Ten of the 48 Los Angeles condos on page one of our for-sale board carry a price-drop badge as of August 5, 2026. Their median asking price is $733,500 and their median rate is $628 per square foot — both below the citywide medians of $875,000 and $689 per square foot on /market-stats.
The repriced group flipped below the city's midpoint
Eight days ago the pattern was the opposite. Our digest at /blog/la-condo-price-cut-digest-end-of-july-2026 found ten repriced listings with a median ask of $1,022,000 and a median $745 per square foot, both above the citywide figures of that day. Today's ten sit under the city's midpoint on both measures — $733,500 against $875,000, and $628 per square foot against $689.
Read that as a change in which sellers are negotiating this week, not as a change in the market. The citywide report is close to flat between the two snapshots: the median sale price moved from $878,000 to $875,000, the median rate from $688 to $689 per square foot, months of supply from 9.2 to 8.8, and median days on market from 47 to 46. The year-over-year price change is −0.5 percent as of August 5, 2026.
Nine of the ten are new to page one's badge list
Only one listing appears on both digests. The other nine were not carrying a badge on page one of /condos-for-sale eight days ago.
That needs stating carefully. Page one renders 48 of 1,943 active listings and reorders daily, so a listing that dropped off this list has not necessarily sold, been withdrawn, or raised its price — it may simply sit on a later page today. The same caution runs the other way: a listing new to this list may have been reduced well before it surfaced on page one.
One unit has now been cut twice
3061 W 12th Place #308 is the single carry-over. Our July 28 digest recorded it at $588,000; today the card renders $575,000 for the same 980 square-foot two-bedroom — a $13,000 difference between two of our own dated snapshots.
Our board renders the current asking price only, never the price history, so this is the one unit in today's set where we can show a second reduction, and only because we wrote the earlier figure down. Anything more than that comes from the listing agent or from a licensed partner agent with full MLS access.
A single $9.3 million listing splits the mean from the median
The dearest listing on today's badge list is 10727 Wilshire Boulevard #2002, a 3,250 square-foot three-bedroom asking $9,298,000, or $2,861 per square foot. It sits on the Wilshire Corridor in the 90024 ZIP covered by /neighborhoods/westwood, and it asks roughly six times the next-highest price on the list.
It also distorts every average built from this group. The mean asking price across the ten is $1,716,600, more than double the $733,500 median. Strip that one listing out and the remaining nine average $874,222 — within a thousand dollars of the citywide median sale price. On a ten-item list the median is the number worth reading and the mean is the number worth ignoring.
Where today's cuts sit
Four of the ten carry a Los Angeles city label. Two are in /neighborhoods/santa-monica: 650 Pacific Street #8, a 1,490 square-foot two-bedroom at $1,449,000, and 1244 14th Street #D at $1,649,000. The remainder are one apiece — a 1,133 square-foot one-bedroom in /neighborhoods/beverly-hills at $679,000, 1250 N Harper Avenue #414 in /neighborhoods/west-hollywood at $788,000, 16040 W Sunset Boulevard #308 in Pacific Palisades at $1,195,000, and 5900 Canterbury Drive #B217 in Culver City at $519,000.
Per-square-foot rates across the ten run from $479 at 4705 Kester Avenue #116 to $2,861 on the Wilshire Corridor. The lowest ask on the list is $489,000, for an 885 square-foot two-bedroom at 7135 Woodlake Avenue #D.
Questions LA buyers ask about condo price reductions
How many LA condos have cut their price right now?
Ten of the 48 condos rendered on page one of our Los Angeles for-sale board carry a price-drop badge as of August 5, 2026. That is a page-one count on a single day out of 1,943 active listings, so treat it as a sample rather than a citywide total.
Are LA condo price cuts a sign the market is falling?
Not on these numbers. The citywide report shows a median sale price of $875,000, 8.8 months of supply, a median 46 days on market and a year-over-year change of −0.5 percent as of August 5, 2026 — a flat market with ample inventory, which is exactly the condition in which reductions accumulate.
What do repriced LA condos ask per square foot?
Across today's ten the rates run from $479 to $2,861 per square foot, with a median of $628. The citywide median is $689 per square foot, so this week's repriced group prices below the market's midpoint.
Can I see how large the reduction was?
Not from the listing card. Our board renders the current asking price and not the previous one, so the badge confirms that a reduction happened without showing its size. Price history comes from the listing agent or from a licensed partner agent with full MLS access.
Does a listing leaving the price-drop list mean it sold?
No. Page one shows 48 of 1,943 active listings and reorders daily, so a listing can leave this list simply by moving to a later page.
What to verify before you treat a cut as an opening
Ask why the unit sat. Pull the homeowners association's dues, its reserve position, and any assessment that has been levied or discussed, because a pending assessment explains a large share of reductions. Ask how long the listing has been active, and whether the reduction followed a deal that fell through.
Then compare the unit against currently active homes in the same building rather than against a citywide median, and read the wider trend on /market-reports. Every figure in this post is a snapshot taken August 5, 2026; listings are added, repriced and removed daily.
When you want the price history and the closed comparables behind a specific unit, we will introduce you to a licensed partner agent who can pull them.
Written by
LA Condo HQ
Los Angeles Condo Specialists
LA Condo HQ is a Los Angeles condo platform — in-depth profiles for the condo buildings we track across Los Angeles, live MLS listings for sale and rent, transparent market data refreshed hourly, and honest, pressure-free guidance for buyers, sellers and investors across Southern California.
