The Los Angeles housing market is a strong buyer's market, scoring 28 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 12,422 homes for sale and 5.2 months of supply. Homes in Los Angeles sold for a median of $1,042,275, down 3.5% from the prior month, or $627 per square foot. The average sale price in Los Angeles was $1,716,000, 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 31.5% of homes sell above list. 28.2% of active Los Angeles listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-10-10 and are based on 2,392 recorded sales and 12,422 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 1529 Craig Pl, San Pedro | 4/1,881 | $1,263,000 | 2026-10-10 |
| 3724 Dixie Canyon Ave, Sherman Oaks | 5/3,196 | $1,525,000 | 2026-10-09 |
| 15803 Gault St, Lake Balboa | 4/2,020 | $1,200,000 | 2026-10-09 |
| 26200 Frampton Ave Spc 32, Harbor City | 2/1,440 | $184,000 | 2026-10-09 |
| 3243 Iredell Ln, Studio City | 6/9,448 | $3,600,000 | 2026-10-09 |
| 3534 Stonehill Pl, Sherman Oaks | 3/2,016 | $1,910,000 | 2026-10-09 |
| 12925 El Dorado Ave, Sylmar | 5/2,536 | $975,000 | 2026-10-09 |
| 13080 Mindanao Way Apt 95, Marina del Rey | 4/2,300 | $1,950,000 | 2026-10-09 |
Los Angeles is currently a strong buyer's market, at 28 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 5.2 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Los Angeles sold for $1,042,275 over the last 30 days. That is down 3.5% from the month before.
The average sale price in Los Angeles was $1,716,000, above the median because a few high-priced homes pull the average up. The median ($1,042,275) 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 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 close at a median of 99.0% of their asking price, and 31.5% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 12,422 homes actively for sale in Los Angeles, about 5.2 months of supply at the current sales pace.