Buying A Home In Los Angeles 2017 Apr 2026

Supply was severely constrained, with the "unsold inventory" index dropping to 2.5 months—the lowest level since 2004. This lack of options pushed prices up while subduing overall sales, which fell 7.3% year-over-year.

Average 30-year fixed-rate mortgages hovered around 4.14% throughout 2017. Regional Pricing Highlights (Q3 2017) County Median: $555,000. buying a home in los angeles 2017

Buying a home in Los Angeles in 2017 was defined by steady price growth and a notable shortage of available inventory. By the end of 2017, the median house price in Los Angeles County climbed to , a significant 10.6% increase from the previous year. 2017 Market Conditions Supply was severely constrained, with the "unsold inventory"

Residential appreciation for the year was approximately 10.56%. 2017 Market Conditions Residential appreciation for the year

Beverly Hills led the market with a median sale price that spiked to nearly $6 million in early 2017.

Lancaster remained the most affordable city in the county, with a median price per square foot of roughly $135. Median Home Sales Prices Southern California

Reached an average of $389 across the county.