Real Estate Market Update for
90010 (Los Angeles, CA)
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was stable compared to one year earlier and up 40% from the previous month These latest figures mean that buyers had a greater selection of homes to choose from compared to the previous month. As you can see, the median listing price for the month... was just over 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 720-thousand dollars. Overall, The number of units sold was up year-over-year and increased month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.