L.A. County home sales fell 25 percent in July, the eighth straight month of declines, according to a survey by DataQuick Information Systems. The median price of all L.A. houses and condominiums closing escrow was $520,000, just a shade above the $517,000 in the previous month and up 6.6 percent from a year ago. DataQuick has San Diego's median price falling 1.8 percent to $487,000 last month from a year earlier. The numbers are slightly different than the ones reported earlier this week by HomeData Corp., but the directions and percentage changes are pretty consistent. Yet another set of July housing numbers, this one from the California Association of Realtors, is due out later this month.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Siri versus Hawaiian pidgin (video)Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
New at LA Observed
On the Politics Page
Go to Politics
Sign up for daily email from LA Observed