Market Report

Los Angeles, CA 90034

Single-Family Homes

Chartwell Escrow



Los Angeles, CA 90034

Sun May 26 2024
This week the median list price for Los Angeles, CA 90034 is $1,999,999 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 27. 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

Sun May 26 2024
This week the median list price for Los Angeles, CA 90034 is $1,999,999 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 27. 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 $1,999,999
Median Price of New Listings $1,999,999
Per Square Foot $952
Average Days on Market 70
Median Days on Market 35
Price Decreased 33%
Price Increased 0%
Relisted 19%
Inventory 27
Median Rent
Market Action 51
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$3,595,000 3,708 8,000 - 10,000 sqft 5 5 37 1 1 14
$2,388,000 2,225 4,500 - 6,500 sqft 4 3 60 1 0 21
$1,895,000 2,063 4,500 - 6,500 sqft 3 2 77 3 0 91
$1,499,000 1,752 4,500 - 6,500 sqft 3 3 83 0 0 63