Southern California median home price jumps to $536,250 as sales fall
by Andrew Khouri, Los Angeles Times
Jul 26, 2018
3 minutes
LOS ANGELES - The Southern California median home price reached a new all-time high in June, jumping 7.3 percent from a year earlier. However sales plunged over the same time period, indicating sky-high housing costs could be burning out many home shoppers.
The six-county median - the point where half the homes sold for more and half for less - hit $536,250, real estate data firm CoreLogic said Tuesday. That's up $6,250 from the
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