03/24/2026
🏠 LA County Market Update🌴
Thinking of making a move in 2026? Here is a snapshot of how the Los Angeles County market performed for single-family detached homes at the end of the recent season:
💰 Median Home Price: The median price settled at $890,910. This reflects a 5.5% dip from the previous month and a 2.4% decrease year-over-year.
📈 Home Sales: Sales remained remarkably resilient, showing a 0.9% increase compared to the same time last year.
📦 Inventory Levels: We currently have 2.8 months of unsold inventory. While this is down significantly from last month (-26.3%), it is actually up 3.7% from this time last year.
⏱️ Time on Market: Homes are moving in a median of 33 days. That’s about 13.8% slower than last year, giving buyers a bit more breathing room to find the perfect fit.
The Bottom Line: With prices softening slightly and inventory levels stabilizing, the current market is offering unique opportunities for those ready to strike. Whether you’re buying or selling, timing and strategy are everything! 📈
Questions about what your specific home might be worth in today’s market? Drop a comment or send us a DM! 📩
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