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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Feliz is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Los Feliz has remained a Seller's Market.

Key Takeaway

Los Feliz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Los Feliz, CA

How much do homes in Los Feliz, CA cost?

Median Sold Price

$2,060,000

$959/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$149,000(+7.8%)

Key Takeaway

Homes in Los Feliz have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Los Feliz was $2,060,000 in November 2024, up 7.8% from last year, and the median price per square foot was $959.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $594.5K$797.5K
+34.1%
2 $1.0M$1.0M
+4.9%
3 $1.9M$1.9M
-0.9%
4 $2.2M$2.5M
+12.4%
5+ $3.6M$3.2M
-11.5%

Summary: Los Feliz housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.1%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 11.5%.

Housing Supply in Los Feliz, CA

How many homes are available in Los Feliz, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8691+5.8%

Summary: The Los Feliz real estate market had 91 homes for sale in November 2024, a 5.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1112
+9.1%
3 2425
+4.2%
4 2321
-8.7%
5+ 2732
+18.5%

Summary: The Los Feliz housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 18.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1520+33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Los Feliz, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Los Feliz in November 2024, up by 33.3% month-over-month. Of the 20 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.

Days on Market for Los Feliz, CA

How long does it take to sell a home in Los Feliz, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
66 Days29 Days-55.2%

Summary: Homes in Los Feliz had an average of 29 days on market in Nov 2024, down by 55.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Los Feliz are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in Los Feliz; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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