Market Report

Los Angeles, CA

Single-Family Homes

Chartwell Escrow



Los Angeles, CA

Mon Feb 06 2023
This week the median list price for Los Angeles, CA is $1,299,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 1,131. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Los Angeles, CA

Mon Feb 06 2023
This week the median list price for Los Angeles, CA is $1,299,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 1,131. Click here to stay informed with the Los Angeles market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,299,000
Median Price of New Listings $1,287,500
Per Square Foot $777
Average Days on Market 113
Median Days on Market 84
Price Decreased 33%
Price Increased 3%
Relisted 17%
Inventory 1,131
Median Rent
Market Action 39
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,495,000 4,554 0.25 - 0.5 acre 5 5 43 35 27 84
$1,799,000 2,132 4,500 - 6,500 sqft 3 3 79 35 43 77
$950,000 1,436 4,500 - 6,500 sqft 3 2 98 33 34 91
$600,000 1,100 4,500 - 6,500 sqft 3 1 98 39 53 84