Provided by themlsblog:

While the overall median sales price for single family homes in The MLS™/CLAW Areas (Pacific Coast Highway to Downtown Los Angeles) remained the same in Q1-2019 versus Q1-2018, our market climate map shows that we had 22 areas of growth, 23 areas of decline and 4 areas of no change. Here are the top 5 performing areas from Q1-2019:

Top 5 Median Sales Price Growth

  1. Mount Washington (MSP +$329K, 37% Increase)
  2. Malibu (MSP +$865K, 34% Increase)
  3. Ladera Heights (MSP +$405k, 33% Increase)
  4. Cheviot Hills-Rancho Park (MSP +$660K, 33% Increase)
  5. Beverly Hills Post Office (MSP +$760K, 32% Increase)
  6. East Los Angeles (MSP +$132K, 32% Increase)

 

Top 5 Highest Median Sales Price

  1. Beverly Hills $6,885,000
  2. Malibu Beach $5,800,000
  3. Beverly Hills Post Office $3,380,910
  4. Malibu $3,340,000
  5. Pacific Palisades $3,080,000

Here’s the complete Market Climate Map with data on each area:

los angeles real estate market climate map single family homes 2019 first quarter

Click here for the original post from the MLS.

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.