Copy
Welcome Laura Salgues! The newest real estate agent to join our teamOriginally from Brazil, Laura made Los Angeles her home in 1985 and her experience in owning a wide variety of properties is what prompted her to become a real estate agent herself. Laura possesses strong negotiation skills and uses cutting-edge technology to give her clients a top-notch experience. Passionate about sharing her love of Los Angeles with her clients, she also keeps bees and chickens in her Mar Vista home in her down time. Laura is already a welcome addition to the Highland Premiere family. 
 
We are meeting the moment of this unprecedented real estate market with clients ready to buy and sell. By growing a team of experts with deep knowledge of the Southern California region, we will be even better positioned to serve our clients and remain committed to excellence. 

Best,
Table of Contents
Recent Activity
 
Our Advice
 

Quarter 4 to Quarter 1 — Los Angeles County Median Sales Trends
Home price comparisons from quarter to quarter help us understand the real estate market and trends that ultimately affect all of our clients, and we use this data to help inform our decisions. 

Quarter 4, which was October through December 2021, revealed the beginning of the traditional winter/holiday trend of slowing sales of single family residents and condominiums. From October to November 2021, the median sales price of a single family home started at $855,000 and dipped to $851,000 in November. By December that number rose to $875,000, the highest prices of the year.. Condominiums began Q4 at $675,000, then dipped to $670,000 and remained the same over the next two months.

In January 2022, the start of Quarter 1 median prices for both single family homes fell again, but gains began an upward climb in February 2022, with four percent plus gains and median home sale prices climbing to $879,000 and condominiums to $690,000. By the end of Q1 in March sale prices continued to climb, with single family homes at $900,000 and condos at $712,500.

Quarter 2 tends to be the busiest quarter of the year, and our team is closely tracking all the relevant market data. Whether buying or selling, we are with you every step of the way to help you make an informed decision.

Q4 and Q1 median sales price data provided by Tiffanie Misner of Chicago Title.

What We're Reading
 

The last time interest rates rose to the level we currently see on a 30-year fixed rate loan was clear back in 2009. Industry experts have long predicted such a change would be coming this spring, and that it might have an effect on the buying and selling of homes and condominiums across the country. Under normal market conditions this would have a cooling effect but this is a very unusual market! Learn more here.

Facebook
LinkedIn
Instagram
Website
Copyright © 2022 Highland Premiere, All rights reserved.


Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.