In Los Angeles, the median sale price decreased by 5% month-over-month (MoM) in April, while the median list price saw a 10% increase. The average price per square foot also increased, showing about an 8% growth. Homes are selling faster, with the average number of days on the market for a single-family home dropping to 12 — a 22% decrease from the previous month. Additionally, the inventory in West LA experienced approximately a 20% increase month-over-month. Keep reading for more statistics on the real estate market in Los Angeles and other Southern California metropolitan areas.
Home prices
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Inventory
Our research team analyzed the competition in select local areas.
Westside LA data is for Culver City, Santa Monica, Century City, Sawtelle, and Redondo Beach.
San Gabriel Valley data is for Pasadena, Arcadia, La Verne, Rowland Heights, Diamond Bar, West Covina, and Hacienda Heights.
San Diego data is for postal codes 92130, 92131, 92129, 92128, 92064, 92127, 92009, 92010 92120, 92024, 92117, 92122, 92126, 92121, 92104, 92101.
