Los Angeles Real Estate Market: January 2026 Snapshot
Key Market Numbers (Latest Data)
Median Sale Price – ~$1,030,000 in November 2025, up ~2.5% year-over-year.
Homes Sold – ~1,338 homes sold in November 2025, a ~6.7% decline year-over-year.
Median Days on Market – ~62 days on market, up ~10 days from last year, showing a slower sales pace.
Inventory Growth – Listings and inventory have risen compared to recent tight supply levels, giving buyers more choices.
Market Balance Shift – Inventory and days on market data show the market moving toward balance, not extreme seller dominance.
What’s Happening This Week
1. Prices Are Holding Steady But Growth Is Modest
LA’s median sale price clustering around the $1M mark suggests resilience, not runaway growth — ideal for sellers targeting stable valuations and buyers seeking less over-bidding competition.
2. Inventory Is Increasing — A Win for Buyers
Homes are staying on market longer and more listings are available than in recent years, giving buyers better negotiating leverage and a chance to avoid bidding wars.
3. Sales Volume Is Slowing
With fewer closed sales compared to last year, buyer demand has pulled back slightly — likely due to mortgage rates still above historical lows and seasonal patterns in winter.
4. Sellers Should Price Strategically
Slower market speeds mean pricing matters more than ever. Properly priced homes can still sell fast — but overpriced listings risk sitting and requiring price reductions.
Market Takeaways (For Buyers & Sellers)
For Buyers
More inventory + longer market times = better negotiating power.
No scramble bidding wars right now — take time to inspect, compare, and negotiate.
Winter often means less competition — a strategic advantage for patient buyers.
For Sellers
Price competitively to avoid extended days on market.
Use strong staging and digital marketing — now listings stay live longer.
This isn’t a weak market, but not all homes sell instantly.
What To Watch in February
Mortgage rate movements — even fractional decreases can increase buyer demand.
Spring inventory surge — usually kicks in February–March.
Neighborhood-level performance — micro-markets (e.g., Westside vs. East LA) will vary.