Los Angeles-Long Beach-Santa Ana, CA

Tracey Velt's Market Report

Los Angeles-Long Beach-Santa Ana, CA

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Thu Nov 21 2024
This week the median list price for Los Angeles-Long Beach-Santa Ana, CA is $1,499,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 10,029. Click here to stay informed with the Los Angeles-Long Beach-Santa Ana market!

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

Slight Seller's Advantage

Median List Price		$1,499,000
Median Price of New Listings		$1,180,000
Per Square Foot		$719
Average Days on Market		96
Median Days on Market		56
Price Decreased		29%
Price Increased		2%
Relisted		12%
Inventory		10,029
Median Rent
Market Action		43
Slight Seller's Advantage

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

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$4,950,000	4,257	8,000 - 10,000 sqft	5	4.5	34	114	185	98
$1,975,000	2,586	6,500 - 8,000 sqft	4	3	59	196	274	56
$1,195,000	1,850	6,500 - 8,000 sqft	3	2	64	265	394	42
$724,999	1,386	4,500 - 6,500 sqft	3	2	66	332	463	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$4,950,000	4,257	8,000 - 10,000 sqft	5	4.5	34	114	185	98
$1,975,000	2,586	6,500 - 8,000 sqft	4	3	59	196	274	56
$1,195,000	1,850	6,500 - 8,000 sqft	3	2	64	265	394	42
$724,999	1,386	4,500 - 6,500 sqft	3	2	66	332	463	42

Median Price	Top $4,950,000	Upper $1,975,000	Lower $1,195,000	Bottom $724,999
Sq. Ft.	4,257	2,586	1,850	1,386
Lot Size	8,000 - 10,000 sqft	6,500 - 8,000 sqft	6,500 - 8,000 sqft	4,500 - 6,500 sqft
Beds	5	4	3	3
Baths	4.5	3	2	2
Age	34	59	64	66
New	114	196	265	332
Absorbed	185	274	394	463
DOM	98	56	42	42

Tracey Velt's Market Report