Micro Market Report
January 2024
Los Angeles County Orange County Santa Barbara County Monterey County Riverside County San Diego County
Luxury Real Estate Market Research
Reading the Report
Each Micro Market area contains an analysis of current conditions and past trends. In order to take the most away from this report, it is important to understand how to read each micro market. Data presents statistical information about past and current conditions, comparing the previous year’s month to the current month. Each statistic is compiled from sales data during the month of the respective year. It is then analyzed by Percent Change, which is calculated by taking Current Value minus Past Value and then divided by Past Value. Current Market Report is a compilation of important take-away statistics for each area to gain a quick understanding of market conditions. Median Sales Price and Days on market are 12 month averages for the period ending in the current month. The values for Properties for Sale and Shadow Inventory are presented in both text and graphical form to show the relationship of Shadow to Active Inventory. The Yearly Trend presents the Median Sales Prices for each month during the past year in graphical format to easily visualize the changes and help identify any trends in sales for that micro market.
Median Price:
A value that separates the upper half of prices from the lower half of prices. It can be interpreted like an average, however the extreme prices (high and low) do not hold undue influence.
Average Price per Square Foot:
The price of each property divided by their respective square footage then averaged across all properties sold in the area for a given time period.
Properties Sold:
The number of property transactions that closed and transferred ownership.
Properties Pending Sale:
The number of properties that entered escrow in preparation for sale.
Properties For Sale:
The number of properties on the market and seeking buyers.
Days on Market (Pending Sale): The number of days that properties currently in escrow were on the market.
Percent Under Contract:
The ratio of properties for sale to properties pending sale.
Average Median Price for Last 12: The Average Median Price for the Last 12 Months is sales data from 12 months ending in the identified month.
Table of Contents
Los Angeles County 4 Orange County 93 Santa Barbara County
139
Monterey County 148 Riverside County 158 San Diego County
175
Condominiums 206
Los Angeles County Single Family Residences
4
Los Angeles County Macro
West Los Angeles
North Hollywood
Bel Air - Holmby Hills
Westchester
Shadow Hills
Beverly Center - Miracle Mile
Westwood - Century City
Sherman Oaks
Beverly Hills
West Adams
Studio City
Beverly Hills P.O.
South Bay Macro
Sun Valley
Beverlywood
El Segundo
Sunland - Tujunga
Brentwood
Hermosa Beach
Tarzana
Cheviot Hills - Rancho Park
Manhattan Beach
Toluca Lake
Culver City
Manhattan Mira Costa
Valley Village
Downtown Los Angeles
Manhattan Beach Sand
Westlake Village
Hancock Park - Wilshire
Manhattan Beach Tree
Woodland Hills
Hollywood
Palos Verdes Estates
San Gabriel Valley Macro
Hollywood Hills East
Rancho Palos Verdes
Alhambra
Inglewood
Redondo Beach - North
Altadena
Ladera Heights
Redondo Beach - South
Arcadia
Laurel Canyon
Rolling Hills
Duarte
Los Feliz
Rolling Hills Estates
Eagle Rock
Malibu
San Pedro
La Canada Flintridge
Malibu Beach
Torrance - County Strip
Monrovia
Marina Del Rey
Torrance - North
Pasadena
Mid Los Angeles
Torrance - South
San Gabriel
Mid Wilshire
Torrance - Southeast
San Marino
Pacific Palisades
Torrance - West
Sierra Madre
Palms - Mar Vista
San Fernando Macro
South Pasadena
Park Hills Heights
Agoura Hills
Playa Del Rey
Burbank
Playa Vista
Calabasas
Santa Monica
Encino
Sunset Strip - Hollywood Hills West
Glendale
Venice
Hidden Hills
West Hollywood
La Crescenta
Micro Market Report : January 2024
Los Angeles County
Country
United States
At a Glance
State
California
Region
Greater Los Angeles
Formed
1850
County seat
Los Angeles
Largest City (Area)
Los Angeles
Largest City (Population)
Los Angeles
Incorporated Cities
88
Area Total
4,751 mi2 (12,310km2)
Land
4,058 mi2 (10,510km2)
Water
693 mi2 (1,790km2)
Highest Elevation
10,068 ft (3,069m)
Population Total
9,861,224
Density
2,430/mi2 (940/km2)
GDP
$712 Billion
Micro Market Report : January 2024
5
Los Angeles County Single Family Residences, January 2024
Current Market Snapshot
$899,000 Median Sales Price
$665 Average $/SF
$845
Jan Feb Mar
6.4% ∆ YOY
Apr May Jun Jul Aug
7.3% ∆ YOY
Sep
11,060
Properties For Sale
Oct Nov Dec
-16.2% ∆ YOY
Jan
$899 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$845,000
$940,000
$940,000
$899,000
6.4%
Average Price per Square Foot
$620
$674
$681
$665
7.3%
Properties Sold
1993
2780
2679
2083
4.5%
Properties Pending Sale
2325
2795
2594
2534
9.0%
Properties For Sale
13,198
13,055
13,370
11,060
-16.2%
Days on Market (Pending Sale)
46
25
29
38
-19.0%
Percent Under Contract
17.6%
21.4%
19.4%
22.9%
30.1%
Average Median Price for Last 12 Months
$922,700
$930,417
$918,000
$911,462
-1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles County Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
6
Micro Market Report : January 2024
Bel-Air Holmby Hills Single Family Residences, January 2024
Current Market Snapshot
$2,057,500 Median Sales Price
Feb
-5.3% ∆ YOY
Mar Apr May
$1,067 Average $/SF
$2.172
Jan
Jun Jul Aug
19.5% ∆ YOY
Sep
125
Oct Nov Dec
Properties For Sale
-9.4% ∆ YOY
Jan
$2.057 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,172,500
$2,112,500
$3,517,500
$2,057,500
-5.3%
Average Price per Square Foot
$893
$1,212
$1,576
$1,067
19.5%
Properties Sold
10
8
10
8
-20.0%
Properties Pending Sale
7
12
7
9
28.6%
Properties For Sale
138
141
134
125
-9.4%
Days on Market (Pending Sale)
49
26
53
69
41.5%
Percent Under Contract
5.1%
8.5%
5.2%
7.2%
41.9%
Average Median Price for Last 12 Months
$3,498,292
$2,987,713
$2,413,592
$2,922,271
-19.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Bel-Air Holmby Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
7
Beverly Center - Miracle Mile Single Family Residences, January 2024
Current Market Snapshot
$2,157,000 Median Sales Price
$822 Average $/SF
$1.404
Jan Feb
53.6% ∆ YOY
Mar Apr May Jun Jul Aug
-7.3% ∆ YOY
Sep
74
Oct Nov Dec
Properties For Sale
27.6% ∆ YOY
Jan
$2.157 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,404,500
$2,200,000
$2,045,000
$2,157,000
53.6%
Average Price per Square Foot
$887
$903
$905
$822
-7.3%
Properties Sold
4
17
13
10
150.0%
Properties Pending Sale
7
9
8
10
42.9%
Properties For Sale
58
77
82
74
27.6%
Days on Market (Pending Sale)
49
27
32
36
-28.2%
