California’s median home price just set a new record and SLO’s is even higher

California median home prices set a new record in May — and San Luis Obispo County houses sold for even more, according to a new California Association of Realtors report.

A California single-family home sold for a median price of $600,860, topping the previous median high of $594,530 set during the pre-Great Recession housing boom more than 10 years ago, according to the organization’s May home sales and price report.

Median prices indicate half of buyers paid more for their homes and half of buyers paid less. The report draws on data collected from a survey of more than 90 Realtor associations statewide.