MARKET SUMMARY
There are currently 5,415 properties in Los Angeles, CA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 4,192.
In February, the number of properties that received a foreclosure filing in Los Angeles, CA was 5% lower than the previous month and 17% lower than the same time last year.
Home sales for January 2015 were down 16% compared with the previous month, and down 9% compared with a year ago. The median sales price of a non-distressed home was $590,000. The median sales price of a foreclosurehome was $340,000, or 42% lower than non-distressed home sales. READ MORE
In February, the number of properties that received a foreclosure filing in Los Angeles, CA was 5% lower than the previous month and 17% lower than the same time last year.
Home sales for January 2015 were down 16% compared with the previous month, and down 9% compared with a year ago. The median sales price of a non-distressed home was $590,000. The median sales price of a foreclosurehome was $340,000, or 42% lower than non-distressed home sales. READ MORE
http://www.realtytrac.com/statsandtrends/ca/los-angeles-county/los-angeles
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