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Houses in California have become 41 % cheaper

30 September 2009

According to Realtors National Association, prices for houses in California (USA) have decreased on 41 % in comparison with a level, fixed in 2008.
So, the average price of the constructed house for one family in California has decreased to $247,59 thousand in February, 2009. In the beginning of 2008 the house in California cost about $418,26 thousand.
In Santa Barbara – district with the most expensive real estate in California – the average price of one-family house made $715 thousand (-45 % in comparison with 2008).

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