New figures from the California Association of Realtors confirm that home sales in Los Angeles County declined in January, with the median price and sales retreating by double digits.

The median price of a home in the county fell 18 percent from the same month last year to $469,420, while sales dropped 39 percent year-over year and slipped 4.8 percent from December.

The Business Journal reported somewhat similar numbers earlier this month. According to figures supplied by HomeData Corp., the median price of homes that sold in the county was $496,000, or 9.7 percent less than the same month last year. It also was 3 percent lower than the previous month’s median. Both sources show that the median was below $500,000.

According to the realtors, the median price statewide fell 22 percent to $430,370 while sales fell 30 percent.

The unsold inventory for the state more than doubled to 17 months. That’s how long it would take to sell the existing inventory of homes on the market at the current sales pace.

Thirty-year fixed-mortgage interest rates averaged 5.76 percent during January, down from 6.22 percent a year earlier, while adjustable-mortgage rates averaged 5.23 percent, also down from 5.47 percent the previous year.