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Los Angeles Market Report

$2,267,578

AVERAGE PRICE OF 6,432 HOMES

$2,015,184

AVERAGE PRICE OF 67 DISTRESSED HOMES

$3,565,129

AVERAGE PRICE OF 3,618 MULTI-MILLION DOLLAR HOMES

$4,332,562

AVERAGE PRICE OF 305 NEWLY BUILT HOMES

$4,878,625

AVERAGE PRICE OF 1,287 HOMES WITH A POOL

$1,911,764

AVERAGE PRICE OF 222 REDUCED PRICE HOMES

Average Home

Average Price $2,267,578
Avg Bedrooms 3.86 beds
Avg Bathrooms 3.47 baths

Average Price by Bedrooms

1 bedroom $814,308
2 bedrooms $1,170,185
3 bedrooms $1,557,636
4 bedrooms $2,162,847
5 bedrooms $2,747,331
Los Angeles Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 5,913 5,439 5,275 4,850 4,712
Average Price $2,252,536 $2,292,819 $2,266,806 $2,302,242 $2,332,555
Avg Price Change -1.79% +1.15% -1.56% -1.32% +1.36%
Median Price $1,186,423 $1,190,067 $1,176,543 $1,107,980 $1,100,000
Med Price Change -0.31% +1.15% +6.19% +0.73% -2.36%
Avg Bedrooms 3.8 beds 3.78 beds 3.79 beds 3.76 beds 3.77 beds
Avg Bathrooms 3.42 baths 3.43 baths 3.43 baths 3.43 baths 3.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Crenshaw 11 $909,172 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 6,432 $2,267,578 104 days
Distressed Homes 67 $2,015,184 107 days
Multi-Million Dollar Homes 3,618 $3,565,129 96 days
Newly Built Homes 305 $4,332,562 84 days
Homes with a Pool 1,287 $4,878,625 102 days
Reduced Price Homes 222 $1,911,764 64 days
Thunderbird Realty Company
Carly Butterfield
71-330 Hwy 111
Rancho Mirage, CA 92270
760-880-5881
DRE# 01886357

Based on information from California Regional Multiple Listing Service, Inc. as of June 24, 2024. 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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