Los Angeles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $559,000
    3% ( $16,000 ) vs Oct 2013
  • Median Sales Price
    $581,000
    4% ( $21,000 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $349,000
    7% ( $24,000 ) vs Oct 2013
  • Foreclosures 6,062
    Homes for Sale 1,981
    Recently Sold 13,475

Market Summary

There are currently 6,062 properties in Los Angeles, CA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 1,981.

In November, the number of properties that received a foreclosure filing in Los Angeles, CA was 40% lower than the previous month and 33% lower than the same time last year.

Home sales for October 2014 were up 17% compared with the previous month, and up 35% compared with a year ago. The median sales price of a non-distressed home was $581,000. The median sales price of a foreclosure home was $349,000, or 40% lower than non-distressed home sales.

Sales Prices - Los Angeles, CA




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$349,000 (Median Foreclosure Sales Price) $325,000 (Median Foreclosure Sales Price) $320,500 (Median Foreclosure Sales Price) $320,000 (Median Foreclosure Sales Price) $325,000 (Median Foreclosure Sales Price) $319,500 (Median Foreclosure Sales Price) $581,000 (Median Sales Price) $560,000 (Median Sales Price) $550,000 (Median Sales Price) $540,500 (Median Sales Price) $540,000 (Median Sales Price) $548,000 (Median Sales Price) $349,000 (Median Foreclosure Sales Price) $325,000 (Median Foreclosure Sales Price) $320,500 (Median Foreclosure Sales Price) $320,000 (Median Foreclosure Sales Price) $325,000 (Median Foreclosure Sales Price) $319,500 (Median Foreclosure Sales Price) $581,000 (Median Sales Price) $560,000 (Median Sales Price) $550,000 (Median Sales Price) $540,500 (Median Sales Price) $540,000 (Median Sales Price) $548,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Pasadena
138
12.1
% (y-o-y)
$635,000
5.8
% (y-o-y)
4.7%
27.0
% (y-o-y)
Glendale
118
90.3
% (y-o-y)
$640,000
3.2
% (y-o-y)
23.6%
18.5
% (y-o-y)
Santa Monica
97
64.4
% (y-o-y)
$1,101,000
7.1
% (y-o-y)
Data not available
North Hollywood
87
15.5
% (y-o-y)
$500,000
12.4
% (y-o-y)
20.0%
25.8
% (y-o-y)
Downey
78
36.8
% (y-o-y)
$442,000
2.8
% (y-o-y)
8.4%
1.2
% (y-o-y)
Compton
72
18.2
% (y-o-y)
$270,000
17.4
% (y-o-y)
13.0%
12.0
% (y-o-y)
Inglewood
65
35.4
% (y-o-y)
$360,000
17.8
% (y-o-y)
11.5%
14.2
% (y-o-y)
Culver City
53
82.8
% (y-o-y)
$640,000
4.1
% (y-o-y)
Data not available
West Hollywood
46
31.4
% (y-o-y)
$688,000
6.1
% (y-o-y)
28.8%
19.0
% (y-o-y)
Beverly Hills
43
2.4
% (y-o-y)
$1,600,000
0.9
% (y-o-y)
Data not available

Local Info For Los Angeles

Population:
3,772,486
Cost of Living Index: 136.57
Crime Index: 108.11     Rating: B- View crime details
Schools: 522    Average School Rating: C View individual school rating
Household Median Income: $49,138
Unemployment: 8.70%
Percentage of vacant homes: 6.71%