| We analyze several housing market indicators in | | | | increase in median sales price from last year going |
| order to present an in-depth breakdown of Los | | | | up from $489,880 (March 09) to $633,876 (March |
| Angeles Real Estate Market comparing March | | | | 2010). Median days on market data for Los |
| 2009 to March 2010. | | | | Angeles show that houses are selling faster than |
| Summary of Key Points | | | | March 09. It took 78 days in March 09 for a |
| Los Angeles Real Estate has showed remarkable | | | | house to sell and for March 10 that number has |
| improvement with median sales price climbing up | | | | gone down to 62 days (a 21.15% improvement). |
| while at the same time houses are selling faster. | | | | Another important factor to consider is total |
| Number of units sold increased . | | | | number of units sold. In the month of March 09, |
| Key Statistics, Los Angeles, CA: Median Sales | | | | 551 units were sold compared to 594 for March |
| Price (29.39%), Median Days on Market (-21.15%), | | | | 10 (7.80% change). Lastly we are going to take a |
| and Number of Units Sold (7.80%), Sales Price to | | | | look at the Sales Price to List Price Ratio for Los |
| List Price Ratio (March 09 95% - March 10 95%) | | | | Angeles. SP/LP ratio for March 09 was 95% |
| Los Angeles Real Estate | | | | compared to 95% for March 10. |
| The city of Los Angeles experienced a 29.39% | | | | |