Market Report

Los Angeles, CA 90034

Single-Family Homes

Chartwell Escrow



Los Angeles, CA 90034

Sat Apr 13 2024
This week the median list price for Los Angeles, CA 90034 is $1,847,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has decreased to 24. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 90034

Sat Apr 13 2024
This week the median list price for Los Angeles, CA 90034 is $1,847,000 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has decreased to 24. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $1,847,000
Median Price of New Listings $1,799,000
Per Square Foot $946
Average Days on Market 70
Median Days on Market 46
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent
Market Action 45
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$2,908,800 2,884 6,500 - 8,000 sqft 4 4 37 0 2 59
$2,037,000 2,299 4,500 - 6,500 sqft 3 3.5 70 1 0 52
$1,724,500 1,727 4,500 - 6,500 sqft 3 2 84 2 1 119
$1,274,500 1,300 4,500 - 6,500 sqft 3 2 77 0 2 24