Garvanza is seeing relatively limited options with only 16 homes on the market in February 2026. New listings are down about 30% from last year, with just 14 properties hitting the market. Pending sales have also slowed, running about one-third lower than a year ago, with 8 homes going under contract.
Pricing is responding to this mix of softer demand and tight supply. The typical home value sits around $1,180,000, notably higher than the Los Angeles citywide figure of about $1,010,000, while the median list price is an even higher $1,397,000. Homes are taking about 45 days to sell, which is faster than the prior month but still much slower than a year ago, and roughly 40% of recent sales have closed above list price with an average sale-to-list ratio of about 1.04.
Recent movement shows some volatility, with typical values jumping over 21% month over month but still down more than 14% compared with last year. Looking ahead to March 2026, typical values are projected to move toward $1,282,500, with median list prices expected to approach $1,522,778 and inventory edging slightly lower to about 15 homes. With Garvanza classified as a seller’s market by the current gauge, both buyers navigating tough choices and sellers aiming to price confidently can benefit from Agent Pronto helping them find the right local real estate agent.
