In February, the median sale price of a home in Los Angeles County rose by $241,000 from the same period in the previous year, while total sales decreased by 91.3%, according to BlockShopper.com.
Data shows that there were 43 homes sold in February, with a median sale price of $1,055,000 – a 29.6% increase over the $814,000 median sale price for the same period of the previous year. There were 494 homes sold in Los Angeles County in February 2023.
For context, the median sales tax in Los Angeles County, based on the latest available data from 2022, was $5,297, which stands at 0.5% of February’s median home sale price.
The following histogram displays changes in median sales prices in Los Angeles County from February 2023 to February 2024.
