Here is the second quarter Los Angeles real estate market report for 2016. This quarter was marked by colossal milestones in sales amongst our team. We closed June sales at $318,205,953, a 48% increase over last June, and Q1 and Q2 closing at a combined $1,074,215,420, a 19% increase from last year. You will find detailed sales figures and trends within each major region of Los Angeles in the report. Average home sales price’s in the Los Angeles market increased 7.4% this quarter over last year.