A note from Tami Pardee
Dear neighbors and friends,
As we reflected on the past quarter, we found ourselves in an incredibly challenging time. The recent wildfires devastated our community, leaving many without homes and with uncertain futures. Our hearts go out to everyone impacted by this tragedy, and we have been committed to doing everything we can to help.
You may have noticed this quarterly market pulse is arriving a little later than usual. That’s because, in light of these events, we were focused on what matters most—supporting those in need. Over the past several weeks, we dedicated ourselves to a pro bono home matchmaking program to connect displaced families with available homes in our network.
We’ve also adjusted our market update to include data from the past month and a half, giving you the most up-to-date picture of market activity. With a sudden reduction in available housing, in an already under-supplied Los Angeles, and an increase in buyers looking for stability or a fresh start, we’re seeing a shift already. And all of this is happening during the historically busy selling season. If you’ve been considering a move, this may be the perfect moment for need, demand, and opportunity to align.
As always, our goal is to keep you informed so you can make the best decisions for your future, whether that means buying, selling, or simply understanding where the market stands. Above all else, we wish you safety and peace. Please know that our team is here not only as your real estate experts but as your neighbors.
How has the real estate market shifted in 2025?
Even before the fires, we were entering the spring buying season, historically one of the busiest times of the year. Now, there is so much velocity in the market, with a significant reduction in available housing, causing demand to surge even further. If you were thinking of selling in the next two years, now’s the time.
Questions people are asking right now:
• Is this a good time to list my home, or should I wait?
• Are home prices higher than they were a few months ago?
• Will this market velocity continue, or is it temporary?
• Is now a smart time to buy, or should I hold off?
• Am I missing the best opportunity to sell if I don’t list right now?
• Are homes getting multiple offers, and is that just in certain price points?
• Will interest rates come down anytime soon? If not, how does it impact the market?
• What is the best pricing and selling strategy for my specific home?
Recent Case Studies
Westchester house, ~$2M — This listing never even made it to its first open house. It went into escrow before hitting the market with multiple offers up to $200K over asking — proof of the market velocity and demand over the last month.
Ocean Front, $4.925M — On the market for 150 days without a buyer, the owners feared they had missed their window. We strategized, rebranded it, included all furniture, and recently found its perfect buyer.
Marine Street, $2.565M – This home sat unsold in 2021, leaving the owners unsure if they could ever get the price they wanted. We recently re-listed it for them and it received 7 offers, up to $250K over asking.
Centinela Ave 4-Home Portfolio, $1.45M to $1.75M – After a full year with another agent and no movement, the sellers thought they were out of options. We strategically positioned them and all 4 properties sold or entered escrow in the last two months.
While broad trends give us insight, the reality is that every home is different. If you’re wondering how these changes affect your specific situation, let’s talk. Our team is here to help you navigate this evolving market—whether you’re buying, selling, or just planning ahead.