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Tracking L.A. County listing prices

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

Housing Tracker reports that as of Feb. 23 the median listing price in Los Angeles County was $369,000 -- the same level as last month and down 21.9% from a year ago. That’s a far cry from the April 2006 asking price of $579,666.

Although that’s the highest median asking price they have listed for now, there’s no way to tell if that was the bubble peak. A note titled ‘to do’ on the site indicates that they’ll be extending the data back to August 2005 at some point.

The inventory of for-sale homes continued to drop, falling 22.5% year over year to 37,418 -- down 1.1% from the previous month.

Here’s the weekly tracking:

Last 5 Weeks for Los Angeles Week ofSFH+Condo Inventory25th PercentileMedian75th Percentile 2009-02-23 37,418 $250,000 $369,000 $629,000 2009-02-16 37,103 $250,000 $369,500 $625,000 2009-02-09 37,266 $250,000 $369,000 $622,110 2009-02-02 37,112 $254,900 $369,000 $614,900 2009-01-31 37,816 $254,900 $369,000 $615,000

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Nice to have you back after a several months break, HousingTracker.

-- Lauren Beale

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