Los Angeles Housing Market Update: July 2025

Summer has arrived in Los Angeles, and with it comes a fresh wave of activity in the local housing market. Whether you’re a seasoned homeowner, a first-time buyer, or simply curious about what’s happening in the City of Angels, this month’s update will help you stay informed and ahead of the curve.

Inventory on the Rise 🏡

For the first time in several months, Los Angeles is seeing a noticeable uptick in available homes. After a long stretch of low inventory, more sellers are testing the waters, bringing some long-awaited options to eager buyers. This increase is especially apparent in popular neighborhoods like Silver Lake, West LA, and the San Fernando Valley.

Prices: Holding Steady, With Pockets of Change

Median home prices in LA remain high, but the rapid price jumps we saw in previous years have slowed. In July 2025, the median sale price is hovering around $925,000—a figure that’s up just slightly from last month. However, some areas like Downtown and Koreatown are seeing more competitive pricing, giving buyers a bit more room to negotiate.

Interest Rates: A Mixed Bag

Mortgage rates continue to be a hot topic. While the Federal Reserve has hinted at possible rate cuts later in the year, rates for 30-year fixed mortgages are currently averaging around 6.3%. This is keeping monthly payments higher than many buyers would like, but it hasn’t dampened enthusiasm—especially among those looking to lock in before any future increases.

Rental Market: Still Sizzling 🔥

Renters are feeling the heat, too. Demand for apartments and single-family rentals remains strong, with average rents up about 4% year-over-year. Areas near new transit lines and tech job hubs are especially in demand, as remote work continues to shape where Angelenos choose to live.

What’s Next?

As we look ahead to the rest of the summer, expect the LA market to stay active but not overheated. More inventory means more choices, but buyers should still be prepared to move quickly on homes that check all their boxes. Sellers, meanwhile, may need to be flexible on price or offer incentives to stand out.

Thinking of making a move in Los Angeles this summer? Reach out for personalized advice and the latest opportunities. The market is always evolving, and having the right information can make all the difference!