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Southern California Real Estate Sales

Home sales in Southern California continued at their slowest pace in nine years as price levels appeared to be nearing a plateau.

A total of 25,628 new and resale homes sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month. That was up 12.8% from 22,712 in July, and down 25.3 percent from 34,292 for August a year ago, according to DataQuick Information Systems.

All Homes; No Sold
Aug-05
No Sold
Aug-06
Pct.
Chg
Median
Aug-05
Median
Aug-06
Pct.
Chg
Los Angeles 11,653 9,193 -21.1% $494K $517K 4.7%
Orange County 4,708 3,203 -32.0% $617K $633K 2.6%
San Diego 5,379 3,666 -31.8% $493K $482K -2.2%
Riverside 6,452 4,879 -24.4% $388K $415K 7.0%
San Bernardino 4,522 3,611 -20.1% $344K $365K 6.1%
Ventura 1,578 1,076 -31.8% $592K $598K 1.0%
So. California 34,292 25,628 -25.3% $476K $489K 2.7%

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