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Real Estate Trends

September 22, 2002

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Data for Southland consumer price index and for all charts include Los Angeles, Orange, Riverside, San Bernardino and Ventura counties. All CPI data are based on an index; 1982-84=100.

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*--* Month Latest Period Previous Period Year Ago Median Home Price, Resale (in thousands of dollars) Los Angeles County July $286.1 $280.7 $244.5 Orange County July 432.6 428.1 356.0 San Diego County July 376.3 368.7 308.7 Ventura County July 395.7 361.7 338.6 Riverside/San July 181.2 178.4 178.4 Bernardino Affordability Index (as percentage of households able to afford median price) Los Angeles County July 31% 31% 35% Orange County July 22 22 28 San Diego County July 20 20 24 Ventura County July 28 33 31 Riverside/San July 43 43 47 Bernardino Housing Permits (single-family) Los Angeles County July 846 668 687 Orange County July 562 380 391 San Diego County July 798 683 741 Ventura County July 151 260 326 Riverside/San July 2,969 2,899 2,266 Bernardino

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Sources: California Assn. of Realtors, Construction Industry Research Board

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