California Central Valley/Central Coast markets

Home sales and median sale prices for November 2008

Data for "all homes combined" category includes all new and resale
single-family detached houses and condos.
Newly built homes category reflects detached single-family houses and condos combined.
% Change is from the same period last year
New homes Sales Volume Median Sales Price
County Nov-07 Oct-08 Nov-08 YOY % change Nov-07 Oct-08 Nov-08 YOY % change
Fresno 249 219 176 -29.3% $272,000 $248,000 $250,000 -8.1%
Kern 350 120 130 -62.9% $263,750 $236,000 $210,500 -20.2%
Kings 38 23 24 -36.8% $265,000 $238,000 $246,000 -7.2%
Madera 34 17 11 -67.6% $240,000 $210,000 $207,000 -13.8%
Merced 116 44 12 -89.7% $281,000 $198,000 $189,500 -32.6%
Monterey 21 14 11 -47.6% $366,750 $435,000 $537,000 46.4%
Shasta 12 21 12 0.0% $337,000 $285,000 $359,100 6.6%
San Joaquin 294 103 57 -80.6% $360,000 $324,750 $318,250 -11.6%
San Luis Obispo 35 41 31 -11.4% $586,750 $525,000 $560,000 -4.6%
Stanislaus 129 51 48 -62.8% $340,000 $285,000 $254,750 -25.1%
Santa Cruz 10 0 1 -90.0% $279,000 n/a $384,000 37.6%
Tuolumne 1 0 1 0.0% $750,000 n/a $340,000 -54.7%
Tulare 183 104 67 -63.4% $249,750 $215,000 $214,250 -14.2%
                 
Resale condos Sales Volume Median Sales Price
County Nov-07 Oct-08 Nov-08 YOY % change Nov-07 Oct-08 Nov-08 YOY % change
Fresno 13 28 9 -30.8% $165,000 $150,000 $80,000 -51.5%
Kern 15 19 12 -20.0% $156,000 $95,000 $84,500 -45.8%
Kings 1 0   n/a $178,000 n/a n/a n/a
Madera 2   1 -50.0% $142,500 n/a $136,000 -4.6%
Merced   1   n/a n/a $124,000 n/a n/a
Monterey 9 44 35 288.9% $375,250 $140,000 $89,750 -76.1%
Shasta   2 2 n/a   $217,000 $178,500 n/a
San Joaquin 9 34 35 288.9% $152,000 $73,500 $71,000 -53.3%
San Luis Obispo 29 26 17 -41.4% $366,500 $308,000 $290,000 -20.9%
Stanislaus 9 15 15 66.7% $175,000 $125,000 $78,127 -55.4%
Santa Cruz 23 29 25 8.7% $500,000 $350,000 $299,000 -40.2%
Tuolumne   1 1 n/a n/a $250,000 $150,000 n/a
Tulare 5 8 7 40.0% $160,500 $154,000 $95,000 -40.8%
                 
Resale detached  Sales Volume Median Sales Price
County Nov-07 Oct-08 Nov-08 YOY % change Nov-07 Oct-08 Nov-08 YOY % change
Fresno 389 799 584 50.1% $237,500 $168,000 $160,000 -32.6%
Kern 393 921 703 78.9% $226,000 $155,000 $142,000 -37.2%
Kings 20 43 25 25.0% $168,100 $150,000 $150,000 -10.8%
Madera 61 151 100 63.9% $254,500 $162,000 $155,000 -39.1%
Merced 97 485 428 341.2% $235,000 $130,300 $121,750 -48.2%
Monterey 124 380 304 145.2% $570,000 $272,550 $266,000 -53.3%
Shasta 111 145 97 -12.6% $232,500 $195,000 $199,500 -14.2%
San Joaquin 329 1,324 987 200.0% $295,000 $192,000 $166,000 -43.7%
San Luis Obispo 145 190 133 -8.3% $479,000 $430,000 $395,000 -17.5%
Stanislaus 254 981 761 199.6% $260,000 $160,000 $158,500 -39.0%
Santa Cruz 108 145 91 -15.7% $707,500 $474,500 $401,000 -43.3%
Tuolumne 51 53 45 -11.8% $296,500 $250,000 $217,500 -26.6%
Tulare 165 309 204 23.6% $195,000 $165,000 $159,000 -18.5%
                 
All homes   Sales Volume Median Sales Price
County Nov-07 Oct-08 Nov-08 YOY % change Nov-07 Oct-08 Nov-08 YOY % change
Fresno 651 1,046 769 18.1% $251,250 $195,000 $182,000 -27.6%
Kern 758 1,060 845 11.5% $250,000 $160,500 $154,500 -38.2%
Kings 59 66 49 -16.9% $237,500 $187,000 $224,250 -5.6%
Madera 97 168 112 15.5% $249,000 $168,750 $161,000 -35.3%
Merced 213 530 440 106.6% $274,000 $136,750 $124,500 -54.6%
Monterey 154 438 350 127.3% $510,000 $270,100 $260,000 -49.0%
Shasta 123 168 111 -9.8% $245,000 $212,000 $210,000 -14.3%
San Joaquin 632 1,461 1,079 70.7% $329,500 $200,000 $172,000 -47.8%
San Luis Obispo 209 257 181 -13.4% $465,000 $420,000 $425,000 -8.6%
Stanislaus 392 1,047 824 110.2% $285,000 $161,500 $160,000 -43.9%
Santa Cruz 141 174 117 -17.0% $674,500 $459,250 $386,500 -42.7%
Tuolumne 52 54 47 -9.6% $298,000 $250,000 $217,500 -27.0%
Tulare 353 421 278 -21.2% $231,250 $184,500 $175,000 -24.3%

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