California

Reporting Period

Current 
Period

Last 
Period

Year 
Ago

Change from Last Period

Change from Year Ago

Existing Home Sales (SAAR)  *

June-11

  477,710

  471,840

 495,780

1.2%

-3.6%

Median Home Price  *

June-11

$295,300

$292,420

$313,890

1.0%

-5.9%

Unsold Inventory Index (months)  *

June-11

5.0

5.5

4.6

-9.1%

8.7%

Median Time on Market (days)  *

June-11

50.3

51.9

41.5

-3.1%

21.2%

Traditional Housing Affordability Index (HAI)  *

2011 Q1

53%

50%

50%

3.0%

3.0%

30-year fixed-rate mortgage (FRM)  **

June-11

4.51%

4.64%

4.74%

-0.13%

-0.23%

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