Is Los Angeles, CA 90029 a buyer’s or seller’s market?

The Los Angeles housing market right now

In the three months ending August 31, 2026, 19% of homes in Los Angeles, CA 90029 sold above their list price, the typical home went under contract in 45 days and there were 6.2 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 16 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold faster (90 days then) and the median sale price rose 14% to $1,072,536. Overall, Los Angeles is more competitive than a year ago, so tougher for buyers.

Within Los Angeles County, homes here sell faster than in 59% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Los Angeles ranks #894 of 1,069 CA ZIP codes with enough sales (score 40 out of 100).

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.