Los Angeles Real Estate Market Statistics

> Market stats updated on May 9, 2019

Current local real estate market statistics for single family homes, condos, and townhomes within Los Angeles County, including all municipalities and unincorporated areas. The data below includes cities like Los Angeles, Beverly Hills, Santa Monica, Pasadena, Glendale, Burbank, Malibu, La Cañada Flintridge, San Marino, and South Pasadena

Los Angeles County

YEAR-OVER-YEAR

  • Sold Listings: 5,463  vs. 6,494 (Up 0.57%)
  • Active Listings: 15,520 vs. 16,989 (Up 9.47%)
  • Median Sales Price: $615,000 vs. $625,000 (Up 1.63%)
  • List-to-Sold Price Ratio: 90.57% vs. 89.41% (Down 1.16%)
  • Days on Market: 32 vs. 42 (Up 31.25%)

City of Los Angeles

If we start pruning rural areas and focus within the city limits of Los Angeles, here's how the data latest data looks:

YEAR-OVER-YEAR

  • Sold Listings: 836  vs. 815 (Down 2.51%)
  • Active Listings: 2,562 vs. 3,063 (Up 19.56%)
  • Median Sales Price: $858,108 vs. $875,000 (Up 1.97%)
  • List-to-Sold Price Ratio: 91.39% vs. 87.94% (Down 3.45%)
  • Days on Market: 34 vs. 42 (Up 23.53%)

Contact us if you need a local Realtor to help answer questions about the data above or want a break down for a specific area not itemized in this report.

Market Commentary: April 2019

Home prices in Los Angeles County and within the City of Los Angeles continue to show small increases. The number of sold single-family home, condo, and townhome listings is also up after a couple of down months. The interest rate drop from two months ago must be working its way through the system as loan applications at that time are not closing after 30 and 45-day escrow periods.

The Federal Reserve maintians a holding pattern on interest rate changes. It's fair to say the are in a "wait and see what happens" posture.

Los Angeles remains a competitive market for buyers. The number of Days on Market and Active LIstings (inventory) continue to higher than last year. Yet, median Sales Prices, continue to eek out decent, single-digit gains.

Wondering what that means for your home's value? Feel free to get in touch with us anytime to discuss or, if you prefer, simply fill out our home valuation form.

Methodology

The infographic above includes year-over-year real estate market statistics for Los Angeles County. The data includes single-family homes, condos, and townhomes. Based on information from the California Regional Multiple Listing Service (CRMLS) for the period April 1, 2019 and April 30, 2019. CRMLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by CRMLS may not reflect all real estate activity in the market.