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House Prices in 12 of California’s Most Expensive Coastal Counties Fell in March from a Year Ago. Here are the Charts
In California, the median house price in March was essentially flat with March last year at $565,880, according to the California Association of Realtors. But among the most expensive 16 coastal counties – those with a median price for a single-family house above $500,000 – there were only four counties where house prices ticked up compared to March last year: Napa +3.6%, Santa Cruz +0.9%, San Luis Obispo +3.2%, and Ventura +0.2%. In the other 12 counties, prices fell year-over-year. This year’s widespread decline in expensive counties is the first such event since the end of Housing Bust 1. Despite “the ... (full story)