What is happening in the California Housing Market? Will more supply come to the market and help ease buyer demand? Will we continue to see record appreciation driving up the median home price? In this video, I discuss the latest December Home Sales and Price Report from the California Association of Realtors and what is means for the 2021 housing market. We also discuss what I’m seeing right now as a Real Estate Agent helping buyers and sellers in this crazy real estate housing market.
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Articles referenced in this video:
➜California Association of Realtors December Home Sales and Price Report – https://www.car.org/aboutus/mediacenter/newsreleases/2021releases/dec2020sales
California housing market ends year on high note as sales continue strong in December and median price reaches another record high, C.A.R. reports
– Existing, single-family home sales totaled 509,750 in December on a seasonally adjusted annualized rate, up 0.2 percent from November and up 28 percent from December 2019.
– December’s statewide median home price was $717,930, up 2.7 percent from November and up 16.8 percent from December 2019.
– For 2020 as a whole, sales of existing statewide homes were up 3.5 percent from last year.
Are you considering buying a house in 2021 and want to be referred to a professional Real Estate Agent or Mortgage Broker in your market? If so, let’s chat 👇
Jeb Smith (Huntington Beach Realtor/orange county real estate)
Coldwell Banker Realty
I N S T A G R A M ➳ https://www.instagram.com/jebsmith
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