Friday, April 15, 2011

Housing Trends L.A. has some good news

It is no surprise to me that housing numbers for L.A. are up for March over February, because February SUCKED: The MLS®/CLAW™ reports median single-family home price up 10.6% in Mar-11 over Feb-11, sales climb to 684.

Mar-11 Quick Facts:

* The median price of existing single-family homes increased to $536,250 up 10.6% vs Feb-11.
* Existing single-family home sales increased 44.0% from Feb-11 for a Mar-11 total of 684 sold units.
* Condos increased in price to $427,550 up 5.5% vs Feb-11.
* Existing condo sales increased 53.5% in Mar-11 over Feb-11 for a total of 390 sold units.

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