March 2009 Median Home Prices for California Real Estate

Calif. median home price - March 09: $253,040 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region February 09: Santa Barbara So. Coast $825,000 (Source: C.A.R.)
Calif. lowest median home price by C.A.R. region February 09: High Desert $114,670 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Fourth Quarter 08: 59 percent (Source: C.A.R.)
Mortgage rates - week ending 4/23/09 30-yr. fixed: 4.8% Fees/points: 0.7% 15-yr. fixed: 4.48% Fees/points: 0.7% 1-yr. adjustable: 4.82% Fees/points: 0.4% (Source: Freddie Mac)