MyMarketPulse (mymarketpulse.com) has unveiled its analysis for February 2024, focusing on the property market trends in Los Angeles County, California.
According to the latest data, Los Angeles County’s Median Sale Price was pegged at $940,500, showing an increase of 5.70% from the preceding month and a rise of 10.60% from the year before.
The area witnessed the sale of 2,305 homes during this period, which is a 8.60% increase from the preceding month and an increase of 8.00% compared to the same timeframe last year.
Furthermore, homes in Los Angeles County were on the market for an average of 40 days before selling, reflecting a decrease of 8 days days month-over-month and a decrease of 16 days day year-over-year.
With a Market Pulse Score of 92, the analysis suggests a falling trend in Los Angeles County’s housing market momentum.
For more information about the Los Angeles County, California market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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