Los Angeles Housing Market Update July 2023
Posted by Corrie Sommers on Sunday, July 16, 2023 at 11:40:17 AM
By Corrie Sommers / July 16, 2023
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Los Angeles Housing Market Report 2023
Los Angeles Housing market
Is still experiencing low levels of inventory, yet there is a notable presence of eager buyers actively searching for a home. Just two Sunday’s ago, my open house had over 25+ buyers, received 11 offers and sold over ask in Valley Village!
One of the factors contributing to limited inventory is some homeowners are benefiting from exceptionally low mortgage rates often in the range of 3%.
This makes it less appealing for them to sell their current home and purchase a new one at potentially higher interest rates. Despite this, real estate transactions are still taking place, and multiple offers are still taking place in specific price ranges on move in ready homes.
$3,995,000
5
Beds
4F11/2
Baths
4,176
Sq.Ft.
1956
Year Built
1
Day on Site
23-287449
MLS
Rare opportunity to own an architectural in the sought after Crest streets of 90210. This magnificent contemporary home, newly refreshed in 2021, boasts an abundance of natural light, views of city...
$598,000
2
Beds
1
Baths
1,040
Sq.Ft.
1929
Year Built
1
Day on Site
23-300465
MLS
Classic Spanish Colonial Revival Fixer in Prime Inglewood! This 1,040 sq.ft. gem represents a rare opportunity in one of Inglewood's most sought-after neighborhoods. Step into this 2BR, 1BA,...
$1,595,000
3
Beds
2
Baths
1,984
Sq.Ft.
1969
Year Built
1
Day on Site
23-311163
MLS
Beverly Hills penthouse condo featuring 2 bedrooms, den, 3 bath, 1984 sqft, unique loft space, and a private 700 sqft rooftop terrace with expansive views. Spacious unit with high ceilings, lovely...
$869,000
3
Beds
2
Baths
1,246
Sq.Ft.
1911
Year Built
1
Day on Site
23-314069
MLS
Only 1/2 a mile to the ocean, this charming 2-story Craftsman home is a beach lover's dream come true! With curb appeal galore, this home greets you w/ a white picket fence and lush, tropical,...
$1,399,000
Neighborhood:
Montanya
5
Beds
4
Baths
3,339
Sq.Ft.
2002
Year Built
1
Day on Site
23-316135
MLS
A TASTEFULLY REMODELED BEAUTY!!! Welcome to Valencia's exclusive Westridge neighborhood! Extensively upgraded turn-key home with 1 full bed and bath downstairs, 4 bedroom up located on the...
$420,000
3
Beds
2
Baths
1,434
Sq.Ft.
1964
Year Built
1
Day on Site
CV23148056MR
MLS
LOOKING FOR A HOME WITH LOTS OF SPACE... LOOK NO FUTHER! NEW KITCHEN COMPLETELY REMODEL. BOTH BATHROOMS HAVE BEEN UPGRADED, PROPERTY IS A MUST SEE! ***PAID OFF SOLAR PANELS. *** NEW ROOF. ***NEW...
$715,000
3
Beds
1F13/4
Baths
1,275
Sq.Ft.
1949
Year Built
1
Day on Site
CV23160708MR
MLS
Welcome to this charming 3-bedroom, 1-and-2/3-bathroom home nestled on a spacious lot with an oversized 4-car garage. As you approach the property, you'll be greeted by Several fruit trees; when in...
3
Beds
2
Baths
2,107
Sq.Ft.
1973
Year Built
1
Day on Site
CV23165057MR
MLS
Incredible, well kept, sunny 3 bed 2 bath home in the desirable community West of Apple Valley Rd. New Paint, carpet and flooring throughout. This beautiful property is fully fenced with roll fence...
3
Beds
2
Baths
1,205
Sq.Ft.
2006
Year Built
1
Day on Site
CV23181619MR
MLS
Welcome to 20332 79th street in California City! This stunning 3 bedroom 2-bathroom home checks all the boxes! Features include upgraded flooring, a stunning kitchen with beautiful granite...
4
Beds
2
Baths
1,760
Sq.Ft.
2001
Year Built
1
Day on Site
CV23181986MR
MLS
Turn Key Ready beautiful Property with 4 bedrooms and 2 full bathrooms, near to Murrieta Sports Park, schools and other amenities. New fence was placed March 2023. Water heater was replaced in 2016....
3
Beds
2
Baths
1,001
Sq.Ft.
1901
Year Built
1
Day on Site
DW23080176MR
MLS
GREAT OPPORTUNITY TO OWN 2 PARCELS SIDE BY SIDE: Traditional three bed, two bath home in San Bernardino! Great opportunity for investors or a first-time home buyer with opportunity to build or add on...
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