May 28, 2025 Breaking News, Latest News, and Videos

Prices Spike in Brentwood, West Hollywood, and Santa Monica Amid Post-Fire Housing Rush

Displaced Families Are Reshaping Los Angeles’ Housing Market on the Westside

Home sales and prices across Los Angeles surged in the first quarter of 2025 as thousands of residents displaced by January’s devastating wildfires scrambled to find new housing, according to a report released Thursday by Douglas Elliman.

Fueled by the Pacific Palisades and Eaton fires, which destroyed homes and forced roughly 13,000 families to relocate, real estate activity soared in many neighborhoods, especially those bordering the fire zones. Total home sales across the city’s Westside climbed 25.2% year-over-year, while sales in the luxury segment, representing the top 10% of the market, jumped 28.9%.

Some of the most dramatic spikes were seen in areas adjacent to the burn zones. Santa Monica and Venice saw single-family home sales more than double, while West Hollywood and Century City reported gains exceeding 80%.

Despite the intense demand, the supply of homes rose as well. Inventory increased 47.7% citywide as more homeowners and developers rushed to take advantage of rising prices.

Those prices didn’t disappoint: The median sales price in the Westside region climbed 7.7% to nearly $2 million. Condominiums saw the steepest increase, up 12.4% to a record-high median of $1.18 million. Luxury condos rose 26% to a median of $3.9 million, bolstered by the delivery of high-end new developments selling for as much as $4.7 million.

Brentwood led the city in price acceleration, with the median price of a single-family home reaching $5.1 million, an increase of nearly 47%.

Although some of the market’s momentum is expected to taper as the wildfire crisis stabilizes, experts say L.A.’s Westside remains highly competitive, especially in areas with newer construction and walkable amenities.

<>Related Posts

Volunteer Event to Restore Hillside and Clear Debris in Palisades

May 27, 2025

May 27, 2025

Organized by local nonprofit Palisades Beautiful, the event will take place near the intersection of Marquez Avenue and Bollinger Drive...

Ben Affleck’s Daughter Recounts Harrowing Experience During Wildfire, Draws Parallels to COVID Response

May 27, 2025

May 27, 2025

Affleck, a Yale undergraduate and vocal public health advocate, recalls evacuating to a hotel with her family as flames tore...

Former Irvine City Manager Tapped as New One For Santa Monica

May 27, 2025

May 27, 2025

Oliver Chi to take over July 14, pending council approval The Santa Monica City Council announced Friday the selection of...

Malibu Launches 24/7 Armed Patrols to Protect Fire-Damaged Neighborhoods as PCH Reopens

May 26, 2025

May 26, 2025

City Partners With Private Firm Covered 6 and Law Enforcement Ramps Up Presence In anticipation of the reopening of Pacific...

Santa Monica-Malibu Unified School District Mourns the Loss of Beloved Groundskeeper Abel Orozco

May 26, 2025

May 26, 2025

Dedicated SAMOHI Employee, Orozco Leaves Behind a Legacy of Care The Santa Monica-Malibu Unified School District (SMMUSD) issued a statement...

Over 100,000 Pounds of Illegal Fireworks Seized in Los Angeles County Before July 4th

May 26, 2025

May 26, 2025

Cal Fire, ATF Uncover Massive Stockpile, Urge Residents to Report Incidents More than 100,000 pounds of illegal fireworks were confiscated...

Resilient Palisades Named Nonprofit of the Year by Sen. Ben Allen

May 23, 2025

May 23, 2025

Volunteer-led group honored for climate resilience work and wildfire recovery efforts Resilient Palisades, a grassroots environmental organization based in Pacific...

Governor Announces Early Reopening of Pacific Coast Highway After Wildfire Closures

May 22, 2025

May 22, 2025

Major Stretch of PCH Reopens May 23 After Months of Wildfire-Related Closures Governor Gavin Newsom announced Wednesday that State Route...

Film Review: Final Destination: Bloodlines

May 22, 2025

May 22, 2025

FILM REVIEWFINAL DESTINATION: BLOODLINESRated R110 MinutesReleased May 16th  This is the sixth entry in the Final Destination movie franchise that...

Bay Cities Deli Temporarily Closed After Health Violations

May 22, 2025

May 22, 2025

Eleven violation points were attributed to the presence of rodents and insects Bay Cities Italian Deli & Bakery, a popular...

Man Arrested in Stabbing Near Santa Monica Pier

May 22, 2025

May 22, 2025

Victim hospitalized with non-life-threatening injuries following altercation A man was arrested after allegedly stabbing another man during an altercation near...

Exclusive Interview with Cardinale du Vin’s New Chef-in-Residence Paul Chuanchaisit

May 22, 2025

May 22, 2025

The Westside Wine Bar Expands Its Culinary Horizons With a Bold New Menu By Dolores Quintana Cardinale du Vin is...

Palisades Bakery Aids Displaced Residents with Deliveries, Cookbook Donations After Fire

May 21, 2025

May 21, 2025

The bakery’s relief effort is aimed at ensuring that displaced residents continue to have access to familiar foods during recovery...

Memorial Day Weekend in L.A.: Rosé, Beach BBQs, and Brunches Ring in the Summer

May 21, 2025

May 21, 2025

The Westside Is Packed With Culinary Events, Pop-Ups, and Parties This Weekend Angelenos looking to kick off the summer season...

Summer at Annenberg Beach House to Include Sunset Picnics, Yoga Classes and the Annual Cardboard Yacht Regatta

May 21, 2025

May 21, 2025

The Beach House, located on the former Marion Davies estate, remains free and open to the public The Annenberg Community...