Los Angeles, CA 90046 Real Estate Market Report

ZIP Code: 90046
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The primary market indicator, the median sold price, is $2,249,000, which anchors recent transaction activity in Los Angeles, CA (90046). Compared with asking levels, the median listing price of $2,934,000.5 suggests a meaningful spread between list and achieved values, which may indicate seller expectations remain elevated relative to completed transactions. Market velocity appears slow: the median days on market is 366, signaling prolonged marketing times that may reflect pricing friction and more time for buyers to negotiate.

Market context signals are mixed-to-soft. Price momentum is down year-over-year while the market temperature is neutral, which together suggest a move toward balance rather than a continued run-up. Rental trends are also down, and interest rate pressure is elevated—notably, current 30-year fixed mortgage rates are reported at 6.46% versus 6.25% in early 2026—adding cost pressure for financed buyers. Inventory in the analyzed sample appears elevated relative to sales activity, which may be contributing to the slower transaction pace and the downward price trend.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Los Angeles, CA 90046 are 6.46% compared to 6.25% in early 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. Median sold price: $2,249,000 anchors valuation; the gap to the median listing price: $2,934,000.5 suggests sellers may need to reset expectations in negotiations, particularly given extended marketing times. pricing friction

2. Median days on market: 366 indicates slower sales velocity and extended exposure, which may allow motivated buyers to seek concessions rather than accept full asking terms. moderate transaction velocity

3. Median price per square foot: 903.9503969032394 supports a premium local rate of unit area value; price-per-foot should be weighed against property condition and micro-location when advising sellers on realistic pricing. contextual

4. Price year-over-year trend: down combined with a neutral market temperature suggests a rebalancing market where buyers have incremental negotiating leverage but the market is not sharply deteriorating. down

5. Interest rate pressure: elevated and the reported mortgage comparison (current 6.46% vs 6.25% in early 2026) increases financing costs, which may further suppress buyer urgency and keep upward price pressure limited. elevated interest rate pressure

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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.