The Median Sold Price by month is up by 6% in Westchester. These are interesting statistics. The facts are, that in November 2013 the Median Sold price in the 90045 zip code was $770,000 and now in November 2014 the Median Sold Price is $820,000.

This is an upward tick of $50,000! Clearly other factors should be looked at as well. For example the Days on Market as well as the volume of sales to name a few will have an influence on these statistics. Generally the combination of these and many other factors such as consumer confidence and interest rates as well as what world events as they are occurring will always have an influence in the positive or the negative. The bottom line is they all have an influence on these numbers.

This is one of the reason you should take advantage of the services of a knowledgeable Realtor, who can navigate you through all the numbers in order that you could make an informed decision whether you are buying or selling your home.

If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 or homes@endrebarath.com or visit one of my websites  at  http://www.endrebarath.com. I am a pet friendly realtor and I contribute a portion of my commissions to local animal rescue organizations