Market Video

LA County mkt update

Los Angeles County, July’s market update:

Active Listings (inventory) down 8% from last year, and unchanged from the previous month.

Median asking price for the month:  $599,900

Average days on the market up 4% from 28 days in June 2017, to 29 days in June 2018.

Median SALES price:  $585,000

Number of units sold: down 12% from a year ago and up 4% from the previous month.

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Los Angeles County, officially the County of Los Angeles, is the most populous county in the United States, with more than 10 million inhabitants as of 2017. Its population is larger than that of 41 individual U.S. states. It has 88 incorporated cities and many unincorporated areas and at, it is larger than the combined areas of the U.S states of Delaware and Rhode Island.