Hancock Park Real Estate Market Trends: December 2025 Analysis

If you are following real estate in Los Angeles, you likely know that Hancock Park operates with its own unique rhythm. As we close out the year, the data for December 2025 reveals a fascinating “tale of two markets.” While single-family homes remain highly competitive with buyers paying premiums, the condo market is offering significantly more inventory and leverage for purchasers.

Whether you are looking to sell a historic estate or buy a luxury pied-à-terre, understanding these distinct trend lines is essential for your strategy.

Single-Family Homes: A Competitive Balance

The market for Single Family Residences (SFR) in Hancock Park is currently classified as a Balanced Market, though it leans toward sellers in terms of negotiation power. Despite a cooling in median estimated value over the last year, the demand for high-quality inventory remains robust.

Pricing Pressure and Market Velocity

One of the most telling statistics this month is the “Sold to List Price” percentage. Currently, single-family homes in Hancock Park are selling for 103.1% of their listing price. This indicates that multiple offers and bidding wars are still prevalent for the right properties. Furthermore, homes are moving quickly, with the median days on market (RPR) sitting at just 39 days.

• Median List Price: $6,747,000
• Median Sold Price: $3,630,000
• Inventory Levels: 4.96 Months of Inventory

View the full Hancock Park Market Reports here: Single Family Homes.

The Condo Market: A Window of Opportunity

In sharp contrast to the single-family sector, the condo and townhouse market in Hancock Park has shifted into a Buyer’s Market. This sector has seen a significant increase in supply, giving buyers more choices and stronger negotiating power.

Inventory Shifts

The most dramatic shift in the data is the rise in inventory. The months of supply for condos has jumped to 6 months, representing a substantial 209.3% increase over the last 12 months. Consequently, sellers are becoming more realistic; the average condo is selling for 95.44% of the list price.

• Median List Price: $1,015,000
• Median Estimated Value: $940,840
• Median Days on Market: 36 days

If you have been waiting for more options or better pricing in the condo market, now may be the opportune time to start your search. Read the full Hancock Park Condo Market Activity Report Here.

What This Means for You

For sellers of single-family homes, the appetite for Hancock Park living remains high, and pricing your home correctly can yield results over the asking price. For condo buyers, the surge in inventory provides a rare chance to be selective and negotiate favorable terms.

Real estate decisions are personal, and data is just one piece of the puzzle. If you are curious about how these market shifts in Hancock Park might impact your long-term goals, let’s connect. I am here to help you navigate the numbers and find the best path forward for your unique situation.

Melissa Menard REALTOR® | Compass
Hancock Park & Surrounding Areas Los Angeles
📞 310.729.9726 | DRE# 01858710
📧 melissa@melissamenardhomes.com
🌐 www.MelissaMenardHomes.com

Market Data Disclaimer: All statistics referenced are based on December 2025 data from Realtors Property Resource® (RPR) for the Hancock Park neighborhood in Los Angeles and are considered reliable but not guaranteed.