Home Sales Increase 10th Consecutive Month

Home sales in Ventura County increased for the 10th month in a row in May, rising 33% over the same month last year.

A total of 1,005 houses and condominiums changed hands last month, according to escrows surveyed by Dataquick Information Systems. The total includes both new and existing homes.

Prices, however, continued to fall. The median price for homes sold in the county last month was $183,000, down nearly 10% from May, 1993.

Another reporting service. TRW REDI Property Data, said that in the first five months of this year, a total of 3,775 homes were sold in the county, up 18% from a year earlier. The median price through May this year was $226,280, down 2%.