How to sort Pandas DataFrame both by MultiIndex and by value?

IIUC:

In [29]: test.sort_values('sum', ascending=False).sort_index(level=0)
Out[29]:
         sum  count
src dst
1   2     80      2
    5     10      1
2   8     80      1

UPDATE: very similar to @anonyXmous's solution:

In [47]: (test.reset_index()
              .sort_values(['src','sum'], ascending=[1,0])
              .set_index(['src','dst']))
Out[47]:
         sum  count
src dst
1   2     70      2
    5     10      1
2   8     90      2
    5     65      1

In case anyone else comes across this using google as well. Since pandas version 0.23, you can pass the name of the level as an argument to sort_values:

test.sort_values(['src','sum'], ascending=[1,0])

Result:
         sum  count
src dst            
1   2     70      2
    5     10      1
2   8     90      2
    5     65      1