Housing market report for July 2022: Southern California

Los angeles homes and townhouses for sale

See previous months’ highlights


Home prices in Los Angeles were down $5,000 over the previous month in July 2022. The average home sold for $1,675,000, or $927 per square foot. On average, homes were on the market in LA for 14 days, up from 9 days the previous month. The average days on market for a home in Southern California was up across the region.

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Home prices


West LA:

$1,699,000

$1,675,000

98%


San Gabriel Valley:

$1,043,940

$1,099,000

105%


San Diego:

$1,295,000

$1,258,000

97%


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Inventory


West LA:

152

82


San Gabriel Valley:

421

211


San Diego:

660

383


West LA days on market: 14

San Gabriel Valley days on market: 15

San Diego days on market: 15

Our research team analyzed the competition in select local areas.


Westside LA data is for Culver City, Santa Monica, Century City, Sawtelle, and Redondo Beach.

San Gabriel Valley data is for Pasadena, Arcadia, La Verne, Rowland Heights, Diamond Bar, West Covina, and Hacienda Heights.

San Diego data is for postal codes 92130, 92131, 92129, 92128, 92064, 92127, 92009, 92010 92120, 92024, 92117, 92122, 92126, 92121, 92104, 92101.


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