2022
Q1
MARKET REPORT
Photography © Erik Grammer
Your Guide to Los Angeles
Market Performance & Analysis The hottest market can get hotter. In the first quarter of 2022, single-family home prices reached an all-time-high average price per square foot, while condo prices in the Los Angeles market reached record highs in terms of median price and price per square foot. When compared to the first quarter of 2021, single-family homes sold faster in every neighborhood, and median price and price per square foot increased in nearly every L.A. neighborhood. Condos followed suit, with an increase in price per square foot in every neighborhood where condos sold during the quarter. The number of single-family homes sold declined 9% year-over-year but must be viewed in the context of the current historically low inventory, which decreased 30% year-over-year. Condo sales actually increased despite a decline in inventory, which further highlights the demand in the area. The lack of single-family homes is putting upward pressure on condo demand, as buyers must compete for the limited inventory. So far, rising mortgage rates have not negatively affected demand or prices, but as rates continue to rise, we may see demand soften. Q2 2022 will test the market’s appetite for record-high prices with potentially the highest mortgage rates we’ve seen in more than a decade.
Los Angeles County | Market Snapshot Single Family Homes
Condominium Homes
Data*
Q1 2022
Q1 2021 % Change
Data*
Q1 2022 Q1 2021 % Change
Median Price
$920,000
$830,000
10.84%
Median Price
$660,000
$571,000
15.59%
Avg. Price / Sq. Ft.
$664
$578
14.83%
Avg. Price / Sq. Ft.
$601
$522
15.20%
Properties Sold
10,495
11,425
-8..14%
Properties Sold
4,106
4,508
-8.92%
Days on Market
25
30
-16.67%
Days on Market
26
37
-29.73%
Median Price
Median Price
$920,000
$660,000
vs Q1 2021
$830,000
10.84
Days On The Market
vs Q1 2021
$571,000
Properties Sold
25
30
4,106
Q1 2022
Q1 2021
Q1 2022
DAYS
15.59%
4,508
DAYS
Q1 2021
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Explore Your Neighborhood Los Angeles Area
Single Family Homes Q1 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Baldwin Hills
1
$1,461,180
$984
Beverly Hills
42
$9,560,000
$1,871
Beverly Hills PO
51
$3,600,000
$1,244
Beverlywood
33
$1,755,000
$1,031
Beverly Center - Miracle Mile
38
$2,561,250
$1,026
Brentwood
51
$3,400,000
$1,230
Cheviot Hills - Rancho Park
16
$3,212,500
$1,126
Culver City
40
$1,738,000
$1,092
Downtown LA
38
$569,000
$487
Hancock Park - Wilshire
58
$2,200,000
$957
Hollywood
38
$1,349,500
$814
Hollywood Hills East
29
$1,963,500
$954
Ladera Heights Leimert Park Los Feliz Mid - Los Angeles
12
$1,731,000
$723
NA
NA
NA
32
$2,347,500
$986
87
$1,100,000
$687
100
$1,389,500
$1,029
Studio City
60
$2,087,500
$913
Sunset Strip - HH West
124
$2,550,000
$1,099
Silver Lake - Echo Park
View Park
3
$1,600,000
$669
Westwood - Century City
47
$2,732,700
$1,172
West Hollywood
26
$2,334,000
$1,067
21
$1,557,000
$1,037
989
$2,399,960
$1,009
West LA TOTAL/AVERAGE
Condominium Homes Q1 2022 NEIGHBORHOOD Baldwin Hills Beverly Hills
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
1
$490,000
$605
25
$1,550,000
$854
NA
NA
NA
Beverlywood
22
$946,500
$729
Beverly Center - Miracle Mile
44
$964,000
$756
51
$1,190,000
$749
Cheviot Hills - Rancho Park
NA
NA
NA
Culver City
50
$665,000
$638
Downtown LA
121
$545,000
$661
Hancock Park - Wilshire
50
$810,500
$599
Hollywood
29
$825,000
$661
17
$705,000
$598
Beverly Hills PO
Brentwood
Hollywood Hills East Ladera Heights Leimert Park Los Feliz Mid - Los Angeles
3
$600,000
$447
NA
NA
NA
15
$841,000
$806
3
$700,000
$547
Silver Lake - Echo Park
22
$952,500
$739
Studio City
46
$847,000
$614
Sunset Strip - HH West
43
$725,000
$832
View Park
NA
NA
NA
Westwood - Century City
184
$1,076,000
$783
West Hollywood
104
$1,022,500
$865
50
$927,500
$718
880
$910,139
$733
West LA TOTAL/AVERAGE
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Explore Your Neighborhood Los Angeles Area
Median Price Q1 2022 — Q1 2021
Single Family Homes 2022
2021
Baldwin Hills Baldwin Hills
Beverly Center - Miracle Mile Mile Beverly Center-Miracle Beverly Hills Beverly Hills Hills PO BeverlyBeverly Hills Post Office Beverlywood Beverlywood Vicinity Brentwood Brentwood Cheviot CheviotHills Hills-- Rancho Rancho Park Park Culver Culver City City Downtown LA
Downtown L.A.
