Los Angeles Real Estate Market Report - June 2026

Los Angeles Market Surpasses $1 Million Average Price

The average home price in Los Angeles has reached $1,072,452, marking a significant milestone in the city's real estate landscape. This figure reflects a diverse market with a wide price range from $2,100 to $16,000,000. The median price stands at $799,000, indicating a substantial gap between average and median values, suggesting a market skewed by high-end sales.

Price Breakdown by Property Type

Implications for Buyers

With 1,503 active listings and 449 new listings in the past 30 days, buyers have a moderate selection. The median price of $799,000 suggests that buyers should prepare for competitive offers, especially in desirable neighborhoods. Consider focusing on condos and townhouses, which make up 502 of the listings, offering potentially more affordable options compared to single-family homes. Act swiftly on new listings to leverage the 30-day influx of properties.

Implications for Sellers

For sellers, the $1,072,452 average price point presents an opportunity to capitalize on the high-end market. With only 1,503 active listings, supply remains limited, potentially driving up demand for well-priced properties. Highlight unique features and competitive pricing to attract buyers quickly, especially given the 449 new listings that increase competition. Sellers of high-end properties should emphasize luxury aspects to stand out in a market where the upper range reaches $16,000,000.

30-Second Takeaway

• Average home price: $1,072,452; Median: $799,000.
• 1,503 active listings, with 449 new in the last 30 days.
• Consider condos and townhouses for affordability; 502 listings available.
• Sellers should leverage limited supply and market high-end features.