The housing market in the Los Angeles metro area could be coming in for a soft landing as home prices are seemingly leveling off. New listings on the market have been registering below current median prices, according to data from Housing Wire. Homes on the market in Greater L.A. take a median 63 days to sell. The median list price is $1.4 million per property, or $700 per square foot. About 1,437 single-family homes sold last week, indicating that demand is holding steady while supply has been tight. At the same time, 1,097 new listings came online last week with […]
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