Tue 13 Jul 2010
(From the AP) Home sales in Southern California climbed to an 11-month high in June as gains in pricey, coastal areas offset declines in less expensive regions that had been fueling the recovery, a research firm reported Tuesday. There were 23,871 new and existing homes sold in the six-county region last month, up 2.6 percent from 23,262 homes in the same period last year and up 7.2 percent from 22,270 in May, MDA DataQuick said. It marked the highest June sales total since 2006 and the most for any month since July 2009.
Homes sold for a median price of $300,000 in June, up 13.2 percent from $265,000 during the same month last year but down 1.6 percent from $305,000 in May.
Read more here: Southern California home sales edge up in June





