February 2026: Los Angeles Market Update

February 2026: Los Angeles Market Update

As February unfolds, the market is settling into its post-holiday rhythm. Per the MLS, January reflected a natural pause following the year-end season in Los Angeles. The median sales price shifted from $1,280,000 to $1,258,000 from December 2025 to January 2026, a modest 1.7% decrease, while average days on market increased slightly from 44 to 48 days, and closed sales declined from 449 to 316 transactions. These patterns are consistent with the annual reset that often occurs as buyers and sellers return from the holidays and re-engage with intention.

Mortgage rates have also adjusted modestly, with the 30-year fixed rate landing around 6.11%, per Freddie Mac, reflecting ongoing responsiveness to broader economic conditions. While national headlines continue to shape sentiment, Los Angeles remains a market defined by its own fundamentals, depth of demand, strong employment centers, and neighborhood-driven desirability that tends to buffer short-term volatility.

Importantly, on-the-ground activity tells a constructive story. Across Los Angeles, we are seeing increased buyer inquiries, active open houses, and renewed engagement as the year gains momentum. At Highland Premiere, this has translated into new listings coming to market and meaningful early-year activity, signaling confidence from both buyers and sellers as they begin to execute their plans for 2026.

As always, we remain deeply grateful to our community and committed to guiding you through each market shift with clarity, care, and expertise. Whether you are actively preparing for a move or simply staying informed, our focus remains the same, helping you make thoughtful real estate decisions that align with your long-term goals.

We look forward to staying connected throughout the months ahead and continuing to serve our community with the integrity and attention it deserves.