What’s Really Happening in the Westside LA Housing Market? April Reality Check
If you’ve been watching the real estate market in Westside LA and wondering if it’s a good time to buy, you’re not alone. The truth? It depends on the neighborhood. Over the last four months, we’ve seen different parts of the Westside moving at different paces some are heating up, while others are cooling off or sitting still.
Let’s break it down in real, human terms no need to get lost in the data.
Hot Spots: Where Sellers Still Have the Edge
Some neighborhoods are seeing strong demand, which means homes are selling fast and often close to asking price.
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Brentwood and Mar Vista are examples of this. In Brentwood, homes are still moving quickly because there’s a lot of interest and not enough supply at certain price points. Mar Vista is showing similar activity homes are being snapped up, and although some sellers are adjusting prices, buyers still need to move quickly to secure a deal.
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Playa Vista is red-hot. There's barely any inventory, so when something hits the market, it goes fast. If you’re eyeing this area, be prepared for competition and act fast when something you love pops up.
Mixed Signals: Could Be an Opportunity
Then we’ve got places like Santa Monica, Venice, and Marina del Rey. These are neighborhoods where the market isn’t moving as quickly, but there’s still just enough demand to keep things from totally shifting in favor of buyers.
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In Santa Monica, prices are still high, but homes are sitting a little longer. It doesn’t mean there are huge discounts — but it does mean you might have a little more breathing room as a buyer.
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Venice and Marina del Rey show signs of cooling off. Some sellers are lowering prices, and more homes are coming back on the market. If you’re patient and well-prepared, these could be good areas to negotiate a better deal.
Shifting Gears: Where Buyers Might Have More Power Soon
In areas like Del Rey and Pacific Palisades, the market is slowing down. Homes are taking longer to sell, inventory is building up, and fewer homes are getting offers right away.
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In Pacific Palisades, for example, luxury homes are sitting longer, and we may start to see price drops if demand doesn’t pick up soon.
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Del Rey is quieter too not many new listings, and not much movement overall. This might give buyers more room to negotiate, especially if sellers are eager.
So... Is It a Buyer’s Market or a Seller’s Market?
For the most part, Westside LA is still a seller’s market but the winds are shifting in some areas. First-time buyers may find opportunities in places that are cooling off, especially if you're willing to act fast when the right listing comes up or consider areas that have been sitting a bit longer.
The Bottom Line
If you're a first-time buyer, now’s a smart time to get educated and stay alert. Watch the market weekly, not just the big headlines. Look for listings that have been sitting for a while, ask about price reductions, and work with an agent who knows how to spot opportunities in a changing market.
If you'd like more detailed or statistical market data, feel free to reach out I have that info at my fingertips and would love to share it with you. Whether you're just starting your journey or ready to make a move, I’m here to help guide you every step of the way.
