entry-level home at a price equal to 85 percent of the prevailing
median price for existing homes.
Step 2. DOWNPAYMENT: For the traditional HAI, it is assumed that a household can make a 20 percent
downpayment on the median-priced home. Therefore, the loan amount needed to purchase a home would be
80 percent of the median home sales price. The FIRST-TIME BUYER is assumed to make a 10 percent
downpayment. Therefore, the loan amount needed to purchase a home would be 90 percent of the median
home sales price for the FTB-HAI.
Step 3. INTEREST RATE: Using the national average effective mortgage interest rate on all fixed and
adjustable rate mortgages closed for the purchase of previously occupied homes as reported monthly by the
Federal Housing Finance Board, the monthly payment on a 30-year loan is calculated for the traditional HAI. A
FIRST-TIME BUYER is assumed to finance the home purchase with an adjustable rate mortgage (ARM),
therefore this rate is used to calculate the FTB-HAI. This is represented by the effective composite ARM for
Monthly
previously occupied
homes, which is reported monthly by the Federal Housing Finance Board.

Housing
Step 4.TheAffordability
monthly payment for PRINCIPAL, INTEREST, TAXES AND INSURANCE (PITI) is computed as the
Index
sum of three
parts:
California
Monthly
mortgage payment, based on the terms of the mortgage in Steps 2 & 3.
Monthly
PROPERTY
TAXES are assumed to be 1 percent of the median home sales price divided by 12.
and
U.S.
Monthly
INSURANCE
PAYMENTS on the house are assumed to be 0.38 percent of the median home
1988
sales price2005
divided by 12.

The results of these three calculations are added together to find the PITI or total monthly payment for a
household that buys the median priced home for both indices based on their respective assumptions in the first
three steps.

Step 5. It is then assumed that the monthly PITI can be no more than 30 percent of a households income for
the traditional HAI and 40 percent of a household's income for the FTB-HAI. Thus, the monthly housing payment
is divided by .4 to come up with the MINIMUM INCOME NEEDED TO QUALIFY FOR A LOAN on the medianpriced home.
Step 6. Starting in 1988, data for the distribution of households by various income ranges was obtained from
Claritas. INCOME DISTRIBUTION figures were developed based on the projected percent change in the annual
median household income and were the same for both the traditional HAI and the FTB-HAI. Prior to 1988,
household income utilized in the housing affordability index was based on projections by C.A.R. using the 1980
census data as a base.
Step 7. The minimum income amount calculated in Step 5 is multiplied by 12 to determine the minimum annual
income needed to qualify. This amount is compared to the income distribution of households. The percent of the
households with incomes greater than or equal to the minimum income becomes the TRADITIONAL HOUSING
AFFORDABILITY INDEX and/or the HOUSING AFFORDABILITY INDEX FOR FIRST-TIME BUYERS (HAIFTB).
NOTE: The quarterly HAI and HAI-FTB for a given geographic area in a particular quarter is based upon the
quarterly median price for that area as well as the quarterly income distribution for that area.

CALIFORNIA ASSOCIATION OF REALTORS

88

May 2013

SOURCE OF C.A.R. DATA


Associations of REALTORS Reporting Sales and Home Price Information
The existing home sales and median price data is compiled on the basis of monthly
reports from 90 reporting entities comprising both individual and regionalized multiple
listing Associations of REALTORS. Regional data is not seasonally adjusted.
Movement in regional sales prices should not be interpreted as measuring changes in
the cost of a standard home. Prices are influenced by changes in costs and variations
in the characteristics and size of homes actually sold.

Central Valley

Bakersfield, Fresno, Hetch Hetchy, Lodi, Manteca, Mariposa,


Merced, Modesto, Oakdale, Sacramento, Stockton, Tracy,
Tulare, Tuolumne, and Turlock

High Desert Area

Antelope Valley, Barstow, and Victor Valley

Los Angeles

Arcadia, Citrus Valley, Downey, Glendale, Hacienda-RowDiamond Bar, LA Pacific West, Montebello, Rancho
Southeast, San Fernando Valley, South Bay, South
Pasadena, and West San Gabriel Valley

Monterey

Monterey and Santa Cruz

Northern California

Chico, Lake County, Humboldt, Paradise, Placer, Shasta,


Siskiyou, Tahoe Sierra, and Tehama

Northern Wine Country

Mendocino, Napa, and Sonoma

Orange County

Huntington Beach-Fountain Valley, Orange Coast, Pacific


West, and South Orange

Palm Springs/Lower Desert

California Desert and Desert Communities

Riverside/San Bernardino

Corona-Norco, East Valley, Rim of the World, Riverside,


and San Bernardino Valley

San Diego

Coronado, East San Diego, North San Diego, Pacific Bay


Cities, and San Diego

San Francisco Bay Area

Bay East, Berkeley, Contra-Costa, Marin, Oakland, San


Francisco, San Mateo, Santa Clara, and North and South
Solano

San Luis Obispo

Atascadero, Paso Robles, Pismo Coast, and San Luis


Obispo

Santa Barbara

Lompoc Valley, Santa Barbara and Santa Maria

Ventura

Conejo Valley, Simi Valley, and Ventura

CALIFORNIA ASSOCIATION OF REALTORS

89

May 2013

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