Hancock Park - Wilshire
Hancock Park-Wilshire
Hollywood
Hollywood
Hollywood Hills East
Hollywood Hills East
Ladera Heights
Ladera Heights
Leimert Park
Leimert Park
Los Feliz
Los Feliz
Mid - Los Angeles
Mid Los Angeles
Silver Lake - Echo Park
Silver Lake - Echo Park
Studio City
Studio City
Sunset Strip - HH West
Sunset Strip - Hollywood Hills West
View Park
View Park
West Hollywood
West Hollywood Vicinity
West LA
West L.A.
Westwood - Century City
Westwood - Century City
$0.00 0
$2,500,000.00 $2.5M
$5,000,000.00 $5M
$7,500,000.00 $7.5M
$10,000,000.00 $10M
Median Price Q1 2022 — Q1 2021
Condominium Homes 2022
2021
Baldwin Hills Baldwin Hills Beverly Center Beverly Center-Miracle Mile
Beverly Hills Beverly Hills Beverly Hills PO Beverly Hills PO Beverlywood Beverlywood Vicinity Brentwood Brentwood Cheviot - Rancho Park Cheviot Hills -Hills Rancho Park Culver City Culver City Downtown LA Downtown L.A. Hancock Park - Wilshire Hancock Park-Wilshire Hollywood Hollywood Hollywood Hills East Hollywood Hills East Ladera Heights Ladera Heights Leimert Park Leimert Park Feliz LosLos Feliz - Los Angeles MidMid Los Angeles - Echo Park Silver Silver LakeLake - Echo Park Studio City Studio City
Sunset Strip - HH West t Strip - Hollywood Hills West View Park View Park West Hollywood West Hollywood Vicinity West LA West L.A. Westwood - Century City Westwood - Century City
$0 0
$400,000 $400K
$800,000 $800K
$1,200,000 $1.2M
$1,600,000 $1.6M
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Los Angeles Area Baldwin Hills SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,461,180 $984 1 5
$1,050,000 $601 2 120
39.16% 63.86% -50.00% -95.83%
Q1 2022
Q1 2021
% CHANGE
$490,000 $605 1 86
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$1,550,000 $854 25 5
$1,250,000 $740 27 120
24.00% 15.42% -7.41% -95.83%
Q1 2022
Q1 2021
% CHANGE
$1,461,180 $984 1 53
$1,050,000 $601 2 82
39.16% 63.86% -50.00% -35.37%
Q1 2022
Q1 2021
% CHANGE
$3,600,000 $1,244 51 67
$3,042,862 $1,003 46 85
18.31% 24.04% 10.87% -21.18%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Beverly Hills SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Beverly Hills PO SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Beverlywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,755,000 $1,031 33 32
$1,626,000 $849 35 42
7.93% 21.37% -5.71% -23.81%
Q1 2022
Q1 2021
% CHANGE
$946,500 $729 22 41
$870,000 $650 9 48
8.79% 12.15% 144.44% -14.58%
Q1 2022
Q1 2021
% CHANGE
$2,561,250 $1,026 38 21
$1,878,075 $935 66 45
36.38% 9.77% -42.42% -97.83%
Q1 2022
Q1 2021
% CHANGE
$964,000 $756 44 40
$914,000 $659 42 61
5.47% 14.68% 4.76% -34.43%
Q1 2022
Q1 2021
% CHANGE
$3,400,000 $1,230 51 46
$3,700,000 $1,187 61 59
-8.11% 3.68% -16.39% -22.03%
Q1 2022
Q1 2021
% CHANGE
$1,062,000 $721 58 36
$850,000 $698 51 40
25.05% 3.24% 13.73% -10.00%
Beverly Center | Miracle Mile SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Brentwood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Los Angeles Area Cheviot Hills | Rancho Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO
Q1 2022
Q1 2021
% CHANGE
$3,212,500 $1,126 16 36
$2,360,000 $963 24 46
36.12% 16.93% -33.33% -21.74%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$1,738,000 $1,092 40 20
$1,575,000 $954 66 37
10.35% 14.40% -39.39% -45.95%
Q1 2022
Q1 2021
% CHANGE
$665,000 $638 50 23
$625,000 $627 59 36
6.40% 1.69% -15.25% -36.11%
Q1 2022
Q1 2021
% CHANGE
$569,000 $487 38 27
$516,250 $491 32 46
10.22% -0.72% 18.75% -41.30%
Q1 2022
Q1 2021
% CHANGE
$545,000 $661 121 55
$595,000 $634 109 88
-8.40% 4.27% 11.01% -37.50%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Culver City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Downtown Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Hancock Park | Wilshire SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$2,200,000 $957 58 50
$1,983,250 $809 81 48
10.93% 18.31% -28.40% 4.17%
Q1 2022
Q1 2021
% CHANGE
$810,500 $599 50 43
$729,000 $565 43 45
11.18% 5.86% 16.28% -4.44%
Q1 2022
Q1 2021
% CHANGE
$1,349,500 $814 38 42
$1,212,500 $766 42 60
11.30% 6.19% -9.52% -30.00%
