Is Housing Inventory Finally Returning to Normal in Los Angeles and Beverly Hills?
Over the past few years, many buyers in Los Angeles—particularly in high-demand areas like Beverly Hills, Bel Air, and Holmby Hills—have faced an incredibly tight housing market. Low inventory, soaring demand, and fluctuating mortgage rates created a landscape where competition was fierce and choices were slim. But now, there are signs that the tide is beginning to turn—and that's welcome news for both buyers and sellers navigating the luxury real estate market in L.A.
National Inventory Is Rising—But What About Los Angeles?
According to recent data from Realtor.com, inventory levels are climbing steadily across all U.S. regions. In fact, in the Western U.S.—which includes California—housing inventory has surged nearly 41% year-over-year, the highest growth rate of any region.
While this national trend is promising, real estate is always hyper-local. In Los Angeles, we are indeed seeing more listings hit the market, particularly in neighborhoods like Beverly Hills Flats, Brentwood, West Hollywood, and the Sunset Strip. While we haven’t quite returned to the inventory norms of 2017–2019, the increased selection is offering buyers a sense of breathing room that’s been missing for some time.
Why Are We Seeing More Homes on the Market?
Two primary factors are contributing to this welcome shift:
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More Sellers Are Re-Entering the Market
Homeowners who were waiting for interest rates to drop have finally decided to list. In fact, this May recorded more new listings than any other May in the past three years. -
Homes Are Taking Longer to Sell
Properties are spending more days on market—on average, 51 days nationally—which increases available inventory. In Beverly Hills, luxury homes are typically on the market longer due to their unique pricing and niche appeal, but the trend holds here too.
What This Means for Los Angeles and Beverly Hills Buyers
This uptick in available properties is helping to bring balance back to the market. For the past few years, sellers held the power—especially in ultra-exclusive zip codes like 90210. Now, buyers in the luxury segment are seeing more negotiating leverage and a broader range of options. Whether you're looking for a historic Paul R. Williams estate, a gated contemporary villa in Bel Air, or a view property in the Hollywood Hills, your chances of finding "the one" are improving.
However, Beverly Hills and greater L.A. inventory still hasn’t fully rebounded to pre-pandemic levels. We’re seeing signs of improvement, but the market remains competitive—especially for turnkey, move-in-ready homes.
️ Why Local Expertise Matters
Even with national headlines touting growth, each L.A. neighborhood behaves differently. For instance, Holmby Hills may still be undersupplied, while parts of Westwood or Beverly Grove may show stronger inventory rebounds. That’s why it’s essential to work with a top Beverly Hills real estate agent who understands the intricacies of each micro-market.
With over 36 years of experience in Los Angeles luxury real estate, I bring unparalleled insight into market cycles, off-market opportunities, and pricing psychology that affects multi-million-dollar homes.
Bottom Line
Yes—inventory is getting better. But the speed of recovery varies dramatically by location and price point. Whether you're planning to sell your property or begin the search for your dream home in Los Angeles or Beverly Hills, it’s crucial to partner with a seasoned local expert who can guide your strategy and uncover the right opportunities.
Let’s talk about what’s happening in your neighborhood—and how we can take advantage of the current market together.
Ready to make your next move in Beverly Hills or greater Los Angeles?
Contact Christophe Choo, Coldwell Banker Global Luxury top agent, for expert guidance, market insight, and personalized service.
310-777-6342 | www.ChristopheChoo.com
Specializing in Beverly Hills, Bel Air, Holmby Hills, and Westside luxury real estate.
