Los Angeles Home Values Rise 0.8% in March as Inventory Increases 4.9%
The typical home value in the Los Angeles metro area has reached $962,935. This figure represents a 0.2% decrease from the same time last year, but prices climbed 0.8% in the month of March alone. These values are compared to a national average home price of $365,000. Los Angeles housing inventory has increased 4.9% year-over-year. Demand remains high despite higher mortgage rates.
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