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How is the Los Angeles Real Estate Market? – May 2019

Posted by Jane Peters on June 20, 2019
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Let’s check in on selected areas of the Los Angeles real estate market for May 2019.

 

Los Angeles real estate May 20198

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
AreaMay 2018May 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

 

Los Angeles real estate market report, May 2019

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
AreaApril 2018April 2019March  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 Feliz0$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$1,275,0000$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

Follow Los Angeles real estate market reports.

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