Local Market Report

Los Angeles, CA 90042

Single-Family Homes



Los Angeles, CA 90042

Wed Oct 20 2021
This week the median list price for Los Angeles, CA 90042 is $989,000 with the market action index hovering around 63. This is an increase over last month's market action index of 60. Inventory has increased to 41. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Los Angeles, CA 90042

Wed Oct 20 2021
This week the median list price for Los Angeles, CA 90042 is $989,000 with the market action index hovering around 63. This is an increase over last month's market action index of 60. Inventory has increased to 41. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $989,000
Median Price of New Listings $996,500
Per Square Foot $682
Average Days on Market 65
Median Days on Market 14
Price Decreased 27%
Price Increased 2%
Relisted 5%
Inventory 41
Median Rent $3,600
Market Action 63
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
$1,362,500 1,844 4,500 - 6,500 sqft 3 2 60 2 1 24
$1,042,499 1,550 0 - 4,500 sqft 3 2 89 5 3 7
$937,000 1,388 4,500 - 6,500 sqft 3 2 93 3 1 7
$800,000 1,114 4,500 - 6,500 sqft 3 2 98 2 2 21