Southern California’s home-price gains have slowed to a crawl as a three-year sales slump continues .

My trusty spreadsheet found skimpy appreciation across the six-county region in July, based on its review of real estate tracker Attom’s latest report on closed purchases of houses and condos. It’s a broad tally of existing and newly constructed residences.

Southern California’s $819,000 median sales price in July was 1% less than the $831,100 record set in June.

But the region’s 1% price gain since July 2024 is the fourth-smallest 12-month advance since May 2023, the last time prices were falling. It’s a stark contrast to the 6% annual average increases of the past 10 years.

Or look at stagnant values this way: The median price rose in only one of the six local counties, Los Angeles

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