California, MO

The real estate market in California, Missouri is a bustling one. With a population of just over 100,000 people, the area has plenty of potential buyers and sellers. The median home price in California is $122,500, which is significantly higher than the national median home price of $76,200. However, despite the high prices, there are still plenty of opportunities for buyers and sellers in this market.

One reason why the California real estate market is so active is that there are a lot of homes available for sale. In fact, according to Zillow’s 2018 Home Listing Report , there were 2,848 homes for sale as of September 2018. This number is up from 2,711 homes for sale as of September 2017 and 2,527 homes for sale as of September 2016 . This indicates that there are plenty of opportunities to find a home that meets your needs and budget.

Of course, not all homes available for sale in California are going to be affordable by any means. However ,there are still plenty of options available if you’re looking to buy a home in this area. According to Zillow’s 2018 Home Value Report , the median home value in California was $122,500 as of September 2018 . This means that you can find properties that range from small starter homes to large luxury estates if you’re looking for something specific in terms of size or amenities.

Another reason why the California real estate market is so active is because demand far outstrips supply when it comes to housing units . As mentioned earlier , there were 2,848 homes available for sale as of September 2018 . However , only 1% (or 176)of these were sold during this time period . This indicates that there are still many buyers interested in purchasing a home in this area even though availability may be limited at times.

Overall ,the California real estate market appears to be thriving despite some challenges related to availability and affordability . If you’re interested in buying or selling property in this area , it would definitely be worth your while to contact an experienced real estate agent who can help guide you through the process