Is Los Feliz, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Los Feliz was a Seller's Market.
Key Takeaway
Los Feliz is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Los Feliz, CA
How much do homes in Los Feliz, CA cost?
Median Sold Price
$2,039,500
$954/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Los Feliz have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Los Feliz was $2,039,500 in June 2024, up 6.7% from last year, and the median price per square foot was $954.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $634.5K | $775K | +22.1% |
| 2 Bedrooms | $960K | $1.1M | +17.2% |
| 3 Bedrooms | $1.8M | $2.0M | +10.2% |
| 4 Bedrooms | $2.7M | $2.4M | -13.1% |
| 5+ Bedrooms | $3.3M | $3.2M | -1.9% |
Summary: Los Feliz housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.1%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in Los Feliz, CA
How many homes are available in Los Feliz, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 83 | 85 | +2.4% |
Summary: The Los Feliz real estate market had 85 homes for sale in June 2024, a 2.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 22 | 22 | 0.0% |
Summary: The Los Feliz housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Los Feliz, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Los Feliz in June 2024, down by 17.6% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.
Days on Market for Los Feliz, CA
How long does it take to sell a home in Los Feliz, CA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 32 Days | 39 Days | +23.2% |
Summary: Homes in Los Feliz had an average of 39 days on market in Jun 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Los Feliz are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 14 homes were sold in Los Feliz; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.