California home sales were down last month, plunging to the lowest level seen in January in seven years in the San Francisco Bay area, a research firm said Wednesday. But prices are still up over the same period last year.
An estimated 25,325 new and resale houses and condos sold in California – marking a 30.6 percent decline from the number sold the previous month and a 2 percent drop from January 2014 sales, according to data released by Irvine-based CoreLogic DataQuick.
The median price paid for a home in California of $376,000 was 6.5 percent above what it was a year ago but slightly less than it was in December.
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