Market report, updated

Market Report

Search in the region of Downtown L.A. (C42)

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Report prepared by Meridianreale.com Meridian Real Estate & Investments

Market at a glance

Over the last 6 months, homes sold for 96.2% of list price in 74 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.06M Sold · $984K
$1.5M$1.2M$900K$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 45 sales in Dec. Last month: 34.

Where the market stands

All homes in this report, by status.

861homes
Active582 · 68%
Under contract82 · 10%
Sold (6 mo)197 · 23%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

18.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.12M
Under contract$922K
Sold$839K

Average days on market

Active130 days
Under contract160 days
Sold74 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 582
Average list price $1,115,733
Avg. days on market 130 days
Avg. price per ft² $572
Avg. living area 1,941 ft²
Avg. beds / baths 3.3 / 2.9

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

41 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 206 homes plotted, up to $6M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

171 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

877 Francisco Street Unit 4111$1,136
1111 S Grand Unit PH5$1,077
400 S Broadway Unit 606$1,062
889 Francisco Unit 3105$1,031
889 Francisco Street Unit 3205$1,016
400 S Broadway Unit 1010$1,008
900 W Olympic Boulevard Unit 34D$1,005

All active listings (582)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1134 W 39thLos Angeles, CA 90037 ———$1,650,000—1 day
6605 Denver AvenueLos Angeles, CA 90044 442,332$645,000$2764 days
1007 E 78th StreetLos Angeles, CA 90001 ———$799,900—2 days
900 W Olympic Boulevard Unit 34ELos Angeles, CA 90015 121,060$875,000$8252 days
406 S Coronado StreetLos Angeles, CA 90057 —136,250$1,950,000$3123 days
4010 WallLos Angeles, CA 90011 211,008$399,999$3963 days
645 W 9th Unit 424Los Angeles, CA 90015 11754$349,999$4643 days
1100 S Hope Street Unit 1509Los Angeles, CA 90015 111,030$549,000$5334 days
540 S Los Angeles StreetLos Angeles, CA 90013 ———$600,000—5 days
2401 W 10th StreetLos Angeles, CA 90006 ———$1,145,000—4 days
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.