Andy's Corner - August 2025

August is here, and summer's still going strong in LA. We're talking more long days, warm nights, and plenty of opportunities to get a farmers tan. You might be catching a beach day, exploring a new hiking trail, or just enjoying a relaxed evening al fresco. There's so much to love about summer here and plenty of events that take advantage of the weather. Just remember to keep a water bottle close by.

Cheers,

Andy

As we move through July, the Los Angeles housing market continues to show signs of gradual cooling. The median list price this week is $1,550,000, and the Market Action Index (MAI)—which tracks the balance of supply and demand—has dipped slightly to 35, down from 36 last month.

Here’s what that means for buyers and sellers:

Cooling Trend Continues – Inventory has increased to 2,046 homes, giving buyers a bit more choice. At the same time, demand has softened just enough to slightly ease the pace of the market.

Prices Still Holding Steady – After months of climbing, prices have hit a plateau. We're not seeing big shifts either way, which often signals a market in transition.

Why the MAI Matters – We’re still in a Seller’s Market, but barely. If the MAI begins to rise again, prices may start to climb too. If it drops further—or dips into the Buyer’s zone—expect potential downward pressure on home values.

In short, the market is hovering at a turning point. Sellers can still benefit from listing now, especially with strategic pricing. Buyers may find more opportunities and leverage than they had earlier this year.

As always, I’m here to help you navigate the numbers and make smart, confident real estate decisions—whatever side of the deal you're on.