What $873K Buys in an LA Condo Right Now

The median LA condo is $873,000

As of July 26, 2026, our live CRMLS report at /market-stats puts the median Los Angeles condo sale price at $873,000, or $688 per square foot, across 1,981 active listings. At current asking prices that band buys roughly 900 to 1,350 square feet — typically a two-bedroom on the Westside, a smaller unit near the Santa Monica sand, or a considerably larger one over the hill.

Six listings inside the band, as of this writing

Every figure below appeared on page one of /condos-for-sale on July 26, 2026, exactly as our feed rendered it. Listings move daily, so read this as a dated snapshot rather than standing inventory.

At $815,000: 836 S Bundy Drive #303, listed as Los Angeles. Two bedrooms, one bath, 1,239 square feet, $658 per square foot. It carries a price-drop badge.

At $830,000: 750 S Spaulding Avenue #129, Los Angeles. Two bedrooms, two baths, 1,305 square feet, $636 per square foot — the lowest per-foot price of the six, and also price-dropped.

At $840,000: 2016 Euclid Street #6 in Santa Monica. Two bedrooms, two baths, 1,082 square feet, $776 per square foot.

At $849,000: 521 Montana Avenue #211 in Santa Monica. One bedroom, one bath, 930 square feet, $913 per square foot. Nine thousand dollars more than the Euclid listing buys 152 fewer square feet and one fewer bedroom, for a Montana Avenue address.

At $895,000: 1340 S Beverly Glen Boulevard #211, Los Angeles. Two bedrooms, two baths, 1,201 square feet, $745 per square foot, price-dropped.

At $899,000: 1834 11th Street #2 in Santa Monica. Two bedrooms, two and a half baths, 1,356 square feet, $663 per square foot — the largest of the six, and also carrying a price cut.

Location, not size, is what the median is really pricing

Put the two extremes of that list next to each other. At 521 Montana the asking price works out to $913 per square foot; at 750 S Spaulding it is $636. That is a spread of $277 per foot between two condos priced $19,000 apart. Almost none of the difference is the unit. All of it is the pin on the map.

Cross the hill and the arithmetic inverts. On the same page, $769,000 buys 4477 Woodman Avenue #202 in Sherman Oaks: two bedrooms, two baths, 1,438 square feet at $535 per square foot. That is 82 more square feet than the largest Santa Monica listing in our band, for $130,000 less. Go the other direction and Playa Vista charges $963 per square foot for 13045 Pacific Promenade #102 — one bedroom, one bath, 830 square feet at $799,000.

The live neighborhood reports show the same gradient. As of September 26, 2026, the median asking price on condo listings was roughly $997 per square foot in Santa Monica (/market-reports/santa-monica) against roughly $521 in Sherman Oaks (/market-reports/sherman-oaks). Neighborhood research is at /neighborhoods/santa-monica, /neighborhoods/sherman-oaks and /neighborhoods/playa-vista.

What the median does not buy

The median does not reach the Westside's priciest districts. As of September 26, 2026, the median asking price on condo listings was about $2.25 million in Century City (/market-reports/century-city), about $1.9 million in Beverly Hills (/market-reports/beverly-hills) and about $1.55 million in Venice as of September 25 (/market-reports/venice), roughly two to two and a half times the July citywide median. Those are later asking prices rather than closed sales, a different basis from the $873,000 sale median, but the gap is far too wide for that to change the point. Page one of the for-sale results ranged from $389,000 to $2,700,000, and the top of that range was a Pacific Palisades property, not a condo in any of those three neighborhoods.

It also does not buy the middle of the market in the way buyers expect. Of the 48 condos on page one, 28 were asking less than $873,000. A median is a midpoint, not a floor, and a large share of LA's actual inventory sits underneath it.

A third of page one has already been repriced

Of those 48 listings, 17 carried a price-drop badge and 14 carried a New badge on July 26. That mix is consistent with the rest of the report: 9.3 months of supply, 47 average days on market, and a median down 0.8 percent year over year. Supply above roughly six months is conventionally read as a buyer's market, and a third of page one having already cut once is what that looks like in practice.

Median sale price is not median asking price

One distinction does more damage than any other when buyers use this number. The $873,000 figure is a median sale price, computed from closed transactions; the listings above are asking prices on live inventory. The two answer different questions. The sale median tells you what the market has been paying; the asks tell you what sellers currently want. In a market with 9.3 months of supply, the second number is usually the higher of the two.

The other caveat is mix. A citywide median moves when the composition of what sells changes, not only when values change. A month heavy in Westside closings lifts the median without any individual condo appreciating. That is why the year-over-year line, down 0.8 percent, is the steadier read on direction — and why any offer should be built from comparable sales in the specific building, never from a citywide figure.

Questions buyers ask about LA's median condo price

Before you act on any of this

Every figure here is a dated snapshot of live inventory that changes daily. Pull the current numbers at /market-stats, browse what is actually on the market at /condos-for-sale, and when you want to see a specific unit we will introduce you to a licensed partner agent who knows the building.