{"id":45007,"date":"2016-02-18T05:00:42","date_gmt":"2016-02-18T13:00:42","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=45007"},"modified":"2020-10-05T16:22:56","modified_gmt":"2020-10-05T23:22:56","slug":"jan-los-angeles-housing-market-tracker","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/","title":{"rendered":"Los Angeles Real Estate Market Shows Signs of an Early Spring"},"content":{"rendered":"

The Los Angeles<\/span><\/a> median home sale price rose 11.2 percent in January from a year earlier to $567,000, continuing a three-month trend of increasing price appreciation. Home sales increased for the second-straight month, rising three percent over last year.<\/span><\/p>\n

\"Median<\/figure>\n
\"Home<\/figure>\n

The number of homes for sale in Los Angeles fell 2.7 percent compared to a year earlier, bad news for buyers but an improvement over the double-digit inventory declines the market sustained throughout most of 2015. Thanks in part to a boost in new listings in January — up 1.4 percent over last year — L.A. had more than a three-month supply of properties on offer. <\/span><\/p>\n

That\u2019s still less than the six months of supply that signals a balanced market. And many of the homes newly listed for sale were out of reach for the typical buyer. <\/span><\/p>\n

\u201cLow inventory is still a major concern for buyers across Los Angeles as a whole, especially among homes in affordable price ranges,\u201d said Redfin <\/span>real estate agent<\/span><\/a> Alec Traub, who is seeing a spike in homes being listed for sale in luxury neighborhoods such as the Pacific Palisades and Beverly Hills. <\/span><\/p>\n

\u201cSellers in the $3 million-plus price range are starting to express concerns about the softening stock market and global economy,\u201d Traub said. \u201cMany of these properties are also second homes and their owners are more motivated to sell now than they were this time last year.\u201d<\/span><\/p>\n

\"Inventory<\/figure>\n

Area Trends and Hot Neighborhoods<\/h3>\n

A significant number of homes went up for sale in several L.A. luxury neighborhoods in January. New listings spiked year over year in Hancock Park (120%), Cheviot Hills (76.5%), Beverly Glen (64.7%) and the Pacific Palisades (62.7%). <\/span><\/p>\n

The median sale price in all of these neighborhoods was more than $1 million. In the Pacific Palisades it was $2.45 million, the highest of the neighborhoods we tracked this month.<\/span><\/p>\n

On the other end of the price spectrum, competition intensified in a few of L.A.\u2019s more affordable neighborhoods. Pacoima was the fastest market, with a typical home under contract in eight days. Although nearly half of Pacoima homes sold for more than the seller\u2019s asking price, buyers can still find a home there for less than $400,000. <\/span><\/p>\n

As predicted<\/span><\/a>, the region\u2019s hottest neighborhood last month was Mount Washington, where prices rose nearly 25 percent to $795,000, and sales jumped almost 20 percent from a year earlier. Homes typically sold within two weeks and fetched five percent more than asking price.<\/span><\/p>\n

