Home Prices Turn Up--Finally--in '97

L.A. Times Archives

Jan. 18, 1998 12 AM PT

From a Times Staff Writer

As we do each January in this space, we offer you this week one final look at Southland home prices and sales--by ZIP Code--for the last year.

And what a difference a year makes. Our year-end review has been grim for most of the 1990s, but we finally have a year to gaze on with a smile instead of a scowl.

Here are the highlights of 1997:

* Sales and prices were up in most neighborhoods--way up in the Southland’s high-end communities--and most housing markets are continuing to strengthen in 1998.

* Home prices have regained about a third of the value they lost earlier this decade, and 1998 might see us almost back to where we were before the fall.

* The number of homeowners selling at a loss dropped by 50%.

* The number of borrowers defaulting on their mortgages is down for the first time in the 1990s.

Here are the details, from Acxiom/DataQuick Information Systems of La Jolla, which provides The Times with real estate information:

Sales:

An estimated 241,000 new and resale houses and condos were sold in Los Angeles, Orange, Ventura, Riverside, San Bernardino and San Diego counties in 1997.

That was up 11.3% from 216,588 for 1996 and was the highest number sold since 266,824 in 1990.

Home sales ended their several-year slump and began climbing in mid-1995. They increased moderately in 1996 and early 1997 and picked up again significantly toward the end of last year.

Sales in December 1997 were about 20% higher than they were a year earlier, and the last four months of 1997 had the strongest sales pace of the decade, Acxiom/DataQuick reported.

Prices:

Though there is a lag time, a rise in sales counts eventually means price increases.

Southland prices stopped falling in early 1996, then dragged along bottom for most of that year and started going up in 1997. The increase was slow at first but picked up steam as the year went on.

Year-over-year price increases were about 7% for the last few months of 1997, and prices are rising. Last year’s median was $172,000, up from $161,000 for 1996.

About a third of the lost home value from the early part of the decade has been regained, according to Acxiom/DataQuick.

“If current trends stay in place, most of the home equity lost during the recession will be regained by the end of the year,” said Mike Ela, Acxiom/DataQuick’s president.

“Prices should be back at 1991 levels sometime in 1999,” Ela said.

Expensive neighborhoods experienced the market turnaround first, followed by move-up neighborhoods and then areas with mid-sized homes. Only during the last few months have the entry-level markets showed signs of turning around.

Of the following 621 Southland ZIP Codes that had five or more sales last year, 411 showed a rise in median price. A year before, that was about the number of ZIP Codes in decline.

Other highlights:

* Notices of default, the first step of the foreclosure process, totaled an estimated 86,500, down 20.7% from 109,122 for 1996. That’s the first decline of the decade.

* One of every six homes was sold at a loss in 1997. It was one of three in 1996.

* The monthly payment for a typical home purchase mortgage was $954 for 1997, up from $926 in 1996 but much lower than $1,348 for 1989.

So, you ask, how are things going in your neighborhood? Check out the ZIP-by-ZIP chart that follows.

But please remember that an increase or decrease in median from one year to the next can reflect a change in home values, but it can also reflect a shift in market mix.

For example, if large homes sell one year and small homes sell the next year, the decline in median probably doesn’t reflect a decline in home values.

In Malibu, for instance, the market came back with a surge of sales at the high end. As the sales activity migrated downward, lower-priced Malibu homes accounted for bigger portion of overall sales, tugging the median down.

The complete list follows:

(BEGIN TEXT OF INFOBOX / INFOGRAPHIC)

