Mapping the Housing Price Increases in LA

The MLS has published a map showing where single-family house sale prices are headed in many Greater Los Angeles neighborhoods and the overwhelming answer is: up. The map and accompanying list compare median sales price data from the first quarter of 2013 and the first quarter of 2014. Hollywood leads the pack with a 53 percent increase, from a median of $819,625 all the way up to a median of $1.73 million. On the Westside, Playa del Rey, Palms/Mar Vista and Cheviot Hills all posted gains around 30% year over year. East LA and several parts of South LA are also increasing at impressive rates. Its worth noting that this analysis takes into account single-family homes only. Market conditions in areas with high concentrations of condos (such as Marina del Rey, Playa Vista and West Hollywood) are not necessarily accurately represented in this map. 

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Click on the map below for a larger version.

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