Blog Post

Home prices in Southern California increased 10% in February when compared to prices in February 2009. The median price paid for a southland homes was $275,000 in February, the third consecutive month of a year over year increase as well as a 1.3% increase in price from January. The rise in home prices is a sign that foreclosures sales are not dominating the market as much as they were in 2009. In February a total of 15,359 homes sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties according to the Los Angeles Times.

Via

www.latimes.com/business/la-fi-home-sales17-2010mar17,0,1618841.story