Southern California Real Estate Sales Volume Is Down 16% And Sales Price Is Up 7%

Housing Kabooom reports the Southland Real Estate Sales Report: “This was the slowest September since 2007, when 12,455 homes were sold. Last month’s sales were 26.3 percent lower than the September average of 24,578. DataQuick’s statistics begin in 1988. An August-to-September drop is normal for the season: On average, sales have dipped 9.2 percent between those two months. “Today’s market can be characterized as much by activity that’s not happening, as by the activity that is happening. We’re seeing distress-selling, bargain-hunting and entry-level buying, while the rest of the market is still largely on hold,” said John Walsh, MDA DataQuick president.”

Are you looking for a home in SoCal, well then perhaps the 3 bedroom and 2.5 bath house at 17023 Jurassic Pl, Victorville, CA 92394, is for you. It is listed for $120,000 which is $62/square foot; which is typical of homes in Victorville, according to Redfin.

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