• BREAKING NEWS ABC shows live and on-demand -- Download the WATCH ABC app!

Report: L.A. home sales on the rise

February 27, 2009 12:02:06 PM PST
A new report on L.A.'s housing market shows home sales are on the rise, while prices continue to fall. Home sales jumped 84.7 percent in the Los Angeles area in January compared to last year, but median home prices fell 35 percent over the same period.

The median price of a home in L.A. is now just over $305,000.

The study was conducted by the L.A.-based California Association of Realtors.


MORE L.A. BREAKING NEWS, WEATHER, TRAFFIC, SPORTS

USEFUL LINKS:
SEND TIP || REPORT TYPO || TWEET @abc7 ||  WIDGET


Load Comments