Q1 2022
Q1 2021
% CHANGE
$825,000 $661 29 56
$700,000 $617 43 75
17.86% 7.26% -32.56% -25.33%
Q1 2022
Q1 2021
% CHANGE
$1,963,500 $954 29 36
$1,725,000 $785 52 58
13.83% 21.55% -44.23% -37.93%
Q1 2022
Q1 2021
% CHANGE
$705,000 $598 17 37
$705,000 $557 14 34
0.00% 7.39% 21.43% 8.82%
CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Hollywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Hollywood Hills East SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Los Angeles Area Ladera Heights SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,731,000 $723 12 21
$1,536,000 $570 18 31
12.70% 26.80% -33.33% -32.26%
Q1 2022
Q1 2021
% CHANGE
$600,000 $447 3 43
$615,000 $440 1 51
-2.44% 1.54% 200.00% -15.69%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
$845,000 $686 1 43
-100.00% -100.00% 100.00% -100.00%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$2,347,500 $986 32 31
$1,997,500 $868 60 55
17.52% 13.68% -46.67% -43.64%
Q1 2022
Q1 2021
% CHANGE
$841,000 $806 15 25
$675,000 $641 7 36
24.59% 25.84% 114.29% -30.56%
Leimert Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Los Feliz SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Mid Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,100,000 $687 87 31
$941,500 $656 96 37
16.83% 4.82% -9.38% -16.22%
Q1 2022
Q1 2021
% CHANGE
$700,000 $547 3 50
$540,000 $534 11 56
29.63% 2.30% -72.73% -10.71%
Q1 2022
Q1 2021
% CHANGE
$1,389,500 $1,029 100 30
$1,254,500 $836 101 36
10.76% 23.09% -0.99% -16.67%
Q1 2022
Q1 2021
% CHANGE
$952,500 $739 22 53
$477,000 $624 40 64
99.69% 18.40% -45.00% -17.19%
Q1 2022
Q1 2021
% CHANGE
$2,087,500 $913 60 31
$1,825,000 $767 97 51
14.38% 19.01% -38.14% -39.22%
Q1 2022
Q1 2021
$847,000 $614 51 20
$695,500 $521 63 50
% CHANGE ‘ 21.78% 17.83% -19.05% -60.00%
Silver Lake | Echo Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Studio City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Los Angeles Area Sunset Strip | HH West SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$2,550,000 $1,099 124 50
$2,395,000 $978 140 73
6.47% 12.37% -11.43% -31.51%
Q1 2022
Q1 2021
% CHANGE
$725,000 $832 43 47
$769,000 $645 24 37
-5.72% 29.05% 79.17% 27.03%
Q1 2022
Q1 2021
% CHANGE
$1,600,000 $669 3 6
$1,150,000 $536 7 20
39.13% 24.68% -57.14% -70.00%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$2,732,700 $1,172 47 28
$2,495,000 $978 40 43
9.53% 19.83% 17.50% -34.88%
Q1 2022
Q1 2021
% CHANGE
$1,076,000 $783 184 60
$1,010,000 $774 145 64
6.53% 1.12% 26.90% -6.25%
View Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Westwood | Century City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
West Hollywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$2,334,000 $1,067 26 51
$2,250,000 $1,103 41 77
3.73% -3.27% -36.59% -33.77%
Q1 2022
Q1 2021
% CHANGE
$1,022,500 $865 104 40
$799,500 $754 114 54
27.89% 14.75% -8.77% -25.93%
Q1 2022
Q1 2021
% CHANGE
$1,557,000 $1,037 21 23
$1,269,000 $847 28 42
22.70% 22.50% -25.00% -45.24%
Q1 2022
Q1 2021
% CHANGE
$927,500 $718 50 20
$865,000 $654 53 50
7.23% 9.73% -5.66% -60.00%
West Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Explore Your Neighborhood Westside Area In the first quarter of 2022, the median single-family home price and average price per square foot in the Westside market reached all-time highs. After some price cooling in the back half of last year, we are seeing demand rebound as buyers work to lock in lower mortgage rates. Single-family home price per square foot rose in every neighborhood in Westside L.A. compared to Q1 2021. Like single-family homes, condo prices reached all-time highs in terms of median price and price per square foot in Q1 2022. The number of single-family homes and condos sold declined year-over-year, which isn’t surprising given the 38% decline in single-family home and condo inventory compared to Q1 2021. As active listings continue to decline, sales naturally decline with them. Fewer homes lead to more competition, and homes are selling significantly faster in nearly every neighborhood — and at higher prices. .
