Los Angeles Home Values
The eppraisal index for Los Angeles, California, which tracks the
median sale price of homes in the area,
states that the median sales price
for single family residences in October 2008 has
increased by 0% to
$377,000 from September
2008.
Los Angeles, CA
Los Angeles (IPA: /l`E^sAÝndE'TlTs/) is the largest city in the state of California and the second largest in the United States.[1] Often abbreviated as L.A. it is rated an alpha world city having an estimated population of 3.8Aÿmillion[2] and spanning over 469.1Aÿsquare miles (1 215.0AÿkmAý) in Southern California. Additionally the Los Angeles metropolitan area is home to nearly 12.9 million[3] people who hail from all over the globe and speak 224 different languages. Los Angeles is the seat...
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In a year-over-year comparison of median sales price fluctuations of single-family homes, the Los Angeles-Long Beach-Glendale, CA metro area ranks 14 out of 25 metro areas in California based on decrease of 6.9 % in home values. When compared at a national level, the Los Angeles-Long Beach-Glendale, CA metro area ranks 113 out of 155.
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The index trending graph reveals the change in the median sales price
during the past 12 months for Los Angeles, California. This graph shows that
in the past 12 months, the median sales price of homes has
decreased overall by $163,000.
The sales price graph displays how real estate sales prices are distributed
in Los Angeles, California.
For example, the highest percentage of homes sold in October 2008
sold for
below
,
of all sales. If you are looking to
purchase a house in a specific price range, this graph can help you determine
what percentage of homes in Los Angeles, California may fall within this range. It
can also be useful if you are a seller and are trying to figure out what price
range most homes are sold for. It can give an indication if the market is receptive to
purchases in the range your home value falls in.
Recent Sales in Los Angeles, California
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This site uses data obtained from numerous public sources. Some areas of the country provide us with different levels of information. It is presented on an 'as is, as available' basis. This site makes no warranties, expressed or implied without limitation, to the information provided, nor is responsible for any errors or omissions. This valuation is NOT an appraisal. User acknowledges that this product is a technology report, a product of an automated valuation technology analysis. This information is compiled from public documents and is not guaranteed. No human interaction or inspection goes into the final results and analysis.