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| 04-15-08 |
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| Median price of SoCal homes plunged 24 pct to 4-year low |
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| 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. |
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| 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.
Read more at: http://biz.yahoo.com/ap/080415/california_homes.html |
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