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DataQuick on SoCal: Sales Surge in March, Off 19% from last year

Posted on May 19, 2008

From DataQuick: Southland home sales highest in eight months Southern California home sales surged last month to the highest level since August as bargain shoppers took advantage of price slashing. Although some higher-end costal markets also posted gains, the swell in transactions mainly reflects more sales of homes under $500,000 in inland areas where depreciation and foreclosures have been greatest, a real estate information service reported.A total of 15,615 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in April. Tha...

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foreclosures , markets , real estate