L.A. County home sales fell 25 percent in July, the eighth straight month of declines, according to a survey by DataQuick Information Systems. The median price of all L.A. houses and condominiums closing escrow was $520,000, just a shade above the $517,000 in the previous month and up 6.6 percent from a year ago. DataQuick has San Diego's median price falling 1.8 percent to $487,000 last month from a year earlier. The numbers are slightly different than the ones reported earlier this week by HomeData Corp., but the directions and percentage changes are pretty consistent. Yet another set of July housing numbers, this one from the California Association of Realtors, is due out later this month.
More by Mark Lacter:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
Recent stories on LA Observed:
Barry Diller's many paychecksSay hello to the marijuana vending machine - and it's made in California
Good tip for job candidates: Always ask questions
Former Calpers CEO charged with fraud*
The Walmart story that everyone is talking about
New at LA Observed
Follow us on Twitter
On the Media Page
Go to Media
On the Politics Page
Go to Politics
LA Biz Observed
Go to LA Biz Observed
Sign up for daily email from LA Observed