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Los Angeles County 1996 1997 1997 Community ZIP Median Median Sales Acton 93510 $215,000 $214,500 118 Agoura Hills 91301 $252,000 $267,500 601 Alhambra 91801 $163,000 $165,000 327 91803 $166,250 $166,000 229 Altadena 91001 $170,000 $179,045 532 Arcadia 91006 $260,000 $287,500 455 91007 $277,500 $296,500 359 Artesia 90701 $137,000 $139,000 160 Avalon 90704 $245,000 $220,000 16 Azusa 91702 $125,500 $121,000 487 Baldwin Park 91706 $117,750 $115,750 629 Bel Air 90077 $575,136 $670,000 246 Bell 90201 $132,000 $135,000 208 Bellflower 90706 $149,000 $144,909 582 Beverly Hills 90210 $780,000 $807,500 429 90211 $400,000 $453,500 114 90212 $496,000 $492,000 114 Boyle Heights 90033 $109,000 $97,500 50 Brentwood 90049 $520,000 $526,250 550 Burbank 91501 $212,500 $225,000 190 91502 $90,000 $109,250 34 91504 $189,000 $198,000 266 91505 $168,000 $175,000 359 91506 $180,000 $187,000 239 Calabasas 91302 $400,000 $473,000 598 Canoga Park 91303 $107,500 $109,000 225 91304 $164,250 $170,000 570 91306 $139,000 $140,000 598 91307 $169,000 $184,500 457 Carson 90745 $137,000 $141,300 579 90746 $160,000 $160,000 216 Castaic 91384 $168,000 $165,000 276 Cerritos 90703 $219,000 $223,750 663 Chatsworth 91311 $160,000 $169,500 548 City Terrace 90063 $103,000 $112,727 167 Claremont 91711 $185,000 $195,000 450 Commerce 90040 $130,000 $135,000 46 Compton 90220 $106,250 $104,000 400 90221 $112,000 $112,000 371 90222 $107,000 $96,500 288 Covina 91722 $142,000 $140,000 351 91723 $150,000 $153,000 156 91724 $168,750 $165,000 308 Crenshaw 90008 $179,000 $175,750 196 Culver City 90230 $156,500 $173,000 472 90232 $215,000 $242,000 119 Diamond Bar 91765 $180,000 $185,000 936 Downey 90240 $186,500 $178,500 325 90241 $178,000 $172,000 361 90242 $160,000 $157,500 374 Duarte 91010 $132,500 $134,250 352 Eagle Rock 90041 $160,000 $162,500 257 East Los Angeles 90022 $135,500 $131,000 184 90023 $102,000 $114,750 73 Echo Park 90026 $135,000 $139,500 242 El Monte 91731 $128,000 $129,000 137 91732 $130,000 $125,000 367 91733 $135,000 $130,000 169 El Segundo 90245 $249,500 $255,000 183 El Sereno 90032 $117,500 $115,500 311 Encino 91316 $134,000 $136,000 557 91436 $387,250 $420,000 285 Gardena 90247 $130,750 $133,000 289 90248 $145,000 $146,000 71 90249 $142,500 $147,000 292 Glendale 91201 $180,000 $205,000 220 91202 $219,000 $193,000 273 91203 $124,500 $120,000 108 91204 $107,250 $105,000 58 91205 $140,000 $139,750 168 91206 $185,500 $190,500 358 91207 $305,000 $314,250 169 91208 $292,500 $296,500 306 91214 $215,000 $225,000 484 Glendora 91740 $158,000 $157,000 284 91741 $210,000 $217,500 373 Hancock Park 90004 $210,500 $238,750 299 Harbor City 90710 $160,000 $175,000 185 Hawaiian Gardens 90716 $94,750 $80,000 109 Hawthorne 90250 $148,250 $144,500 606 Hermosa Beach 90254 $316,500 $345,000 315 Highland Park 90042 $113,250 $110,000 498 Hollywood 90028 $105,000 $145,500 44 90038 $115,000 $130,000 52 90068 $270,000 $320,000 480 Huntington Park 90255 $135,000 $127,500 320 Inglewood 90301 $125,000 $120,000 165 90302 $108,750 $112,000 223 90303 $145,000 $136,000 128 90304 $120,000 $119,500 87 90305 $153,000 $155,000 156 La Can~ada Flintridge 91011 $409,000 $446,750 408 La Habra Heights 90631 $293,000 $297,500 95 La Mirada 90638 $167,000 $177,000 793 La Puente 91744 $130,000 $125,750 717 91745 $189,000 $177,250 751 91746 $132,500 $135,000 215 91748 $228,000 $269,500 795 La Verne 91750 $191,500 $201,750 496 Ladera Heights 90056 $302,500 $335,000 125 Lake Hughes 93532 $100,000 $120,000 68 Lake View Terrace 91342 $125,000 $125,000 1,024 Lakewood 90712 $159,500 $162,000 433 90713 $163,545 $166,000 390 90715 $139,000 $146,000 182 Lancaster 93534 $70,000 $67,250 526 93535 $77,500 $74,981 1,277 93536 $106,000 $111,000 1,075 Lawndale 90260 $133,000 $135,500 225 Lincoln Heights 90031 $120,000 $117,750 130 Littlerock 93543 $80,000 $72,500 185 Llano 93544 $114,000 $109,000 19 Lomita 90717 $174,500 $190,000 185 Long Beach 90802 $79,000 $79,500 364 90803 $255,750 $269,500 531 90804 $96,500 $105,000 325 90805 $117,500 $115,000 844 90807 $158,000 $168,500 466 90808 $177,750 $180,000 572 90810 $115,000 $114,773 308 90813 $80,000 $77,000 222 90814 $160,000 $166,000 233 90815 $177,000 $180,000 542 L.A. (Central/Mid) 90005 $260,000 $195,000 102 90006 $120,000 $135,000 87 90010 $234,500 $250,000 19 90012 $116,250 $125,000 43 90015 $93,000 $95,000 41 90017 $119,750 $135,000 7 90019 $163,250 $181,000 258 90020 $96,000 $120,105 170 90021 $339,000 $120,000 6 90029 $131,500 $135,000 51 Los Feliz 90027 $294,000 $312,500 282 Lynwood 