Inventory in Oakwood is limited, with just 21 homes on the market in February 2026. New listings are also scarce, down 44.44% year over year to only 15 for the month. Despite this tight supply, pending sales are 10, which is 37.5% lower than a year ago, pointing to slower contract activity.
Homes are taking longer to secure buyers month over month, with median days on market rising nearly 15% to 96.5 days, yet they are still moving almost 29% faster than last year. Only about 10% of recent sales closed above list price, and the average sale-to-list ratio of about 0.98 suggests buyers have some room to negotiate even though the area is still labeled a Seller's Market with a gauge reading of 21.
Pricing is adjusting to these conditions, as the typical Oakwood home value has dipped to about $2,162,500, down 1.86% year over year and 15.2% month over month, while the median list price has climbed to roughly $2,695,000, up 13.59% from the previous month. Projections show typical values could ease further to around $1,968,750 next month even as the projected median list price edges up to $2,856,250 and inventory nudges to 23, contrasting with the broader Los Angeles typical value of $1,010,000. With these crosscurrents affecting both buyers and sellers, Agent Pronto can connect each with a skilled local agent who understands how to navigate Oakwood’s current dynamics.