Percent Under Contract
12.1%
11.7%
9.8%
13.5%
12.0%
Average Median Price for Last 12 Months
$2,368,694
$2,444,917
$2,579,833
$2,213,385
-7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Beverly Center - Miracle Mile Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
8
Micro Market Report : January 2024
Beverly Hills Single Family Residences, January 2024
Current Market Snapshot
$8,896,875 Median Sales Price
Feb
89.3% ∆ YOY
Mar Apr May
$1,589 Average $/SF
$4.700
Jan
Jun Jul Aug
26.5% ∆ YOY
Sep
125
Oct Nov Dec
Properties For Sale
8.7% ∆ YOY
Jan
$8.896 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$4,700,000
$8,863,000
$5,800,000
$8,896,875
89.3%
Average Price per Square Foot
$1,256
$1,999
$2,023
$1,589
26.5%
Properties Sold
7
6
10
11
57.1%
Properties Pending Sale
5
2
12
8
60.0%
Properties For Sale
115
109
131
125
8.7%
Days on Market (Pending Sale)
20
94
38
22
8.3%
Percent Under Contract
4.3%
1.8%
9.2%
6.4%
47.2%
Average Median Price for Last 12 Months
$6,997,733
$6,191,146
$7,340,625
$6,275,221
-11.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Beverly Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
9
Beverly Hills- Post Office Single Family Residences, January 2024
Current Market Snapshot
$3,642,500 Median Sales Price
Feb
-18.8% ∆ YOY
Mar Apr May
$1,039 Average $/SF
$4.487
Jan
Jun Jul Aug
-13.2% ∆ YOY
Sep
135
Oct Nov Dec
Properties For Sale
-6.2% ∆ YOY
Jan
$3.642 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$4,487,500
$4,200,000
$2,850,000
$3,642,500
-18.8%
Average Price per Square Foot
$1,197
$1,223
$1,107
$1,039
-13.2%
Properties Sold
6
9
11
4
-33.3%
Properties Pending Sale
5
11
6
10
100.0%
Properties For Sale
144
149
154
135
-6.2%
Days on Market (Pending Sale)
55
73
42
56
1.3%
Percent Under Contract
3.5%
7.4%
3.9%
7.4%
113.3%
Average Median Price for Last 12 Months
$3,706,167
$4,366,667
$5,570,000
$4,240,070
12.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Beverly Hills- Post Office Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
10
Micro Market Report : January 2024
Beverlywood Single Family Residences, January 2024
Current Market Snapshot
$1,499,500 Median Sales Price
$999 Average $/SF
$1.500
Jan Feb
-0.0% ∆ YOY
Mar Apr May Jun Jul Aug
19.4% ∆ YOY
Sep
55
Oct Nov Dec
Properties For Sale
-11.3% ∆ YOY
Jan
$1.499 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,500,000
$1,835,000
$1,565,000
$1,499,500
-0.0%
Average Price per Square Foot
$837
$1,065
$861
$999
19.4%
Properties Sold
9
8
10
6
-33.3%
Properties Pending Sale
8
9
9
14
75.0%
Properties For Sale
62
55
64
55
-11.3%
Days on Market (Pending Sale)
51
25
15
41
-18.5%
Percent Under Contract
12.9%
16.4%
14.1%
25.5%
97.3%
Average Median Price for Last 12 Months
$1,754,667
$1,859,479
$1,743,125
$1,790,283
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Beverlywood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
11
Brentwood Single Family Residences, January 2024
Current Market Snapshot
$5,600,000 Median Sales Price
Feb
51.6% ∆ YOY
Mar Apr May
$1,238 Average $/SF
$3.695
Jan
Jun Jul Aug
19.4% ∆ YOY
Sep
111
Oct Nov Dec
Properties For Sale
-9.8% ∆ YOY
Jan
$5.600 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,695,000
$3,714,500
$4,165,000
$5,600,000
51.6%
Average Price per Square Foot
$1,037
$1,252
$1,309
$1,238
19.4%
Properties Sold
7
18
11
7
0.0%
Properties Pending Sale
13
16
10
12
-7.7%
Properties For Sale
123
139
125
111
-9.8%
Days on Market (Pending Sale)
41
30
39
40
-2.3%
Percent Under Contract
10.6%
11.5%
8.0%
10.8%
2.3%
Average Median Price for Last 12 Months
$4,119,700
$3,960,500
$4,441,833
$4,082,192
-0.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Brentwood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
12
Micro Market Report : January 2024
Cheviot Hills - Rancho Park Single Family Residences, January 2024
Current Market Snapshot
$2,008,000 Median Sales Price
$982 Average $/SF
-13.3% ∆ YOY
$2.315
Jan Feb Mar Apr May Jun Jul Aug
7.9% ∆ YOY
Sep
15
Oct Nov Dec
Properties For Sale
-21.1% ∆ YOY
Jan
$2.008 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,315,500
$2,655,000
$4,997,500
$2,008,000
-13.3%
Average Price per Square Foot
$910
$816
$1,015
$982
7.9%
Properties Sold
2
4
4
5
150.0%
Properties Pending Sale
2
6
3
4
100.0%
Properties For Sale
19
24
18
15
-21.1%
Days on Market (Pending Sale)
10
29
23
31
221.1%
Percent Under Contract
10.5%
25.0%
16.7%
26.7%
153.3%
Average Median Price for Last 12 Months
$2,766,031
$3,040,917
$2,824,333
$2,989,885
7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Cheviot Hills - Rancho Park Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
13
Culver City Single Family Residences, January 2024
Current Market Snapshot
$1,800,000 Median Sales Price
Feb
20.0% ∆ YOY
Mar Apr May
$1,081 Average $/SF
$1.500
Jan
Jun Jul Aug
20.0% ∆ YOY
Sep
69
Oct Nov Dec
Properties For Sale
3.0% ∆ YOY
Jan
$1.800 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,500,000
$1,375,000
$1,739,500
$1,800,000
20.0%
Average Price per Square Foot
$901
$1,033
$988
$1,081
20.0%
Properties Sold
9
15
16
7
-22.2%
Properties Pending Sale
12
15
20
12
0.0%
Properties For Sale
67
81
78
69
3.0%
Days on Market (Pending Sale)
32
19
31
38
16.2%
Percent Under Contract
17.9%
18.5%
25.6%
17.4%
-2.9%
Average Median Price for Last 12 Months
$1,714,980
$1,702,000
$1,680,833
$1,608,346
-6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Culver City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
14
Micro Market Report : January 2024
Downtown Single Family Residences, January 2024
Current Market Snapshot
$540,000 Median Sales Price
$419
Average $/SF
$537
Jan Feb Mar
0.6% ∆ YOY
Apr May Jun Jul Aug
-23.0% ∆ YOY
Sep
48
Oct Nov Dec
Properties For Sale
-11.1% ∆ YOY
Jan
$540 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$537,000
$655,000
$570,000
$540,000
0.6%
Average Price per Square Foot
$544
$465
$627
$419
-23.0%
Properties Sold
4
5
5
9
125.0%
Properties Pending Sale
7
3
13
11
57.1%
Properties For Sale
54
51
52
48
-11.1%
Days on Market (Pending Sale)
62
9
48
49
-21.2%
Percent Under Contract
13.0%
5.9%
25.0%
22.9%
76.8%
Average Median Price for Last 12 Months
$587,792
$594,750
$578,333
$588,115
0.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Downtown Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
15
Hancock Park - Wilshire Single Family Residences, January 2024
Current Market Snapshot
$2,528,500 Median Sales Price
$871
Average $/SF
$2.220
Jan Feb
13.9% ∆ YOY
Mar Apr May Jun Jul Aug
-13.5% ∆ YOY
Sep
62
Oct Nov Dec
Properties For Sale
-22.5% ∆ YOY
Jan
$2.528 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,220,000
$1,822,000
$1,990,000
$2,528,500
13.9%
Average Price per Square Foot
$1,007
