Market Report

Los Angeles, CA 90094

Single-Family Homes

Chartwell Escrow



Los Angeles, CA 90094

Wed Dec 11 2024
This week the median list price for Los Angeles, CA 90094 is $2,224,500 with the market action index hovering around 22. This is less than last month's market action index of 31. Inventory has decreased to 8. 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

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Los Angeles, CA 90094

Wed Dec 11 2024
This week the median list price for Los Angeles, CA 90094 is $2,224,500 with the market action index hovering around 22. This is less than last month's market action index of 31. Inventory has decreased to 8. 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

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $2,224,500
Median Price of New Listings $0
Per Square Foot $957
Average Days on Market 134
Median Days on Market 109
Price Decreased 50%
Price Increased 0%
Relisted 38%
Inventory 8
Median Rent
Market Action 22
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$2,824,000 2,404 6,500 - 8,000 sqft 3 3.5 8 0 0 98
$2,374,500 2,623 - 3 3.3 20 0 0 77
$2,199,000 2,345 - 3 3.8 21 0 0 234
$1,647,000 1,802 1 - 2.5 acres 2 2.5 15 0 0 126