Median price
According to the California Association of Realtors:
$568,890 - California median home price in August, 2005
14 percent - Percentage of people who can afford a median price home in California in August, 2005
Santa Barbara South Coast - Region in California with the highest median home price in August, 2005: $1,301,000
High Desert - Region in California with the lowest median home price in August, 2005: $305,700
Statistics don’t tell you everything. We just sold a townhouse for $295,000. So do not be discouraged by the numbers! Get into the market and be a player.