Single Family Homes Q1 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Malibu Beach
22
$10,711,680
$3,487
Malibu
48
$3,800,000
$1,332
Marina Del Rey
19
$1,735,000
$1,044
Pacific Palisades
62
$4,016,702
$1,519
Palms – Mar Vista
55
$1,850,000
$1,108
5
$2,599,000
$922
Playa Vista Santa Monica
56
$3,889,922
$1,586
Venice
68
$2,525,000
$1,314
$335
$3,890,913
$1,539
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Malibu Beach
6
$1,343,000
$1,435
Malibu
9
$986,000
$861
Marina Del Rey
88
$1,200,000
$793
Pacific Palisades
19
$1,350,000
$853
Palms – Mar Vista
16
$812,000
$741
TOTAL/AVERAGE
Condominium Homes Q1 2022 NEIGHBORHOOD
Playa Vista
38
$1,048,750
$853
Santa Monica
115
$1,330,000
$1,097
9
$1,500,000
$943
300
$1,196,219
$947
Venice TOTAL/AVERAGE
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Explore Your Neighborhood Westside Area
Properties Sold Q1 2022
Single Family Homes
Malibu Beach 22 Malibu 48
Venice 68
Marina Del Rey Santa Monica
19
56 Playa Vista 5
Palms | Mar Vista 55
Pacific Palisades 62
Properties Sold Q1 2022
Condominium Homes
Malibu Beach Venice 9
6 Malibu 9
Marina Del Rey Santa Monica
88
115 Pacific Palisades 19 Palms | Mar Vista Playa Vista
16
38
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Westside Area Malibu Beach SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$10,711,680 $3,487 22 76
$7,750,000 $2,904 23 86
38.22% 20.05% -4.35% -11.63%
Q1 2022
Q1 2021
% CHANGE
$1,343,000 $1,435 6 47
$3,500,000 $1,792 7 70
-61.63% -19.92% -14.29% -32.86%
Q1 2022
Q1 2021
% CHANGE
$3,800,000 $1,332 48 65
$2,815,000 $1,068 43 86
34.99% 24.68% 11.63% -24.42%
Q1 2022
Q1 2021
% CHANGE
$986,000 $861 9 14
$1,340,000 $890 15 91
-26.42% -3.33% -40.00% -84.62%
Q1 2022
Q1 2021
% CHANGE
$1,735,000 $1,044 19 45
$1,763,000 $962 28 70
-1.59% 8.55% -32.14% -67.86%
Q1 2022
Q1 2021
% CHANGE
$1,200,000 $793 88 30
$1,027,500 $755 86 43
16.79% 5.06% 2.33% -30.23%
Malibu SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Marina Del Rey SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Pacific Palisades SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$4,016,702 $1,519 62 68
$3,620,000 $1,200 93 64
10.96% 26.65% -33.33% 6.25%
Q1 2022
Q1 2021
% CHANGE
$1,350,000 $853 19 50
$1,350,000 $814 21 47
0.00% 4.83% -9.52% 6.38%
Q1 2022
Q1 2021
% CHANGE
$1,850,000 $1,108 55 25
$1,847,350 $959 81 42
0.14% 15.46% -32.10% -40.48%
Q1 2022
Q1 2021
% CHANGE
$812,000 $741 16 20
$727,500 $678 42 38
11.62% 9.42% -61.90% -47.37%
Q1 2022
Q1 2021
% CHANGE
$2,599,000 $922 5 27
$2,000,000 $778 11 61
29.95% 18.45% -54.55% -55.74%
Q1 2022
Q1 2021
% CHANGE
$1,048,750 $853 38 21
$970,000 $709 39 54
8.12% 20.27% -2.56% -61.11%
Palms | Mar Vista SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Playa Vista SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Westside Area Santa Monica SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$3,889,922 $1,586 56 39
$3,400,000 $1,351 55 48
14.41% 17.42% 1.82% -18.75%
Q1 2022
Q1 2021
% CHANGE
$1,330,000 $1,097 115 55
$1,014,000 $937 16 112
31.16% 17.07% -43.75% -50.89%
Q1 2022
Q1 2021
% CHANGE
$2,525,000 $1,314 68 58
$1,869,000 $1,211 64 59
35.10% 8.56% 6.25% -1.69%
Q1 2022
Q1 2021
% CHANGE
$1,500,000 $943 9 55
$1,172,500 $943 16 112
27.93% 0.01% -43.75% -50.89%
Venice SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Explore Your Neighborhood San Gabriel Valley
Homebuyers simply love the San Gabriel Valley. In the first quarter of 2022, single-family home and condo prices reached record highs in terms of median price and price per square foot. Almost every city had a yearover-year increase in median price and average price per square foot, and both single-family homes and condos sold at a faster pace. The number of sales has barely declined despite the record-low inventory for both single-family homes and condos. Like the rest of Southern California, the San Gabriel Valley is in a massive state of undersupply. Although inventory is starting to creep slightly higher as we enter into the second quarter — a seasonal norm — active listings have dropped 44% over the past two years. Despite recent mortgage rate increases, the lack of available inventory will likely be a larger driver of home prices in the near future.
