# Southern California Condo Market Slows | Real Estate News

Page: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/southern-california-condo-market-slows-real-estate-news
Text version: https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453/southern-california-condo-market-slows-real-estate-news.md
Podcast: [Real Estate News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/real-estate-news-today-2-min-news-the-daily-news-now-7843453)
Published: 2026-07-11T04:16:43+00:00
Episode link: https://sources.thednn.ai/18fa886f71cad994
Audio file: https://api.fastcast.ai/audio/03683b60-d04b-46a2-acb7-ec6edc63f798.mp3
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Duration seconds: 117

## Resource

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: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/18fa886f71cad994

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