2021
Q4 MARKET REPORT
Photography © Christopher Amitrano
Your Guide to Los Angeles
Market Performance & Analysis The 2021 housing market can only be described as the hottest on record in Los Angeles and Southern California. In the fourth quarter of 2021, single-family home and condo prices in the Los Angeles market reached record highs in terms of median price and price per square foot. More often than not, prices see a seasonal dip in the fourth quarter, but the desirability of the area has defied these historical norms. When compared to the fourth quarter of 2020, price per square foot for single-family homes appreciated in every LA neighborhood, again highlighting the demand for homes. The number of single-family homes sold declined slightly year-over-year, but must be viewed in the context of the current historically low inventory. The number of sales both increased and decreased by neighborhood; and, in the current circumstances, both directions make sense. Buyers must compete for the limited inventory, so fewer sales occur. At the same time, the growth of highnet-worth buyers exploded over the past two years, so sales in Beverly Hills, for example, increased dramatically year-over-year, up 83%. Conversely, condo inventory is relatively high, so sales have increased across most LA neighborhoods.
Los Angeles County | Market Snapshot Single Family Homes
Condominium Homes
Data*
Q4 2021 Q4 2020 % Change
Data*
Q4 2021 Q4 2020 % Change
Median Price
$888,000
$801,169
10.84%
Median Price
$639,500
$550,000
16.27%
Avg. Price / Sq. Ft.
$643
$553
16.24%
Avg. Price / Sq. Ft.
$574
$504
13.80%
Properties Sold
13,532
13,876
-2.48%
Properties Sold
4,942
4,934
0.16%
Days on Market
23
27
-14.81%
Days on Market
26
33
-21.21%
Median Price
Median Price
$888,000
$639,500
vs Q4 2020
$801,169
10.84
Days On The Market
vs Q4 2020
$550,000
Properties Sold 4,942
23
16.27%
27
DAYS
DAYS
Q4 2021
Q4 2020
Q4 2021
4,934
Q4 2020
“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 Q4 2021 NEIGHBORHOOD Baldwin Hills
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
2
$1,860,000
$616
Beverly Hills
53
$8,200,000
$2,087
Beverly Hills PO
43
$3,400,000
$3,253
Beverlywood
55
$1,750,000
$907
Beverly Center - Miracle Mile
55
$2,305,000
$921
Brentwood
83
$3,560,000
$1,230
Cheviot Hills - Rancho Park
24
$2,754,000
$1,054
Culver City
72
$1,495,000
$1,021
Downtown LA
35
$560,000
$522
Hancock Park - Wilshire
66
$2,200,000
$889
Hollywood
35
$1,250,000
$813
Hollywood Hills East
53
$1,799,000
$887
Ladera Heights
12
$1,705,000
$621
2
$1,132,500
$742
Los Feliz
67
$1,805,000
$958
Mid - Los Angeles
93
$1,150,000
$687
Leimert Park
Silver Lake - Echo Park
87
$1,453,000
$954
Studio City
82
$2,025,000
$872
148
$2,500,000
$1,048
5
$1,260,000
$608
Sunset Strip - HH West View Park Westwood - Century City
48
$2,673,225
$1,247
West Hollywood
50
$2,710,000
$1,139
West LA
29
$1,510,000
$988
1,252
$2,320,760
$1,093
TOTAL/AVERAGE
Condominium Homes Q4 2021 NEIGHBORHOOD Baldwin Hills Beverly Hills
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
5
$650,000
$606
29
$1,400,000
$869
NA
NA
NA
Beverlywood
23
$864,000
$651
Beverly Center - Miracle Mile
38
$801,884
$722
Beverly Hills PO
Brentwood
58
$1,062,900
$721
NA
NA
NA
Culver City
86
$706,250
$665
Downtown LA
113
$650,000
$669
Cheviot Hills - Rancho Park
Hancock Park - Wilshire
55
$835,000
$655
Hollywood
42
$665,000
$663
15
$790,000
$592
Ladera Heights
NA
NA
NA
Leimert Park
NA
NA
NA
16
$805,000
$738
6
$608,500
$550
Silver Lake - Echo Park
27
$855,000
$709
Studio City
51
$770,000
$581
Sunset Strip - HH West
33
$780,000
$694
View Park
NA
NA
NA
Westwood - Century City
210
$1,060,000
$747
West Hollywood
134
$903,750
$814
59
$880,000
$675
1,000
$838,182
$684
Hollywood Hills East
