Vera Nelson's Market Report

Los Angeles, CA

Single-Family Homes

Hythe Realty | Vera@hytherealty.com | 626-298-3025



Los Angeles, CA

Fri Sep 30 2022
This week the median list price for Los Angeles, CA is $1,250,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 1,410. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Los Angeles, CA

Fri Sep 30 2022
This week the median list price for Los Angeles, CA is $1,250,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 1,410. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $1,250,000
Median Price of New Listings $1,200,000
Per Square Foot $745
Average Days on Market 81
Median Days on Market 49
Price Decreased 40%
Price Increased 4%
Relisted 12%
Inventory 1,410
Median Rent
Market Action 42
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,982,500 4,014 0.25 - 0.5 acre 5 5 62 41 28 70
$1,612,000 1,965 4,500 - 6,500 sqft 3 3 81 58 52 42
$945,000 1,433 4,500 - 6,500 sqft 3 2 97 48 41 42
$609,000 1,118 4,500 - 6,500 sqft 3 1 97 58 50 49