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Monday, July 18, 2005

DataQuick: SoCal RE Still Hot

by Calculated Risk on 7/18/2005 07:51:00 PM

UPDATE: Bay Area: Near Record Sales, New Price Peak

DataQuick reports: Southland Real Estate Market Hits New Highs

Both sales counts and prices reached new highs in Southern California last month. While appreciation continued to ease back, a new price peak was reached in each of the Southland counties.

All Homes Sold June-04 June-05 Pct.Chg
Los Angeles 11,673 12,001 2.8%
Orange County 4,749 4,898 3.1%
San Diego 6,208 5,663 -8.8%
Riverside 6,343 6,485 2.2%
San Bernardino 4,292 4,700 9.5%
Ventura 1,466 1,707 16.4%
TOTAL SoCal 34,731 35,454 2.1%


Median Home Price June-04 June-05 Pct.Chg
Los Angeles $414K $475K 14.7%
Orange County $540K $603K 11.7%
San Diego $464K $493K 6.3%
Riverside $319K $393K 23.2%
San Bernardino $246K $322K 30.9%
Ventura $500K $584K 16.8%
TOTAL SoCal $406K $465K 14.5%