Los Feliz Mid - Los Angeles
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 Explore Your Neighborhood Los Angeles Area Los Angeles Area edian Price MM edian Price
2021 2020 Q4Q4 2021 —— Q4Q4 2020
Single Family Homes Single Family Homes 20212021
20202020
Baldwin Baldwin Hills Baldwin Hills Hills
Center - Miracle Beverly Center - Miracle Mile BevBeverly erly Center-M iracle Mile Mile Beverly Hills BeverlyBeverly Hills Hills
Beverly Hills PO Beverly HillsOPO Beverly Hills Post ffice Beverlywood Beverlywood Beverlyw ood Vicinity Brentwood Brentwood Brentw ood Cheviot Hills Park Cheviot - Rancho Cheviot Hills- Rancho -Hills Rancho Park Park Culver Culver CulverCity City City Downtown LA Downtown LA Downtow n L.A. Hancock Park - Wilshire Hancock Park - Wilshire Hancock Park-W ilshire Hollywood Hollywood Hollyw ood Hollywood Hollywood Hills East Hollyw oodHills HillsEast East Ladera Heights Ladera Heights Ladera Heights Leimert Park Leimert Leimert Park Park Los Los Feliz LosFeliz Feliz MidM -id Los Angeles Los Angeles Mid - Los Angeles Silver SilverLake Lake- -Echo EchoPark Silver Lake -Park Echo Park Studio StudioCity City City Studio Sunset Strip HH Sunset Strip - Hollyw ood- H illsWest W Sunset Strip -est HH West View ViewPark Park View Park
West West HollywHollywood ood Vicinity West Hollywood W est L.A. West LA West LA Westw ood - Century City City Westwood - Century City Westwood - Century 0
0
0
2000000
$2M
$2M
4000000
$4M
6000000
$4M $6M
8000000
$8M $6M
10000000
$8M
edian P Price rice Median
Q4 2021 2021 — — Q4 Q4 2020 2020 Q4
CondominiumHH omes Condominium omes 2021 2021
2020 2020
BaldwinHills Baldwin BaldwinHills Hills Beverly Center Beverly Center Beverly Center-M iracle Mile
Beverly Hills Beverly BeverlyHills Hills Beverly Hills PO Beverly BeverlyHills HillsPO PO Beverlywood Beverlywood Beverlyw ood Vicinity Brentwood Brentwood Brentwood Cheviot Hills Park Cheviot CheviotHills Hills--Rancho -Rancho RanchoPark Park Culver City Culver CulverCity City Downtown LA Downtown DowntownLA L.A. Hancock Park Wilshire Hancock Park --Wilshire Hancock Park-W ilshire Hollywood Hollywood Hollywood Hollywood Hills East Hollywood HollywoodHills HillsEast East Ladera Heights Ladera Heights Ladera Heights Leimert Park Leimert LeimertPark Park Los Feliz Los LosFeliz Feliz Mid -Los Los Angeles Mid M-id LosAngeles Angeles Silver Lake Echo Park Silver SilverLake Lake---Echo EchoPark Park Studio City Studio StudioCity City Sunset Strip HH West Sunset Strip Sunset Strip - Hollyw ood--HH H illsWest West View Park View ViewPark Park West Hollywood West West H ollywHollywood ood Vicinity West LA West W est LA L.A. Westwood City Westwood --Century Westwood -Century CenturyCity City
0 00
350000 $350K 700000 $350K
1050000 $700K 1400000 $700K
1750000 $1.05M $1.05M
“Source:The TheMLS/CARETS MLS/CARETS “Source: Note: Someneighborhoods neighborhoods oror Note: Some areas maygenerate generate small areas may smallsample sample sizes whichmay may skew in in sizes which skewdata data onereporting reporting period. anyany one period.This This may dueto to low low turnover oror may bebedue turnover off-market,non-MLS non-MLS sales. off-market, 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
Q4 2021
Q4 2020
% CHANGE
$1,860,000 $616 2 51
$890,000 $614 4 59
73.02% 0.18% -50.00% -13.56%
Q4 2021
Q4 2020
% CHANGE
$650,000 $606 5 21
$660,000 $611 1 7
-1.52% -0.85% 400.00% 200.00%
Q4 2021
Q4 2020
% CHANGE
$8,200,000 $2,087 53 69
$6,975,000 $1,521 29 66
17.56% 37.28% 82.76% 4.55%
Q4 2021
Q4 2020
% CHANGE
$1,400,000 $869 29 37
$1,187,500 $742 22 53
17.89% 17.09% 31.82% -30.19%
Q4 2021
Q4 2020
% CHANGE
$3,400,000 $3,235 43 85
$3,370,000 $949 44 74
0.89% 240.81% -2.27% 14.86%
Q4 2021
Q4 2020
