Home Value Trail

Metro areas › Los Angeles-Long Beach-Anaheim, CA

Metropolitan area

Los Angeles-Long Beach-Anaheim, CA

California · 2 counties · 12,844,441 residents (2025 est.)

FHFA annual index 1975–2025Developmental CBSA indexPermits through August 2026
FHFA house price index for Los Angeles-Long Beach-Anaheim, CA, annual from 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202001,0002,0003,00019801990200020102020United States2025: 2,323
Los Angeles-Long Beach-Anaheim (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its annual CBSA indexes as developmental and subject to revision. The index does not give a dollar value for any home.

The Los Angeles-Long Beach-Anaheim, CA metropolitan area covers 2 counties. Its FHFA house price index, starting in 1975, stood at 2323 in 2025, +2222.7% above the base of 100.

Over the ten years to 2025 the annual index rose +86.9% (+6.5% a year), above California at +80.3% and close to the national +85.0%.

From a 2006 peak the index fell −34.7% to 2012, regaining the peak in 2018.

Across its counties, 35,595 housing units were authorised in the 12 months to August 2026, 2.8 per 1,000 residents, +32.0% on the previous 12 months.

+2.0%1 year, 2024–2025US +2.8%
+45.4%5 yearsUS +47.0%
+86.9%10 years+6.5% a year annualised
+299.0%since 2000US +158.3%
35,595units permitted, 12 months2.8 per 1,000 residents

Same span, three levels

Change in the FHFA indexLos Angeles-Long Beach-AnaheimCaliforniaUnited States
1 year (2024–2025)+2.0%+0.8%+2.8%
5 years (2020–2025)+45.4%+39.8%+47.0%
10 years (2015–2025)+86.9%+80.3%+85.0%
20 years (2005–2025)+83.1%+56.4%+79.1%
Since 2000+299.0%+224.1%+158.3%
Since 1975+2222.7%+1867.7%+960.7%
10-year annualised+6.5%+6.1%+6.3%
20-year annualised+3.1%+2.3%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+129.7%+68.2%
1990s (1990–2000)+4.8%+33.9%
2000s (2000–2010)+73.1%+29.7%
2010s (2010–2020)+58.6%+35.5%
2020s so far (2020–2025)+45.4%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20062012−34.7%2018
19901996−19.9%2000
19811982−10.6%1983

Building permits across the area

Housing units authorised in the area's 2 counties (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Los Angeles-Long Beach-Anaheim, CA area by month, latest 12 months02,0004,0006,000Sep 2025: 2,142 units (1,085 single-family, 1,057 in multi-unit buildings)Sep 2025Oct 2025: 2,295 units (1,017 single-family, 1,278 in multi-unit buildings)Oct 2025Nov 2025: 2,594 units (890 single-family, 1,704 in multi-unit buildings)Nov 2025Dec 2025: 3,281 units (1,090 single-family, 2,191 in multi-unit buildings)Dec 2025Jan 2026: 2,616 units (868 single-family, 1,748 in multi-unit buildings)Jan 2026Feb 2026: 5,860 units (1,101 single-family, 4,759 in multi-unit buildings)Feb 2026Mar 2026: 3,164 units (1,268 single-family, 1,896 in multi-unit buildings)Mar 2026Apr 2026: 2,153 units (1,204 single-family, 949 in multi-unit buildings)Apr 2026May 2026: 2,577 units (1,040 single-family, 1,537 in multi-unit buildings)May 2026Jun 2026: 2,385 units (1,138 single-family, 1,247 in multi-unit buildings)Jun 2026Jul 2026: 2,776 units (978 single-family, 1,798 in multi-unit buildings)Jul 2026Aug 2026: 3,752 units (1,043 single-family, 2,709 in multi-unit buildings)Aug 2026

