The Westside and Downtown Los Angeles
housing market continued to see rising prices,
higher sales and more inventory. Median
sales price increased 5.3% to $1,000,000
from the year ago quarter. This was the third
consecutive quarter this metric was at or
above the $1 million threshold and it’s 17th
consecutive quarter with a year over year
increase. Average sales price increased 7.1%
to $1,506,388 and price per square foot
showed a similar rising trend from the prior
year period…