Los Angeles, CA Market Update for September 2007

Here are the latest real estate market statistics for Los Angeles, CA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 37.3%*

Average	August 2007	September 2007	% Change
Asking Price	$601,071	$577,113	-4.0%
Sales Price	$586,022	$555,490	-5.2%
% of Asking Price	98%	96%	-2.0%
$/SQFT	$423	$422	-0.2%
Days on Market	65	69	6.2%
Total Transactions	142	101	-28.9%

Search for homes in Los Angeles, CA and read a neighborhood overview of the Los Angeles, CA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 10/9/2007: 7,503 properties on the market with 2,795 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.