San Francisco Real Estate - Residential

Fast Facts from CAR and Freddie Mac - August 2006

Compared to last month's figures, this report show sales doing a little better and mortgage rates are down again. Here are the numbers.

- Mick Orton

Calif. median home price - August 06: $576,360 (Source: C.A.R.)
(note: compared to $567,360 last month)

Calif. highest median home price by C.A.R. region August 06:Santa Barbara So. Coast $1,190,000 (Source: C.A.R.)
(note: compared to $1,075,000 last month)

Calif. lowest median home price by C.A.R. region August 06:High Desert $332,900 (Source: C.A.R.)
(note: compared to $333,330 last month)

Calif. First-time Buyer Affordability Index - Second Quarter 06:23 percent (Source: C.A.R.)

Mortgage rates - week ending 9/21:

• 30-yr. fixed: 6.4%; Fees/points: 0.5%
  (note: compared to 6.48% last report and points are 0.1% higher)
• 15-yr. fixed: 6.06%; Fees/points: 0.5%
  (note: compared to 6.18% last report and points are 0.1% higher)
• 1-yr. adjustable: 5.54%; Fees/points: 0.8%
  (note: compared to 5.60% last report and points are 0.1% higher)

- California Association of Realtors & Freddie Mac

posted by SFResidence.com @ 8:44 AM