Maher Halim, Listing Office: US Realty & Loans
Los Angeles County Housing Market Report December 2024•Los Angeles County, California
Housing Prices in Los Angeles County, CA
How much do homes in Los Angeles County, CA cost?
Housing Market Conditions
Is Los Angeles County, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Los Angeles County is a Seller's Market
Difference Since December 2023
Since last year, Los Angeles County has remained a Seller's Market.
Los Angeles County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Los Angeles County have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Los Angeles County was $899,434 in December 2024, up 5.8% from last year, and the median price per square foot was $599.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Orange County | $1.0M | $1.1M | +12.9% |
Los Angeles County | $849.9K | $899.4K | +5.8% |
San Bernardino County | $499.8K | $526.2K | +5.3% |
Ventura County | $829.1K | $869.1K | +4.8% |
Kern County | $350K | $355.1K | +1.5% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $499K | $504.1K | +1.0% |
22 Bedrooms | $686.9K | $720.1K | +4.8% |
33 Bedrooms | $826.2K | $871.3K | +5.5% |
44 Bedrooms | $989.1K | $1.0M | +8.4% |
55+ Bedrooms | $1.6M | $1.7M | +4.1% |
Summary: Los Angeles County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +1.0%. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +5.5%. The home price for 4 bedroom homes increased by +8.4%. The home price for 5 bedroom homes increased by +4.1%.
Housing supply in Los Angeles County, CA
How many homes are available in Los Angeles County, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
15,993Last MonthDec 2024 | ||
17,3952 months agoNov 2024 | -8.1 % Change MoMNov – Dec |
Summary: The Los Angeles County real estate market had 15,993 homes for sale in Dec 2024, a 8.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3,647Last MonthDec 2024 | ||
3,5882 months agoNov 2024 | +1.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 838 | 803 | -4.2% |
22 Bedrooms | 3,567 | 3,260 | -8.6% |
33 Bedrooms | 5,953 | 5,353 | -10.1% |
44 Bedrooms | 3,971 | 3,604 | -9.2% |
55+ Bedrooms | 3,066 | 2,973 | -3.0% |
Summary: Los Angeles County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -4.2%. The inventory for 2 bedroom homes decreased by -8.6%. The inventory for 3 bedroom homes decreased by -10.1%. The inventory for 4 bedroom homes decreased by -9.2%. The inventory for 5 bedroom homes decreased by -3.0%.
Asking Price vs. Sold Price
How much do homes in Los Angeles County, CA cost?
Over Asking Price1,399 Homes
At Asking Price586 Homes
Under Asking Price1,662 Homes
If you're buying a home in Los Angeles County, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.
Summary: A total of 3,647 homes were sold or pending in Los Angeles County in December 2024, up by 1.6% month-over-month. Of the 3647 sold homes, 46% were sold under asking, 16% were sold at asking, and and 38% were sold over asking.
Days on Market for Los Angeles County, CA
How long does it take to sell a home in Los Angeles County, CA?
Breakdown of Home Sale Times
Under 30 Days2,079 Homes
30 – 90 Days1,198 Homes
Over 90 Days367 Homes
Many homes in Los Angeles County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3647 homes were sold in Los Angeles County; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
38 DaysThis YearDec 2024 | ||
33 Days1 year agoDec 2023 | +16.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Los Angeles County had an average listing age of 38 days in Dec 2024, up by 16.9% compared to the previous year.
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Newest Listings in Los Angeles County, CA
What homes are available in Los Angeles County, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, Greater Antelope Valley MLS, Golden Empire MLS, Fresno Association of REALTORS® MLS, and Bay Area Real Estate Information Services Inc. for the period 01/01/2023 - 01/01/2025
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Greater Antelope Valley Association of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
interested in purchasing.
Copyright 2025 Fresno Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.