Market Report

Los Angeles, CA 90077 - Bel Air

Single-Family Homes

Chartwell Escrow



Los Angeles, CA 90077 - Bel Air

Thu Mar 23 2023
This week the median list price for Los Angeles, CA 90077 - Bel Air is $9,995,000 with the market action index hovering around 27. This is less than last month's market action index of 29. Inventory has held steady at or around 72. 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.

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Los Angeles, CA 90077 - Bel Air

Thu Mar 23 2023
This week the median list price for Los Angeles, CA 90077 - Bel Air is $9,995,000 with the market action index hovering around 27. This is less than last month's market action index of 29. Inventory has held steady at or around 72. 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.

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $9,995,000
Median Price of New Listings $5,800,000
Per Square Foot $1,470
Average Days on Market 175
Median Days on Market 105
Price Decreased 25%
Price Increased 0%
Relisted 11%
Inventory 72
Median Rent
Market Action 27
Slight Buyer's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$43,750,000 14,370 1 - 2.5 acres 8 10.5 10 0 1 168
$16,495,000 9,235 1 - 2.5 acres 6 6.5 7 0 1 143
$6,847,500 5,019 0.5 - 1 acre 5 5.8 33 1 2 73
$2,049,500 2,557 0.25 - 0.5 acre 3 2.5 59 0 2 94