Los Angeles Real Estate Blog & Market Updates

Published on July 23, 2026 by Leegie Parker Leegie Parker | Real Estate Advisor | DRE 01020534 | Compass | Leegie.com A real estate agent at an open house in a Los Angeles home Quick Answer Understanding what open house activity means comes down to context. For a seller, little to no open house traffic and few showings usually points to a pricing problem, especially when inventory is limited. For a buyer, a packed open house is a signal to act rather than wait, because in rea

The pockets of Tarzana run from the attainable flats north of Ventura Boulevard, where most homes trade between $1 million and $1.4 million, up to the guard-gated hillside estates where custom homes reach well into the multimillions. Tarzana is really six distinct neighborhoods, and knowing which one you are looking at is the key to understanding what you are buying.

Tarzana real estate in 2026 is a low-inventory, pricing-sensitive market. In the first six months of the year, 87 single family homes sold at a median price of $1.8 million, averaging 40 days on the market and 95% of list price. Well-priced homes draw showings quickly at every price point, while overpriced listings sit through round after round of reductions.

San Fernando Valley first-time home buyers in 2026 are still closing, but not on the homes they originally pictured. Entry-level single-family homes in Reseda start in the mid to high $700,000s. North Hollywood and West Hills start in the low $800,000s. Buyers who get to the table are combining family gift funds, California down payment assistance, and lenders who know how to qualify them correctly. The Valley is not closed to first-time buyers. It just requires a clearer str

Studio City's Ventura Boulevard is in the middle of a genuine restaurant boom. More than a dozen new places have opened along the Boulevard in the past several months, spanning open-fire Argentine dining, coastal Italian crudo, all-day brunch, craft coffee, a post-apocalyptic bar, an East Coast bagel shop on the way, and a brand-new entertainment venue in the former Oil Can Harry's space. If you have not been out to explore lately, now is a great time to go.

Both sides of Los Angeles offer real value when you're relocating, but they deliver different things. The Westside (Santa Monica, Brentwood, Beverlywood, Pacific Palisades) is denser, cooler in the summer, more walkable, and more expensive per square foot. The San Fernando Valley (Tarzana, Encino, Sherman Oaks, Woodland Hills) is more spacious, warmer, family-oriented, and gives you significantly more home and lot for your budget. The right side for you depends on where you w

The San Fernando Valley real estate market in Q1 2026 showed a slight cooling from last year, with the median single-family home price across the Valley sitting at $1,156,000 and a median of 26 days on market. Prices held in most neighborhoods, inventory remained tight, and well-priced homes continued to move. The biggest disruption was a temporary buyer pause in early March following the outbreak of the U.S.-Israel conflict with Iran, but buyer activity has since rebounded h

If you are comparing Tarzana vs. Encino vs. Woodland Hills, the right neighborhood depends on your budget, lifestyle, and what kind of daily life you want. Tarzana is the smallest and most community-oriented of the three, with a strong south-of-Ventura premium. Encino carries the most prestige and the highest price points, with easier Westside access. Woodland Hills is the largest, offers the most inventory and the lowest entry point for single-family homes, and gives buyers

Commons Lane Calabasas is a mixed-use redevelopment transforming The Commons at Calabasas from a traditional shopping center into a walkable village with 80 luxury apartments, 27,000 square feet of new restaurants and boutiques, and a community green space. For Calabasas and West Valley homeowners, the project is likely to reinforce the area's premium market positioning over time, making the neighborhood more attractive overall without dramatically shifting prices in either d

The San Fernando Valley real estate market picked up momentum in April 2026 after a slow start to spring. The valley-wide median closed price is $1,034,250 across all property types, with single-family homes at a $1,224,500 median. Well-priced homes sold quickly with multiple offers, while 52.9% of all transactions included seller concessions, most commonly buyer agent compensation.

The 2026 World Cup will affect LA neighborhoods well beyond SoFi Stadium. Los Angeles is using a hub-and-spoke transit model that turns locations across the county into primary activation points for 39 days. Transit gateways in North Hollywood, Woodland Hills, Culver City, and Santa Monica will funnel fans to the stadium on match days. Fan zones at the LA Memorial Coliseum, Venice Beach, Hansen Dam, Union Station, Downtown Burbank, and other locations will bring event-day cro

The right time to sell your home in Los Angeles depends more on your personal readiness than market headlines. If you have equity, a clear plan for where you're going, a home that's prepped for the market, and the flexibility to price strategically, spring 2026 is a strong window. If you don't have your next move sorted out, you're not willing to do the prep work, or you're banking on a price that doesn't match what buyers are paying today, waiting may be the smarter call.

The Residences at Sportsmen's Lodge is a 520-unit, $500 million mixed-use development rising at Ventura and Coldwater in Studio City, with construction expected to run through 2027. For Studio City and Sherman Oaks homeowners, the closer your home sits to the site, the more you will feel both the short-term construction disruption and the longer-term amenity and walkability lift once the project delivers.

Rams Village Woodland Hills is a $10 billion, 52-acre mixed-use development on the former Promenade Mall site, anchored by the new Los Angeles Rams headquarters. Woodland Hills is ground zero, and Tarzana, Encino, West Hills, Canoga Park, and Winnetka are all positioned for spillover demand, with the adjacent affordable pockets holding the biggest potential upside.

Mortgage rates fell last week to 6.37 percent, the first meaningful drop in weeks. Buyer activity across the Westside of Los Angeles and the San Fernando Valley has picked up noticeably. Rates update again Thursday, April 16, and I will be watching closely.

Tarzana has one of the strongest senses of community of any neighborhood in the San Fernando Valley. People know each other here. • The neighborhood has deep, fascinating roots dating back to Edgar Rice Burroughs, the author who created Tarzan and literally named this community. Ventura Boulevard offers walkable access to restaurants, shops, markets, and services that rival any neighborhood in Los Angeles.