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SoCal Sales Up, Prices Still Down; MDA DataQuick 

Aug 18, 2009By

Southern California posted the best July sales volume in three years and the fastest pace of any month since December 2006. But as volume saw double-digit increases in all but one of the six Southern California counties, median prices saw double-digit declines from 2008 levels in the same number of counties. A total of 24,104 new and resale houses and condos closed escrow in San Diego, Orange, Los Angeles, Ventura, Riverside and San Bernardino counties in July, MDA DataQuick reported, an increase of 18.6% from July 2008.

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