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Article: SOUTHERN CALIFORNIA HOME SALES REMAINED STABLE, PRICES CONTINUED TO DECLINE
- Article from:
- PR Newswire
- Article date:
- October 16, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SOUTHERN CALIFORNIA HOME SALES REMAINED STABLE,
PRICES CONTINUED TO DECLINE
RUNNING SPRINGS, Calif., Oct. 16 /PRNewswire/ -- Southern California home sales remained stable but at low levels last month, while prices continued to decline, according to a real estate newsletter.
A total of 12,838 homes were sold in Ventura, Los Angeles, Orange, San Diego, Riverside and San Bernardino counties last month. That was up 0.5 percent from 12,769 in August, but down 8.9 percent compared to 14,090 in September last year, according to the Southern California Real Estate Observer.
The median price of a resale house was $180,000 in September, down ...