Los Angeles Real Estate Market Trends

Market Overview for Quarter 1, 2021


Median Sale Price

$825K

10% YoY


Median Price/Sqft

$547

8% YoY


No. of Transactions

1,988

-65% YoY


County Median Sale Price

$688K

10% YoY

In Q1, the median home sale price in Los Angeles was $825K, an increase of 10% year-over-year. By contrast, sales activity trended down with 1988 deals closed, representing a decline of -65% compared to the same period last year. The median price per square foot in Q1 was $547, a change of 8% year-over-year, while the median sale price in Los Angeles County was $688K.

Los Angeles Median Sale Price

Los Angeles Median Sale Price Per Square Foot

Los Angeles Transactions

Top Cities in Los Angeles County

Ranking City Median Sale Price
1 Malibu $4,475,000
2 Rancho Palos Verdes $1,410,000
3 Arcadia $1,247,000
4 Santa Monica $1,212,500
5 Redondo Beach $1,162,500
6 Calabasas $1,085,000
7 Torrance $877,000
8 Burbank $851,750
9 Pasadena $850,000
10 Glendale $836,500
11 Los Angeles $825,000
12 West Hollywood $799,000
13 Glendora $755,000
14 Monrovia $745,000
15 Culver City $699,000
16 Downey $673,500
17 LA Mirada $672,500
18 Diamond Bar $672,500
19 Lakewood $660,000
20 Alhambra $650,000
21 West Covina $640,000
22 Long Beach $635,000
23 Whittier $630,000
24 Santa Clarita $625,000
25 Covina $622,500
26 Gardena $615,000
27 San Dimas $598,250
28 Carson $597,000
29 Norwalk $575,000
30 Pico Rivera $555,000
31 Inglewood $550,000
32 Azusa $550,000
33 El Monte $535,000
34 Pomona $510,000
35 Baldwin Park $500,000
36 Compton $475,000
37 Palmdale $390,000
38 Lancaster $370,000

Residential Property Types Sold in Los Angeles

Property Type Median Sale Price Y-o-Y Change Median Sale Price/Sq. Ft Y-o-Y Change Transactions
Condo $575K 0% $464 -3% 555
House $945K 16% $590 15% 1,433

The Q1 median sale price for Los Angeles houses was $945K, increasing 16% year-over-year. While the median for houses was trending up, condo prices in Los Angeles remained flat year-over-year at $575K.

See also

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