September 2024 Real Estate Report

Homes For Sale
1997 Total
Homes For Sale
Homes added
1289 Homes
Added to the Market
Homes For Sale
578 Homes
Sold
Compared to Previous Month
5%
More Homes For Sale
home chart
-17%
Fewer Homes Sold
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Last month in September, housing in Los Angeles, CA ended with 1289 homes being added to the market for sale, for a cumulative monthly total of 1997 homes for sale - up 5% compared to August. Los Angeles, CA had a total of 578 homes sold for the month - down -17% from the month prior.

Detached led the way in homes sold with a total of 402 - down -19%, while attached totaled 176 in closed sales - down -12% from the month of August. The number of detached properties sold under 1500 square feet totaled 183 for the month of September, while homes from 1500 to 2000 square feet recorded 88 sales and homes sized from 2000 to 2500 square feet had 45 sales. While homes from 2500 to 3000 square feet square feet recorded 25 homes sold and homes from 3000 to 3500 square feet had 23 sales, while homes in the 3500 to 4000 square feet range totaled 12 homes sold. Homes from 4000 to 4500 square feet had 5 sales, homes from 4500 to 5000 square feet had 8 sales and homes over 5500 square feet recorded 12 homes sold.

The number of attached homes sold under 1500 square feet numbered 114, attached homes in the square feet range of 1500 to 2000 recorded 45 sales and attached properties from 2000 to 2500 square feet had a total of 11 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 4500 to 5000 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 4000 to 4500, over 5500.


When are the most homes sold in Los Angeles, CA?
May:
694 Homes Sold
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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 April 2024, May 2024 and August 2024. The months of April 2024, May 2024 and August 2024 had 640 - 694 and 674 homes sold, respectively, as compared to an average of 539 for the other months of the year.

Sold Comparison Image
When do homes sell the fastest in Los Angeles, CA?
June:
28 Days On Market
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The last 12 month period for the city of Los Angeles, CA shows that homes sold the fastest during the months of October 2023, June 2024 and July 2024. The months of October 2023, June 2024 and July 2024 had 31 - 28 and 33 days on market, respectively, as compared to an average of 36 for the other months of the year.


Average Price Of Homes Sold In Los Angeles, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Los Angeles, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Los Angeles, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024426480588640694594624674578 - - - 5298
20233974236545736656425757005205465095066710
20226256546695785816075614994794514434766623
20214635566698186867198307357346777125638162
20204855525273853333866416667617685486486700
20194474695085796035566055546186255645666694
20185225486516056335276576365596365775587109
20175475775706127399095887305365386046087558
Average Days On Market (DOM) In Los Angeles, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024413834373628333437 - - - 35
202342394035373334323531353336
202237312521182326303435294129
202141434130332625292833273032
202044413727334237312828223734
201939383940273933303736323936
201829293530232432313134303730
201738344135302831323432323133
Average Days From List To Close Of Escrow In Los Angeles, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024837873777768717480 - - - 76
202393828173837775767872777979
202292836864567271768180738575
2021100969273786769727779728180
202099939576878477817375619283
201990839291699082748986859586
201876738981646883738381798878
20171018810791838187829090898990
Number of homes added to the market in Los Angeles, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202410589231023119013531202117510971289 - - - 10310
202383288491889710371049986993105097771845410795
20227106286857114756455975336146655314007194
20217215318745367918098046748126333244017910
20205285364573164975996327798677464403846781
20196805115997036445196276375316564242736804
20186965895996876845765556396405665312286990
20176404807787597816756425324376235783267251