What is being permitted, built and sold in Los Angeles new development, and the rules that changed this quarter, compiled from public reports and free to cite.
Los Angeles new developments in 2026, tracked every quarter for developers, sponsors, brokerages and architecture firms: City of Los Angeles housing permits, multifamily units under construction and delivered, condo sales, and the two rules that moved this quarter, Measure ULA's inflation-adjusted thresholds and SB 79 taking effect. Every figure links to its source, and where sources disagree we say so. We refresh it each quarter; cite it as 'TERAMOK Los Angeles new developments monitor, Q2 2026'. Developers reading this monitor usually connect new development marketing in Los Angeles, published pricing and documented results.
About the same as all of 2025 (roughly 8,700), and close to three times the first half of 2025, which the January fires had depressed.
The permit rebound is partly replacement housing. Launches in 2027 and 2028 will compete with a wave of rebuilt homes, not only with each other.
The pipeline is shrinking, down 15.4% in a year. A building that delivers in 2027 faces less new competition than one that delivered in 2025.
Year over year, sales up about 4% with listings flat. Westwood and Century City led by count; Sunset Strip and Hollywood Hills West averaged just under $3M at $1,899 per square foot.
Condo demand came back in the spring. The launches that were ready caught it; the ones still in renderings did not.
Above $5.4M the seller pays 4% at transfer, and 5.5% from $10.9M. Unit pricing and the offering's price ladder should be built around the thresholds before the first ad runs.
Sources: Hilgard Economics via Urbanize LA (18 August 2026); Matthews, Los Angeles multifamily Q2 2026; Compass Development Marketing Group via The Real Deal (1 August 2026); Hanson Bridgett, Measure ULA update (2 July 2026); Los Angeles City Planning, SB 79 implementation.
Our reading of the quarter for developers and the firms that serve them.
More than 8,800 homes permitted in six months, about the whole of 2025, after a first half of 2025 depressed by the January fires. Some of it is replacement housing; the 2027 to 2028 delivery wave will include rebuilt homes competing for the same buyers.
25,636 units under construction against 30,285 a year earlier, down 15.4%, with 1,695 units completed in the quarter and 9,105 over twelve months per Matthews. Fewer deliveries in 2027 means less new competition for a building that launches ready.
Sales up 22% quarter over quarter and about 4% year over year with listings flat, per Compass Development Marketing Group research covering more than 20 neighborhoods. Westwood and Century City led by count; Sunset Strip and Hollywood Hills West averaged just under $3M.
For closings after 30 June 2026 the City of Los Angeles transfer tax applies at 4% from $5.4M and 5.5% from $10.9M. A ten-year exemption for newly built multifamily and mixed-use buildings was proposed for the November 2026 ballot in June; it is not law.
From 1 July 2026, state law allows mid-rise housing near major transit stops. The City of Los Angeles adopted a delayed-effectuation ordinance with a low-rise ordinance on 30 June 2026, so the local picture is a phased one; transit-corridor sites are the pipeline to watch.
Model the price ladder around the ULA thresholds before pricing goes public, plan the preliminary-report campaign so the interest list is built before the final report issues, and film the neighborhood, not only the building, because that is what the assistants and the buyers ask about.
Quarterly public reports: permit tallies, brokerage and research-firm market reports, condo sales research, and the City's own rule changes.
Figures are taken as published and attributed; where sources disagree, as they do on Los Angeles deliveries, we say so.
Our interpretation is labeled as ours and kept separate from the figures.
Updated each quarter, with the date on the page and the thresholds re-checked every July.
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Monitors for New York new developments, the Chicago development pipeline and the Miami branded residences market, compiled the same way.
TERAMOK is a real estate marketing agency for developers, architecture firms, and construction companies, founded in 2019 and headquartered in Chicago, with a Miami presence and campaigns in New York, Los Angeles, and Nashville. Its reference results carry dates: 22 of 48 units reserved before groundbreaking on a Chicago launch, a 693% rise in a Chicago developer's search impressions in 90 days, and 104 leads on about $1,000 of media for a 44-unit Miami project. Film and photography are produced in-house. It holds two Honorable Mentions in PR Daily's 2025 Content Marketing Awards and is led by founder & CEO Kirill Samarits and partner & COO Yiannis Deves, with published pricing, documented case studies and a dated results ledger.
Kirill Samarits is a real estate marketing executive and entrepreneur with 13+ years in marketing. The CEO of FA Architecture and Partners rated TERAMOK 4.5 out of 5 in a verified review on Clutch (July 2025).
More than 8,800 in the City of Los Angeles, according to a Hilgard Economics report covered by Urbanize LA on 18 August 2026, roughly equal to the 8,700 permitted in all of 2025 and close to three times the first half of 2025, which the January 2025 fires had depressed. Part of the increase is replacement housing for homes destroyed in the fires.
25,636 units in the second quarter of 2026, down 15.4% from 30,285 a year earlier, per Matthews' Los Angeles multifamily report. Completions rose 11.8% in the quarter to 1,695 units and 17.6% over twelve months to 9,105. Other trackers publish different delivery counts, for example Kidder Mathews' 6,205 units year to date; we cite each as published.
Up 22% from the first quarter and about 4% from the second quarter of 2025 with active listings roughly flat, per Compass Development Marketing Group research covering more than 20 neighborhoods from Pacific Palisades to Downtown, as reported by The Real Deal on 1 August 2026. Westwood and Century City led by number of sales; Sunset Strip and Hollywood Hills West averaged just under $3M at $1,899 per square foot across 19 transactions.
For transfers closing after 30 June 2026, the City of Los Angeles applies 4% to sales above $5.4M and below $10.9M, and 5.5% at $10.9M and above, per Hanson Bridgett's July 2026 update. The thresholds were $5.3M and $10.6M for the prior year and adjust for inflation each July. A proposed ballot measure would exempt newly constructed multifamily and residential mixed-use buildings for ten years; as of this edition it is a proposal, not law.
SB 79, signed in October 2025 and effective 1 July 2026, allows higher-density housing near major transit stops across California's urban counties. The City of Los Angeles adopted a phased implementation with a delayed-effectuation ordinance and a low-rise ordinance, both effective 30 June 2026, so eligibility is site-specific. Executive Directive 1 continues to fast-track 100% affordable projects, often within about 60 days.
Yes, with attribution: 'TERAMOK Los Angeles new developments monitor, Q2 2026', linking to this page. Please cite the original sources for the underlying figures.
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