Send Your REFERRALS

Do you know a friend who is interested in buying a home?CLICK HERE

Schedule A MEETING

Meet with one of our agents for a consultation… CLICK HERE

Why Invest TODAY?

Check out these FAQs to help you decide whether to invest today or not… CLICK HERE

Talking Points

 

Southern California home prices jumped in December, reaching the highest level in more than nine years.

 

An improving economy and a shortage of homes for sale propelled prices up 6.8 percent from a year earlier, real estate data firm CoreLogic said Tuesday. December’s median price of $470,000 was up 1.1 percent from a month earlier.

 

In Los Angeles County, the median price last month climbed 4 percent from a year earlier to $520,000; in Orange County, 5.3 percent to $665,000; in Ventura County, 5.9 percent to $519,000; in San Bernardino County, 8.7 percent to $299,000; in Riverside County, 8 percent to $345,750; and in San Diego County, 4.2 percent to $495,000.

 

The rise in last month’s six-county median price comes after prices stayed largely flat since June, when the regional median hit $465,000 — which at the time was a nine-year high.

 

This entry was posted in Buying a Home, Economy, Real Estate and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

FEATURED PROPERTIES

714-835-7126

714-835-7126

Contact Information

CA Department of Real Estate Lic.# 01960213
  • facebook
  • twitter
  • linked in