90262 $129,750 $125,000 396 Malibu 90265 $507,500 $489,250 383 Manhattan Beach 90266 $440,000 $482,000 736 Mar Vista 90066 $215,000 $250,000 443 Marina del Rey 90292 $250,000 $285,000 268 Maywood 90270 $132,000 $125,000 90 Mission Hills 91345 $134,000 $133,000 232 Monrovia 91016 $170,000 $164,500 407 Montebello 90640 $162,000 $161,500 322 Monterey Park 91754 $174,000 $177,000 227 91755 $168,000 $174,955 200 Montrose 91020 $169,500 $172,750 74 Mount Washington 90065 $143,500 $140,000 340 Newhall 91381 $215,250 $234,000 528 North Hollywood 91601 $130,000 $135,500 189 91602 $161,000 $198,705 256 91604 $245,000 $280,000 493 91605 $130,000 $130,000 427 91606 $125,000 $125,000 356 91607 $187,000 $185,000 301 Northridge 91324 $160,000 $164,000 331 91325 $163,000 $162,000 465 91326 $241,700 $255,000 590 Norwalk 90650 $135,000 $135,000 1,070 Pacific Palisades 90272 $550,000 $616,500 513 Pacoima 91331 $115,000 $110,000 864 Palmdale 93550 $80,000 $75,000 1,378 93551 $135,000 $134,000 956 93552 $97,000 $90,000 766 93591 $64,000 $58,500 175 Paramount 90723 $100,000 $91,000 433 Park La Brea 90036 $283,750 $280,000 211 Pasadena 91101 $125,000 $142,000 101 91103 $160,000 $153,750 273 91104 $185,500 $185,000 395 91105 $350,000 $361,000 232 91106 $185,000 $187,500 313 91107 $225,000 $235,000 479 Pearblossom 93553 $110,000 $118,000 23 Pico Rivera 90660 $139,500 $135,000 454 Playa del Rey 90293 $159,000 $181,000 215 Pomona 91766 $111,500 $113,500 749 91767 $108,000 $110,000 564 91768 $103,000 $105,000 384 Rancho Palos Verdes 90275 $401,500 $425,000 722 90277 $275,000 $295,000 631 90278 $235,000 $248,000 666 Reseda 91335 $124,500 $123,500 945 Rolling Hills, Palos Verdes 90274 $560,000 $570,000 546 Rosemead 91770 $151,500 $143,000 332 San Dimas 91773 $183,500 $185,000 551 San Fernando 91340 $116,000 $111,014 288 91343 $140,000 $142,000 683 91344 $162,000 $163,000 905 San Gabriel 91775 $228,000 $220,000 278 91776 $168,500 $174,000 278 San Marino 91108 $532,500 $558,500 244 San Pedro 90731 $147,500 $164,250 418 90732 $179,000 $184,000 392 Santa Clarita 91321 $139,000 $126,355 431 91351 $150,000 $159,500 904 91355 $180,000 $185,000 675 Santa Fe Springs 90670 $142,500 $142,477 136 Santa Monica 90401 $154,000 $280,000 23 90402 $679,000 $767,500 204 90403 $269,500 $295,000 289 90404 $165,973 $197,500 145 90405 $271,000 $306,500 369 Saugus 91350 $179,000 $186,000 785 Sierra Madre 91024 $265,000 $255,000 173 Signal Hill 90806 $125,000 $124,000 397 Silverlake 90039 $160,000 $169,000 307 South-Central L.A. 90001 $108,000 $99,250 221 90002 $94,500 $95,250 405 90003 $90,000 $95,000 368 90007 $135,000 $133,000 81 90011 $107,000 $98,500 362 90018 $125,000 $125,000 199 90037 $110,000 $111,750 192 90044 $103,000 $107,250 516 90047 $121,000 $122,500 449 90061 $100,000 $97,000 179 90062 $115,000 $116,500 204 South Gate 90280 $139,000 $134,250 553 South Pasadena 91030 $263,000 $298,000 226 Sun Valley 91352 $124,000 $117,000 386 Sunland 91040 $146,500 $145,000 329 Tarzana 91356 $176,500 $202,500 531 Temple City 91780 $186,500 $188,500 344 Topanga 90290 $330,500 $397,250 128 Torrance 90501 $178,750 $190,000 321 90502 $127,500 $134,000 257 90503 $251,750 $257,750 488 90504 $179,000 $185,000 332 90505 $270,000 $289,500 452 Tujunga 91042 $125,000 $134,000 373 Valencia 91354 $229,500 $237,500 727 Van Nuys 91401 $154,000 $160,000 382 91402 $104,500 $95,000 691 91403 $186,705 $193,000 514 91405 $125,000 $122,000 344 91406 $131,000 $129,950 526 91411 $128,000 $139,500 207 91416 $101,890 $90,100 11 91423 $206,000 $230,000 558 Venice 90291 $230,000 $265,000 311 Walnut 91789 $220,000 $221,000 642 West Adams 90016 $118,500 $114,450 266 West Covina 91790 $154,000 $157,500 412 91791 $163,000 $175,000 404 91792 $150,500 $148,000 368 91793 $218,000 $216,545 19 West Hollywood 90046 $245,000 $300,000 596 90048 $255,750 $312,000 239 90069 $160,477 $200,000 566 West Los Angeles 90025 $199,900 $235,000 421 90034 $190,000 $225,000 287 90035 $225,000 $238,500 287 90064 $285,500 $315,000 376 90067 $337,500 $317,500 135 Westchester 90045 $241,500 $260,000 526 Westlake 90057 $59,750 $85,500 39 Westlake Village 91361 $362,500 $360,000 248 91362 $238,500 $229,250 49 Westwood 90024 $317,000 $355,000 473 Whittier 90601 $162,000 $159,000 331 90602 $156,500 $149,500 162 90603 $174,000 $178,000 255 90604 $155,000 $154,250 374 90605 $145,000 $142,645 369 90606 $143,181 $141,500 291 Willowbrook 90059 $98,772 $105,000 356 Wilmington 90744 $128,000 $124,000 212 Windsor Hills 90043 $137,500 $135,455 432 Woodland Hills 91364 $251,500 $275,000 570 91367 $203,000 $210,000 716

