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Selling Home in Los Angeles: An Upward Trend for April 2010

By
Services for Real Estate Pros with Motivated Real Estate Leads.com

Throughout Los Angeles, home sales were up for April of 2010. The perception that homes cannot be sold in this real estate market is proving to be false. With all types of homes being sold for great prices, it is still a great time for sellers to sell their home if they are considering it. Los Angeles realtors are very accessible and able to answer all questions you have regarding the home selling process. This article will discuss some of the areas in L.A. that are displaying an upward trend in selling homes for 2010.

Lancaster is one of the up and coming areas of Los Angeles that is selling homes left and right. In the 43535 zip code, over 140 homes were sold for a price 36.9% above what homes would have been sold in 2009. Lancaster is a quiet town, but is located near major highways in southern California. Single-family homes were sold for average prices between $120,000 and $180,000 in Lancaster in April of 2010.

Hawthorne is another area enjoying increasing success in selling homes in L.A. Some areas of Hawthorne sold homes at a rate 20% above what homes were sold for last year during this time. The numbers in Hawthorne are solid as well, with about 30 homes total being sold. Single-family homes were sold for an average of $377,000 last month in Hawthorne.

Long Beach is starting to rise in the L.A. real estate market again as well. In the 90803 zip code, Long Beach real estate was sold for 25% above what it sold for in April of 2009. Homes were sold for an average of $900,000. Even luxury real estate is starting to do very well in the L.A. real estate market.

Palmdale did exceedingly well last month as far as real estate is concerned. In zip code 93550, about 138 homes were sold in April of 2010. These single-family homes were sold for market prices which were 24% above prices from 2009. Homes sold for an average of $150,000 in Palmdale, making it a great community for families seeking affordable living.

Luxury real estate in Pasadena is doing exceedingly well. Million dollar homes were sold in Pasadena last month for an 85.95% increase in pricing than they were sold for last year. That is an incredible change from the markets in April of 2009. Homes were sold for prices between $1,200,000 to $1,500,000 in Pasadena. If you own luxury real estate and are considering selling, then be assured that with the right marketing your home can easily be sold.

Overall, the real estate market is displaying a nice upward trend in L.A. With a great realtor, selling your home can be an achievable task.

Comments (1)

Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

Shaun, our markets are recovering well in Palm Beach County as well. Sales of $1M+ properties have been very strong in April and May but still some really huge inventories in this market segment. 

Jun 20, 2010 11:25 PM