Los Angeles is a vast coastal metropolis defined by its dramatic geography: the Pacific Ocean to the west, the Santa Monica and San Gabriel mountain ranges cutting through, and a patchwork of distinct districts from Hollywood and Downtown to beachside communities like Santa Monica and Malibu. The area offers an extensive network of parks, hiking trails, and waterfront promenades, alongside renowned cultural venues, museums, and a globally recognized entertainment industry.
Over the trailing 12 months, the Los Angeles market recorded 6,806 closed sales, with a median sale price of $1,125,000. The range of sale prices spans from $180,000 to $46,350,000, illustrating a housing landscape that includes compact condominiums, starter homes, and ultra-high-end estates on the same market.
Homes in the area spent an average of 51 days on the market, reflecting a steady pace of activity across the varied price points. From hillside properties with ocean views to walkable urban neighborhoods and quiet suburban-style streets, the inventory available in Los Angeles encompasses an unusually broad spectrum of architectural styles, lot sizes, and price tiers.
The area's amenities are equally wide-ranging: major international airports, public transit systems, celebrity-frequented restaurants, boutique shopping districts, and miles of beaches and mountain trails all lie within the city's borders. This combination of natural topography, urban infrastructure, and market depth defines the Los Angeles real estate landscape.
Market figures based on 6806 closed MLS sales in Los Angeles, CA over the trailing 12 months.