SoCal Sees 27.1 Percent Annual Sales Decline
All six counties within the region dipped more than 20 percent year-over-year
All six counties within the region dipped more than 20 percent year-over-year
Riverside was the only local county to see a month-over-month price increase, hitting an average of $650,000
The property includes a 1,225 acre ranch, an aviary, greenhouse, wine gazebo, heli pad and pistol range
The average home price reached $826,500 last month—a 16.7 percent annual increase
The Golden State may have plenty of housing mandates, but just 20 jurisdictions are on track to meet their goals
A deeper dive into CAR’s September report reveal slower month-over-month gains in most of SoCal—and one area where prices decreased!
Industry expert Jonathan Lansner says history suggests a slow down is imminent
There also were 541 fewer homes sold last month compared to July 2021
Among the top four companies, sales reached an all-time high of 789 homes
July data shows the six-county region’s median sales price reached $681,750
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