Thank you to the LA Times “LA Land” blog post today, for providing these figures today on the best and the worst of Los Angeles County zip codes, with respect to home value appreciation (remember what that is?), and depreciation.
Here is a look at the Hot and Cold Zips:
Hottest
Area/zip % change Oct. 07 median sales price
Beverly Hills/90210 192% $3.65 million
Beverly Hills/90212 71.8% $2.19 million
Sherman Oaks/91403 66.7% $1.27 million
Pacific Palisades/90272 41.8% $2.69 million
LA/Brentwood/90049 32.4% $2.25 million
LA/Rancho Park/90064 31.0% $1.31 million
LA/90027 30.7% $1.24 million
Palos Verdes/90274 24.8% $1.50 million
Rowland Heights/91748 22.6% $650,000
Manhattan Beach/90266 16.4% $1.66 million
Coldest
Tujunga/91402 -37.2% $386,000
Malibu/90265 -34.9% $1.59 million
Palmdale/903550 -29.9% $235,000
Downey/90240 -26.8% $504,000
Encino/91316 -25.9% $515,000
Lancaster/93534 -25.0% $224,000
Lancaster/93535 -24.1% $239,000
LA/Windsor Hills/90043 -23.9% $415,000
LA/Firestone Park/90001 -23.9% $350,000
Downey/90242 -23.0% $423,000
The LA Times “LA Land Blog” retreived this information from Dataquick’s October 2007 Sales Report, and from that, they only looked at zip codes that had at least 10 or more sales in October, to give a more accurate picture of fluctuating home values. These numbers are the difference between median sales prices between October 2006 through October 2007. In general, looking at these numbers, it pays to own a home over $1.2 million! I guess there is something to that line, ” The rich keep getting richer.” 
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