#25482465, Michael Pines, Listing Office: The Condo Experts
West Los Angeles Housing Market Report January 2025•Los Angeles County, California
Housing Prices in West Los Angeles, CA
How much do homes in West Los Angeles, CA cost?
Housing Market Conditions
Is West Los Angeles, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
West Los Angeles is a Buyer's Market
Difference Since January 2024
At the same time last year, West Los Angeles was a Seller's Market.
West Los Angeles is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in West Los Angeles have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in West Los Angeles was $1,312,500 in January 2025, down 12.1% from last year, and the median price per square foot was $750.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Century City | $1.4M | $1.4M | -0.6% |
Cheviot Hills | $2.8M | $2.7M | -4.0% |
Westwood | $1.3M | $1.2M | -4.6% |
West Los Angeles | $1.4M | $1.3M | -12.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $583.2K | $599K | +2.7% |
22 Bedrooms | $1.0M | $1.0M | 0.2% |
33 Bedrooms | $1.7M | $1.7M | -5.1% |
44 Bedrooms | $2.2M | $2.6M | +17.3% |
55+ Bedrooms | $3.6M | $3.0M | -14.4% |
Summary: West Los Angeles housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.7%. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes decreased by -5.1%. The home price for 4 bedroom homes increased by +17.3%. The home price for 5 bedroom homes decreased by -14.4%.
Housing supply in West Los Angeles, CA
How many homes are available in West Los Angeles, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthJan 2025 | ||
412 months agoDec 2024 | +41.5 % Change MoMDec – Jan |
Summary: The West Los Angeles real estate market had 58 homes for sale in Jan 2025, a 41.5 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthJan 2025 | ||
92 months agoDec 2024 | -22.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 16 | 27 | +68.8% |
33 Bedrooms | 10 | 11 | +10.0% |
44 Bedrooms | 7 | 9 | +28.6% |
55+ Bedrooms | 7 | 9 | +28.6% |
Summary: West Los Angeles housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +68.8%. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes increased by +28.6%. The inventory for 5 bedroom homes increased by +28.6%.
Asking Price vs. Sold Price
How much do homes in West Los Angeles, CA cost?
Over Asking Price2 Homes
At Asking Price0 Home
Under Asking Price5 Homes
If you're buying a home in West Los Angeles, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in West Los Angeles in January 2025, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and and 29% were sold over asking.
Days on Market for West Los Angeles, CA
How long does it take to sell a home in West Los Angeles, CA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days3 Homes
Over 90 Days2 Homes
Avg time on Rocket Homes in West Los Angeles has remained consistent over time.
Summary: During January 2025, 7 homes were sold in West Los Angeles; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
59 DaysThis YearJan 2025 | ||
32 Days1 year agoJan 2024 | +85.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in West Los Angeles had an average listing age of 59 days in Jan 2025, up by 85.3% compared to the previous year.
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Newest Listings in West Los Angeles, CA
What homes are available in West Los Angeles, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 02/01/2023 - 02/01/2025
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: 2/1/2025, 8:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.