Last month in October, housing in Los Angeles, CA ended with 1136 homes being added to the market for sale, for a cumulative monthly total of 1901 homes for sale - down -5% compared to September. Los Angeles, CA had a total of 666 homes sold for the month - up 13% from the month prior.
Detached led the way in homes sold with a total of 504 - up 20%, while attached totaled 162 in closed sales - down -9% from the month of September. The number of detached properties sold under 1500 square feet totaled 219 for the month of October, while homes from 1500 to 2000 square feet recorded 113 sales and homes sized from 2000 to 2500 square feet had 77 sales. While homes from 2500 to 3000 square feet square feet recorded 31 homes sold and homes from 3000 to 3500 square feet had 20 sales, while homes in the 3500 to 4000 square feet range totaled 17 homes sold. Homes from 4000 to 4500 square feet had 10 sales, homes from 4500 to 5000 square feet had 4 sales and homes over 5500 square feet recorded 7 homes sold.
The number of attached homes sold under 1500 square feet numbered 100, attached homes in the square feet range of 1500 to 2000 recorded 44 sales and attached properties from 2000 to 2500 square feet had a total of 10 homes sold. Attached properties from 2500 to 3000 square feet had a total of 3 homes sold and attached properties from 3000 to 3500 square feet had a total of 1 homes sold, attached properties from 3500 to 4000 square feet had a total of 1 homes sold. Attached properties from 4000 to 4500 square feet had a total of 1 homes sold, attached properties from 4500 to 5000 square feet had a total of 1 homes sold and attached properties from over 5500 square feet had a total of 1 homes sold.
The last 12 month period for the city of Los Angeles, CA shows that the greatest number of homes were sold during the months of May 2024, August 2024 and October 2024. The months of May 2024, August 2024 and October 2024 had 694 - 674 and 666 homes sold, respectively, as compared to an average of 549 for the other months of the year.
The last 12 month period for the city of Los Angeles, CA shows that homes sold the fastest during the months of December 2023, June 2024 and July 2024. The months of December 2023, June 2024 and July 2024 had 33 - 28 and 33 days on market, respectively, as compared to an average of 37 for the other months of the year.
Number of homes sold in Los Angeles, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 426 | 480 | 588 | 640 | 694 | 594 | 624 | 674 | 578 | 666 | - | - | 5964 |
2023 | 397 | 423 | 654 | 573 | 665 | 642 | 575 | 700 | 520 | 546 | 509 | 506 | 6710 |
2022 | 625 | 654 | 669 | 578 | 581 | 607 | 561 | 499 | 479 | 451 | 443 | 476 | 6623 |
2021 | 463 | 556 | 669 | 818 | 686 | 719 | 830 | 735 | 734 | 677 | 712 | 563 | 8162 |
2020 | 485 | 552 | 527 | 385 | 333 | 386 | 641 | 666 | 761 | 768 | 548 | 648 | 6700 |
2019 | 447 | 469 | 508 | 579 | 603 | 556 | 605 | 554 | 618 | 625 | 564 | 566 | 6694 |
2018 | 522 | 548 | 651 | 605 | 633 | 527 | 657 | 636 | 559 | 636 | 577 | 558 | 7109 |
2017 | 547 | 577 | 570 | 612 | 739 | 909 | 588 | 730 | 536 | 538 | 604 | 608 | 7558 |
Average Days On Market (DOM) In Los Angeles, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 41 | 38 | 34 | 37 | 36 | 28 | 33 | 34 | 37 | 38 | - | - | 36 |
2023 | 42 | 39 | 40 | 35 | 37 | 33 | 34 | 32 | 35 | 31 | 35 | 33 | 36 |
2022 | 37 | 31 | 25 | 21 | 18 | 23 | 26 | 30 | 34 | 35 | 29 | 41 | 29 |
2021 | 41 | 43 | 41 | 30 | 33 | 26 | 25 | 29 | 28 | 33 | 27 | 30 | 32 |
2020 | 44 | 41 | 37 | 27 | 33 | 42 | 37 | 31 | 28 | 28 | 22 | 37 | 34 |
2019 | 39 | 38 | 39 | 40 | 27 | 39 | 33 | 30 | 37 | 36 | 32 | 39 | 36 |
2018 | 29 | 29 | 35 | 30 | 23 | 24 | 32 | 31 | 31 | 34 | 30 | 37 | 30 |
2017 | 38 | 34 | 41 | 35 | 30 | 28 | 31 | 32 | 34 | 32 | 32 | 31 | 33 |
Average Days From List To Close Of Escrow In Los Angeles, CA | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 83 | 78 | 73 | 77 | 77 | 68 | 71 | 74 | 80 | 80 | - | - | 76 |
2023 | 93 | 82 | 81 | 73 | 83 | 77 | 75 | 76 | 78 | 72 | 77 | 79 | 79 |
2022 | 92 | 83 | 68 | 64 | 56 | 72 | 71 | 76 | 81 | 80 | 73 | 85 | 75 |
2021 | 100 | 96 | 92 | 73 | 78 | 67 | 69 | 72 | 77 | 79 | 72 | 81 | 80 |
2020 | 99 | 93 | 95 | 76 | 87 | 84 | 77 | 81 | 73 | 75 | 61 | 92 | 83 |
2019 | 90 | 83 | 92 | 91 | 69 | 90 | 82 | 74 | 89 | 86 | 85 | 95 | 86 |
2018 | 76 | 73 | 89 | 81 | 64 | 68 | 83 | 73 | 83 | 81 | 79 | 88 | 78 |
2017 | 101 | 88 | 107 | 91 | 83 | 81 | 87 | 82 | 90 | 90 | 89 | 89 | 90 |
Number of homes added to the market in Los Angeles, CA | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 1058 | 923 | 1023 | 1190 | 1353 | 1202 | 1175 | 1097 | 1289 | 1136 | - | - | 11446 |
2023 | 832 | 884 | 918 | 897 | 1037 | 1049 | 986 | 993 | 1050 | 977 | 718 | 454 | 10795 |
2022 | 710 | 628 | 685 | 711 | 475 | 645 | 597 | 533 | 614 | 665 | 531 | 400 | 7194 |
2021 | 721 | 531 | 874 | 536 | 791 | 809 | 804 | 674 | 812 | 633 | 324 | 401 | 7910 |
2020 | 528 | 536 | 457 | 316 | 497 | 599 | 632 | 779 | 867 | 746 | 440 | 384 | 6781 |
2019 | 680 | 511 | 599 | 703 | 644 | 519 | 627 | 637 | 531 | 656 | 424 | 273 | 6804 |
2018 | 696 | 589 | 599 | 687 | 684 | 576 | 555 | 639 | 640 | 566 | 531 | 228 | 6990 |
2017 | 640 | 480 | 778 | 759 | 781 | 675 | 642 | 532 | 437 | 623 | 578 | 326 | 7251 |