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Stats at a Glance

May Detached Median Prices (Month over Month) 0.7% DECREASE
May Attached Median Prices (Month over Month) 0.1% DECREASE
May Detached Sold Listings (Month over Month) 4.4% INCREASE
May Attached Sold Listings (Month over Month) 7.1% INCREASE

Local real estate market statistics are updated here monthly.

Global Connections

Licensees' Choice to be Independent Contractors Upheld

March 31, 2023
Industry News

A major win for the right of real estate licensees to be independent contractors was solidified on March 27.

The California Supreme Court refused to review Whitlach v. Premier Valley, the favorable California Court of Appeals published opinion allowing brokers and agents to choose to be independent contractors. Further, it dismissed the attempt of the plaintiff to file a class action. 

This case will provide valuable direction and assistance to future judges and litigants, as well as potential arbitration or mediation participants. Moreover, it may provide explanation and guidance for thousands of real estate licensees throughout California.

Read more.

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admin May Detached Median Prices (Month over Month) 0.7% DECREASE May Attached Median Prices (Month over Month) 0.1% DECREASE May Detached Sold Listings (Month over Month) 4.4% INCREASE May Attached Sold Listings (Month over Month) 7.1% INCREASE