News

The median existing-home sales price rose 7.7 percent from one year ago to $389,500

The move marks a third straight rate increase in the battle against the fastest inflation in decades

Home values in August were still 14 percent higher than they were at the same time last year

The Central Coast posted some of the largest month-over-month gains including a 21.4 percent gain in Santa Cruz

The cancellation rate is up slightly from the top of the year

The neighboring Central Valley counties also saw sales increase as the Far Northern California region slipped

Home sales totaled 313,540 last month, up 6.1 percent from July 2022

Stewart Butterfield and his wife, Away co-founder Jen Rubio, purchased the home in 2019 for $19 million

The market outlook is good for drivers, but tough on homebuyers…