English Bulldog Puppies for Sale in Los Angeles, CA

Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April.

In October, the average home price across the six-county region climbed to $860,773 — a 0.01% increase compared to September. However, prices were still down 1.4% compared to October 2024.

Economists and real estate agents say a variety of factors have slowed the market, including high mortgage rates, rising inventory and economic uncertainty stemming from tariffs. The same factors continued in October, but the uptick reflects a slight dip in inventory as more sellers choose to hang on to their homes.

Listings in L.A. County fell 2% month-over-month, and the share of homes with price cuts dropped slightly as well. But there’s still inventory aplenty compared to 2024. In October, there were 19% more homes for sale than there were last year.

Back then, rising mortgage rates were knocking many buyers out of the market. Values started increasing again when the number of homes for sale plunged as sellers backed away, unwilling to give up mortgages they took out earlier in the pandemic with rates of 3% and lower.

Real estate agents say homeowners increasingly want to take the next step in their lives and are deciding to move rather than hold on to their ultra-low mortgage rates. But many first-time buyers, without access to equity, remain locked out.

Add on the economic uncertainty and you get a market that’s noticeably downshifted.

If the Trump administration’s policies end up pushing the economy into a recession, some economists say home prices could drop much further.

For now, Zillow is forecasting that the economy will avoid a recession and home prices will increase over the next year. The real estate firm expects that one year from now, home prices in the Los Angeles-Orange County metro region will be 1.4% higher than they are now, though that number is lower than the estimated national increase of 1.9%.

Explore home prices and rents for September

Use the tables below to search for home sale prices and apartment rental prices by city, neighborhood and county.

Rental prices in Southern California

The median rent across Los Angeles ticked down for the second consecutive month, dipping to $2,206 in October. The downward trend has continued in most markets across Southern California, but the January fires could be upending the downward trend in some locations.

Housing analysts have said that rising vacancy levels since 2022 had forced landlords to accept less in rent. But the fires destroyed thousands of homes, suddenly thrusting many people into the rental market.

Most homes destroyed were single-family houses, and some housing and disaster-recovery experts say they expect the largest rent increases to be in larger units adjacent to burn areas in Pacific Palisades and Altadena, with upward pressure on rents diminishing for units that are smaller and farther away from the disaster zones.

A recent L.A. Times analysis of Zillow data found that in ZIP Codes closest to the fires, rents rose more than in the rest of the county from December to April.

Other data sources show similar trends.

In Santa Monica, which borders the hard-hit Palisades neighborhood, the median rent rose 2% in October from a year earlier, according to data from Apartment List.

Apartment List does not have data for Altadena, but it does for the adjacent city of Pasadena. Rents there rose 1.2% in October from a year earlier.

UCLA, which has been on a campaign to vastly expand student housing around its Westwood campus, is planning a new 19-story tower that 1,150 students can call home.

Housing has long been a challenge for UCLA students, who have had limited options on campus and faced a pricey housing market in Westwood and nearby neighborhoods.

In 2022, UCLA announced that it would become the first and only University of California campus to guarantee housing for four years to first-year students and two years for transfer students. The campus now touts housing as a selling point for students it hopes to attract.

“Residential housing allows us to better ensure that every student gets a good start and is therefore more likely to be successful. So we wanted to give every student an option of having four years,” UCLA’s then-Chancellor Gene Block said in 2022. “That was the dream and it’s finally coming true.”

The latest new housing complex, recently revealed in a draft environmental study, calls for a 19-story student housing building for UCLA undergraduate students at 901 Levering Ave., adjacent to the school campus.

The proposed project would provide up to 1,150 beds within a combination of one-, two-, three and primarily four-bedroom units. The cross-shaped tower designed by Seattle architecture firm Mithun would include common courtyard and terrace areas oriented toward Levering Avenue, the study said. On-site parking for residents and guests would not be provided.

Five existing university-owned apartment buildings with a total of 52 beds would be demolished to make way for the new building. Work could begin as early as next year and be completed by 2030.

The 901 Levering Terrace tower would be the latest in a string of large student housing projects built by UCLA in recent years, including the 10-story Levering Place apartments next door and a 17-story tower across the street, real estate website Urbanize said. The university is working on another apartment building for 500 students on Gayley Avenue, set to be completed next September for $108 million.

UCLA’s physical footprint of 419 acres is the smallest among UC’s nine undergraduate campuses and it sits atop some of the state’s priciest real estate, near Brentwood, Bel-Air and Beverly Hills.

UCLA is also working on converting the former Westside Pavilion shopping center, two miles south of the university at Pico and Westwood boulevards into a research park that will house the California Institute for Immunology and Immunotherapy and the UCLA Center for Quantum Science and Engineering, as well as other science and medicine programs.

The so-called "recovery campaign" is aimed at promoting tourism and supporting small businesses impacted by January's wildfires.

LOS ANGELES, CA — Amid efforts to boost the local economy in the Los Angeles region, officials Monday announced the "LA is Open" initiative, a so-called "recovery campaign" aimed at promoting the tourism industry and supporting small businesses impacted by January's fires.