% 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
Q4 2021
Q4 2020
% CHANGE
$1,750,000 $907 55 26
$1,595,000 $898 59 37
9.72% 0.99% -6.78% -29.73%
Q4 2021
Q4 2020
% CHANGE
$864,000 $651 23 36
$694,000 $630 14 34
5.88% 3.37% 64.29% 5.88%
Q4 2021
Q4 2020
% CHANGE
$2,305,000 $921 55 33
$1,875,000 $917 79 33
22.93% 0.45% -30.38% 14.26%
Q4 2021
Q4 2020
% CHANGE
$801,884 $722 38 39
$799,000 $651 35 49
0.36% 10.85% 8.57% -20.41%
Q4 2021
Q4 2020
% CHANGE
$3,560,000 $1,230 83 48
$3,160,000 $1,106 83 51
12.66% 11.19% 0% -5.88%
Q4 2021
Q4 2020
% 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
Q4 2021
Q4 2020
% CHANGE
$2,754,000 $1,054 24 28
$2,500,000 $932 29 46
10.16% 13.17% -17.24% -39.13%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q4 2021
Q4 2020
% CHANGE
$1,495,000 $1,021 72 23
$1,440,000 $914 68 32
3.82% 11.72% 5.88% -28.13%
Q4 2021
Q4 2020
% CHANGE
$706,250 $665 86 25
$641,000 $597 81 34
10.18% 11.37% 34.48% -26.47%
Q4 2021
Q4 2020
% CHANGE
$560,000 $522 35 31
$541,000 $412 27 31
100078.1% 26.58% 29.63% 0%
Q4 2021
Q4 2020
% CHANGE
$650,000 $669 113 54
$560,000 $636 76 80
16.07% 5.10% 48.68% -32.50%
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
Q4 2021
Q4 2020
% CHANGE
$2,200,000 $889 66 20
$1,735,000 $809 95 44
26.80% 9.89% -30.53% -54.55%
Q4 2021
Q4 2020
% CHANGE
$835,000 $655 55 33
$750,000 $555 38 50
11.33% 18.02% 44.74% -34.00%
Q4 2021
Q4 2020
% CHANGE
$1,242,500 $813 35 31
$1,250,00 $779 28 40
0.60% 4.39% 25.00% -22.50%
CONDO
Q4 2021
Q4 2020
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$665,00 $663 42 51
$785,000 $636 39 50
-15.29% 4.22% 7.69% 2.00%
Q4 2021
Q4 2020
% CHANGE
$1,799,000 $887 53 24
$1,580,550 $749 46 44
13.82% 18.41% 15.22% -45.45%
Q4 2021
Q4 2020
% CHANGE
$790,000 $592 15 26
$715,000 $559 17 36
10.49% 5.89% -11.76% -27.78%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market 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
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
Q4 2021
Q4 2020
% CHANGE
$1,705,000 $621 12 16
$1,550,000 $536 10 55
10.00% 15.79% 20.00% -70.91%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
$510,000 $458 2 44
-100.00% -100.00% -100.00% -100.00%
Q4 2021
Q4 2020
% CHANGE
$1,132,500 $742 2 21
$1,188,000 $612 1 6
-4.67% 21.16% 100.00% 250.00%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q4 2021
Q4 2020
% CHANGE
$1,805,000 $958 67 30
$1,890,000 $882 69 42
-4.50% 8.63% -2.90% -28.57%
Q4 2021
Q4 2020
% CHANGE
$805,000 $738 16 27
$687,500 $708 10 29
17.09% 4.31% 60.00% -6.90%
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
Q4 2021
Q4 2020
% CHANGE
$1,150,000 $687 93 29
$940,000 $623 115 40
22.34% 10.26% -19.13% -27.50%
Q4 2021
Q4 2020
% CHANGE
$608,500 $550 6 14
$530,000 $598 8 46
14.81% -8.05% -25.00% -69.57%
Q4 2021
Q4 2020
% CHANGE
$1,453,000 $954 87 18
$1,245,000 $835 129 39
16.71% 14.27% -32.56% -53.85%
Q4 2021
Q4 2020
% CHANGE
$855,000 $709 27 41
$735,000 $626 28 55
16.33% 13.11% -3.57% -25.45%
Q4 2021
Q4 2020
% CHANGE
$2,025,000 $872 82 25
$1,860,000 $738 119 42
8.87% 18.19% -31.09% -40.48%
Q4 2021
Q4 2020
$770,000 $581 51 24
$710,000 $503 63 34
% CHANGE ‘ 8.45% 15.48% -19.05% -29.41%
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
Q4 2021
Q4 2020
% CHANGE
$2,500,000 $1,048 148 44
$2,041,170 $962 131 49
22.48% 8.98% 12.98% -10.20%
Q4 2021
Q4 2020
% CHANGE
$780,000 $694 33 31
$735,500 $724 28 47
6.05% -4.14% 17.86% -34.04%
Q4 2021
Q4 2020
% CHANGE
$1,260,000 $608 5 56
$1,375,000 $526 5 10
-8.36% 15.63% 0.00% 460.00%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q4 2021
Q4 2020
% CHANGE
$2,673,225 $1,247 48 30
$2,314,000 $1,034 58 44
15.52% 20.67% -17.24% -31.82%
Q4 2021
Q4 2020
% CHANGE
$1,060,000 $747 210 46
$922,500 $737 124 57
