Condo vs House
Condo vs House in Los Angeles, CA: What Buyers Actually Pay (2026)
Updated November 10, 2026
Reviewed by:
Head of Growth at TurboHome
Head Agent, California · CalDRE #01997822
In Los Angeles, a 2-bedroom condo and a 2-bedroom house cost almost the same ($835,250 against $850,000); the house usually comes without HOA dues. From November 2025 to October 2026, the median condo in Los Angeles sold for $795,000 and the median house for $1,350,000. Condos cost 81% of the house price per square foot ($644 against $799), carried median HOA dues of $676 a month, and took 18 more days to sell (39 against 21).
TurboHome Market Analysis · Los Angeles, CA · Closings Nov 2025 to Oct 2026 · Published November 2026
Condos made up 24% of the condo and house sales in our MLS feed (1,768 against 5,584). Below: the two types side by side, what the same bedroom count costs in each, the condo neighborhoods with the most sales, how prices moved over the year, what HOA dues pay for, and where buyers have room to negotiate.
Condo vs house in Los Angeles at a glance
| Measure | Condo | House | Townhouse |
|---|---|---|---|
| Closings | 1,768 | 5,584 | 124 |
| Median sale price | $795,000 | $1,350,000 | $945,000 |
| Median price per sq ft | $644 | $799 | $627 |
| Median size (sq ft) | 1,281 | 1,687 | Not reported |
| Median days on market | 39 | 21 | 24 |
| Median sale-to-list | 98.2% | 100.0% | 100.0% |
| Share closed below list | 65.5% | 47.7% | Not reported |
| Share with a price cut before sale | 34.2% | 24.0% | Not reported |
| Median monthly HOA dues | $676 (98.6% have dues) | n/a (5.8% have dues) | $500 |
What the same budget buys: condo vs house by bedroom count
| Bedrooms | Median condo price (closings) | Median house price (closings) |
|---|---|---|
| 1 bedroom | $502,500 (390) | $685,000 (52) |
| 2 bedrooms | $835,250 (992) | $850,000 (1,078) |
| 3 bedrooms | $1,240,000 (307) | $1,250,000 (2,459) |
| 4 or more bedrooms | $1,439,500 (38) | $2,275,000 (1,993) |
The widest gap is at 4 or more bedrooms: the median condo sold for $1,439,500 and the median house for $2,275,000. Rows marked "Too few sales" had fewer than 20 closings of that type.
Condo neighborhoods in Los Angeles
Westwood had the most condo sales in our feed (237) at a median $1,125,000, while houses there sold for $3,477,500. Downtown condos were the slowest in the table, at 58 days, and the cheapest, at $588,000. Sawtelle was the quickest, at 28 days, and Century City the most expensive per square foot, at $825.
| Neighborhood | Condo closings | Median condo price | Condo price per sq ft | Condo median days on market | Condo sale-to-list | Houses: median price (per sq ft) |
|---|---|---|---|---|---|---|
| Westwood | 237 | $1,125,000 | $694 | 44 | 97.3% | $3,477,500 ($1,221) |
| Downtown | 191 | $588,000 | $584 | 58 | 97.3% | Too few house sales |
| Brentwood | 154 | $1,157,500 | $752 | 39 | 98.2% | $3,999,998 ($1,358) |
| Wilshire Center | 138 | $650,000 | $588 | 42 | 97.4% | $1,520,000 ($639) |
| Century City | 113 | $1,625,000 | $825 | 52 | 98.2% | $2,350,000 ($1,130) |
| Sawtelle | 108 | $862,500 | $661 | 28 | 98.1% | $1,633,000 ($1,058) |
| Hollywood | 76 | $681,250 | $603 | 48.5 | 97.9% | $1,375,000 ($696) |
| Beverly Grove | 64 | $1,134,500 | $747 | 45 | 97.2% | $2,695,000 ($984) |
Neighborhoods with at least 20 condo closings, in order of condo sales. House figures appear only where a neighborhood had 12 or more house closings.
Are condo prices in Los Angeles rising or falling?
