The Southern California’s real estate market has witnessed diverse trends in median prices across key counties. Here’s an overview of the home median prices per region:
- San Diego County: Registered a 1.5% monthly increase, leading to a median of $898,000; up 10.9% in a year.
- Los Angeles County: Up 1.7% monthly to a median of $890,000; up 10.6% annually.
- Orange County: Maintained a flat month-over-month median of $1.2 million; up 20% in a year.
- Riverside County: Experienced a 0.8% monthly decrease, resulting in a median of $585,000; up 5.4% annually.
- San Bernardino County: Reported a flat month-over-month median of $500,000; up 5.3% in a year.
- Ventura County: Witnessed a 1.6% monthly decrease, resulting in a median of $822,000; up 2.2% annually.
It’s important to note that the median home price crossing $1 million in San Diego, as reported by the Greater San Diego Association of Realtors, reflects transactions involving Realtors, unlike CoreLogic data, which encompasses all sales regardless of real estate agent involvement. These insights, sourced from The San Diego Union-Tribune, offer valuable perspectives for industry professionals and individuals navigating the Southern California real estate market.
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
