From March to May 2023, the median sale price of single-family homes in the Los Angeles metro area saw a notable 7% decline compared to the same period last year, settling at $950,000 for this timeframe.

At the same time, the number of properties for sale in the Los Angeles Metro area increased significantly to 10,640 units in May 2023, marking a remarkable 20% rise from the previous year.

Learn more about the metrics in PropMix Market Insights.

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