Local Market Report

Los Angeles, CA 90042

Single-Family Homes



Los Angeles, CA 90042

Fri May 27 2022
This week the median list price for Los Angeles, CA 90042 is $1,117,500 with the market action index hovering around 76. This is less than last month's market action index of 80. Inventory has increased to 44. 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 started cooling and prices have recently plateaued. Since 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

Fri May 27 2022
This week the median list price for Los Angeles, CA 90042 is $1,117,500 with the market action index hovering around 76. This is less than last month's market action index of 80. Inventory has increased to 44. 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 started cooling and prices have recently plateaued. Since 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 $1,117,500
Median Price of New Listings $1,199,500
Per Square Foot $763
Average Days on Market 52
Median Days on Market 18
Price Decreased 23%
Price Increased 2%
Relisted 9%
Inventory 44
Median Rent
Market Action 76
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$1,515,000 2,198 6,500 - 8,000 sqft 3 3 62 3 1 28
$1,275,000 1,628 4,500 - 6,500 sqft 3 2 95 4 5 21
$990,000 1,383 0 - 4,500 sqft 3 2 91 3 4 14
$849,900 991 0 - 4,500 sqft 2 1 101 2 0 7