The Artesia market was active in this week's report, as the number of home sales shot up 100.0%, pushing the total to 10 homes sold over the last 30 days. In comparison, nearby Long Beach had 358 sales in the same time frame, the most of all neighboring cities. The median sales price has been increasing as it hit $530,000, extending an eight-week long spike. With just three months of inventory available and sales prices going up, Artesia is a seller's market.
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