TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 30, 8:00 PM EST
Polymarket
This market tracks the median home value across all property types in the Los Angeles Metro area, expressed as a specific price range. On Polymarket, the leading outcome—that the median home value will fall between $1,173,000 and $1,180,000—stands at 46.0%, while the second outcome of $1,166,000 to $1,173,000 is at 30.0%. Resolution will be determined by official data from the Parcl Labs Sales Price Index for the Los Angeles Metro area, with settlement calculated by multiplying the published price index by 1900 square feet, the median home size in the region. Watch for Parcl's data release on May 31, 2026, as this will directly determine the market outcome.
This market resolves on May 31, 2026, at which point the actual median home value for the Los Angeles Metro area as of that date will be determined and compared against the $1,166,000 threshold. The resolution hinges on official housing data released by authoritative sources tracking LA metro real estate values. Traders should monitor announcements from major real estate indices and government housing reports as the resolution date approaches. The binary outcome will be settled based on whether the median value falls below or meets or exceeds the specified threshold.
Several catalysts could shift market odds before May 31, 2026. Federal Reserve interest rate decisions directly impact mortgage affordability and buyer demand in LA. Major economic data releases on inflation, employment, and consumer confidence influence housing sentiment. Regional supply shocks, such as new inventory announcements or development news, can alter price expectations. Geopolitical or macroeconomic crises may trigger flight-to-safety or risk-off behavior affecting real estate. Additionally, significant local policy changes, demographic shifts, or unexpected shifts in tech sector employment in Southern California could reshape valuations. Traders monitor all these signals to adjust positions.