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Explore Your Neighborhood San Gabriel Valley Area
Single Family Homes Q1 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Alhambra
49
$950,000
$654
Arcadia
98
$1,804,000
$680
Altadena
83
$1,230,000
$796
Bradbury
4
$1,503,750
$556
48
$991,250
$499
31
$720,000
$583
Eagle Rock
39
$1,265,000
$887
Glendora
94
$817,500
$571
Highland Park
73
$1,215,000
$902
La Crescenta / Glendale
56
$1,317,500
$805
La Cañada Flintridge
42
$2,532,500
$914
La Verne
62
$977,500
$499
Claremont Duarte
Monrovia
51
$1,150,000
$709
Mount Washington
34
$1,292,500
$894
Pasadena NE
92
$1,267,500
$826
Pasadena NW
50
$1,297,500
$767
Pasadena SE
34
$1,381,500
$856
Pasadena SW
20
$2,187,500
$835
Rosemead / S. San Gabriel
29
$850,000
$616
San Dimas
54
$847,500
$524
San Gabriel
51
$1,060,000
$685
San Marino
31
$2,750,000
$982
Sierra Madre
17
$1,475,000
$879
South Pasadena
19
$2,388,000
$1,028
Sunland - Tujunga
76
$933,000
$650
TOTAL/AVERAGE
$1,237
$1,368,160
$744
Condominium Homes Q1 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Alhambra
58
$680,000
$535
Arcadia
27
$868,000
$541
Altadena
2
$570,000
$603
Bradbury
NA
NA
NA
Claremont
9
$525,000
$406
Duarte
6
$497,500
$450
1
$750,000
$714
11
$640,000
$463
Eagle Rock Glendora Highland Park
5
$550,000
$713
La Crescenta / Glendale
20
$761,000
$595
La Cañada Flintridge
NA
NA
NA
La Verne
5
$420,000
$495
Monrovia
16
$687,000
$522
1
$600,000
$882
10
$725,000
$609
Mount Washington Pasadena NE Pasadena NW
9
$885,000
$556
Pasadena SE
70
$747,000
$634
Pasadena SW
42
$1,017,690
$723
2
$655,000
$462
San Dimas
21
$568,000
$442
San Gabriel
26
$828,000
$532
San Marino
NA
NA
NA
4
$790,000
$650
Rosemead / S. San Gabriel
Sierra Madre South Pasadena
10
$895,000
$730
Sunland - Tujunga
11
$678,000
$546
TOTAL/AVERAGE
365
$697,145
$582
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Sunland / Tujunga
South Pasadena
Sierra Madre
San Marino
San Gabriel
San Dimas
Rosemead / S. San Gabriel
Pasadena SW
Q1 2022
Pasadena SE
Pasadena NW
Pasadena NE
Mount Washington
Monrovia
La Verne
La Crescenta / Glendale
La Cañada Flintridge
Highland Park
Glendora
Eagle Rock
Duarte
Claremont
Bradbury
Altadena
Arcadia
Alhambra
Explore Your Neighborhood
San Gabriel Valley Area
Median Price Single Family Homes
$3M
$2.25M
$1.5M
750K
0
Sunland / Tujunga
South Pasadena
Sierra Madre
San Marino
San Gabriel
San Dimas
Rosemead / S. San Gabriel
Pasadena SW
Pasadena SE
Pasadena NW
Pasadena NE
Mount Washington
Monrovia
La Verne
La Crescenta / Glendale
La Cañada Flintridge
Highland Park
Glendora
Eagle Rock
Q1 2022
Duarte
Claremont
Bradbury
Altadena
Arcadia
Alhambra
Median Price
Condominium Homes
$1.2M
$900k
$600k
$300K
0
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood San Gabriel Valley Area Alhambra SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$950,000 $654 49 26
$839,000 $585 48 37
13.23% 11.74% 2.08% -29.73%
Q1 2022
Q1 2021
% CHANGE
$680,000 $535 58 27
$590,000 $459 35 39
15.25% 16.54% 65.71% -30.77%
Q1 2022
Q1 2021
% CHANGE
$1,590,000 $645 114 38
$1,272,500 $577 96 44
24.95% 11.75% 18.75% -13.64%
Q1 2022
Q1 2021
% CHANGE
$916,000 $520 43 29
$705,000 $464 57 35
29.931% 11.93% 32.56% -17.14%
Q1 2022
Q1 2021
% CHANGE
$1,230,000 $796 83 19
$1,050,000 $674 85 31
17.14% 18.02% -2.35% -38.71%
Q1 2022
Q1 2021
% CHANGE
$570,000 $603 2 28
$905,000 $471 1 4
-37.02% 28.03% 100.00% 600.00%
Arcadia SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Altadena SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Bradbury SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,503,750 $556 4 44
$1,300,000 $441 5 83
15.67% 26.12% -20.00% -46.99%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$991,250 $499 48 20
$831,500 $395 70 42
19.21% 26.29% -31.43% -52.38%
Q1 2022
Q1 2021
% CHANGE
$525,000 $406 9 9
$536,382 $351 18 34
-2.12% 15.70% -50.00% -73.53%
Q1 2022
Q1 2021
% CHANGE
$720,000 $583 31 18
$692,750 $510 30 21
3.93% 14.38% 3.33% -14.29%
Q1 2022
Q1 2021
% CHANGE
$497,500 $450 6 32
$439,000 $372 9 13
13.33% 21.16% -33.33% 146.15%
Claremont SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Duarte SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood San Gabriel Valley Area Eagle Rock SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,265,000 $887 39 31
