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Home values still climbing despite fears of slowdown.


Despite widespread fears of a downturn Downturn

The transition point between a rising, expanding economy to a falling, contracting one.


downturn

A decline in security prices or economic activity following a period of rising or stable prices or activity.
 in the housing market, the median price of an existing home in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  County broke a record last month, hitting $536,000.

The median was 15 percent higher than a year ago and 2 percent higher than February February: see month. , continuing gains made after a dip dip, in agriculture, method of treating animals (chiefly livestock) infested with skin parasites such as mites, ticks, and warbles. The animal is dipped into or forced to swim through a tank filled with an insecticide solution.  in December December: see month.  that had wiped out six months of appreciation, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 data provided to the Business Journal by HomeData Corp., a Mellville, N.Y. company that tracks housing prices nationwide.

While the sales volume was well off the record pace of the last several years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 region's still-robust economy is continuing to fuel demand for housing and prop up Verb 1. prop up - support by placing against something solid or rigid; "shore and buttress an old building"
prop, shore up, shore

hold up, support, sustain, hold - be the physical support of; carry the weight of; "The beam holds up the roof"; "He supported
 pricing, even as other markets across the nation falter, analysts said.

"The reality of the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  market is that demand still exceeds supply," said Leslie Leslie (Gaelic, derived from a surname meaning 'garden of hollies,'grey fortress, or'garden by the pool')[1] can refer to any of the following: Places
in Scotland:
  • Leslie, Aberdeenshire
  • Leslie, Fife
in the
 Appleton-Young, chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the  for the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  Association of Realtors. "Once people work out the psychology of the current market we're we're  

Contraction of we are.


we're we are
 going to be at a reasonable clip this year, though of course not as high as last year."

There were 6,864 homes sold last month, down 25 percent from a year ago but up 29 percent from February--an expected seasonal boost since sales tend to drop off over the holidays but then recover as the year progresses.

That drop in sales contributed to a rise in market inventory. The Realtors association estimates there was 7.2 months of inventory on the market in February, the most recent period available, compared to 2.7 months a year earlier. In the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 portion of the market, inventory was at 5.3 months

Steve v. t. 1. To pack or stow, as cargo in a ship's hold. See Steeve.  White, president of the Southland south·land or South·land  
n.
A region in the south of a country or an area.



southland·er n.

Noun 1.
 Regional Association of Realtors, said inventory in his region, which includes the San Fernando San Fernando, city, Argentina
San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area.
 and Santa Clarita valleys The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672. , was too tight last year and the local market has benefited from the increase in inventory.

"When you consider that six months of inventory is considered a balanced market, what we're seeing is a good market for both buyers and sellers," said White. "Last year, in many cases, was just out of control, so when you compare that to a more balanced market it makes it look slow, when in fact it's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 not."

Market cooling

Still, industry experts are now reporting that buyers are taking more time before making a bid on a property, and sellers are still struggling to moderate their expectations.

"Buyers and sellers are on either side of the line waiting to see who crosses first," Appleton-Young said. "Buyers don't don't  

1. Contraction of do not.

2. Nonstandard Contraction of does not.

n.
A statement of what should not be done: a list of the dos and don'ts.
 want to overpay o·ver·pay  
v. o·ver·paid , o·ver·pay·ing, o·ver·pays

v.tr.
1. To pay (a party) too much.

2. To pay an amount in excess of (a sum due).

v.intr.
To pay too much.
 and sellers don't want to give up more than they have to."

That attitude is reflected in the median number of days that homes are staying on the market. That figure reached 42.4 days in February, the latest available number, versus 37 days for the same month a year ago.

Even in desirable seaside Seaside.

1 City (1990 pop. 38,901), Monterey co., W Calif., on Monterey Bay, in a fruit region; founded 1887, inc. 1954. Its economy is based largely upon tourism. California State Univ. Monterey Bay is there, on the former site of Fort Ord.
 communities such as Pacific Palisades Palisades, cliffs along the west bank of the Hudson River, NE N.J. and SE N.Y., extending from N of Jersey City, N.J., to the vicinity of Piermont, N.Y., with a general altitude of from 350 ft to 550 ft (107–168 m). , owners are learning to moderate their expectations.

One three-bedroom 1950s-era home designed by a noted architect in the Palisades Riviera Riviera (rĭvēâr`ə), narrow coastal strip between the Alps and the Mediterranean, extending, roughly, from La Spezia (Italy) to Hyères (France).  that went into escrow escrow

Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition.
 last month sold for just under its $3.35 million asking price--but only after the seller lowered the price twice from the original $3.95 million in September September: see month. .

"If a home doesn't does·n't  

Contraction of does not.
 have a very general appeal or is unique architecturally it may be a harder sell," said Coldwell Coldwell may refer to:
  • Addy Joaquín Coldwell, Mexican politician
  • Coldwell Banker, American real estate franchise
  • Cec Coldwell, English footballer & team manager
  • Douglas-Coldwell Foundation, Canadian think tank
  • George R.
 Banker BANKER, com. law. A banker is one engaged in the business of receiving other persons money in deposit, to be returned on demand discounting other persons' notes, and issuing his own for circulation. One who performs the business usually transacted by a bank.  agent Wendy Wendy is a female name which may be used as a short form for Gwendolyn, or in its own right. Its popularity is attributed to the character Wendy Darling from the children's play and novel Peter Pan, by J.M. Barrie. The character Wendy was inspired by a real girl.  Kirshner, who notes that the Peter Choate Perfected, complete, or certain.

