Los Angeles

Lights! Camera! Los Angeles! The City of Angels is one of the most iconic cities in the world. With housing prices dropping, it’s more affordable to live in Los Angeles and make your dreams of fame and stardom come true. 

But it’s not just Hollywood glitz and glamour that Los Angeles has to offer. If you are a foodie or just someone who likes a good meal, LA is home to some of the best and most diverse cuisine from around the world.

Real Estate Statistics

Average Price	$1.6M
Lowest Price	$695
Highest Price	$165M
Total Listings	6,914
Avg. Days On Market	100
Avg. Price/SQFT	$1.4K

Property Types (active listings)

Los Angeles

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Bathrooms

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$165,000,000

↓ $30,000,000

10644 Bellagio Rd, LOS ANGELES

7 Beds 20 Baths 0 SqFt Residential MLS® # 24-450729

$150,000,000

729 Bel Air Rd, LOS ANGELES

9 Beds 20 Baths 18,784 SqFt Residential MLS® # 24-386575

$137,500,000

↓ $17,500,000

594 S Mapleton Dr, LOS ANGELES

14 Beds 27 Baths 56,500 SqFt Residential MLS® # 23-231909

$119,950,000

1200 Bel Air Rd, LOS ANGELES

12 Beds 17 Baths 0 SqFt Residential MLS® # 24-435437

$115,000,000

10936 Chalon Rd, LOS ANGELES

9 Beds 13 Baths 14,941 SqFt Residential MLS® # 24-399189

$75,000,000

107 Delfern Dr, LOS ANGELES

10 Beds 19 Baths 21,000 SqFt Residential MLS® # 24-386085

$65,000,000

133 S Mapleton Dr, LOS ANGELES

9 Beds 14 Baths 26,522 SqFt Residential MLS® # 24-463937

$64,500,000

11740 Crescenda St, LOS ANGELES

8 Beds 13 Baths 20,000 SqFt Residential MLS® # 24-435519

$61,500,000

200 S Mapleton Dr, LOS ANGELES

10 Beds 13 Baths 17,000 SqFt Residential MLS® # 24-437007

$59,500,000

↓ $8,500,000

684 Firth Ave, LOS ANGELES

6 Beds 10 Baths 14,779 SqFt Residential MLS® # 24-357985

$57,500,000

1851 Bel Air Rd, LOS ANGELES

9 Beds 13 Baths 20,500 SqFt Residential MLS® # 24-450087

$55,000,000

↑ $25,000,000

10250 W Sunset Blvd, LOS ANGELES

14 Beds 25 Baths 30,000 SqFt Residential MLS® # 24-379209

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Buyers in LA still hold out hope for home prices to ease and plenty of properties will soon be listed in 2022. Although inventories are growing, it is not in the affordable category, and prices only flattened in April according to CAR.  They were raging this late winter. And the median home price in California did hit another all time high. And with the economy recovering somewhat, jobs up, wages rising, and millennials never wanting to give up on owning rather than renting (for their new family formation) demand is still brisk.  In fact, many investors continue to see LA as the best place to invest. If 160,000 people hadn’t left California in 2021, the housing market would be under much more pressure.

Homes sold over asking in April set a new record high of 72.8% and the normal big home sales months are just ahead.

In LA County, in April, home sales were down 13% vs last April, yet home prices hit $900,000 which is up 9.1% since last year. The sales to list price is still a strong 103.5% in April.

Please contact our offices for next steps and further insight.