$1,048
$954
$871
-13.5%
Properties Sold
5
14
13
12
140.0%
Properties Pending Sale
8
10
10
10
25.0%
Properties For Sale
80
92
91
62
-22.5%
Days on Market (Pending Sale)
47
25
67
85
82.1%
Percent Under Contract
10.0%
10.9%
11.0%
16.1%
61.3%
Average Median Price for Last 12 Months
$2,145,506
$2,298,463
$2,531,167
$2,341,376
8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Hancock Park - Wilshire Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
16
Micro Market Report : January 2024
Hollywood Single Family Residences, January 2024
Current Market Snapshot
$1,360,000 Median Sales Price
$787
Average $/SF
$1.782
Jan Feb
-23.7% ∆ YOY
Mar Apr May Jun Jul Aug
-8.1% ∆ YOY
Sep
70
Oct Nov Dec
Properties For Sale
48.9% ∆ YOY
Jan
$1.360 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,782,500
$1,332,500
$1,317,500
$1,360,000
-23.7%
Average Price per Square Foot
$856
$842
$919
$787
-8.1%
Properties Sold
2
6
4
5
150.0%
Properties Pending Sale
4
5
13
9
125.0%
Properties For Sale
47
69
79
70
48.9%
Days on Market (Pending Sale)
39
43
80
57
47.3%
Percent Under Contract
8.5%
7.2%
16.5%
12.9%
51.1%
Average Median Price for Last 12 Months
$1,446,417
$1,380,292
$1,329,917
$1,418,635
-2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Hollywood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
17
Hollywood Hills East Single Family Residences, January 2024
Current Market Snapshot
$2,015,000 Median Sales Price
$831
Average $/SF
$2.075
Jan Feb
-2.9% ∆ YOY
Mar Apr May Jun Jul Aug
-13.1% ∆ YOY
Sep
60
Oct Nov Dec
Properties For Sale
22.4% ∆ YOY
Jan
$2.015 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,075,000
$1,690,000
$4,300,000
$2,015,000
-2.9%
Average Price per Square Foot
$956
$1,008
$1,047
$831
-13.1%
Properties Sold
4
9
5
5
25.0%
Properties Pending Sale
7
9
9
5
-28.6%
Properties For Sale
49
71
82
60
22.4%
Days on Market (Pending Sale)
38
23
36
145
276.8%
Percent Under Contract
14.3%
12.7%
11.0%
8.3%
-41.7%
Average Median Price for Last 12 Months
$1,857,667
$2,294,583
$2,032,500
$2,031,008
8.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Hollywood Hills East Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
18
Micro Market Report : January 2024
Inglewood Single Family Residences, January 2024
Current Market Snapshot
$766,500 Median Sales Price
$536 Average $/SF
$815
Jan Feb
-6.0% ∆ YOY
Mar Apr May Jun Jul Aug
-0.4% ∆ YOY
Sep
74
Oct Nov Dec
Properties For Sale
-6.3% ∆ YOY
Jan
$766 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$815,500
$820,000
$847,500
$766,500
-6.0%
Average Price per Square Foot
$538
$551
$563
$536
-0.4%
Properties Sold
20
15
12
12
-40.0%
Properties Pending Sale
22
18
13
17
-22.7%
Properties For Sale
79
83
84
74
-6.3%
Days on Market (Pending Sale)
50
36
40
61
22.6%
Percent Under Contract
27.8%
21.7%
15.5%
23.0%
-17.5%
Average Median Price for Last 12 Months
$807,625
$787,750
$783,000
$783,808
-3.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Inglewood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
19
Ladera Heights Single Family Residences, January 2024
Current Market Snapshot
$1,841,013 Median Sales Price
$684 Average $/SF
$1.202
Jan Feb
53.1% ∆ YOY
Mar Apr May Jun Jul Aug
-2.8% ∆ YOY
Sep
18
Oct Nov Dec
Properties For Sale
28.6% ∆ YOY
Jan
$1.841 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,202,500
$1,850,000
$1,797,500
$1,841,013
53.1%
Average Price per Square Foot
$704
$620
$697
$684
-2.8%
Properties Sold
2
3
2
6
200.0%
Properties Pending Sale
1
2
1
6
500.0%
Properties For Sale
14
20
20
18
28.6%
Days on Market (Pending Sale)
22
53
89
38
73.5%
Percent Under Contract
7.1%
10.0%
5.0%
33.3%
366.7%
Average Median Price for Last 12 Months
$1,653,303
$1,756,548
$1,873,263
$1,679,757
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Ladera Heights Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
20
Micro Market Report : January 2024
Laurel Canyon Single Family Residences, January 2024
Current Market Snapshot
$2,087,500 Median Sales Price
$785
Average $/SF
$2.096
Jan Feb
-0.4% ∆ YOY
Mar Apr May Jun Jul Aug
-14.4% ∆ YOY
Sep
138
Oct Nov Dec
Properties For Sale
5.3% ∆ YOY
Jan
$2.087 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,096,000
$2,485,000
$1,728,699
$2,087,500
-0.4%
Average Price per Square Foot
$917
$954
$1,049
$785
-14.4%
Properties Sold
14
15
11
6
-57.1%
Properties Pending Sale
14
18
19
9
-35.7%
Properties For Sale
131
168
165
138
5.3%
Days on Market (Pending Sale)
48
29
35
45
-5.8%
Percent Under Contract
10.7%
10.7%
11.5%
6.5%
-39.0%
Average Median Price for Last 12 Months
$2,253,396
$2,124,748
$2,292,430
$2,189,715
-2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Laurel Canyon Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
21
Los Feliz Single Family Residences, January 2024
Current Market Snapshot
$2,060,000 Median Sales Price
Feb
-13.8% ∆ YOY
Mar Apr May
$1,097 Average $/SF
$2.390
Jan
Jun Jul Aug
4.4% ∆ YOY
Sep
84
Oct Nov Dec
Properties For Sale
35.5% ∆ YOY
Jan
$2.060 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,390,000
$2,400,000
$2,203,000
$2,060,000
-13.8%
Average Price per Square Foot
$1,051
$1,065
$1,100
$1,097
4.4%
Properties Sold
11
15
15
9
-18.2%
Properties Pending Sale
14
10
12
9
-35.7%
Properties For Sale
62
70
87
84
35.5%
Days on Market (Pending Sale)
40
16
51
43
6.9%
Percent Under Contract
22.6%
14.3%
13.8%
10.7%
-52.6%
Average Median Price for Last 12 Months
$2,600,385
$2,318,000
$2,217,167
$2,324,785
-11.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Feliz Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
22
Micro Market Report : January 2024
Malibu Single Family Residences, January 2024
Current Market Snapshot
$4,325,000 Median Sales Price
Feb
92.2% ∆ YOY
Mar Apr May
$1,621 Average $/SF
$2.250
Jan
Jun Jul Aug
21.1% ∆ YOY
Sep
166
Oct Nov Dec
Properties For Sale
40.7% ∆ YOY
Jan
$4.325 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,250,000
$7,200,000
$3,000,000
$4,325,000
92.2%
Average Price per Square Foot
$1,339
$1,312
$1,465
$1,621
21.1%
Properties Sold
9
7
11
14
55.6%
Properties Pending Sale
5
8
11
17
240.0%
Properties For Sale
118
159
178
166
40.7%
Days on Market (Pending Sale)
56
57
56
87
55.6%
Percent Under Contract
4.2%
5.0%
6.2%
10.2%
141.7%
Average Median Price for Last 12 Months
$3,751,542
$3,705,833
$3,603,333
$3,637,038
-3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Malibu Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
23
Malibu Beach Single Family Residences, January 2024
Current Market Snapshot
$4,850,000 Median Sales Price
Feb
-87.9% ∆ YOY
Mar Apr May
$1,503 Average $/SF
$40.000
Jan
Jun Jul Aug
-77.0% ∆ YOY
Sep
86
Oct Nov Dec
Properties For Sale
34.4% ∆ YOY
Jan
