Calif. median home price: May 2011: $$291,760 (Source: C.A.R.) Calif. highest median home price by region/county May 2011: San Mateo: $810,000 (Source: C.A.R.) Calif. lowest median home price by region/county May 2011: Merced $113,000 (Source: C.A.R.) Calif. Pending Home Sales Index: June 2011: 119, an increase of 1.9 percent compared with prior month. (Source: C.A.R.) Calif. First-time Buyer Affordability Index: First quarter 2011: 53 percent (Source: C.A.R.) Mortgage rates: Week ending 7/14/2011 30-yr. fixed: 4.51 fees/points: 0.7% ...