Southern California Home Sales Report October 2016

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On November 22, 2016, PropertyRadar reported home sales fell 6.3% in October of 2016 from in September of 2016, and declined 3.1% of from October of 2015 in Southern California. While, the distressed sales dropped 9.9% in October of 2016 from in September of 2016, and down 22.7% of from October of 2015. The median home price increased 1.3% to $485,000 in October of 2016 from September of 2016, and jumped 9.2% from October of 2015 in Southern California.

PropertyRadar's Director of Economic Research Madeline Schnapp, stated “Comparing sales this October to October 2015, sales were up in the more affluent counties and lower in the less affluent areas. That tells us that there is more price sensitivity in the lower income lower priced housing areas.”

For complete more detailed information about PropertyRadar’s October of 2016 Southern California home sales report, please CLICK HERE

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John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in your market area will appreciate this report.

Nov 28, 2016 12:52 PM #1
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Gita Bantwal Thank you for the confidence. Thanks for the comment.

Nov 28, 2016 01:21 PM #2
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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