$10,000 Closing Credit*
$1,599,000
1,408 SqFt
2 Beds
•2 Full Baths
Sean Curts, Listing Office: The ONE Luxury Properties
Is Los Feliz, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Los Feliz was a Seller's Market.
Key Takeaway
Los Feliz is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Los Feliz, CA
How much do homes in Los Feliz, CA cost?
Median Sold Price
$2,055,000
$960/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$190,000(+10.2%)
Key Takeaway
Homes in Los Feliz have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Los Feliz was $2,055,000 in October 2024, up 10.2% from last year, and the median price per square foot was $960.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $594.5K | $797.5K | +34.1% |
| 2 Bedrooms | $997.5K | $1.1M | +15.5% |
| 3 Bedrooms | $1.9M | $2.0M | +3.8% |
| 4 Bedrooms | $2.2M | $2.5M | +10.3% |
| 5+ Bedrooms | $3.3M | $3.4M | +4.4% |
Summary: Los Feliz housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.1%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in Los Feliz, CA
How many homes are available in Los Feliz, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 96 | +31.5% |
Summary: The Los Feliz real estate market had 96 homes for sale in October 2024, a 31.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 20 | 27 | +35.0% |
| 4 Bedrooms | 14 | 26 | +85.7% |
| 5+ Bedrooms | 25 | 30 | +20.0% |
Summary: The Los Feliz housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Los Feliz, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Los Feliz in October 2024, up by 55.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 15 Days | -28.1% |
Summary: Homes in Los Feliz had an average of 15 days on market in Oct 2024, down by 28.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Los Feliz are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Los Feliz; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.