Spring has sprung in Los Angeles — wisteria’s blooming, patios are buzzing, and the Westside Los Angeles real estate market is finally stretching out after a relatively sleepy winter. While we’re not seeing a full-on frenzy (yet), there are clear signs of renewed activity.
New listings are beginning to trickle into the Westside Los Angeles real estate market, but inventory remains tight. Areas like Mar Vista and Santa Monica are still hovering below their usual spring averages, making it a competitive market for well-priced homes. Properties that hit the right note are getting snapped up quickly, often with multiple offers. Open house traffic is noticeably up, and there's a definite sense that buyers are circling — albeit still moving with a measure of caution.
Of course, the broader economy remains a wildcard. Mortgage rates are still high, and the stock market has been on a bit of a rollercoaster, adding another layer of uncertainty for anyone trying to perfectly time their next big move. Some buyers are holding out for the "perfect" moment, while others are moving forward, knowing that in real estate, perfection is rare.
That said, we are firmly in a "strategic season" — a time when buyers need to be sharp, ready, and well-informed, and sellers need to lead with strong preparation, realistic pricing, and a little patience.
As we head into May, the Westside Los Angeles real estate market is expected to see more movement, more new listings, and even more interesting data points to track. It's shaping up to be an exciting few months ahead on the Westside.
If you’re thinking about making a move — or just curious about what your options look like in the Westside Los Angeles real estate market this spring — don’t hesitate to reach out. I’m always happy to chat and help you navigate your next step with confidence.
