Glassell Park Housing Update: Prices Ease as Inventory Builds
Glassell Park, CA – March 21, 2026 – Home prices edged lower year over year in February as sales slowed and inventory ticked up across the neighborhood.
Glassell Park’s housing market showed modest cooling in February, with prices slightly below last year and homes taking about a month and a half to sell.
Top takeaways
- Median sale price: about $1,148,000 in February, down 1.2% year over year.
- 20 homes sold in February, fewer than a year ago.
- Homes averaged 49 days on market; sale-to-list price averaged just over 101%.
- Active listings on Zillow: 25 as of late February.
Market snapshot
According to Redfin, the median sale price in February 2026 was roughly $1.15 million, with prices down 1.2% from the same month in 2025. The median price per square foot rose year over year, suggesting continued competition for well-located or updated properties even as overall prices flatten.
Sales activity slowed: 20 homes closed in February compared with 26 a year earlier. Homes averaged 49 days on the market, about in line with last year. Roughly 30% of homes sold above list price, and the average sale-to-list ratio topped 101%, indicating that desirable listings can still attract multiple offers.
What’s for sale
Zillow reported 25 homes for sale in Glassell Park at the end of February. Current listings range from hillside bungalows and mid-century properties to larger remodeled homes with city views. Time on site varies, with some newer listings under three weeks and others lingering longer as buyers weigh price and mortgage costs.
Overall, the data point to a market that is no longer accelerating but remains relatively resilient. Inventory appears to be rebuilding gradually, giving buyers more options than during the tightest years of the pandemic cycle.
Are you seeing more price reductions or multiple-offer situations in your part of the neighborhood?
Sources
https://www.redfin.com/neighborhood/1085/CA/Los-Angeles/Glassell-Park/housing-market
https://www.zillow.com/home-values/273825/glassell-park-los-angeles-ca/
https://www.zillow.com/glassell-park-los-angeles-ca/