A recent Trulia study examined peak home values in each of the top 100 U.S. markets on December 1, 2007 (before the Great Recession) and compared them to home values on March 1, 2017.

Nationally, it found that just 34.2 percent of homes have recouped that pre-recession peak value. However, in Los Angeles, that number’s just slightly higher at 37.4 percent. Peak median home values in LA were at $582,038 before the recession, and have only climbed to $557,683 since.

Trulia also drew correlations between economic growth in these top 100 markets, and the percentage of peak median home value that was recaptured. LA is on the lower end in terms of economic growth, up 8.5 percent and 5.4 percent respectively, from July 2009 through December 2016. However, job growth is up 11.4 percent through February 2017. 

The Trulia study also provided an extensive zip code by zip code breakdown as well, telling a much different story for some parts of LA versus others. Eight county zip codes have recovered over 99 percent of peak median home values in the time span. Downtown Culver City leads the way (99.74 percent), followed by Venice, El Segundo, Pasadena, and Rancho Park, to round out the top five.