A choate right is an undefeatable right that is totally valid and cannot be subsequently lessened or altered by later claims.
 designed home had an unusual configuration and was last extensively renovated 17 years ago.

Even so, the 19 homes that sold last month in Pacific Palisades had a $1.8 million median price, up 37 percent from a year ago.

The highest median price in the county was in Santa Monica's 90402 ZIP code zip code

System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities.
, where the median of eight homes sold in March jumped 12 percent from a year ago to $2.12 million. The median price for 16 homes sold in Malibu was $1.91 million, with the median for 18 homes sold in Brentwood Brentwood, city and district, England
Brentwood, city (1991 pop. 51,212) and district, Essex, SE England. Brentwood is mainly residential but produces some agricultural equipment, film, and prefabricated concrete.
 up 1.5 percent to $1,78 million. In Westwood Westwood.

1 Residential town (1990 pop. 12,557), Norfolk co., E Mass., in the greater Boston area; settled 1640, inc. 1897. It has several early 18th-century buildings.

2 Residential borough (1990 pop. 10,446), Bergen co., NE N.J.
, the median actually dropped 8 percent to $1.51 million based on nine sales.

Some of the biggest gains were recorded in neighborhoods north of downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or , including several that came later to the real estate boom.

Los Feliz's median jumped 40 percent to $1.15 million based on 20 sales, with Silver Lake up 21 percent to $670,000 based on 14 sales. East of the Golden State (5) Freeway, in communities where prices are closer to the countywide coun·ty·wide  
adv. & adj.
Throughout a whole county: found at locations countywide; a countywide search.

Adj. 1.
 median, Eagle Rock rose 26 percent to a $640,000 median, with Mt. Washington Washington, town, England
Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area.
 up 40 percent to $600,000.

"I'd I'd  

1. Contraction of I had.

2. Contraction of I would.


I'd I had or I would
I'd have ~would
 say Los Feliz Feliz is a municipality (município) in the Brazilian state of Rio Grande do Sul.

    [
 and Silver Lake are at the top of their game, but I see that moving east as people who want to get into Silver Lake and find they can't afford it start to look at Eagle Rock, Mt. Washington and Glendale Glendale.

1 City (1990 pop. 148,134), Maricopa co., S central Ariz., adjacent to Phoenix; inc. 1910. It is located in a rich agricultural region irrigated by the Salt River project. Glendale has become one of the fastest-growing U.S.
," said Steve Clark This article is about the late Def Leppard guitarist. For other uses, see Steve Clark (disambiguation).

Stephen Maynard Clark (April 23, 1960 – January 8, 1991) was the co-lead guitarist for British rock band Def Leppard until his death in 1991.
, an agent with Sotheby's International Realty Sotheby’s International Realty, founded in 1976, is a luxury real estate network that offers a collection of luxury homes, estates and properties for sale throughout the world. . "I just got a client a house in Eagle Rock for $500,000 and that same house on the same piece of land in Silver Lake would have been $900,000."

And with single-family sin·gle-fam·i·ly
adj.
Relating to or being a dwelling designed for one family only: a single-family home; single-family occupancy. 
 home prices remaining high on a historic basis, buyers continue to snap up snap  
v. snapped, snap·ping, snaps

v.intr.
1. To make a brisk sharp cracking sound: "Logs snapped in the grate" James Fox.
 less-expensive condominiums though at lower levels than a year ago.

Last month there were 1,511 condo sales in the county, down 12 percent from a year ago. But the median price rose 16 percent to $418,000, higher than the March single-family median two years ago.

Valley sales dip

However, in the Long Beach area, which had been holding steady through the end of last year, a fall in prices is starting to accompany To go along with; to go with or to attend as a companion or associate.

A motor vehicle statute may require beginning drivers or drivers under a certain age to be accompanied by a licensed adult driver whenever operating an automobile.
 the drop in volume.

Overall, sales volume in the city fell by double digits Double Digits was a pricing game on the American television game show, The Price Is Right. Played from April 20, 1973 through May 18, 1973's show, it was played for a car and used small prizes. , down 34 percent from a year ago. And median prices in the city's 11 ZIP codes ranged from $465,000 in a more affordable neighborhood to $848,000 in the toney Belmont Belmont (bĕl`mŏnt).

1 City (1990 pop. 24,127), San Mateo co., W Calif., a residential suburb midway between San Francisco and San Jose; laid out 1851, inc. 1926. There is light manufacturing, and the College of Notre Dame (est.
 Shores beach community. Six of the ZIP codes saw just single digit A single character in a numbering system. In decimal, digits are 0 through 9. In binary, digits are 0 and 1.

digit - An employee of Digital Equipment Corporation. See also VAX, VMS, PDP-10, TOPS-10, DEChead, double DECkers, field circus.
 growth or even negative appreciation last month, unlike February when only two ZIP codes failed to see double-digit dou·ble-dig·it
adj.
Being between 10 and 99 percent: double-digit inflation. 
 appreciation.

