Market Report: Los Angeles

Market Report provided by Nest Seekers

In June 2021, Los Angeles home prices were up 24.7% compared to last year, and days-on-market decreased by 27.1% for the same time period. 60.4% of homes sold above list price last month, up 75% year-over-year. Overall, prices increased 8% in 2020, the tenth consecutive year of price growth for Los Angeles, with expectations of closing 2021 with an even more significant increase.