Los Angeles County set a new home-price record as coronavirus slammed the economy.

DQNews reports for March in Los Angeles County:

• $640,000 countywide median selling price — up 6.8% over 12 months. The latest median breaks the record of $635,000 set in July 2019.

• 5,684 homes sold, existing and new — down 1.5% in a year. Los Angeles County’s latest sales count is 30% off the March average of 8,171 since 1988. Most of these deals were in process before the virus hit.

Here are five things you should know about key market niches in the Los Angeles market in March …

1. Existing single-family houses: 3,872 sold, down 2.1% in a year. Median of $680,000 — a 7.9% rise over 12 months.

2. Existing condos: 1,560 sales, up 1.6% over 12 months. Median of $540,000 — a 3.8% rise in a year.

3. Newly built: Builders sold 252 new homes, down 9.7% in a year. Median of $697,000 — a 10.6% rise over 12 months.

4. Builder share: 4.4% of sales vs. 4.8% a year earlier. Los Angeles County builders’ slice of the market ranks No. 5 among SoCal’s six counties.

5. Price rank: How Los Angeles County’s median compared to Southern California’s five other counties: No. 2 overall; No. 2 for single-family resales; No. 1 for condo resales; and No. 2 for new homes.

Elsewhere in Southern California:

Orange County: 2,795 sold, up 6.1% over 12 months. Median of $755,000 — a 4.9% increase.

Riverside County: 3,640 sales, up 8.5%. Median? $405,000 — a 5.2% increase.

San Bernardino County: 2,493 sold, up 4.7%. Median? $363,091 — a 8.4% increase.