Skip to main content

Listen

Read

Watch

Schedules

Programs

Events

Give

Account

Donation Heart Ribbon

SPECIAL COVERAGE: Living With Wildfires: San Diego Firestorm 10 Years Later

SoCal Median Home Price Plummets 39 Percent

A tracking firm says the median home price in Southern California dropped 39 percent in February from a year ago.

A tracking firm says the median home price in Southern California dropped 39 percent in February from a year ago.

MDA DataQuick also says in a report released Tuesday that home sales jumped more than 41 percent as bargain-hunting buyers descended on homes in the region's most affordable inland neighborhoods.

DataQuick says the median home price in a six-county region of Southern California plunged to $250,000 last month, compared to $408,000 in February of 2008. The median price for the area peaked at $505,000 in mid-2007.

Foreclosures accounted for more than 56 percent of February sales in Southern California.

Want more KPBS news?
Find us on Twitter and Facebook, or subscribe to our newsletters.

To view PDF documents, Download Acrobat Reader.