Home prices starting to fall in parts of Southern California, data suggests

Housing prices in Southern California are showing some relief for prospective buyers. The median price of a single-family home in the state has decreased by 0.4% from September to October. Ventura County saw the biggest drop in prices, with homes selling for 6.6% less. Los Angeles and Orange counties also experienced significant price drops. However, Orange County remains one of the most expensive areas to buy a home. In contrast, prices in the Inland Empire, specifically San Bernardino and Riverside counties, have increased.