Southern California home prices, sales rise in October

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Southern California’s housing market showed more signs of life in October, according to a report this morning by MDA DataQuick, a San Diego research firm.

The median price paid for all homes in six Southland counties in October was $280,000, up 1.8% from $275,000 in September but down 6.7% from $300,000 in October, 2008. MDA DataQuick said.

October home sales hit 22,132, up 2.8% from the 21,539 sold in September and also up 2.8% from the 21,532 sold in October, 2008.

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-- Alejandro Lazo

Photo: Ken Hively / Los Angeles Times