Average Home Prices in Los Angeles County
The average sales price of residential Real Estate has more than doubled in the last 10 years. This is great news for home owners as their wealth has increase considerably, by the mere act of owning a home. Comparing 2012 to 20022 home prices rose 121%.
The average home price on Sept 2012 was $534,803, on Sept 2017 it was up to $840,539, a 57% increas.
As of sept 2022, the average sales price in Los Angeles County was a whopping $1,179,940; that is 1.7% higher than September 2021 and a 40% increase from the same month five years ago.
Month over month we can see the market flattening out this month, there was a minute .153% increase in the average price from Aug 22 to Sept 2022.
As of [wpdts-date] – here is where we are!