Saturday, August 28, 2010

Los Angeles Summary

The Los Angeles Ca Homes: Average price per square foot for Los Angeles CA was $280, an increase of 12.9% compared to the same period last year. The median sales price for homes in Los Angeles CA for May 10 to Jul 10 was $317,565 based on 4,848 home sales. Compared to the same period one year ago, the median home sales price increased 11.4%, or $32,565, and the number of home sales increased 1.6%. There are currently 7,214 resale and new homes in Los Angeles on Trulia, including 182 open houses, as well as 13,083 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Los Angeles CA was $1,059,706 for the week ending Aug 25, which represents a decrease of 1.4%, or $15,374, compared to the prior week. Popular neighborhoods in Los Angeles include Hollywood Hills and Bel Air, with average listing prices of $2,081,696 and $6,177,943. Contact me today for showings in the Los Angeles area.

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