Median home value: $663,500
Median list price: $750,000
Median Sale Price: $704,500
Median price per SF: $478 per SF
LA has experienced a price increase of 8.6% over past Year, and we expect continued growth of around 3% over the next year. The market remains Cool and is a slight buyers’ market.
Los Angeles has experience growth since 2012, with home values nearly doubling since then.
With only 5.4% of homes with negative equity and only 1.0% delinquent on mortgage, Los Angeles has a very healthy market.