Los Angeles Real Estate Market Pulse
Executive Summary
The latest key metrics from August 2025 show a balanced market with a slight advantage to sellers.
Median Sale Price
$1.03M
Premium urban living
Closed Sales
1,575
Extremely high volume
Days on Market
62
Healthy market pace
Sale-to-List Ratio
99.2%
Sellers get asking price
Source → Redfin City Summary, August 2025 release (latest finalized data).
Market Commentary
The narrative behind the numbers.
The Los Angeles real estate market is a complex and dynamic arena, characterized by its vast diversity and enduring appeal. The market currently strikes a fine balance, leaning slightly in favor of sellers. This is due to a persistent and strong buyer demand that slightly outstrips the available inventory, ensuring that the market remains active and competitive across its many unique neighborhoods.
Median Sale Price
The median sale price in Los Angeles is a premium $1.03 million, a figure that underscores the city's status as a global hub. This price point is supported by a healthy 1.9% YoY increase in the median new listing price, signaling a market that is not just stable but also appreciating at a sustainable clip. This reflects strong consumer confidence and the long-term value of LA real estate.
Days on Market (DOM)
Homes in Los Angeles are selling at a healthy clip, with a median of 62 days on the market. This pace allows for a thoughtful transaction process, giving buyers adequate time for inspections and negotiations while still ensuring that sellers can achieve a timely sale for well-positioned and well-marketed properties.
Closed Sales & Inventory
The market is exceptionally active, with an extremely high volume of 1,575 closed sales in August. This robust activity is met with a substantial inventory of 5,492 homes for sale. While the inventory is significant, the sheer volume of transactions keeps the market competitive. The 3.4% YoY increase in new listings is a positive sign, gradually adding more options for buyers.
Sale-to-List Ratio & Pricing Dynamics
Sellers in Los Angeles can be confident in their pricing, as evidenced by the strong 99.2% sale-to-list ratio. This indicates that homes are selling very close to their asking price. Furthermore, with 28% of homes selling above list price, it's clear that there is still significant competition for the most desirable properties, often leading to multiple-offer situations.
Key Market Highlights
What these trends mean for you.
Resilient & Appreciating
LA's market continues to show its strength with stable price growth, making it a reliable choice for long-term real estate investment.
Competition is Strong
A high volume of sales and a significant number of homes selling over asking price mean that buyers need to be competitive and well-prepared.
Opportunities for Sellers
With a 99.2% sale-to-list ratio, sellers who price and market their properties effectively are in a strong position to achieve their financial goals.
Your Next Move Starts with a Conversation.
Whether you're curious about the market or ready to take action, our agents are here to help you make confident decisions about your future.
Connect with an AgentCategories
Recent Posts