The Wait
Nicole Pletkovich July 29, 2025
Nicole Pletkovich July 29, 2025
If you've been feeling like selling your home is taking longer than expected—you’re not alone. The Los Angeles housing market in 2025 is shifting, and patience has become the name of the game.
Much like fishing, selling a home today requires the right bait (pricing), the right spot (location), the right timing, and plenty of persistence. But with more homes on the market than we've seen in years and fewer buyers actively shopping, many sellers are discovering that success doesn’t come overnight.
Inventory has skyrocketed: Over 15,000 homes are currently on the market in LA County—up 37% from last year and nearly double from 2023. Buyer demand is down 4%, which means more competition among sellers and longer market times. Expected Market Time has climbed to 128 days—the slowest pace for mid-July in over a decade.
Sellers across nearly all price ranges are facing delays: 41% of listings have been on the market for over 60 days. Even in high-demand segments like $750K–$1.5M, 35–36% of homes have not sold within two months. Homes above $2 million are sitting even longer, with some seeing market waits of up to 64% over 60 days.
The Spring and early Summer markets—historically the most active times to sell—are now behind us. As the school year nears, more homeowners are pulling listings: In June alone, nearly 3,000 sellers pulled their homes off the market—the most since 2018. Year-to-date, withdrawn listings are up 93% from last year.
For Sellers:
Today’s market demands accurate pricing from the start. Overpricing leads to extended market time and potentially no offers. Homes that are priced according to Fair Market Value, factoring in real comps, condition, and amenities, are the ones that still attract attention.
For Buyers:
While it’s a more favorable environment to negotiate, deep “deals” are rare. Most sellers are holding firm on price unless the home has been mispriced or sitting too long. The best approach? Focus on value—not just price—and move decisively when a well-priced home hits the market.
What Today’s Market Means for Sellers and Buyers
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