For the period of January through March 2023, the median price for the sale of single-family homes in the Los Angeles metro area settled at $915,000, exhibiting a decline of 5%.
Simultaneously, the inventory available for sale by the end of March 2023 experienced a 2% decline, summing up to 10,810 homes in the Los Angeles metro region when compared to March of the previous year.
Learn more about the metrics in PropMix Market Insights.