California median home price – April 06: $562,380 (Source: C.A.R.)

California highest median home price by C.A.R. region April 06:
Santa Barbara So. Coast $1,250,000 (Source: C.A.R.)

California lowest median home price by C.A.R. region April 06:
High Desert $334,860 (Source: C.A.R.)

Mortgage rates – week ending 6/1:
30-yr. fixed: 6.67%; Fees/points: 0.4%
15-yr. fixed: 6.26%; Fees/points: 0.4%
1-yr. adjustable: 5.68%; Fees/points: 0.7%