Foreclosure sales are dominating the Southern California market which in turn is forcing house and condominium prices down by as much as 23 percent. MDA DataQuick revealed the median price dropped from $348,000 to $268,000 a year ago.
For the regions of Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties the number of homes sold increased almost 19 percent in the last 12 months to 24,104.



