The Westside and Downtown Los Angeles
housing market continued to experience
record prices. Average sales price, average
price per square foot and median sales price
were at their highest levels since at least 2004
when this data series began. Median sales
price exceeded the $1 million threshold for the
first time, rising 17.6% to a record $1,035,000
from the prior year quarter. Average sales
price increased 14% to a record $1,581,607
over the same period…