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Elliman Report: Los Angeles Sales 2Q 2021

Los Angeles housing metrics set records this quarter, fueled by low mortgage rates, robust economic conditions, and high vaccine adoption. All price trend indicators and the number of sales surged to reach record highs. The median sales price rose 14.8% year over year to a record $1,750,000. Average sales price followed the same pattern rising 6.3% to a record high of $2,973,943, and…

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