Stats

Califonria July 2019 Sales & Price Report by C.A.R.

By Posted on 1 min read 183 views

The Federal Reserve’s interest rate cut last month helped lead to the first year-over-year sales gain and highest sales level in 15 months. July’s sales were up 5.6% from June and 1.1% from July 2018. According to C.A.R. President Jared Martin, “Mortgage rates that dipped to the lowest level in nearly three years has helped reduce monthly mortgage payments for the past five consecutive months, giving buyers more purchasing power.” While …

Q2 2019: Median Sales Price for Single Family Homes in Los Angeles

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The overall median sales price for single family homes in The MLS™/CLAW Areas (Pacific Coast Highway to Downtown Los Angeles) remained more or less the same in Q2-2019 versus Q2-2018, with less than a 1% decrease in price. Sales volume, on the other hand, decreased by 10%, while the total number of listings sold decreased by 2.5%. Our market climate map shows that we had 22 areas of growth, 28 areas …

Q1-2019 Market Climate Map: Median Sales Price for Single Family Homes

By Posted on 1 min read 1847 views

While the overall median sales price for single family homes in The MLS™/CLAW Areas (Pacific Coast Highway to Downtown Los Angeles) remained the same in Q1-2019 versus Q1-2018, our market climate map shows that we had 22 areas of growth, 23 areas of decline and 4 areas of no change. Here are the top 5 performing areas from Q1-2019: Top 5 Median Sales Price Growth Mount Washington (MSP +$329K, 37% Increase)Malibu …

Q2-2018 Market Climate Map: Sales Volume for Condos & Co-Op

By Posted on 2 min read 479 views

Our Q2-2018 Market Climate Map: Sales Volume for Condos & Co-Op is here! Here are the 5 highest areas of growth this time around: 1. Cypress Park (7 listings sold, 660% increase) This area grew from $715k in sales volume in Q2-2017 to $5.4 million in Q2-2018. Cypress Park is nestled snugly between the Los Angeles River on the west and hills to the northeast and south. The numbers in Cypress …