Homebuying Hottest Counties in California
By Kurt Real Estate Aug 17, 2021
The highest average rankings went to:
1. Siskiyou County: The top spot (which borders Oregon) had a $300,000 median in June, a 41% one-year price gain, 74% more sales, 57% smaller supply, and homes spending an average of 81% fewer days on the market.
2. San Benito County: This NorCal community had a $794,690 median, 36% price gain, 45% sales increase, 47% supply dip, and 84% fewer days on the market.
3. Orange County: $1,138,000 median, 31% price gain, 62% sales increase, 57% supply dip, and 65% fewer days on the market.
3. Tuolumne County: It borders Yosemite and had a $413,820 median, 36% price gain, 48% sales increase, 46% supply dip, and 68% fewer days on the market.
11: San Bernardino County: $435,000 median, 34% price gain, 17% sales increase, 32% supply dip, and 76% fewer days on the market.
15: Los Angeles County: $796,120 median, 29% price gain, 42% sales increase, 40% supply dip, and 53% fewer days on the market.
17: Riverside County: $575,000 median, 28% price gain, 17% sales increase, 37% supply dip, and 70% fewer days on the market.
21: Alameda County: $1,300,000 median, 33% price gain, 45% sales increase, 32% supply dip, and 38% fewer days on the market.
25: San Francisco County: $1,950,000 median, 8% price gain, 87% sales increase, 52% supply dip, and 37% fewer days on the market.
29: Santa Clara County: $1,750,000 median, 27% price gain, 47% sales increase, 38% supply dip, and 27% fewer days on the market.
33: San Diego County: $865,000 median, 28% price gain, 29% sales increase, 32% supply dip, and 50% fewer days on the market.
44: Sacramento County: $525,000 median, 26% price gain, 13% sales increase, 26% supply dip, and 40% fewer days on the market.
49: Stanislaus County: $430,000 median, 21% price gain, 5% sales drop, 0% supply dip, and 50% fewer days on the market.
48: Sutter County: $395,000 median, 16% price gain, 7% sales drop, 41% supply hike, and 63% fewer days on the market.
50: Kings County: $295,000 median, 11% price gain, 14% sales increase, 29% supply dip, and 38% fewer days on the market.
51: Butte County: $438,000 median, 12% price gain, 3% sales rise, 10% supply dip, and 57% fewer days on the market.
Considering all the talk about inland migration; here’s a collective look at median results for the 15 California counties on the Pacific vs. the rest of the state.
Homebuying in those pricier, ocean-close towns, at a minimum, have rebounded nicely.
Price: $862,500 coastal versus $615,85 elsewhere.
Price gain: 29% coastal versus 24% elsewhere.
Sales increase: 35% coastal versus 20% elsewhere.
Supply drop: 45% coastal versus 32% elsewhere.
Days on the market decline: 50% coastal versus 56% elsewhere.
Source: CAR’s data on June’s closed transactions of existing, single-family houses.
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