Hottest and Coldest Markets in Los Angeles

Painful for some, awesome for others!

Here are the stats

Highs and Lows
Here are the Southern California communities with the greatest increases and greatest decreases in value comparing the first quarters of 2007 and 2008, based on at least 20 sales. The median sales prices are for existing, detached homes.

Biggest gains
Community ZIP Code Q1-2007 Q1-2008 % change
Newport Beach 92663 $1,649,000 $2,750,000 66.8%
Indian Wells 92210 $ 970,000 $1,352,500 39.4%
Newport Coast 92657 $2,048,750 $2,610,000 27.4%
West Hollywood 90069 $1,690,000 $2,121,000 25.5%
Santa Barbara 93108 $2,866,364 $3,587,500 25.2%
Irvine 92603 $1,430,000 $1,687,500 18.0%
Rancho Palos Verdes 90275 $995,000 $1,170,000 17.6%
Palos Verdes Peninsula 90274 $1,425,000 $1,659,500 16.5%
Brentwood 90049 $1,815,000 $2,100,000 15.7%
San Diego 92107 $725,000 $829,500 14.4%

Biggest losses
Community ZIP Code Q1-2007 Q1-2008 % change
Hemet 92543 $250,000 $130,000 -48.0%
Twentynine Palms 92277 $150,000 $85,000 -43.3%
Moreno Valley 92553 $355,000 $201,500 -43.2%
Sun City 92587 $560,000 $322,500 -42.4%
Paramount 90723 $450,000 $260,000 -42.2%
Palmdale 93550 $325,000 $190,000 -41.5%
Moreno Valley 92551 $375,000 $229,500 -38.8%
Oxnard 93033 $520,000 $320,000 -38.5%
Lancaster 93534 $290,000 $180,000 -37.9%
Adelanto 92301 $283,000 $176,000 -37.8%