Sell My House Fast in Los Angeles, California with an iBuyer

Los Angeles Real Estate Market Overview

Average Monthly Rent:

$2,384

Percentage Change in Home Price/Value:

2%

Median Home Value:

$688,700

Best Time To Sell Home:

July

Affordability Index:

63.4

Days To Sell House:

65.583

Job Market:

Weak

Public School Ranking:

38

Location and Weather

Los Angeles is on a coastal plain situated between the mountains and the Pacific Ocean in southern California. Los Angeles county has more than 90 other incorporated cities, including Beverly Hills, Pasadena, and Long Beach. Two of the Channel Islands, Santa Catalina and San Clemente are also in Los Angeles county.

With the Pacific Ocean to the west and the Mountains to the east, the views are spectacular, and the climate is near perfect in temperature. From early July to the end of September the average high temperature is above 81% with the lows in the mid 60’s. The cool season from late November through March has an average high temperature below 70 degrees and lows in the high 40’s.

Population, Job Market and Cost of Living

As the second most populated city and metropolitan area after New York City in the U.S, Los Angeles had a population of 3,990,456 with an annual growth rate of 0.21%. The job market in Los Angeles has increased by 0.7% over last year. The ten-year predicted job growth is 34.6%. The cost of living is high primarily due to the Los Angeles real estate market with pricey housing due to demand and such a desirable location. Besides Los Angeles rich movie and entertainment industry, there are other major employers including California Pizza Kitchen, AECOM, Forever 21 and Guess.

With it’s almost perfect climate, tourism and diverse businesses, steady job growth and beautiful location, Los Angeles will continue to attract those that seek the L.A lifestyle on the west coast.

Hottest Neighborhoods:

Los Feliz, Silver Lake, West Hollywood, Hollywood Hills, Greater Wilshire, Studio City, Tolica Lake, Venice

Top iBuyers Companies in Los Angeles

Zillow Offers

Zillow Offers

Zillow has a new home buying service program. This type of program is called iBuying. They will purchase your home sight unseen if it fits their criteria.

Opendoor

Opendoor

Opendoor is the pioneer in the space of iBuying. They are considered the first iBuyer to take the concept of purchasing a home using a data based algorithm to estimate value.

Offerpad

Offerpad

Offerpad started in 2015 from of the roots of a real estate professional that realized the process to sell a home had many areas of stress and uncertainty.

Local iBuyer Companies in Los Angeles

Fast Home Offer logo

The Good Buyers logo

Register as a Los Angeles iBuyer

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