Los Angeles, CA

From the Hollywood charm, to the celebrities, to the famous beaches, there’s no shortage of star-power in Los Angeles. It continues to draw in homeowners to realize their dreams. It continues to have an upward trend in real estate sales, year over year. No matter what the economy is doing, Los Angeles will always attract Angelinos, willing to pay top dollar for the Hollywood lifestyle and it’s amazing weather. According to Redfin, in September 2021, Los Angeles home prices were up 9.5% compared to last year, selling for a median price of $920K. On average, homes in Los Angeles sell after 38 days on the market compared to 43 days last year and sales have increased 9.6% versus an average 7% gain since 1988. With such a steady real estate trend, investors will profit from buying properties in Los Angeles.