As we move deeper into the final months of 2025, the real estate market in the 91202 area continues to show dynamic activity. Whether you're considering buying or selling a home in this sought-after Los Angeles neighborhood, understanding the latest market trends is essential to making informed decisions. This November market update highlights key statistics and insights that can help you navigate the local housing market with confidence.

Current Market Snapshot for 91202

The 91202 zip code, known for its vibrant community and convenient location, currently has a limited number of homes available, which impacts both buyers and sellers. Here’s a quick overview of the latest market data:

• Active Listings: 6 homes are currently on the market, indicating a relatively low inventory.
• Median Listing Price: $1,247,000, reflecting the premium nature of homes in this area.
• Median Sold Price: $1,532,500, showing that homes are selling above the listing median price, a positive sign for sellers.
• Price Per Square Foot: $889.44, which is competitive within the Los Angeles market.
• Average Time on Market: 17.13 days, suggesting a fast-paced market where well-priced homes sell quickly.
• Homes Sold: 8 homes closed escrow recently, indicating steady buyer demand.

What These Numbers Mean for Buyers

For buyers, the 91202 market presents both opportunities and challenges. The low number of active listings means competition can be stiff, especially for homes priced attractively. Here are some tips for buyers looking to succeed in this market:

Be Prepared to Act Quickly

With an average of just over 17 days on the market, desirable homes don’t stay available for long. Having your financing pre-approved and being ready to make a strong offer can make all the difference.

Understand the Pricing Trends

The median sold price exceeds the median listing price, which may indicate multiple offers or bidding above asking price. Buyers should work closely with a knowledgeable agent to determine fair market value and avoid overpaying.

Focus on Value Per Square Foot

At $889.44 per square foot, it’s important to compare properties carefully to ensure you’re getting the best value for your money in terms of size, condition, and location.

What Sellers Should Know About the 91202 Market

Sellers in the 91202 area are in a favorable position, but success depends on strategic pricing and presentation. Here’s how sellers can leverage current market conditions:

Price Strategically to Maximize Interest

Homes are selling above the median listing price, indicating strong buyer interest. However, pricing too high could extend the time on market beyond the current average of 17 days. A competitive price attracts more buyers and can lead to multiple offers.

Market Your Home Effectively

With only six active listings, standing out is crucial. Professional photography, compelling descriptions, and targeted marketing help your home capture buyer attention quickly.

Work with an Experienced Local Agent

Local market knowledge is invaluable. An agent familiar with the 91202 area can provide insights on buyer preferences and help negotiate the best possible terms.

Why Partner with Haik Bokhchalian for Your 91202 Real Estate Needs

Whether you’re buying or selling in the 91202 neighborhood, having expert guidance ensures you make the most of current market conditions. Haik Bokhchalian and his team at JohnHart Real Estate bring years of experience and a deep understanding of the Greater Los Angeles market, including the nuances of this specific area.

• Personalized strategies tailored to your goals.
• Access to the latest market data and trends.
• Proactive marketing and negotiation skills to maximize your return.
• Dedicated support throughout every step of your real estate journey.

Conclusion

The November 2025 real estate market in 91202 remains active and competitive. For buyers, preparation and quick decision-making are key to securing a home in this desirable area. Sellers benefit from strong demand but must price and market their properties strategically to attract top offers. If you’re ready to explore your options or want to discuss how to make this market work for you, reach out to Haik Bokhchalian today for expert advice and personalized service.

Contact Haik Bokhchalian at 818.400.1868 or visit myagenthaik.com to get started.