Hi Everyone, Here is a market update comparing recent activity versus a year ago in Los Angeles. Each...

Hi Everyone,

Here is a market update comparing recent activity versus a year ago in Los Angeles. Each neighborhood and area is different. If you want specifics on your exact neighborhood send me a message and I will send that over to you asap!

1286 fewer homes on the market from a year ago.

February 2015 vs February 2016
4,216 vs 4,345 Closed Sales
5,762 vs 4,724 Pending
25 vs 34 Median days on the market
$485,000 vs $523,000 Median sales price

Values have increased 7.8% in Los Angeles from a year ago!!!!

$320 vs $343 Median price per sq ft

8,262 vs 8,402 New Listings
99.1% vs 99.4% Percent of last list price to sales price
(That means half of the homes sold over the asking price and half sold under the asking price