Local Market Report

Los Angeles, CA 90041

Single-Family Homes


Los Angeles, CA 90041

Thu Sep 16 2021
This week the median list price for Los Angeles, CA 90041 is $1,197,000 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has decreased to 22. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 90041

Thu Sep 16 2021
This week the median list price for Los Angeles, CA 90041 is $1,197,000 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has decreased to 22. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,197,000
Median Price of New Listings $1,199,000
Per Square Foot $774
Average Days on Market 46
Median Days on Market 18
Price Decreased 18%
Price Increased 14%
Relisted 14%
Inventory 22
Median Rent $4,900
Market Action 64
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,650,000 2,875 6,500 - 8,000 sqft 4 4 97 2 0 7
$1,388,000 1,842 8,000 - 10,000 sqft 3 2 99 2 2 28
$1,171,250 1,405 4,500 - 6,500 sqft 3 2 96 1 1 28
$899,000 1,337 4,500 - 6,500 sqft 2 2 97 2 2 84