Los Angeles Real Estate Market Sees Sales Increase

The Los Angeles market was healthy this week as sales climbed 2.2% to hit 2,302 homes sold over the last 30 days. Within the same time frame, Glendale had 101 sales, the most of all cities in the area. There are four months of inventory remaining in Los Angeles, and the market is swinging toward the buyer, especially since the median sales price dropped to $610,000 this week.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Los Angeles:

$800K   $949K   $21.9M  

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

Demographic facts for Los Angeles:

  • The median age of all homes in the area is 47 years old.
  • The job growth rating in this area is 72. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $5,806. ($5,691 = national average)

Data reported through 10/12/2016

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