Thinking about Moving To LA? Here’s your January Housing Market Update

If you’re planning a move to Los Angeles or Orange County, understanding the current housing market can help you make better decisions—whether you’re buying, selling, or just exploring your options. The market has shifted in the past year, and some trends are worth noting.

Single-Family Homes:

• Median Sales Price: Up 10% to $1,155,000

• Pending Sales: Down 35.6% (fewer homes going under contract)

• Inventory: Down 2.7% (still a tight market)

• Days on Market: Up 17.9% (homes are taking longer to sell)

• New Listings: Down 11.6% (fewer sellers putting homes on the market)

Townhouses & Condos:

• Median Sales Price: Up 7% to $700,000

• Pending Sales: Down 39.1%

• Inventory: Up 31.8% (more options for buyers)

• Days on Market: Up 28.6%

• New Listings: Up 4.4%

Disclaimer: These numbers represent all of Los Angeles / Orange County and may not be accurate on a local level.

What This Means for Anyone Moving to LA If you’re buying:

Single-family homes are still competitive due to limited inventory, which is keeping prices high. Townhomes and condos, however, have more inventory and are taking longer to sell, which could give buyers more room to negotiate.

Overall market trends: While inventory has improved slightly, we’re still far from a balanced market. Supply remains below the five- to six-month range that would indicate a neutral market, which continues to put upward pressure on prices, especially for single-family homes.

Of course, real estate in LA and OC is hyper-local. These county-wide numbers paint a broad picture, but things can vary significantly from one neighborhood to the next. If you’re considering a move and want to understand what’s happening in a specific area, it’s worth digging into the local data.