Los Angeles luxury price drops
The Westside is where the tape is thickest.
Los Angeles had 3,061 cuts on October 5, averaging −8.0 percent — $1.15 billion off published asks across 57 areas. That is the steepest average of the three US cities, and the Westside is where that tape is thickest.
Malibu led the named areas we counted on October 5 after the broad Los Angeles bucket, then Beverly Hills and Woodland Hills. A Westside cut is still a list-price event. It is not a sold comparable, and it is not a citywide index.
This is the write-up of the October 5 freeze. The live Los Angeles listings are a different page. The Los Angeles market-data dashboard is the live tape.
The October 5 tape
| October 5 | |
|---|---|
| Active drops | 3,061 |
| Average drop | −8.0% |
| Value wiped | $1.15B |
| Areas | 57 |
| Drop tier | Listings |
|---|---|
| <10% | 2,188 |
| 10–20% | 749 |
| 20–30% | 107 |
| 30–40% | 10 |
| 40%+ | 7 |
Where the tape is
| Area | Drops |
|---|---|
| Los Angeles | 1,040 |
| Malibu | 144 |
| Beverly Hills | 144 |
| Woodland Hills | 116 |
| Encino | 112 |
As of October 5, 2026.
US figures are Zillow buy. All dollars. Luxury Price Drops is not a brokerage. Four-city report.