Market Update
- Week of March 15, 2026
Weekly snapshot of Los Angeles Metro real estate: median prices, listings, mortgage rates, cancellations, and buyer/seller tips
Median List Price
$999,000
Median Sold Price
$975,000
Price per Sq. Ft.
$640
Active Listings
18,500
Days on Market
49
Market Type
Somewhat Competitive
Mortgage Rate Snapshot
A quick look at current borrowing costs.
30-Year Fixed
6.34%
Weekly change: —
15-Year Fixed
5.64%
Weekly change: —
Buyer Tip
Study Neighborhood Trends, Not Just the House
Inventory levels, commute patterns, school options, and nearby development can all influence long-term satisfaction and resale value. For guidance, visit seekingagents.com.
Seller Tip
Be Ready for Inspection Negotiations
A buyer’s inspection often shapes the final deal, so decide in advance how you want to handle credits, repairs, or concessions. Connect with experienced support at seekingagents.com.
Market Watch
Home sale cancellations in the Los Angeles metro area often rise when appraisal gaps, insurance costs, or inspection issues lead buyers to renegotiate or walk away.
Source: https://www.redfin.com/city/11203/CA/Los-Angeles/housing-market