Market Report

Los Angeles, CA 90077 - Bel Air

Single-Family Homes

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Los Angeles, CA 90077 - Bel Air

Fri Apr 23 2021
This week the median list price for Los Angeles, CA 90077 - Bel Air is $7,972,500 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has held steady at or around 74. 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 Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Los Angeles, CA 90077 - Bel Air

Fri Apr 23 2021
This week the median list price for Los Angeles, CA 90077 - Bel Air is $7,972,500 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has held steady at or around 74. 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 Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $7,972,500
Per Square Foot $1,298
Days on Market 126
Price Decreased 30%
Price Increased 5%
Relisted 20%
Inventory 74
Median Rent $13,800
Most Expensive $75,000,000
Least Expensive $299,000
Market Action 31
Slight Seller'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
$22,374,999 12,025 1 - 2.5 acres 7 11 13 2 1 140
$11,747,500 7,549 0.5 - 1 acre 5 7 37 2 0 80
$5,695,000 4,810 0.5 - 1 acre 4 6 32 1 0 175
$2,480,000 2,670 0.25 - 0.5 acre 4 3 58 2 0 35