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State O' the Market

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The June DataQuick numbers are in and LA County home prices were up 2.2 percent over last June, while in the six-county region around LA, "last month's median home price was the highest since June 2010, at $300,000. The regional median was up 1.7 percent from May and 5.3 percent from June 2011." DQ says that's because of the type of house that's selling: "Fewer of the homes selling now are foreclosures, while more are nice houses in mid- to higher-end neighborhoods." No one says the words, but bidding wars definitely loom large in all this. [LADN]