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Here’s a Snapshot of the Westside Real Estate Market as We Head Into Summer 2025

Lisa Potier June 19, 2025

Westside Market Overview (May–June 2025)

Buyer-Leaning Market

  • Inventory is up—and quick: roughly 429 active listings in May, a 17.5 % increase from April

  • Over 55 % of recent sales closed below the asking price

  • Average listing age stands at 87 days

  • The Westside saw a median listing price of around $1.39 million in May 2025, marking just a +2.7 % increase year-over-year

  • Region-wide, the Los Angeles market shows about 3.6 months of supply, clearly favoring buyers

Neighborhood Highlights

  • Luxury areas like Santa Monica and Brentwood remain strong

  • Santa Monica homes sold in ~25 days with prices averaging $4.2–6 million

  • Brentwood homes sold on average in 40 days

  • In ultra‑high‑end enclaves -Bel Air, Holmby Hills, Beverly Hills, pricing remains firmly set based on prestige and amenities

Market Forces and Trends

  • Mortgage rates are hovering around 6–7 % and continue to temper buyer activity

  • Sellers are accepting price cuts. Staging, pre-listing inspections, especially in non-luxury brackets— are being used to attract attention

  • Condition matters in this market. New construction and clean, contemporary looks sell more quickly

  • Recovery from recent wildfires (Palisades and Malibu) has pushed buyers toward fire-safe zones such as Santa Monica and Brentwood, and Manhattan Beach

Summer 2025 Takeaway

Westside Los Angeles is entering a more balanced—but buyer-favored market. While luxury segments are still moving quickly, broader inventory increases and modest, if negligible, price growth let buyers negotiate more freely. Sellers who price appropriately, stage well, and are patient are seeing success. For buyers, timing could be ideal: more opportunities, fewer bidding wars, and still-strong neighborhood appeal.

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Whether you’re buying or selling, Lisa offers personalized real estate guidance every step of the way. From evaluating property value to negotiating favorable terms, she is committed to protecting your interests and making the process smooth and stress-free. Reach out today to get started.