14.91% 1.32% 69.35% -19.30%
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
Q4 2021
Q4 2020
% CHANGE
$2,710,000 $1,139 50 37
$2,160,000 $1,016 39 52
25.46% 12.17% 28.21% -28.85%
Q4 2021
Q4 2020
% CHANGE
$800,000 $814 134 31
$903,750 $777 111 51
12.97% 4.69% 20.72% -39.22%
Q4 2021
Q4 2020
% CHANGE
$1,510,000 $988 29 41
$1,525,000 $906 35 33
-0.98% 8.97% -17.14% 24.24%
Q4 2021
Q4 2020
% CHANGE
$880,000 $675 59 24
$900,000 $663 42 41
-2.22% 1.71% 40.48% -41.46%
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 fourth quarter of 2021, the median single-family home price in the Westside market reached an all-time high, although we are seeing some cooling on a priceper-square-foot basis, which peaked in the second quarter of 2021. Despite some cooling, single-family home prices are still up over the past year, as indicated by median price and price per square foot, in nearly every neighborhood in Westside LA compared to Q4 2020. Condo prices reached an all-time high based on price per square foot, but the median price was slightly off-peak. The number of single-family homes and condos sold rose year-over-year, which is incredible given the 40% decline in single-family home inventory compared to Q4 2020 and the 33% decline in condo listings. Marina Del Rey, Santa Monica, Playa Vista, and Venice, in particular, experienced huge sales increases. Homes are selling significantly faster in nearly every neighborhood, which illustrates the competitive nature of these markets.
Single Family Homes Q4 2021 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
17
$6,300,000
$2,854
Malibu
60
$3,600,000
$1,433
Marina Del Rey
46
$1,937,500
$987
Pacific Palisades
90
$4,107,500
$1,303
Palms – Mar Vista
95
$1,875,000
$1,060
Playa Vista
10
$2,587,500
$938
Santa Monica
88
$3,475,000
$1,335
Venice
79
$2,520,000
$1,335
$485
$3,300,313
$1,398
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
2
$4,643,107
$3,696
Malibu
13
$1,250,000
$876
Marina Del Rey
95
$1,145,000
$766
Pacific Palisades
22
$1,315,900
$820
Palms – Mar Vista
39
$815,000
$683
Playa Vista
16
$1,025,000
$823
Malibu Beach
TOTAL/AVERAGE
Condominium Homes Q4 2021 NEIGHBORHOOD Malibu Beach
Santa Monica Venice TOTAL/AVERAGE
155
$1,188,888
$992
17
$1,450,000
$944
396
$1,604,112
$1,200
“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 Q4 2021
Single Family Homes
Malibu Beach 17 Malibu Venice
60
79 Marina Del Rey Santa Monica
46
88 Playa Vista 10
Palms | Mar Vista 95
Pacific Palisades 90
Properties Sold Q4 2021
Venice 17
Condominium Homes
Malibu Beach 2 Malibu 13
Marina Del Rey Santa Monica
95
155 Pacific Palisades 22 Palms | Mar Vista Playa Vista
39
53
“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
Q4 2021
Q4 2020
% CHANGE
$6,300,000 $2,854 17 39
$7,600,000 $3,020 27 80
-17.11% -5.51 -37.04% -51.25%
Q4 2021
Q4 2020
% CHANGE
$4,643,107 $3,696 2 42
$3,485,000 $2,228 6 132
33.23% 65.93% -66.67% -68.18%
Q4 2021
Q4 2020
% CHANGE
$3,600,000 $1,433 60 63
$3,275,000 $1,306 61 66
9.92% 9.75% -1.64% -4.55%
Q4 2021
Q4 2020
% CHANGE
$1,250,000 $876 13 30
$1,280,000 $753 18 61
-2.34% 16.38% -27.78% -50.82%
Q4 2021
Q4 2020
% CHANGE
$1,937,500 $987 46 33
$1,900,000 $884 30 59
1.97% 11.58% 53.33% 9.27%
Q4 2021
Q4 2020
% CHANGE
$1,145,000 $766 95 29
$1,122,750 $756 76 35
1.98% 1.25% 25.00% -17.14%
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
Q4 2021
Q4 2020
% CHANGE
$4,107,500 $1,303 90 37
$3,298,000 $1,156 89 43
24.55% 12.64% 1.12% -13.95%
Q4 2021
Q4 2020
% CHANGE
$1,315,000 $820 22 34
$1,150,000 $728 21 39
14.43% 12.73% 4.76% -12.82%
Q4 2021
Q4 2020
% CHANGE
$1,875,000 $1,060 95 20
$1,800,000 $967 101 31
4.17% 9.61% -5.94% -35.48%
Q4 2021
Q4 2020
% CHANGE
$815,000 $683 39 29
$739,500 $662 30 40
10.21% 3.19% 30.00% -27.50%
