Los angeles housing market comparison report march 2009 vs Poorbest financewritten in shay p.
Sunday, 12 might probably 2010 We analyze several housing market indicators in 2605 Bags order to present an in depth breakdown of los angeles housing market comparing march 2009 to march 2010.
Los angeles real estate has showed remarkable improvement with median sales price climbing up yet still time houses are selling faster. Important statistics, la, florida: Average sales price(29.39%), Average Days on Market(21.15%), And connected with Units Sold(7.80%), Sales Price to give out Price Ratio(March 09 95% march 10 95%)The city of san francisco experienced a 29.39% rise in median sales price from last year going up from $489, 880(March 09)Towards $633, 876(March 2010).
Median days on market data for are usually show that houses are selling faster than march 09.
It took 78 days in march 09 for a house to sell and for march 10 that number has been down to 62 days(The actual 21.15% recovery).
Another critical factor to consider is total number of units sold.
Around the month of march 09, 551 units were sold instead of 594 for march 10(7.80% flip).
Lastly we can take a look at the sales price to list price ratio for los angeles.
Sp/lp ratio for march 09 was 95% within 95% for march 10.
Let us take a brief look at neighbors beverly hills and santa monica.
Beverly hills industry featured a 34.05% embrace median sales price($3, 207, 308 March 09 $4, 299, 461 March 10)And santa monica property saw an 18.06% scale back($1, 630, 000 March 09 $1, 335,567 March 10).
Are houses in beverly hills and santa monica dumping faster or slower this year?