Southern California Housing Market Report: January 2023

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Home prices in Los Angeles dropped slightly month over month in January. On average, an LA home sold for $1,500,000, at $986 per square foot. Homes were on the market in LA for an average of 44 days, dropping slightly from the previous month.

Home prices





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Inventory





high rise buildings in los angeles
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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.