California April 2020 Sales & Price Report

April IG 002

For release: May 18, 2020   
California housing market feels full brunt of coronavirus outbreak in April, C.A.R. reports

- Existing, single-family home sales totaled 277,440 in April on a seasonally adjusted annualized rate, down 25.6 percent from March and down 30.1 percent from April 2019.

- April’s statewide median home price was $606,410, down 1.0 percent from March and up 0.6 percent from April 2019.

- Year-to-date statewide home sales were down 5.4 percent in April.

LOS ANGELES (May 18) – California home sales dropped sharply in April from both the previous month and year as the housing market began to feel the full impact of the coronavirus outbreak and the state’s stay-at-home order, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Click HERE to read more..