Is Los Angeles, CA 90007 a buyer’s or seller’s market?

The Los Angeles housing market right now

In the three months ending August 31, 2026, 9% of homes in Los Angeles, CA 90007 sold above their list price, the typical home went under contract in 73 days and there were 16.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold faster (122 days then) and the median sale price fell 28% to $749,676. Overall, Los Angeles is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 96%.

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.