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Los Angeles

Why you'd want to live in Los Angeles

Los Angeles is a trend-setting global metropolis with a fascinating history and a rich cultural heritage. LA's cultural attractions are second to none, whether it’s the Space Shuttle Endeavour, Walt Disney Concert Hall, the Getty Center or art galleries and urban art. From Transformers: The Ride-3D to legendary studios, thriving nightlife and renowned theatre productions, LA is truly the entertainment capital of the world. LA dining is acclaimed for Michelin-starred restaurants and multicultural neighborhoods alike. Sports fans know that LA is the city of champions, while active Angelenos can explore 75 miles of coastline and hundreds of miles of bike and hiking trails. Shop for everything from couture to vintage, or relax in one of LA’s world class spas. via discoverlosangeles.com

Los Angeles Market Report

$2,298,527

AVERAGE PRICE OF 4,410 HOMES

$1,700,358

AVERAGE PRICE OF 53 DISTRESSED HOMES

$3,995,737

AVERAGE PRICE OF 2,228 MULTI-MILLION DOLLAR HOMES

$6,844,310

AVERAGE PRICE OF 213 NEWLY BUILT HOMES

$5,105,672

AVERAGE PRICE OF 902 HOMES WITH A POOL

$2,346,130

AVERAGE PRICE OF 130 REDUCED PRICE HOMES

Average Home

Average Price $2,298,527
Avg Bedrooms 3.26 beds
Avg Bathrooms 3.1 baths

Average Price by Bedrooms

1 bedroom $736,763
2 bedrooms $1,074,445
3 bedrooms $1,447,374
4 bedrooms $2,247,479
5 bedrooms $3,203,886
Los Angeles Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 4,745 n/a 5,401 5,400 5,418
Average Price $2,135,024 n/a $2,090,628 $2,095,169 $2,140,241
Avg Price Change n/a n/a -0.22% -2.15% +0.15%
Median Price $1,001,840 n/a $1,023,158 $1,001,305 $1,038,464
Med Price Change n/a n/a +2.18% -3.71% -1.11%
Avg Bedrooms 3.11 beds n/a 2.9 beds 2.69 beds 2.28 beds
Avg Bathrooms 2.9 baths n/a 2.69 baths 2.51 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Crenshaw 5 $826,799 123 days
Dorsey 6 $1,147,300 109 days
Hollywood 4 $786,000 68 days
University 6 $2,339,333 79 days
Washington 3 $644,333 264 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,410 $2,298,527 120 days
Distressed Homes 53 $1,700,358 137 days
Multi-Million Dollar Homes 2,228 $3,995,737 113 days
Newly Built Homes 213 $6,844,310 101 days
Homes with a Pool 902 $5,105,672 113 days
Reduced Price Homes 130 $2,346,130 82 days
Align Homes
Sahar Moghadam
13920 City Center Dr. ST 260
Chino Hills, CA 91709
909-613-0063
DRE# 01929595

Based on information from California Regional Multiple Listing Service, Inc. as of January 30, 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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