Local Market Report

Los Angeles, CA 90027

Single-Family Homes



Los Angeles, CA 90027

Thu Sep 16 2021
This week the median list price for Los Angeles, CA 90027 is $2,490,000 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has increased to 38. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Los Angeles, CA 90027

Thu Sep 16 2021
This week the median list price for Los Angeles, CA 90027 is $2,490,000 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has increased to 38. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,490,000
Median Price of New Listings $1,348,888
Per Square Foot $930
Average Days on Market 57
Median Days on Market 35
Price Decreased 34%
Price Increased 5%
Relisted 11%
Inventory 38
Median Rent $7,200
Market Action 48
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$5,895,000 5,517 0.25 - 0.5 acre 5 7 91 0 0 70
$3,295,000 3,619 8,000 - 10,000 sqft 4 5 63 1 1 49
$2,174,500 2,244 4,500 - 6,500 sqft 3 3 74 0 0 24
$1,269,444 1,426 4,500 - 6,500 sqft 2 2 97 2 0 10