In my August 2025 Los Angeles housing market update, I’m breaking down what I’m seeing across LA County as the market continues to feel slower and more cautious. Homes are taking longer to sell, buyers are hesitant, and with the Fed holding interest rates steady, the big question I keep getting is: are we officially in a buyer’s market? To answer that, I track five key stats every month—inventory, days on market, buyer demand (what’s going under contract), year-over-year changes, and price reductions. Here’s the headline: LA County inventory is up 18% year-over-year, and some of the jump is dramatic in specific pockets—Brentwood is up about 70% and Santa Monica is up around 55%. I also talk through neighborhood-by-neighborhood numbers for Toluca Lake, Studio City, Sherman Oaks, Encino, Santa Monica, Brentwood, and Beverly Hills so you can see where the shift is happening (and where it isn’t). One of the clearest signs of seller motivation right now is price reductions—nearly 1 out of 5 listings are cutting price to try to capture today’s buyer demand. If you want a customized monthly snapshot of your home’s value, I can set you up with a report that updates automatically.