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LA Times Today: A closer look at SoCal home prices

LA Times Today: A closer look at SoCal home prices

Watch L.A. Times Today at 7 p.m. on Spectrum News 1 on Channel 1 or live stream on the Spectrum News App. Palos Verdes Peninsula and Orange County viewers can watch on Cox Systems on channel 99.

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The national median listing price for homes in the United States hit a record high of nearly $450,000 in May — up 38 percent from 2019.

Here in California, prices are much higher. According to the California Association of Realtors, the median home cost is $885,000.

L.A. Times housing reporter Andrew Khouri joined us with more on the state of the market.

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