Is Ladera Heights, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ladera Heights was a Neutral Market.
Housing Prices in Ladera Heights, CA
How much do homes in Ladera Heights, CA cost?
Median Sold Price
$1,637,500
$611/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Ladera Heights was $1,637,500 in March 2024, up 7.7% from last year, and the median price per square foot was $611.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $605K | $625K | +3.3% |
3 Bedrooms | $1.3M | $1.4M | +3.4% |
4 Bedrooms | $1.8M | $1.9M | +10.8% |
5+ Bedrooms | $2.5M | $1.8M | -27.0% |
Summary: Ladera Heights housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 27%.
Housing Supply in Ladera Heights, CA
How many homes are available in Ladera Heights, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Summary: The Ladera Heights real estate market had 15 homes for sale in March 2024, a 16.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Ladera Heights housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Ladera Heights in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Ladera Heights, CA
How long does it take to sell a home in Ladera Heights, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
3 Days | 39 Days | +1028.6% |
Summary: Homes in Ladera Heights had an average of 39 days on market in Mar 2024, up by 1028.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Ladera Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.