In nearby El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , sales volume fell 36 percent with the $805,000 median price just 8 percent higher than a year ago. However, Hermosa Beach Hermosa Beach (hûrmō`sə), city (1990 pop. 18,219), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1907. It is a residential suburb and a popular resort noted for its fine, sandy beaches and excellent surf.  saw its median rise 12 percent to $1.16 million, and pricey Pricey

Term used for an unrealistically low bid price or unrealistically high offer price.


pricey

Of, relating to, or being an unrealistically high offer. An offer to sell a security at $50 when the current market price is $47 is pricey.
 Manhattan Beach Manhattan Beach, city (1990 pop. 32,063), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1912. It is a residential and beach community with an oil refinery and nearby factories that produce transportation and electrical equipment, computers, and pottery.  saw its sale volume remain steady as its median rose 24 percent to $1.72 million.

Michael Collins Michael Collins is the name of:
  • Michael Collins (actor), an English actor
  • Michael Collins (astronaut) (born 1930), an American astronaut who flew on Apollo 11 and Gemini 10
  • Michael Collins (author) (1924–2005), pseudonym of author Dennis Lynds
, general manager of Shorewood Shorewood, village (1990 pop. 14,116), Milwaukee co., SE Wis., between the Milwaukee River and Lake Michigan, a suburb of Milwaukee; settled c.1835, inc. 1900. It is mostly residential.  Realtors in the South Bay, said the area saw a rash of new listings from owners who had pulled off the market but were now coming back--unlike other areas where there was a slowdown For articles with similar titles, see Slow Down (disambiguation).
A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties.
 in sales.

"We had the group that had been waiting for the top, especially investors, and now all of a sudden they realize, 'Oh my God, maybe the top has come and gone and we better get our house out there,'" he said. "You add those two groups to the regular stuff from people who need to sell for any number of reasons, like a job relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
     2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation.
, and we have a lot to sell out there.

"If there's going to be any bubble A bit in bubble memory or a symbol in a bubble chart.  or anything less than a soft landing we haven't have·n't  

Contraction of have not.


haven't have not
haven't have
 experienced it," he said. "We're still in a very active marketplace here now, though that's always likely to change."

DEBORAH Deborah (dĕb`ōrə), in the Bible, prophetess and judge of Israel, the only woman to hold that office. Under her guidance Barak conquered Sisera and delivered Israel from the oppression of the Canaanite King Jabin.  CROWE Crowe may refer to: People
  • Alan Crowe
  • Allen Crowe
  • Allison Crowe
  • Cameron Crowe
  • Catherine Crowe
  • Cathy Crowe
  • Charles Spencer Crowe
  • Clem Crowe
  • Crowe brothers
  • Crowe Chizek, a professional services firm
  • David Crowe


Staff Reporter
Market Highlights

MOST EXPENSIVE

                                3/06    3/06    3/05
                        ZIP     Home   Median   Median
Community               Code   Sales   Price    Price    Change

Santa Monica           90402      8    $2,118   $1,900    11.5%
Beverly Hills          90210     14     1,962    1,388    41.4%
Malibu                 90265     16     1,918    1,655    15.9%
Pacific Palisades      90272     19     1,800    1,314    37.0%
L.A./Brentwood         90049     18     1,788    1,762     1.5%
Manhattan Beach        90266     48     1,723    1,395    23.5%
Calabasas              91302     22     1,670    1,030    62.1%
Beverly Hills          90212      4     1,535    1,299    18.2%
L.A./Westwood          90024      9     1,518    1,650    -8.0%
Palos Verdes Estates   90274     14     1,510    1,230    22.8%

INCREASED ACTIVITY

                      ZIP     3/06    3/05   Percent   Median
Community             Code   Sales   Sales   Change    Price

Beverly Hills        90212      4       1     300.0%   $1,535
L.A./Westwood        90024      9       5      80.0%    1,518
Pasadena             91101      5       3      66.7%      799
Van Nuys             91411     15       9      66.7%      652
Inglewood            90305     25      15      66.7%      550
L.A./Eagle Rock      90041     31      19      63.2%      640
Palmdale             93591     14       9      55.6%      262
L.A./South L.A.      90061     27      18      50.0%      390
L.A./Baldwin Hills   90008     21      15      40.0%      625
Winnetka             91306     53      38      39.5%      535

Note: ZIP codes with significant data included. Sale price in thousands

PPRICE GAINS

                                 3/06    3/06    3/05
                         ZIP     Home   Median   Median
Community                Code   Sales   Price    Price    Change

L.A./Brooklyn Heights   90033     12      $592      314    88.5%
Calabasas               91302     22     1,670   $1,030    62.1%
Pasadena                91105     13     1,298      862    50.6%
Newhall                 91321     35       683      460    48.5%
L.A./Watts              90002     37       414      280    47.9%
Inglewood               90301     12       480      328    46.3%
Bell/Bell Gardens       90201     30       570      392    45.4%
Van Nuys                91411     15       652      450    44.9%
Glendale                91201     13       870      605    43.8%
Beverly Hills           90210     14     1,962    1,388    41.4%

PRICE LOSSES

                         3/06     3/06     3/05
                   ZIP   Home    Median   Median
Community         Code   Sales   Price     Price   Change

L.A./Bet-Air     90077     9     $1,195   $2,202   -45.7%
Agoura Hills     91301    24        642      869   -26.1%
Signal Hill      90755     9        530      655   -19.1%
Alhambra         91801     9        485      569   -14.8%
Redondo Beach    90278    22        724      792    -8.6%
L.A./Westwood    90024     9      1,518    1,650    -8.0%
Long Beach       90814    13        685      738    -7.2%
Culver City      90230    18        588      632    -7.0%
Canyon Country   91387    37        568      608    -6.6%
Sherman Oaks     91423    14        840      898    -6.5%

