Foreclosures Up 54 Percent Since July 2021
Despite the increase, numbers remain slightly above the historic lows seen earlier in the pandemic
Despite the increase, numbers remain slightly above the historic lows seen earlier in the pandemic
With single-family home prices surging in many markets, condos are some buyers only option
Month-over-month, contract signings were down across all regions, except the Northeast
Neighboring San Luis Obispo saw monthly declines but major annual gains
The inventory of unsold existing homes increased slightly to 870,000—equivalent to 1.7 months of supply
All other SoCal counties saw prices increase or remain flat in new CAR numbers
Last month’s statewide median home price was $771,270, up 0.7 percent from January and up 10.3 percent from February 2021
Anaheim saw the largest annual increase as 55 percent of homes were worth $1 million or more last month
Month-over-month increases hit a new record in February—but not by much!
© 2023 California Listings, Inc.