Los Angeles Homes for Sale. How Low is the Inventory?

If you have any doubt about how low the housing inventory has become in Los Angeles, here are some data broken down by area, property type, and comparison against the height of the market over the past three years:

Santa Monica, Culver City, and West Hollywood are all suffering from low inventory which favors sellers.

Even though inventory is down, Malibu is still a buyers’ market, and Beverly Hills is bordering on a buyers’ market.

Interest rates remain low, so if you have a reason to sell, don’t hesitate.

 

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