Avezta Realty International Corp.

Los Angeles Real Estate Market Report

Executive Summary

DB
Dan Braun

The Los Angeles, CA real estate market is currently classified as a buyer's market. The median asking price is $749K, down 18.0% over the past 30 days.

There are currently 2,725 active listings, representing 8.9 months of inventory. 570 properties have sold in the past 90 days at a median sold price of $800K. Inventory has increased 45.2% compared to last month.

Currently, listings spend an average of 43 days on market and the average price per square foot is $492.

Detached properties make up the largest share of the Los Angeles market at 54% of active listings with an average price of $934K. Condo listings follow at 33% (avg $617K).

Sales Activity & Absorption

Volume

306
Sold (30d)
570
Sold (90d)
43
Avg DOM
848
New (30d)

Market Signals

971
Price Cuts (30d)
192
New (7d)
80%
Sell-Through
96.6%
List-to-Sale

306 properties sold in the past 30 days, 848 new listings appeared in the past month, 971 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
8.9months
Strong Buyer's Market
Sell-Through Rate80.3%
Inventory Change (30d)+45.2%
Site Active Listings2,725

With 8.9 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
NORTH GLASSELL CONDOS12$1.2M
OUT OF AREA5$1.1M
Avg 4 schools nearbyAvg 3 parks nearbyAvg 14 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $749K, 20% down, 25yr amortization
$3,485/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Los Angeles market currently has 2,725 active listings with a median price of $749K and 8.9 months of inventory.

  • High inventory (8.9 months) favors buyers
  • Prices declining (-18% in 30 days)
  • High price reduction rate (36% of listings)
  • High sell-through rate (80%)
  • Average price per square foot is $492
  • Sold properties averaged 9 days on market

For Buyers

With more inventory and less competition, buyers in Los Angeles have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 192 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 971 listings have reduced their price in the past 30 days. The current sell-through rate is 80%.

Data sourced from San Diego MLS active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Resources

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Homes for Sale in Los Angeles2,725 active listingsCost of Living in Los AngelesHousing, rent & expensesSold Data in Los AngelesRecent sales & prices

Market data is calculated from active and recently sold MLS listings as of April 1, 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Based on information from California Regional Multiple Listing Service (CRMLS). This data is for informational purposes only and may not reflect all real estate activity in the market. Information deemed reliable but not guaranteed.