$500,000 California Median Price

April prices increased 12.5 percent and sales increased 2.7 percent compared with April of 2004. Closed escrow sales in California of single family detached homes totaled over 658,000 (but did you know there are approximately 438,000 real estate licensees in this state?). The median price was actually $509,230 for April, 2005. Read CAR's article:April 05 sales/price report.

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