The median condo price in Los Angeles fell 4.8% year over year, from $835,000 to $795,000, while the median house price was unchanged (0.0%) ($1,350,000 to $1,350,000). Condos took a median 39 days to sell, up from 35, and 65.5% closed below list, against 61.2% a year earlier. The median townhouse sold for $945,000, against $1,030,000 a year earlier.
| Measure | Condos, Nov 2024 to Oct 2025 | Condos, Nov 2025 to Oct 2026 | Houses, Nov 2024 to Oct 2025 | Houses, Nov 2025 to Oct 2026 |
|---|---|---|---|---|
| Closings | 1,765 | 1,768 | 5,666 | 5,584 |
| Median sale price | $835,000 | $795,000 | $1,350,000 | $1,350,000 |
| Median price per sq ft | $671 | $644 | $820 | $799 |
| Median days on market | 35 | 39 | 21 | 21 |
| Median sale-to-list | 98.6% | 98.2% | 100.0% | 100.0% |
| Share closed below list | 61.2% | 65.5% | 46.9% | 47.7% |
| Share closed above list | 21.5% | 18.7% | 41.0% | 41.0% |
HOA dues and what they cover
The median condo in Los Angeles paid $676 a month in HOA dues, and 98.6% of condo sales had dues. The median townhouse paid $500 a month. Only 5.8% of houses had dues.
Most Los Angeles condos are in mid-rise and high-rise buildings in Westwood, Century City, Wilshire Center and Downtown, where dues pay for staff, elevators, insurance and amenities. Only 5.8% of houses carry dues, so a house buyer usually budgets for insurance and repairs directly instead. In an older building, ask for the budget, the reserve study and recent minutes before you offer.
Should you buy a condo or a house in Los Angeles?
65.5% of condos closed below list and 34.2% had a price cut before selling, against 47.7% and 24.0% of houses. 41.0% of houses sold above list, against 18.7% of condos. The median condo closed at 96.6% of its original asking price and the median house at 98.8%. That makes condos the place to negotiate in Los Angeles, and houses the place to expect competition.
A buyer's agent should price a condo offer from recent sales in the same building or complex, the HOA's budget and reserves, and how long the listing has sat, and a house offer from street-level comps and how many buyers are competing for it. TurboHome's licensed agents in Los Angeles do both, for a flat fee: see how TurboHome's flat fee works.
Methodology
We looked at closed sales in Los Angeles from our MLS feed, closed November 1, 2025 through October 31, 2026, compared with November 1, 2024 through October 31, 2025. A condo is a home listed as a condominium, a house is a home listed as a single-family residence, and townhouses are shown separately only where there were 50 or more closings. Sales under $50,000 are excluded, and days on market counts only values from 0 to 730 days. Figures are medians. Sale-to-list is the closing price divided by the final list price; a price cut means the final list price was below the original list price; "closed at its original asking price" divides the closing price by the original list price. HOA dues are the monthly figure on the listing.
Neighborhoods need at least 20 condo closings to appear, and house figures appear only where a neighborhood had 12 or more house closings. Bedroom-count cells with fewer than 20 closings are left out.
For national context, Redfin reported on October 6, 2025: "There were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide in August." The figures on this page are TurboHome's own, from closed sales in Los Angeles.
FAQ
Why are condos in Los Angeles cheaper per square foot than houses?
In Los Angeles, condos sold for a median $644 a square foot against $799 for houses, so condo space cost 81% of the house price per square foot. A house price includes its own land and room to add space, while a condo shares land, walls and a roof with other owners and comes with monthly HOA dues, which buyers weigh against the price.
How much are condo HOA fees in Los Angeles?
The median condo in Los Angeles paid $676 a month in HOA dues, and 98.6% of condo sales had dues. The median townhouse paid $500 a month. Only 5.8% of houses had dues.
Do condos take longer to sell than houses in Los Angeles?
Yes. Condos took a median 39 days to sell from November 2025 to October 2026, against 21 for houses. A year earlier the medians were 35 and 21 days.
Can I get cash back when I buy a condo or house in Los Angeles?
Yes. TurboHome is a flat-fee buyer's brokerage serving Los Angeles: it charges a flat fee instead of a percentage commission and refunds the rest of the buyer-side commission to you at closing, on a condo or a house. Compare the companies that refund the buyer's agent commission in California.
Is now a good time to buy a condo in Los Angeles?
The median condo price in Los Angeles fell 4.8% year over year, to $795,000, and 34.2% of condos took a price cut before selling, with 65.5% closing below list. Falling prices and price cuts give condo buyers room to negotiate, especially on listings that have sat. Buying the right unit at the right price matters more than timing the market.
Related guides
- Condo vs house prices by city
- HOA fees in Los Angeles
- Days on market in Los Angeles
- Property taxes in Los Angeles
- How much over asking to offer in Los Angeles
- Los Angeles housing market
- Companies that refund the buyer's agent commission in California
- How TurboHome's flat fee works
- Los Angeles and Orange County home buying guides
- California home buying guides
About the Author
Vinura Abeysundara
Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.
View Vinura on LinkedInAbout Kevin Kretzmer
Head Agent, California
Kevin Kretzmer leads TurboHome's California agent team and reviews California and national buyer guidance for practical brokerage accuracy.
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