Southern CA homes prices stabilizing
Tuesday, July 18, 2006
Karevoll: Sales counts are going to be strong but not record breaking, and prices appear to have reached a plateau.
The average price of a home in southern California is now $493,000. Prices actually fell a percent in San Diego last month. Karevoll says while prices inched up, the number of sales fell nearly 18 percent compared to the same month last year.
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