Southern California Housing Market Report: March 2023


In Los Angeles, the median sale price was almost level month over month, down 2%, while the median list price was down 9%. However, the price per square foot remained stable. Homes are selling faster, with the average amount of days on the market for a single-family home hitting 16, which is a 32% decrease from the previous month. In addition, West LA inventory was up approximately 30% month over month. Keep reading for more statistics on the real estate market in Los Angeles and other Southern California metros.

Home prices





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Inventory





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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.