California Association of Realtors just released its report for September 2009 real estate activity.

Calif. median home price - September 09: $296,090 (Source: C.A.R.) (note: compared to $292,960 last month)

Calif. highest median home price by C.A.R. region September 09: Santa Barbara So. Coast $750,000 (Source: C.A.R.) (note: compared to $828,750 last month)

Calif. lowest median home price by C.A.R. region September 09: High Desert $117,820 (Source: C.A.R.) (note: compared to $111,770 last month)

Calif. First-time Buyer Affordability Index - Second Quarter 2009: 67 percent (Source: C.A.R.) (note: compared to 69 percent First Quarter 2009)

Mortgage rates – week ending 10/22/09:

• 30-yr. fixed: 5.00%; Fees/points: 0.7% (note: compared to 5.04% and 0.6% points last report)
• 15-yr. fixed: 4.43%; Fees/points: 0.6% (note: compared to 4.46% and 0.6% points last report)
• 1-yr. adjustable: 4.54%; Fees/points: 0.6% (note: compared to 4.52% and 0.6% points last report)

- California Association of Realtors & Freddie Mac