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May is here, and with it comes that sweet spot between “too cold” and “way too hot.” The flowers are blooming, the days are longer, and it’s finally starting to feel like summer’s just around the corner. Whether you’re planting something new, planning a weekend getaway, or just soaking up the sun, it’s a great time to enjoy the best parts of Los Angeles.
Cheers,
Andy
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The Los Angeles real estate market continues to show steady strength as we head into May. The median list price is currently $1,699,000, and the Market Action Index (MAI)—which tracks the balance between supply and demand—has ticked up to 39, up from 37 last month.
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Here’s what that means:
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Still a Seller’s Market – Even with inventory increasing to 1,744 homes, it’s still low enough to keep sellers in a favorable position.
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Prices Near Market Highs – While this week’s price movement was minimal, we’re hovering close to recent price peaks. That’s a sign the market remains competitive.
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What to Watch – There’s no dramatic shift in supply or demand just yet, but if the MAI were to consistently dip below current levels, that could be an early sign of softening prices.
For sellers, conditions are still working in your favor—demand is strong, and inventory is manageable. For buyers, locking in a home now could be wise before any further pricing pressure kicks in.
As always, I’m here to help you make sense of the numbers and seize the best opportunities—whether you’re looking to buy, sell, or just stay informed.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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