Los Angeles luxury price drops
The Westside is where the tape is thickest.
Los Angeles had 1,762 cuts on August 25, averaging −7.6 percent — $867.73 million off published asks across 47 areas. That is the steepest average of the three US cities, and the Westside is where that tape is thickest.
Malibu led the named areas we counted on August 25, then Beverly Hills and Sherman Oaks. A Westside cut is still a list-price event. It is not a sold comparable, and it is not a citywide index.
This is the write-up of the August 25 freeze. The live Los Angeles listings are a different page. The Los Angeles market-data dashboard is the live tape.
The August 25 tape
| August 25 | |
|---|---|
| Active drops | 1,762 |
| Average drop | −7.6% |
| Value wiped | $867.73M |
| Areas | 47 |
| Drop tier | Listings |
|---|---|
| Under 5% | 668 |
| 5–9% | 647 |
| 10–19% | 381 |
| 20–39% | 56 |
| 40%+ | 10 |
Where the tape is
| Area | Drops |
|---|---|
| Los Angeles | 501 |
| Malibu | 120 |
| Beverly Hills | 106 |
| Sherman Oaks | 100 |
| Encino | 90 |
| Santa Monica | 88 |
| Pasadena | 79 |
| West Hollywood | 60 |
| Rancho Palos Verdes | 59 |
| Calabasas | 58 |
As of August 25, 2026.
US figures are Zillow buy. All dollars. Luxury Price Drops is not a brokerage. Four-city report.