Local Market Report

Los Angeles, CA 90042

Single-Family Homes



Los Angeles, CA 90042

Tue Sep 27 2022
This week the median list price for Los Angeles, CA 90042 is $1,149,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 33. 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

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 90042

Tue Sep 27 2022
This week the median list price for Los Angeles, CA 90042 is $1,149,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has decreased to 33. 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

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 $1,149,000
Median Price of New Listings $1,196,500
Per Square Foot $694
Average Days on Market 80
Median Days on Market 49
Price Decreased 48%
Price Increased 3%
Relisted 3%
Inventory 33
Median Rent
Market Action 51
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$1,825,000 2,702 6,500 - 8,000 sqft 4 4 99 0 1 66
$1,297,499 1,883 6,500 - 8,000 sqft 4 3 90 2 1 17
$1,089,000 1,308 4,500 - 6,500 sqft 3 2 91 1 0 52
$899,999 1,482 4,500 - 6,500 sqft 3 2 96 1 2 70