Sunday December 17th 2017

Home Prices Higher in La Palma and Cypress

LA PALMA Calif. (FNP) – Home sales slowed this year compared to last, according to data released by Dataquick.

Only four La Palma homes sold in October 2011, down from seven homes sold a year earlier. That is a 43 percent decline. The good news is that home prices increased nearly three percent to $492.500.

When compared to the median home prices in Orange County, La Palma did well. The median home price in Orange County declined nearly 10 percent to $452.000.

Cypress home prices fell in October. The median price of a home slipped 23.9 percent to $375,000. There were 39 homes sold, up nearly 60 percent compared to October 2010.

City Zip Code Median $ Change Sales Change
All homes $405,000 -7.50% 2,241 -2.50%
Cypress 90630 $375,000 -23.90% 35 59.10%
La Palma 90623 $492,500 2.80% 4 -42.90%

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