If your waiting for real estate prices to bottom out you have waited too long. Below are the market statistics showing what has happened County by County in Southern California.

Sep-12	Median Sold Price of Existing Single-Family Homes							Sales
State/Region/County	12-Sep	12-Aug		11-Sep		MTM% Chg	YTY%  Chg	MTM% Chg	YTY% Chg
Los Angeles	$373,020	$344,770		$330,610		8.20%	12.80%	-16.60%	-7.90%
Orange County	$561,830	$567,710		$500,000		-1.00%	12.40%	-18.80%	1.80%
Riverside County	$228,900	$227,740		$199,890		0.50%	14.50%	-11.70%	-8.50%
San Bernardino	$150,090	$143,470		$130,820		4.60%	14.70%	-21.80%	-19.40%
San Diego	$404,880	$389,540		$364,180		3.90%	11.20%	-18.90%	7.30%
Ventura	$432,790	$437,880		$415,220		-1.20%	4.20%	-14.50%	6.90%
Sep-12	Unsold Inventory Index					Median Time on Market
State/Region/County	12-Sep	12-Aug		11-Sep		12-Sep	12-Aug		11-Sep
Los Angeles	3.7	3		5.5		42.8	44.6		57.1
Orange County	4.1	3.6		6.4		56.1	57.3		94.1
Riverside County	3.6	3.2		4.8		46.3	46.1		52.3
San Bernardino	4.1	3.4		4.8		43.7	40.4		45.1
San Diego	4.3	3.7		6.4		40	40.2		54.8
Ventura	4.3	4		6.2		55.4	56		72.8

Sales volume is down and prices are way up!  If you need assistance determining what is happening in you specific area or want advice on where to buy or the best time to sell call Grant at 949-354-4464.