7,531 existing and new residences sold, up 41% from February but down 6% from 2021.
17% above the 10-year average buying pace for March.Since 1988, a typical March sees a one-month sales drop 3% of the time with an average 36.3% increase from February.
89,507 Los Angeles County purchases — 22% above the previous 12 months and 15% above the 10-year average.5,061 sold, down 4% in a year. Median of $900,000 — a 9% increase over 12 months.2,075 sales, down 9% over 12 months. Median of $690,000 — a 15% increase in a year.Builders sold 395 new homes, down 8% in a year. Median of $848,000 — a 5% increase over 12 months.
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