$4.850 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$40,000,000
$4,600,000
$8,350,000
$4,850,000
-87.9%
Average Price per Square Foot
$6,531
$2,709
$3,480
$1,503
-77.0%
Properties Sold
1
3
3
2
100.0%
Properties Pending Sale
2
3
2
3
50.0%
Properties For Sale
64
96
92
86
34.4%
Days on Market (Pending Sale)
124
259
83
234
89.7%
Percent Under Contract
3.1%
3.1%
2.2%
3.5%
11.6%
Average Median Price for Last 12 Months
$11,855,961
$12,810,417
$10,437,500
$18,818,231
37.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Malibu Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
24
Micro Market Report : January 2024
Marina Del Rey Single Family Residences, January 2024
Current Market Snapshot
$1,447,000 Median Sales Price
$941
Average $/SF
$3.937
Jan Feb
-63.3% ∆ YOY
Mar Apr May Jun Jul Aug
-40.5% ∆ YOY
Sep
32
Oct Nov Dec
Properties For Sale
-13.5% ∆ YOY
Jan
$1.447 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,937,500
$1,650,000
$2,175,000
$1,447,000
-63.3%
Average Price per Square Foot
$1,581
$987
$850
$941
-40.5%
Properties Sold
4
5
6
3
-25.0%
Properties Pending Sale
5
7
7
5
0.0%
Properties For Sale
37
35
40
32
-13.5%
Days on Market (Pending Sale)
36
33
14
45
26.8%
Percent Under Contract
13.5%
20.0%
17.5%
15.6%
15.6%
Average Median Price for Last 12 Months
$1,970,442
$2,064,083
$1,972,333
$2,111,615
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Marina Del Rey Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
25
Mid Los Angeles Single Family Residences, January 2024
Current Market Snapshot
$913,000 Median Sales Price
$626 Average $/SF
$1.004
Jan Feb Mar
-9.1% ∆ YOY
Apr May Jun Jul Aug
4.0% ∆ YOY
Sep
108
Oct Nov Dec
Properties For Sale
-20.0% ∆ YOY
Jan
$913 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,004,000
$1,025,000
$1,175,000
$913,000
-9.1%
Average Price per Square Foot
$602
$632
$684
$626
4.0%
Properties Sold
20
15
27
18
-10.0%
Properties Pending Sale
23
23
14
19
-17.4%
Properties For Sale
135
137
142
108
-20.0%
Days on Market (Pending Sale)
53
44
31
38
-28.0%
Percent Under Contract
17.0%
16.8%
9.9%
17.6%
3.3%
Average Median Price for Last 12 Months
$1,122,490
$1,048,701
$997,402
$1,039,877
-7.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Mid Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
26
Micro Market Report : January 2024
Mid Wilshire Single Family Residences, January 2024
Current Market Snapshot
$1,174,000 Median Sales Price
$567
Average $/SF
$1.265
Jan Feb
-7.2% ∆ YOY
Mar Apr May Jun Jul Aug
12.3% ∆ YOY
Sep
25
Oct Nov Dec
Properties For Sale
-10.7% ∆ YOY
Jan
$1.174 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,265,000
$1,255,000
$0
$1,174,000
-7.2%
Average Price per Square Foot
$505
$689
$0
$567
12.3%
Properties Sold
1
4
0
2
100.0%
Properties Pending Sale
3
3
3
3
0.0%
Properties For Sale
28
26
27
25
-10.7%
Days on Market (Pending Sale)
95
15
62
24
-75.2%
Percent Under Contract
10.7%
11.5%
11.1%
12.0%
12.0%
Average Median Price for Last 12 Months
$1,246,583
$956,667
$1,213,000
$1,000,346
-24.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Mid Wilshire Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
27
Pacific Palisades Single Family Residences, January 2024
Current Market Snapshot
$4,350,000 Median Sales Price
Feb
52.4% ∆ YOY
Mar Apr May
$1,522 Average $/SF
$2.855
Jan
Jun Jul Aug
22.9% ∆ YOY
Sep
114
Oct Nov Dec
Properties For Sale
-12.3% ∆ YOY
Jan
$4.350 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,855,000
$3,550,000
$4,689,500
$4,350,000
52.4%
Average Price per Square Foot
$1,238
$1,286
$1,447
$1,522
22.9%
Properties Sold
7
17
16
11
57.1%
Properties Pending Sale
7
20
15
12
71.4%
Properties For Sale
130
155
138
114
-12.3%
Days on Market (Pending Sale)
26
34
43
29
13.1%
Percent Under Contract
5.4%
12.9%
10.9%
10.5%
95.5%
Average Median Price for Last 12 Months
$4,566,690
$4,417,250
$4,146,667
$4,289,192
-6.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Pacific Palisades Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
28
Micro Market Report : January 2024
Palms - Mar Vista Single Family Residences, January 2024
Current Market Snapshot
$2,180,000 Median Sales Price
Feb Mar
6.3% ∆ YOY
Apr May
$1,043 Average $/SF
$2.050
Jan
Jun Jul Aug
8.4% ∆ YOY
Sep
80
Oct Nov Dec
Properties For Sale
14.3% ∆ YOY
Jan
$2.180 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,050,000
$2,085,000
$2,115,000
$2,180,000
6.3%
Average Price per Square Foot
$962
$1,082
$1,091
$1,043
8.4%
Properties Sold
13
16
16
13
0.0%
Properties Pending Sale
9
18
21
14
55.6%
Properties For Sale
70
72
97
80
14.3%
Days on Market (Pending Sale)
29
17
25
49
69.1%
Percent Under Contract
12.9%
25.0%
21.6%
17.5%
36.1%
Average Median Price for Last 12 Months
$2,016,563
$2,002,525
$2,044,167
$1,980,204
-1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Palms - Mar Vista Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
29
Park Hills Heights Single Family Residences, January 2024
Current Market Snapshot
$930,000 Median Sales Price
$632 Average $/SF
$1.180
Jan Feb
-21.2% ∆ YOY
Mar Apr May Jun Jul Aug
-3.2% ∆ YOY
Sep
163
Oct Nov Dec
Properties For Sale
-6.3% ∆ YOY
Jan
$930 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,180,000
$1,105,750
$1,070,000
$930,000
-21.2%
Average Price per Square Foot
$653
$663
$609
$632
-3.2%
Properties Sold
31
22
41
27
-12.9%
Properties Pending Sale
28
27
34
34
21.4%
Properties For Sale
174
164
185
163
-6.3%
Days on Market (Pending Sale)
46
31
30
51
11.1%
Percent Under Contract
16.1%
16.5%
18.4%
20.9%
29.6%
Average Median Price for Last 12 Months
$1,055,902
$1,004,000
$988,833
$1,001,058
-5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Park Hills Heights Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
30
Micro Market Report : January 2024
Playa Del Rey Single Family Residences, January 2024
Current Market Snapshot
$2,055,000 Median Sales Price
$709 Average $/SF
$1.615
Jan Feb
27.2% ∆ YOY
Mar Apr May Jun Jul Aug
-14.3% ∆ YOY
Sep
18
Oct Nov Dec
Properties For Sale
80.0% ∆ YOY
Jan
$2.055 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,615,000
$2,443,500
$2,744,000
$2,055,000
27.2%
Average Price per Square Foot
$827
$750
$750
$709
-14.3%
Properties Sold
2
3
3
1
-50.0%
Properties Pending Sale
3
4
2
5
66.7%
Properties For Sale
10
22
19
18
80.0%
Days on Market (Pending Sale)
79
34
33
66
-16.5%
Percent Under Contract
30.0%
18.2%
10.5%
27.8%
-7.4%
Average Median Price for Last 12 Months
$2,278,854
$2,191,325
$1,823,500
$2,363,765
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Playa Del Rey Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
31
Playa Vista Single Family Residences, January 2024
Current Market Snapshot
$2,267,500 Median Sales Price
Feb
13.7% ∆ YOY