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Orange County 1996 1997 1997 Community ZIP Median Median Sales Aliso Viejo 92656 $163,500 $183,500 1,324 Anaheim 92801 $140,000 $143,000 381 92802 $154,000 $157,500 248 92804 $152,500 $155,000 682 92805 $145,500 $140,000 430 92806 $173,000 $176,000 230 Anaheim Hills 92807 $210,000 $210,000 659 92808 $218,000 $230,000 618 Brea 92621 $211,500 $189,500 6 92821 $202,000 $202,000 407 92823 $219,250 $228,000 17 Buena Park 90620 $160,000 $160,000 549 90621 $140,000 $146,000 279 Capistrano Beach 92624 $222,000 $240,000 118 Corona del Mar 92625 $504,250 $580,000 308 Costa Mesa 92626 $202,000 $205,000 489 92627 $172,500 $189,000 482 Cypress 90630 $195,500 $195,000 609 Dana Point 92629 $235,000 $258,000 720 Foothill Ranch 92610 $199,000 $211,500 411 Fountain Valley 92708 $215,000 $225,000 726 Fullerton 92631 $265,000 $123,000 5 92632 NA $142,000 5 92633 $129,500 $154,000 5 92635 $392,500 $191,250 12 92831 $164,000 $195,000 313 92832 $151,750 $150,500 175 92833 $162,000 $162,500 529 92835 $233,750 $235,000 304 Garden Grove 92640 $90,000 $148,000 27 92641 $135,000 $146,000 11 92643 $99,000 $143,000 14 92645 $135,000 $199,000 7 92840 $150,000 $155,000 487 92841 $159,750 $164,000 269 92843 $139,000 $140,000 388 92844 $130,000 $134,500 230 92845 $184,000 $189,000 245 Huntington Beach 92646 $215,000 $220,000 805 92647 $202,000 $214,000 583 92648 $260,000 $290,000 763 92649 $215,000 $229,750 562 Irvine 92602 NA $278,000 44 92604 $201,000 $214,250 433 92606 $229,000 $247,000 424 92612 $255,000 $260,000 531 92614 $230,000 $202,000 419 92620 $243,500 $265,000 674 92714 $218,000 $306,000 60 92715 $280,000 $275,000 7 92720 $403,500 $279,000 14 La Habra 90631 $151,000 $151,500 588 La Mirada 90638 $175,000 $176,000 5 La Palma 90623 $220,000 $220,000 157 Laguna Beach 92651 $365,000 $414,000 518 Laguna Hills 92653 $159,500 $166,000 1,052 Laguna Niguel 92677 $230,000 $250,000 2,002 Lake Forest 92630 $183,500 $190,000 1,043 Los Alamitos 90720 $280,000 $288,750 231 Midway City 92655 $145,000 $150,000 61 Mission Viejo 92691 $190,000 $199,000 955 92692 $221,000 $226,500 1,398 Newport Beach 92657 $372,500 $476,750 184 92658 $437,500 $426,500 23 92660 $435,000 $461,000 683 92661 $477,500 $560,000 67 92662 $601,000 $710,000 25 92663 $290,000 $350,000 378 Orange 92666 $207,500 $204,500 7 92668 $130,000 $142,500 6 92669 $171,250 $225,000 15 92865 $180,000 $185,000 203 92866 $170,000 $195,750 218 92867 $195,500 $211,000 434 92868 $141,500 $146,000 153 92869 $207,750 $214,500 679 Placentia 92670 $249,000 $328,000 62 92870 $192,000 $201,500 720 Rancho Santa Margarita 92688 $160,000 $183,000 1,627 San Clemente 92672 $220,750 $220,000 709 92673 $272,000 $261,750 354 San Juan Capistrano 92675 $188,500 $246,500 793 Santa Ana 92701 $80,000 $87,173 402 92703 $117,750 $120,000 437 92704 $140,000 $140,000 690 92705 $253,500 $290,000 535 92706 $160,000 $161,500 323 92707 $129,000 $127,500 528 Seal Beach 90740 $285,000 $282,750 205 Silverado Canyon 92676 $161,000 $183,000 33 Stanton 90680 $109,318 $104,750 241 Sunset Beach 90742 $628,250 $373,000 5 Surfside 90743 $475,000 $345,000 11 Trabuco Canyon 92679 $273,000 $272,500 1,382 Tustin 92680 $206,000 $202,000 43 92780 $170,000 $174,000 606 92782 $205,500 $237,750 423 Villa Park 92667 $281,000 $436,000 28 92861 $409,000 $429,500 109 Westminster 92683 $165,000 $169,000 805 Yorba Linda 92686 $250,000 $214,500 11 92687 $259,500 $275,000 26 92886 $241,750 $241,000 673 92887 $291,500 $300,000 441

