Los Angeles Real Estate Prices Decline
Saturday, October 25, 2008
Los Angeles real estate median listing prices declined by $3,000 over the past week, to $395,000, according to Housing Tracker's weekly analysis of MLS listings.
Weekly Data
Weekly inventory and median asking prices for Single Family and Condo homes (together) are displayed in the trend box below. 25th and 75th percentile prices for the last ten weeks are shown in the table. For a longer history of trends see the averages data further down.
| Trend | 10/20/2008 | 1 month | 3 month | 6 month | 12 month |
| Median Price | $395,000 | -1.0% | -6.8% | -12.2% | -22.4% |
| Inventory | 39,903 | -1.6% | -8.4% | -6.0% | -15.4% |
| Date | Inventory (SFH + Condo) |
25th Percentile | 50th Percentile (Median) |
75th Percentile |
| 10/20/2008 | 39,903 | $268,800 | $395,000 | $639,000 |
| 10/13/2008 | 40,093 | $269,900 | $398,000 | $639,000 |
| 10/06/2008 | 40,137 | $271,500 | $399,000 | $640,000 |
| 09/29/2008 | 40,539 | $275,400 | $399,000 | $649,000 |
| 09/22/2008 | 40,565 | $279,000 | $399,000 | $645,000 |
| 09/15/2008 | 42,553 | $280,000 | $399,900 | $640,000 |
| 09/08/2008 | 41,803 | $284,900 | $399,999 | $640,000 |
| 09/01/2008 | 42,081 | $285,000 | $400,000 | $649,000 |
| 08/25/2008 | 42,131 | $289,900 | $409,000 | $649,000 |
| 08/18/2008 | 42,279 | $290,000 | $410,000 | $649,888 |
For more information on Los Angeles real estate visit EileenWalshRealtor.com or give us a call, 310-738-3807.
