Los Angeles, CA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

753

SINGLE FAMILY HOMES

Condos

254

CONDOS

Townhouses

83

TOWNHOUSES

MEANWHILE...

594

HOMES LISTED

= 10 homes
5
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$760k
$10k
$679k$729k$779kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
32Homes
1-3
MONTHS
717Homes
OVER
3 MONTHS
357Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

70
DAYS
6%
6063666972NovOctSepAugJulJun

And finally...What's the hottest street in

Los Angeles

wilshire blvd

For November 2016, Los Angeles, CA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Los Angeles, CA was 6,531 and 1,106 homes were sold.