Local Market Report

Los Angeles, CA 90041

Single-Family Homes



Los Angeles, CA 90041

Tue May 18 2021
This week the median list price for Los Angeles, CA 90041 is $947,000 with the market action index hovering around 74. This is an increase over last month's market action index of 73. Inventory has decreased to 16. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Los Angeles, CA 90041

Tue May 18 2021
This week the median list price for Los Angeles, CA 90041 is $947,000 with the market action index hovering around 74. This is an increase over last month's market action index of 73. Inventory has decreased to 16. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Los Angeles market.
Median List Price $947,000
Median Price of New Listings $949,000
Per Square Foot $673
Average Days on Market 24
Median Days on Market 4
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent $4,800
Market Action 74
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. 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
$1,812,000 2,625 6,500 - 8,000 sqft 3 3 18 2 0 3
$1,099,500 1,652 8,000 - 10,000 sqft 3 2 92 2 2 10
$872,500 1,359 4,500 - 6,500 sqft 2 2 76 2 2 3
$777,500 950 4,500 - 6,500 sqft 2 1 99 2 1 7