Housing units authorised in the Los Angeles-Long Beach-Anaheim, CA area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Los Angeles-Long Beach-Anaheim, CA area by month, latest 60 months02,0004,0006,000Sep 2021: 2,430 units (947 single-family, 1,483 in multi-unit buildings)Sep 2021Oct 2021: 2,744 units (1,067 single-family, 1,677 in multi-unit buildings)Nov 2021: 2,083 units (762 single-family, 1,321 in multi-unit buildings)Dec 2021: 2,474 units (785 single-family, 1,689 in multi-unit buildings)Jan 2022: 1,820 units (898 single-family, 922 in multi-unit buildings)Feb 2022: 2,824 units (889 single-family, 1,935 in multi-unit buildings)Mar 2022: 2,104 units (1,167 single-family, 937 in multi-unit buildings)Apr 2022: 2,961 units (974 single-family, 1,987 in multi-unit buildings)May 2022: 3,241 units (950 single-family, 2,291 in multi-unit buildings)Jun 2022: 3,030 units (995 single-family, 2,035 in multi-unit buildings)Jul 2022: 2,052 units (818 single-family, 1,234 in multi-unit buildings)Aug 2022: 3,004 units (1,034 single-family, 1,970 in multi-unit buildings)Sep 2022: 3,432 units (767 single-family, 2,665 in multi-unit buildings)Sep 2022Oct 2022: 2,444 units (724 single-family, 1,720 in multi-unit buildings)Nov 2022: 2,079 units (700 single-family, 1,379 in multi-unit buildings)Dec 2022: 2,261 units (797 single-family, 1,464 in multi-unit buildings)Jan 2023: 1,772 units (829 single-family, 943 in multi-unit buildings)Feb 2023: 2,699 units (797 single-family, 1,902 in multi-unit buildings)Mar 2023: 1,851 units (1,096 single-family, 755 in multi-unit buildings)Apr 2023: 2,447 units (839 single-family, 1,608 in multi-unit buildings)May 2023: 2,638 units (1,042 single-family, 1,596 in multi-unit buildings)Jun 2023: 3,180 units (1,083 single-family, 2,097 in multi-unit buildings)Jul 2023: 2,484 units (1,150 single-family, 1,334 in multi-unit buildings)Aug 2023: 3,532 units (1,009 single-family, 2,523 in multi-unit buildings)Sep 2023: 1,870 units (899 single-family, 971 in multi-unit buildings)Sep 2023Oct 2023: 1,630 units (849 single-family, 781 in multi-unit buildings)Nov 2023: 2,601 units (1,014 single-family, 1,587 in multi-unit buildings)Dec 2023: 2,265 units (967 single-family, 1,298 in multi-unit buildings)Jan 2024: 1,925 units (926 single-family, 999 in multi-unit buildings)Feb 2024: 2,090 units (887 single-family, 1,203 in multi-unit buildings)Mar 2024: 2,032 units (829 single-family, 1,203 in multi-unit buildings)Apr 2024: 1,938 units (1,155 single-family, 783 in multi-unit buildings)May 2024: 2,983 units (1,244 single-family, 1,739 in multi-unit buildings)Jun 2024: 2,147 units (958 single-family, 1,189 in multi-unit buildings)Jul 2024: 2,033 units (977 single-family, 1,056 in multi-unit buildings)Aug 2024: 2,443 units (1,084 single-family, 1,359 in multi-unit buildings)Sep 2024: 2,258 units (976 single-family, 1,282 in multi-unit buildings)Sep 2024Oct 2024: 2,010 units (1,141 single-family, 869 in multi-unit buildings)Nov 2024: 2,860 units (856 single-family, 2,004 in multi-unit buildings)Dec 2024: 2,527 units (1,039 single-family, 1,488 in multi-unit buildings)Jan 2025: 1,675 units (955 single-family, 720 in multi-unit buildings)Feb 2025: 1,926 units (1,047 single-family, 879 in multi-unit buildings)Mar 2025: 1,873 units (1,005 single-family, 868 in multi-unit buildings)Apr 2025: 2,411 units (1,102 single-family, 1,309 in multi-unit buildings)May 2025: 2,401 units (1,034 single-family, 1,367 in multi-unit buildings)Jun 2025: 2,480 units (997 single-family, 1,483 in multi-unit buildings)Jul 2025: 1,694 units (991 single-family, 703 in multi-unit buildings)Aug 2025: 2,853 units (1,032 single-family, 1,821 in multi-unit buildings)Sep 2025: 2,142 units (1,085 single-family, 1,057 in multi-unit buildings)Sep 2025Oct 2025: 2,295 units (1,017 single-family, 1,278 in multi-unit buildings)Nov 2025: 2,594 units (890 single-family, 1,704 in multi-unit buildings)Dec 2025: 3,281 units (1,090 single-family, 2,191 in multi-unit buildings)Jan 2026: 2,616 units (868 single-family, 1,748 in multi-unit buildings)Feb 2026: 5,860 units (1,101 single-family, 4,759 in multi-unit buildings)Mar 2026: 3,164 units (1,268 single-family, 1,896 in multi-unit buildings)Apr 2026: 2,153 units (1,204 single-family, 949 in multi-unit buildings)May 2026: 2,577 units (1,040 single-family, 1,537 in multi-unit buildings)Jun 2026: 2,385 units (1,138 single-family, 1,247 in multi-unit buildings)Jul 2026: 2,776 units (978 single-family, 1,798 in multi-unit buildings)Aug 2026: 3,752 units (1,043 single-family, 2,709 in multi-unit buildings)

