Los Angeles, CA 90046 Real Estate Market Report

ZIP Code: 90046
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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 for properties in Los Angeles 90046 are 6.5% compared to the 6.0% average seen when typical loans in this area originated 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. The primary indicator of recent market value is the median sold price of 2,274,000, which represents the price level achieved in closed transactions and should be treated as the representative recent sale benchmark for valuation and comps.

2. Pricing context shows a gap between the median listing price of 2,795,000 and the median sold price; this spread, combined with a median days on market of 348, suggests pricing friction and slower sales velocity that may require price alignment or concessioning to convert listings into closed deals.

3. Market direction is mixed: year-over-year prices are down (price year-over-year trend: down) while the market temperature is neutral, implying a balanced negotiation environment where buyers and sellers may both need to adjust expectations rather than one side exerting clear leverage.

4. Affordability and rental dynamics are pressuring transaction decisions—interest rate pressure is elevated and current 30-year fixed mortgage rates are 6.5% (compared to 6.0% when typical loans originated in early 2026)—and rents are showing a year-over-year down trend, which may reduce investor yield attraction and weigh on demand; additionally, the area appears to have relatively constrained active supply in the analyzed sample, which may moderate price declines compared to broader market drops.

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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.

Los Angeles, CA 90046 Real Estate Market Report

ZIP Code: 90046
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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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 for properties in Los Angeles 90046 are 6.5% compared to the 6.0% average seen when typical loans in this area originated 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. The primary market indicator, median sold price, is $780,000, and should be treated as the representative recent sale-based valuation when setting offers, appraisals, or pricing strategies for SFR and condo properties in 90046.

2. There is a notable spread between the median listing price of $699,500 and the median sold price of $780,000, which may indicate pricing friction or selective deal-making where final transaction prices exceed current asking-level medians.

3. Slower sales velocity is evident in the market with a median days on market of 372, which suggests extended negotiation windows and that sellers may need longer market exposure or greater pricing flexibility to transact.

4. Market context is mixed: market temperature is neutral, price year-over-year trend is down, rent year-over-year trend is down, and interest rate pressure is elevated; note that Current 30-year fixed mortgage rates for properties in Los Angeles 90046 are 6.5% compared to the 6.0% average seen when typical loans in this area originated in early 2026, which may constrain affordability and prolong time-to-sale.

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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.