Home prices are up to a nine year high in Los Angeles.
The median home price in Los Angeles is up 4% from last year to $520,000
Orange County Saw an Increase of 5.3% to $665,000 and Ventura County Median price is $519.000 which is 5.9% over last year.
The biggest percentage gains was recorded in San Bernardino county and Riverside County, up 8.7% to $299,00 and an 8% gain to a median price of $345,750
Home sales recorded in December are down 2.9% from last year while the total annual sales are up 2.1% over 2015.
The California Association of Realtors shows a very low supply of homes in the market.