10/29/2024
๐ LA Market Update: September 2024 ๐ก
LAโs housing market shows mixed trends. Last month, 47% of homes sold below asking, while 40% went over. ๐๐ Buyers can find deals, but some properties still see fierce competition.
The median home price climbed to $1,012,476 (+4.9% from last year), averaging $640/sqft. Good news for sellers looking to maximize profits! ๐ธ
Most home types saw price hikes, but 5+ bedroom homes dipped a bit, offering value for buyers.
๐ Ready to buy or sell? Weโre here with fast, flexible hard money loans. DM us to get started! ๐ฒ