The Palms - Mar Vista housing statistics below are taken from the MLS/CLAW and are for single family homes only. They do not include condos, income property, or private sales.
March was not a very good month for the Palms - Mar Vista area of Los Angeles in terms of homes sold. The number of homes sold was up significantly, but the median price as down and the median list price vs median sold price took a 410% drop. Days on the market of homes sold was significantly higher and the months supply of inventory is up 83%. The number of homes under contract is up 75%.
Let's hope this is a blip on the radar and that April and May will show a healthier market.
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Hi Jane ~ Very nice presentation and interesting stats for Mar Vista. I know in my market the month to month medians can vary rather dramatically so hopefully it will swing in the other direction next month.
Liz
Liz, it is rather a violent swing in the wrong direction. Hopefully it was just a quirky month.
Good morning Jane,
Hopefully it is just a quirky month for this area. Great colorful presentation..catches your eye!
Dorie, thank you.