The median may drop as well, but is incidental, as the numbers can be skewed.
At least we have made progress on that front.
ls2008 –
Since you are on the westside, can you comment on what’s going on in Westwood. I have some friends who moved from the UK last year and are looking for a place to live. The market there still seems to be fairly hot. There is minimal SFR inventory to speak of in the < 2 Mil range in Westwood. Any SFR in the 1.0-1.4 Mil range seems to have disappeared over the last couple months.
