Los Angeles condo prices are up 0.1 percent year over year as of August 7, 2026 — the first positive reading in our own dated snapshots, after −0.5 percent on August 5 and −0.2 percent on August 6. The live report at /market-stats shows a $880K median, $689 per square foot and 1,960 active condo listings.
Three readings in three days, and a sign change
Our report renders a year-over-year price change next to the median, and we have now quoted that field on three consecutive days in our own posts, which makes the movement checkable rather than remembered.
On August 5 the digest at /blog/la-condo-price-cut-digest-early-august-2026 recorded −0.5 percent against a $875,000 median. On August 6 the guide at /blog/la-condo-pet-rules-hoa-one-pet-minimum recorded −0.2 percent against $878,000. Today the same field renders +0.1 percent, and the median renders as $880K. Three consecutive readings, each one higher than the last, ending on the other side of zero.
Why a 0.6-point swing is not a trend
The number crossed zero. It did not climb, and the distinction matters more than the sign does.
Start with resolution. The field is rounded to a single decimal, so the entire journey from −0.5 to +0.1 is 0.6 percentage points — a distance that a rounded metric can travel without much happening underneath it. A year-over-year comparison also has two ends, and the trailing end moves as last summer's closings roll out of the window. A reading can turn positive because this year rose, because last year's comparison period fell away, or because the mix of what closed shifted toward more expensive stock. Our report renders the result, not the decomposition.
Then there is the sample. Three days is not a series. A metric that moves 0.3 points in a day is telling you about its own noise floor, and the honest thing to do with a three-point line is refuse to extend it.
What the reading does support is narrower and still useful: as of August 7, 2026, the citywide median is no longer measurably below where it stood a year earlier. That is a different sentence from "prices are rising," and it is the one the data will actually carry.
The rest of the report barely moved
The supporting figures are the reason to be cautious, because they are nearly static across the same three days.
Median price per square foot has rendered $689 on all three readings. Months of supply has rendered 8.8 on all three. Median days on market went 46, then 45, then 44. Active condo listings went 1,943, then 1,945, then 1,960. Nothing in that set corroborates a turn; it describes a market holding still while a rounded ratio drifted across zero.
Nine months of supply is the figure a buyer should weigh more heavily than the sign on the year-over-year line. It describes ample choice and unhurried timelines, and it has not moved at all this week.
Page one flipped from ten price cuts to one
One live surface did change sharply. Exactly one of the 48 condos rendered on page one of /condos-for-sale carries a price-drop badge today: 655 S Hope Street #1603, a 530-square-foot one-bedroom asking $339,900, or $641 per square foot. Two days ago our digest counted ten badges on the same page.
Read that carefully before it becomes a story. Page one renders 48 of 1,960 active listings and reorders daily, so a badge leaving the page does not mean a reduction was withdrawn or a unit sold — it usually means the listing is now on a later page. This is a sample that turned over, not a citywide count that fell.
The other side of the same page is busier: 34 of today's 48 cards carry a New badge. Whatever else is true this week, fresh inventory is arriving faster than repricing is showing up on the first screen a buyer sees.
Where the inventory actually sits
The per-neighborhood table on the same report is explicitly labeled estimated figures rather than live MLS data, and it is worth reading with that label attached. Its for-sale counts are research estimates on a different basis from the live 1,960, which is why they do not sum to it.
On those estimates, /neighborhoods/downtown-la carries the deepest supply at about 2,450 with a $645,000 median and $590 per square foot, and /neighborhoods/koreatown sits near 720 at $640,000 and $645 per foot. /neighborhoods/westwood is a step up at roughly 1,200, a $935,000 median and $775 per foot, while /neighborhoods/beverly-hills is the thin, expensive end at about 160 listings, a $1.85 million median and $1,450 per foot. The table covers 14 neighborhoods, and the 286 buildings we profile each carry their own page at /buildings.
Questions LA buyers ask about the year-over-year number
Are Los Angeles condo prices going up in 2026?
Our live report renders a year-over-year price change of +0.1 percent as of August 7, 2026, with a median of $880K and $689 per square foot. That is the first positive reading in our own dated snapshots, but at 0.1 percent on a rounded field it means prices are roughly flat against a year ago, not rising.
How much did the year-over-year reading move this week?
From −0.5 percent on August 5 to −0.2 percent on August 6 to +0.1 percent on August 7, 2026 — a total of 0.6 percentage points across three days. Each figure is quoted from the same field on /market-stats on the day it was read.
Does a positive year-over-year number mean my unit gained value?
No. A citywide median reflects the mix of what closed, so it moves when the composition of sales shifts even if no individual home changes value. Building-level comparable sales and neighborhood direction are where a specific unit's value is decided.
Why did the number of price cuts drop from ten to one?
Because the sample turned over, not necessarily because reductions disappeared. Both counts are page-one readings of 48 cards out of roughly 1,950 active listings, and page one reorders daily, so a listing that no longer shows a badge here has most likely just moved to a later page.
What figures should a buyer actually watch?
Months of supply and days on market, which describe your negotiating position directly. Both have been steady this week at 8.8 months and 44 to 46 days as of August 7, 2026. A rounded year-over-year percentage is the least actionable number on the page.
What we would actually do with this reading
Nothing differently. A sign change on a rounded metric is not a reason to accelerate a purchase, and 8.8 months of supply with 44 days on market is not a market that punishes patience. If you were planning to make an offer this month, make it on the building's own comparable sales; if you were waiting, this week gave you no new reason to stop.
Read the live numbers yourself rather than trusting this snapshot after today — the report at /market-stats updates, and every figure above is dated August 7, 2026 for that reason. We publish the research and the directory; when you want a specific unit priced against real comparable sales, we 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.
