The Los Angeles, CA housing market is a strong buyer's market, scoring 26 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 5,280 homes for sale and 5.7 months of supply. Homes in Los Angeles, CA sold for a median of $1,030,000, down 4.6% from the prior month, or $625 per square foot. The average sale price in Los Angeles, CA was $1,591,000, above the median because a few high-priced homes pull the average up. The typical home goes under contract in 63 days, sales close at 99.0% of asking price and 31.4% of homes sell above list. 27.7% of active Los Angeles, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-10-07 and are based on 887 recorded sales and 5,280 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 16643 Nanberry Rd, Encino | 4/3,170 | $1,470,000 | 2026-10-07 |
| 5253 Buffalo Ave, Sherman Oaks | 3/2,017 | $1,500,000 | 2026-10-07 |
| 14805 Chase St Unit 105, Panorama City | 2/793 | $199,000 | 2026-10-07 |
| 7921 Fallbrook Ave, West Hills | 3/1,372 | $810,000 | 2026-10-07 |
| 16029 Spur Ridge Rd, Sylmar | 4/2,276 | $870,000 | 2026-10-07 |
| 5856 Halbrent Ave, Sherman Oaks | 3/1,423 | $1,123,000 | 2026-10-07 |
| 18590 Calle Vista Cir, Porter Ranch | 3/1,818 | $1,202,500 | 2026-10-07 |
| 5505 Clybourn Ave, North Hollywood | 2/1,110 | $895,000 | 2026-10-07 |
Los Angeles, CA is currently a strong buyer's market, at 26 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 5.7 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Los Angeles, CA sold for $1,030,000 over the last 30 days. That is down 4.6% from the month before.
The average sale price in Los Angeles, CA was $1,591,000, above the median because a few high-priced homes pull the average up. The median ($1,030,000) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Los Angeles, CA take a median of 63 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 63 days is worth a second look on price.
Homes in Los Angeles, CA close at a median of 99.0% of their asking price, and 31.4% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 5,280 homes actively for sale in Los Angeles, CA, about 5.7 months of supply at the current sales pace.