LA Listing Prices Flat at $545,000; Inventory Still Climbing

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Listing prices for LA-area houses are flat for the sixth week in a row, as inventory continues to climb. That’s according to Housing Tracker, which tallies up MLS listings in the area every week. Median asking prices held at $545,000 -- a 6% decline from year-ago levels -- while another 611 listings were added to what is a sizeable pile, now nearly 40,000 homes listed. Here are the LA numbers from Housing Tracker, going back to mid-April, when this blog launched:

Date MedianPrice Inventory

4/16 $545,000 35,489
4/23 $545,000 36,348
4/30 $545,000 37,338
5/07 $545,000 37,511
5/14 $545,000 38,297
5/21 $545,000 39,100

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