$1,225,000 $743 44 33
3.27% 19.42% -11.36% -6.06%
Q1 2022
Q1 2021
% CHANGE
$750,000 $714 2 29
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$817,500 $571 94 20
$802,500 $470 84 33
1.87% 21.46% 11.90% -39.39%
Q1 2022
Q1 2021
% CHANGE
$640,000 $463 11 5
$530,000 $356 19 22
20.75% 29.91% -42.11% -77.27%
Q1 2022
Q1 2021
% CHANGE
$1,215,000 $902 73 25
$959,500 $763 88 37
26.63% 18.15% -17.05% -32.43%
Q1 2022
Q1 2021
% CHANGE
$550,000 $713 5 8
$472,500 $566 12 20
16.40% 26.00% -58.33% -60.00%
Glendora SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Highland Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
La Crescenta | Glendale | Montrose SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,317,500 $805 56 19
$1,150,750 $678 74 27
14.49% 18.79% -24.32% -29.63%
Q1 2022
Q1 2021
% CHANGE
$761,000 $595 20 17
$717,000 $487 18 46
28.51% 22.38% 11.11% -63.04%
Q1 2022
Q1 2021
% CHANGE
$2,532,500 $914 42 42
$2,100,000 $739 79 61
20.60% 23.66% -10.13% -31.15%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
$907,500 $543 4 29
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$977,500 $499 62 37
$815,000 $421 70 28
19.94% 18.35% 6.92% 32.14%
Q1 2022
Q1 2021
% CHANGE
$420,000 $495 5 10
$357,250 $404 10 13
17.56% 22.41% -50.00% -23.08%
CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
La Cañada Flintridge SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
La Verne SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood San Gabriel Valley Area Monrovia SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,150,000 $709 51 24
$882,000 $584 61 59
30.39% 21.42% -16.39% -59.32%
Q1 2022
Q1 2021
% CHANGE
$687,000 $522 16 20
$650,000 $439 23 19
5.69% 18.95% -30.43% 5.26%
Q1 2022
Q1 2021
% CHANGE
$1,292,500 $894 34 20
$1,120,000 $719 27 39
15.40% 24.27% 25.93% -48.72%
Q1 2022
Q1 2021
% CHANGE
$600,000 $882 1 0
$515,000 $821 1 142
16.50% 7.42% 0.00% NA
Q1 2022
Q1 2021
% CHANGE
$1,175,000 $773 93 24
$1,038,500 $658 112 26
13.14% 17.57% -19.96% -7.69%
Q1 2022
Q1 2021
% CHANGE
$772,000 $572 20 25
$640,412 $495 22 32
20.55% 15.57% -9.09% -21.88%
Mount Washington SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Pasadena NE SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Pasadena NW SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$1,297,500 $767 50 29
$1,044,000 $687 43 31
24.28% 11.54% 16.28% -6.45%
Q1 2022
Q1 2021
% CHANGE
$885,000 $556 9 45
$635,000 $546 12 45
39.37% 1.79% -25.00% 0.00%
Q1 2022
Q1 2021
% CHANGE
$1,381,500 $856 34 24
$1,510,000 $735 40 48
-8.51% 16.48% -15.00% -50.00%
Q1 2022
Q1 2021
% CHANGE
$747,000 $634 70 29
$640,500 $569 74 41
116.63% 11.40% -5.41% -29.27%
Q1 2022
Q1 2021
% CHANGE
$2,200,000 $885 37 35
$1,800,000 $744 41 43
22.22% 18.96% -9.76% -18.60%
Q1 2022
Q1 2021
% CHANGE
$955,000 $627 35 23
$717,800 $571 38 38
33.05% 9.85% -7.89% -39.47%
Pasadena SE SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Pasadena SW SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood San Gabriel Valley Area Rosemead/S. San Gabriel SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$850,000 $616 29 23
$717,500 $731 30 36
18.47% -15.72% -3.33% -36.11%
Q1 2022
Q1 2021
% CHANGE
$655,000 $462 2 49
$593,000 $348 4 18
10.46% 32.52% -50.00% 172.22%
Q1 2022
Q1 2021
% CHANGE
$847,500 $524 54 12
$758,000 $422 58 24
11.81% 19.41% -6.90% -50.00%
Q1 2022
Q1 2021
% CHANGE
$566,000 $453 22 11
$470,000 $351 23 16
20.43% 29.22% -4.35% -31.25%
Q1 2022
Q1 2021
% CHANGE
$1,060,000 $685 51 23
$900,000 $599 51 25
17.78% 14.39% 0.00% -8.00%
Q1 2022
Q1 2021
% CHANGE
$828,000 $532 26 15
$779,000 $445 19 20
19.61% 17.17% 36.84% -25.00%
San Dimas SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
San Gabriel SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
San Marino SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$2,750,000 $982 31 45
$2,230,000 $855 25 59
23.32% 14.87% 24.00% -23.73%
Q1 2022
Q1 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q1 2022
Q1 2021
% CHANGE
$1,475,000 $879 17 19
$1,155,000 $654 28 73
27.71% 34.33% -39.29% -73.97%
Q1 2022
Q1 2021
% CHANGE
$790,000 $650 4 18
$703,000 $462 7 26
12.38% 40.68% -42.86% -30.77%
Q1 2022
Q1 2021
% CHANGE
$2,388,000 $1,028 19 21
$1,638,500 $869 37 23
