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Los Angeles Market Report

$2,341,620

AVERAGE PRICE OF 4,464 HOMES

$1,712,733

AVERAGE PRICE OF 53 DISTRESSED HOMES

$4,031,656

AVERAGE PRICE OF 2,289 MULTI-MILLION DOLLAR HOMES

$6,619,491

AVERAGE PRICE OF 216 NEWLY BUILT HOMES

$5,215,228

AVERAGE PRICE OF 945 HOMES WITH A POOL

$2,010,234

AVERAGE PRICE OF 136 REDUCED PRICE HOMES

Average Home

Average Price $2,341,620
Avg Bedrooms 3.27 beds
Avg Bathrooms 3.13 baths

Average Price by Bedrooms

1 bedroom $758,142
2 bedrooms $1,080,292
3 bedrooms $1,487,706
4 bedrooms $2,177,586
5 bedrooms $3,220,048
Los Angeles Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 4,266 4,745 n/a 5,401 5,400
Average Price $2,201,582 $2,135,024 n/a $2,090,628 $2,095,169
Avg Price Change +3.12% n/a n/a -0.22% -2.15%
Median Price $1,003,475 $1,001,840 n/a $1,023,158 $1,001,305
Med Price Change +0.16% n/a n/a +2.18% -3.71%
Avg Bedrooms 3.19 beds 3.11 beds n/a 2.9 beds 2.69 beds
Avg Bathrooms 3 baths 2.9 baths n/a 2.69 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Crenshaw 6 $817,999 111 days
Dorsey 6 $1,080,617 119 days
Hollywood 5 $757,800 63 days
Jordan 4 $553,974 56 days
University 6 $2,339,333 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,464 $2,341,620 116 days
Distressed Homes 53 $1,712,733 135 days
Multi-Million Dollar Homes 2,289 $4,031,656 107 days
Newly Built Homes 216 $6,619,491 92 days
Homes with a Pool 945 $5,215,228 104 days
Reduced Price Homes 136 $2,010,234 88 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 February 9, 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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