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Tuesday, December 24, 2024

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

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In February 2023, the median sale price of a home in Los Angeles County fell by $103,500 from the same period in the previous year, while total sales increased by 80.3%, according to BlockShopper.com.

Data shows that there were 494 homes sold in February 2023, with a median sale price of $814,000 - an 11.3% decrease from the $917,500 median sale price for the same period of the previous year. There were 274 homes sold in Los Angeles County in February 2022.

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

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$917,500$917,500$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

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