The Los Angeles County market hit a new high with a record high 6,398 homes sold in the last 30 days. Sales climbed 7.9% from the prior period, returning to a peak not reached since last July. During the same time frame, Riverside County had the most sales of any other neighboring county with 3,297. The median sales price dropped to $550,000 over the latest reporting period for Los Angeles County, down from $560,000. The rising sales and a low three months of inventory mean that Los Angeles County is a seller's market.
from Tatiana Derovanessian Real Estate http://ift.tt/29yZ0io
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