Most popular
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neighborhoods
Avg. listing price
Week ending Jul 1
Week ending Jul 1
w-o-w
Movers & Shakers
Avg. listing price
Week ending Jul 1
Week ending Jul 1
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Los Angeles Real Estate Overview
Today, July 12, 2009
Market View for Los Angeles
Avg. Listing Price
$1,215,735
Wk ending Jul 01
+$19,120
+1.6%
w-o-w
+1.6%
w-o-w
Median Sales Price
$280,000
Apr '09 - Jun '09
-$140,000
-33.3%
y-o-y
-33.3%
y-o-y
w-o-w
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Los Angeles Summary
Average price per square foot for Los Angeles CA was $244, a decrease of 37.1% compared to the same period last year. The median sales price for homes in Los Angeles CA for Apr 09 to Jun 09 was $280,000 based on 4,066 home sales. Compared to the same period one year ago, the median home sales price decreased 33.3%, or $140,000, and the number of home sales increased 5.3%.
There are currently 7,021 resale and new homes in Los Angeles on Trulia, including 187 open houses, as well as 13,550 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Los Angeles CA was $1,215,735 for the week ending Jul 01, which represents an increase of 1.6%, or $19,120, compared to the prior week. Popular neighborhoods in Los Angeles include Hollywood Hills and Bel Air, with average listing prices of $2,336,584 and $6,170,687.
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