West L.A. Single Family Home Sales June 2012 Total Sold Dollar Volume: $ 3,856,700 Average Selling Price: $ 550,957 Average List Price: $ 574,100 Avg Sales Price/Avg. List Price: 96.0% Median Price: $ 530,000 Average Days on Market: 78 Number of Listings Sold: 7 Sold Listings: 1. 2480 AMHERST AVE $ 424,700 2. 11712 TENNESSEE [...]
Buyers can take advantage of historically low interest rates and home prices seem to have stabilized. There is plenty of good inventory continually coming available and it is a buyers market. Are prices at the bottom? Close enough. The savings are there and I wouldn’t want to be one to miss out on the low mortgage interest rates.