Zooming Out: What’s happening across the Westside?
A MARKET THAT’S SLOWING IN PACE, NOT IN VALUE
Transaction counts have eased compared to prior periods, but pricing has remained relatively steady, signaling a shift in speed rather than a drop in demand.
BUYERS ARE MORE DELIBERATE, NOT DISAPPEARING
Longer days on market reflect more thoughtful decision-making, with buyers taking time to compare options and negotiate, rather than stepping away entirely.
PRICING POWER STILL FAVORS WELL-POSITIONED HOMES
Homes that are priced appropriately and presented well are still selling close to list price, while misaligned pricing is being corrected through longer timelines or reductions.
SINGLE-FAMILY HOMES CONTINUE TO LEAD
Across markets, single-family homes remain the most consistent driver of demand, with more stable pricing and stronger buyer interest than attached properties.
LONG-TERM TRENDS REMAIN INTACT
Despite short-term fluctuations, long-term price trends continue to show meaningful appreciation, reinforcing the underlying strength of these markets.
THE SPARKNOTES VERSION
• The market is adjusting its pace, not losing value.
• Buyers are more selective and strategic.
• Pricing and presentation are driving outcomes.
• Long-term fundamentals remain strong.