Sales prices for condominiums rose 4.1% in February from the previous month and 10.0% from February, 1985, the San Fernando Valley Board of Realtors reported Monday.
The average price of condominiums sold in the area extending from North Hollywood to Agoura was $115,600, up from $111,000 in January and $105,100 a year ago. Last month, realtors sold 134 condominiums in the Valley, down from 150 in January but up from 127 a year ago.
Single-family home prices didn't fare as well, according to the report. At $154,700, the average sales price for houses was down 4% since January. Prices were up 8% from February, 1985, however. Last month 834 houses were sold, down 6.6% from January but up 4.8% from a year ago.
Temmy Walker, president of the realtors' board, discounted the apparent decline in house prices during February. She said the reported price decline was too small to indicate a trend.