Photo: Logan Voss / Unsplash. Illustrative stock photograph; not a property or company discussed in this article. Los Angeles just set a record for the most expensive condo per square foot. The rest of the luxury condo market is getting cheaper. In the first nine months of 2026, the median sale price for on-market Los Angeles County condos priced at $5 million or more fell about 21% from a year earlier, to $5.4 million, according to The Real Deal, which…
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LA Just Set a Condo Price Record. The Median $5 Million-Plus Condo Fell 21%.
Los Angeles luxury condos posted a record per-square-foot sale while the median price of on-market condos priced at $5 million or more fell about 21%.
