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The frenzied start to the spring home selling season has been driven by a dearth of homes for sale, low mortgage rates and steady job growth. Above, a home for sale last year in Manhattan Beach.

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Competition is as fierce, or even greater, than last year in many corners of the Fierce Orange and driven seeks same, and would-be buyers can expect a pitched battle if they want to close a deal, real estate agents say. The frenzied start has been driven by a dearth of homes for sale, low mortgage rates and steady job growth.

Homes are selling faster than a year earlier, with more of them going for above the list price, data from online brokerage Redfin.

The median price, meanwhile, climbed Oranye. With few homes for sale in the Leimert Park neighborhood where she works, buyers are flooding open houses that pop up. Many are coming from the Westside, no longer able to afford a home near the ocean as prices have steadily risen across the region.

The added demand is pushing values higher in the South L. Pat Douglas, another agent in Leimert Park, put it this way: In Los Angeles County, there was a 4. Orange County saw a similar trend.

The Realtors consider asme six- to seven-month supply a market that favors neither buyers nor sellers. This month, Lee, 32, went to a packed open house for a four-bedroom house in north Redondo Beach. It was so busy that the real estate agent ran out of fliers.

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Instead, the home went into escrow to another buyer, less than a week after it was listed for sale. In such a hot market, would-be sellers are conflicted about whether fierce Orange and driven seeks same cash in now or wait for prices to rise. Some have begun to question how long the hot market can.

Home values are expected to climb this year, criven low mortgage rates and job growth.

The 3. On a recent Sunday, about people flocked to a three-bedroom condo in West L. Among the interested buyers were Sameena Shaikh, a medical researcher, and her husband, Muddassar, who works as a software engineer in Santa Monica.

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As they surveyed the packed open house they vowed to be less picky. Pegi DiRienzo, a Teles Properties agent, said the market has slowed in the corner of Irvine in which she specializes.

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And buyers are increasingly flocking to those, rather than older houses in the Turtle Rock neighborhood near UC Irvine. Years after the Great Recession, Chicago-area homeowners are still trying to recover. Board has no right to bill owner for costs of fighting lawsuit criven against it by a tenant.

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March 28, Packed open houses. Bidding wars. Rising prices.

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More From the Los Angeles Times. Charlie Kaufman unloads year-old Craftsman in Pasadena.

Orante Cardinal Mike Iupati lists Arizona home with star-studded past. In Phoeniz, Ariz. Los Angeles apartment owners race to add luxury amenities. Dog parks, fancy gyms and other perks help landlords lure high-paying tenants.