Here\u2019s what\u2019s happening in your neighborhood:<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Neighborhood<\/th>\nMedian Sale Price<\/th>\nYear-Over-Year<\/th>\nHomes Sold<\/th>\nYear-Over-Year<\/th>\nInventory<\/th>\nYear-Over-Year<\/th>\nNew Listings<\/th>\nMedian Days on Market<\/th>\nAvg Sale-to-List<\/th>\n<\/tr>\n<\/thead>\n
Beverly Glen<\/a><\/td>\n$2,300,000<\/td>\n73.1%<\/td>\n19<\/td>\n46.2%<\/td>\n26<\/td>\n0.0%<\/td>\n28<\/td>\n57<\/td>\n95.4%<\/td>\n<\/tr>\n
Beverly Hills Post Office<\/a><\/td>\n$2,350,000<\/td>\n52.7%<\/td>\n43<\/td>\n4.9%<\/td>\n76<\/td>\n13.4%<\/td>\n84<\/td>\n38<\/td>\n95.1%<\/td>\n<\/tr>\n
Brentwood<\/a><\/td>\n$1,489,000<\/td>\n-8.4%<\/td>\n104<\/td>\n-5.5%<\/td>\n104<\/td>\n46.5%<\/td>\n133<\/td>\n27<\/td>\n97.5%<\/td>\n<\/tr>\n
Central LA<\/a><\/td>\n$854,000<\/td>\n5.4%<\/td>\n720<\/td>\n-5.0%<\/td>\n793<\/td>\n9.2%<\/td>\n1,072<\/td>\n31<\/td>\n96.8%<\/td>\n<\/tr>\n
Century City<\/a><\/td>\n$942,500<\/td>\n10.9%<\/td>\n84<\/td>\n9.1%<\/td>\n61<\/td>\n-9.0%<\/td>\n85<\/td>\n26<\/td>\n98.3%<\/td>\n<\/tr>\n
Chatsworth<\/a><\/td>\n$505,000<\/td>\n1.2%<\/td>\n91<\/td>\n-5.2%<\/td>\n81<\/td>\n8.0%<\/td>\n132<\/td>\n18<\/td>\n97.0%<\/td>\n<\/tr>\n
Cheviot Hills<\/a><\/td>\n$1,502,833<\/td>\n-0.8%<\/td>\n17<\/td>\n-15.0%<\/td>\n19<\/td>\n280.0%<\/td>\n30<\/td>\n15<\/td>\n94.6%<\/td>\n<\/tr>\n
Crenshaw<\/a><\/td>\n$628,125<\/td>\n80.5%<\/td>\n42<\/td>\n68.0%<\/td>\n17<\/td>\n-10.5%<\/td>\n39<\/td>\n20<\/td>\n100.9%<\/td>\n<\/tr>\n
Downtown<\/a><\/td>\n$592,000<\/td>\n1.2%<\/td>\n82<\/td>\n0.0%<\/td>\n102<\/td>\n20.0%<\/td>\n109<\/td>\n30<\/td>\n97.0%<\/td>\n<\/tr>\n
Eagle Rock<\/a><\/td>\n$692,000<\/td>\n7.6%<\/td>\n58<\/td>\n31.8%<\/td>\n37<\/td>\n-5.1%<\/td>\n59<\/td>\n19<\/td>\n100.9%<\/td>\n<\/tr>\n
East LA<\/a><\/td>\n$620,000<\/td>\n18.8%<\/td>\n507<\/td>\n-0.6%<\/td>\n415<\/td>\n12.2%<\/td>\n667<\/td>\n21<\/td>\n100.2%<\/td>\n<\/tr>\n
Encino<\/a><\/td>\n$730,250<\/td>\n4.9%<\/td>\n175<\/td>\n6.7%<\/td>\n125<\/td>\n1.6%<\/td>\n182<\/td>\n23<\/td>\n96.4%<\/td>\n<\/tr>\n
Fox Hills<\/a><\/td>\n$430,000<\/td>\n1.2%<\/td>\n22<\/td>\n-33.3%<\/td>\n9<\/td>\n0.0%<\/td>\n20<\/td>\n14<\/td>\n100.6%<\/td>\n<\/tr>\n
Glassell Park<\/a><\/td>\n$627,500<\/td>\n14.3%<\/td>\n35<\/td>\n-5.4%<\/td>\n22<\/td>\n-26.7%<\/td>\n30<\/td>\n24<\/td>\n100.1%<\/td>\n<\/tr>\n
Greater Echo Park Elysian<\/a><\/td>\n$815,500<\/td>\n10.6%<\/td>\n54<\/td>\n31.7%<\/td>\n62<\/td>\n72.2%<\/td>\n86<\/td>\n29<\/td>\n97.6%<\/td>\n<\/tr>\n
