Los Angeles Real Estate Market

Los Angeles Real Estate Market

Median sale price for homes in Los Angeles over the last 12 months is $315,000.

Median mortgage debt is $173,271.

Additional Statistics for Single Family Homes and Condos in Los Angeles, CA
$449,690
Median Listing Price
63
Median Days on Market
3187
Active Listings
25.6%
Distressed Listings (foreclosures and short sales)
Los Angeles, CA Price Trends – Sold vs. Listed

The median list price in November for single family homes in Los Angeles is $422,750.  The list prices dropped by -0.52%from the previous month.  The price per square foot for listings in this area is $363.

The median sale price in August for single family homes is $291,217.  The sale prices dropped by -4.51%from the previous month.

The price per square foot for sales in this area is $319.

Los Angeles Real Estate Median Sold vs Listing
Los Angeles, CA Market Inventory Trends

The number of active listings in Los Angeles dropped by 6.1% from the previous month.

The median number of days active properties have been listed is 62. This is significantly shorter than the national average.

The number of sales in August dropped by 88.8% from the previous month.

Los Angeles Real Estate Property Inventory
Los Angeles, CA Property Ownership

The percent of unoccupied properties is very low in Los Angeles.  It is -8.14% below the national average.

The percent of owner occupied properties in Los Angeles is 26.7% below the national average.

The percent of rental properties in Los Angeles is 37.64% above the national average which is typical for urban areas.

Los Angeles Real Estate Property Ownership
Neighborhood and valuation information provided by Onboard Informatics      ©2012 Onboard informatics. Information deemed reliable but not guaranteed.