California home sales in February were 83 percent ahead of the previous year, while the median existing home price dropped 41 percent in the past year, according to a report Wednesday from the California Association of Realtors.
Locally, here are the figures on home sales:
Los Angeles -- sales up 69.3 percent versus February 2008, down 9.4 percent from January
Orange County -- sales up 44.6 percent versus Febraury 2008, up 10.5 percent from January
Riverside/San Bernadino -- sales up 149.6 percent versus February 2008, down 9.2 percent from January
Local median home prices were:
Los Angeles -- $308,540, 35.5 percent less than February 2008, 1.2 percent higher than January
Orange County -- $433,690, 28.9 percent less than February 2008, 2.5 percent higher than January
Riverside/San Bernadino -- $174,400, 39.8 percent less than February 2007, 1 percent lower than January
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Cheers
Marc
Locally, here are the figures on home sales:
Los Angeles -- sales up 69.3 percent versus February 2008, down 9.4 percent from January
Orange County -- sales up 44.6 percent versus Febraury 2008, up 10.5 percent from January
Riverside/San Bernadino -- sales up 149.6 percent versus February 2008, down 9.2 percent from January
Local median home prices were:
Los Angeles -- $308,540, 35.5 percent less than February 2008, 1.2 percent higher than January
Orange County -- $433,690, 28.9 percent less than February 2008, 2.5 percent higher than January
Riverside/San Bernadino -- $174,400, 39.8 percent less than February 2007, 1 percent lower than January
Read more...
Cheers
Marc
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