Hancock Park<\/a><\/td>\n$1,515,000<\/td>\n-31.0%<\/td>\n13<\/td>\n-31.6%<\/td>\n25<\/td>\n150.0%<\/td>\n33<\/td>\n37<\/td>\n95.2%<\/td>\n<\/tr>\n
Highland Park<\/a><\/td>\n$600,000<\/td>\n2.8%<\/td>\n73<\/td>\n-24.7%<\/td>\n57<\/td>\n9.6%<\/td>\n93<\/td>\n20<\/td>\n100.6%<\/td>\n<\/tr>\n
Hollywood<\/a><\/td>\n$750,000<\/td>\n-5.7%<\/td>\n55<\/td>\n-12.7%<\/td>\n68<\/td>\n9.7%<\/td>\n105<\/td>\n27<\/td>\n98.5%<\/td>\n<\/tr>\n
Hollywood Hills West<\/a><\/td>\n$1,050,000<\/td>\n-6.1%<\/td>\n99<\/td>\n4.2%<\/td>\n118<\/td>\n2.6%<\/td>\n151<\/td>\n31<\/td>\n95.8%<\/td>\n<\/tr>\n
Holmby Hills<\/a><\/td>\n$1,174,500<\/td>\n-23.7%<\/td>\n6<\/td>\n0.0%<\/td>\n12<\/td>\n-7.7%<\/td>\n12<\/td>\n66<\/td>\n93.9%<\/td>\n<\/tr>\n
Lake Balboa<\/a><\/td>\n$479,000<\/td>\n12.7%<\/td>\n74<\/td>\n-18.7%<\/td>\n43<\/td>\n4.9%<\/td>\n90<\/td>\n14<\/td>\n99.3%<\/td>\n<\/tr>\n
Marina del Rey<\/a><\/td>\n$835,000<\/td>\n7.1%<\/td>\n79<\/td>\n-25.5%<\/td>\n50<\/td>\n-20.6%<\/td>\n71<\/td>\n24<\/td>\n97.9%<\/td>\n<\/tr>\n
Mid-City<\/a><\/td>\n$830,000<\/td>\n14.5%<\/td>\n126<\/td>\n-4.5%<\/td>\n118<\/td>\n0.0%<\/td>\n166<\/td>\n27<\/td>\n97.9%<\/td>\n<\/tr>\n
Mount Washington<\/a><\/td>\n$795,000<\/td>\n24.7%<\/td>\n31<\/td>\n19.2%<\/td>\n18<\/td>\n63.6%<\/td>\n32<\/td>\n15<\/td>\n104.8%<\/td>\n<\/tr>\n
North Hollywood<\/a><\/td>\n$470,000<\/td>\n9.4%<\/td>\n119<\/td>\n-9.8%<\/td>\n109<\/td>\n31.3%<\/td>\n171<\/td>\n20<\/td>\n98.2%<\/td>\n<\/tr>\n
North Valley<\/a><\/td>\n$450,000<\/td>\n7.4%<\/td>\n1,084<\/td>\n6.6%<\/td>\n772<\/td>\n17.5%<\/td>\n1,362<\/td>\n16<\/td>\n98.6%<\/td>\n<\/tr>\n
Northwest San Pedro<\/a><\/td>\n$481,000<\/td>\n8.1%<\/td>\n71<\/td>\n20.3%<\/td>\n54<\/td>\n10.2%<\/td>\n76<\/td>\n21<\/td>\n97.8%<\/td>\n<\/tr>\n
Pacific Palisades<\/a><\/td>\n$2,450,000<\/td>\n19.5%<\/td>\n79<\/td>\n17.9%<\/td>\n106<\/td>\n53.6%<\/td>\n135<\/td>\n36<\/td>\n96.3%<\/td>\n<\/tr>\n
Pacoima<\/a><\/td>\n$360,000<\/td>\n9.1%<\/td>\n66<\/td>\n20.0%<\/td>\n47<\/td>\n27.0%<\/td>\n94<\/td>\n8<\/td>\n100.6%<\/td>\n<\/tr>\n
Panorama City<\/a><\/td>\n$399,500<\/td>\n11.0%<\/td>\n79<\/td>\n-12.2%<\/td>\n72<\/td>\n22.0%<\/td>\n121<\/td>\n16<\/td>\n99.8%<\/td>\n<\/tr>\n
Sherman Oaks<\/a><\/td>\n$792,500<\/td>\n15.7%<\/td>\n194<\/td>\n-8.9%<\/td>\n165<\/td>\n7.1%<\/td>\n233<\/td>\n18<\/td>\n98.2%<\/td>\n<\/tr>\n
Silver Lake<\/a><\/td>\n$1,001,500<\/td>\n9.2%<\/td>\n57<\/td>\n21.3%<\/td>\n36<\/td>\n-16.3%<\/td>\n65<\/td>\n19<\/td>\n100.8%<\/td>\n<\/tr>\n
