Real Estate

Sales of existing single-family homes in California totaled 256,160 in January, up 14.4 percent from December and nearly six percent higher than January 2023, according to data released last week. Statewide, the median home price during the first month of this year was $788,940, down 3.8 percent from December but …

Southern California’s median home price was $720,000 in December, a 5.1 percent year-over-year increase, according to data released this week. Those numbers include new and resold houses and resold condominiums in Riverside, San Bernardino, Los Angeles, Orange, San Diego and Ventura counties, CoreLogic in Irvine reported Feb. 13. All six counties recorded …

A 103,000-square-foot industrial building in Ontario has been sold for $8.8 million. The structure is located on 4.7-acres at 5505 E. Concours St. and is near Interstates 10, 15 and the 60 Freeway, according to a statement. The building has 3,100 square feet of office space and 62 parking spaces. Daum …

Housing affordability in California remained at a 16-year low during the fourth quarter of last year, the result of not enough homes being put up for sale and the high cost of a housing loan. Only 15 percent of the state’s households could afford a median-priced home – $833,170 – …

Twenty-one percent of California real estate owners and operators say they will redevelop office space during the next three years, a study has found. That work will be done in several categories, including multifamily, industrial and retail, according to the Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate …

A one-million-square-foot outdoor storage that covers two cities in San Bernardino County has been sold. The properties straddle 23 acres at 446 S. Yucca Ave, 1066 N Tippecanoe Ave, and 1938 W. 5th St in San Bernardino and Rialto, according to a statement. All three buildings are near Interstates 15 …