California Association of Realtors

Napa County home sales sank like a rock this May, dropping 54% compared to one year ago, the California Association of Realtors reported.

The coronavirus lockdown walloped California house sales in May, resulting in a 41.4% drop in transactions from the previous year, the California Association of Realtors reported.

The number of existing, single-family home sales that closed last month fell 51.1% compared with the same month last year and the median price dropped 2.5%, according to the California Association of Realtors.

Bay Area home prices rose substantially in March despite a drop in sales compared with last March, but those numbers reflect deals entered into before most counties imposed shelter-in-place orders.

The government lock-down on real estate sales loosened last week — agents and other professionals were deemed essential workers — but strict Bay Area guidelines banned open houses and close contact.

The real estate industry, struggling with coronavirus-linked limitations, got a boost with its sales business reclassified as an "essential" industry.

The coronavirus pandemic is threatening to put a damper on the Marin County, Calif., real estate market as it enters its normally busy spring season, with the nation facing economic uncertainty and a "shelter in place" order forcing the cancellation of many house events.

The California Association of Realtors told its members Friday to stop all face-to-face sales activities including showings, listing appointments, open houses and property inspections due to coronavirus concerns.

Real estate agents have canceled professional meetings, seen clients show up in masks, and resorted to fist bumps and elbow nudges instead of their traditional social currency — firm handshakes and longish hugs.

Sports leagues have suspended their seasons. Organizers have canceled conferences. The coronavirus is starting to inflict economic damage as Americans hunker down to stop its spread.

Southern California home prices shot up in January from a year earlier, as buyers fought over a meager supply of homes for sale across the six-county region.

The median price paid for an existing, single-family home in the Bay Area fell in 2019 for the first full year since 2011, according to the California Association of Realtors.

The Bay Area home market remained sluggish in November, as buyers searched for cheaper homes and sales slowed entering the holiday season.

Southern California house prices jumped 7.5% in the 12 months ending in November, the biggest gain in the state, according to the California Association of Realtors.

Southern California's recent surge in home sales and prices continued into October, marking the second straight month of year-over-year sales gains in all six counties.

Economic uncertainty and high housing prices will put a damper on home sales next year, but low mortgage rates will offset that, pushing house prices to all-time highs in 2020, the California Association of Realtors forecast.

Southern California home prices rose only 1.2% in June from a year earlier, while sales fell 8.8%, reflecting a broad slowdown in the region's pricey housing market.

San Bernardino County, land of the most affordable housing in Southern California, bucked a regional trend of slowing home appreciation in May, seeing its year-over-year prices rise 10.5%.

Single-family home prices in Orange, Los Angeles and San Diego counties changed course, climbing up in April after falling year-over-year in March.

People don't move like they used to.