There are 175 active listings from $212,900 for A California Casual to $939,000 for a Provence on the golf course.
Since April 4, there were 15 pending sales (look back at previous months's stats) from $178,000 for A California Casual to $$699,000 for an expanded Monaco on the Golf Course.
There were 26 (wow!) closed escrows from $190,000 for a California Casual to a great room Portofino for $575,000.
Of the pending sales, 14 out of 15 were under $400,000.
Of the closed sales 10 were under $300,000, 10 were between $300,000-$400,000, 5 were between $400,000 and $500,000 and one was over $500,000.
I am assuming the numbers are a result of lenders making loans up to $500,000 at rates of 5% or less.
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