Home Sales Fall in City Center Real Estate Market

Home sales in the City Center market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 22.2% to seven homes sold over the last 30 days. On the other hand, the close-by Glenwood neighborhood registered nine homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price rose to $535,000 over the latest reporting period for City Center, up from $498,800. In spite of the decrease in sales, a low three months of inventory signals that City Center is a seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in City Center:

$498K   $449K   $445K  

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

Demographic facts for City Center:

  • The median value of all homes is $350,351.
  • The area gets 36 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 10.1%.
  • The students per teacher ratio in this area is 19.2:1. (15.3:1 = national average)

Data reported through 10/19/2016


Ask a local expert about this area:
Rodeo Realty - Beverly Hills
Snapped 2 homes in this area
Keller Williams
Snapped 1 home in this area

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