How much is my Los Angeles home worth?

Your Los Angeles home's value is part of a market where the typical listing price is $1,050,000. Keep in mind that this is an average, and your specific home will vary. The median price per square foot right now is $652. Overall, the market is seeing slightly lower prices. The typical listing price is down 4.3% from the prior month and 4.5% compared to this time last year. This suggests homes are currently listed for a bit less than they were recently. Currently, there are 20,134 homes for sale, which is about the same as last year. The number of new homes coming onto the market, at 8,416, is slightly down from last year. This means there isn't a large flood of new homes adding to the choices available. Homes are staying on the market for an average of 53 days, which hasn't changed from last year. This consistent time on market suggests a stable pace for how long it takes for a home to find a buyer. About 16.6% of homes have had a price reduction, which is a small decrease from last year. This number tells you how many sellers are adjusting their prices to attract buyers. For sellers, while prices have seen slight decreases, homes are moving at a consistent pace. For buyers, there isn