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San Diego County 1996 1997 1997 Community ZIP Median Median Sales Alpine 91901 $213,500 $200,000 278 Bay Park 92110 $140,000 $139,000 362 Bonita 91902 $230,000 $225,000 213 Bonsall 92003 $156,000 $140,250 98 Borrego Springs 92004 $104,500 $127,500 80 Boulevard 91905 $79,000 $110,000 14 Campo 91906 $113,000 $111,000 28 Cardiff 92007 $207,000 $232,750 212 Carlsbad 92008 $191,500 $210,000 663 92009 $242,500 $253,500 1,542 Chula Vista 91910 $178,000 $178,000 985 91911 $135,000 $138,000 461 91913 $159,000 $161,000 181 91914 $141,000 $143,000 79 91915 $190,000 $202,000 412 Clairemont 92117 $155,000 $160,000 540 College Grove 92115 $127,000 $130,000 589 Coronado 92118 $365,000 $390,000 380 Del Mar 92014 $400,000 $416,500 415 Descanso 91916 $130,000 $148,909 25 Downtown 92101 $170,000 $225,000 221 East San Diego 92102 $90,000 $92,500 212 92105 $93,000 $91,000 359 El Cajon 92019 $179,500 $170,000 624 92020 $156,250 $150,000 408 92021 $145,000 $155,000 532 Encanto 92114 $115,000 $113,000 495 Encinitas 92024 $233,500 $245,000 943 Escondido 92025 $152,000 $160,250 448 92026 $164,000 $155,000 678 92027 $125,000 $144,000 756 92029 $233,000 $265,000 340 Fallbrook 92028 $170,000 $175,000 600 Grantville 92120 $175,000 $171,500 363 Hillcrest 92103 $174,000 $187,000 417 Imperial Beach 91932 $128,454 $130,000 137 Jacumba 91934 $59,227 $48,000 7 Jamul 91935 $222,000 $265,000 110 Julian 92036 $140,500 $127,000 72 La Jolla 92037 $344,500 $379,500 960 La Mesa 91941 $155,000 $155,000 542 91942 $142,500 $143,000 220 Lake Hodges 92129 $200,000 $211,500 814 Lakeside 92040 $158,000 $164,000 437 Lemon Grove 91945 $130,000 $130,000 215 Linda Vista 92111 $150,000 $150,000 446 Logan Heights 92113 $77,250 $89,341 173 Mira Mesa 92126 $149,500 $158,000 987 Mission Valley 92108 $102,000 $104,750 277 Mission Village 92123 $149,000 $158,000 225 National City 91950 $110,250 $107,000 212 Normal Heights 92116 $130,000 $135,000 349 North City West 92130 $250,000 $315,000 1,210 North Park 92104 $110,500 $125,500 380 Ocean Beach 92107 $210,000 $210,000 284 Oceanside 92054 $126,750 $134,000 741 92056 $151,000 $160,000 1,077 92057 $136,000 $134,000 1,173 Pacific Beach 92109 $200,000 $209,750 603 Paradise Hills 92139 $125,000 $125,000 305 Pauma Valley 92061 $175,000 $221,000 28 Pine Valley 91962 $169,000 $163,000 30 Point Loma 92106 $270,000 $297,000 272 Poway 92064 $210,750 $227,500 750 Ramona 92065 $170,750 $170,000 521 Rancho Bernardo 92127 $179,000 $195,000 336 92128 $190,000 $193,000 1,407 Rancho Santa Fe 92067 $915,000 $966,500 268 San Carlos 92119 $162,500 $165,750 372 San Marcos 92069 $149,000 $159,500 919 San Ysidro 92173 $123,250 $120,000 85 Santee 92071 $145,750 $148,000 645 Scripps Ranch 92131 $229,500 $228,000 1,269 Solana Beach 92075 $285,000 $305,000 351 South San Diego 92154 $132,000 $134,000 352 Spring Valley 91977 $128,000 $129,000 646 91978 $150,000 $156,000 85 Tierrasanta 92124 $195,000 $196,500 372 University City 92121 $259,750 $257,000 192 92122 $204,450 $210,000 520 92192 $161,500 $160,500 26 Valley Center 92082 $200,000 $195,000 192 Vista 92083 $137,000 $144,500 767 92084 $150,000 $151,750 509 Warner Springs 92086 $50,000 $125,000 15