Q4 2021
Q4 2020
% CHANGE
$2,587,500 $938 10 11
$2,132,500 $7677 14 54
-21.34% 22.38% -28.57% -79.63%
Q4 2021
Q4 2020
% CHANGE
$1,025,000 $823 53 16
$1,065,000 $746 31 48
-3.76% 10.35% 70.97% -66.67%
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
Q4 2021
Q4 2020
% CHANGE
$3,475,000 $1,335 88 33
$2,930,000 $1,260 62 43
18.60% 5.99% 41.94%% -23.26%
Q4 2021
Q4 2020
% CHANGE
$1,188,888 $992 155 33
$1,050,000 $904 143 47
13.23% 9.81% 8.39% -29.79%
Q4 2021
Q4 2020
% CHANGE
$2,520,000 $1,276 79 49
$2,007,500 $1,181 66 57
25.53% 8.03% 19.70% -14.04%
Q4 2021
Q4 2020
% CHANGE
$1,450,000 $944 17 40
$1,350,000 $963 11 61
7.41% -1.98% 54.55% -34.43%
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 Nearly every metric indicates that everyone wants to live here, with trends being remarkably consistent across neighborhoods. In the fourth quarter of 2021, singlefamily home and condo prices reached record highs in terms of price per square foot. In fact, every single neighborhood had a year-over-year increase in average price per square foot, and most were double-digit gains (16–19% on average). Median condo prices reached alltime highs, while the median single-family home price fell slightly from the Q3 2021 peak. Homes are selling extremely quickly, and the number of sales has barely declined despite the record low inventory for both single-family homes and condos.
“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 Q4 2021 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Alhambra
55
$910,000
$674
Arcadia
114
$1,590,000
$645
Altadena
93
$1,155,375
$756
Bradbury
4
$1,590,500
$608
70
$877,500
$503
Claremont Duarte
42
$657,500
$565
Eagle Rock
69
$1,264,000
$813
139
$840,000
$506
81
$1,100,000
$843
Glendora Highland Park La Crescenta / Glendale
84
$1,200,000
$754
La Cañada Flintridge
71
$2,265,000
$848
La Verne
74
$883,750
$473
Monrovia
68
$975,500
$630
Mount Washington
54
$1,166,000
$844
Pasadena NE
93
$1,175,000
$773
Pasadena NW
40
$1,415,000
$792
Pasadena SE
53
$1,688,000
$842
Pasadena SW
37
$2,200,000
$885
Rosemead / S. San Gabriel
34
$830,000
$621
San Dimas
73
$870,000
$484
San Gabriel
72
$1,052,500
$645
San Marino
42
$2,527,500
$887
Sierra Madre
33
$1,451,000
$783
South Pasadena
37
$1,609,000
$1,000
Sunland - Tujunga
119
$855,000
$609
TOTAL/AVERAGE
1,651
$1,285,925
$711
Condominium Homes Q4 2021 NEIGHBORHOOD Alhambra Arcadia
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
41
$670,000
$497
57
$916,000
$520
Altadena
NA
NA
NA
Bradbury
NA
NA
NA
Claremont
9
$680,000
$436
Duarte
15
$450,000
$443
2
$692,500
$506
Glendora
21
$658,000
$414
Highland Park
10
$518,000
$609
Eagle Rock
La Crescenta / Glendale
17
$673,000
$546
NA
NA
NA
La Verne
10
$387,000
$443
Monrovia
11
$653,000
$468
1
$449,000
$802
Pasadena NE
20
$772,000
$572
Pasadena NW
17
$750,000
$600
La Cañada Flintridge
Mount Washington
Pasadena SE
91
$738,000
$627
Pasadena SW
35
$955,000
$627
9
$590,000
$448
22
$566,000
$453
San Gabriel
31
$788,000
$506
San Marino
NA
NA
NA
4
$752,500
$562
Rosemead / S. San Gabriel San Dimas
Sierra Madre South Pasadena
19
$755,000
$656
Sunland - Tujunga
20
$572,500
$483
TOTAL/AVERAGE
461
$635,705
$510
“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
Q4 2021
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
3000000
2400000 $2.4M
1800000 $1.8M
1200000 $1.2M
600000 600K
00
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
Q4 2021
Duarte
Claremont
Bradbury
Altadena
Arcadia
Alhambra
Median Price
Condominium Homes
1200000 $1.2M
$900k 900000
600000 $600k
300000 $300K
00
“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
Q4 2021
Q4 2020
% CHANGE
$910,000 $674 55 21
$810,000 $539 57 21
12.35% 25.00% -3.51% 0.00%
Q4 2021
Q4 2020
% CHANGE
$670,000 $497 41 24
