Southern California home prices hit 6-month high

Posted by on Tuesday, April 24th, 2012 at 8:30am.

Southern California home prices hit 6-month high

Wednesday, April 18th, 2012 at 7:37pm. 18 Views, 0 Comments.

Sales of high-end homes lifted prices to a six-month high in Southern California in March, as the region's housing market remained in a gradual recovery, a research firm said Tuesday.

There were 19,953 new and existing homes and condos sold in a six-county region, up 2.8 percent from a year earlier, DataQuick said, marking the third-straight annual increase and the seventh in eight months.

The median price was $280,000, down 0.2 percent from the same time last year and matching the highest level since September.

 Sales rose sharply from February, reflecting a usual seasonal increase as spring begins.

 "The year is young and lots could still change, but the results from the first big sales month of 2012 suggest the…

  

Read Full Post »

 

 

 

 

 

 

 

 

 

Leave a Comment

Format example: you@domain.com
Format example: yourwebsitename.com