Final answer:
The purchase of an estate for three times the previously highest recorded sale price will most affect the median home price in the statewide housing market.
Step-by-step explanation:
The statewide housing market statistic that will be most affected by the purchase of an estate in California for three times the previously highest recorded sale price of any property is the median home price in the state.
When a property is sold for a significantly higher price than previous sales, it can greatly influence the overall median home price. This is because the median is calculated by taking the middle value of all the home prices, so a higher sale price will shift the median higher.
This increase in median home price can impact the affordability of housing in the state, potentially making it more difficult for people to afford homes. It may also attract more investors and luxury buyers, leading to a higher demand for high-end properties.