Ten of the 48 Los Angeles condos on page one of our for-sale board carry a price-drop badge as of July 28, 2026 — about one in five. Their median asking price is $1,022,000 and their median rate is $745 per square foot, both above the citywide median sale price of $878,000 and $688 per square foot reported on /market-stats.
One in five listings on page one has been repriced
Our for-sale board flags a listing with a price-drop badge when its asking price has come down. Today 10 of the 48 condos rendered on page one of /condos-for-sale carry that badge. The ten span from $394,000 for a 735 square-foot one-bedroom at 100 S Alameda Street to $3,095,000 for a 2,000 square-foot three-bedroom at 1755 Ocean Avenue in Santa Monica.
One thing the badge does not show is the size of the reduction. Our card renders the current asking price only, not the prior one, so everything below describes where these listings stand today — not how far they have travelled. Listings also move daily, so treat this as a dated snapshot taken July 28, 2026.
The repriced group sits above the city's midpoint
This is the finding worth carrying away. The median asking price across the ten repriced listings is $1,022,000, and their median rate is $745 per square foot. The live citywide report on /market-stats puts the median Los Angeles condo sale price at $878,000 and $688 per square foot, with 1,976 active listings, 9.2 months of supply and a median 47 days on market, as of July 28, 2026.
So the sellers doing the negotiating today are concentrated in the upper half of the market, not the entry tier. One caveat keeps that honest: $1,022,000 is a median of asking prices on ten listings, while $878,000 is a median of closed sales citywide. Those are different measures on different samples, so the comparison is directional rather than like-for-like.
A $505-to-$1,548 spread inside ten listings
Per-square-foot rates across the ten run from $505 to $1,548 — roughly a threefold spread inside a single short list. The floor is 1840 Veteran Avenue #106, a 1,881 square-foot two-bedroom asking $949,000. The ceiling is that Ocean Avenue three-bedroom at $1,548 per square foot.
Both are large units, which is the useful part. Size is not what sets the rate here; location is. The 1,881 square-foot unit is the biggest home on the repriced list and the cheapest per foot on it, while the 2,000 square-foot unit a block from the sand is the dearest. Anyone using per-foot rates to compare listings across the basin should compare within a neighborhood, not across one.
Where the ten repriced units sit
Six of the ten carry a Los Angeles city label, two are in Santa Monica, one is in West Hollywood and one is in Pacific Palisades. Santa Monica is over-represented among the cuts: it accounts for 7 of the 48 listings on page one but 2 of the 10 repriced ones.
The individual asks, as rendered today: $394,000 at 100 S Alameda Street #120; $469,500 at 5832 Bowcroft #4; $588,000 at 3061 W 12th Place #308; $875,000 at 1010 Hammond Street #306 in /neighborhoods/west-hollywood; $949,000 at 1840 Veteran Avenue #106; $1,095,000 at 907 12th Street #4 in /neighborhoods/santa-monica; $1,150,000 at 17350 W Sunset Boulevard #506C; $1,265,000 at 1431 Camden Avenue #303; $1,590,000 at 1345 Havenhurst Drive #15; and $3,095,000 at 1755 Ocean Avenue #303.
An asking-price cut is not a falling market
A reduction tells you about one seller's expectations, not about the value of a neighborhood. Listings get repriced because they launched high, because a seller has a deadline, or because the unit has a drawback the original price ignored.
The citywide numbers behind these listings are stable rather than sliding: 47 days on market and a year-over-year price change of −0.2 percent, per /market-stats. A market with 9.2 months of supply gives buyers room to negotiate, which is exactly the condition in which price-drop badges accumulate.
Questions buyers ask about repriced LA condo listings
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 July 28, 2026, or about one in five. That count reflects page one on a single day and changes as listings are added, repriced and removed.
Does a price-drop badge mean the LA condo market is falling?
No. It reflects one seller lowering an asking price. The citywide report shows a median sale price of $878,000, a median 47 days on market and a year-over-year change of −0.2 percent as of July 28, 2026 — a flat market with ample supply, not a declining one.
How much do repriced LA condos cost per square foot?
Across today's ten, rates run from $505 to $1,548 per square foot, with a median of $745. The citywide median is $688 per square foot, so the repriced group prices above the market's midpoint.
Which areas account for today's price cuts?
Six of the ten repriced listings carry a Los Angeles city label, two are in Santa Monica, one is in West Hollywood and one is in Pacific Palisades. Santa Monica is over-represented relative to its share of page one.
Can you see how much the price was cut by?
Not from the listing card. Our board renders the current asking price, not the previous one, so the badge tells you a reduction happened without telling you its size. Price history has to come from the listing agent or a licensed partner agent with full MLS access.
How to check a price-drop listing before you tour
Start with why the unit sat. Pull the homeowners association's dues, its reserve position and any assessment that has been voted or discussed, since a pending assessment explains a lot of reductions. Ask how long the listing has been active and whether the reduction followed an offer that fell through. Then compare it against currently active units in the same building or block on /condos-for-sale rather than against the citywide median, and read the wider picture on /market-reports.
When you want the full 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.
