California Real Estate Sales Update for Jan. 2009
A total of 15,227 new and resale homes sold in the six-county Southern California region (Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties) last month. That was up 52.5% from 9,983 in January 2008. The median price of a Southern California home was $250,000 in January. The median price was down 39.8% from $415,000 in January 2008 (see bottom chart above).