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May 2025 Market Update: Is Now the Right Time to Buy or Sell in LA County?

May 2025 Market Update: Is Now the Right Time to Buy or Sell in LA County?

As we enter May 2025, the Los Angeles County real estate market presents promising opportunities for both buyers and sellers. However, current trends particularly favor buyers ready to make informed decisions.

📊 Market Snapshot

  • Median Home Price: Approximately $850,000, reflecting a 3.8% increase year-over-year. 

  • Inventory Levels: Active listings have risen by 7% from March to April 2025, offering buyers a broader selection of properties.

  • Interest Rates: Mortgage rates have decreased to an average of 5.85% for a 30-year fixed loan, enhancing affordability.

  • Market Activity: 67% of homes sold within 30 days in April, indicating strong demand for well-priced, move-in-ready homes.

💡 Why Buyers Should Consider Purchasing Now

1. Favorable Interest Rates

The recent decline in mortgage rates means lower monthly payments and increased purchasing power, making homeownership more accessible.

2. Increased Inventory

With more homes on the market, buyers have a wider array of options and greater negotiating leverage, reducing the pressure of bidding wars.

3. Long-Term Investment Potential

Despite market fluctuations, real estate in Los Angeles County has consistently appreciated over time, offering a reliable avenue for building wealth and equity.

4. Tax Advantages

Homeownership provides tax benefits, such as deductions on mortgage interest and property taxes, contributing to long-term financial savings.

🏠 For Sellers

While the market is becoming more balanced, sellers can still achieve favorable outcomes by pricing competitively and ensuring their homes are market-ready. The sustained demand indicates that well-presented properties are likely to attract serious buyers promptly.

Ready to Make Your Move?

Whether you're looking to buy your first home, upgrade, or sell your current property, now is an opportune time to act. With the current market dynamics, informed decisions can lead to significant long-term benefits.

Contact Tessa Distor | Broker, Agency411 Realty

📞 (818) 571-0850
📧 info@agency411inc.com
🏡 Serving Los Angeles County & Santa Clarita Valley

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