Real Estate Market Update for Los Angeles, CA
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Welcome to March's 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 27% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 320-thousand dollars. The number of units sold decreased 1% year-over-year, and increased 18% 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 Los Angeles, CA
Area Information for Los Angeles, CA
  • Population: 3,829,133
  • Median Age: 33.73 yr
  • Median Commute Time: 25.22 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 8,170/sq mi
  • Population Change Since 2000: 3.64%
  • Closest Airport: Los Angeles International
  • Closest College: The Art Institute Of Ca-los Angeles
  • Closest Jr. College: Ryokan College
  • Median Household Income: $49,856
  • Annual Residential Turnover: 19.74%
  • Median Years in Residence: 2.74 yr
  • Median Home Sales Price: $340,500
  • Closest Major Sports Team: Los Angeles Kings
  • Change Avg. Household Income Since 2000: 35%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Los Angeles, CA
Median Age: 33.73 Married: 24% Number of Households: 1,330,976 Households with Children: 458,175
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 Los Angeles, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Yeshiva Ohr Elchonon Chabad 0.2 mi Private 9-12 0 4
      Ofman Learning Center 0.9 mi Private 9-12 0 4
      Larchmont Charter-west Hollywood School 1.0 mi Public K-6 5 5
      Hancock Park Elementary School 1.5 mi Public K-5 5 4
      Pacific Hills School 2.0 mi Private 6-12 0 4
      Maimonides Academy 2.0 mi Private PRESCHOOL-8 0 5
      West Hollywood Elementary School 2.4 mi Public K-6 4-5 5
      St. Brendan School 2.4 mi Catholic K-8 0 5
      Charles H. Kim Elementary School 2.5 mi Public PRESCHOOL-5 4 4
      Wonderland Avenue Elementary School 2.6 mi Public K-5 5 5
      Rabbi Jacob Pressman Academy 2.7 mi Private PRESCHOOL-8 0 5
      Immaculate Heart Of Mary Elementary School 2.8 mi Catholic K-8 0 5
      Holy Spirit Elementary School 2.8 mi Catholic K-4 0 5
      Ohr Haemet Institute For Girls 3.0 mi Private 9-12 0 5
      Frank Del Olmo Elementary School 3.2 mi Public PRESCHOOL-5 3 5
      St. Jeanne De Lestonnac Preschool & Ki 3.3 mi Catholic PRESCHOOL-K 0 5
      Donna Ro School 3.4 mi Private K-3 0 5
      New Horizon School 3.5 mi Private PRESCHOOL-5 0 5
      Los Angeles High School Of The Arts (lahsa) 3.5 mi Public 9-12 2-5 4
      New Covenant Academy 3.7 mi Private 1-12 0 5
      Franklin Avenue Elementary School 3.7 mi Public K-5 4-5 5
      Bishop Conaty-our Lady Of Loret 3.8 mi Catholic 9-12 0 5
      Green Pastures Cultivation Academy 3.9 mi Private 9-12 0 4
      Cleophas Oliver Learning Academy 3.9 mi Private PRESCHOOL-4 0 5
      Lafayette Park Primary Center 4.0 mi Public K-K 0 5
      Loyola High School Of Los Angeles 4.1 mi Catholic 9-12 0 5
      Al-madinah School 4.6 mi Private K-10 0 5
      Just Beginning School 4.9 mi Private PRESCHOOL-1 0 3
      St. Timothy School 5.1 mi Catholic PRESCHOOL-8 0 5
      Holy Trinity Elementary School 5.4 mi Catholic K-8 0 4
      Elysian Heights Elementary School 5.5 mi Public K-6 3 5
      Alliance Dr. Olga Mohan High School 5.6 mi Public 9-12 5 5
      Westwood Elementary School 5.6 mi Public K-5 5 5
      Marymount High School 5.7 mi Catholic 9-12 0 5
      Creative Learning Center 5.7 mi Private PRESCHOOL-K 0 5
      Redeemer Baptist Elementary School 5.8 mi Private K-6 0 5
      Nimo Jackie Robinson High School 6.3 mi Public 9-12 3 5
      St. Bernard Elementary School 6.5 mi Catholic K-8 0 5
      Cathedral High School 6.5 mi Catholic 9-12 0 5
      Solano Avenue Elementary School 6.6 mi Public K-6 4-5 4
      Global Education Academy 6.6 mi Public K-5 3-5 4