45.74% 18.24% -48.65% -8.70%
Q1 2022
Q1 2021
% CHANGE
$895,000 $730 10 10
$825,000 $662 17 31
8.48% 10.24% -41.18% -67.74%
Sierra Madre SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
South Pasadena SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood San Gabriel Valley Area Sunland-Tujunga SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$933,000 $650 76 27
$732,000 $555 92 27
27.46% 17.07% -17.39% 0.00%
Q1 2022
Q1 2021
% CHANGE
$678,000 $546 11 26
$570,000 $445 9 14
18.95% 22.63% 22.22% 85.71%
Explore Your Neighborhood Coachella Valley Coachella Valley homes had a truly incredible first quarter of 2022, experiencing the largest year-over-year priceper-square-foot increase in history and solidifying the high desirability of the area. Buyers are drawn to the idyllic area by beautiful homes perfect to live in year-round or to use as vacation or investment properties. In the first quarter of 2022, single-family home and condo prices reached record highs in terms of both median price and price per square foot. In every neighborhood, single-family homes and condos saw year-over-year increases in median price and average price per square foot. Extremely low inventory has caused sales to decline. Similar to the San Gabriel Valley, inventory has declined 42% over the past two years, and we are entering into the spring buying season with the lowest inventory ever, making supply the largest driver of home prices.
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Explore Your Neighborhood Coachella Valley Area
Properties Sold Q1 2022 – Q1 2021 2021
Single Family Homes
2022 Cathedral City North Cathedral City South Indian Wells La Quinta N. of HWY 111 La Quinta S. of HWY 111 Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage
500
375
250
125
0
0
113
225
338
450
Properties Sold Q1 2022 – Q1 2021
Condominium Homes 2021
2022 Cathedral City North Cathedral City South Indian Wells La Quinta No. of HWY 111 La Quinta S. of H Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage
200
150
100
50
0
0
40
80
120
160
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Coachella Valley Area Cathedral City North SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$535,000 $302 124 37
$424,900 $241 127 41
25.91% 25.08% -2.36% -9.76%
Q1 2022
Q1 2021
% CHANGE
$267,500 $248 27 21
$199,949 $171 32 83
33.78% 44.94% 32 83
Q1 2022
Q1 2021
% CHANGE
$563,500 $374 48 30
$465,000 $278 42 45
21.18% 34.81% 14.29% -33.33%
Q1 2022
Q1 2021
% CHANGE
$351,000 $247 24 42
$249,000 $181 27 60
40.96% 37.01% -11.11% -30.00%
Q1 2022
Q1 2021
% CHANGE
$1,450,000 $543 68 50
$1,200,000 $381 112 87
20.83% 42.71% -39.29% -42.53%
Q1 2022
Q1 2021
% CHANGE
$699,000 $328 27 32
$520,000 $251 32 87
34.42% 30.64% -15.63% -63.22%
CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Cathedral City South SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Indian Wells SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
La Quinta North of HWY 111 - Indian Springs SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$645,000 $317 43 36
$510,000 $235 67 49
26.47% 35.21% -35.82% -26.53%
Q1 2022
Q1 2021
% CHANGE
$340,000 $343 17 17
$252,500 $264 24 53
34.65% 30.02% -29.17% -67.92%
La Quinta South of HWY 111 - Indian Springs SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$772,950 $388 304 42
$700,000 $307 420 69
10.42% 26.39% -27.62% -39.13%
Q1 2022
Q1 2021
% CHANGE
$915,000 $441 296 33
$805,000 $331 427 66
13.66% 33.50% -30.68% -50.00%
Q1 2022
Q1 2021
% CHANGE
$610,000 $368 73 34
$515,950 $267 98 46
18.23% 37.77% -25.51% -26.09%
Q1 2022
Q1 2021
% CHANGE
$485,000 $334 115 24
$325,000 $223 184 64
49.23% 49.65% -37.50% -62.50%
Palm Desert East SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
Market Performance By Neighborhood Coachella Valley Area Palm Desert North SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$652,000 $347 68 75
$500,000 $270 72 69
30.40% 28.51% -5.56% 8.70%
Q1 2022
Q1 2021
% CHANGE
$532,000 $326 67 30
$379,000 $231 99 71
40.37% 40.91% -32.32% -57.75%
Q1 2022
Q1 2021
% CHANGE
$1,025,000 $598 69 28
$895,000 $401 110 68
14.53% 48.95% -37.27% -58.82%
Q1 2022
Q1 2021
% CHANGE
$450,000 $356 53 28
$360,000 $270 75 77
25.00% 32.05% -29.33% -63.64%
Q1 2022
Q1 2021