Source: HomeDataCorp., www.homedata.com

March 2006 Home Sales in L.A. County

                                       March Home Sales   Percent
Community                   ZIP Code     2006    2005      Change

Los Angeles County                      6,864   9,099      -24.6%
Acton                         93510         7      15      -53.3%
Agoura Hills                  91301        24      33      -27.3%
Alhambra                      91801         9      26      -65.4%
Alhambra                      91803        13      23      -43.5%
Altadena                      91001        53      44       20.5%
Arcadia                       91006        25      35      -28.6%
Arcadia                       91007        15      20      -25.0%
Artesia                       90701        14      14        0.0%
Azusa                         91702        32      46      -30.4%
Baldwin Park                  91706        39      54      -27.8%
Bell/Bell Gardens             90201        30      34      -11.8%
Bellflower                    90706        34      42      -19.0%
Beverly Hills                 90210        14      20      -30.0%
Beverly Hills                 90211         5       4       25.0%
Beverly Hills                 90212         4       1      300.0%
Burbank                       91501        13      12        8.3%
Burbank                       91502         2       2        0.0%
Burbank                       91504        23      30      -23.3%
Burbank                       91505        24      43      -44.2%
Burbank                       91506        13      28      -53.6%
Calabasas                     91302        22      38      -42.1%
Canoga Park                   91303        19      16       18.8%
Canoga Park                   91304        27      51      -47.1%
Canyon Country                91351        28      32      -12.5%
Canyon Country                91387        37      75      -50.7%
Carson                        90745        51      39       30.8%
Carson                        90746        23      24       -4.2%
Castaic                       91334        26      37      -29.7%
Cerritos                      90703        36      45      -20.0%
Chatsworth                    91311        32      41      -22.0%
City of Commerce              90040         8      10      -20.0%
Claremont                     91711        22      56      -60.7%
Compton                       90220        42      56      -25.0%
Compton                       90221        35      51      -31.4%
Compton                       90222        39      38        2.6%
Covina                        91722        38      36        5.6%
Covina                        91723         9      27      -66.7%
Covina                        91724        11      25      -56.0%
Culver City                   90230        18      23      -21.7%
Culver City                   90232         5      14      -64.3%
Diamond Bar                   91765        36      64      -43.8%
Downey                        90240        30      32       -6.3%
Downey                        90241        23      40      -42.5%
Downey                        90242        34      31        9.7%
Duarte--Bradbury              91010        24      26       -7.7%
El Monte                      91731        13      12        8.3%
El Monte                      91732        34      32        6.3%
El Monte-South El Monte       91733         8      20      -60.0%
El Segundo                    90245         9      14      -35.7%
Encino                        91316        12      34      -64.7%
Encino                        91436        19      23      -17.4%
Gardena                       90247        25      27       -7.4%
Gardena                       90249        27      25        8.0%
Glendale                      91201        13      18      -27.8%
Glendale                      91202        14      19      -26.3%
Glendale                      91203         4       8      -50.0%
Glendale                      91204         2       3      -33.3%
Glendale                      91205        10      14      -28.6%
Glendale                      91206        15      15        0.0%
Glendale                      91207        10      13      -23.1%
Glendale                      91208        25      25        0.0%
Glendale--La Crescenta        91214        29      37      -21.6%
Glendora                      91740        11      25      -56.0%
Glendora                      91741        14      31      -54.8%
Granada Hills                 91344        48      68      -29.4%
Hacienda Heights              91745        38      70      -45.7%
Harbor City                   90710        12      16      -25.0%
Hawaiian Gardens              90716         7      11      -36.4%
Hawthorne                     90250        32      63      -49.2%
Hermosa Beach                 90254        22      31      -29.0%
Huntington Park               90255        34      34        0.0%
Inglewood                     90301        12      14      -14.3%
Inglewood                     90302        11      13      -15.4%
Inglewood                     90303         8      12      -33.3%
Inglewood                     90305        25      15       66.7%
L.A.                          90011        54      75      -28.0%
L.A.                          90062        30      26       15.4%
L.A./Baldwin Hills            90008        21      15       40.0%
L.A./Baldwin Hills            90056         2       9      -77.8%
L.A./Bel-Air                  90077         9      10      -10.0%
L.A./Brentwood                90049        18      19       -5.3%
L.A./Brooklyn Heights         90033        12      21      -42.9%
L.A./Central City West        90017         1       2      -50.0%
L.A./Century City             90067         2     N/A         N/A
L.A./Chesterfield Square      90047        51      55       -7.3%
L.A./City College             90029        16      14       14.3%
L.A./City Terrace             90063        28      34      -17.6%
L.A./Civic Center             90012         1       3      -66.7%
