The statistics below cover home sales in the Palms and Mar Vista areas of Los Angeles, are taken directly from the MLS and are for single family homes. They do not take into consideration condos, income property and private sales.
There were 10 sales in the month of January, against 21 in December '09. The highest price sold was $1,340,000 in Palms and the lowest $535,000 in Mar Vista. January is usually a slow month for home sales, thus the drop.
The median sales price was $787,988, an increase over $750,000 in December.
Average days was 70, an increase over 34 in December, again not an alarming figure due to typically slow sales in January.
Below is a breakdown of last month's housing activity in Palms and Mar Vista.
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I see this is not very explosive, but a fine report on Palms Mar Vista. Nice mix of homes
Claude, very funny :)