California Home Sales Show Promising Results

There are a number of economic factors that keep Bay Area prices higher than elsewhere in the nation, and that many believe will continue to do so for many years to come. A look at historical data provides an interesting glimpse at the stability of California real estate. According to the California Association of Realtors®, over the last 37 years the median sales price of homes in California has only decreased seven times – six times under 3.7% and only once at 4.5%. This chart shows how real estate performed over the last 37 years. Now, more than ever, investing in real estate is one of the smartest, most secure choices you can make for your future.

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