Let’s check in on selected areas of the Los Angeles real estate market for May 2019.
Sales of Los Angeles single family homes are down in all categories compared with the same period over the past two years.
Below are some stats for selected areas.
| Single Family Median Sales Price | ||||||||
| Area | May 2018 | May 2019 |
April 2019 | |||||
| Beverly Hills | $5,685,000 | $5,200,000 | $9,325,000 | |||||
| Beverly Hills Post Office | $4,600,000 | $2,860,000 | $2,337,000 | |||||
| Sunset Strip – Hollywood | $2,545,000 | $1,711,750 | $2,150,000 | |||||
| Bel Air – Holmby Hills | $2,460,000 | $2,260,00 | $2,279,187 | |||||
| Westwood – Century City | $2,330,000 | $2,220,000 | $1,975,000 | |||||
| Brentwood | $3,163,630 | $3,175,000 | $4,430,000 | |||||
| West L.A. | $1,383,000 | $1,450,000 | $1,420,000 | |||||
| Cheviot Hills – Rancho Park | $2,501,500 | $2,560,000 | $2,365,000 | |||||
| Beverlywood Vicinity | $2,080,000 | $1,502,500 | $1,460,000 | |||||
| West Hollywood Vicinity | $1,660,000 | $1,800,000 | $1,785,000 | |||||
| Venice | $2,347,500 | $2,135,000 | $2,105,000 | |||||
| Marina Del Rey | $1,631,000 | $1,635,000 | $1,360,000 | |||||
| Palms – Mar Vista | $1,601,000 | $1,660,000 | $1,549,000 | |||||
| Santa Monica | $3,012,500 | $3,400,000 | $4,000,000 | |||||
| Pacific Palisades | $3,370,000 | $2,989,000 | $3,067,500 | |||||
| Hancock Park-Wilshire | $1,980,000 | $1,547,500 | $1,817,000 | |||||
| Beverly Center-Miracle Mile | $1,575,000 | $1,750,000 | $1,997,537 | |||||
| Hollywood | $1,310,500 | $1,327,500 | $1,002,500 | |||||
| Silver Lake – Echo Park | $1,272,500 | $1,237,500 | $1,197,500 | |||||
| Los Feliz | $1,590,000 | $1,917,328 | $1,832,500 | |||||
| Culver City | $1,238,125 | $1,335,000 | $1,267,500 | |||||
| Westchester | $1,299,000 | $1,350,000 | $1,300,000 | |||||
| Hollywood Hills East | $1,485,000 | $1,225,000 | $1,492,372 | |||||
| Playa Del Rey | $1,512,500 | $2,400,000 | $1,875,000 | |||||
| Malibu Beach | $7,975,000 | $4,137,500 | $12,100,000 | |||||
| Malibu | $3,662,500 | $2,397,500 | $1,850,000 | |||||
| Playa Vista | $3,417,500 | $2,575,000 | $1,875,000 | |||||
| Glassell Park | $949,500 | $780,000 | $785,000 | |||||
| Mt Washington | $953,000 | $915,000 | $972,000 | |||||
Check the above map for % changes in selected areas for condo sales between 1st Qtr 2018 and 2019.
Below are some stats for selected areas.
| Condos Median Sales Price | ||||||
| Area | April 2018 | April 2019 | March 2019 | |||
| Beverly Hills | $1,125,126 | $1,465,000 | $1,440,000 | |||
| Sunset Strip – Hollywood | $960,000 | $705,000 | $590,000 | |||
| Westwood – Century City | $970,000 | $930,000 | $982,000 | |||
| Brentwood | $980,000 | $975,000 | $929,000 | |||
| West L.A. | $950,000 | $812,500 | $902,500 | |||
| Beverlywood Vicinity | $710,000 | $999,000 | $867,500 | |||
| West Hollywood Vicinity | $852,000 | $754,500 | $710,000 | |||
| Marina Del Rey | $1,163,000 | $934,000 | $1,031,669 | |||
| Palms – Mar Vista | $605,000 | $772,500 | $677,250 | |||
| Santa Monica | $1,162,500 | $1,175,000 | $1,270,000 | |||
| Pacific Palisades | $1,157,500 | $920,000 | $1,300,000 | |||
| Hancock Park-Wilshire | $649,000 | $689,000 | $675,000 | |||
| Beverly Center-Miracle Mile | $806,000 | $912,500 | $795,o00 | |||
| Hollywood | $925,000 | $780,000 | $812,500 | |||
| Silver Lake – Echo Park | $869,644 | $535,000 | $551,000 | |||
| Los Feliz | 0 | $750,000 | $581,750 | |||
| Culver City | $646,500 | $564,000 | $615,000 | |||
| Westchester | $476,250 | $508,750 | $591,500 | |||
| Playa Del Rey | $655,000 | $727,500 | $721,000 | |||
| Malibu Beach | $1,275,000 | 0 | $750,000 | |||
| Malibu | $879,000 | $1,089,000 | $1,525,000 | |||
| Playa Vista | $1,000,000 | $870,000 | $980,000 | |||
| Downtown L.A. | $705,000 | $596,250 | $799,000 | |||
Data provided by MLS deemed accurate but not guaranteed
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