SoCal condo sales 25% below average amid broader economic woes
Condominiums in Southern California aren’t selling as much as they used to. In the year-long period ending in April, Southern California saw 41,300 condos sold, bringing the region’s sales pace to its slowest in more than two decades and now sitting at 25 percent below the local average, the Daily Breeze reported, citing a report from Attom. The analysis examined new and used condo sales in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties. The median condo list price in Southern California reached $685,000 in April, representing the eighth-highest level on record. The median single-family home price […]This article originally appeared on The Real Deal. Click here to read the full story.
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