Episode
Southern California Condo Market Slows | Real Estate News
- Published
- Jul 11, 2026
- Duration seconds
- 117
- Processing state
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- https://sources.thednn.ai/18fa886f71cad994
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Summary
Southern California’s condo market is in freefall, with sales down 25% year-over-year—the slowest pace in over 20 years. Despite a stubborn median price of $685K, growth has stalled at just 2% over four years, a far cry from the 47% surge before that. Underlying economic headwinds—job growth 92% below its 10-year average, stagnant wages, and rising inflation, especially gas prices—are squeezing buyers. Los Angeles leads the decline with 30% fewer sales, while Orange County’s sky-high prices mask a 27% drop. Even the Inland Empire is cooling. Prices haven’t crashed, but volume has plummeted, signaling a market in deep cooldown amid broader economic strain. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/18fa886f71cad994