Want to see how the luxury market is doing?
Posted by Cyndy Nguyen on Monday, June 27, 2022 at 4:03 PM By Cyndy Nguyen / June 27, 2022 Comment
Want to see how the Luxury Home Market is doing?
- The LA - City single-family luxury market is a Seller's Market with a 40% Sales Ratio.
- Homes sold for a median of 100.78% of list price in May 2022.
- The most active price band is $3,500,000-$3,899,999, where the sales ratio is 96%.
- The median luxury sales price for single-family homes is $3,603,750.
- The median days on market for May 2022 was 14 days, down from 27 in May 2021.
Check out the link below for more stats!
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