California Housing Affordability Rose To Highest Level In A Year During Q1
A minimum income of $458,400 was needed to buy a median-priced home in San Mateo County—the highest in the state
A minimum income of $458,400 was needed to buy a median-priced home in San Mateo County—the highest in the state
The Central Coast as a whole saw both existing-home sales and prices fall last month
One of the state’s consistent luxury markets lost some footing in November, per the California Association of Realtors.
Generally home to some of the priciest real estate in CA, the Central Coast is looking more affordable these days…
The Central Coast posted some of the largest month-over-month gains including a 21.4 percent gain in Santa Cruz
Santa Barbara experienced the biggest decline with existing-home sales down by more than half from 2021
The central coast remained a bright spot last month while most of the state suffered median sale price drops
Regionally, the Central Coast saw the median sale price hit $1,050,000 last month
Neighboring San Luis Obispo saw monthly declines but major annual gains
While sales remained strong throughout much of the state, some regions slowed heading into the final quarter of the year
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