Real Estate Fast Stats for the week of 10/6/2014

Fast Facts

California Median Home Price for August 2014:

• California: $480,280
• California highest median home price by region/county August 2014: San Mateo, $1 million
• California lowest median home price by region/county August 2014:
  Siskiyou County, $127,500

California Pending Home Sales Index:
August 2014: Decreased 4.5 percent from 104.5 in July to 99.78 in August.California Traditional Housing Affordability Index: Second Quarter 2014: 30 percent (Source: C.A.R.)

Mortgage rates: Week ending 9/18/2014 (Source: Freddie Mac)

• 30-yr. fixed: 4.20% fees/points: 0.5%
• 15-yr. fixed: 3.36% fees/points: 0.5%
• 1-yr. adjustable: 2.43% Fees/points: 0.4%