Welcome to WebmasterWorld Guest from 18.104.22.168
Forum Moderators: open
joined:Dec 29, 2003
SAN FRANCISCO (AP) -- Southern California home values plummeted 24 percent during March, leaving prices at an almost four-year low amid the real estate market's deepening distress.
The median price of homes sold in a six-county region stood at $385,000 in March, a sobering turnaround from the previous year when values had reached a record $505,000, according to data released Tuesday by DataQuick Information Services.
Southern California homes haven't sold for so little since April 2004 when the region's median price stood at $380,000.