San Francisco Real Estate - Residential

Fast Facts from CAR and Freddie Mac - September 2007

Volume is down because there is nothing to sell. Inventories are low for residential housing. But the prices are holding firm. San Francisco real estate numbers may be seen for September on our website as well as a historical perspective.

- Janis Stone

Calif. median home price - September 07: $530,830 (Source: C.A.R.) (note: compared to $588,970 last month)

Calif. highest median home price by C.A.R. region September 07: Santa Barbara So. Coast $1,667,500 (Source: C.A.R.) (note: compared to $1,262,500 last month)

Calif. lowest median home price by C.A.R. region September 07: High Desert $271,940 (Source: C.A.R.) (note: compared to $287,390 last month)

Calif. First-time Buyer Affordability Index - Second Quarter 07: 24 percent (Source: C.A.R.) (note: compared to 07:25 first quarter)

Mortgage rates - week ending 10/18:

• 30-yr. fixed: 6.4%; Fees/points: 0.5% (note: compared to 6.34% and 0.5% points last report)
• 15-yr. fixed: 6.08%; Fees/points: 0.6% (note: compared to 5.98% and 0.5% points last report)
• 1-yr. adjustable: 5.76%; Fees/points: 0.6% (note: compared to 5.65% and 0.6% points last report)

- California Association of Realtors & Freddie Mac

posted by SFResidence.com @ 9:25 AM