South Central LA<\/a><\/td>\n$354,000<\/td>\n8.9%<\/td>\n188<\/td>\n0.5%<\/td>\n181<\/td>\n-18.5%<\/td>\n282<\/td>\n24<\/td>\n97.5%<\/td>\n<\/tr>\n
South LA<\/a><\/td>\n$380,625<\/td>\n12.3%<\/td>\n780<\/td>\n1.0%<\/td>\n791<\/td>\n0.0%<\/td>\n1,169<\/td>\n24<\/td>\n98.5%<\/td>\n<\/tr>\n
South Valley<\/a><\/td>\n$536,000<\/td>\n8.3%<\/td>\n1,370<\/td>\n-2.7%<\/td>\n1,119<\/td>\n11.5%<\/td>\n1,706<\/td>\n20<\/td>\n97.9%<\/td>\n<\/tr>\n
Studio City<\/a><\/td>\n$980,000<\/td>\n23.3%<\/td>\n141<\/td>\n33.0%<\/td>\n137<\/td>\n39.8%<\/td>\n173<\/td>\n25<\/td>\n96.2%<\/td>\n<\/tr>\n
Sun Valley<\/a><\/td>\n$425,000<\/td>\n10.1%<\/td>\n67<\/td>\n0.0%<\/td>\n41<\/td>\n-25.5%<\/td>\n87<\/td>\n14<\/td>\n98.7%<\/td>\n<\/tr>\n
Sylmar<\/a><\/td>\n$400,000<\/td>\n8.1%<\/td>\n128<\/td>\n-0.8%<\/td>\n96<\/td>\n11.6%<\/td>\n174<\/td>\n17<\/td>\n98.6%<\/td>\n<\/tr>\n
Tarzana<\/a><\/td>\n$592,500<\/td>\n14.2%<\/td>\n118<\/td>\n16.8%<\/td>\n97<\/td>\n11.5%<\/td>\n151<\/td>\n24<\/td>\n97.4%<\/td>\n<\/tr>\n
Valley Village<\/a><\/td>\n$760,000<\/td>\n17.8%<\/td>\n37<\/td>\n-30.2%<\/td>\n35<\/td>\n94.4%<\/td>\n51<\/td>\n30<\/td>\n97.3%<\/td>\n<\/tr>\n
Van Nuys<\/a><\/td>\n$471,000<\/td>\n9.5%<\/td>\n93<\/td>\n-17.0%<\/td>\n91<\/td>\n5.8%<\/td>\n134<\/td>\n16<\/td>\n99.6%<\/td>\n<\/tr>\n
Venice<\/a><\/td>\n$1,642,500<\/td>\n10.5%<\/td>\n80<\/td>\n-14.9%<\/td>\n96<\/td>\n15.7%<\/td>\n104<\/td>\n31<\/td>\n95.8%<\/td>\n<\/tr>\n
Watts<\/a><\/td>\n$263,000<\/td>\n7.9%<\/td>\n65<\/td>\n10.2%<\/td>\n80<\/td>\n63.3%<\/td>\n104<\/td>\n39<\/td>\n98.1%<\/td>\n<\/tr>\n
West Adams<\/a><\/td>\n$522,500<\/td>\n18.8%<\/td>\n42<\/td>\n2.4%<\/td>\n22<\/td>\n-24.1%<\/td>\n51<\/td>\n14<\/td>\n104.0%<\/td>\n<\/tr>\n
West Long Beach<\/a><\/td>\n$371,500<\/td>\n3.2%<\/td>\n35<\/td>\n16.7%<\/td>\n30<\/td>\n-11.8%<\/td>\n47<\/td>\n36<\/td>\n100.1%<\/td>\n<\/tr>\n
West Los Angeles<\/a><\/td>\n$1,120,000<\/td>\n16.7%<\/td>\n1,298<\/td>\n-3.6%<\/td>\n1,152<\/td>\n11.5%<\/td>\n1,558<\/td>\n25<\/td>\n97.7%<\/td>\n<\/tr>\n
Westwood<\/a><\/td>\n$872,500<\/td>\n5.1%<\/td>\n82<\/td>\n-3.5%<\/td>\n96<\/td>\n-13.5%<\/td>\n118<\/td>\n45<\/td>\n95.3%<\/td>\n<\/tr>\n
Woodland Hills<\/a><\/td>\n$675,000<\/td>\n3.2%<\/td>\n189<\/td>\n13.2%<\/td>\n172<\/td>\n10.3%<\/td>\n249<\/td>\n15<\/td>\n97.3%<\/td>\n<\/tr>\n
Los Angeles, CA<\/b><\/td>\n$567,000<\/b><\/td>\n11.2%<\/b><\/td>\n1,786<\/b><\/td>\n3.0%<\/b><\/td>\n5,930<\/b><\/td>\n-2.7%<\/b><\/td>\n3,517<\/b><\/td>\n27<\/b><\/td>\n97.5%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

