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Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April.
In October, the average home price across the six-county region climbed to $860,773 — a 0.01% increase compared to September. However, prices were still down 1.4% compared to October 2024.
Economists and real estate agents say a variety of factors have slowed the market, including high mortgage rates, rising inventory and economic uncertainty stemming from tariffs. The same factors continued in October, but the uptick reflects a slight dip in inventory as more sellers choose to hang on to their homes.
Listings in L.A. County fell 2% month-

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