Los Angeles, CA Housing Market
Home prices in Los Angeles were up 2.3% year-over-year in September . At the same time, the number of sold homes rose by 26.6% and sell in around 48 days on average.
Los Angeles Housing Market Overview
In September 2024, home prices in Los Angeles increased by 2.3% compared to the previous year, with a median sale price of $1,001,750. The number of homes sold increased by 26.6% year-over-year, with 1,782 homes sold in 2024, compared to 1,407 in 2023. Additionally, the median time a home stayed on the market increased by 14.2%, reaching 48 days.
Median Price
$1,001,750 | YOY growth 2.3%
# Of Homes Sold
1,782 | YOY growth 26.6%
Days on Market
48 | YOY growth 14.2%
Median Price
Historical Median Price for past 24 months
Top Markets in Los Angeles
Market | Mashmeter Score | Optimal Strategy | Median Price |
|---|---|---|---|
Harbor City, CA | A | Short-term | 1,100,000 |
Mission Hills, CA | A- | Short-term | 1,100,000 |
San Pedro, CA | B+ | Short-term | 1,100,000 |
Valley Glen, CA | B+ | Short-term | 1,100,000 |
Winnetka, CA | B+ | Short-term | 1,100,000 |
Top Neighborhoods in Los Angeles
Los Angeles short term regulations
Los Angeles, CA
Rating:
Legal for non-occupied:
No
Rule Summary:
An accessory use of a Host's Primary Residence for a maximum of 120 days in a calendar year for the purpose of providing Short-Term Rental in compliance with the registration and other requirements of Los Angeles Municipal Code Section 12.22 A 32.
Rented days limit:
120
Los Angeles Top Investment Properties Under Median Price
Newly Listed Properties in Los Angeles
$1,399,000
4135 Griffin Ave, Los Angeles , CA 90031
Montecito Heights
Single Family Residential
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