Prices Are Still On the Rise: Southern California median home price jumped to $400,000 in March

santa monica homesHome prices in Southern California are at their highest level in six years, according to new data, though those gains may be taking a bite out of sales volume.

The median price of a house sold in Southern California rose from $383,000 in February to $400,000 in March, the market’s highest level since February 2008, according to San Diego-based DataQuick, which tracks real estate data…,0,6707626.story#ixzz2yz31rKpg

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