Median doesn’t mean Squat ! I would like to see Price per Sq Ft…. Plus as said before, # of sales ( -11.1 % yoy ) is much more important. I see property every week here on the Westside of LA and only idiots are buying the trash that is for sale now. Mostly vacant homes from speculators that are trying to unload. Even nice property is sitting because buyers are waiting for the market to drop. Guess there are always suckers who believe the realtor hype even when we are in one of the worst RE markets ever. If you would like proof of price declines look at this website
