U.S. home sales rose a record-breaking 24.7% in July, extending June’s rebound after the coronavirus pandemic all but froze the housing market this spring.
National Association of Realtors said Friday that sales of existing homes jumped last month to a seasonally adjusted annual rate of 5.86 million. With two straight months of record-breaking gains, purchases are now up 8.7% from a year ago. Home sales rose 20.7% in June, a record that lasted one month.
Home buyers who didn’t enterprise out a lot in March and April when the coronavirus exploded are returning to the market. With lockdowns easing, summer season has changed spring this 12 months because the strongest shopping for season. The pandemic additionally spurred some households to maneuver nearer to household or into larger houses farther from cities now that many staff aren’t commuting daily.
The following is the CA home sales.
| July-20 | Median Sold Price of Existing Single-Family Homes | Sales | |||||||
| State/Region/County | Jul-20 | Jun-20 | Jul-19 | Price MTM% Chg | Price YTY% Chg | Sales MTM% Chg | Sales YTY% Chg | ||
| CA SFH (SAAR) | $666,320 | $626,170 | $607,990 | 6.4% | 9.6% | 28.8% | 6.4% | ||
| CA Condo/Townhomes | $500,000 | $486,250 | $470,000 | 2.8% | 6.4% | 33.4% | 6.2% | ||
| Los Angeles Metropolitan Area | $590,000 | $553,000 | $550,000 | 6.7% | 7.3% | 23.8% | 4.2% | ||
| Central Coast | $785,000 | $736,500 | $685,000 | 6.6% | 14.6% | 33.1% | 21.9% | ||
| Central Valley | $377,720 | $365,000 | $345,250 | 3.5% | 9.4% | 15.2% | 6.6% | ||
| Inland Empire | $420,000 | $410,000 | $380,000 | 2.4% | 10.5% | 24.0% | 11.8% | ||
| S.F. Bay Area | $1,050,000 | $1,000,000 | $950,000 | 5.0% | 10.5% | 26.1% | 14.8% | ||
| S.F. Bay Area | Jul-20 | Jun-20 | Jul-19 | Price MTM% Chg | Price YTY% Chg | Sales MTM% Chg | Sales YTY% Chg | ||
| Alameda | $1,027,500 | $976,000 | $950,000 | 5.3% | 8.2% | 28.4% | 6.5% | ||
| Contra Costa | $785,000 | $750,500 | $660,000 | 4.6% | 18.9% | 27.5% | 15.3% | ||
| Marin | $1,545,500 | $1,490,000 | $1,257,000 | 3.7% | 23.0% | 27.0% | 35.8% | ||
| Napa | $782,500 | $725,000 | $685,000 | 7.9% | 14.2% | 79.8% | 28.0% | ||
| San Francisco | $1,665,000 | $1,805,000 | $1,600,000 | -7.8% | 4.1% | 28.8% | 1.4% | ||
| San Mateo | $1,719,440 | $1,735,000 | $1,562,500 | -0.9% | 10.0% | 25.5% | 13.5% | ||
| Santa Clara | $1,380,000 | $1,382,000 | $1,298,000 | -0.1% | 6.3% | 18.5% | 12.5% | ||
| Solano | $499,750 | $496,750 | $465,000 | 0.6% | 7.5% | 12.7% | 8.7% | ||
| Sonoma | $714,950 | $708,800 | $655,000 | 0.9% | 9.2% | 34.9% | 36.5% | ||
| Southern California | Jul-20 | Jun-20 | Jul-19 | Price MTM% Chg | Price YTY% Chg | Sales MTM% Chg | Sales YTY% Chg | ||
| Los Angeles | $653,570 | $610,270 | $611,230 | 7.1% | 6.9% | 15.5% | -2.1% | ||
| Orange | $880,000 | $870,000 | $839,450 | 1.1% | 4.8% | 39.6% | 2.2% | ||
| Riverside | $462,000 | $450,000 | $420,000 | 2.7% | 10.0% | 21.2% | 11.1% | ||
| San Bernardino | $350,000 | $325,000 | $312,000 | 7.7% | 12.2% | 28.7% | 13.0% | ||
| San Diego | $719,000 | $678,000 | $650,000 | 6.0% | 10.6% | 18.1% | 10.2% | ||
| Ventura | $720,000 | $700,000 | $685,000 | 2.9% | 5.1% | 32.0% | 1.3% | ||