L.A./Crenshaw District        90016        31      46      -32.6%
L.A./Eagle Rock               90041        31      19       63.2%
L.A./East L.A.                90022        21      24      -12.5%
L.A./East L.A.                90023        16      17       -5.9%
L.A./Echo Park                90026        26      43      -39.5%
L.A./El Sereno                90032        21      26      -19.2%
L.A./Exposition Park          90037        33      47      -29.8%
L.A./Hancock Park             90004        20      31      -35.5%
L.A./Highland Park            90042        35      51      -31.4%
L.A./Historic District        90013         1       1        0.0%
L.A./Historic District        90014         1       1        0.0%
L.A./Hollywood                90028         2       3      -33.3%
L.A./Hollywood Hills          90068        21      31      -32.3%
L.A./Koreatown                90005         9      18      -50.0%
L.A./Koreatown                90006        14      17      -17.6%
L.A./Laurel Canyon            90046        24      32      -25.0%
L.A./Lincoln Heights          90031        15      33      -54.5%
L.A./Los Feliz                90027        20      30      -33.3%
L.A./Mar Vista                90066        24      29      -17.2%
L.A./Mid-City                 90019        41      52      -21.2%
L.A./Mid-Wilshire             90036        13      16      -18.8%
L.A./Mt. Washington           90065        36      43      -16.3%
L.A./Palms                    90034        16      25      -36.0%
L.A./Rancho Park              90064        13      23      -43.5%
L.A./Silver Lake              90039        14      29      -51.7%
L.A./South Figueroa           90007        10      22      -54.5%
L.A./South L.A.               90001        32      24       33.3%
L.A./South L.A.               90003        60      63       -4.8%
L.A./South L.A.               90044        81     107      -24.3%
L.A./South L.A.               90061        27      18       50.0%
L.A./South L.A.               90248         8      12      -33.3%
L.A./South Park               90015         3       6      -50.0%
L.A./South Robertson          90035        11      19      -42.1%
L.A./Warehouse District       90021         1     N/A         N/A
L.A./Watts                    90002        37      55      -32.7%
L.A./West Adams               90018        36      32       12.5%
L.A./West Hollywood           90038         7      10      -30.0%
L.A./West Hollywood           90048        17      18       -5.6%
L.A./West Hollywood           90069         7      16      -56.3%
L.A./West L.A.                90025         8      10      -20.0%
L.A./Westchester              90045        24      36      -33.3%
L.A./Westlake                 90057         2       4      -50.0%
L.A./Westwood                 90024         9       5       80.0%
L.A./Willowbrook              90059        41      68      -39.7%
L.A./Windsor Hills            90043        60      49       22.4%
L.A./Windsor Square           90020         1       9      -88.9%
La Canada Flintridge          91011        18      21      -14.3%
La Habra                      90631        41      60      -31.7%
La Mirada                     90638        42      50      -16.0%
La Puente                     91744        55      68      -19.1%
La Puente                     91746        21      28      -25.0%
La Verne                      91750        25      35      -28.6%
Lake Hughes                   93532         2       1      100.0%
Lakewood                      90712        27      54      -50.0%
Lakewood                      90713        29      36      -19.4%
Lakewood                      90715         9      21      -57.1%
Lancaster                     93534        76      92      -17.4%
Lancaster                     93535       131     153      -14.4%
Lancaster                     93536       130     138       -5.8%
Lawndale                      90260        27      35      -22.9%
Lennox                        90304         8       8        0.0%
Litttlerock                   93543        18      42      -57.1%
Llano                         93544         2       1      100.0%
Lomita                        90717        10      18      -44.4%
Long Beach                    90802        13      10       30.0%
Long Beach                    90804        14      31      -54.8%
Long Beach                    90805        67      74       -9.5%
Long Beach                    90806        32      29       10.3%
Long Beach                    90807        26      41      -36.6%
Long Beach                    90808        41      57      -28.1%
Long Beach                    90810        20      29      -31.0%
Long Beach                    90813        12      50      -76.0%
Long Beach                    90814        13      28      -53.6%
Long Beach                    90815        18      48      -62.5%
Long Beach--Belmont Shore     90803        20      23      -13.0%
Lynwood                       90262        41      43       -4.7%
Malibu                        90265        16      21      -23.8%
Manhattan Beach               90266        48      48        0.0%
Marina del Rey                90292         3       8      -62.5%
Maywood                       90270        10       8       25.0%
Mission Hills                 91345        17      17        0.0%
Monrovia                      91016        24      39      -38.5%
Montebello                    90640        25      31      -19.4%
Monterey Park                 91754        12      27      -55.6%
Monterey Park                 91755         7      20      -65.0%
Montrose                      91020         3       7      -57.1%
Newhall                       91321        35      35        0.0%
North Hills                   91343        32      53      -39.6%
North Hollywood               91601        22      27      -18.5%
North Hollywood               91602         8      13      -38.5%
North Hollywood               91605        46      42        9.5%
