It was a great time to be a homeowner in 2020. Most housing analysts predict it will be even better at the end of 2021. A study by DQNews/CoreLogic of closed transactions showed prices and sales were up throughout SoCal in 2020.
Sales across the six-county region in December were 29% above a year earlier and the fastest buying pace for any month since June 2017.
Six-county region: 24,995 sold, up 29% over 12 months. Median Price: $600,000 — a 10.1% increase.
County by County:
San Diego County: 4,174 sold, up 27%. Median: $645,000 — a 12.2% increase.
Los Angeles County: 7,961 sold, up 26% over 12 months. Median Price: $700,000 — a 11.4% increase.
Riverside County: 4,903 sold, up 40%. Median: $442,500 — a 11.2% increase.
San Bernardino County: 3,266 sold, up 35%. Median: $400,000 — a 12.7% increase.
Ventura County: 1,080 sold, up 40%. Median: $650,000 — a 14.2% increase.
Orange County: 3611 sold, up 17.7% Median: $795,000 — a 14.2% increase.