If you’ve been wondering whether the Los Angeles real estate market is finally shifting in favor of buyers, you’re not alone. After years of limited inventory, intense competition, and record-setting home prices, we’re now seeing clear signs of a buyer’s market emerging in Los Angeles County—and that’s creating big opportunities for today’s homebuyers.

So, is Los Angeles really becoming a buyer’s market in 2025? Scott Himelstein, your Los Angeles Realtor, break down the data, trends, and what it means for both buyers and sellers.

Inventory Is Rising—Fast

In real estate, one of the most telling signs of a shifting market is the level of inventory. A balanced market typically has about 5 to 6 months of supply. As of mid-2025, Los Angeles County is sitting at 4.4 months of inventory, up from just over 3 months earlier this year. In neighborhoods like Porter Ranch (91326), inventory has nearly tripled since January.

That means buyers now have more options and more time to shop—something that hasn’t happened in LA in nearly a decade.

Homes Are Sitting Longer on the Market

The average days on market in Los Angeles has increased to 34 days, up nearly 37% from a year ago. This shift gives buyers leverage to negotiate better terms, including price reductions, seller credits, and interest rate buy-downs.

For sellers, the strategy has changed: overpricing your home is a fast track to sitting unsold.

Price Growth Is Flattening—or Even Falling

While the median home price in LA County is still high at around $846,000, the pace of appreciation has slowed dramatically. In fact, the Zillow Home Value Index for the city of Los Angeles recently showed a slight decline of 0.5% year-over-year—marking a turning point.

Builders are also offering big incentives to move inventory. In some new construction communities, buyers are seeing $20,000–$200,000 in credits or upgrades just to close the deal.

Should You Buy a Home in Los Angeles in 2025?

If you’re a buyer, this may be your best window in years. You’ll face less competition, more choices, and stronger negotiating power. You can take your time, do your due diligence, and potentially secure a home below list price or with valuable concessions.

That said, don’t wait too long. If the market corrects but doesn’t crash, prices may stabilize again once interest rates fall or buyer demand rebounds.

Sellers: Don’t Panic, But Be Strategic

For sellers, it’s not all doom and gloom—but pricing and presentation are everything. You need to price your home correctly from day one, stage it well, and be ready to offer buyer incentives. In a market where nearly half of listings sell under asking, strategy is key.

Whether you’re moving to Los Angeles, planning to sell in Porter Ranch, Granada Hills, or Northridge, or just watching the trends, the 2025 housing market is full of both risk and opportunity.

Thinking about buying or selling in this shifting market? Reach out for a personalized market breakdown tailored to your neighborhood.