NOTE: Not all neighborhoods are listed, but totals for L.A. encompass entire city. Data is based on listing information and might not reflect all real estate activity in the market. Neighborhood-specific data is measured over the three months ended Jan. 31. Inventory measures listings active as of Jan. 31. <\/span><\/p>\n

For more information, contact Redfin journalist services<\/span><\/p>\n

Phone:<\/strong> 206-588-6863
\n<\/span>Email:<\/strong> press@redfin.com<\/span><\/p>\n

To be added to Redfin\u2019s press release distribution list, <\/span>subscribe here. <\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New luxury listings spike as seller worries mount.<\/p>\n","protected":false},"author":13253,"featured_media":53489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[32,68],"coauthors":[],"class_list":["post-45007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regional-trends","tag-housing-market-tracker","tag-local"],"acf":[],"yoast_head":"\nLos Angeles Real Estate Market Shows Signs of an Early Spring - Redfin Real Estate News<\/title>\n<meta name=\"description\" content=\"The Los Angeles real estate market saw a rise in home prices of 11.2 percent in January from a year earlier to $567,000. This was the third month in a row of increasing price appreciation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Los Angeles Real Estate Market Shows Signs of an Early Spring\" \/>\n<meta property=\"og:description\" content=\"The Los Angeles real estate market saw a rise in home prices of 11.2 percent in January from a year earlier to $567,000. This was the third month in a row of increasing price appreciation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2016-02-18T13:00:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-05T23:22:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/09\/Los-Angeles-Market-Tracker-NEW.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"715\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeffery Marino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeffery Marino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/\"},\"author\":{\"name\":\"Jeffery Marino\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/522a55326f03bc6c4edeae22675af625\"},\"headline\":\"Los Angeles Real Estate Market Shows Signs of an Early Spring\",\"datePublished\":\"2016-02-18T13:00:42+00:00\",\"dateModified\":\"2020-10-05T23:22:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/\"},\"wordCount\":646,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/Los-Angeles-Market-Tracker-NEW.jpg\",\"keywords\":[\"Housing Market Tracker\",\"Local\"],\"articleSection\":[\"Regional Trends\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#respond\"]}],\"copyrightYear\":\"2016\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/\",\"name\":\"Los Angeles Real Estate Market Shows Signs of an Early Spring - Redfin Real Estate News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/Los-Angeles-Market-Tracker-NEW.jpg\",\"datePublished\":\"2016-02-18T13:00:42+00:00\",\"dateModified\":\"2020-10-05T23:22:56+00:00\",\"description\":\"The Los Angeles real estate market saw a rise in home prices of 11.2 percent in January from a year earlier to $567,000. This was the third month in a row of increasing price appreciation.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/Los-Angeles-Market-Tracker-NEW.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2016\\\/09\\\/Los-Angeles-Market-Tracker-NEW.jpg\",\"width\":1200,\"height\":715},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/jan-los-angeles-housing-market-tracker\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Los Angeles Real Estate Market Shows Signs of an Early Spring\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/522a55326f03bc6c4edeae22675af625\",\"name\":\"Jeffery Marino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/Redfin-2025-Logo-B-150x150.jpgb98d1f204d143aab6d4240c534a1657e\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/Redfin-2025-Logo-B-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/Redfin-2025-Logo-B-150x150.jpg\",\"caption\":\"Jeffery Marino\"},\"description\":\"Jeffery writes about the L.A. real estate market for Redfin Real Time and works with journalists covering real estate throughout Southern California. He previously worked as an editor and researcher for a leading real estate publishing firm. