L.A. Home Sales Take a Dive While Prices Hit a Six-Year High
Home prices in the city of Los Angeles rose 8.1 percent in April from a year earlier to $600,000, the highest median sale price recorded in at least six years.
Jeffery writes about the L.A. real estate market for Redfin Real Time and works with journalists covering real estate throughout Southern California. He previously worked as an editor and researcher for a leading real estate publishing firm.
Redfin is a full-service <a href="https://www.redfin.com/">real estate brokerage</a> that uses modern technology to make clients smarter and faster. For more information about working with a Redfin <a href="https://www.redfin.com/real-estate-agents">real estate agent</a> to buy or sell a home, visit our <a href="https://www.redfin.com/why-buy">"Why Redfin?,"</a> page.
Home prices in the city of Los Angeles rose 8.1 percent in April from a year earlier to $600,000, the highest median sale price recorded in at least six years.
Year over year, L.A. home sales fell 3 percent, retreating from a two-year peak hit in March 2015.

Redfin agents report low inventory has made it a great time to sell, but not if you also need to find a replacement home. Agents weigh-in on what makes the strongest offer strategy.
Sellers on the Westside are bullish this spring; competition is high on the Eastside.

Homebuyers and sellers can now work with Redfin agents in Santa Barbara and view all of the homes for sale on Redfin.com and from our iOS and Android apps.
New luxury listings spike as seller worries mount.
Home prices in the city of Los Angeles rose 8.1 percent in April from a year earlier to $600,000, the highest median sale price recorded in at least six years.
Year over year, L.A. home sales fell 3 percent, retreating from a two-year peak hit in March 2015.

Redfin agents report low inventory has made it a great time to sell, but not if you also need to find a replacement home. Agents weigh-in on what makes the strongest offer strategy.
Sellers on the Westside are bullish this spring; competition is high on the Eastside.

Homebuyers and sellers can now work with Redfin agents in Santa Barbara and view all of the homes for sale on Redfin.com and from our iOS and Android apps.
New luxury listings spike as seller worries mount.