In the Los Angeles market, the median sale price for closed sales over the trailing 12 months is $1,190,017. That means half of all homes sold came in above this figure and half below, giving you a clear baseline for pricing in Los Angeles today.
The full range of sales spans from $72,000 to $46,350,000. This enormous spread reflects the diversity of property types and locations across Los Angeles, from compact units to high-end estates, and it underscores why a single citywide average can obscure what is happening in your specific segment.
Days on Market averages 49 across all closed sales in Los Angeles. That figure represents the typical time from listing to closing, offering a practical timeline for sellers planning their move and buyers preparing to make competitive offers.
Because the median sits at $1,190,017 while the average days on market is just 49, Los Angeles continues to show a brisk pace for well-priced properties. The lower end of the price range moves quickly, while the upper end can take longer, but the 49-day average anchors expectations for the broader market.
If you are tracking Los Angeles real estate, the takeaway is straightforward: the market's central price point is approximately $1.19 million, and properties are spending an average of about seven weeks on market. Use these figures as a reference point when evaluating listings or preparing to sell in Los Angeles.
Market figures based on 8192 closed MLS sales in Los Angeles over the trailing 12 months.