-June 23,2021-
Jobless rate improves here
The unemployment rate in Tulare County was 10.2 percent in May 2021, down from a revised 11.0 percent in April 2021, and below the year-ago estimate of 16.5 percent. This compares with an unadjusted unemployment rate of 7.5 percent for California and 5.5 percent for the nation during the same period.
Tulare County has some 5400 more jobs than a year ago including 1700 more in the hospitality industry says EDD.
Visalia & Tulare County median home price hits record
California median home price inches up
Tulare County’s median home sales price in May hit record at $324,350 says Brett Taylor CEO of Tulare County Association of Realtors Visalia, as well hit a new high median number at $346,00, adds Taylor, calling the trend “remarkable”.
On the state level, California Association of Realtors reports existing single-family home sales totaled 445,660 in May, down 2.7 percent from April and up 86.7 percent from May 2020.
May’s statewide median home price was $818,260, up 0.5 percent from April and up 39.1 percent from May 2020.Year-to-date statewide home sales were up 34.6 percent in May.
Tulare County sales are up 17% year to date.