Bel Air currently leans toward sellers, with the market gauge at 30 out of 100. Typical home values are lofty at about $3,255,500, more than triple Los Angeles overall at $1,010,000. At the same time, only about 26.7% of recent sales closed above list price, showing buyers still have room to negotiate.
Recent trends help explain this balance. Inventory has dropped to 82 homes, down about 7.9% from last month and nearly 37.4% from a year ago, while new listings have fallen 36.79% year over year to 67, so buyers have fewer options to choose from even as they gain some bargaining power.
Pricing and timing also show the market adjusting. Typical home values are down 16% month over month and 35.69% year over year, and the projected typical value for March 2026 is a lower $2,945,500, while the projected median list price of about $4,312,500 suggests higher-end sellers still aim high on asking prices. Homes are spending around 78 days on the market, which is 7.14% faster than last month and more than 54% faster than a year ago, signaling that well-positioned properties are still moving. With these mixed signals, both buyers and sellers in Bel Air can benefit from Agent Pronto helping them find a real estate agent who understands the nuances of this changing market.
