Palms Real Estate Market Update: December 2025 Trends

Is Palms, Los Angeles currently a Buyer’s or Seller’s market? If you have been watching the 90034 zip code, the data for December 2025 is clear: Palms remains a robust Seller’s Market for both single-family homes and condos.

Inventory is tightening across the board, driving competitive conditions. Whether you are looking to purchase a classic Spanish-style home or an entry-level condo near downtown Culver City, understanding these divergent trends is critical. Here is a breakdown of what is happening in the Palms real estate market right now.

Single-Family Homes: Steady Value & Rising List Prices

The market for single-family residences (SFR) in Palms is showing strength. The Median Estimated Property Value holds steady at roughly $1.52 million, reflecting a slight year-over-year increase. However, the real story is in the listing activity.

• List Prices Are Up: The median list price jumped 8.2% month-over-month to nearly $1.6 million.
• Inventory Is Tight: We are seeing a 3.36-month supply of inventory, which dropped nearly 11% from last month. This indicates that homes are being absorbed faster than they are coming to market.
• Activity Snapshot: There were 11 active listings and 10 new listings entering the market recently, keeping buyers active but options limited.

For sellers, this indicates that well-priced homes are still commanding attention. For buyers, [link: view the full Palms market report here] to see how these inventory levels might impact your negotiation leverage.

The Condo Market: A Hidden Opportunity?

The condo and townhouse segment in Palms tells a slightly different story, offering a potentially accessible entry point for Westside buyers. While the Median Estimated Value for condos sits at $723,270 , the median list price for active units in November was significantly lower at $475,000.

Why the discrepancy? It likely points to a mix of smaller units or specific inventory types hitting the market, rather than a drop in overall property values—in fact, estimated condo values actually ticked up 0.3% month-over-month.

• Fast-Moving Market: The condo market is tighter than SFRs, with only a 2.48-month supply of inventory.
• Pending Sales Strength: Interestingly, properties that went pending had a much higher median list price of roughly $654,500, suggesting that the more premium or larger units are selling quickly.
• Sales Volume: There were 8 closed sales recently, proving that demand is alive and well.

If you are curious about which complexes are selling fastest, click here to access the detailed condo report.

What This Means for You

For Sellers: The “Seller’s Market” designation is your green light. With inventory shrinking in both categories, competition for desirable homes is built-in. For Buyers: The dip in active condo list prices might offer a window of affordability, but be prepared to move fast, as the low months’ supply means good units don’t sit for long.

Summary of Key Data (December 2025)

• SFR Median Estimated Value: $1,522,410
• Condo Median Estimated Value: $723,270
• SFR Inventory: 3.36 Months (Down 10.9%)
• Condo Inventory: 2.48 Months (Down 19.7%)

For a deeper dive into these numbers, including specific sold listings and price-per-square-foot trends, download the full SFR December 2025 Palms Market Report.

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Let’s Connect

Thinking about buying or selling in Palms? With inventory tightening and specific opportunities emerging in the condo market, timing is everything. If you’re considering a move in Palms—or anywhere on the Westside of Los Angeles—and want to understand how these numbers apply to your specific home or search, I’m always happy to walk through the data with you and talk strategy.

Melissa Menard REALTOR® | Compass
Palms & 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 reporting (data through November 2025) from Realtors Property Resource® (RPR) for the Palms neighborhood in Los Angeles and are considered reliable but not guaranteed.”