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Ventura County 1996 1997 1997 Community ZIP Median Median Sales Agoura Hills 91301 $205,000 $269,000 390 Camarillo 93010 $188,000 $203,000 808 93012 $211,750 $207,000 688 Canoga Park 91307 $579,500 $607,500 40 Fillmore 93015 $135,000 $145,500 105 Malibu 90265 $247,500 $230,000 13 Moorpark 93021 $220,000 $218,000 769 Oak View 93022 $168,500 $170,500 92 Ojai 93023 $190,000 $196,000 319 Oxnard 93030 $171,000 $166,000 898 93033 $135,000 $133,000 497 93035 $183,750 $202,000 475 Piru 93040 $149,500 $155,000 15 Port Hueneme 93041 $127,250 $122,000 337 Santa Paula 93060 $142,500 $144,000 231 Simi Valley 93063 $178,000 $176,000 881 93065 $177,000 $185,000 1,178 Somis 93066 $348,000 $375,000 24 Thousand Oaks 91320 $222,000 $235,000 830 91360 $210,000 $216,000 833 Ventura 93001 $144,000 $173,500 379 93003 $168,000 $172,000 632 93004 $187,500 $184,000 355 Westlake Village 91361 $308,000 $290,500 251 91362 $277,000 $291,272 1,011

