In May, the median sale price of a home in Los Angeles County rose by $88,000 from the same period in the previous year, while total sales decreased by 77.8%, according to BlockShopper.com.
Data shows that there were 178 homes sold in May, with a median sale price of $970,500 – a 10% increase over the $882,500 median sale price for the same period of the previous year. There were 802 homes sold in Los Angeles County in May 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 May’s median home sale price.
The following histogram displays changes in median sales prices in Los Angeles County from May 2023 to May 2024.
