Local Market Report

Los Angeles, CA 90027

Single-Family Homes


Los Angeles, CA 90027

Sat Nov 27 2021
This week the median list price for Los Angeles, CA 90027 is $2,597,475 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has decreased to 24. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Los Angeles, CA 90027

Sat Nov 27 2021
This week the median list price for Los Angeles, CA 90027 is $2,597,475 with the market action index hovering around 49. This is an increase over last month's market action index of 45. Inventory has decreased to 24. 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,597,475
Median Price of New Listings $2,580,000
Per Square Foot $980
Average Days on Market 80
Median Days on Market 67
Price Decreased 42%
Price Increased 4%
Relisted 25%
Inventory 24
Median Rent $8,000
Market Action 49
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$7,095,000 5,039 0.25 - 0.5 acre 5 5.5 92 0 0 119
$3,100,000 3,043 0.25 - 0.5 acre 4 4.5 67 1 0 87
$2,236,944 2,419 6,500 - 8,000 sqft 3 4 52 1 2 38
$1,370,000 1,936 4,500 - 6,500 sqft 3 2 88 1 2 59