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Price slip per Square foot in Southern California

Market research data just released by the California Association of Realtors shows a slip in price per square foot in the Southern California market from December, 2014 to January, 2015.

You can see by the chart below, which areas of So Cal have fared better than others on both a monthly and annual basis.

Jan-15

Dec-14

 

Jan-14

 

MTM% Chg

YTY% Chg

MTM% Chg

YTY% Chg

Los Angeles

$441,610

$464,650

 

$423,570

 

-5.0%

4.3%

-29.7%

-11.6%

Orange County

$674,340

$683,490

 

$653,850

 

-1.3%

3.1%

-30.6%

-4.3%

Riverside County

$306,060

$322,020

 

$314,070

 

-5.0%

-2.6%

-27.5%

-10.9%

San Bernardino

$206,660

$216,020

 

$190,130

-4.3%

8.7%

-15.7%

8.2%

San Diego

$496,380

$494,500

 

$479,340

 

0.4%

3.6%

-27.9%

-0.4%

Ventura

$582,630

$569,600

 

$533,730

 

2.3%

9.2%

-27.9%

0.0%

 

http://www.car.org/marketdata/data/countysalesactivity/

If you have an interest in acquiring property in any of these regions, we can help you pinpoint the most attractive acquisition.

 

Whether for residential or investment purposes, we bring decades of experience and understanding to the world of Southern California real estate.