By no means are we statisticians! But this is an interesting look at some numbers over the past two years. We've assembled some graphs showing data gathered from the MLS for the City of LA from 2021 to 2022.
Average Sale Price, New Listings, Pending Sales, Closed Sales, and Homes for Sale.
The average sale price has remained consistent over the past few years while new listings and closed sales have steadily declined over the last few months. As of now, prices aren't dropping! Although inventory definitely is.
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