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Archive Home > 2008 > December > 17 > Southern California sees home prices drop

Southern California sees home prices drop


December 17, 2008

Home foreclosures continued to drag home prices to new lows in November, as the Southern California median sales price slid to $285,000, its first dip below $300,000 since 2003. The November median price was down 34.5 percent from the same month a year ago, and 43.6 percent below the peak price....

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