More Median Home Prices go Negative! Southern California Housing Market 2023 Update
More median home prices are negative year over year in the Southern California housing market! And one county has seen a drop of over 15% from peak to the end of the year…can you guess which one? Of course homes are taking longer to sell, but we also found a shocking trend in the Days on Market (DOM) data…one market segment is actually selling faster!
We run through the median home price, days on market (from Altos Research Reports) and median price drop percentages for Orange County, Los Angeles, Riverside, San Bernardino, San Diego and Ventura in the #1 Southern California Housing Market Update!
Median Home Prices in Southern California
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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.
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