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Riverside County 1996 1997 1997 Community ZIP Median Median Sales Banning 92220 $85,000 $88,000 494 Beaumont 92223 $76,250 $80,000 213 Blythe 92225 $70,000 $84,250 186 Cabazon 92230 $49,000 $54,190 11 Calimesa 92320 $112,000 $107,500 118 Cathedral City 92234 $85,000 $85,000 705 Coachella 92236 $79,000 $66,500 88 Colton 92324 $210,000 $155,000 9 Corona 91719 $151,000 $153,000 1,973 91720 $149,000 $154,000 1,402 Desert Hot Springs 92240 $61,509 $57,000 350 92241 $59,500 $59,000 17 Hemet 92543 $63,250 $61,000 361 92544 $92,500 $86,000 621 Homeland 92548 $105,000 $90,000 13 Idyllwild 92549 $125,000 $125,000 117 Indian Wells 92210 $332,500 $300,000 278 Indio 92201 $91,000 $99,000 618 92203 $76,000 $181,250 31 Lake Elsinore 92530 $98,000 $105,000 792 92532 $139,500 $149,000 125 92595 $130,000 $130,000 154 Lakeview 92253 $146,500 $149,000 1,044 Mecca 92254 $68,000 $66,750 35 Moreno Valley 92551 $93,000 $90,000 590 92587 $140,000 $143,250 378 Mountain Center 92561 $111,000 $112,500 22 Murrieta 92562 $149,000 $149,250 1,050 92563 $135,000 $136,500 374 Norco 91760 $159,000 $166,250 385 Nuevo 92567 $111,500 $104,500 81 Palm Desert 92211 $175,000 $165,000 1,256 92260 $128,000 $132,000 975 Palm Springs 92262 $92,000 $93,000 810 92264 $91,000 $92,250 586 Perris 92570 $85,000 $84,036 271 Rancho Mirage 92270 $195,000 $207,500 633 Riverside 91752 $116,000 $121,500 187 92501 $80,000 $77,000 232 92503 $101,750 $97,000 978 92504 $89,500 $90,000 533 92505 $105,000 $101,000 401 92506 $132,000 $135,000 810 92507 $94,000 $82,000 289 92508 $135,500 $137,000 414 92509 $106,000 $103,000 847 92553 $82,000 $81,000 1,131 92555 $125,000 $120,000 270 92557 $113,000 $108,500 955 San Jacinto 92536 $106,000 $109,000 21 92539 $111,500 $125,000 19 92545 $85,000 $86,000 363 92582 $94,000 $91,500 53 92583 $74,000 $77,000 323 Sun City 92571 $80,500 $80,000 633 92584 $113,500 $112,000 210 92585 $104,000 $89,000 139 92586 $75,000 $72,213 630 Temecula 92590 $175,000 $273,000 25 92591 $134,500 $144,000 537 92592 $144,000 $148,000 1,396 Thermal 92274 $90,455 $83,500 20 Thousand Palms 92276 $87,000 $70,036 60 Whitewater 92282 $52,000 $64,000 5 Winchester 92596 $147,000 $132,500 34

