April 2025 Market Report
Market Statistics and Analysis
The chart below shows the monthly average price of "for sale" and "sold" properties in Los Angeles County since February 2024. The latest market data shows a slight cooling compared to the previous month, with the median sold price down 1.4%, average active price down 3.6%, and average sold price down 2.5%. These shifts suggest that sellers may be adjusting their expectations, possibly in response to increased competition. For buyers, this could mean more room to negotiate, though it is still important to act decisively on well-priced homes.
Year-over-year, however, the market appears more stable. The median sold price is up 0.8% and average sold price has risen 4.7%, indicating that home values are holding strong despite the recent month-to-month dip. The notable 9.5% drop in average active prices suggests sellers are pricing more strategically to meet motivated buyers where they are.
Key Takeaways:
• The short-term (monthly) data reflects a soft seasonal pullback likely influenced by increased seller competition or general caution
• The long-term (yearly) market trend remains healthy with sold prices holding or gaining value
• Sellers may need to price homes more competitively but should still expect strong offers on quality & well-presented properties
• Buyers can feel encouraged by a more negotiable environment but should still act decisively on well-priced homes
April 2025 Median Sold Price was Neutral*
Average Median Sold Price in April 2025: $910
| • | Down 1.1% compared to last month |
| • | Up 1.1% compared to last year |
April 2025 Average For Sale Price was Neutral*
Average For Sale Price (in thousand) in April 2025: $2492
| • | Down 3.6% compared to last month |
| • | Down 9.5% compared to last year |
April 2025 Average Sold Price was Neutral*
Average Sold Price (in thousand) in April 2025: $1317
| • | Down 2.6% compared to last month |
| • | Up 4.8% compared to last year |
*Based on 6 month trend - Appreciating/Depreciating/Neutral
Data for your neighborhood:
