12/03/2025

Los Angeles County Single Family and Condo Market in October 2025

Market Update Data for LA County

Single-Family Homes Prices for October 2025

The single-family market in Los Angeles County showed mixed but generally stable performance in October 2025:

  • New Listings: Down 5.2%, indicating slightly reduced seller activity.

  • Pending Sales: Fell 15.3%, reflecting softer buyer demand.

  • Closed Sales: Up 4.5%, suggesting that previously delayed transactions may have closed.

  • Days on Market: Increased from 33 to 40 days (+21.2%), signaling slower market pace.

Pricing:

  • Median Sales Price: Essentially flat at $999,942 (+0.1%).

  • Average Sales Price: Increased 5.3%, reaching $1.47M, pointing to strength at higher price tiers.

  • Percent of List Price Received: Slightly lower at 99.7%.

  • Inventory: Nearly unchanged (down 0.5%), maintaining a 3.7-month supply.

Year-to-Date: Prices remain higher than 2024 levels, with median price up 4.6%, but sales volume remains nearly flat.


Townhomes & Condominiums

The condo and townhouse segment showed increased supply but weakening demand:

  • New Listings: Up 11.5%, providing more options for buyers.

  • Pending Sales: Down 18.0%, highlighting a significant drop in buyer activity.

  • Closed Sales: Nearly flat, slipping 0.6%.

  • Days on Market: Lengthened from 41 to 50 days (+22%), showing slower absorption.

Pricing:

  • Median Sales Price: Declined 2.7% to $675,000.

  • Average Sales Price: Down 2.7%, though YTD average price is up 3.2%, suggesting recent softness following earlier strength.

  • Percent of List Price Received: Slightly weaker at 99.0%.

  • Inventory: Rose sharply by 18.8%, pushing months of supply to 5.4, indicating a more favorable environment for buyers.

Year-to-Date: Both pending and closed sales remain below 2024 levels, accompanied by modest price softening.


Overall Market Takeaways for Los Angeles County

  • Single-family homes are holding value, though market activity has slowed.

  • Condos/townhomes are experiencing rising inventory and declining prices, shifting negotiating leverage toward buyers.

  • Longer days on market across both segments indicate a less competitive environment compared to 2024.

 

 

Julia Huntsman, REALTOR, Broker | http://www.abodes.realestate | 562-896-2609 | California Lic. #01188996

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