"L.A. is Open" is intended to signal that Los Angeles is open for business, resilient and ready to welcome visitors from around the world, according to officials.

The initiative is an overarching campaign linking and showcasing other programs with the same goal such as Shop LA, Dine LA and Discover LA.

The campaign is being facilitated by the Los Angeles County Economic Development Corporation in partnership with the county's Department of Economic Opportunity, L.A.'s Economic & Workforce Development Department, as well as the California Community Foundation, among others.

On Monday, Mayor Karen Bass discussed the campaign alongside Dee Dee Myers, a senior adviser to Gov. Gavin Newsom; Kelly LoBianco, director of the county's DEO; and LAEDC President and CEO Stephen Cheung.

"Through this bold new campaign, we are sending a clear message that Los Angeles is open for business and ready to welcome everyone back to LA to explore all that our vibrant city has to offer," Bass said in a statement.

"From neighborhood gems like Olvera Street, Grand Central Market, Little Ethiopia and more to our museums, beaches, parks and beyond — come visit LA and see why our city is second to none," Bass added.

Cheung added the recovery campaign reflects what he described as the "collective determination" for the region to rise stronger than ever after a tumultuous year.

"The campaign is not just about recovery; it's about renewal," Cheung said in a statement. "We are bringing together public and private partners to showcase the resilience, creativity and opportunity take make Los Angeles unlike any place in the world."

Disney is investing millions and enlisting its "Imagineers" to rebuild the wildfire-damaged park.

ALTADENA, CA — The Walt Disney Co. announced Monday it will invest $5 million for the reopening of Altadena's Charles White Park, which was heavily damaged in the Eaton Fire, with the company's "Imagineers" designing a playground and other features "infused with Disney magic."

The funds are part of a $15 million commitment the company has made for fire recovery efforts, according to Disney.

"Los Angeles has been home to The Walt Disney Company since its founding more than a century ago, which is why we felt a special responsibility to help this community rebuild in the aftermath of the devastating wildfires earlier this year," Disney CEO Bob Iger said in a statement. "I'm incredibly proud of our Imagineers who are volunteering their time and talents to help reimagine cherished public spaces like Charles White Park. Their work is not only a testament to Disney's creative spirit, but also to our deep commitment to our neighbors throughout this region. We hope this effort brings comfort, joy, and a sense of renewal to the Altadena community for years to come."

Enhancements at the park will include Disney-designed play areas inspired by Altadena's Deodar Cedar pinecones, a splash pad, bridges, boulders, slides and swings, and an amphitheater. According to Disney, the company's Imagineers have been working with county staff on the playground design, site planning and landscape architecture not only at Charles White Park, but two other Altadena parks that were damaged in the fire.

"Knowing that Disney's Imagineers will pour their time, talent, and compassion into Altadena's recovery is truly inspiring," county Supervisor Kathryn Barger said in a statement. "Their work on Charles White Park and other community spaces is more than restoration. It is a gift of hope, joy, and healing for families who have endured so much this year."

Disney officials said the company will also be supporting Altadena's annual Christmas Tree Lane Lighting Ceremony and Winter Festival on Dec. 6, including appearances by Disney characters. The company will also donate more than 1,000 toys to the community's annual toy drive.

City News Service

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The NWS Los Angeles/Oxnard CA issued an updated report at 4:19 p.m. on Monday for gusty showers until 4:45 p.m. The alert is for Malibu Coast, Los Angeles, Western Santa Monica Mountains Recreational area, Eastern Santa Monica Mountains Recreational area, Calabasas and Agoura Hills, Western San Fernando Valley and Southeastern Ventura County Valleys.

Residents may experience wind gusts of up to 40 mph.

"At 4:19 p.m., Doppler radar tracked gusty showers along a line extending from near Agoura Hills to 6 miles southeast of Point Dume. Movement was northeast at 25 mph," according to the NWS. "Gusty winds could knock down tree limbs and blow around unsecured objects."

Locations impacted by the alert include Encino, Woodland Hills, Malibu, Agoura Hills, Santa Monica, Northridge, Chatsworth, Van Nuys, Calabasas, Interstate 405 through the Sepulveda Pass, Pacific Palisades, Topanga State Park, Brentwood, Canoga Park, Malibu Creek State Park, Point Dume, Granada Hills, Bel Air, Porter Ranch and Sylmar.

The NWS states, "If outdoors, consider seeking shelter inside a building. Torrential rainfall is also occurring with these storms and may lead to localized flooding. Do not drive your vehicle through flooded roadways."

This alert is in effect until 4:45 p.m.

What is hydroplaning?

Hydroplaning happens when a vehicle starts sliding uncontrollably on wet roads.

This happens when water in front of the tire builds up faster than the vehicle's weight can push water out of the way. The water pressure then causes the vehicle to rise and slide on a thin layer of water between the tires and the road, making the driver lose control. The three main causes of hydroplaning are:

In the event of your vehicle hydroplaning, here's what to know:

Source: The National Weather Service