Andy's Corner - July 2025

July is here, and with it comes peak summer—long days, warm nights, and a calendar full of reasons to get outside. Whether you’re spending the 4th with family, escaping the city, or just enjoying a quiet evening under the string lights, it’s a great time to soak up everything summer in LA has to offer. Don’t forget your sunscreen - it’s the cheapest and most effective form of skincare in Los Angeles.

Cheers,

Andy

The Los Angeles real estate market is showing more signs of cooling as we move through June. This week, the median list price is $1,649,000, and the Market Action Index (MAI)—which gauges the balance between supply and demand—has dropped to 33, down from 39 last month.

Here’s what that means for you:

Momentum Slowing – While inventory has held steady at around 2,007 homes, buyer demand has softened slightly. This is reflected in the steady decline in the MAI over the past several weeks.

Prices Holding at a Plateau – We’ve seen prices level off, and they’re not making big moves up or down. The market seems to be in a wait-and-see phase.

Keep an Eye on the MAI – We’re still in a Seller’s Market zone, but just barely. If the MAI starts to climb again, we may see prices increase. If it continues to drop or slips into Buyer’s Market territory, expect pressure on prices to move downward.

The bottom line? For sellers, it’s still a good time to list—but pricing strategy matters more than ever. For buyers, the market's slower pace could mean more room to negotiate and time to make thoughtful decisions.

As always, I’m here to help you navigate this evolving market and make the most of whatever direction it takes.

—Andy