Mar Apr May
$1,024 Average $/SF
$1.995
Jan
Jun Jul Aug
41.4% ∆ YOY
Sep
10
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$2.267 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,995,000
$2,265,000
$4,000,000
$2,267,500
13.7%
Average Price per Square Foot
$724
$983
$1,004
$1,024
41.4%
Properties Sold
1
1
1
2
100.0%
Properties Pending Sale
3
0
2
1
-66.7%
Properties For Sale
10
8
9
10
0.0%
Days on Market (Pending Sale)
11
0
8
83
678.1%
Percent Under Contract
30.0%
0.0%
22.2%
10.0%
-66.7%
Average Median Price for Last 12 Months
$2,338,135
$2,525,667
$2,526,333
$2,695,962
13.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Playa Vista Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
32
Micro Market Report : January 2024
Santa Monica Single Family Residences, January 2024
Current Market Snapshot
$3,000,000 Median Sales Price
-3.5% ∆ YOY
Feb Mar Apr May
$1,374 Average $/SF
$3.110
Jan
Jun Jul Aug
-8.8% ∆ YOY
Sep
110
Oct Nov Dec
Properties For Sale
-11.3% ∆ YOY
Jan
$3.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,110,000
$3,223,000
$3,591,070
$3,000,000
-3.5%
Average Price per Square Foot
$1,507
$1,353
$1,357
$1,374
-8.8%
Properties Sold
11
18
17
15
36.4%
Properties Pending Sale
10
14
13
13
30.0%
Properties For Sale
124
141
146
110
-11.3%
Days on Market (Pending Sale)
82
45
23
31
-62.3%
Percent Under Contract
8.1%
9.9%
8.9%
11.8%
46.5%
Average Median Price for Last 12 Months
$3,653,943
$3,319,845
$3,069,667
$3,721,236
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santa Monica Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
33
Sunset Strip - Hollywood Hills West Single Family Residences, January 2024
Current Market Snapshot
$2,275,000 Median Sales Price
$817
Average $/SF
$2.400
Jan Feb
-5.2% ∆ YOY
Mar Apr May Jun Jul Aug
-10.7% ∆ YOY
Sep
267
Oct Nov Dec
Properties For Sale
-1.1% ∆ YOY
Jan
$2.275 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,400,000
$2,180,000
$1,764,350
$2,275,000
-5.2%
Average Price per Square Foot
$915
$939
$1,025
$817
-10.7%
Properties Sold
19
26
14
7
-63.2%
Properties Pending Sale
22
31
23
24
9.1%
Properties For Sale
270
318
305
267
-1.1%
Days on Market (Pending Sale)
49
37
48
40
-18.1%
Percent Under Contract
8.1%
9.7%
7.5%
9.0%
10.3%
Average Median Price for Last 12 Months
$2,474,167
$2,215,858
$2,313,333
$2,414,588
-2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Sunset Strip - Hollywood Hills West Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
34
Micro Market Report : January 2024
Venice Single Family Residences, January 2024
Current Market Snapshot
$2,495,000 Median Sales Price
Feb
27.6% ∆ YOY
Mar Apr May
$1,046 Average $/SF
$1.955
Jan
Jun Jul Aug
-23.6% ∆ YOY
Sep
125
Oct Nov Dec
Properties For Sale
13.6% ∆ YOY
Jan
$2.495 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,955,000
$2,725,000
$2,483,603
$2,495,000
27.6%
Average Price per Square Foot
$1,370
$1,232
$1,157
$1,046
-23.6%
Properties Sold
7
13
20
11
57.1%
Properties Pending Sale
10
18
13
16
60.0%
Properties For Sale
110
114
137
125
13.6%
Days on Market (Pending Sale)
42
20
41
39
-6.9%
Percent Under Contract
9.1%
15.8%
9.5%
12.8%
40.8%
Average Median Price for Last 12 Months
$2,298,101
$2,663,517
$2,753,333
$2,557,777
10.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Venice Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
35
West Adams Single Family Residences, January 2024
Current Market Snapshot
$975,000 Median Sales Price
$679
Average $/SF
$1.175
Jan Feb
-17.0% ∆ YOY
Mar Apr May Jun Jul Aug
-12.9% ∆ YOY
Sep
68
Oct Nov Dec
Properties For Sale
7.9% ∆ YOY
Jan
$975 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,175,000
$1,052,500
$1,175,000
$975,000
-17.0%
Average Price per Square Foot
$780
$784
$692
$679
-12.9%
Properties Sold
8
10
13
12
50.0%
Properties Pending Sale
10
12
9
15
50.0%
Properties For Sale
63
65
81
68
7.9%
Days on Market (Pending Sale)
77
27
36
34
-55.9%
Percent Under Contract
15.9%
18.5%
11.1%
22.1%
39.0%
Average Median Price for Last 12 Months
$1,166,563
$1,028,417
$956,500
$1,098,231
-6.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West Adams Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
36
Micro Market Report : January 2024
West Hollywood Single Family Residences, January 2024
Current Market Snapshot
$1,350,000 Median Sales Price
$1,731 Average $/SF
$2.045
Jan Feb
-34.0% ∆ YOY
Mar Apr May Jun Jul Aug
64.4% ∆ YOY
Sep
65
Oct Nov Dec
Properties For Sale
-23.5% ∆ YOY
Jan
$1.350 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,045,000
$2,883,500
$1,785,000
$1,350,000
-34.0%
Average Price per Square Foot
$1,053
$968
$1,060
$1,731
64.4%
Properties Sold
7
4
8
1
-85.7%
Properties Pending Sale
11
2
7
3
-72.7%
Properties For Sale
85
70
71
65
-23.5%
Days on Market (Pending Sale)
68
13
26
28
-58.7%
Percent Under Contract
12.9%
2.9%
9.9%
4.6%
-64.3%
Average Median Price for Last 12 Months
$2,605,421
$2,016,250
$2,037,500
$2,100,654
-24.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West Hollywood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
37
West Los Angeles Single Family Residences, January 2024
Current Market Snapshot
$1,801,000 Median Sales Price
Feb
24.7% ∆ YOY
Mar Apr May
$1,398 Average $/SF
$1.444
Jan
Jun Jul Aug
32.9% ∆ YOY
Sep
35
Oct Nov Dec
Properties For Sale
16.7% ∆ YOY
Jan
$1.801 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,444,000
$2,025,000
$1,632,964
$1,801,000
24.7%
Average Price per Square Foot
$1,052
$1,191
$1,005
$1,398
32.9%
Properties Sold
6
5
4
1
-83.3%
Properties Pending Sale
7
7
8
6
-14.3%
Properties For Sale
30
33
38
35
16.7%
Days on Market (Pending Sale)
13
18
19
37
193.6%
Percent Under Contract
23.3%
21.2%
21.1%
17.1%
-26.5%
Average Median Price for Last 12 Months
$1,618,453
$1,712,161
$1,827,500
$1,740,915
7.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West Los Angeles Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
38
Micro Market Report : January 2024
Westchester Single Family Residences, January 2024
Current Market Snapshot
$1,445,000 Median Sales Price
$858 Average $/SF
$1.454
Jan Feb
-0.6% ∆ YOY
Mar Apr May Jun Jul Aug
-0.6% ∆ YOY
Sep
61
Oct Nov Dec
Properties For Sale
-39.0% ∆ YOY
Jan
$1.445 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,454,000
$1,736,250
$1,540,000
$1,445,000
-0.6%
Average Price per Square Foot
$863
$841
$898
$858
-0.6%
Properties Sold
20
14
17
10
-50.0%
Properties Pending Sale
27
17
28
20
-25.9%
Properties For Sale
100
72
84
61
-39.0%
Days on Market (Pending Sale)
39
18
22
17
-56.3%
Percent Under Contract
27.0%
23.6%
33.3%
32.8%
21.4%
Average Median Price for Last 12 Months
$1,594,188
$1,578,249
$1,541,667
$1,585,711
