Hancock Park Continues to Capture Hearts
As we close 2025, it feels fitting to say that Hancock Park remains easy to fall in love with. From the buzz around the new Max & Helen’s deli on Larchmont, to the spectacular winter light, green gardens and enduring architectural beauty, the neighborhood continues to charm residents and buyers alike.
After a slower start to Q4, the phones began ringing in December—and they have not stopped. Single-family homes led the action, while condos, income properties, and rentals moved at a more measured pace.
Q4 Market Metrics
- 54 homes sold in Q4 2025, totaling $156+ million in volume
(compared with 48 sales / $177M in Q3 2025 and 46 sales / $120M in Q4 2024) - Average time on market: 44 days,
25 days faster than the previous quarter and one week faster than Q4 last year - Average price per square foot increased 3% year over year, with multiple offers and record price-per-square-foot sales continuing in select segments
Nationally, the U.S. housing market normalized in 2025 following the pandemic extremes, persistent inflation, and mortgage-rate volatility of prior years. Wage growth and strong stock market performance supported many markets—including ours. Notably, Los Angeles’ luxury segment above $5 million is recovering for the first time since April 2023, when Measure ULA went into effect, as rising prices have helped offset transaction costs.
Hancock Park saw 26 sales over $5 million in 2025, including one closing at $23 million. Given the complexity of today’s pricing—where taxes, concessions, and off-market dynamics can meaningfully affect value—we strongly encourage professional guidance for both buyers and sellers.
Looking Ahead to 2026
The year ahead will be shaped by geopolitical events, stock market performance, mortgage rates and inflation. Even so, Hancock Park is well-positioned to outperform both California and national averages. We continue to attract buyers displaced by fires, as well as those seeking lower risk and carrying costs compared with hillside or coastal alternatives.
Equally telling is how many homeowners choose to stay—whether trading up or down within the neighborhood, or reimagining their existing properties. Multi-generational living on a single lot, often made possible through ADUs, has become an increasingly popular solution for affordability, flexibility, and family support. The creativity involved is genuinely heartwarming—and a reminder of why this community remains so special. It is easy to see why so many choose to fall in love—and stay.
