March 18, 2010
Firm: Calif. median home price rises in month
By JACOB ADELMAN, Associated Press
LOS ANGELES (AP) — A tracking firm says the median home price in California increased more than 2 percent last month from September to its highest level in nearly a year.
San Diego-based MDA DataQuick said in a report released Thursday that the increase was due to a dip in foreclosures and an uptick in sales within high-end markets. The firm says the median for the state increased to $257,000 last month from $251,000 in September, but was down almost 8 percent from $276,000 in October 2008. DataQuick also says nearly 41,300 homes were sold in the state in October, up almost 3 percent from September, but down more than 2 percent from about 42,300 in October 2008. Foreclosures accounted for about 41 percent of all sales. |
Current Temp
59.0 °
Fair
Upload directly from your mobile device. Learn howYouNews
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled.
Click here for a free download of the latest Adobe Flash Player.
Resources and info you need to prepare for the switch to DTV. |
Most Popular
|
