Mar Vista Market Update: A Tale of Two Markets (December 2025)

Welcome to your December 2025 Real Estate Market Update for Mar Vista, Los Angeles. If you have been keeping an eye on the 90066 zip code, you might be noticing a fascinating divergence. Right now, Mar Vista is telling two different stories depending on whether you are looking at single-family homes or condos.

For homeowners and prospective buyers, understanding these nuances is critical to forming the right strategy as we close out the year.

Single-Family Homes: The Heat Is Still On

The market for single-family homes in Mar Vista remains a robust Seller’s Market. Despite the holiday season approaching, demand is outpacing supply, keeping pressure on prices and competition high.

Here is a look at the numbers driving the SFR market:

• Median Sold Price: The median price has climbed to $2,587,500, reflecting a 3.5% increase month-over-month.
• Competition is Fierce: On average, homes are selling for 102.3% of their list price. This indicates that multiple offers and bidding over the asking price remain the norm for desirable properties.
• Fast Moving: The median time a home spends on the RPR market is just 17 days. If you see a home you love, waiting is not an option.

If you want to dive deeper into these trends, you can review the Full Mar Vista SFR Market Report here.

Condos & Townhomes: A Balanced Opportunity

In contrast to the single-family sector, the condo and townhome market in Mar Vista is currently a Balanced Market. This shift offers a distinct window of opportunity for buyers who are priced out of single-family homes or investors looking for value.

Key stats for the Condo/Townhome sector:

• Inventory Levels: We are seeing 3.5 months of inventory, which signals a much healthier supply compared to the tight SFR market.
• Negotiation Power: Unlike SFRs, condos are selling for 96.3% of the list price on average. This suggests buyers have room to negotiate terms and pricing.
• Median Sold Price: While the median sold price hit $1,085,000 last month, the market dynamics (balanced inventory) favor a more methodical search process compared to the frenzied SFR sector.

For a comprehensive breakdown of the condo vs. single-family data, here’s the link to the Full CONDO’s Mar Vista Market Report is available for review or download.

What This Means for You

If you are selling a single-family home, the data suggests you are still in the driver’s seat, provided your home is prepped and priced correctly to trigger that 102% list-price competition.

However, if you are buying a condo, you currently have more leverage than we have seen in previous months. With properties sitting on the market a bit longer (median 22 days), you have time to perform due diligence and negotiate a deal that works for you.

Closing Thoughts

Whether you are capitalizing on equity in a seller’s market or looking for your entry point in a balanced one, success in Mar Vista right now comes down to specific, hyper-local strategy.

Navigating a market with this much nuance requires a tailored approach. If you’re considering a move in Mar Vista—or anywhere on the Westside of Los Angeles—and want to understand how to leverage these numbers for your specific home or search, I’m always happy to walk through the data with you and talk strategy.

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

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