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Los Angeles Market Report

$2,366,877

AVERAGE PRICE OF 4,829 HOMES

$1,450,211

AVERAGE PRICE OF 62 DISTRESSED HOMES

$4,025,665

AVERAGE PRICE OF 2,515 MULTI-MILLION DOLLAR HOMES

$6,549,147

AVERAGE PRICE OF 229 NEWLY BUILT HOMES

$5,198,069

AVERAGE PRICE OF 1,029 HOMES WITH A POOL

$2,061,868

AVERAGE PRICE OF 140 REDUCED PRICE HOMES

Average Home

Average Price $2,366,877
Avg Bedrooms 3.23 beds
Avg Bathrooms 3.09 baths

Average Price by Bedrooms

1 bedroom $733,814
2 bedrooms $1,085,351
3 bedrooms $1,486,190
4 bedrooms $2,301,255
5 bedrooms $3,236,355
Los Angeles Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 4,551 4,266 4,745 n/a 5,401
Average Price $2,384,999 $2,201,582 $2,135,024 n/a $2,090,628
Avg Price Change +8.33% +3.12% n/a n/a -0.22%
Median Price $1,083,560 $1,003,475 $1,001,840 n/a $1,023,158
Med Price Change +7.98% +0.16% n/a n/a +2.18%
Avg Bedrooms 3.27 beds 3.19 beds 3.11 beds n/a 2.9 beds
Avg Bathrooms 3.15 baths 3 baths 2.9 baths n/a 2.69 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Crenshaw 6 $932,999 114 days
Dorsey 4 $984,725 146 days
Hollywood 5 $718,800 79 days
John Marshall 5 $1,298,500 42 days
University 4 $2,649,375 112 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,829 $2,366,877 111 days
Distressed Homes 62 $1,450,211 126 days
Multi-Million Dollar Homes 2,515 $4,025,665 102 days
Newly Built Homes 229 $6,549,147 83 days
Homes with a Pool 1,029 $5,198,069 104 days
Reduced Price Homes 140 $2,061,868 69 days
RE/MAX Gold Coast
Natty Sipes
1151 S. Victoria Ave.
Oxnard, CA 93035
805-402-8532
DRE# 01894505

Based on information from California Regional Multiple Listing Service, Inc. as of March 22, 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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