SCVNews com | SCV Median Home Prices Jump 24% Despite Rise in Inventory scvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scvnews.com Daily Mail and Mail on Sunday newspapers.
San Fernando Valley median home price hits record high $945,000
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LOS ANGELES - The price of a home in the San Fernando Valley hit a record high last month with a median of $945,000, up 26% from the same time a year ago, the Southland Regional Association of Realtors said Monday.
The month s sales surpassed the previous record set in April, when the median sale price was $935,000, and it was only the third time on record that the median price of a single-family home in the San Fernando Valley reached over $900,000.
The median price for San Fernando Valley condominiums in May was $530,000, up 18.4% from the same month last year but down 1.9% from April, when the median price reached $540,000.
San Fernando Valley Median Home Price Hits Record High $945,000 iheart.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iheart.com Daily Mail and Mail on Sunday newspapers.
A total of 277 single-family homes changed owners during April in the Santa Clarita Valley as the tight inventory rose to its highest level in five months, though remained well below year-ago totals, the Southland Regional Association of Realtors reported Thursday.
The 277 sales were 66.9% higher than a year ago as the local, state, and national residential real estate markets struggled with the full impact of pandemic-related stay-at-home orders and business shutdowns.
Realtors also assisted the close of escrow of 96 condominiums, an increase of 54.8% from a year ago, though down 13.5% from this March.
“Demand for housing remains high throughout Santa Clarita with many homeowners realizing that selling now would attract highly favorable offers and a quick sale,” said Nicole Stinson, chair of the Santa Clarita Valley Division Council of the Southland Regional Association of Realtors. “Today’s low-interest rates on home loans can offset some of the impact of rising prices f
A team off loads diesel fuel from an overturned rig hauling paper goods on the on ramp of the northbound 5 freeway from the 126. Dan Watson/The Signal.
Uploaded: , Thursday, Apr 22, 2021
By Kev Kurdoghlian
A 75,000-pound semi-truck carrying paper products overturned, causing closure of the outer most lane of northbound Interstate 5 at State Route 126 Thursday morning, according to California Highway Patrol Officer Peter Nicholson.
CHP issued a SIG Alert after receiving a call about the overturned tractor trailer truck on the right shoulder at 7:20 a.m. Injuries were not reported in the incident, which closed SR-126’s westbound and eastbound onramps to the northbound I-5.