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Elliman Report: Los Angeles Sales 4Q 2018

Housing prices in the Westside and Downtown markets pressed higher as sales slipped. All price trend indicators rose year over year for the second straight quarter. Median sales price increased 3.4% from the year-ago record to $1,500,000 but fell 1.6% below the prior quarter record of $1,525,000. This metric has reached a new record four times in the past eight quarters…

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Housing Notes by Jonathan Miller

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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