-0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Westchester Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
39
Westwood - Century City Single Family Residences, January 2024
Current Market Snapshot
$2,125,000 Median Sales Price
$994 Average $/SF
$2.338
Jan Feb Mar
-9.1% ∆ YOY
Apr May Jun Jul Aug
-9.5% ∆ YOY
Sep
68
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$2.125 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,338,000
$2,655,000
$2,650,000
$2,125,000
-9.1%
Average Price per Square Foot
$1,098
$1,153
$951
$994
-9.5%
Properties Sold
5
17
11
9
80.0%
Properties Pending Sale
8
14
11
10
25.0%
Properties For Sale
68
65
76
68
0.0%
Days on Market (Pending Sale)
31
47
28
20
-36.5%
Percent Under Contract
11.8%
21.5%
14.5%
14.7%
25.0%
Average Median Price for Last 12 Months
$2,648,961
$2,409,802
$2,389,604
$2,517,216
-5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Westwood - Century City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
40
Micro Market Report : January 2024
South Bay Macro Market Single Family Residences, January 2024
Current Market Snapshot
$1,587,000 Median Sales Price
$929 Average $/SF
$1.251
Jan Feb
26.9% ∆ YOY
Mar Apr May Jun Jul Aug
15.0% ∆ YOY
Sep
545
Oct Nov Dec
Properties For Sale
-12.1% ∆ YOY
Jan
$1.587 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,251,000
$1,518,000
$1,555,000
$1,587,000
26.9%
Average Price per Square Foot
$808
$979
$869
$929
15.0%
Properties Sold
102
174
166
103
1.0%
Properties Pending Sale
137
190
167
122
-10.9%
Properties For Sale
620
710
755
545
-12.1%
Days on Market (Pending Sale)
47
25
37
36
-22.5%
Percent Under Contract
22.1%
26.8%
22.1%
22.4%
1.3%
Average Median Price for Last 12 Months
$1,549,624
$1,540,708
$1,562,333
$1,494,865
-3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in South Bay Macro Market Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
41
El Segundo Single Family Residences, January 2024
Current Market Snapshot
$1,916,000 Median Sales Price
Feb
-38.8% ∆ YOY
Mar Apr May
$1,250 Average $/SF
$3.130
Jan
Jun Jul Aug
62.1% ∆ YOY
Sep
17
Oct Nov Dec
Properties For Sale
-32.0% ∆ YOY
Jan
$1.916 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,130,000
$1,730,000
$1,925,000
$1,916,000
-38.8%
Average Price per Square Foot
$771
$1,118
$530
$1,250
62.1%
Properties Sold
1
2
6
3
200.0%
Properties Pending Sale
6
9
6
6
0.0%
Properties For Sale
25
23
23
17
-32.0%
Days on Market (Pending Sale)
55
17
47
67
22.6%
Percent Under Contract
24.0%
39.1%
26.1%
35.3%
47.1%
Average Median Price for Last 12 Months
$2,013,292
$1,951,167
$1,893,833
$1,885,115
-6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in El Segundo Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
42
Micro Market Report : January 2024
Hermosa Beach Single Family Residences, January 2024
Current Market Snapshot
$1,750,000 Median Sales Price
Feb
221.4% ∆ YOY
Mar Apr May
$1,316 Average $/SF
$544
Jan
Jun Jul Aug
112.6% ∆ YOY
Sep
40
Oct Nov Dec
Properties For Sale
11.1% ∆ YOY
Jan
$1.750 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$544,450
$2,962,500
$2,400,000
$1,750,000
221.4%
Average Price per Square Foot
$619
$1,274
$1,209
$1,316
112.6%
Properties Sold
2
8
5
7
250.0%
Properties Pending Sale
6
8
0
7
16.7%
Properties For Sale
36
43
41
40
11.1%
Days on Market (Pending Sale)
17
72
0
43
151.3%
Percent Under Contract
16.7%
18.6%
0.0%
17.5%
5.0%
Average Median Price for Last 12 Months
$2,291,579
$2,569,167
$2,708,333
$2,659,573
16.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Hermosa Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
43
Long Beach Single Family Residences, January 2024
Current Market Snapshot
$883,000 Median Sales Price
$661
Average $/SF
$827
Jan Feb Mar
6.7% ∆ YOY
Apr May Jun Jul Aug
3.4% ∆ YOY
Sep
311
Oct Nov Dec
Properties For Sale
-17.7% ∆ YOY
Jan
$883 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$827,500
$950,000
$912,500
$883,000
6.7%
Average Price per Square Foot
$639
$679
$666
$661
3.4%
Properties Sold
88
95
105
88
0.0%
Properties Pending Sale
86
104
117
111
29.1%
Properties For Sale
378
384
420
311
-17.7%
Days on Market (Pending Sale)
36
18
28
27
-24.5%
Percent Under Contract
22.8%
27.1%
27.9%
35.7%
56.9%
Average Median Price for Last 12 Months
$890,458
$917,583
$918,000
$900,654
1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Long Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
44
Micro Market Report : January 2024
Manhattan Beach Single Family Residences, January 2024
Current Market Snapshot
$2,670,000 Median Sales Price
Feb
-18.8% ∆ YOY
Mar Apr May
$1,733 Average $/SF
$3.290
Jan
Jun Jul Aug
29.2% ∆ YOY
Sep
79
Oct Nov Dec
Properties For Sale
-9.2% ∆ YOY
Jan
$2.670 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,290,000
$2,637,500
$2,408,500
$2,670,000
-18.8%
Average Price per Square Foot
$1,341
$1,379
$1,341
$1,733
29.2%
Properties Sold
10
20
6
7
-30.0%
Properties Pending Sale
14
19
20
9
-35.7%
Properties For Sale
87
104
112
79
-9.2%
Days on Market (Pending Sale)
62
27
35
46
-25.1%
Percent Under Contract
16.1%
18.3%
17.9%
11.4%
-29.2%
Average Median Price for Last 12 Months
$3,231,708
$2,924,750
$2,932,500
$3,207,769
-0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Manhattan Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
45
Manhattan Beach Mira Costa Single Family Residences, January 2024
Current Market Snapshot
$1,900,000 Median Sales Price
Feb Mar
4.5% ∆ YOY
Apr May
$1,389 Average $/SF
$1.819
Jan
Jun Jul Aug
11.6% ∆ YOY
Sep
3
Oct Nov Dec
Properties For Sale
-66.7% ∆ YOY
Jan
$1.900 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,819,000
$1,825,000
$0
$1,900,000
4.5%
Average Price per Square Foot
$1,245
$1,355
$0
$1,389
11.6%
Properties Sold
2
3
0
1
-50.0%
Properties Pending Sale
1
1
3
1
0.0%
Properties For Sale
9
17
11
3
-66.7%
Days on Market (Pending Sale)
66
25
48
26
-60.6%
Percent Under Contract
11.1%
5.9%
27.3%
33.3%
200.0%
Average Median Price for Last 12 Months
$2,534,000
$1,639,458
$1,943,083
$1,773,301
-30.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Manhattan Beach Mira Costa Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
46
Micro Market Report : January 2024
Manhattan Beach Sand Single Family Residences, January 2024
Current Market Snapshot
$5,650,000 Median Sales Price
Feb
40.4% ∆ YOY
Mar Apr May
$2,739 Average $/SF
$4.025
Jan
Jun Jul Aug
48.1% ∆ YOY
Sep
34
Oct Nov Dec
Properties For Sale
9.7% ∆ YOY
Jan
$5.650 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$4,025,000
$3,037,500
$0
$5,650,000
40.4%
Average Price per Square Foot
$1,850
$1,566
$0
$2,739
48.1%
Properties Sold
1
4
0
2
100.0%
Properties Pending Sale
4
6
2
2
-50.0%
Properties For Sale
31
32
30
34
9.7%
Days on Market (Pending Sale)
131
