Top Real Estate Agents in Los Angeles, California

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    • Rank – City SidesFull NameCompanyLocationSidesProfile
    Stephanie VitaccoEquity Union Real EstateLos Angeles, CA 144.3View Profile
    Gary KeshishyanPinnacle Estate Properties Inc.Los Angeles, CA 126.0View Profile
    Victoria CruzEquity Union Real EstateLos Angeles, CA 110.9View Profile
    Costanza Genoese-ZerbiRedfinLos Angeles, CA 71.0View Profile
    Simon MillsMills RealtyLos Angeles, CA 57.0View Profile
    Craig Michael StrongCompassLos Angeles, CA 51.0View Profile
    Alin GlogoviceanRedfinLos Angeles, CA 40.0View Profile

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    2023 Los Angeles, California Housing Market Summary

    Los Angeles, California started 2023 with a total of 1,006 single-family homes on the market, with a median home price of $1,157,500 and an average price per square foot of $894. By the end of the year, inventory had increased to 1,010 homes on the market (+0%), with a median home price of $1,395,000 (+20%) and an average price per square foot of $898 (+0%).

    At the start of 2023, the median days on market (DOM) was 77 days – by the end of the year, median DOM had remained the same at 77 days.

    Los Angeles started the year with 35% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 33% of Los Angeles homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Los Angeles started 2023 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 40 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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