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Elliman Report: Los Angeles 4Q 2015

The final quarter of the 2015 Westside and Downtown housing market in Los Angeles was characterized by rising prices and modest sales growth. Median sales price increased 8.5% to $960,000 from the year ago quarter, the highest level recorded in our 12 years of research. The year over year growth of this metric has remained consistent, rising for 14 consecutive quarters…

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