Los Angeles, CA 90046 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. median sold price — $2,607,000 is the primary indicator of market value and recent transactions; with the price year-over-year trend shown as up, recent sales suggest modest appreciation and that realized transaction levels are the best signal for current pricing.
2. median listing price — $2,497,500 sits below the median sold price, creating a visible listing-to-sale gap that may reflect aggressive seller expectations or negotiation outcomes; combined with a neutral market temperature (neutral), this gap appears to signal balanced pricing friction rather than an extreme directional market.
3. median days on market — 364 indicates materially slower sales velocity, which may point to longer marketing times and increased sensitivity to pricing and financing conditions; slower velocity should encourage sellers to price competitively and buyers to incorporate extended closing timelines into offers.
4. median price per square foot — $1,004 and median market rent — $2,750 occur alongside rent year-over-year trend up and interest rate pressure characterized as elevated; this combination suggests rental demand is supporting pricing, but elevated interest rates are likely tempering purchase activity, resulting in a relatively balanced market with relatively constrained active supply.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.