Listen Now!  (5:32 Minutes)
Presented
By		   

Additional Features		 

Inland home prices decline again, but drop appears to be easing -

Published on Tuesday, January 19, 2010
By LESLIE BERKMAN


Housing markets in Riverside and San Bernardino counties are hanging on the coattails of Southern California as the region struggles to climb out of a pit.

Last month median home prices in the two Inland counties were lower than in December 2008, although all four other Southland counties had rising median prices, according to MD DataQuick, a real estate information service based in La Jolla.

But the good news was that Inland price declines were far less severe than earlier in the year.

Riverside County's median home price -- where half the homes sell for less and half for more -- was $196,000 in December, down 6.2 percent from a year earlier, while San Bernardino County's median home price was $154,000, which was 14.4 percent lower than in December 2009. The downward trend had been much more acute in February when the median home prices in Riverside and San Bernardino counties fell about 42 percent and 47 percent, respectively, from a year earlier   Read Full Article...

 
 

Comment/Review this Podcast:

 

Give us your feedback

Press-Enterprise is interested in hearing what you think about our Podcasts. You can give us your feedback by filling out our Audience Survey or email us directly at pe@shortcutlink.com.