Los Alamitos Real Estate Market Extends Downward Trend in Contracts

Sales dropped to seven homes sold in the Los Alamitos market over the last 30 days. Furthermore, an established downturn in the number of pending transactions continued, with one completed in the same period. As contracts trended lower, prices have also been falling. The median sales price dropped to $760,000, extending a four-week long spiral. There is only one month of inventory available in Los Alamitos, so it's still a solid seller's market, despite the falling contracts numbers and prices.

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Demographic facts for Los Alamitos:

  • The population has increased 1.3% over the past decade.
  • This area has a lifestyle rating of 78. (Scale: 1 = Worst, 100 = Best)
  • Residents who travel to work by car account for 84.4% of all commuters, while carpools account for 7.7%, and public transit makes up 1.2%.

Data reported through 1/11/2017

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