In the latest California real estate update for May 2024, home sales have seen significant shifts. A notable percentage of homes sold above list price reflects current real estate trends in California. The sale-to-list price ratio and property values are critical metrics, showing how home price trends are evolving. The latest housing data highlights an increase in the percentage of homes that sold above list price compared to previous years, while the rate of price drops has also risen. This update provides an in-depth look at the California housing market, including real estate statistics, home sale statistics, and year-over-year trends. The real estate market report discusses housing affordability, market changes,…