{"id":81472,"date":"2025-07-24T06:00:03","date_gmt":"2025-07-24T13:00:03","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=81472"},"modified":"2025-07-23T21:04:03","modified_gmt":"2025-07-24T04:04:03","slug":"los-angeles-wildfires","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/los-angeles-wildfires\/","title":{"rendered":"Over $50 Billion Worth of Los Angeles Homes Were Impacted by the January Wildfires"},"content":{"rendered":"<p><strong><i>The typical home that was impacted had a value of $3.7 million prior to the fires.<\/i><\/strong><\/p>\n<p><span style=\"font-weight: 400;\">$51.7 billion worth of homes in the city of Los Angeles\u2014or roughly 11,000 residential properties\u2014were impacted by the <\/span><a href=\"https:\/\/www.redfin.com\/news\/los-angeles-wildfires-housing-statistics\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">wildfires<\/span><\/a><span style=\"font-weight: 400;\"> in January.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is according to a Redfin analysis of data from the Los Angeles City Council. The council shared<\/span><span style=\"font-weight: 400;\"> a list of 11,125 residential parcels in the city of Los Angeles that were inspected by the Los Angeles Department of Building and Safety after the wildfires. Redfin was able to match nearly 11,000 of those parcels with Redfin property value estimates as of December 2024\u2014the month before the fires. Many, but not all, were completely destroyed by the fires. The majority of the properties Redfin analyzed were single-family homes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most homes in this analysis were impacted by the Palisades Fire, which is estimated to be the third most <\/span><a href=\"https:\/\/34c031f8-c9fd-4018-8c5a-4159cdff6b0d-cdn-endpoint.azureedge.net\/-\/media\/calfire-website\/our-impact\/fire-statistics\/top20_destruction_061925.pdf?rev=44aa48ce19614b759d44cf02380f34a5&amp;hash=59939EF7BE88548E2E8B4D718F060531\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">destructive<\/span><\/a><span style=\"font-weight: 400;\"> wildfire in California history, according to the California Department of Forestry and Fire Protection (Cal Fire). The fire made news for destroying homes in the high-end <\/span><a href=\"https:\/\/www.redfin.com\/neighborhood\/64066\/CA\/Los-Angeles\/Pacific-Palisades\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Pacific Palisades<\/span><\/a><span style=\"font-weight: 400;\"> neighborhood, but many other areas were also devastated in January fires. Please note that this analysis excludes the impact of the Eaton Fire, which impacted the Los Angeles suburb of <\/span><a href=\"https:\/\/www.redfin.com\/city\/21169\/CA\/Altadena\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Altadena<\/span><\/a><span style=\"font-weight: 400;\">, meaning the<\/span> <span style=\"font-weight: 400;\">total value of homes destroyed in the January fires likely far exceeds $51.7 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here are some other statistics gleaned from Redfin\u2019s analysis of nearly 11,000 affected Los Angeles properties:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The typical impacted home had a value of $3.7 million prior to the fires\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nearly 100 properties had a value of over $20 million prior to the fires<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The typical impacted home was built in 1957<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The typical impacted home was 2,916 square feet*<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The roughly 11,000 impacted properties Redfin analyzed total 36.7 million square feet*<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The typical impacted home has a First Street <\/span><a href=\"https:\/\/firststreet.org\/methodology\/fire\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fire Factor<\/span><\/a><span style=\"font-weight: 400;\"> risk score of 5, or \u201cmajor\u201d<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">*<\/span><i><span style=\"font-weight: 400;\">Finished square footage of main structures<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe L.A. housing market is moving slowly after the fires,\u201d said local <\/span><a href=\"https:\/\/www.redfin.com\/premier\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Redfin Premier<\/span><\/a><span style=\"font-weight: 400;\"> real estate agent <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/gregory-eubanks\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Greg Eubanks<\/span><\/a><span style=\"font-weight: 400;\">. \u201cA lot of people who lost their homes are renting while they work through the insurance claim process, and haven\u2019t figured out whether, when or where they\u2019ll buy again. Some people whose homes burned in the Palisades have put their vacant lots up for sale, but those aren\u2019t selling as quickly as the lots in Altadena because the price point in the Palisades is so much higher, which is a barrier for investors. It\u2019s also a bit of a tough sell because infrastructure hasn\u2019t been rebuilt yet\u2014there are still no grocery stores.\u201d<\/span><\/p>\n<div id=\"viz1753204406154\" class=\"tableauPlaceholder\" style=\"position: relative;\"><noscript><a href='#'><img alt=' ' src='https:&#47;&#47;public.tableau.com&#47;static&#47;images&#47;LA&#47;LAWildfires&#47;Dashboard1&#47;1_rss.png' style='border: none' \/><\/a><\/noscript><object class=\"tableauViz\" style=\"display: none;\" width=\"300\" height=\"150\"><param name=\"host_url\" value=\"https%3A%2F%2Fpublic.tableau.com%2F\" \/><param name=\"embed_code_version\" value=\"3\" \/><param name=\"site_root\" value=\"\" \/><param name=\"name\" value=\"LAWildfires\/Dashboard1\" \/><param name=\"tabs\" value=\"no\" \/><param name=\"toolbar\" value=\"yes\" \/><param name=\"static_image\" value=\"https:\/\/public.tableau.com\/static\/images\/LA\/LAWildfires\/Dashboard1\/1.png\" \/><param name=\"animate_transition\" value=\"yes\" \/><param name=\"display_static_image\" value=\"yes\" \/><param name=\"display_spinner\" value=\"yes\" \/><param name=\"display_overlay\" value=\"yes\" \/><param name=\"display_count\" value=\"yes\" \/><param name=\"language\" value=\"en-US\" \/><param name=\"filter\" value=\"publish=yes\" \/><\/object><\/div>\n<p><script type='text\/javascript'>                    var divElement = document.getElementById('viz1753204406154');                    var vizElement = divElement.getElementsByTagName('object')[0];                    if ( divElement.offsetWidth > 800 ) { vizElement.style.width='1366px';vizElement.style.height='795px';} else if ( divElement.offsetWidth > 500 ) { vizElement.style.width='1366px';vizElement.style.height='795px';} else { vizElement.style.width='100%';vizElement.style.height='727px';}                     var scriptElement = document.createElement('script');                    scriptElement.src = 'https:\/\/public.tableau.com\/javascripts\/api\/viz_v1.js';                    vizElement.parentNode.insertBefore(scriptElement, vizElement);                <\/script><\/p>\n<p><span style=\"font-weight: 400;\">Fire risk scores are based on the latest available data from First Street and reflect their composite methodology, which incorporates both historical fire activity and forward-looking climate modeling. These scores are not time-stamped in the traditional sense, as they are designed to represent ongoing and projected risk rather than a fixed point in time.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The typical home that was impacted had a value of $3.7 million prior to the fires. $51.7 billion worth of homes in the city of Los Angeles\u2014or roughly 11,000 residential properties\u2014were impacted by the wildfires in January.\u00a0 This is according to a Redfin analysis of data from the Los Angeles City Council. The council shared [&hellip;]<\/p>\n","protected":false},"author":13346,"featured_media":81474,"comment_status":"closed","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":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","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":[52,43],"tags":[565,630,40,738],"dashboard":[],"coauthors":[125,688],"class_list":["post-81472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-change","category-housing-equality-policy","tag-climate","tag-climate-change","tag-environmental","tag-wildfires"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>$52 Billion of L.A. 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