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Housing Prices 2013: Los Angeles vs Seattle vs Dallas

Sunday, April 28th, 2013
Posted in Reviews by Joel Gross

I have been thinking about buying residential property in Los Angeles or Seattle or Dallas. I just went and looked six places today (all condos and one rambler) in Los Angeles.

Here are some of the differences:

  • Los Angeles
    • Median price: $685,000
    • Median price per square foot: $407
    • Median sale price vs list price: 100.4% (wow!)
    • Average # of offers: 4.6
    • Average down payment: 27.8%
  • Dallas
    • Median price: $250,000
    • Average # of offers: 1.3
    • Median price per square foot: $133
    • Average down payment 16.5%
    • Median Sale vs List price 96.9%
  • Seattle
    • Median price: $475,000
    • Median price per square foot: $338
    • Median sale versus list price: 100.6%
    • Average # of offers 4.3
    • Average down payment 20%