In this February 2026 Los Angeles housing market update, I’m breaking down what I’m seeing on the ground right now: open house activity is picking up, but homes are taking a little longer to sell. Inventory is up slightly month-over-month, and most of Los Angeles is sitting in a balanced market—so this is not the time for emotional decisions. I track five key stats every month so my clients can move with a plan, not a headline. Here are the big takeaways: homes are averaging about 2–3 months to sell, and roughly 13% of listings have had price reductions. That tells me buyers may have negotiation opportunities in certain pockets, but it also tells sellers that pricing correctly from day one is critical. Different neighborhoods are moving at different speeds—Toluca Lake, Studio City, Sherman Oaks, Encino, Santa Monica, Brentwood, and Beverly Hills all behave differently—so strategy matters more than ever. If you’re thinking about buying or selling anywhere in LA, I recommend a quick consult so we can build a roadmap tailored to your goals and your specific micro-market.