Market Intelligence Report — CA-080

Los Angeles, CA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-CA-05
Updated: May 2026
Cooling
Median Listing
$1.10M
-8.0% YOY
Pending Ratio
0.40
+0.2% YOY
Active Inventory
18,523
+2.0% YOY
Median DOM
47 Days
+4.4% YOY

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The Los Angeles-Long Beach-Anaheim market is currently cooling, with a pending ratio of 0.40 indicating demand absorption is moderate. This comes amidst a slight increase in active listings year-over-year.

The median listing price in May 2026 was $1,100,000, reflecting a 0.1% month-over-month increase but an 8.0% year-over-year decline. Active listings rose by 2.0% year-over-year, while new listings decreased by 4.2%. The median days on market increased by 4.4% year-over-year to 47 days, and the price-reduced share saw a modest 1.4% year-over-year decline.

Westside resets while east-side hillside enclaves stay competitive.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.40, the market demonstrates a moderate pace of demand absorption relative to available inventory. Buyers may find a slightly extended period for consideration, and there may be some emergent price discipline as inventory levels show an upward trend year-over-year.

Luxury Segment

The average listing price decreased by 4.8% year-over-year, while the median listing price declined by 8.0% year-over-year. The median price per square foot also saw a 2.9% year-over-year decrease to $667, suggesting some softening in the higher-price tiers.

Supply Dynamics

18,523 active listings represent the current floor, with new supply arriving at roughly 8,804 per month.

Pricing Pressure
14.3%

of active listings carry a price reduction, -1.4% from prior period.

$/Sq Ft
$1K

Median price per square foot has moved -2.9% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Metro Demographics

MSA Population
12.9M
Metro Area
Los Angeles–Long Beach–Anaheim
CBSA Code
31080
State
CA

ZIPs in Los Angeles, CA

Sorted by active inventory · click a ZIP for its full report