Let’ see how Los Angeles real estate is doing compared with the same period in 2011. The +/- and percentage differences are over the first nine months of 2011.
Other areas have their own separate reports, with links shown below.
(Blue is a sellers’ market, red a buyers’ market and white a stable market).
Information taken from the MLS/CLAW deemed reliable buy not guaranteed
| Community | Active 2012 |
Sold 2012 |
+/- | Median 2012 |
%+/- | % Sold vs List Price |
Months Inventory |
| Bel Air/Holmby Hills | 93 | 111 | -13 | $1,662,000 | 8.80 | 92.05 | |
| Beverly Center | MM | 30 | 155 | +19 | $875,000 | -2,45 | 97.88 | |
| Beverly Hills P.O. | 82 | 128 | +20 | $1,825,000 | -2.49 | 93.71 | |
| Beverlywood | 35 | 158 | +48 | $751,250 | -0.17 | 97.84 | |
| Cheviot Hills/Rancho Pk | 11 | 55 | -11 | $1,280,000 | 11.30 | 96.65 | |
| Hollywood | 11 | 46 | +16 | $460,000 | 7.98 | 99.27 | |
| Hollywood Hills E. | 59 | 125 | +19 | $850,000 | -0.93 | 97.89 | |
| Hollywood Hills W/Sunset | 186 | 305 | +32 | $1,212,000 | -12.74 | 94.24 | |
| Los Feliz/Atwater Village* | 61 | 178 | 7 | $897,500 | 4.19 | 99.54 | |
| Malibu | 193 | 172 | +52 | $1,962,500 | 2.99 | 90.09 | |
| Marina Del Rey | 10 | 41 | +12 | $1,420,000 | 43.43 | 94.53 | |
| Pacific Palisades | 95 | 208 | -2 | $1,872,500 | 15.81 | 96.94 | |
| Palms/Mar Vista | 45 | 242 | +25 | $735,000 | 2.23 | 99.76 | |
| Playa Del Rey | 9 | 45 | +14 | $868,000 | -4.62 | 97.43 | |
| Playa Vista | 2 | 7 | -6 | $1,000,000 | -4.76 | 95.00 | |
| Silver Lake | Echo Park | 41 | 234 | +41 | $551,000 | -1.42 | 99.54 | |
| Studio City | 59 | 217 | +6 | $840,000 | -4.09 | 97.29 | |
| Venice | 46 | 153 | +10 | $1,025,000 | 14.02 | 96.90 | |
| West Los Angeles | 22 | 58 | -1 | $644,500 | 8.32 | 96.86 | |
| Westchester | 22 | 213 | +34 | $627,000 | 1.88 | 98.99 |
Sales of single family homes are up over the same period last year except in Holmby Hills, Cheviot Hills and Pacific Palisades, Playa Vista and West Los Angeles.
Median price changes vary by areas and show no distinct trend.
Except for Bel Air and Malibu, Los Angeles real estate continues to be a sellers’ market, with inventory low.
Los Angeles Condos
| Community | Active 2012 |
Sold 2012 |
+/- | Median 2012 |
+/- | Sold vs List Price |
Months Inventory |
| Beverly Center | MM | 22 | 66 | +2 | $504,000 | 11.75 | 96.74 | |
| Beverlywood | 18 | 32 | -9 | $443,500 | -10.40 | 97.74 | |
| Hollywood | 25 | 70 | +19 | $487,000 | 39.14 | 97.80 | |
| Hollywood Hills E. | 7 | 36 | +12 | $291,000 | 0.52 | 99.27 | |
| Hollywood Hills W/Sunset | 22 | 62 | +2 | $370,000 | 13.85 | 94.02 | |
| Los Feliz/Atwater Village* | 2 | 26 | -4 | $389,500 | 25.24 | 98.05 | |
| Malibu | 35 | 42 | +3 | $620,000 | 17.59 | 92.94 | |
| Marina Del Rey | 84 | 225 | +23 | $564,000 | -2.42 | 97.22 | |
| Pacific Palisades | 20 | 43 | +8 | $625,000 | 6.72 | 96.07 | |
| Palms/Mar Vista | 15 | 100 | +34 | $365,000 | -6.05 | 98.48 | |
| Playa Del Rey | 10 | 104 | +30 | $332,000 | -5.14 | 97.28 | |
| Playa Vista | 13 | 102 | +24 | $510,000 | 1.44 | 98.33 | |
| Silver Lake | Echo Park | 8 | 33 | +6 | $380,000 | 21.89 | 98.49 | |
| Studio City | 27 | 102 | +21 | $378,000 | 2.16 | 97.70 | |
| Venice | 8 | 26 | -1 | $887,500 | -1.39 | 97.21 | |
| West Los Angeles | 46 | 116 | +3 | $506,450 | 2.94 | 97.28 | |
| Westchester | 11 | 32 | -3 | $218,025 | -46.73 | 98.06 |
The number of condos sold is mostly up, as is the median price.
The Los Angeles condo market also favors sellers with the exception of Los Feliz/Atwater Village, again with inventory low.
We need more homes to sell Los Angeles sellers.
Other Los Angeles real estate market reports:
Beverly Hills
Brentwood
Century City
Culver City
Downtown L.A.
Santa Monica
Westwood
Wilshire Corridor
Los Angeles homes for sale
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Westside Los Angeles Real Estate, including, but not limited to:
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