In the first half of 2008, as the global financial system was crashing, 31,058 homes were sold across Los Angeles County.
In the first six months of 2025, only 30,292 residences were bought, or 2% below the real estate market’s ugliest point.
This is a stark reminder, courtesy of my trusty spreadsheet, of the depths of the recent homebuying collapse using sales data from Attom. These stats track a broad swath of transactions – including houses and condos, both existing residences and newly constructed.
Think about how the pandemic era altered Los Angeles homebuying by examining some simple math: ranking first-half sales going back to 2005.
Over the last 21 years, the lowest sales count was found in the first six months of 2020. No. 2 was last year, and the third-slowest was 2023. This