Los Angeles Metro Area Real Estate Market Continues Downward Trend in Home Prices

The Los Angeles Metro Area market showed gains this week as sales reached 8,834 homes sold over the last 30 days. At the same time, Los Angeles County, which is part of the Los Angeles Metro Area, had the most home sales within the area, with 6,248. The median sales price of homes sold came in at $575,000, which extended a downward swing in price to four weeks. With only three months of inventory and rising sales, the Los Angeles Metro Area is a seller's market.

Trying to find a home at a bargain price? Take a look at these affordable homes in the Los Angeles Metro Area:

$119K   $124K   $124K  

Get started right now by checking out Los Angeles Metro Area homes for sale or reviewing Los Angeles Metro Area real estate trends.

Demographic facts for the Los Angeles Metro Area:

  • The rating for this area for population growth is 65. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 265.7 per 100,000 people.
  • The health cost index score in this area is 109.4. (100 = national average)
  • The breakdown of residents commuting to work is 73.1% by car, 11.4% by carpool, and 6.3% by public transit.

Data reported through 10/12/2016


Ask a local expert about this area:
Pinnacle Estate Properties Inc., Calabasas, CA
Snapped 170 homes in this area
Calfornia Homes Network
Snapped 725 homes in this area

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