North Hollywood               91606        28      28        0.0%
Northridge                    91324        19      34      -44.1%
Northridge                    91325        25      28      -10.7%
Northridge                    91326        52      54       -3.7%
Norwalk                       90650       101     107       -5.6%
Pacific Palisades             90272        19      18        5.6%
Pacoima                       91331        78      84       -7.1%
Palmdale                      93550       132     168      -21.4%
Palmdale                      93551       131     135       -3.0%
Palmdale                      93552        87      95       -8.4%
Palmdale                      93591        14       9       55.6%
Palos Verdes Estates          90274        14      29      -51.7%
Panorama City                 91402        30      38      -21.1%
Paramount                     90723        24      25       -4.0%
Pasadena                      91101         5       3       66.7%
Pasadena                      91103        19      25      -24.0%
Pasadena                      91104        26      28       -7.1%
Pasadena                      91105        13      12        8.3%
Pasadena                      91106        10      15      -33.3%
Pasadena                      91107        34      39      -12.8%
Pearblossom                   93553         1     N/A         N/A
Phillips Ranch                91766        63      79      -20.3%
Pico Rivera                   90660        49      39       25.6%
Playa del Rey                 90293         2       9      -77.8%
Pomona                        91767        48      88      -45.5%
Pomona                        91768        30      35      -14.3%
Rancho Palos Verdes           90275        29      31       -6.5%
Redondo Beach                 90277        18      23      -21.7%
Redondo Beach                 90278        22      36      -38.9%
Reseda                        91335        79      79        0.0%
Rosemead                      91770        23      35      -34.3%
Rowland Heights               91748        35      50      -30.0%
San Dimas                     91773        28      47      -40.4%
San Fernando                  91340        30      29        3.4%
San Gabriel                   91775        23      24       -4.2%
San Gabriel                   91776        16      31      -48.4%
San Marino                    91108        11      12       -8.3%
San Pedro                     90731        39      45      -13.3%
San Pedro                     90732        11      24      -54.2%
Santa Clarita                 91350        45      76      -40.8%
Santa Clarita                 91390        16      33      -51.5%
Santa Fe Springs              90670         7      15      -53.3%
Santa Monica                  90402         8      13      -38.5%
Santa Monica                  90403         4       6      -33.3%
Santa Monica                  90404         6       7      -14.3%
Santa Monica                  90405        15      12       25.0%
Sherman Oaks                  91403        19      25      -24.0%
Sherman Oaks                  91423        14      46      -69.6%
Sierra Madre                  91024         9      14      -35.7%
Signal Hill                   90755         9      15      -40.0%
South Gate                    90280        56      70      -20.0%
South Pasadena                91030        16      20      -20.0%
Stevenson Ranch               91381        19      39      -51.3%
Studio City                   91604        29      37      -21.6%
Sun Valley                    91352        26      38      -31.6%
Sunland                       91040        27      31      -12.9%
Sylmar                        91342        76     101      -24.8%
Tarzana                       91356        24      22        9.1%
Temple City                   91780        29      48      -39.6%
Topanga                       90290         8      17      -52.9%
Torrance                      90501        32      37      -13.5%
Torrance                      90502        14      14        0.0%
Torrance                      90503        18      33      -45.5%
Torrance                      90504        18      28      -35.7%
Torrance                      90505        17      22      -22.7%
Tujunga                       91042        28      46      -39.1%
Valencia                      91354        43     127      -66.1%
Valencia                      91355        41      49      -16.3%
Valley Village                91607        20      20        0.0%
Van Nuys                      91401        24      31      -22.6%
Van Nuys                      91405        23      26      -11.5%
Van Nuys                      91406        41      58      -29.3%
Van Nuys                      91411        15       9       66.7%
Venice                        90291        25      29      -13.8%
Vernon                        90058         2       3      -33.3%
Walnut                        91789        34      61      -44.3%
West Covina                   91790        29      47      -38.3%
West Covina                   91791        30      38      -21.1%
West Covina                   91792        25      44      -43.2%
West Hills                    91307        20      52      -61.5%
Westlake Village              91361        25      32      -21.9%
Westlake Village              91362        39      69      -43.5%
Whittier                      90601        31      38      -18.4%
Whittier                      90602        19      23      -17.4%
Whittier                      90603        17      25      -32.0%
Whittier                      90604        30      39      -23.1%
Whittier                      90605        23      42      -45.2%
Whittier                      90606        25      32      -21.9%
Wilmington                    90744        30      34      -11.8%
Winnetka                      91306        53      38       39.5%
Woodland Hills                91364        34      62      -45.2%
Woodland Hills                91367        27      47      -42.6%

