The Los Angeles County market saw sales decline 0.5% this week but it is currently in the midst of an established upward sales trend, including 5,465 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, the median sales price climbed with it, trending upwards for eight weeks to reach $549,000. In spite of the decrease in sales, the lack of inventory signals that Los Angeles County is still a seller's market.
from Tatiana Derovanessian Real Estate http://ift.tt/1q7EaLE
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