Neutra, Richard and Dion, VDL Research Houses and Studio · Photo: Doncram · CC BY-SA 3.018,320 homes sold in Los Angeles in the last year, at a typical $1M
About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Los Angeles homes are listed.
Every place Los Angeles homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Los Angeles.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
19% of Los Angeles’ sales are condos, at $537K less than a house
12467 houses and 3499 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 12467 sold in 12 months
- Per square foot
- $693CA $494
- Days to sell
- 52
- Sold over asking
- 38%
- Listings with a price cut
- 20%
typical sale · 3499 sold in 12 months
- Per square foot
- $590CA $561
- Days to sell
- 79
- Sold over asking
- 22%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 1460 sold, typical $1M
Townhouses: 894 sold, typical $680K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.7 times the 2016 price
18,320 sales in the last year, against 30,705 in 2021 and a low of 17,392 in 2023. The typical sale went from $604K in 2016 to $1M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.1M buys in Los Angeles
Check a listing against what Los Angeles homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Los Angeles are rarer than before the pandemic, and more homes are for sale
We read every month of Los Angeles’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 18,320 sales.
If you’re buying in Los Angeles
- Shop in January. It brings about 2468 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
- Some room to negotiate. 19% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 34% paid over.
- You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 60 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 3038 a month), but May is the most competitive: 47% of May sales close over asking. January and February offer nearly as much choice with fewer homes bid up (35%). January has the least competition (35%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like California as a whole
| Los Angeles now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 34% | 40% | 56% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 24% | 32% | 45% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 17% | 13% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 99.9% | 102.5% | 99.7% |
| Days to sellMedian days from listing to contract | 60 | 43 | 40 | 44 |
7796 homes for sale on a typical day
That’s 1.6 times the 2013 low (4846) and 16% more than in 2017–19.
1 in 5 listings has cut its price
19% in the last year, against 17% in 2017–19 and 24% across California.
Since 2019, houses are up 52%, condos 22%
A house typically sold for $1.2M in the last year (12467 sales), a condo for $689K (3499).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Los Angeles ranks 309th of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Los Angeles is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Los Angeles home costs about $5,995 a month
Price: Los Angeles’ typical sale, last 12 months. Property tax at Los Angeles’ 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Los Angeles is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 1312.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1M home, about $6,830 a year.
Taxes vs. neighborsSchools
The schools grade for Los Angeles, from test results, graduation and how much students grow.
Schools in Los AngelesTypical commute
The average one-way trip to work for people who live in Los Angeles.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Beverly Hills and Santa Monica for far more
The busier markets within 25 miles of Los Angeles, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Los Angeles | 18,320 | $1M | $636 | 34% | 60 |
| Santa Monica | 574 | $1.8M | $1,107 | 29% | 58 |
| Culver City | 293 | $1.3M | $784 | 38% | 55 |
| Beverly Hills | 270 | $4M | $1,294 | 19% | 85 |
| View Park-Windsor Hills | 91 | $1.3M | $647 | 44% | 60 |
| Ladera Heights | 60 | $1.7M | $634 | 20% | 88 |
| Marina del Rey | 42 | $800K | $642 | 14% | 83 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Los Angeles, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Los Angeles. People who follow the town see it, and so do people comparing Los Angeles with their own town. No commission, no listing fee.
Questions about buying a home in Los Angeles
What do homes sell for in Los Angeles, CA?
18,320 homes sold in the year to May 2026 at a typical $1M, $636 a square foot. Houses sold for about $1.2M, condos for about $689K.
Is Los Angeles a buyer’s or seller’s market?
A balanced market: 7770 homes were for sale in May 2026 and 1601 sold, about 4.9 months of supply. Buyers paid 99.1% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Los Angeles?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Los Angeles?
About 0.7% of a home’s value a year. On a $1M home that’s near $6,830.
Where can I see homes for sale in Los Angeles?
Zillow, Redfin, Realtor.com and Homes.com all carry Los Angeles’ MLS listings; the search links above open each one filtered to Los Angeles.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).