For much of the last decade, Los Angeles has been known for low housing inventory, steep competition, and rapid price growth. But in 2025, that trend is shifting and buyers are beginning to feel the difference. First Tuesday Journal+1
Inventory Is Growing But Still Below Historic Norms
In late 2025, Los Angeles County has seen housing inventory climb steadily, with available homes for sale increasing roughly 14% year-over-year. This follows similar growth seen earlier in the year, where listings had risen significantly compared to 2024 and even 2023 levels. First Tuesday Journal
Although overall supply is still below long-term historical averages, the trend toward more listings is clear and that means a more balanced marketplace where buyers have real choices instead of racing through bidding wars. Justin Borges
Homes Are Taking Longer to Sell
Another key change: homes are staying on the market longer. Buyers now often have weeks not days to decide and negotiate, which wasn’t the case during the ultra-heated markets of 2021–2023. This gives buyers more time to shop around, compare neighborhoods, and negotiate on price or terms. Amalfi Estates
What Buyers Can Do Now
With inventory rising, buyers have greater leverage:
- Negotiate price and credits: Sellers may be more willing to offer seller concessions, closing cost help, or rate buydowns to close deals.
- Shop around: Buyers can compare more homes across price ranges and neighborhoods.
- Time your offers: The urgency of panic offers has eased in many areas strong offers that are well-priced now stand out. Amalfi Estates
A Balanced Market Not a Crash
Despite more listings, prices in Los Angeles have remained relatively stable, without dramatic declines reflecting strong demand and ongoing affordability challenges. But the market is no longer purely in sellers’ favor. Moderate price growth and rising inventory point toward more equitable conditions for both buyers and sellers. Skybridge Property
Bottom line: While Los Angeles hasn’t flipped into a full buyer’s market yet, 2025 marks one of the first periods in years where buyers have genuine choices, time, and negotiation power. For anyone looking to enter the LA market, this shift could present meaningful opportunities.
