The Los Angeles County Housing Market is not showing a definite trend. We look forward to February's figures for a clearer picture.
The sale of Single Family Homes in January 2010 remains pretty much the same is the previous January, but dropped approximately 36% from December 2009.
The median price in January 2010 increased 9% over the previous January, but decreased 6% over December '09. However the median price is up 1.5% over '09 total
Condo Sales in January 2010 increased 22% over the previous January, but decreased 34% over December '09.
The median price decreased 3% over the previous January and 5% over December '09. The median price is down 7% over '09 prices total.
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Buying or selling real estate in Los Angeles can be an overwhelming process. Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.
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Jane, we are living in interesting tmes but lately, our market is similar to yours: not so clear cut.
Jane - lots of mixed signals all around - we're in for Mr. Toad's Wild Ride.
Jane I hope going forward you see more positive trends in the LA market.
Maria, February and March should be good indicators.
Rick, I hope not.
Bill, thanks, and in the rest of the country.
Interesting information but if I squint more I'll get a permanent wrinkle. :)
Leolinda. want me to send you a magnifying glass? :)