Slowing home price appreciation and improving inventory combined to boost California’s housing market in February – as existing home sales and median home prices increased from both the previous month and year.
Here’s a snapshot of Humboldt RE Values for February
Year to Date Percent Change Sales 19.4%
Year-Year Percent Change Sales 55.6%
Median Price $250,000
Unsold Inventory Index 5.9
Median Time on the Market 77.1
Percent Equity Sales 85.7%
Percent Short Sales 6.0%
Percent REO Sales 8.3%
These facts came from car.org
