March 28, 2024
Southern California home sales rise
SOUTHLAND – (INT) - The number of homes sold in Southern California in March increased sharply month over month from February and also rose on a year-over-year basis for the first time in three months.

According to CoreLogic data, a total of 19,603 new and existing houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in March.

That was up by 43.6 percent month over month from 13,650 sales in February 2015, and up by 11.1 percent year over year from 17,638 sales in March 2014.

Southern California home sales have fallen year over year in nine out of the last 12 months. March home sales have ranged from a low of 12,808 in 2008 to a high of 37,030 in 2004. March 2015 sales were 18.2 percent below the March average of 23,954 sales since 1988.

The median price paid for all new and existing houses and condos sold in the six-county Southern California region in March was $425,000. That was up by 2.4 percent month over month from $415,000 in February 2015 and up by 6.3 percent year over year from $400,000 in March 2014.
Story Date: April 22, 2015
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