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Los Angeles Market Report

$2,192,570

AVERAGE PRICE OF 5,039 HOMES

$1,335,127

AVERAGE PRICE OF 49 DISTRESSED HOMES

$3,612,144

AVERAGE PRICE OF 2,702 MULTI-MILLION DOLLAR HOMES

$4,672,670

AVERAGE PRICE OF 258 NEWLY BUILT HOMES

$4,607,975

AVERAGE PRICE OF 1,029 HOMES WITH A POOL

$2,199,353

AVERAGE PRICE OF 160 REDUCED PRICE HOMES

Average Home

Average Price $2,192,570
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $746,846
2 bedrooms $1,085,076
3 bedrooms $1,504,514
4 bedrooms $2,313,053
5 bedrooms $2,951,994
Los Angeles Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 4,973 4,774 4,764 4,551 4,266
Average Price $2,214,161 $2,267,128 $2,388,794 $2,384,999 $2,201,582
Avg Price Change -2.39% -5.37% +0.16% +8.33% +3.12%
Median Price $1,135,250 $1,102,766 $1,096,274 $1,083,560 $1,003,475
Med Price Change +2.95% +0.59% +1.17% +7.98% +0.16%
Avg Bedrooms 3.1 beds 3.11 beds 3.22 beds 3.27 beds 3.19 beds
Avg Bathrooms 2.93 baths 2.96 baths 3.09 baths 3.15 baths 3 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Crenshaw 5 $828,980 71 days
Eagle Rock 5 $1,229,590 107 days
Fairfax 4 $1,331,600 123 days
Hollywood 7 $656,500 40 days
University 5 $3,836,400 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 5,039 $2,192,570 110 days
Distressed Homes 49 $1,335,127 161 days
Multi-Million Dollar Homes 2,702 $3,612,144 101 days
Newly Built Homes 258 $4,672,670 87 days
Homes with a Pool 1,029 $4,607,975 108 days
Reduced Price Homes 160 $2,199,353 67 days
Thunderbird Realty Company
Carly Butterfield
71-330 Hwy 111
Rancho Mirage, CA 92270
760-880-5881
DRE# 01886357

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
Based on information from California Regional Multiple Listing Service, Inc. as of June 4, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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