Altos Market Data for Realtors

Los Angeles, CA

Single-Family Homes

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Los Angeles, CA

Sat Jul 20 2024
This week the median list price for Los Angeles, CA is $1,650,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 1,453. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Angeles, CA

Sat Jul 20 2024
This week the median list price for Los Angeles, CA is $1,650,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 1,453. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,650,000
Median Price of New Listings $1,350,000
Per Square Foot $860
Average Days on Market 98
Median Days on Market 56
Price Decreased 34%
Price Increased 4%
Relisted 12%
Inventory 1,453
Median Rent
Market Action 40
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$4,895,000 4,400 0.25 - 0.5 acre 5 5 52 16 20 77
$2,249,000 2,451 6,500 - 8,000 sqft 4 3 77 33 45 49
$1,250,000 1,624 4,500 - 6,500 sqft 3 2 88 37 48 49
$700,000 1,160 4,500 - 6,500 sqft 3 2 100 41 61 49