Is Los Angeles, CA 90046 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Los Angeles is a buyer’s market. With about 7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #951 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7Under 4 months = seller’s market
Sold above original list24.5%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market85Listing to accepted offer
Median price per sq ft$841▼ −6.7% vs. last year

The Los Angeles housing market right now

In the three months ending August 31, 2026, 25% of homes in Los Angeles, CA 90046 sold above their list price, the typical home went under contract in 85 days and there were 7 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 105 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (78 days then) and the median sale price fell 6% to $1,669,278. 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 94% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Los Angeles ranks #951 of 1,069 CA ZIP codes with enough sales (score 33 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.

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 →

Where Los Angeles is

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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 7 months of supply in Los Angeles, CA 90046 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 85 days in the latest three months.

Do homes in Los Angeles sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 98.5% 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 $1,669,278 in the three months ending August 31, 2026, about $841 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