The median price of a typical San Fernando Valley [middle class] house hit a record $600,000 in July a whopping $111,000 increase in the past 12 months as sales maintained a strong pace.
The typical Valley house, by the numbers.
11 percent of Los Angeles County residents can afford it.
A minimum income of $139,160 qualifies you to buy it.
$3,479 a month pays for it.
In the big Los Angeles County market, 15 percent of households could afford a home priced at the median of $512,890.
By comparison, affordability nationwide in June was 48 percent.