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Southern California Sales Up, LA County Sales Down

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Falling prices and foreclosures help spur sales in all counties in Southern California, except Los Angeles County, reports the LA Times. Despite all those foreclosures in Palmdale and Lancaster (the county's leading foreclosure spots), "[LA County] posted an all-time July low of 6,592 sales, down 3.2% from a year ago. The median price, meanwhile, dropped 27% to $400,000." [LA Times]