In the past year and a half, the housing market in California has been booming. In March 2022, the median sales price of a single family home in the San Francisco Bay Area was 12.2 percent higher than the initial price of the listing. Condo buyers paid on average seven percent above the list price. As a result of the robust demand for California properties, single family homes prices saw substantial increase across the whole state.
Sales price to list price ratio of single family homes and condos in California as of March 2022, by region
(in U.S. dollars)
Characteristic
Single family home
Condo
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California Association of Realtors. (April 19, 2022). Sales price to list price ratio of single family homes and condos in California as of March 2022, by region (in U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1268599/sales-to-list-price-of-single-family-homes-and-condos-in-california-regions/
California Association of Realtors. "Sales price to list price ratio of single family homes and condos in California as of March 2022, by region (in U.S. dollars)." Chart. April 19, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1268599/sales-to-list-price-of-single-family-homes-and-condos-in-california-regions/
California Association of Realtors. (2022). Sales price to list price ratio of single family homes and condos in California as of March 2022, by region (in U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1268599/sales-to-list-price-of-single-family-homes-and-condos-in-california-regions/
California Association of Realtors. "Sales Price to List Price Ratio of Single Family Homes and Condos in California as of March 2022, by Region (in U.S. Dollars)." Statista, Statista Inc., 19 Apr 2022, https://www.statista.com/statistics/1268599/sales-to-list-price-of-single-family-homes-and-condos-in-california-regions/
California Association of Realtors, Sales price to list price ratio of single family homes and condos in California as of March 2022, by region (in U.S. dollars) Statista, https://www.statista.com/statistics/1268599/sales-to-list-price-of-single-family-homes-and-condos-in-california-regions/ (last visited August 25, 2024)
Sales price to list price ratio of single family homes and condos in California as of March 2022, by region (in U.S. dollars) [Graph], California Association of Realtors, April 19, 2022. [Online]. Available: https://www.statista.com/statistics/1268599/sales-to-list-price-of-single-family-homes-and-condos-in-california-regions/