South Los Angeles Real Estate Market Sees Home Sales Numbers Rise

The number of home sales in the South Los Angeles market rose 7.7% to 126 homes over the last 30 days. In comparison, the Southeast Los Angeles neighborhood had 71 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices went up in South Los Angeles, with the median for this period rising from $410,000 to $412,500. With only three months of inventory and rising sales, South Los Angeles is a seller's market.

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Data reported through 10/12/2016

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