Is Prime Los Angeles Real Estate Now a Buyer’s Market? – June 2025 Market Update

🏡 Market Reality vs. Headlines

Multiple news outlets are reporting that we are entering into a buyers market largely based on a report by Redfin stating that there are over $500,000 more homes for sale than buyers nationally

But that's nationally, what's actually happening in Prime LA:

Data from MLS, areas included: (Beverly Hills, Bel Air / Holmby Hills, Hollywood Hills, West Hollywood, Westwood/ Century City, Brentwood, Santa Monica):

What It Means:

• Based on the MOI, it looks like we've entered into a buyers market
• However, as always in LA, sales are very neighborhood specific. The price point and location matters!
• High-end listings over $10m can take longer to sell due to a smaller buyer pool and therefore distort the MOI
• Renovated homes under $5m in locations such as Santa Monica and Beverly Hills are still selling with multiple offers
• If you would like this data broken down for your neighborhood. I’m happy to send you a custom report. Please feel free to email me at [email protected].