Southern California Real Estate 2025: A Buyer’s Market Takes Shape in Ventura and Los Angeles Counties

Southern California Real Estate 2025: A Buyer’s Market Takes Shape in Ventura and Los Angeles Counties

As of July 1st, 2025, Southern California real estate heads into the beginning of the new fiscal year for 2025 (it is half over), the Real Estate market in Ventura and Los Angeles Counties is undergoing a significant shift, transitioning from a seller-driven frenzy to a more balanced, buyer-friendly environment. Communities like Thousand Oaks, Westlake Village, Newbury Park, Simi Valley, Oak Park, and Agoura Hills are at the forefront of this change, offering opportunities for Buyers, sellers, and investors alike. With rising inventory, moderating price growth, and high mortgage rates reshaping strategies, understanding these trends is crucial for success. In this blog post, we’ll explore the latest market dynamics across Ventura and Los Angeles Counties and highlight why Shoket Properties Real Estate Services is the trusted brokerage to guide you through this evolving landscape with superior service and expertise.  

A Market in Transition: Key Trends Shaping 2025

The Southern California housing market is cooling slightly, with Ventura and Los Angeles Counties reflecting broader regional shifts. According to the Los Angeles Times, the average home price across the six-county Southern California region dipped 0.2% year-over-year to $876,044 in May 2025, marking the first annual decline since July 2023. This slowdown, driven by mortgage rates averaging 6.85% for a 30-year fixed loan in June 2025, per Norada Real Estate, and a surge in inventory, signals a buyer’s market emerging across areas like Thousand Oaks, Westlake Village, and Simi Valley. Inventory levels have climbed significantly, with Amalfiestates.com reporting a 48.10% year-over-year increase in active listings in Los Angeles County and a 41.58% rise in Ventura County as of February 2025. Months of supply inventory (MSI) now stand at 4.1 months in Los Angeles County and 4.9 months in Ventura County, surpassing the three-month threshold for a balanced market. This gives Buyers more negotiating power, particularly in family-friendly neighborhoods like Newbury Park and Oak Park. Median home prices, while still robust, show moderated growth, with Los Angeles County at $852,190 (up 4.29% year-over-year) and Ventura County at $820,000 (up 1.2%), according to CoreLogic. High mortgage rates continue to challenge affordability, but Norada Real Estate predicts stabilization around 6-7% through 2025, potentially spurring more buyer activity. Meanwhile, the “lock-in effect” persists, as homeowners with low-rate mortgages from the pandemic era hesitate to sell, constraining inventory in some segments. Zillow forecasts a modest 1.1% price decline in the Los Angeles-Orange County metro by May 2026, suggesting a stable yet cautious outlook for areas like Agoura Hills and Westlake Village.  

Opportunities for Buyers and Sellers

For Buyers, the increased inventory across Ventura and Los Angeles Counties offers more choices and leverage. Homes are staying on the market longer—up 42.86% in Los Angeles County, per Amalfiestates.com—allowing Buyers to negotiate prices, especially in competitive areas like Thousand Oaks and Simi Valley. In Ventura County, median sale prices are often 10% below listing prices (e.g., $909,000 listed vs. $820,000 sold), providing opportunities for deals in family-oriented communities like Newbury Park. Sellers, however, must adapt to this shifting dynamic. Overpricing can lead to extended market times, as Buyers are less likely to bid aggressively. Norada Real Estate emphasizes the importance of realistic pricing and professional marketing to stand out in a market with growing inventory. In upscale areas like Westlake Village or suburban gems like Oak Park, strategic staging and pricing are key to attracting Buyers.  

Looking Ahead: Seizing Opportunities in 2025

As Ventura and Los Angeles Counties shift toward a Buyer’s market in 2025, opportunities abound for those ready to act. Rising inventory and moderating prices create openings for Buyers, while sellers can succeed with competitive pricing and expert support. Economic factors, such as potential tariffs or recession risks noted by Zillow, underscore the need for informed decision-making. With mortgage rates expected to stabilize and inventory continuing to grow, now is the time to explore the market in Thousand Oaks, Westlake Village, Newbury Park, Simi Valley, Oak Park, and Agoura Hills. Partnering with Shoket Properties to capitalize on these trends. Their expertise ensures you’ll navigate this dynamic market with confidence, whether buying your dream home or selling for top value. Contact Shoket Properties Real Estate Services today to start your Real Estate journey in Ventura and Los Angeles Counties. (805) 796-6482  

Why Partner with Shoket Properties Real Estate Services?

Navigating this evolving market requires a trusted partner, and Shoket Properties Real Estate Services delivers unmatched expertise and dedication. Serving Ventura and Los Angeles Counties, including Thousand Oaks, Westlake Village, Newbury Park, Simi Valley, Oak Park, and Agoura Hills, Shoket Properties is renowned for its client-first approach and commitment to superior service. Whether you’re a first-time buyer seeking an affordable home in Simi Valley or a seller aiming to maximize value in Westlake Village, their team provides personalized guidance, detailed market analysis, and strategic solutions to ensure every transaction exceeds expectations. With deep local knowledge and a focus on quality, Shoket Properties makes your Real Estate journey seamless and successful.  

Note: Data is accurate as of June 30, 2025, based on available sources. Consult a professional to verify market trends before making decisions.

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