| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Mid City | $397,500 | -19.5% | $394,000 | $493,922 | $599,500 | Los Angeles | $300,000 | -13.0% | $289,000 | $345,000 | $409,000 |
The median sales price for homes in Mid City for Sep 09 to Nov 09 was $397,500. This represents an increase of 0.9%, or $3,500, compared to the prior quarter and a decrease of 19.5% compared to the prior year. Sales prices have depreciated 33.7% over the last 5 years in Mid City, Los Angeles.
The median sales price of $397,500 for Mid City is 32.50% higher than the median sales price for Los Angeles CA. Average listing price for homes on Trulia in Mid City was $643,137 for the week ending Dec 02, which represents a decline of 0.5%, or $3,061 compared to the prior week and a decline of 2.4%, or $15,556, compared to the week ending Nov 11. Average price per square foot for homes in Mid City was $238 in the most recent quarter, which is 9.85% lower than the average price per square foot for homes in Los Angeles.
| Neighborhood | Week ending Dec 2 | w-o-w | Week ending Nov 25 | Week ending Nov 18 | Week ending Nov 11 |
|---|---|---|---|---|---|
| Mid City | $643,137 | -0.5% | $646,198 | $649,458 | $658,693 | Los Angeles | $1,212,035 | -0.3% | $1,215,498 | $1,210,618 | $1,194,331 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Mid City | $238 | -19.9% | $245 | $297 | $363 | Los Angeles | $264 | -13.2% | $251 | $304 | $374 |
| Neighborhoods | Week ending Dec 2 |
w-o-w | Week ending Nov 25 |
Week ending Nov 18 |
|---|---|---|---|---|
| Hollywood Hills | 1 | — | 1 | 1 |
| Bel Air | 2 | — | 2 | 2 |
| Brentwood | 3 | — | 3 | 4 |
| Silver Lake | 4 | — | 4 | 6 |
| Mid City | 5 | — | 5 | 5 |
| West Los Angeles | 6 | +2 | 8 | 7 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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