Los Angeles Housing Market Continues to Show Strength

Los Angeles Housing Market Continues to Show Strength

Housing prices in greater Los Angeles rose 4.8% from the prior quarter while sales improved by 6.5% with houses staying on the market an average of five days. The median price for a housing unit (houses and condos) was $938,000 during the second quarter. Total sales in the quarter was 2,865.

Read More

Previous Williams Breaks Ground on Sylmar Project
Next Cornerstone Communities Developing 317-Unit Project in Oceansid

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Housing Market

Residential Investment to Increase in 2015?

One of the most lucid commentators on housing market economics, Calculated Risk’s Bill McBride, see an increase in residential investment for 2014. As the charts in this blog post make

Housing Market

How a Return to Multigenerational Living is Shifting the Housing Market

Shifts in senior living, immigration, and affordability have brought extended families together under the same roof