LA County home prices jump 13% in last year, OC prices up nearly 30%

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LA County home prices jump 13% in last year, OC prices up nearly 30%
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The median home price in LA County is now more than $780,000. Statewide prices have reached record highs.

, the median price increased last month to $781,050, up from $773,490 in February and $689,440 a year ago — a year-to- year increase of 13.3%.was $1.305 million in March, up from $1.260 million in February and from $1.025 million in March 2021. The year-to-year increase in the OC was 27.3%.

In Los Angeles County, the median number of days an existing house was on the market was eight in March, down from 10 in February and even with the eight that was the median figure a year ago. Statewide, the median price of a home hit another record high of more than $849,000 in March, driven by a surge in the sale of higher-priced homes, the Realtors Association's data show.

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