California Economic Snapshot

Published September 9, 2014

New Auto Registrations (Year to Date, Through June)

2013: 532,388
2014: 565.056

Median Home Price (Existing, Single-Family, Detached)

In July 2013: $433,740
In July 2014: $464,750

Single-Family Detached Home Sales (Existing Homes, Seasonally Adjusted)

In July 2013: $443,500
In July2014: $398,940

Median Number of Days to Sell a Home (Existing, Single-Family, Detached)

In July 2013: 27.9
In July 2014: 33.9

Nonfarm California Jobs

In May 2013: 15,168,900
In July 2014: 15,492,500

Average Mortgage Rates (30-year, Fixed Mortgage, Average)

In July 2013: 2.66 percent
In July 2014: 4.13 percent

Data Sources: California New Car Dealers Association, California Employment Development Department, California Association of Realtors

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