The MLS™ Area Resource Guide
Here is the latest information provided by the MLS™ for all of the established areas that are provided by The Combined Los Angeles/Westside Multiple Listing Service.
The Metropolitan area is the area that is set at the center of the following areas: Echo Park, Northern, East L.A., Vernon, and Downtown L.A. Its border is comprised of the following: Los Angeles River, Main St., Indiana, Washington Blvd., 25th St., Alameda St., 1st St., and the Pasadena Freeway. The median sale price of a single family home in the Metropolitan area in May 2011 was $142,500, compared to $176,450 a year prior in May 2010. Sales volume during May 2011 was $432,500, compared to the significantly higher $682,900 in May 2010. Out of the 8 houses that sold between January and May 2011, 3 of them sold in May.
Today's Real Estate News
Mortgage rates rise in mid-May, but remain near all-time lows
Published: May 17 2013 12:56PM
Homes for sale in Los Angeles could continue to see multiple offers, as mortgage rates have remained near all-time lows despite rising in two consecutive weeks. read more...