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our \\\"Why Redfin?,\\\" page.\",\"sameAs\":[\"https:\\\/\\\/www.redfin.com\\\/blog\"],\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/jeffery-marinoredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Los Angeles Real Estate Market Shows Signs of an Early Spring - Redfin Real Estate News","description":"The Los Angeles real estate market saw a rise in home prices of 11.2 percent in January from a year earlier to $567,000. This was the third month in a row of increasing price appreciation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/","og_locale":"en_US","og_type":"article","og_title":"Los Angeles Real Estate Market Shows Signs of an Early Spring","og_description":"The Los Angeles real estate market saw a rise in home prices of 11.2 percent in January from a year earlier to $567,000. This was the third month in a row of increasing price appreciation.","og_url":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2016-02-18T13:00:42+00:00","article_modified_time":"2020-10-05T23:22:56+00:00","og_image":[{"width":1200,"height":715,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/09\/Los-Angeles-Market-Tracker-NEW.jpg","type":"image\/jpeg"}],"author":"Jeffery Marino","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Jeffery Marino","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/"},"author":{"name":"Jeffery Marino","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/522a55326f03bc6c4edeae22675af625"},"headline":"Los Angeles Real Estate Market Shows Signs of an Early Spring","datePublished":"2016-02-18T13:00:42+00:00","dateModified":"2020-10-05T23:22:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/"},"wordCount":646,"commentCount":0,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/09\/Los-Angeles-Market-Tracker-NEW.jpg","keywords":["Housing Market Tracker","Local"],"articleSection":["Regional Trends"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#respond"]}],"copyrightYear":"2016","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/","url":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/","name":"Los Angeles Real Estate Market Shows Signs of an Early Spring - Redfin Real Estate News","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/09\/Los-Angeles-Market-Tracker-NEW.jpg","datePublished":"2016-02-18T13:00:42+00:00","dateModified":"2020-10-05T23:22:56+00:00","description":"The Los Angeles real estate market saw a rise in home prices of 11.2 percent in January from a year earlier to $567,000. This was the third month in a row of increasing price appreciation.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/09\/Los-Angeles-Market-Tracker-NEW.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2016\/09\/Los-Angeles-Market-Tracker-NEW.jpg","width":1200,"height":715},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/jan-los-angeles-housing-market-tracker\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Los Angeles Real Estate Market Shows Signs of an Early Spring"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/522a55326f03bc6c4edeae22675af625","name":"Jeffery Marino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/06\/Redfin-2025-Logo-B-150x150.jpgb98d1f204d143aab6d4240c534a1657e","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/06\/Redfin-2025-Logo-B-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/06\/Redfin-2025-Logo-B-150x150.jpg","caption":"Jeffery Marino"},"description":"Jeffery writes about the L.A. real estate market for Redfin Real Time and works with journalists covering real estate throughout Southern California. He previously worked as an editor and researcher for a leading real estate publishing firm. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our \"Why Redfin?,\" page.","sameAs":["https:\/\/www.redfin.com\/blog"],"url":"https:\/\/www.redfin.com\/news\/author\/jeffery-marinoredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/45007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13253"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=45007"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/45007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/53489"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=45007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=45007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=45007"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=45007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}