37
37
94
-28.0%
Percent Under Contract
12.9%
18.8%
6.7%
5.9%
-54.4%
Average Median Price for Last 12 Months
$3,829,500
$4,436,667
$4,473,333
$4,064,962
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Manhattan Beach Sand Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
47
Manhattan Beach Tree Single Family Residences, January 2024
Current Market Snapshot
$2,623,000 Median Sales Price
Feb
-20.3% ∆ YOY
Mar Apr May
$1,278 Average $/SF
$3.290
Jan
Jun Jul Aug
9.0% ∆ YOY
Sep
25
Oct Nov Dec
Properties For Sale
19.0% ∆ YOY
Jan
$2.623 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,290,000
$2,700,000
$2,355,000
$2,623,000
-20.3%
Average Price per Square Foot
$1,172
$1,462
$1,109
$1,278
9.0%
Properties Sold
4
5
3
4
0.0%
Properties Pending Sale
6
6
10
5
-16.7%
Properties For Sale
21
28
45
25
19.0%
Days on Market (Pending Sale)
41
21
40
10
-76.1%
Percent Under Contract
28.6%
21.4%
22.2%
20.0%
-30.0%
Average Median Price for Last 12 Months
$3,505,208
$3,036,417
$3,293,167
$3,215,654
-8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Manhattan Beach Tree Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
48
Micro Market Report : January 2024
Palos Verdes Estates Single Family Residences, January 2024
Current Market Snapshot
$3,172,500 Median Sales Price
Feb
-18.7% ∆ YOY
Mar Apr May
$1,052 Average $/SF
$3.900
Jan
Jun Jul Aug
-5.1% ∆ YOY
Sep
56
Oct Nov Dec
Properties For Sale
24.4% ∆ YOY
Jan
$3.172 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,900,000
$2,440,000
$2,342,500
$3,172,500
-18.7%
Average Price per Square Foot
$1,109
$1,413
$993
$1,052
-5.1%
Properties Sold
5
12
16
12
140.0%
Properties Pending Sale
9
12
14
11
22.2%
Properties For Sale
45
80
81
56
24.4%
Days on Market (Pending Sale)
21
25
84
68
219.2%
Percent Under Contract
20.0%
15.0%
17.3%
19.6%
-1.8%
Average Median Price for Last 12 Months
$3,097,625
$2,758,104
$3,119,042
$2,936,894
-5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Palos Verdes Estates Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
49
Rancho Palos Verdes Single Family Residences, January 2024
Current Market Snapshot
$1,685,000 Median Sales Price
$811
Average $/SF
$1.620
Jan Feb Mar
4.0% ∆ YOY
Apr May Jun Jul Aug
5.1% ∆ YOY
Sep
89
Oct Nov Dec
Properties For Sale
4.7% ∆ YOY
Jan
$1.685 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,620,000
$1,715,000
$1,825,000
$1,685,000
4.0%
Average Price per Square Foot
$772
$853
$856
$811
5.1%
Properties Sold
18
23
32
12
-33.3%
Properties Pending Sale
17
22
30
16
-5.9%
Properties For Sale
85
99
121
89
4.7%
Days on Market (Pending Sale)
53
19
35
41
-22.8%
Percent Under Contract
20.0%
22.2%
24.8%
18.0%
-10.1%
Average Median Price for Last 12 Months
$1,868,342
$1,782,500
$1,805,000
$1,776,698
-4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rancho Palos Verdes Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
50
Micro Market Report : January 2024
Redondo Beach- North Single Family Residences, January 2024
Current Market Snapshot
$1,605,000 Median Sales Price
$788 Average $/SF
$1.385
Jan Feb
15.9% ∆ YOY
Mar Apr May Jun Jul Aug
-2.8% ∆ YOY
Sep
29
Oct Nov Dec
Properties For Sale
-44.2% ∆ YOY
Jan
$1.605 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,385,000
$1,560,000
$1,208,000
$1,605,000
15.9%
Average Price per Square Foot
$811
$840
$953
$788
-2.8%
Properties Sold
8
12
11
6
-25.0%
Properties Pending Sale
14
14
15
7
-50.0%
Properties For Sale
52
48
40
29
-44.2%
Days on Market (Pending Sale)
44
13
34
49
12.6%
Percent Under Contract
26.9%
29.2%
37.5%
24.1%
-10.3%
Average Median Price for Last 12 Months
$1,477,417
$1,408,833
$1,517,500
$1,439,981
-2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Redondo Beach- North Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
51
Redondo Beach- South Single Family Residences, January 2024
Current Market Snapshot
$1,902,500 Median Sales Price
Feb
-9.4% ∆ YOY
Mar Apr May
$1,173 Average $/SF
$2.100
Jan
Jun Jul Aug
39.1% ∆ YOY
Sep
24
Oct Nov Dec
Properties For Sale
33.3% ∆ YOY
Jan
$1.902 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,100,000
$2,125,000
$1,788,000
$1,902,500
-9.4%
Average Price per Square Foot
$843
$1,242
$1,074
$1,173
39.1%
Properties Sold
1
12
9
4
300.0%
Properties Pending Sale
1
6
8
4
300.0%
Properties For Sale
18
28
38
24
33.3%
Days on Market (Pending Sale)
117
9
28
12
-89.7%
Percent Under Contract
5.6%
21.4%
21.1%
16.7%
200.0%
Average Median Price for Last 12 Months
$2,167,099
$1,984,167
$2,062,333
$1,999,990
-7.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Redondo Beach- South Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
52
Micro Market Report : January 2024
Rolling Hills Single Family Residences, January 2024
Current Market Snapshot
$5,233,390 Median Sales Price
Jan Feb Mar
n/a ∆ YOY
Apr May
$1,283 Average $/SF
Jun Jul Aug
n/a ∆ YOY
Sep
10
Oct Nov Dec
Properties For Sale
-23.1% ∆ YOY
Jan
$5.233 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$0
$7,400,000
$4,700,000
$5,233,390
n/a
Average Price per Square Foot
$0
$943
$1,057
$1,283
n/a
Properties Sold
0
1
4
1
n/a
Properties Pending Sale
0
2
3
0
n/a
Properties For Sale
13
15
14
10
-23.1%
Days on Market (Pending Sale)
0
167
71
0
n/a
Percent Under Contract
0.0%
13.3%
21.4%
0.0%
n/a
Average Median Price for Last 12 Months
$2,729,680
$4,970,565
$5,777,797
$4,943,530
81.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rolling Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
53
Rolling Hills Estates Single Family Residences, January 2024
Current Market Snapshot
$1,780,000 Median Sales Price
$919
Average $/SF
$3.125
Jan Feb
-43.0% ∆ YOY
Mar Apr May Jun Jul Aug
-24.4% ∆ YOY
Sep
11
Oct Nov Dec
Properties For Sale
-42.1% ∆ YOY
Jan
$1.780 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,125,000
$1,890,500
$1,937,500
$1,780,000
-43.0%
Average Price per Square Foot
$1,215
$1,018
$1,070
$919
-24.4%
Properties Sold
1
4
6
7
600.0%
Properties Pending Sale
3
5
3
3
0.0%
Properties For Sale
19
21
18
11
-42.1%
Days on Market (Pending Sale)
5
84
57
87
1757.1%
Percent Under Contract
15.8%
23.8%
16.7%
27.3%
72.7%
Average Median Price for Last 12 Months
$2,740,526
$2,873,583
$3,301,333
$2,544,654
-7.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rolling Hills Estates Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
54
Micro Market Report : January 2024
San Pedro Single Family Residences, January 2024
Current Market Snapshot
$1,000,000 Median Sales Price
$525
Average $/SF
$1.000
Jan Feb Mar
0.0% ∆ YOY
Apr May Jun Jul Aug
-8.9% ∆ YOY
Sep
90
Oct Nov Dec
Properties For Sale
3.4% ∆ YOY
Jan
$1.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,000,000
$910,778
$970,000
$1,000,000
0.0%