| Central Coast | Jul-20 | Jun-20 | Jul-19 | Price MTM% Chg | Price YTY% Chg | Sales MTM% Chg | Sales YTY% Chg | ||
| Monterey | $749,500 | $740,000 | $651,780 | 1.3% | 15.0% | 80.8% | 41.6% | ||
| San Luis Obispo | $659,000 | $645,500 | $625,000 | 2.1% | 5.4% | 30.3% | 2.5% | ||
| Santa Barbara | $900,000 | $671,750 | $695,000 | 34.0% | 29.5% | 14.1% | 15.5% | ||
| Santa Cruz | $985,000 | $905,000 | $899,500 | 8.8% | 9.5% | 17.3% | 43.6% | ||
| Central Valley | Jul-20 | Jun-20 | Jul-19 | Price MTM% Chg | Price YTY% Chg | Sales MTM% Chg | Sales YTY% Chg | ||
| Fresno | $320,000 | $313,950 | $284,400 | 1.9% | 12.5% | 7.4% | 1.8% | ||
| Glenn | $257,500 | $295,000 | $268,750 | -12.7% | -4.2% | -33.3% | 0.0% | ||
| Kern | $282,980 | $275,000 | $263,000 | 2.9% | 7.6% | 20.5% | 5.7% | ||
| Kings | $275,000 | $265,000 | $254,750 | 3.8% | 7.9% | 0.0% | -1.0% | ||
| Madera | $313,850 | $300,000 | $297,500 | 4.6% | 5.5% | 14.3% | 26.3% | ||
| Merced | $319,900 | $300,000 | $283,000 | 6.6% | 13.0% | 46.1% | 13.3% | ||
| Placer | $550,000 | $515,000 | $496,250 | 6.8% | 10.8% | 20.8% | 20.2% | ||
| Sacramento | $422,740 | $417,000 | $390,000 | 1.4% | 8.4% | 17.8% | 3.7% | ||
| San Benito | $675,000 | $586,400 | $570,000 | 15.1% | 18.4% | 43.1% | 37.7% | ||
| San Joaquin | $410,000 | $415,000 | $380,000 | -1.2% | 7.9% | 27.6% | 6.9% | ||
| Stanislaus | $360,000 | $355,000 | $335,000 | 1.4% | 7.5% | -0.8% | -4.0% | ||
| Tulare | $268,000 | $270,000 | $245,000 | -0.7% | 9.4% | -1.1% | 8.5% | ||
| Other Counties in California | Jul-20 | Jun-20 | Jul-19 | Price MTM% Chg | Price YTY% Chg | Sales MTM% Chg | Sales YTY% Chg | ||
| Amador | $355,000 | $337,500 | $312,500 | 5.2% | 13.6% | 18.3% | 82.6% | ||
| Butte | $395,000 | $390,000 | $374,280 | 1.3% | 5.5% | 8.0% | -0.5% | ||
| Calaveras | $349,900 | $363,000 | $325,500 | -3.6% | 7.5% | 82.3% | 48.3% | ||
| Del Norte | $332,000 | $242,000 | $275,000 | 37.2% | 20.7% | 46.7% | 29.4% | ||
| El Dorado | $550,000 | $510,000 | $510,500 | 7.8% | 7.7% | 42.2% | 57.9% | ||
| Humboldt | $349,000 | $317,000 | $334,370 | 10.1% | 4.4% | 43.9% | 25.2% | ||
| Lake | $307,000 | $322,500 | $249,000 | -4.8% | 23.3% | 23.0% | 9.2% | ||
| Lassen | $205,000 | $225,000 | $225,000 | -8.9% | -8.9% | 24.0% | 34.8% | ||
| Mariposa | $425,000 | $370,400 | $281,400 | 14.7% | 51.0% | 43.8% | 76.9% | ||
| Mendocino | $485,000 | $425,000 | $395,000 | 14.1% | 22.8% | 43.1% | 37.7% | ||
| Mono | $669,500 | $720,000 | $692,500 | -7.0% | -3.3% | 122.2% | 66.7% | ||
| Nevada | $500,000 | $433,750 | $445,000 | 15.3% | 12.4% | 31.5% | 59.0% | ||
| Plumas | $350,000 | $305,000 | $280,000 | 14.8% | 25.0% | 48.9% | 76.3% | ||
| Shasta | $300,000 | $295,000 | $286,000 | 1.7% | 4.9% | 21.8% | 27.5% | ||
| Siskiyou | $253,000 | $213,500 | $210,000 | 18.5% | 20.5% | 45.2% | 15.1% | ||
| Sutter | $350,000 | $341,000 | $315,000 | 2.6% | 11.1% | 11.1% | -5.9% | ||
| Tehama | $264,000 | $240,000 | $255,000 | 10.0% | 3.5% | 28.9% | 13.7% | ||
| Tuolumne | $325,000 | $305,000 | $300,000 | 6.6% | 8.3% | 41.9% | 35.6% | ||
| Yolo | $505,000 | $475,000 | $485,000 | 6.3% | 4.1% | 12.0% | 16.1% | ||
| Yuba | $343,750 | $328,950 | $299,900 | 4.5% | 14.6% | -8.5% | -3.4% |