Housing units authorised in the Los Angeles-Long Beach-Anaheim, CA area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Los Angeles-Long Beach-Anaheim, CA area by year, 1995–2025020,00040,0001995: 10,781 units (10,781 single-family, 0 in multi-unit buildings)19951996: 11,675 units (11,675 single-family, 0 in multi-unit buildings)1997: 14,559 units (14,559 single-family, 0 in multi-unit buildings)1998: 13,708 units (13,708 single-family, 0 in multi-unit buildings)1999: 26,299 units (15,505 single-family, 10,794 in multi-unit buildings)2000: 29,488 units (15,186 single-family, 14,302 in multi-unit buildings)20002001: 26,905 units (14,318 single-family, 12,587 in multi-unit buildings)2002: 28,250 units (15,074 single-family, 13,176 in multi-unit buildings)2003: 30,151 units (16,434 single-family, 13,717 in multi-unit buildings)2004: 35,785 units (17,591 single-family, 18,194 in multi-unit buildings)2005: 30,641 units (16,626 single-family, 14,015 in multi-unit buildings)20052006: 33,505 units (13,686 single-family, 19,819 in multi-unit buildings)2007: 26,616 units (9,381 single-family, 17,235 in multi-unit buildings)2008: 15,045 units (4,579 single-family, 10,466 in multi-unit buildings)2009: 7,281 units (3,609 single-family, 3,672 in multi-unit buildings)2010: 10,394 units (4,008 single-family, 6,386 in multi-unit buildings)20102011: 14,247 units (4,097 single-family, 10,150 in multi-unit buildings)2012: 17,447 units (4,946 single-family, 12,501 in multi-unit buildings)2013: 25,198 units (7,509 single-family, 17,689 in multi-unit buildings)2014: 26,950 units (8,300 single-family, 18,650 in multi-unit buildings)2015: 34,034 units (8,447 single-family, 25,587 in multi-unit buildings)20152016: 32,114 units (9,379 single-family, 22,735 in multi-unit buildings)2017: 31,084 units (10,587 single-family, 20,497 in multi-unit buildings)2018: 29,524 units (10,042 single-family, 19,482 in multi-unit buildings)2019: 30,554 units (9,306 single-family, 21,248 in multi-unit buildings)2020: 26,930 units (9,737 single-family, 17,193 in multi-unit buildings)20202021: 31,151 units (11,090 single-family, 20,061 in multi-unit buildings)2022: 32,873 units (11,199 single-family, 21,674 in multi-unit buildings)2023: 30,767 units (12,035 single-family, 18,732 in multi-unit buildings)2024: 26,781 units (11,777 single-family, 15,004 in multi-unit buildings)2025: 27,242 units (12,883 single-family, 14,359 in multi-unit buildings)2025

Housing units authorised in the Los Angeles-Long Beach-Anaheim, CA area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaCaliforniaUnited States
Housing units authorised35,595111,5381,418,086
Units per 1,000 residents2.82.84.1
Single-family share36%50%63%
Change on previous 12 months+32.0%+13.8%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Orange CountyCA+3.3%+89.0%6,0961.9
Los Angeles CountyCA+1.7%+86.9%29,4993.0

Questions and answers

How much have home values in the Los Angeles-Long Beach-Anaheim, CA area risen over 10 years?

The FHFA annual index rose +86.9% between 2015 and 2025, about +6.5% a year. Over 20 years: +83.1%; since 2000: +299.0%.

Which counties in the Los Angeles-Long Beach-Anaheim, CA area rose most?

By ten-year change to 2025: Orange County (+89.0%) and Los Angeles County (+86.9%).

What happened to Los Angeles-Long Beach-Anaheim, CA prices after 2007?

The index peaked in 2006, fell −34.7% to 2012 and regained the peak in 2018. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Los Angeles-Long Beach-Anaheim, CA area?

35,595 housing units were authorised across the area's counties in the 12 months to August 2026, 36% of them single-family, 2.8 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026); Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.