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How is the Los Angeles Real Estate Market Doing? March 2019.

Posted by Jane Peters on April 18, 2019
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How is the Los Angeles real estate market doing? The charts below are broken down by single family homes and condos and compare March 2019 to February 2019 and the same period the previous year.

Los Angeles real estate 1st Qtr median prices

This is a small sample size but stay tuned to see the trend in the coming months

Single Family Median Sales Price
Area Mar 2018 Mar 2019 Feb 2019
Beverly Hills $6,754,500 $6,319,079 $6,950,000
Beverly Hills Post Office $2,000,000 $4,775,500 $3,207,500
Sunset Strip – Hollywood $1,880,000 $2,009,000 $2,604,940
Bel Air – Holmby Hills $2,305,000 $1,762,500 $1,515,000
Westwood – Century City $2,412,500 $1,838,000 $2,022,812
Brentwood $3,800,000 $3,760,000 $2,830,000
West L.A. $1,382,000 $1,220,000 $1,260,000
Cheviot Hills – Rancho Park $2,465,000 $2,550,000 $2,189,500
Beverlywood Vicinity $1,730,000 $1,505,000 $1,740,000
West Hollywood Vicinity $1,775,000 $3,007,500 $1,575,000
Venice $2,399,000 $2,365,500 $1,940,000
Marina Del Rey $1,450,775 $1,650,000 $1,490,000
Palms – Mar Vista $1,622,500 $1,623,750 $1,316,500
Santa Monica $2,800,000 $2,529,000 $2,400,000
Pacific Palisades $4,225,000 $3,987,000 $3,018,000
Hancock Park-Wilshire $1,790,000 $1,945,000 $1,363,112
Beverly Center-Miracle Mile $1,900,000 $2,210,000 $2,100,000
Hollywood $1,550,000 $1,497,500 $1,380,000
Silver Lake – Echo Park $1,230,000 $1,425,000 $900,000
Los Feliz $1,836,500 $1,797,000 $2,700,000
Culver City $1,402,187 $1,316,500 $1,400,000
Westchester $1,275,500 $1,298,750 $1,435,000
Hollywood Hills East $1,561,500 $1,543,000 $1,305,000
Playa Del Rey $1,745,000 $1,774,081 $1,705,000
Malibu Beach $11,000,000 $4,300,000 $5,100,000
Malibu $2,785,000 $3,180,000 $3,325,000
Playa Vista $2,060,250 $1,967,500 $1,865,000
Downtown L.A. $586,500 $482,500 $340,000
Glassell Park $1,107,500 $744,250 $795,500
Mt Washington $884,500 $982,500 $1,302,500

 

Condos Median Sales Price
Area Mar 2018 Mar 2019 Feb 2019
Beverly Hills $1,235,000 $1,820,000 $825,000
Sunset Strip – Hollywood $780,000 $590,000 $687,500
Westwood – Century City $956,136 $1,065000 $886,500
Brentwood $823,500 $1,015,100 $665,000
West L.A. $901,000 $828,500 $787,000
Beverlywood Vicinity $819,500 $898,750 $740,000
West Hollywood Vicinity $781,000 $942,000 $896,825
Marina Del Rey $985,000 $905,000 $925,000
Palms – Mar Vista $665,000 $705,000 $685,000
Santa Monica $1,140,000 $1,205,000 $1,084,500
Pacific Palisades $1,490,000 $930,000 $1,369,000
Hancock Park-Wilshire $655,000 $600,000 $780,000
Beverly Center-Miracle Mile $1,050,000 $775,000 $870,000
Hollywood $686,500 $709,000 $727,500
Silver Lake – Echo Park $660,000 $475,000 $639,838
Los Feliz $620,500 $845,000 $664,000
Culver City $616,750 $599,000 $580,000
Westchester $402,500 $537,000 $490,000
Hollywood Hills East $715,000 $735,000 0
Playa Del Rey $757,500 $4721,000 $475,000
Malibu Beach $1,275,000 0 $1,575,000
Malibu $1,200,000 $767,000 $1,211,500
Playa Vista $1,o94,000 $1,074,000 $475,000
Downtown L.A. $618,000 $610,000 $1,079,000

Data provided by MLS deemed accurate but not guaranteed

Open the single family home market climate map above to see the changes for the First Quarter 2019 compared with 2018.

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