In this week's report, the number of homes sold in the Los Angeles market slid to 2,159 over the past 30 days, a decrease of 3.0% from last week's report, but still above the monthly average. Within the same time frame, Glendale had 98 sales, the most of all cities in the area. Prices are falling in Los Angeles, and this period the median price of all sales fell from $637,000 to $620,000. With only three months of inventory to sell, Los Angeles is a seller's market, in spite of the dip in sales.
from Tatiana Derovanessian Real Estate http://ift.tt/29dqAmU
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