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Monday, November 18, 2024

Los Angeles County home prices fall in April 2023 compared to April 2022

Realestate3

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Adobe Stock

In April 2023, the median sale price of a home in Los Angeles County fell by $60,000 from the same period in the previous year, while total sales decreased by 84.2%, according to BlockShopper.com.

Data shows that there were 197 homes sold in April 2023, with a median sale price of $890,000 - a 6.3% decrease from the $950,000 median sale price for the same period of the previous year. There were 1,250 homes sold in Los Angeles County in April 2022.

The following histogram displays changes in median sales prices in Los Angeles County from April 2022 to April 2023.

April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023$950,000$950,000$780,000$780,000$862,500$862,500$860,000$860,000$845,000$845,000$850,000$850,000$835,000$835,000$826,500$826,500$810,000$810,000$780,000$780,000$814,000$814,000$875,000$875,000$890,000$890,000

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