C.A.R. reports January median price increased 15 percent; home sales decreased 10.6 percent

LOS ANGELES, CA – February 24, 2010 – (RealEstateRama) — Home sales decreased 10.6 percent in January in California compared with the same period a year ago, while the median price of an existing home rose 15 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today