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Wednesday, November 27, 2024

Los Angeles County home prices rose in the second half of 2022

Realestate1

The median sale price of a home sold in the second half of 2022 in Los Angeles County rose by $44,500 while total sales decreased by 61.9%.

From July through December of 2022, there were 12,429 homes sold, with a median sale price of $842,500 - a 5.6% increase over the $798,000 median sale price for the same period of the previous year. There were 32,637 homes sold in Los Angeles County in the second half of 2021.

The following histogram displays changes in median sales prices in Los Angeles County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$798000$798000$901500$901500$842500$842500

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