Los Angeles, CA metro area Housing Market

Warm Market

Comprehensive housing market data for the Los Angeles, CA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$913K

1.3% YoY

Days on Market

45 days

7.1% YoY

Active Inventory

15,599

7.6% YoY

Homes Sold

4,244

4.0% YoY

Warm Market

The market is active with moderate buyer demand.

Los Angeles, CA metro area Market Summary

The Los Angeles, CA metro area housing market is heating up. As of March 2026, the median home sale price is $913K, down 1.3% year-over-year. Homes are spending a median of 45 days on the market, 7.1% longer than a year ago.

There are 15,599 homes for sale — 7.6% fewer than last year. With 3.7 months of supply, this is a seller's market. 6,838 new listings were added during this period, down 2.7% year-over-year.

Homes are selling for 99.8% of their list price on average, suggesting room for negotiation. 39.6% of homes sell above their asking price. 21.7% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

57

Contributing Factors

Months of Supply 3.7
Days on Market 45
Price Drops 21.7%
Sale-to-List Ratio 99.8%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 109.1%
Days on Market (National: 55) 18.2%
Inventory (National: 1,314,690) 98.8%

vs. California Median

Median Price (California: $855K) 6.7%
Days on Market (California: 37) 21.6%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 109% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Los Angeles, CA metro area Market Trends

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Detailed Market Metrics

Median List Price

$985K

Price per Sq Ft

$593

Sale-to-List Ratio

99.8%

Months of Supply

3.7

Sold Above List

39.6%

Price Drops

21.7%

New Listings

6,838

2.7% YoY

Pending Sales

5,245

Off Market in 2 Weeks

35.4%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.