Los Angeles Real Estate Blog & Market Updates

The Sherman Oaks restaurant boom along Ventura Boulevard is bringing a wave of new spots within easy walking distance of each other, from Jawny's Philly cheesesteaks and Burger She Wrote's smash burgers to Kreation Organic's cold-pressed juices, with Yama Sushi Marketplace and Hapa Haus's golf simulators on the way. For anyone living in or considering Sherman Oaks, it is turning a familiar stretch of the Boulevard into a genuine walk-to-dinner neighborhood.

Published on July 9, 2026 by Leegie Parker Leegie Parker | Real Estate Advisor | DRE 01020534 | Compass | Leegie.com June Market Stats At a Glance The Los Angeles real estate market in June 2026 is steady, with a slight seller's advantage. The median list price for single family homes in the City of Los Angeles eased to $1,469,500, active inventory grew to 1,948 homes, and mortgage rates ended the month at a seven-week low of 6.43%. Well-priced homes are still moving fast: th

Luxury homes in Los Angeles generally start around $4 million, but what you get at that price depends entirely on the neighborhood. The ultra-luxury tier begins around $20 million, with trophy properties in Bel Air, Beverly Park, and Holmby Hills trading from $50 million into nine-figure territory. Roughly 25% of LA luxury deals happen off-market, and the market moves on a longer timeline than the general residential market.