These are the the third quarter statistics for median single-family home prices in the Los Angeles area. 

Statistics One

Statistics Two

Looking at the home prices around the country, I can imagine some of you gasping in shock when you see our median home prices of  $849,500, and those prices having dropped a whopping 2.91% over the past year.

At the top, Malibu Beach's median price is $5,040,000 and Beverly Hills comes in a distant second at $3,100,000. A worthy mention goes to Pacific Palisades at $2,050,000.

South and East Los Angeles were the hardest hit.

So now you know why I am in disbelief when I see the pricing of the magnificent homes some of you are listing for less than the median price of our condo market.

The median price of our condos in the same areas is roughly $463,000, a drop of 11% over last year.

Jane Peters, connecting you to the L.A. real estate scene

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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5 Comments on Check out Los Angeles' Median Home Prices

NOV
07
2009
424,596 Points 40 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Shocking yes, but your prices have significantly fallen from a few short years ago!
5:51pm • #1
762,343 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Thank goodness, Melinda.
5:56pm • #2

Jane, Our median price is $235,000. You could by a subdivision here!
7:50pm • #3
471,280 Points 26 Featured Posts Localism Sponsor Called Shot Master

Ours are substantially lower Jane. The different markets across the country are interesting to see! Are these sold numbers or active?
11:32pm • #4
762,343 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

These are sold, Mary. The condos are double many of the huge houses we see listed around the country on AR.
11:36pm • #5


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Jane Peters - Los Angeles Real Estate DRE# 01439865

Los Angeles, CA

More about me…

Power Brokers Int'l

Address: Beverly Hills, CA, 90210

Office Phone: (310) 473-6919

Cell Phone: (310) 473-6919

Email Me

A Los Angeles Realtor® specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.

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