Real Estate Market Update for
90036 (Los Angeles, CA)
Video: Real Estate Community Tour for 90036 (Los Angeles, CA)
See Real estate community tour for 90036 (Los Angeles, CA)
Welcome to March's 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 from one year earlier, and did not change from the previous month. … indicating virtually no change in the local inventory levels. As you can see, the median listing price for the month was 1.35-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 400%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 510-thousand dollars. The number of units sold was consistent year-over-year, and increased 100% month-over-month. These latest figures could indicate that more buyers have been finding what they're looking for. 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.