Category: California Real Estate

L.A. County Home Sales Fall 21% in Turbulent 1st Half of 2020, Prices Grow 4%

L.A. County’s residential real estate market in the first half of 2020 was marked by COVID-19 and the county became one of the nation’s epicenters. We conducted a study of the market in 52 incorporated cities during this time and found that, as sales in L.A. County fell 21% compared to the same time period in 2019, median home sale prices rose 4% and sales fell from nearly 35,000 homes sold in the first half of 2019 to approximately 27,000 thus far in the current year.