In Southern California, last month’s median home price hit $655,000, leaping $25,000 from March levels and $110,000 from April of last year, CoreLogic figures released Tuesday, May 25, show.
That’s the second biggest one-year gain in records dating back to 1988, and it tied March 2013 for the second-biggest monthly gain.
The region’s median set record highs seven times in the past 12 months, CoreLogic figures show. April prices also hit record highs in five of six counties, with Los Angeles County at $750,000.
That is up 19% from a year ago.
