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Los Angeles

We've got palm trees, sunshine, and traffic jams alongside luxury high-rises in the city of angels.

54,359

Jobs Created
1.2%

$59,112

Median Household Income
0%

23,504

Total Housing Permits
9%

141

Total Number of Projects
7.6%

$755,796

SFD New Home List Price
8.3%

899

New Home Sales
1.5%
Monthly

Market Health

Los Angeles County's population is 10.2M, with a total workforce of 4.5M. The labor market grew by 54,359 jobs over the past year, up by 1.2%. The median household income in Los Angeles County is $59,112, unchanged from last year and 3.7% below the national average of $61,372. In the housing market, total permits issued totaled 23,504 over the last twelve months, up 9.0% year-over-year.

Los Angeles County has 141 active new home projects on the market, 7.6% more than the 131 from last year. The average list price in the market is $755,796, 8.3% higher than last year and 136.0% above the national average. Over the last three months, new home contracts increased by 1.5% to 899. Los Angeles and Santa Clarita had the highest concentration of the new home contracts in the Los Angeles County market.

Our Experts

Work with leaders in the industry.

Mollie Carmichael

Principal

Mollie Carmichael

Principal

Mollie Carmichael

Principal

Michelle Weedon

Senior Vice President

Michelle Weedon

Senior Vice President

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