CA · Metro #2

Los Angeles - CA housing market

The Los Angeles metro has a typical home value of $969,589, down 0.0% from a year ago. Homes are moving fast at 19 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$969,589
+-0.0% vs. year ago
Median sale price
$959,718
+1.0% YoY
Median list price
$996,000
Sale-to-list ratio
99.6%
Selling below ask
Days on market
19d
Listings w/ price cut
19.5%
New listings / mo
7,813
-0.7% YoY
Homes for sale
22,746
+5.2% YoY
Typical rent
$2,892/mo
+1.0% YoY
Context

How to read this data

The typical home value ($969,589) is the Zillow Home Value Index for the Los Angeles - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up -0.0% over the past year. In Los Angeles - CA, that means a home worth $969,589 last year is now worth roughly $969,589.

The median sale price , what homes actually close for , is $959,718. Homes are selling at 99.6% of list price, meaning buyers have room to negotiate.

Homes listed in Los Angeles - CA sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.

About 19.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 7,813 new listings hit the market each month in Los Angeles - CA. There are currently 22,746 homes for sale, up 5.2% from a year ago.

The typical monthly rent in Los Angeles - CA is $2,892, up 1.0% year over year. For investors, the price-to-rent ratio here is roughly 28x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Covered Home Repairs
Related

Other metros in CA

MetroHome value1-yr changeDays on market
San Francisco - CA$1,145,541 -1.5% 14.0d
Riverside - CA$586,623 -1.1% 26.0d
San Diego - CA$943,055 -1.5% 16.0d
Sacramento - CA$581,956 -1.8% 12.0d
San Jose - CA$1,627,300 -1.6% 12.0d
Fresno - CA$409,800 +0.9% 19.0d
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