Year-over-year, University Park’s rolling three-month numbers point to a cooler price environment and softer demand. The typical home value is down sharply compared with last year, off more than 25 percent, while the median list price has also fallen at a double-digit rate. At the same time, inventory has grown, and months of supply has surged to one of its highest levels in recent years, reinforcing the shift toward a buyer’s market.
In the most recent rolling three-month period ending in August 2026, listing activity and sales picked up even as prices eased. New listings jumped more than 70 percent from a year ago, and homes sold increased by nearly 40 percent, while pending sales roughly doubled over the same span. Buyers are taking longer to commit than they did a few years back, but homes now spend a median of 86 days on the market, which is about one-third faster than a year earlier.
Current conditions strongly favor buyers, with 16.8 months of supply in University Park compared with about 5 months across Los Angeles overall. No recent sales closed above list price, and the average sale-to-list ratio sits below 90 percent, signaling meaningful room for negotiation. With prices down year-over-year locally and more options available than in the broader city, conditions differ depending on your goals, and Agent Pronto can help both buyers and sellers find an agent who understands this specific market.
