LA real estate

LA real estate

In October, home prices fell slightly from the month before, with a median listing price of $1,237,000. The number of listings on the market remained practically unchanged from last month, but it is a bigger decrease than normal for this time of the year in Los Angeles, and homes are also selling slower than at the same time last year.

"Transit-oriented development should be one of, if not the biggest solution that we're looking at for housing development," said Yonah Freemark, research director at the Urban Institute's Land Use Lab, who has written extensively on the topic. "It takes advantage of all of this money we've spent on transportation infrastructure. If you build the projects and don't build anything around the areas near them, then it's kind of like money thrown down the drain," Freemark said.

The Shreveport-Bossier City metro housing market demonstrated active price discovery mechanisms during the week ending Nov. 7, 2025, with 96 homes absorbed compared to 69 new listings entering the market. This 27-home absorption advantage occurred as 37.5% of the metro's 1,413 active listings showed price reductions, indicating sellers are adjusting expectations to meet buyer demand at the $250,000 median price point.

EY Plaza can't catch a break, or at least its lenders can't. It wasn't enough for a deal to purchase the distressed downtown office tower to fall apart, no, its value also took a hit. It's now worth about $135 million, down about 10 percent from its last valuation, according to Morningstar Credit. That's a significant drop from the $446 million it was once worth. It's becoming more apparent that Adam Rubin and Andrew Shanfeld's Carolwood dodged a bullet when its $130 million deal collapsed.

After five months on the market and a $10 million price cut, billionaire Steve Cohen found a buyer for his Beverly Hills residence. The pending deal comes as the New York Mets owner looks to remake 50 acres of parking into an $8 billion casino complex next to Citi Field in New York. The project, called Metropolitan Park, is vying for a state gaming license.

The Los Angeles metro housing market remains tight, but prices show early signs of softening as new listings come in below current medians. HW Data shows about 1,437 single-family homes sold last week, underscoring steady demand even as affordability remains a challenge. The Market Action Index registered 41.5 last week, signaling firm competition among buyers. HW Data's Market Action Index measures the balance between supply and demand, with values above 30 indicating a seller's market. Supply remains tight.

On an episode of The Kardashians that aired last summer, the reality star shared her triumph in purchasing the stunning property. "This house just really represents to me a lot of the hard work that I've put in, and it's like enjoying the fruits of my labor," she said during a confessional interview. "It's new energy. I am so looking forward to creating so many memories here."

Weingart opened a 19-story, 278-unit tower in Skid Row last year. The project cost $167.7 million, or more than $600,000 per unit. The tower was funded with $32 million of the city's homeless housing bond, a $1.8 million land loan from the City of Los Angeles, $48.7 million in deferrable loans from the California Department of Housing and Community Development, $56.9 million in tax credit equity and $85.3 million in tax-exempt bonds.

20 years after his death, Johnny Carson's Malibu compound is reemerging on the market with a $110 million price tag. The late Tonight Show host bought the modern wood-and-glass abode in the 1980s and maintained it until his 2005 death. Designed by architect Ed Niles, the triangular 7,100-square-foot house features a flat roof, glass walls, and soaring ceilings lined with dramatic beams.

The David Lynch mid-century Compound spreading across 2.3 acres in Hollywood Hills, Los Angeles, hits the market. A 1963 Lloyd Wright design, the property consists of five contiguous parcels centered around the Beverly Johnson House. The home serves as the architectural anchor for an expanded creative complex that filmmaker David Lynch assembled over several decades, a convergence of mid-century architectural heritage, Hollywood cultural history, and cinematic production infrastructure.

The modern three-story house features five bedrooms, a two-lane bowling alley and a great room that opens to the pool's edge. Doncic, the 26-year-old Slovenian basketball player who signed a three-year, $165 million contract extension with the Lakers in August, acquired the property through his business manager, Lara Beth Seager, according to records viewed at PropertyShark.com and confirmed by the Southern California News Group.