"Los Angeles is surrounded by valleys, but there's only one Valley..."
Hush Money, by Peter Israel
Median home: $615,000
Half of the homes sold in the San Fernando Valley in March fetched more than the median, and half sold for less. It's the highest median for the Valley on record, a 17% increase over last March. Yet, as the Daily News points out, it comes as homes are taking longer to sell so it appears that the rise in home prices is about to slow.
Posted April 19, 2006 06:11 PM








