L.A. Median Home Price Tops Half A Million!
Published Friday, May 12, 2006 by Real Estate Pro | E-mail this postThey use an increase in the median home price to argue that the bubble isn't popping? If only two houses sold and one was $1 million and the other $2 million, the median price would be $1.5 million, but so what? With Los Angeles' median home price doubling in such a short period? giving homeowners more equity than they imagined a few years ago? it's no wonder that Los Angeles appears on many lists of the nation's most overvalued housing markets.
Tagged: California
L.A. Median Home Price Tops Half A Million!