$587,500 $456 52 36
14.04 9.13% -21.15% -33.33%
Q4 2021
Q4 2020
% CHANGE
$1,590,000 $645 114 38
$1,272,500 $577 96 44
24.95% 11.75% 18.75% -13.64%
Q4 2021
Q4 2020
% CHANGE
$916,000 $520 43 29
$705,000 $464 57 35
29.931% 11.93% 32.56% -17.14%
Q4 2021
Q4 2020
% CHANGE
$1,155,375 $756 93 23
$1,054,999 $616 92 28
9.51% 22.70% 1.09% -17.86%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
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
Q4 2021
Q4 2020
% CHANGE
$1,590,500 $608 4 32
$1,986,000 $466 5 248
-19.91% 30.42% -20.00% -87.10%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q4 2021
Q4 2020
% CHANGE
$877,500 $503 70 21
$800,000 $398 90 26
9.69%% 26.17% -22.22% -19.23%
Q4 2021
Q4 2020
% CHANGE
$680,000 $436 9 21
$520,000 $344 15 22
30.77% 26.83% -40.00% -4.55%
Q4 2021
Q4 2020
% CHANGE
$657,500 $565 42 16
$655,000 $485 30 19
0.38% 16.44% 40.00% -15.79%
Q4 2021
Q4 2020
% CHANGE
$450,000 $443 15 18
$433,694 $385 12 15
3.76% 14.97% 25.00% 20.00%
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
Q4 2021
Q4 2020
% CHANGE
$1,264,000 $813 69 21
$990,000 $707 61 32
27.68% 15.00% 13.11% -34.38%
Q4 2021
Q4 2020
% CHANGE
$692,500 $506 2 29
$644,000 $417 1 82
7.53% 21.22% 100.00% -64.63%
Q4 2021
Q4 2020
% CHANGE
$840,000 $506 139 18
$762,500 $451 136 21
10.16% 12.27% 2.21% -14.29%
Q4 2021
Q4 2020
% CHANGE
$658,000 $414 21 16
$510,000 $354 34 34
29.02% 16.88% -38.24% -52.94%
Q4 2021
Q4 2020
% CHANGE
$1,100,000 $843 81 23
$949,990 $751 98 38
15.79% 12.16% -17.35% -39.47%
Q4 2021
Q4 2020
% CHANGE
$518,000 $609 10 17
$538,500 $564 10 22
-3.81% 7.86% -0.00% -22.73%
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
Q4 2021
Q4 2020
% CHANGE
$1,200,000 $754 84 23
$1,050,000 $634 92 28
14.29% 18.87% -8.70% -17.86%
Q4 2021
Q4 2020
% CHANGE
$673,000 $546 17 17
$640,000 $470 31 35
21.31% 16.15% -45.16% -96.59%
Q4 2021
Q4 2020
% CHANGE
$2,265,000 $848 71 42
$1,920,000 $700 79 44
17.97% 21.12% -10.13% -4.55%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
$1,050,000 $561 3 34
NA NA NA NA
Q4 2021
Q4 2020
% CHANGE
$883,750 $473 74 24
$795,000 $402 93 20
11.16% 17.87% -2.56% 20.00%
Q4 2021
Q4 2020
% CHANGE
$387,000 $443 10 18
$331,500 $394 13 11
16.74% 12.37% -23.08% 63.64%
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
Q4 2021
Q4 2020
% CHANGE
$975,500 $630 68 27
$850,000 $558 75 29
14.76% 12.87% -9.33% -6.90%
Q4 2021
Q4 2020
% CHANGE
$653,000 $468 11 23
$522,500 $410 24 19
24.98% 14.13% -54.17% 21.05%
Q4 2021
Q4 2020
% CHANGE
$1,166,000 $844 54 25
$1,050,000 $744 52 31
11.05% 13.51% 3.85% -19.35%
Q4 2021
Q4 2020
% CHANGE
$449,000 $802 1 54
$426,000 $621 1 90
5.40% 29.11% 0.00% -40.00%
Q4 2021
Q4 2020
% CHANGE
$1,175,000 $773 93 24
$1,038,500 $658 112 26
13.14% 17.57% -19.96% -7.69%
Q4 2021
Q4 2020
% 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
Q4 2021
Q4 2020
% CHANGE
$1,415,000 $792 40 30
$1,220,000 $645 57 32
15.98% 22.78% -29.82% -6.25%
Q4 2021
Q4 2020
% CHANGE
$750,000 $600 17 34
$629,500 $563 11 41
19.14% 6.57% 54.55% -17.07%
Q4 2021
Q4 2020
% CHANGE
$1,688,000 $842 53 25
$1,511,200 $683 54 49
11.70% 23.24% -1.85% -48.98%
Q4 2021
Q4 2020
% CHANGE
$738,000 $627 91 31
$620,000 $549 105 31
19.03% 14.14% -13.33% 0.00%
Q4 2021
Q4 2020
% CHANGE
$2,200,000 $885 37 35
$1,800,000 $744 41 43
22.22% 18.96% -9.76% -18.60%
Q4 2021
Q4 2020
% 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
Q4 2021
Q4 2020
% CHANGE
$830,000 $621 34 27
$730,000 $488 29 16
13.70% 27.33% 17.24% 68.75%
Q4 2021
Q4 2020
% CHANGE
$590,000 $448 9 13
$582,000 $338 8 33
1.29% 32.62% 12.50% -60.61%
Q4 2021
Q4 2020
% CHANGE
$870,000 $484 73 23
$755,000 $405 75 25
15.23% 19.41% -2.67% -8.00%
Q4 2021
Q4 2020
% CHANGE
$566,000 $453 22 11
$470,000 $351 23 16
20.43% 29.22% -4.35% -31.25%
Q4 2021
