Los Angeles market trends indicate an increase of $83,000 (11%) in median home sales over the past year. The average price per square foot for this same period rose to $674, up from $609. (Source: TRULIA)
The median home value in Los Angeles County is $606,900. Los Angeles County home values have gone up 6.8% over the past year and Zillow predicts they will rise 5.8% within the next year. The median list price per square foot in Los Angeles County is $430, which is lower than the Los Angeles-Long Beach-Anaheim Metro average of $432. The median price of homes currently listed in Los Angeles County is $658,000 while the median price of homes that sold is $601,600. The median rent price in Los Angeles County is $3,162, which is lower than the Los Angeles-Long Beach-Anaheim Metro median of $3,200. (Source: Zillow)