L.A. Home Sales Take a Dive While Prices Hit a Six-Year High
Home prices in the city of Los Angeles rose 8.1 percent in April from a year earlier to $600,000, the highest median sale price recorded in at least six years.
Jeffery writes about the L.A. real estate market for Redfin Real Time and works with journalists covering real estate throughout Southern California. He previously worked as an editor and researcher for a leading real estate publishing firm. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our "Why Redfin?," page.
Email JefferyHome prices in the city of Los Angeles rose 8.1 percent in April from a year earlier to $600,000, the highest median sale price recorded in at least six years.
Year over year, L.A. home sales fell 3 percent, retreating from a two-year peak hit in March 2015.
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