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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