Best up-and-coming neighborhoods in Los Angeles?

The Los Angeles housing market currently shows a median listing price of just under $1.1 million, which hasn't changed from the prior month. Prices are 7% lower than a year ago. Homes are also taking a bit longer to sell than they did last year.People trying to sell their homes right now have dropped their prices a little less often compared to last year. While about 15% of homes have seen a price reduction, this is actually a smaller share than a year ago.There are about 19,232 homes for sale right now, which is a tiny bit fewer than last year. New listings coming onto the market are also down slightly, by almost 3% compared to a year ago.Homes are staying on the market for 50 days before going under contract. This is about 6% longer than last year, meaning buyers have a little more time to make decisions.For those looking to buy, the slight drop in prices over the past year and more time to consider homes could be helpful for finding the right fit.