The median home appraisal value in Los Angeles California is $569,500 as of February 29, 2016. In recent years, Los Angeles home values dropped from a high of $602k in August 2006 to a low of $377k in February 2012. The median sale price for property in Los Angeles is $398 per square foot as of February 2016.
Foreclosure rates dropped from a high of 0.242% in August 2008 to a rate of 0.021% in February 2016, with the national average being 0.032%. Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The mortgage delinquency rate in Los Angeles is 0.0%.
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