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

Calif. median home price - October 09: $297,500 (Source: C.A.R.) (note: compared to $296,090 last month)

Calif. highest median home price by C.A.R. region October 09: Santa Barbara So. Coast $970,000 (Source: C.A.R.) (note: compared to $750,000 last month)

Calif. lowest median home price by C.A.R. region October 09: High Desert $118,580 (Source: C.A.R.) (note: compared to $117,820 last month)

Calif. First-time Buyer Affordability Index - Third Quarter 2009: 64 percent (Source: C.A.R.) (note: compared to 67 percent Second Quarter 2009)

Mortgage rates – week ending 11/25/09:

• 30-yr. fixed: 4.78%; Fees/points: 0.7% (note: compared to 5.00% and 0.7% points last report)
• 15-yr. fixed: 4.29%; Fees/points: 0.6% (note: compared to 4.43% and 0.6% points last report)
• 1-yr. adjustable: 4.35%; Fees/points: 0.7% (note: compared to 4.54% and 0.6% points last report)

- California Association of Realtors & Freddie Mac