The median price of a single-family home in Riverside County climbed almost 3% last month, but sales of existing homes dropped off slightly, the California Association of Realtors reported June 16.The median home price countywide in May was $560,000, compared to $545,500 in April, representing a 2.7% increase, according to CAR.On a year-over-year level, the price was 29% higher; in May 2020, the median price of an existing single-family property was $434,480, data showed.Statewide, the median price last month was $818,260, compared to $814,010 in April - up 0.5%. In May 2020, the median price was $588,070, reflecting a year-over-year rise of 39%.The median represents the point at which half of homes sell above a price, and the other half below it.“A lack of housing in
