State's home prices at highest level in 5 years | May 17, 2013 | Pleasanton Weekly | |

Pleasanton Weekly

Real Estate - May 17, 2013

State's home prices at highest level in 5 years

Pleasanton Realtor says shortage of homes dictating market

by Jeb Bing

Strong sales in higher-cost coastal regions and heated market conditions drove California's median home price to its highest level in March since May 2008, while inventory shortages continued to stifle home sales, the California Association of Realtors reported this week.

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