How much do homes in Los Angeles, CA cost?

Median List Price

$886,924

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$102,508(+13.1%)

Key Takeaway

The list price of homes in Los Angeles has increased by 13.1% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $477.1K$499K+4.6%
2 $629.5K$697.8K+10.8%
3 $749.8K$873.9K+16.5%
4 $959.4K$1.1M+22.7%
5+ $1.9M$2.3M+21.8%

Median List Price Compared To Nearby Cities

Los Angeles
+13.1%
Beverly Hills
+10.4%
Inglewood
+9.1%
West Hollywood
+3.4%
Culver City
-2.8%

How many homes are available in Los Angeles, CA?

Number of Homes For Sale

Jul 2021Aug 2021%
8,5838,422-1.9%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 581549-5.5%
2 2,1312,1310.0%
3 3,0282,972-1.8%
4 1,7011,636-3.8%
5+ 1,1421,134-0.7%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
104 Days70 Days-32.4%

Breakdown of Home Sale Times

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Key Takeaway

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About Los Angeles, CA

Los Angeles, CA has 8,422 homes for sale to choose from. Between July 2021 and August 2021, Los Angeles, CA real estate market has seen decrease in the number of listings by 1.9%. While the average time on the market in August 2021 was 70 days, the median list price was $886,924. Listing prices have changed in this real estate market between July 2021 and August 2021: prices of 1 bedroom properties increased by 4.6%, 2 bedrooms properties became 10.8% more expensive, 3 bedrooms properties became 16.5% more expensive, 4 bedrooms properties became 22.7% more expensive, the cost of 5 bedrooms properties went up by 21.8%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 5.5%, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 1.8% less available, 4 bedrooms homes inventory decreased by 3.8%, 5 bedrooms homes became 0.7% less available. In August 2021, from all listings sold in Los Angeles, CA there were more than 1292 sold above asking price, over 601 sold below and more than 261 were sold right at the asked price.

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