Is Los Angeles, CA 90017 a buyer’s or seller’s market?
Los Angeles is a buyer’s market. With about 41.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Los Angeles housing market right now
In the three months ending August 31, 2026, 17% of homes in Los Angeles, CA 90017 sold above their list price, the typical home went under contract in 75 days and there were 41.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold faster (177 days then) and the median sale price rose 5% to $580,749. 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 91% of the county’s ZIP codes, and sell less often over asking than in 92%.
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.
Run the numbers for 90017
Nearby markets
Acton 93510Buyer’s market $366 /sq ftAgoura Hills 91301Balanced $584 /sq ftAlhambra 91801Seller’s market $576 /sq ftAlhambra 91803Seller’s market $620 /sq ft Browse all markets →Towns like Los Angeles nearby
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Questions about Los Angeles real estate
Is Los Angeles a buyer’s or seller’s market?
A buyer’s market: there were 41.6 months of supply in Los Angeles, CA 90017 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Los Angeles?
The typical home went under contract in 75 days in the latest three months.
Do homes in Los Angeles sell over asking?
17% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Los Angeles?
About 1.15% of a home’s value a year in Los Angeles County, or roughly $4,600 on a $400,000 home.
What is the median home price in Los Angeles?
The median sale price was $580,749 in the three months ending August 31, 2026, about $602 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology