Is Los Angeles, CA 90077 a buyer’s or seller’s market?
Los Angeles is a buyer’s market. With about 10.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 30% of U.S. ZIP codes, and #953 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
The Los Angeles housing market right now
In the three months ending August 31, 2026, 31% of homes in Los Angeles, CA 90077 sold above their list price, the typical home went under contract in 49 days and there were 10.6 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 27 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (80 days then) and the median sale price fell 2% to $3,435,264. 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 57% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Los Angeles ranks #953 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.
Run the numbers for 90077
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
Find towns like Los Angeles in other states →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 10.6 months of supply in Los Angeles, CA 90077 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 49 days in the latest three months.
Do homes in Los Angeles sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 95.9% 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 $3,435,264 in the three months ending August 31, 2026, about $970 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