RealTrends Market Report

Los Angeles, CA

Single-Family Homes

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Los Angeles, CA

Wed Apr 24 2024
This week the median list price for Los Angeles, CA is $1,649,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has increased to 1,234. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Los Angeles, CA

Wed Apr 24 2024
This week the median list price for Los Angeles, CA is $1,649,000 with the market action index hovering around 43. This is an increase over last month's market action index of 40. Inventory has increased to 1,234. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,649,000
Median Price of New Listings $1,295,000
Per Square Foot $849
Average Days on Market 101
Median Days on Market 49
Price Decreased 29%
Price Increased 4%
Relisted 12%
Inventory 1,234
Median Rent
Market Action 43
Slight Seller's Advantage

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$4,999,500 4,623 0.25 - 0.5 acre 5 5.5 39 33 17 63
$2,262,500 2,454 6,500 - 8,000 sqft 4 3 76 46 40 49
$1,250,000 1,703 4,500 - 6,500 sqft 3 2 90 59 45 35
$699,000 1,181 4,500 - 6,500 sqft 3 2 99 73 56 42