Is the sky falling? There is a lot of talk about the direction of the market. Here are the facts – the Los Angeles market snapshot up-to-date as of the end of January 2019.
These numbers cover all of Los Angeles. We will high-lite specific cities in future posts.
Are more homes on the market?
- Today – 2,369
- 1 month ago – 2,384
- 1 year ago – 1,631
Are prices falling? (Median List Price)
- Today – $975,000
- 1 month ago – $950,000
- 1 year ago – $999,000
What is the average length of time on the market?
- Today – 54 days
- 1 month ago – 54 days
- 1 year ago – 40 days
What is the median house size?
- Today 1,593 sq. ft.
- 1 month ago – 1,580 sq. ft.
- 1 year ago – 1,730 sq ft.
What is the median price per square foot?
- Today – $642
- 1 month ago – $639
- 1 year ago – $638
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