      Community Magnet Charter Elementary School 6.7 mi Public K-5 5 5
      Lumbini Child Development Center 6.7 mi Private PRESCHOOL-K 0 5
      Brawerman Elementary School - West 6.9 mi Private K-6 0 5
      Santa Rosa Charter Academy 6.9 mi Public 7-8 3 5
      Icef Inglewood Elementary Charter Academy 6.9 mi Public K-5 2-5 5
      Synergy Charter Academy 7.0 mi Public K-5 4-5 5
      Roscomare Road Elementary School 7.1 mi Public K-5 5 5
      Brentwood School 7.3 mi Private K-12 0 5
      Archer School For Girls 7.3 mi Private 6-12 0 4
      Milagro Charter School 7.4 mi Public K-5 4-5 5
      Kipp Los Angeles College Preparatory School 7.4 mi Public 5-8 4-5 4
      El Marino Elementary School 7.4 mi Public K-5 5 5
      Venture School 7.4 mi Private - 0 4
      Dolores Mission School 7.6 mi Catholic K-8 0 4
      Student Empowerment Academy 7.7 mi Public 9-12 2 5
      Southern California Montessori 7.7 mi Private PRESCHOOL-K 0 5
      James J. Mcbride Special Education Center 7.8 mi Public K-12 0 5
      Normandie Christian Of Los Angeles School 7.8 mi Private K-6 0 5
      Pacifica Montessori School 7.9 mi Private PRESCHOOL-5 0 4
      Puente Charter School 7.9 mi Public PRESCHOOL-K 0 5
      Buckner Educational Christian Academy 8.0 mi Private PRESCHOOL-K 0 5
      Little Flower Missionary House School 8.1 mi Catholic PRESCHOOL-K 0 4
      St. Mary Catholic Elementary School 8.1 mi Catholic K-8 0 4
      Sheridan Street Elementary School 8.3 mi Public PRESCHOOL-5 1 5
      Santa Isabel School 8.4 mi Catholic K-8 0 5
      St. Columbkille Elementary School 8.4 mi Catholic PRESCHOOL-8 0 5
      The Westland School 8.5 mi Private K-6 0 5
      Open Charter Magnet School 8.5 mi Public K-5 4-5 5
      Vernon City Elementary School 8.8 mi Public PRESCHOOL-6 3 5
      Bnos Devorah High School 8.9 mi Private 9-11 0 0
      Assumption Elementary School 9.0 mi Catholic K-8 0 0
      St. Ignatius Of Loyola Elementary School 9.1 mi Catholic PRESCHOOL-8 0 4
      Rockdale Elementary School 9.3 mi Public K-6 3 4
      Lillian Street Elementary School 9.3 mi Public K-6 2 5
      St. Michael Elementary School 9.4 mi Catholic PRESCHOOL-8 0 4
      Westside Innovative School House 9.5 mi Public K-5 4 5
      Good Shepherd Lutheran 9.5 mi Private PRESCHOOL-6 0 4
      El Sereno Elementary School 9.7 mi Public PRESCHOOL-6 3 5
      California Academy For Liberal Studies 9.7 mi Public 6-8 4 4
      St. Eugene School 9.7 mi Catholic K-8 0 5
      Our Lady Of Lourdes School 9.9 mi Catholic PRESCHOOL-8 0 4
      Kiddie Tots Prep School 10.4 mi Private PRESCHOOL-1 0 4
      St. Aloysius Gonzaga School 10.4 mi Catholic PRESCHOOL-8 0 5
      Nimo Pat Brown School 10.5 mi Public 9-12 4 4
      Alphonso B. Perez Special Education Center 10.7 mi Public PRESCHOOL-12 0 5
      Valor Academy Charter 11.0 mi Public 5-6 4-5 5
      Ninety-sixth Street Elementary School 11.1 mi Public PRESCHOOL-6 3 5
      Vena Avenue Elementary School 11.4 mi Public K-5 4-5 4
      Bandini Elementary School 11.7 mi Public K-5 2 5
      Kipp Raices Academy 11.8 mi Public K-4 5 4
      Verbum Dei High School 11.8 mi Catholic 9-12 0 5
      One Hundred Sixteenth Street Elementary School 12.1 mi Public K-5 1 5
      San Miguel Catholic School 12.3 mi Catholic PRESCHOOL-8 0 4
      Mary Immaculate Elementary School 12.8 mi Catholic PRESCHOOL-8 0 4
      Guardian Angel Elementary School 13.1 mi Catholic K-8 0 5
      Magnolia Science Academy 13.1 mi Public 6-12 3 4
      Heart Of The Valley Christian School 13.6 mi Private PRESCHOOL-6 0 5
      Lewis Carroll Academy 14.3 mi Private PRESCHOOL-6 0 5
      Kirk O' The Valley School 14.3 mi Private PRESCHOOL-5 0 5
      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 2014
      Local Weather for Los Angeles, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.