Home prices in California rose in May, with Los Angeles County's median at $838,350 and Orange County's at $1.492 million. Statewide, the median price hit a record $930,260. Sales were mixed: Orange County sales rose 2.7% year-over-year but dipped slightly from April, while Los Angeles sales were flat monthly and down 1.5% annually. Higher-priced home sales increased over 8%, amid constrained supply and ongoing market competition.
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