• calendar_month February 14, 2025
• folder Buying/Selling 2025

Los Angeles home prices are expected to increase between 2% and 5% in 2025, following a 1.4% rise last year. The California Association of REALTORS® predicts a 4.6% statewide price increase, indicating steady market growth.

Key Factors Influencing Prices:

• Interest Rates: Expected to fluctuate between 6% and 7.5%, impacting affordability.
• Housing Inventory: Projected to grow from 9,000 to 14,000 homes, though still below pre-pandemic levels.
• Economic Conditions: Slowing U.S. GDP growth (1.1%) may moderate demand.
• Natural Disasters: The Eaton Canyon wildfire has driven up demand in affected areas, temporarily inflating prices.

What This Means for Buyers & Sellers

• Buyers: If interest rates drop, competition will rise, so acting sooner could be beneficial.
• Sellers: Price growth is steady, but strategic pricing and staging remain key.

Final Thoughts

The LA housing market is expected to remain strong with moderate price growth. Whether buying or selling, staying informed is essential. Call or text me at 818-633-5501 to discuss your real estate goals!