Q4 2020
% CHANGE
$1,052,500 $645 72 22
$893,000 $572 60 25
17.86% 12.75% 20.00% -12.00%
Q4 2021
Q4 2020
% CHANGE
$788,000 $506 31 22
$571,000 $434 20 29
38.00% 16.43% 55.00% -24.14%
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
Q4 2021
Q4 2020
% CHANGE
$2,527,500 $887 42 42
$2,175,000 $811 30 54
16.21% 9.29% 40.00% -22.22%
Q4 2021
Q4 2020
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q4 2021
Q4 2020
% CHANGE
$1,451,000 $783 33 15
$1,200,000 $635 35 26
20.92% 23.31% -5.71% -42.31%
Q4 2021
Q4 2020
% CHANGE
$752,500 $562 4 7
$550,000 $519 1 13
36.82% 8.33% 300.00% -46.15%
Q4 2021
Q4 2020
% CHANGE
$1,609,000 $1,000 37 28
$1,635,000 $850 29 31
-1.59% 17.65% 27.59% -9.68%
Q4 2021
Q4 2020
% CHANGE
$755,000 $656 19 20
$880,000 $639 14 13
-14.20% 2.74% 35.71% 53.85%
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
Q4 2021
Q4 2020
% CHANGE
$855,000 $609 119 23
$760,000 $525 130 28
12.50% 16.14% -8.46% -17.86%
Q4 2021
Q4 2020
% CHANGE
$572,500 $483 20 18
$450,000 $373 15 36
27.22% 29.74% 33.33% -50.00%
Explore Your Neighborhood Coachella Valley The only place more in demand than the San Gabriel Valley just might be the Coachella Valley. If it weren’t a stunning desert oasis, we might even be surprised. The lifestyle, the architecture, and the landscape have brought buyers in like never before. In the fourth quarter of 2021, 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 (27–29% on average) and average price per square foot (30% on average) — truly unique price appreciation that solidifies the desirability of the area. Like the rest of Southern California, inventory is extremely low and has caused sales to decline. In this instance, we do not view the drop in sales as a sign of the market cooling.
“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
Q4 2021 – Q4 2020 2020
Single Family Homes
2021 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
054
004
053
400
003
300
052
002
051
200
001
100
05
0
0
0 5 0 1 0 01 5 02 0 02 5 03 0 03 5 04 0 04 5 0
0
100
200
300
400
Properties Sold
Q4 2021 – Q4 2020 Condominium Homes 2020
2021 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
042
002
200
061
160
021
120
08
80
04
40
0
0
0
0
4 0
40
8 0
80
1 2 0
120
1 6 0
160
2 0 0
200
2 4 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 Coachella Valley Area Cathedral City North SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2021
Q4 2020
% CHANGE
$500,000 $285 132 40
$415,000 $230 142 47
20.48% 23.82% -7.04% -14.89%
Q4 2021
Q4 2020
% CHANGE
$275,000 $232 31 22
$185,250 $164 32 75
48.45% 41.99% -3.13% -70.67%
Q4 2021
Q4 2020
% CHANGE
$560,000 $347 45 39
$435,000 $287 46 51
28.74% 21.13% -2.17% -23.53%
Q4 2021
Q4 2020
% CHANGE
$271,000 $230 22 33
$246,500 $180 31 64
9.94% 27.65% -29.03% -48.44%
Q4 2021
Q4 2020
% CHANGE
$1,689,500 $504 59 45
$1,190,000 $388 130 102
41.97% 30.17% -54.62% -55.88%
Q4 2021
Q4 2020
% CHANGE
$625,000 $342 21 40
$472,000 $271 41 131
32.42% 25.97% -48.78% -69.47%
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
Q4 2021
Q4 2020
% CHANGE
$582,500 $315 46 34
$500,000 $227 55 39
16.50% 38.53% -16.36% -12.82%
Q4 2021
Q4 2020
% CHANGE
$313,000 $281 6 28
$252,500 $253 12 45
23.96% 11.40% -50.00% -37.78%
La Quinta South Of HWY 11 - 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
Q4 2021
Q4 2020
% CHANGE
$772,950 $388 304 42
$700,000 $307 420 69
10.42% 26.39% -27.62% -39.13%
Q4 2021
Q4 2020
% CHANGE
$620,000 $365 65 34
$445,000 $242 110 53
39.33% 51.13% -40.91% -35.85%
Q4 2021
Q4 2020
% CHANGE
$610,000 $334 99 35
$520,000 $254 100 52
17.31% 31.82% -1.00% -32.69%
Q4 2021
Q4 2020
% CHANGE
$425,000 $295 119 31
$325,000 $218 195 67
30.77% 35.70% -38.97% -53.73%
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
Q4 2021
