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Real Property Report – California, April 2015

Real Property Report – California, April 2015 California Median Home Price Soars Past $400,000 Mark Highest Since December 2007 Home Sales Up 9.0 Percent from March CALIFORNIA, MAY 19, 2015 — California single-family home and condominium sales were up 9.0 percent in April 2015. April sales were 37,009 up from 33,946 in March. The increase in sales volume was predominantly due to the 9.2 percent gain in non-distressed property sales that accounted for 83.0 percent of total sales. On a year-over-year basis, sales volumes were up 5.8 percent from 34,995 in April 2014 to 37,009 in April 2015. Regionally, year-over-year sales…

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