Los Angeles Mid-Summer Real Estate Update

🏠 Buyers

• Pricing: Median home prices continue rising—but at a slower pace. Year-over‑year growth is in the range of 2–3.8 %, with median prices around $970K–$1.1 M, depending on the data source Philippe Properties+13Skybridge Property+13fasthouseshop.com+13.

  
  

• Market Time: Properties are spending longer on the market. The median days on market is up compared to last year—California averages around 22 days, and L.A. homes now take 50–70 days, depending on neighborhood los-angeles-mortgage.comNORADARE Real EstateHouzeo.

  
  

• Inventory: Active listings have surged. Los Angeles County had over 13,600 listings in May, more than double from 2023, with overall supply in the 3.8–3.9 month range Reventure NewsNORADARE Real Estateckureghian.com.

  
  

• Leverage: Buyers now have more negotiating power. Price reductions are more common, and bidding wars are fading—reflecting a shift toward a more balanced or slight buyer-leaning market rimpropertygroup.com+11Reventure News+11marketwatch.com+11.

  
  

🧑‍💼 Sellers

• Pricing Conditions: Still positive overall, but price growth is moderating. Sellers are seeing smaller year-over-year gains than in prior years, typically 3-4 % highlandpremiere.comSkybridge PropertyNORADARE Real Estate.

  
  

• Time on Market: Homes are taking longer to sell than in the frenzy years—requiring more attention to presentation and pricing strategy in competitive neighborhoods los-angeles-mortgage.com+5Houzeo+5NORADARE Real Estate+5.

  
  

• Competitive Landscape: With increased inventory, sellers must price realistically. Well-staged homes in high-demand areas still attract solid interest, but unrealistic pricing may lead to price drops later NORADARE Real Estate+2fasthouseshop.com+2Houzeo+2.

  
  

📋 Summary Table

Metric	Buyers’ Side	Sellers’ Side
Median Price	~$970K–$1.1M (↑ ~2–3.8 % YoY)	Same range; moderate growth only
Days on Market	~50–70 days (longer than last year)	Must price strategically, slower pace
Inventory	Rising to ~3.8–3.9 months	More choices increase buyer leverage
Market Power	Negotiation softening seller edge	Still demand, but more sensitive pricing

✅ Bottom Line for Summer 2025

• This summer, the L.A. market is shifting toward equilibrium after several years of frenzied competition.

• Buyers are finding more listings, longer decision windows, and bet

• ter negotiating power.

• Sellers can still benefit from firm price levels, but must be realistic about pricing, presentation, and timing.