The Southern California - Los Angeles County Area Market Report Nov-09
Source: SoCal MLS®

 

SoCal MLS® reports median single-family home price up 2.7% in Nov-09 over Oct-09, sales continue to fall to 3,789.

 

Nov-09 Quick Facts:

  • The median price of existing single-family homes increased to $385,000 up 2.7% vs Oct-09
  • Existing single-family home sales decreased -15.9% from Oct-09 for a Nov-09 total of 3,789
  • Condos decreased in price to $270,000 down -1.8% vs Oct-09
  • Existing condo sales decreased -18.9% in Nov-09 over Oct-09 for a total of 1,271
    Powered by Clarus MarketMetrics®

 

Single Family Median Home Price
Nov-08 vs Nov-09
Clarus MarketMetrics®
12/11/2009

Click to enlarge image

 

The Number of Sold Properties by Month
Nov-08 vs Nov-09
Clarus MarketMetrics®
12/11/2009

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Nov-09 SoCal MLS® Regional Sales and Price Activity

SoCal MLSMedian PricePercent Change in Price from Prior MonthPercent Change in Price from Prior YearTotal # UnitsPercent Change in Sales from Prior MonthPercent Change in Sales from Prior Year
 Nov-09Oct-09Nov-08Nov-09Oct-09Nov-08
MLS Wide      
SOCAL (Single Family)$385,0002.7%4.0%3,789-15.9%4.7%
SOCAL (Condo)$270,000-1.8%7.1%1,271-18.9%13.8%
       
       
SOCAL County      
Los Angeles (Single Family)$350,0000.0%-1.4%1,779-19.3%-5.0%
Los Angeles (Condo)$235,000-3.6%-4.1%519-16.3%17.9%
       
       
SOCAL - Los Angeles County Cities      
Single Family Only      
Arleta$245,000-3.9%-11.7%2215.8%4.8%
Bellflower$329,5004.6%-5.6%297.4%3.6%
Burbank$489,000-5.6%-8.9%20-54.5%-44.4%
Calabasas$744,500-14.4%8.7%14-6.7%75.0%
Canoga Park$397,50018.7%13.6%12-50.0%-36.8%
Canyon Areas$338,000-5.2%-18.1%15-31.8%-31.8%
Canyon Country$352,0000.6%2.9%34-15.0%-42.4%
Carson$315,00012.5%1.9%17-19.1%-19.1%
Cerritos$587,500-0.8%13.8%20-9.1%0.0%
Chatsworth$460,000-2.5%-7.5%20-23.1%25.0%
Compton$139,750-7.1%-26.5%540.0%260.0%
Downey$390,2500.1%-11.3%48-12.7%-11.1%
Encino$649,000-9.2%-0.2%21-8.7%5.0%
Granada Hills$415,0005.1%-3.5%3831.0%-20.8%
La Mirada$422,500-2.9%9.7%14-39.1%-33.3%
La Puente$230,000-10.7%-19.3%13-27.8%85.7%
Lakewood$390,000-1.3%-4.9%35-45.3%-22.2%
Lancaster$134,5008.5%3.5%34-22.7%-34.6%
Long Beach$420,0005.0%10.3%139-22.4%-0.7%
Los Angeles (City)$212,500-4.3%-19.8%136-17.1%46.2%
Lynwood$225,0006.1%-5.3%14-12.5%16.7%
Mission Hills San Fernando$350,00011.1%14.0%11-15.4%-31.3%
Newhall$415,62513.9%3.7%7-22.2%-30.0%
North Hills$367,500-3.9%-2.0%2750.0%17.4%
North Hollywood$333,0004.1%-4.9%31-24.4%3.3%
Northridge$531,25015.5%0.2%46-27.0%-6.1%
Norwalk$270,000-1.8%-6.6%40-45.2%-32.2%
Pacoima$226,250-3.7%-1.4%16-23.8%-36.0%
Palmdale$125,000-13.8%-36.3%37-9.8%-52.6%
Panorama City$282,50011.7%5.6%10-41.2%-64.3%
Paramount$218,50015.9%-16.0%1220.0%100.0%
Pico Rivera$285,000-1.7%-12.7%17-32.0%-5.6%
Pomona$175,0009.4%-12.5%11-52.2%-15.4%
Reseda$339,000-0.6%1.4%29-17.1%-30.9%
San Fernando$235,000-6.9%-7.8%157.1%-40.0%
Saugus$415,750-6.6%0.8%38-17.4%26.7%
Sherman Oaks$630,000-6.6%-17.1%21-25.0%-32.3%
South Gate$256,50010.3%-2.3%25-3.9%-3.9%
Stevenson Ranch$715,00013.0%26.6%5-37.5%-50.0%
Studio City$754,500-28.1%-10.1%1427.3%-30.0%
Sun Valley$306,25010.6%11.4%224.8%46.7%
Sylmar$295,0000.0%-9.2%35-43.5%-30.0%
Tarzana$660,000-17.0%-9.0%150.0%-21.1%
Valencia$450,0000.6%4.8%54-6.9%46.0%
Van Nuys$355,00016.4%-5.3%11-31.3%0.0%
Van Nuys - East$305,000-8.3%-16.4%13-7.1%8.3%
West Hills$480,0002.1%-9.4%27-28.9%-6.9%
Whittier$355,0006.0%-1.0%78-12.4%-2.5%
Winnetka$352,5006.5%6.8%287.7%3.7%
Woodland Hills$580,5007.0%11.5%29-48.2%-14.7%

Single Family = Single Family Res Detached, Single Family Res Attached, Single Family Res NA
Condo = Condo Attached, Condo Detached, Condo NA
Reports generated from Clarus MarketMetrics®

Contact your REALTOR® for additional local market trends in your neighborhood. Reports were generated from Clarus MarketMetrics®. Clarus MarketMetrics® is available on a monthly or annual subscription basis to SoCal MLS members. To register for an account, visit www.clarusresource.com/mm. It is also available as a member benefit to REALTORS® of the Burbank, Orange County and Southland Regional Association of REALTORS®. Visit your Association site for registration information.

SoCal MLS is the preferred provider of real estate information technology services. Visit www.socalmls.com for more information.

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