California Home Listings Improved for the Fifth Straight Month in August

• There were 17.2 percent more active home listings in California in August than there were at the same time last year.
• The median sales price for a single-family home in the state ended the month at $596,410, up by 5.5 percent year over year.
• The nine-county Bay Area’s median sales price was $935,000, up by 10.0 percent from August 2017 for the 14th consecutive month of annual gains.

The number of active listings in the Golden State rose by more than 15 percent year over year in August, though prices continued to increase in every major region of the state, with the nine-county Bay Area posting the largest gain.


The latest existing home sales and price report from the California Association of Realtors says that active listings increased by 17.2 percent from August 2017, the fifth consecutive month of supply improvement. The median sales price for a single-family home was $596,410, a gain of 0.8 percent from July and an increase of 5.5 percent from one year earlier. Read full article @elizabethGkilgore

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