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Los Angeles Real Estate Overview

Today, December 7, 2009

Market View for Los Angeles

Info
Avg. Listing Price $1,215,498 Wk ending Nov 25
+$4,880
+0.4%
w-o-w
Median Sales Price $299,000 Aug '09 - Oct '09
-$66,858
-18.3%
y-o-y
6,586Homes For Sale 24Open Homes
10,034Recently Sold 14,506Foreclosures

Market Trends for Los Angeles

Embed Info
Listing price – Los Angeles
Average Listing Price
$1,215,498
+0.4%
w-o-w
Median Sales Price
$299,000
-18.3%
y-o-y
Average price/sqft
$260
-16.4%
y-o-y
Number of Sales
4,940
+19.2%
y-o-y
More Los Angeles Market Trends
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Home Prices for Los Angeles

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 25
 
w-o-w

Hollywood Hills
$2,390,909
+1.0%
Bel Air
$6,142,059
0.0%
Brentwood
$4,091,316
+0.7%
Silver Lake
$705,781
+2.3%
Mid City
$646,198
-0.5%
 
Movers & Shakers
Avg. listing price
Week ending Nov 25
 
w-o-w

Chinatown
$448,414
-15.5%
Westlake
$345,235
-8.8%
Los Feliz
$1,732,356
+7.5%
Montecito Heights
$415,278
+6.8%
Vermont Harbor
$279,839
+6.5%
 
View Los Angeles Home Prices Map
 

Los Angeles Summary

Average price per square foot for Los Angeles CA was $260, a decrease of 16.4% compared to the same period last year. The median sales price for homes in Los Angeles CA for Aug 09 to Oct 09 was $299,000 based on 4,940 home sales. Compared to the same period one year ago, the median home sales price decreased 18.3%, or $66,858, and the number of home sales increased 19.2%.

There are currently 6,586 resale and new homes in Los Angeles on Trulia, including 24 open houses, as well as 14,506 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Los Angeles CA was $1,215,498 for the week ending Nov 25, which represents an increase of 0.4%, or $4,880, compared to the prior week. Popular neighborhoods in Los Angeles include Hollywood Hills and Bel Air, with average listing prices of $2,390,909 and $6,142,059.

 

Community Info for Los Angeles

Info
More Los Angeles Community Info

Homes for Sale in Los Angeles

1240 South Corning Street #108, Los Angeles CA
1240 S Cor…
$406,900
2 br  2 ba
801 Lorraine Boulevard #11, Los Angeles CA
801 Lorrai…
$450,000
2 br  2 ba
6017 South La Brea Avenue, Los Angeles CA
6017 S La…
$304,900
2 br  2 ba
5721 South Harcourt Avenue, Los Angeles CA
5721 S Har…
$275,000
2 br  1 ba
10787 Wilshire Boulevard #804, Los Angeles CA
10787 Wils…
$575,000
3 br  2 ba
623 West 101st Street, Los Angeles CA
623 W 101st…
$168,000
2 br  1 ba
View all Los Angeles Homes for Sale
 
Stats & Trends
Los Angeles

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Hollywood Hills

Bel Air

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Nearby Cities

Cities
Median
sales price
Average
listing price
Huntington Park
$218,957
$243,163
Maywood
$233,500
$274,637
South Gate
$233,950
$268,290
Bell
$247,500
$272,734
Bell Gardens
$299,410
$285,167
Cudahy
$231,276
$288,409

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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