Encompassing Zip Codes: 90001, 90002, 90003, 90059, 90061
The Metropolitan South area is surrounded by the following areas: Los Angeles Southwest, Metropolitan Southwest, North Harbor Gateway, Watts, Walnut Park and Downtown L.A. Its borders are the Harbor Freeway to the west, Florence Ave. to the north, Alameda St. to the east, and El Segundo Blvd. to the South. The median price of a home sold in the Metropolitan South area during the month of May 2011 was $149,500, up from $130,000 in the previous month, April 2011, and up from $132,400 in May 2010, one year ago. From January through May 2011, $12,786,720 in home sales were consummated, down a bit from $16,983,260 over the same period one year ago in 2010. For just the month of May 2011, the volume of home sales was $1,627,155, down quite a bit from $2,530,500 in sales the previous month and from sales of $3,895,700 in May of the previous year.
