Archive for Sunday, April 20, 2008
HOUSING PRICES
Here are the Southern California communities with the greatest increases and greatest decreases in value comparing the first quarters of 2007 and 2008, based on at least 20 sales. The median sales prices are for existing, detached homes. Biggest gains C
Here are the Southern California communities with the greatest increases and greatest decreases in value comparing the first quarters of 2007 and 2008, based on at least 20 sales. The median sales prices are for existing, detached homes.
| Biggest gains | ||||
| Community | ZIP Code | Q1-2007 | Q1-2008 | % change |
| Newport Beach | 92663 | $1,649,000 | $2,750,000 | 66.8% |
| Indian Wells | 92210 | $ 970,000 | $1,352,500 | 39.4% |
| Newport Coast | 92657 | $2,048,750 | $2,610,000 | 27.4% |
| West Hollywood | 90069 | $1,690,000 | $2,121,000 | 25.5% |
| Santa Barbara | 93108 | $2,866,364 | $3,587,500 | 25.2% |
| Irvine | 92603 | $1,430,000 | $1,687,500 | 18.0% |
| Rancho Palos Verdes | 90275 | $995,000 | $1,170,000 | 17.6% |
| Palos Verdes Peninsula | 90274 | $1,425,000 | $1,659,500 | 16.5% |
| Brentwood | 90049 | $1,815,000 | $2,100,000 | 15.7% |
| San Diego | 92107 | $725,000 | $829,500 | 14.4% |
| Community | ZIP Code | Q1-2007 | Q1-2008 | % change |
| Hemet | 92543 | $250,000 | $130,000 | -48.0% |
| Twentynine Palms | 92277 | $150,000 | $85,000 | -43.3% |
| Moreno Valley | 92553 | $355,000 | $201,500 | -43.2% |
| Sun City | 92587 | $560,000 | $322,500 | -42.4% |
| Paramount | 90723 | $450,000 | $260,000 | -42.2% |
| Palmdale | 93550 | $325,000 | $190,000 | -41.5% |
| Moreno Valley | 92551 | $375,000 | $229,500 | -38.8% |
| Oxnard | 93033 | $520,000 | $320,000 | -38.5% |
| Lancaster | 93534 | $290,000 | $180,000 | -37.9% |
| Adelanto | 92301 | $283,000 | $176,000 | -37.8% |
– Diane Wedner
Source: DataQuick Information Systems
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