Despite ongoing Coronavirus lockdowns for months in California, home sales remained high in November 2020, breaking the 500,000 sales benchmark for the first time since January 2009.
This is the highest sales level in 15 years.
November sales rose 5.0 percent from 484,510 in October and were up 26.3 percent from a year ago when 402,880 homes were sold on an annualized basis.
The year-over-year, double-digit sales gain was the fourth consecutive and the largest yearly gain since May 2009.
Source: California Association of Realtors
