Quantcast

West LA Times

Wednesday, November 6, 2024

Los Angeles County experienced increase in median home valuation prices in February 2024 compared to February 2023

Re 12

In February, the median sale price of a home in Los Angeles County rose by $241,000 from the same period in the previous year, while total sales decreased by 91.3%, according to BlockShopper.com.

Data shows that there were 43 homes sold in February, with a median sale price of $1,055,000 - a 29.6% increase over the $814,000 median sale price for the same period of the previous year. There were 494 homes sold in Los Angeles County in February 2023.

For context, the median sales tax in Los Angeles County, based on the latest available data from 2022, was $5,297, which stands at 0.5% of February's median home sale price.

The following histogram displays changes in median sales prices in Los Angeles County from February 2023 to February 2024.

February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024$814,000$814,000$860,000$860,000$890,000$890,000$882,500$882,500$844,000$844,000$850,000$850,000$850,000$850,000$850,000$850,000$870,000$870,000$850,000$850,000$825,000$825,000$900,000$900,000$1,055,000$1,055,000

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS