Real Estate Market Update for 90046 (Los Angeles, CA)
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 55% from one year earlier and did not change from the previous month These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month... was just under 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 3% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 610-thousand dollars. Overall, The number of units sold Decreased 44% year-over-year and Increased 25% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 90046 (Los Angeles, CA)
Area Information for 90046 (Los Angeles, CA)
  • Community Character: Moderate Residential Turnover
  • Population: 48,524
  • Median Age: 35.36 yr
  • Median Commute Time: 27.14 mins
  • Educational Climate*: 4
  • Recycling Likelihood**: 119
  • Sales Tax: 5%
  • Population Density: 8,823/sq mi
  • Population Change Since 2000: -3%
  • Closest Airport: Bob Hope
  • Closest College: Musicians Institute
  • Closest Jr. College: Los Angeles City College
  • Median Household Income: $53,755
  • Annual Residential Turnover: 20.86%
  • Median Years in Residence: 2.49 yr
  • Median Home Sales Price: $650,000
  • Closest Major Sports Team: Los Angeles Clippers / Los Angeles Lakers / Los Angeles Kings
  • Change Avg. Household Income Since 2000: 41%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for 90046 (Los Angeles, CA)
Median Age: 35.36 Married: 25% Number of Households: 28,714 Households with Children: 2,733
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90046 (Los Angeles, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Wonderland Elementary School 0.9 mi Public K - 5 5 5
      Gardner Elementary School 0.9 mi Public K - 6 4 0
      Larchmont Cs - West Hollywood 1.0 mi Public K - 8 0 0
      Temple Israel Of Hollywood School 1.0 mi Private K - 6 0 5
      Fountain Day School 1.1 mi Private PRESCHOOL/KINDERGARTEN 0 4
      West Hollywood Community Day School 1.2 mi Public 7 - 12 1 0
      Aviva High School 1.2 mi Private 7 - 12 0 0
      Laurel Elementary School 1.2 mi Public K - 6 3-5 4
      Laurel Early Education Center 1.4 mi Public PRESCHOOL/KINDERGARTEN 0 0
      West Hollywood Chldrn's Academy 1.4 mi Private K - 3 0 0
      Ofman Learning Center 1.5 mi Private SPECIAL EDUCATION 0 4
      Fairfax High School 1.6 mi Public 9 - 12 2-5 3
      Westside Community Adult School 1.6 mi Public ADULT EDUCATION 0 0
      West Coast Talmudical Seminary 1.9 mi Private 9 - 12 0 4
      Melrose Elementary School 2.0 mi Public K - 5 4-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2010
      Local Weather for 90046 (Los Angeles, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.