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— January 26, 2018 —

4th Quarter Update

54 homes or over $149 million of single family home volume sold in Q4 2017, marking on of the strongest 4th quarters ever!

-29 were over $2 million.  Median prices were $3.2 million, +9% vs Q4 2016.

-24 were under $2 million. Median price per square foot was $1.6 million, +6.6%

The biggest price gains were in Windsor Square over Hancock Park, Fremont Place, Larchmont Village and Brookside.  The highest sale was at 356 South Hudson for just over $12.4 million. The median price per square foot is $897.

Inventory is low and demand is still strong especially under $4.2 million.  Duplexes are in very high demand as well.  Strategic pricing is still critical. Buyers are out there but VERY discerning!

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