California Housing Comeback

The national housing market is full of uncertainty. But in California, the markets are stabilizing.

Home prices are rising in virtually every corner of the Golden State. Prices have climbed for nine consecutive months, and in July posted a 10.4% gain year-over-year. That puts the state's median price at $315,000 -- nearly twice the national median of $183,000.


And the news is even better in coastal cities.

San Francisco posted the biggest gain of any U.S. metro over the past year, rising 14.3%. The median price there is now more than $607,000. Meanwhile, San Diego has climbed 11.2% (median price: $389,000) and Los Angeles jumped 9.2% (median price: $345,000).

For more info on San Diego's housing market, click here.