Walnut Creek Real Estate Market Statistics - California Market at a Glance

Latest Market @ A Glance
C.A.R. closely monitors and analyzes trends in the residential real estate industry. The table below contains the latest reported existing home sales series, median home prices, unsold inventory index, median time on market, first-time buyer housing affordability index, and the latest mortgage rates

Market @ A Glance
California	Reporting Period	Current Period	Last Period	Year Ago	Change from Last Period	Change from Year Ago
Existing Home Sales (SAAR)  *	March-11	514,090	498,450	506,680	3.1%	1.5%
Median Home Price  *	March-11	$286,010	$271,320	$300,900	5.4%	-4.9%
Unsold Inventory Index (months)  *	March-11	5.3	7.3	4.8	-27.4%	10.4%
Median Time on Market (days)  *	March-11	56.7	64.4	37.0	-12.0%	53.2%
First-Time Buyer Housing Affordability Index (HAI)  *	2010 Q4	69%	66%	64%	3.0%	5.0%
30-year fixed-rate mortgage (FRM)  **	March-11	4.84%	4.95%	4.97%	-0.11%	-0.13%

SOURCES * CALIFORNIA ASSOCIATION OF REALTORS®, ** Federal Home Loan Mortgage Corp

via car.org

Prices have dropped a bit overall since last year but the market is gaining steam. Every other indicator says this is the year for a rebound. Walnut Creek homes for sale are receiving much more attention these days.

Posted on Walnut Creek Real Estate-Walnut Creek Homes For Sale