The Los Angeles housing market is somewhat competitive. Homes in Los Angeles receive 3 offers on average and sell in around 67 days. The median sale price of a home in Los Angeles was $1.1M last month, up 9.0% since last year. The median sale price per square foot in Los Angeles is $661, up 2.3% since last year.
What is the housing market like in Los Angeles today?
In February 2025, Los Angeles home prices were up 9.0% compared to last year, selling for a median price of $1.1M. On average, homes in Los Angeles sell after 67 days on the market compared to 49 days last year. There were 1,339 homes sold in February this year, up from 1,290 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,060,000
+9.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Los Angeles, CA
$1,060,000
+9.0%
United States
To compare other locations to the Los Angeles and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Los Angeles's median sale price is 154% higher than the national average. Overall cost of living in Los Angeles is 49% higher than the national average. Learn which home features in Los Angeles add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Los Angeles housing market?
Los Angeles is somewhat competitive. Homes sell in 49 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 49 days.
Hot homes
can sell for about 3% above list price and go pending in around 21 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Los Angeles
Explore recent offers and recently sold homes in Los Angeles
Recent offers
Winning Offer|
9 Weeks Ago
~$1.25M Offer
3bd | 2ba | ~1,250sqft
Over List Price
0%
Days on Market
29
Competing Offers
5
Down Payment
—
Brooke McCreary
Los Angeles Redfin Agent
They had a terrible first escrow where the Buyer backed out last minute. (Seller could have done after their EMD but just canceled and got it back on market.) They had 5 offers originally and were in contract at $2,200,000. After they canceled, they struggled to find a new Buyer. Anna and Ben got a wonderful deal on this house!…
More
Offer Not Accepted|
5 Weeks Ago
~$850K Offer
Sold for $850K
3bd | 3ba | ~1,500sqft
Over List Price
1%
Days on Market
15
Competing Offers
5
Down Payment
~20%
Rafael Gevorkian
Los Angeles Redfin Agent
Multiple offers. They countered 850. We went in 852 someone went in at 872. We are first in Back Up.
Offer Not Accepted|
3 Weeks Ago
~$1.5M Offer
Sold for $1.5M
4bd | 2.75ba | ~2,500sqft
Over List Price
0%
Days on Market
7
Competing Offers
5
Offer
All Cash
Alin Glogovicean
Los Angeles Redfin Agent
Came in with cash offer and accepted the sellers multiple counter offer price yet they decided to go with another offer that likely went even higher.…
Balboa Gifted/High Ability Magnet Elementary School
Public • 1-5
686
Students
43 reviews
10/10
Broadway Elementary School
Public • K-5
511
Students
90 reviews
10/10
Lincoln Elementary School
Public • K-5
413
Students
12 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Los Angeles housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Los Angeles.
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Los Angeles has a moderate risk of flooding. 39,519 properties in Los Angeles are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Los Angeles. Flood risk is increasing slower than the national average.
30% of properties are at risk of wildfire over the next 30 years
Fire Factor
Los Angeles has a major risk of wildfire. There are 206,811 properties in Los Angeles that have some risk of being affected by wildfire over the next 30 years. This represents 30% of all properties in Los Angeles.
Los Angeles has minimal risk of severe winds over the next 30 years
Wind Factor
Los Angeles has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.