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 0 Comments

Stage Set for a Strong Second Half of 2014?

In this article from Zacks, many of the factors affecting the housing market outlook for the remainder of the year are examined along with how some of the various public

Housing Market

The GOP Tax Plan Has The Real Estate Industry In Panic

Two powerful trade associations slammed the GOP’s tax plan on Thursday, saying the reduction of a key benefit for homeowners could hurt the market.

Housing Market

What a Nobel Winning Economist Thinks About The Housing Economy

When a Nobel-prize winner shrugs his shoulders, and says, “I don’t know … ” to a question directly related to his field, it gives you pause. Which is what economist,