Tuesday, September 15, 2009

Southern California median home price climbs 2.6% in August

The L.A. Times reports:
Southern California's median home price continued to rise in August, to $275,000, up 2.6% from July, a San Diego real estate research firm reported today.

The number of homes sold, however, dipped from July due to a constricted supply of foreclosed homes and lingering uncertainty among buyers, MDA DataQuick said.