Southern California’s median home price rose by nearly 11% in November, for the fourth consecutive month, according to new data from DQNews.
The six-county region’s median price was $603,000 in November, a 10.8% increase from a year earlier. Additionally, DQNews points out that sales rose 18.9% from November 2019.
The Southern California median price hit an all-time high earlier this year in September, before a slight decline in October and November.
- In Los Angeles County, the median sales price rose 12.2% from a year earlier to $700,000, while sales climbed 13.1%.
- In Orange County, the median sales price rose 8.2% to $799,500, while sales climbed 19.4%.
- In Riverside County, the median sales price rose 12.3% to a record $455,000, while sales climbed 20.1%.
- In San Bernardino County, the median sales price rose 14.3% to match a record of $400,000, while sales climbed 25.7%.
- In San Diego County, the median sales price rose 9.3% to match a record of $650,000, while sales climbed 23%.
- In Ventura County, the median sales price rose 14.4% to $663,750, while sales climbed 18.4%.