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Thursday, October 31, 2024

Los Angeles County home prices fell in March 2023 compared to March 2022

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In March 2023, the median sale price of a home in Los Angeles County fell by $40,000 from the same period in the previous year, while total sales decreased by 61.6%, according to BlockShopper.com.

Data shows that there were 687 homes sold in March 2023, with a median sale price of $875,000 - a 4.4% decrease from the $915,000 median sale price for the same period of the previous year. There were 1,788 homes sold in Los Angeles County in March 2022.

The following histogram displays changes in median sales prices in Los Angeles County from March 2022 to March 2023.

March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023$915,000$915,000$950,000$950,000$780,000$780,000$862,500$862,500$860,000$860,000$845,000$845,000$850,000$850,000$835,000$835,000$826,500$826,500$810,000$810,000$780,000$780,000$814,000$814,000$875,000$875,000

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