                            March Median Price
                              (in thousands)     Percent
Community                      2006    2005       Change

Los Angeles County             $536    $465        15.3%
Acton                           710     579        22.6%
Agoura Hills                    642     869       -26.1%
Alhambra                        485     569       -14.8%
Alhambra                        508     450        12.9%
Altadena                        650     558        16.5%
Arcadia                         670     710        -5.6%
Arcadia                         959     681        40.8%
Artesia                         545     438        24.4%
Azusa                           420     392         7.1%
Baldwin Park                    460     364        26.4%
Bell/Bell Gardens               570     392        45.4%
Bellflower                      534     425        25.6%
Beverly Hills                 1,962   1,388        41.4%
Beverly Hills                 1,429   1,391         2.7%
Beverly Hills                 1,535   1,299        18.2%
Burbank                         800     724        10.5%
Burbank                         652     642         1.6%
Burbank                         716     630        13.7%
Burbank                         656     519        26.4%
Burbank                         655     550        19.1%
Calabasas                     1,670   1,030        62.1%
Canoga Park                     585     422        38.6%
Canoga Park                     660     555        18.9%
Canyon Country                  510     433        17.8%
Canyon Country                  568     608        -6.6%
Carson                          475     440         8.0%
Carson                          575     448        28.3%
Castaic                         598     510        17.3%
Cerritos                        700     580        20.7%
Chatsworth                      720     575        25.2%
City of Commerce                412     344        19.8%
Claremont                       535     500         7.0%
Compton                         385     300        28.3%
Compton                         400     299        33.8%
Compton                         350     265        32.1%
Covina                          485     384        26.3%
Covina                          500     420        19.0%
Covina                          570     454        25.6%
Culver City                     588     632        -7.0%
Culver City                     850     700        21.4%
Diamond Bar                     642     499        28.7%
Downey                          650     522        24.5%
Downey                          695     521        33.4%
Downey                          544     510         6.7%
Duarte--Bradbury                450     426         5.6%
El Monte                        477     375        27.2%
El Monte                        457     370        23.5%
El Monte-South El Monte         474     393        20.6%
El Segundo                      850     787         8.0%
Encino                          678     646         5.0%
Encino                        1,190     885        34.5%
Gardena                         524     400        31.0%
Gardena                         511     440        16.1%
Glendale                        870     605        43.8%
Glendale                        799     812        -1.6%
Glendale                        738     550        34.2%
Glendale                        615     502        22.5%
Glendale                        662     587        12.8%
Glendale                        899     689        30.5%
Glendale                      1,205   1,050        14.8%
Glendale                        849     785         8.2%
Glendale--La Crescenta          659     610         8.0%
Glendora                        489     450         8.7%
Glendora                        606     479        26.5%
Granada Hills                   585     541         8.1%
Hacienda Heights                612     445        37.5%
Harbor City                     605     530        14.2%
Hawaiian Gardens                425     350        21.4%
Hawthorne                       634     490        29.4%
Hermosa Beach                 1,162   1,035        12.3%
Huntington Park                 462     389        18.8%
Inglewood                       480     328        46.3%
Inglewood                       530     537        -1.3%
Inglewood                       497     390        27.4%
Inglewood                       550     430        27.9%
L.A.                            412     340        21.2%
L.A.                            474     388        22.2%
L.A./Baldwin Hills              625     500        25.0%
L.A./Baldwin Hills              650     813       -20.0%
L.A./Bel-Air                  1,195   2,202       -45.7%
L.A./Brentwood                1,788   1,762         1.5%
L.A./Brooklyn Heights           592     314        88.5%
L.A./Central City West          575     547         5.1%
L.A./Century City             1,075     N/A          N/A
L.A./Chesterfield Square        410     330        24.2%
L.A./City College               800     646        23.8%
L.A./City Terrace               410     335        22.4%
L.A./Civic Center               815     435        87.4%
L.A./Crenshaw District          519     462        12.3%
L.A./Eagle Rock                 640     509        25.7%
L.A./East L.A.                  450     368        22.3%
L.A./East L.A.                  462     340        35.9%
L.A./Echo Park                  692     597        15.9%
L.A./El Sereno                  450     368        22.3%
L.A./Exposition Park            491     360        36.4%
L.A./Hancock Park               958     800        19.8%
L.A./Highland Park              514     470         9.4%
L.A./Historic District          975     779        25.2%
L.A./Historic District          495     390        26.9%
L.A./Hollywood                  767     800        -4.1%
L.A./Hollywood Hills          1,100     868        26.7%
L.A./Koreatown                1,000     834        19.9%
L.A./Koreatown                  658     600         9.7%
L.A./Laurel Canyon              940     960        -2.1%
L.A./Lincoln Heights            505     450        12.2%
L.A./Los Feliz                1,150     840        36.9%
L.A./Mar Vista                  870     775        12.3%
L.A./Mid-City                   789     730         8.1%
L.A./Mid-Wilshire             1,300   1,153        12.7%
L.A./Mt. Washington             600     448        33.9%
L.A./Palms                      778     679        14.6%
L.A./Rancho Park                821     821         0.0%
L.A./Silver Lake                670     555        20.7%
L.A./South Figueroa             726     578        25.6%
L.A./South L.A.                 387     296        30.7%
L.A./South L.A.                 428     305        40.3%
L.A./South L.A.                 425     332        28.0%
L.A./South L.A.                 390     340        14.7%
L.A./South L.A.                 488     426        14.6%
L.A./South Park                 555     568        -2.3%
L.A./South Robertson            979     900         8.8%
L.A./Warehouse District         480     N/A          N/A
L.A./Watts                      414     280        47.9%
L.A./West Adams                 554     426        30.0%
L.A./West Hollywood             820     772         6.2%
L.A./West Hollywood           1,090     998         9.2%
L.A./West Hollywood           1,375   1,245        10.4%
L.A./West L.A.                  984     889        10.7%
L.A./Westchester                808     706        14.4%
L.A./Westlake                   928     572        62.2%
L.A./Westwood                 1,518   1,650        -8.0%
L.A./Willowbrook                378     288        31.3%
L.A./Windsor Hills              493     420        17.4%
L.A./Windsor Square           1,599   1,400        14.2%
La Canada Flintridge          1,105     950        16.3%
La Habra                        595     466        27.7%
La Mirada                       570     480        18.8%
