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California house value closes year on high note as discounts moderate in December; housing market posts solid performance in 2017, C.A.R. reports

according to The statewide median value continued to grow at a powerful pace over final year & remembered above the $500,000 mark for the 10th straight 30 days.
The $549,560 December median value was 0.five percent higher than November’s $546,820 & seven.six percent higher than the revised $510,560 recorded in December 2016.
Seven of the 9 Bay ambit provinces recorded a year-over-year promote in median value of at least ten percent.
The ratio is calculated with dividing the final discounts value of a property with its final list value & is expressed as a percentage.
December 2017 province discounts & value Activity (Regional & condo discounts information not seasonally adjusted)December 2017 Median purveyed value of Existing Single-Family Homes discounts State/zone/province Dec. 2017 Nov. 2017Dec. 2016PriceMTMpercentChg PriceYTYpercentChg SalesMTMpercentChg SalesYTYpercentChg Calif.

Southern California ends 2017 by home value gains, discounts declines

Southern California home discounts fell in 5 through six Southern California provinces, dropping seven.one % in the L.A./O.C.
Los Angeles province’s median home value was $577,690, up ten.six % year over year.
riverbank province’s median home value was $385,000, up six.nine %.
San Bernardino province’s median home value was $278,000, up nine %.
California’s median home value for all 2017 was $537,869, up six.nine % from 2016.
Southern California ends 2017 with house price gains, sales declinesCalifornia house

Southern California ends 2017 by home value gains, discounts declines

As it stated in Southern California home discounts fell in 5 through six Southern California provinces, dropping seven.one % in the L.A./O.C.
Los Angeles province’s median home value was $577,690, up ten.six % year over year.
riverbank province’s median home value was $385,000, up six.nine %.
San Bernardino province’s median home value was $278,000, up nine %.
California’s median home value for all 2017 was $537,869, up six.nine % from 2016.


collected by Emily Jack

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