The Los Angeles real estate market continues to show steady movement. The median list price is now $1,450,000, reflecting overall price stability while demand remains active.
One of the most important indicators to watch is the Market Action Index (MAI), which measures the balance between supply and buyer demand. This week, the MAI has increased to 36, up from 35 last month. That upward trend tells us buyer activity has been strengthening over the past several weeks.
At the same time, inventory has dropped to 1,519 homes, meaning there are fewer properties available. With sales continuing to outpace supply, we remain firmly in a Seller’s Market.
Although the market feels like it’s leveling off at this current plateau, the rising MAI suggests that upward price pressure could build if this trend continues. The MAI is a strong leading indicator, so it’s one of the best signals for where the market may head next.
For sellers, limited competition and strong buyer demand create favorable conditions.
For buyers, watching the trend closely is key — moving sooner may help you avoid higher prices if momentum continues.