Q4 2020
% CHANGE
$670,000 $318 68 40
$525,000 $254 72 39
27.62% 25.29% -5.56% -2.56%
Q4 2021
Q4 2020
% CHANGE
$460,500 $298 66 28
$345,000 $220 89 84
33.48% 35.19% -25.84% -66.67%
Q4 2021
Q4 2020
% CHANGE
$967,000 $478 74 44
$700,000 $368 87 74
38.14% 29.86% -14.94% -40.54%
Q4 2021
Q4 2020
% CHANGE
$425,000 $329 59 32
$348,000 $252 81 81
22.13% 30.87% -27.16% -60.49%
Q4 2021
Q4 2020
% CHANGE
$1,250,000 $668 49 38
$969,000 $507 101 44
29.00% 31.77% -51.49% -13.64%
Q4 2021
Q4 2020
% 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
Q4 2021
Q4 2020
% CHANGE
$815,000 $492 106 35
$560,000 $347 123 36
45.54% 41.83% -13.82% -2.78%
Q4 2021
Q4 2020
% CHANGE
$289,000 $320 58 20
$236,000 $276 61 56
22.78% 15.82% -4.92% -64.29%
Q4 2021
Q4 2020
% CHANGE
$1,002,625 $583 91 34
$1,200,000 $478 112 44
19.69% 21.94% -18.75% -22.73%
Q4 2021
Q4 2020
% CHANGE
$405,000 $329 122 ‘ 30
$320,000 $254 209 50
26.56% 29.66% -41.63% -40.00%
Q4 2021
Q4 2020
% CHANGE
$950,000 $396 163 38
$739,000 $298 237 73
28.55% 33.09% -31.22% -47.95%
Q4 2021
Q4 2020
% CHANGE
$484,000 $283 88 34
$390,000 $213 122 73
24.10% 32.74% -27.87% -53.42%
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 deasy penner podley dedicates its residential real estate practice to the principle that every home is art. With offices from Malibu to Palm Springs – as well as an International network of likeminded brokerages globally, deasypennerpodley brings decades of experience and unmatched expertise in sourcing your most important asset. With 300 exceptional partner-agents, our specialized, collaborative team approach and unique brand transcends other traditional brokerages – allowing us to be a truly integrated, regional firm with a distinct voice. 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 provide our clients with the tech and tools that outpace the biggest brokerages, while remaining community-driven, locallyowned and solidly boutique. Recently awarded global Most Innovative Brokerage by LeadingRE.
We are a boutique, independently-owned firm operating alongside our strategic technology partner, Side — the Silicon Valley real estate technology firm. We’re not the biggest, just the best. Our corporate headquarters are in your backyard, not across the county. Decisions are made locally, allowing us to be more nimble, innovative, and proactive t han 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. Being fortified by a world-class technology company gives our agents and clients the tools to thrive in today’s ultra-competitive real estate market. 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 dppre.com
Pierre Koenig’s Wilheim House Asks $2.9M in Los Angeles Koenig, a World War II veteran, earned an architecture degree in 1952 from the University of
deasy penner podley
Southern California. The young
listings are consistently
architect became interested in
featured in local, regional
steel framing for houses, and
and national publications.
when one of his professors
Our in-house design-
rejected the idea, Koenig
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:
dppre.com
successfully designed...
San Rafael Hills Contemporary Thoughtfully re-imagined,
Deasy Penner Podley, Partners With Side To Launch DPP
this San Rafael Hills
Deasy Penner Podley has
contemporary residence
announced its strategic
offers a sleek twist on its
partnership with the real
original 1950s mid-century
estate industry disrupter
design. Swanky and
Side. To fully leverage
sophisticated, the home’s
Side’s technology, business
split-level configuration
strategy, training, and
provides versatile living
marketing, as well as
options....
brokerage infrastructural support...
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