Housing prices in Westside and Downtown
Los Angeles moved higher, pulling more
inventory onto the market. Average price per
square foot for single family and condo sales
rose 3.9% to $774 and a new record for the 12
years of this data series. Average sales price
increased 5.9% and median sales price rose
7.7% respectively from the prior year quarter.
Price trends in the luxury market, representing
the top 10% of sales, did not keep up with the
overall market…