Southern California Home Sales for October 2011
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And again, there’s not much in the way of good news to report regarding home sales in Southern California for October 2011.
DQ News reported that 16,829 new and resale homes sold last month, which is down 7.3% from September 2011 and up ½% from October 2010. Median price at $270,000 is down 4.6% from $280,000 in October 2010 and down 3.6% from last month.
The year over year median has fallen for the last eight months. The current median is up from the bottom of the current cycle of $247,000 in April 2009, but 46.5% below the peak median of $505,000 in mid 2007.
| Sales Volume | Median Price | |||||
| All homes | Oct-10 | Oct-11 | %Chng | Oct-10 | Oct-11 | %Chng |
| Los Angeles | 5,470 | 5,830 | 6.60% | $325,000 | $300,000 | -7.70% |
| Orange | 2,298 | 2,241 | -2.50% | $438,000 | $405,000 | -7.50% |
| Riverside | 3,264 | 3,026 | -7.30% | $198,000 | $187,000 | -5.60% |
| San Bernardino | 2,343 | 2,300 | -1.80% | $150,000 | $150,000 | 0.00% |
| San Diego | 2,750 | 2,759 | 0.30% | $334,500 | $315,000 | -5.80% |
| Ventura | 619 | 673 | 8.70% | $355,000 | $335,000 | -5.60% |
| SoCal | 16,744 | 16,829 | 0.50% | $283,000 | $270,000 | -4.60% |
DQ News – Articles – Southern California Homes sale – October 2011
And by zip code
DQ News – Monthly Charts – LA Times – Zip Code
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