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San Bernardino County 1996 1997 1997 Community ZIP Median Medmian Sales Adelanto 92301 $83,750 $73,000 307 Alta Loma 91737 $176,000 $179,500 348 Angeles Oaks 92305 $90,000 $103,000 9 Apple Valley 92307 $90,000 $93,750 536 92308 $73,250 $75,000 634 Barstow 92311 $68,000 $65,177 294 Big Bear 92314 $85,000 $80,000 562 92315 $120,000 $120,000 313 92333 $105,000 $104,000 44 92386 $59,000 $56,250 189 Bloomington 92316 $81,250 $82,000 313 Cedarpines Park 92325 $87,000 $90,000 393 Chino 91709 $195,250 $205,000 1,735 91710 $137,000 $139,000 815 Colton 92324 $87,000 $85,000 698 Crest Park 92326 $68,500 $78,000 12 Crestline 92322 $58,250 $58,500 31 Fontana 92334 $124,500 $126,000 17 92335 $93,000 $92,000 1,254 92336 $106,000 $105,000 1,043 92337 $110,000 $109,000 841 Forest Falls 92339 $91,500 $95,000 26 Grand Terrace 92313 $115,500 $116,500 140 Green Valley Lake 92341 $83,000 $75,500 47 Helendale 92342 $90,000 $108,000 150 Hesperia 92345 $75,000 $75,000 1,256 Highland 92346 $117,500 $116,500 924 Hinkley 92347 $52,750 $59,000 12 Joshua Tree 92252 $45,000 $49,000 70 Lake Arrowhead 92317 $99,000 $119,500 9 92321 $50,000 $64,000 33 92352 $150,000 $156,000 597 Landers 92285 $32,750 $33,250 6 Loma Linda 92354 $128,750 $135,000 166 Lucerne Valley 92356 $52,250 $50,000 45 Lytle Creek 92358 $77,000 $85,000 20 Morongo Valley 92256 $48,500 $50,500 60 Needles 92363 $62,000 $63,250 41 Newberry Springs 92365 $75,000 $58,500 12 Ontario 91761 $127,000 $126,000 735 91762 $110,000 $105,100 556 91763 $112,000 $114,000 298 91764 $105,000 $101,000 476 Phelan 92371 $89,000 $85,500 156 Pinon Hills 92372 $98,500 $95,650 12 Rancho Cucamonga 91701 $155,250 $156,500 602 91730 $119,500 $122,000 740 91739 $189,000 $191,000 451 Redlands 92359 $100,500 $106,500 115 92373 $145,000 $137,000 488 92374 $110,000 $105,000 339 Rialto 92376 $89,000 $90,000 1,421 92377 $118,000 $111,000 238 Rimforest 92378 $57,591 $64,500 14 Running Springs 92382 $84,000 $87,500 152 San Bernardino 92401 $80,000 $49,863 13 92404 $75,000 $72,000 774 92405 $69,000 $69,000 893 92407 $85,000 $85,000 552 92408 $77,000 $70,000 97 92410 $65,500 $65,000 540 92411 $58,000 $55,000 268 Trona 93562 $54,000 $39,000 12 Twentynine Palms 92277 $50,955 $50,000 146 Upland 91784 $198,000 $212,250 462 91786 $127,250 $132,000 488 Victorville 92391 $80,500 $78,000 65 92392 $89,000 $83,250 1,311 92394 $80,250 $84,000 72 Wrightwood 92397 $107,000 $106,500 111 Yucaipa 92399 $113,250 $110,000 580 Yucca Valley 92284 $59,500 $60,000 392

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The Southland’s Most Expensive Communities

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Community ZIP Median Rancho Santa Fe 92067 $966,500 Beverly Hills 90210 $807,500 Santa Monica 90402 $767,500 Bel-Air 90077 $670,000 Pacific Palisades 90272 $616,500 Corona del Mar 92625 $580,000 Rolling Hills, Palos Verdes 90274 $570,000 San Marino 91108 $558,500 Brentwood 90049 $526,250 Malibu 90265 $489,250

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Source: Acxiom/DataQuick

Biggest Home Price Gains

West Hollywood: 27.9%

Villa Park: 26.2%

Montecito: 25.7%

Hollywood: 19.1%

Topanga: 18.0%

Calabasas: 17.5%

Bel-Air: 16.5%

Mar Vista: 16.3%

Venice: 15.2%