South Bay Leader

In January, the median sale price of a home in Los Angeles County rose by $120,000 from the same period in the previous year, while total sales decreased by 67.4%, according to BlockShopper.com.

Data shows that there were 104 homes sold in January, with a median sale price of $900,000 - a 15.4% increase over the $780,000 median sale price for the same period of the previous year. There were 319 homes sold in Los Angeles County in January 2023.

For context, the median sales tax in Los Angeles County, based on the latest available data from 2022, was $5,297, which stands at 0.6% of January's median home sale price.

The following histogram displays changes in median sales prices in Los Angeles County from January 2023 to January 2024.