Health & Fitness
Southern California Home Sales Up-to-Date Report
SoCal Realty Market---Realtors like me use DataQuick.com to get an omnibus view of the real estate market in Southern California. Take a look at their exhaustive report of what's going on now.
The following article was posted on DataQuick.com:
Southern California home sales fell last month to the lowest level for a July in four years, though the decline from a year earlier was the smallest in 13 months.
The drop in sales from June was more pronounced, especially for $500,000-plus homes, as the job market sputtered, economic uncertainty intensified and some potential homebuyers got cold feet, a real estate information service reported.
Find out what's happening in San Clementewith free, real-time updates from Patch.
A total of 18,090 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in July. That was down 11.9 percent from 20,532 in June and down 4.5 percent from 18,946 in July 2010, according to San Diego-based DataQuick.
On average, sales between June and July have fallen 4.8 percent since 1988, when DataQuick's statistics begin. July sales have varied from a low of 16,225 in 1995 to a high of 38,996 in 2003. Last month's sales count was the third-lowest on record for a July, and was 29.8 percent below the July average of 25,752 sales.
Find out what's happening in San Clementewith free, real-time updates from Patch.
Among all months, June has had the highest number of sales most often--in eight of the past 23 years in DataQuick's records--while July has had the highest sales twice in that period...
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