Ever wonder why?
Did you know, about 75% of the properties sold in the 6 county Southern California area sold under $700,000?
The single largest percentage of properties sold in Southern California are priced between $300,000 and $400,000 representing nearly 20% of all sales.
$0 – $299K : 18%
$300K – 399K: 20%
$400K – 499K: 15%
$500K – $599K: 12%
$600K – $699K: 9%
$700K – 799K: 6%
$800K – $899K: 4%
$900 plus : 16%
The majority of homes sold above $900K are in the $1 to $2 million price segment.
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