Latest Single Family Residence (SFR) Sales Data in West Los Angeles, 90025

This week's median list price for Los Angeles, CA 90025 is $2,397,500, while the market action index remains around 55. This is slightly lower than the previous month's market action index 60. Inventory has diminished to 10. The market has been cooling over recent weeks as more homes are accessible while demand experiences a dip. Consequently, we're already observing a price decline, although the market remains within the Seller's zone. Anticipate this trend to persist, particularly if the index shifts into the Buyer's zone. Watch for a consistent upward trend in Market Action, indicating a potential price resurgence.

Days on Market, Price Per Square Foot, and Demand Analysis, 90025, West Los Angeles Single Family Residence

• The optimal price range appears to hover around $2 million for single-family residences in 90025, particularly for homes spanning approximately 2000 sqft. Notably, properties in this range tend to spend only a brief period on the market before being snapped up.

Recent Condominium Sales Data for West Los Angeles, 90025

This week, the median listing price in West Los Angeles, CA 90025 is $1,109,475, while the market action index remains approximately 55. This marks an improvement compared to the previous month's market action index 54. Simultaneously, the inventory has declined, reducing to a total of 32.

The market has exhibited a gradual cooling trend, with prices stabilizing over an extended period. Despite the consistent decline in the Market Action Index (MAI), the market remains within the Seller's zone.

Houses in the neighborhood vary in price, with the range spanning from approximately $799,499 to $1,343,500. Their sizes also differ, from around 1,149 sq. ft. to 1,795 sq. ft. Most houses have 2 bedrooms and 3 bathrooms. The ages of the houses vary between 17 and 49 years. On average, houses are sold within 21 to 45 days after being listed.

Inventory remains a persistent challenge, continuing to stay below pre-pandemic levels.

When you're considering selling your home or condo in the West Los Angeles (90025) area, feel free to get in touch with me at 310-422-9001 for a complimentary consultation. There's no risk involved, and I'm here to provide assistance and guidance every step of the way!