% CHANGE
$1,250,000 $668 49 38
$969,000 $507 101 44
29.00% 31.77% -51.49% -13.64%
Q1 2022
Q1 2021
% CHANGE
$410,000 $341 84 27
$298,000 $269 102 58
37.58% 26.69% -17.65% -53.45%
CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Palm Desert South SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Palm Springs Central SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Palm Springs North End SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q1 2022
Q1 2021
% CHANGE
$863,939 $524 104 39
$694,900 $405 107 37
24.33% 29.24% -2.80% 5.41%
Q1 2022
Q1 2021
% CHANGE
$299,500 $364 58 21
$190,000 $278 58 50
57.63% 31.16% 0.00% -58.00%
Q1 2022
Q1 2021
% CHANGE
$1,002,625 $583 91 34
$1,200,000 $478 112 44
19.69% 21.94% -18.75% -22.73%
Q1 2022
Q1 2021
% CHANGE
$405,000 $329 122 ‘ 30
$320,000 $254 209 50
26.56% 29.66% -41.63% -40.00%
Q1 2022
Q1 2021
% CHANGE
$1,200,000 $447 185 42
$849,500 $331 224 69
41.26% 35.19% -17.41% -39.13%
Q1 2022
Q1 2021
% CHANGE
$530,000 $303 94 33
$383,500 $224 140 72
38.20% 35.44% -32.86% -54.17%
Palm Springs South End SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Rancho Mirage SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
About Us dppre.com DPP, also known to many as Deasy Penner Podley — dedicates its residential real estate practice to the principle that every home is art.™ With a presence from Malibu to Palm Springs — as well as an international network of like-minded brokerages — DPP brings decades of experience and unmatched expertise to sourcing your most important asset.
With 300 exceptional partner-agents, our specialized, collaborative team approach and unique brand transcend the traditional brokerage — allowing us to be a truly integrated, regional firm with a distinct voice. To that end, DPP was recently awarded “Most Innovative Brokerage” by Leading Real Estate Companies of the World. DPP continues to exceed buyer and seller expectations with unparalleled expertise.
Leveraging a 2021 strategic partnership with Side — the Silicon Valley real estate technology firm — we now provide our clients with superior tech and tools that outpace the biggest brokerages, while remaining community-driven, locally-owned and solidly boutique. Our corporate headquarters are in your backyard, not across the county. Decisions are made locally, allowing us to be more nimble, innovative and proactive than the big-box brokerages. We’re involved in the day-to-day business, making us intimately aware of every facet of the firm, our agent partners, and our clients.
We care deeply about our Southern California community. Our agents are family; our clients are neighbors. If you ever wish to speak with us, we are always available.
Mike Deasy & George Penner
What’s New On
La Cañada Flintridge Spanish-Inspired Art Deco Estate
dppre.com
Offering spectacular views, this home must be seen to
dpp real estate listings are consistently featured in local, regional and national publications. Our in-house design-centric public relations team’s primary role is to generate editorial coverage for properties we represent. This exposure not only increases awareness, but provides a third-party endorsement and a call to action for qualified prospects.
We share our passion for design on our blog:
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be appreciated. The Overell Estate, one of the most iconic and historic properties in the San Gabriel Valley, has been updated and expanded without losing its classic character...
Shred Event April 23, 2022 This spring dpp real estate is hosting a Shred Event, so you
Featured on Instagram: Glendora | Cape Cod with Mountain Views
can dispose of your sensitive documents in a safe and
Meticulously Custom-Built
secure manner. The event
Cape Cod home in the
will take place on Saturday,
Foothills of North Glendora.
April 23rd, from 8:30 am to
Private and spacious, this
2:00 pm. Located at our La
modern property offers a
Cañada Flintridge, Pasadena,
secure setting with a scenic
Sierra Madre, Monrovia, and
view of the mountains from
Glendora offices...
a quiet cul-de-sac....
Photography © Aerious Plus
Santa Monica Palm Springs La Cañada Flintridge Pasadena
Altadena Sierra Madre Monrovia Glendora
626.683.0777
310.275.1000