Listing prices down 102K from peak
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Median listing prices in greater L.A. slipped another $1,900 over the past week, and are now running 12.9% below year-ago levels, according to Housing Tracker’s weekly analysis of MLS listing data.
Highlights: Listing prices dropped to $478,000; inventory of unsold homes and condos rose to 41,552, an increase of 33.8% over year-ago levels.
| Date | Median listing price | yoy change | MLS inventory | yoy change |
| 4/06 | $579,666 | n/a | 27,251 | n/a |
| 4/07 | $545,000 | n/a | 35,489 | n/a |
| 5/07 | $545,000 | n/a | 38,297 | n/a |
| 6/07 | $540,000 | n/a | 40,766 | +20.4% |
| 7/07 | $535,000 | n/a | 42,685 | +14.5% |
| 8/07 | $529,000 | n/a | 44,483 | +13.6% |
| 9/07 | $520,000 | n/a | 46,414 | +16.9% |
| 10/07 | $510,000 | n/a | 46,603 | +15.6% |
| 11/07 | $499,900 | n/a | 46,503 | +19.0% |
| 12/07 | $495,000 | -10.0% | 43,174 | +28.2% |
| 1/14/08 | $480,000 | -12.6% | 41,122 | +34.9% |
| 1/28/08 | $478,000 | -12.9% | 41,552 | +33.8% |
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