La Puente                       450     369        22.0%
La Puente                       450     380        18.4%
La Verne                        510     520        -1.9%
Lake Hughes                     368     190        93.7%
Lakewood                        545     470        16.0%
Lakewood                        557     480        16.0%
Lakewood                        554     449        23.4%
Lancaster                       285     236        20.8%
Lancaster                       295     250        18.0%
Lancaster                       384     308        24.7%
Lawndale                        565     518         9.1%
Lennox                          568     418        35.9%
Litttlerock                     368     262        40.5%
Llano                           278      45       517.8%
Lomita                          638     580        10.0%
Long Beach                      630     476        32.4%
Long Beach                      555     529         4.9%
Long Beach                      465     375        24.0%
Long Beach                      555     435        27.6%
Long Beach                      640     625         2.4%
Long Beach                      584     530        10.2%
Long Beach                      482     360        33.9%
Long Beach                      586     542         8.1%
Long Beach                      685     738        -7.2%
Long Beach                      570     545         4.6%
Long Beach--Belmont Shore       848     780         8.7%
Lynwood                         459     340        35.0%
Malibu                        1,918   1,655        15.9%
Manhattan Beach               1,723   1,395        23.5%
Marina del Rey                  929     802        15.8%
Maywood                         410     358        14.5%
Mission Hills                   540     443        21.9%
Monrovia                        566     530         6.8%
Montebello                      508     440        15.5%
Monterey Park                   532     487         9.2%
Monterey Park                   575     425        35.3%
Montrose                        602     775       -22.3%
Newhall                         683     460        48.5%
North Hills                     581     500        16.2%
North Hollywood                 583     545         7.0%
North Hollywood                 835     710        17.6%
North Hollywood                 540     450        20.0%
North Hollywood                 557     507         9.9%
Northridge                      580     484        19.8%
Northridge                      665     522        27.4%
Northridge                      810     705        14.9%
Norwalk                         470     390        20.5%
Pacific Palisades             1,800   1,314        37.0%
Pacoima                         504     400        26.0%
Palmdale                        344     265        29.8%
Palmdale                        425     300         9.0%
Palmdale                        377     285        32.3%
Palmdale                        262     200        31.0%
Palos Verdes Estates          1,510   1,230        22.8%
Panorama City                   528     417        26.6%
Paramount                       496     370        34.1%
Pasadena                        799     706        13.2%
Pasadena                        570     520         9.6%
Pasadena                        672     632         6.3%
Pasadena                      1,298     862        50.6%
Pasadena                        850     690        23.2%
Pasadena                        680     565        20.4%
Pearblossom                     532     N/A          N/A
Phillips Ranch                  405     355        14.1%
Pico Rivera                     470     405        16.0%
Playa del Rey                   932   1,200       -22.3%
Pomona                          408     356        14.6%
Pomona                          420     350        20.0%
Rancho Palos Verdes             995     925         7.6%
Redondo Beach                   996     869        14.6%
Redondo Beach                   724     792        -8.6%
Reseda                          564     451        25.1%
Rosemead                        525     420        25.0%
Rowland Heights                 570     460        23.9%
San Dimas                       585     416        40.6%
San Fernando                    528     395        33.7%
San Gabriel                     655     625         4.8%
San Gabriel                     530     430        23.3%
San Marino                    1,425   1,120        27.2%
San Pedro                       599     542        10.5%
San Pedro                       610     640        -4.7%
Santa Clarita                   490     481         1.9%
Santa Clarita                   665     585        13.7%
Santa Fe Springs                500     415        20.5%
Santa Monica                  2,118   1,900        11.5%
Santa Monica                  1,443   1,524        -5.3%
Santa Monica                    968     880        10.0%
Santa Monica                  1,112     936        18.8%
Sherman Oaks                    970     830        16.9%
Sherman Oaks                    840     898        -6.5%
Sierra Madre                    860     744        15.6%
Signal Hill                     530     655       -19.1%
South Gate                      444     365        21.6%
South Pasadena                  821     751         9.3%
Stevenson Ranch                 760     705         7.8%
Studio City                   1,020     890        14.6%
Sun Valley                      552     427        29.3%
Sunland                         530     475        11.6%
Sylmar                          540     430        25.6%
Tarzana                       1,006     995         1.1%
Temple City                     622     530        17.4%
Topanga                         848     675        25.6%
Torrance                        572     536         6.7%
Torrance                        500     428        16.8%
Torrance                        742     674        10.1%
Torrance                        604     564         7.1%
Torrance                        810     698        16.0%
Tujunga                         578     452        27.9%
Valencia                        627     520        20.6%
Valencia                        615     549        12.0%
Valley Village                  780     662        17.8%
Van Nuys                        690     500        38.0%
Van Nuys                        573     455        25.9%
Van Nuys                        544     455        19.6%
Van Nuys                        652     450        44.9%
Venice                        1,100     958        14.8%
Vernon                          655     449        45.9%
Walnut                          605     560         8.0%
West Covina                     508     403        26.1%
West Covina                     608     505        20.4%
West Covina                     435     430         1.2%
West Hills                      652     538        21.2%
Westlake Village                820     766         7.0%
Westlake Village                790     675        17.0%
Whittier                        540     542        -0.4%
Whittier                        580     550         5.5%
Whittier                        585     460        27.2%
Whittier                        522     447        16.8%
Whittier                        480     410        17.1%
Whittier                        475     400        18.8%
Wilmington                      490     411        19.2%
Winnetka                        535     460        16.3%
Woodland Hills                  745     660        12.9%
Woodland Hills                  685     690        -0.7%

Median home prices based on data provided by HomeData Corp.,
www.homedata.com.
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:market trends in housing industry
Comment:Home values still climbing despite fears of slowdown.(market trends in housing industry)
Author:Crowe, Deborah
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Apr 10, 2006
Words:5332
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