In May 2025, the median home sale price in Los Angeles reached approximately $1.055 million—a modest 0.5% increase from a year ago—while homes sold more slowly, taking about 45 days on average compared to 39 days last year. Sales volume dipped about 7% year-over-year, with 1,617 homes sold compared to 1,738 the previous year. Market competitiveness remains moderate, featuring an average of three offers per home and a sale-to-list price of 99.8%, though conditions are easing slightly from peak demand.
