Home prices in tools of Southern California are during record highs — and keep rising

In many corners of Southern California, home prices have strike record highs. And they keep going up.

In Los Angeles County, a median cost in Jun jumped 7.4% from a year progressing to $569,000, leading a prior record set in May. In Orange County, a median was adult 6.1% from 2016 and tied a record reached a prior month during $695,000.

Across a six-county region, a median cost — a indicate where half a homes sole for some-more and half for reduction — rose 7.5% from a year progressing and is now usually 1% off of a all-time high of $505,000 reached in 2007, according to a news out Tuesday from CoreLogic.

The cost boost was even larger than a 7.1% arise available in May, and some agents contend there are no signs of a slack in a Southern California market.

Speak Your Mind