Average Price per Square Foot
$576
$652
$637
$525
-8.9%
Properties Sold
17
20
17
13
-23.5%
Properties Pending Sale
23
22
14
20
-13.0%
Properties For Sale
87
86
114
90
3.4%
Days on Market (Pending Sale)
62
18
37
32
-48.0%
Percent Under Contract
26.4%
25.6%
12.3%
22.2%
-15.9%
Average Median Price for Last 12 Months
$974,866
$976,917
$1,010,833
$938,117
-3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Pedro Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
55
Torrance - County Strip Single Family Residences, January 2024
Current Market Snapshot
$867,500 Median Sales Price
$489 Average $/SF
$834
Jan Feb Mar
4.0% ∆ YOY
Apr May Jun Jul Aug
-3.7% ∆ YOY
Sep
7
Oct Nov Dec
Properties For Sale
-61.1% ∆ YOY
Jan
$867 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$834,500
$767,500
$830,000
$867,500
4.0%
Average Price per Square Foot
$508
$774
$624
$489
-3.7%
Properties Sold
3
4
3
2
-33.3%
Properties Pending Sale
6
5
3
4
-33.3%
Properties For Sale
18
11
13
7
-61.1%
Days on Market (Pending Sale)
23
35
25
16
-29.4%
Percent Under Contract
33.3%
45.5%
23.1%
57.1%
71.4%
Average Median Price for Last 12 Months
$817,283
$830,833
$855,000
$816,885
-0.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Torrance- County Strip Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
56
Micro Market Report : January 2024
Torrance - North Single Family Residences, January 2024
Current Market Snapshot
$937,500 Median Sales Price
$671
Average $/SF
$968
Jan Feb
-3.2% ∆ YOY
Mar Apr May Jun Jul Aug
16.9% ∆ YOY
Sep
19
Oct Nov Dec
Properties For Sale
-42.4% ∆ YOY
Jan
$937 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$968,000
$910,000
$957,500
$937,500
-3.2%
Average Price per Square Foot
$574
$653
$675
$671
16.9%
Properties Sold
11
18
12
10
-9.1%
Properties Pending Sale
8
15
19
6
-25.0%
Properties For Sale
33
35
39
19
-42.4%
Days on Market (Pending Sale)
52
20
18
13
-74.4%
Percent Under Contract
24.2%
42.9%
48.7%
31.6%
30.3%
Average Median Price for Last 12 Months
$972,841
$952,500
$952,500
$962,481
-1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Torrance- North Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
57
Torrance - South Single Family Residences, January 2024
Current Market Snapshot
$1,357,500 Median Sales Price
$669 Average $/SF
$1.360
Jan Feb
-0.2% ∆ YOY
Mar Apr May Jun Jul Aug
-11.0% ∆ YOY
Sep
20
Oct Nov Dec
Properties For Sale
-50.0% ∆ YOY
Jan
$1.357 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,360,000
$1,350,000
$1,485,250
$1,357,500
-0.2%
Average Price per Square Foot
$752
$764
$766
$669
-11.0%
Properties Sold
9
13
16
6
-33.3%
Properties Pending Sale
10
17
11
6
-40.0%
Properties For Sale
40
43
30
20
-50.0%
Days on Market (Pending Sale)
36
12
16
28
-24.0%
Percent Under Contract
25.0%
39.5%
36.7%
30.0%
20.0%
Average Median Price for Last 12 Months
$1,362,292
$1,392,375
$1,311,333
$1,348,052
-1.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Torrance- South Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
58
Micro Market Report : January 2024
Torrance - Southeast Single Family Residences, January 2024
Current Market Snapshot
$887,000 Median Sales Price
$734 Average $/SF
$1.157
Jan Feb
-23.4% ∆ YOY
Mar Apr May Jun Jul Aug
25.9% ∆ YOY
Sep
19
Oct Nov Dec
Properties For Sale
-29.6% ∆ YOY
Jan
$887 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,157,500
$965,000
$1,040,000
$887,000
-23.4%
Average Price per Square Foot
$583
$687
$735
$734
25.9%
Properties Sold
6
8
14
5
-16.7%
Properties Pending Sale
7
16
11
5
-28.6%
Properties For Sale
27
37
41
19
-29.6%
Days on Market (Pending Sale)
40
28
38
10
-75.3%
Percent Under Contract
25.9%
43.2%
26.8%
26.3%
1.5%
Average Median Price for Last 12 Months
$1,019,087
$1,003,568
$959,000
$1,050,570
3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Torrance- Southeast Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
59
Torrance - West Single Family Residences, January 2024
Current Market Snapshot
$1,297,000 Median Sales Price
$901
Average $/SF
$1.220
Jan Feb Mar
6.3% ∆ YOY
Apr May Jun Jul Aug
31.3% ∆ YOY
Sep
36
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$1.297 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,220,000
$1,312,500
$1,210,000
$1,297,000
6.3%
Average Price per Square Foot
$686
$788
$717
$901
31.3%
Properties Sold
10
18
9
8
-20.0%
Properties Pending Sale
13
18
10
18
38.5%
Properties For Sale
36
39
32
36
0.0%
Days on Market (Pending Sale)
48
11
31
12
-74.5%
Percent Under Contract
36.1%
46.2%
31.2%
50.0%
38.5%
Average Median Price for Last 12 Months
$1,339,283
$1,285,833
$1,282,333
$1,238,404
-7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Torrance- West Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
60
Micro Market Report : January 2024
San Fernando Valley Macro Market Single Family Residences, January 2024
Current Market Snapshot
$1,352,250 Median Sales Price
$716
Average $/SF
$1.350
Jan Feb Mar
0.2% ∆ YOY
Apr May Jun Jul Aug
7.8% ∆ YOY
Sep
1,455
Oct Nov Dec
Properties For Sale
-1.8% ∆ YOY
Jan
$1.352 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,350,000
$1,450,000
$1,465,000
$1,352,250
0.2%
Average Price per Square Foot
$664
$739
$726
$716
7.8%
Properties Sold
235
296
294
232
-1.3%
Properties Pending Sale
250
321
313
284
13.6%
Properties For Sale
1,482
1,650
1,686
1,455
-1.8%
Days on Market (Pending Sale)
39
24
28
42
8.0%
Percent Under Contract
16.9%
19.5%
18.6%
19.5%
15.7%
Average Median Price for Last 12 Months
$1,428,635
$1,424,021
$1,382,208
$1,422,237
-0.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Fernando Valley Macro Market Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
61
Agoura Hills Single Family Residences, January 2024
Current Market Snapshot
$1,050,000 Median Sales Price
$560 Average $/SF
$1.120
Jan Feb
-6.2% ∆ YOY
Mar Apr May Jun Jul Aug
12.7% ∆ YOY
Sep
52
Oct Nov Dec
Properties For Sale
-1.9% ∆ YOY
Jan
$1.050 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,120,000
$1,715,000
$1,325,000
$1,050,000
-6.2%
Average Price per Square Foot
$497
$543
$436
$560
12.7%
Properties Sold
12
10
6
8
-33.3%
Properties Pending Sale
12
12
7
7
-41.7%
Properties For Sale
53
78
60
52
-1.9%
Days on Market (Pending Sale)
49
27
52
70
42.7%
Percent Under Contract
22.6%
15.4%
11.7%
13.5%
-40.5%
Average Median Price for Last 12 Months
$1,319,667
$1,313,750
$1,199,167
$1,393,942
5.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Agoura Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
62
Micro Market Report : January 2024
Burbank Single Family Residences, January 2024
Current Market Snapshot
$1,230,000 Median Sales Price
$704 Average $/SF
$1.300
Jan Feb
-5.4% ∆ YOY
Mar Apr May Jun Jul Aug
3.5% ∆ YOY
Sep
104
Oct Nov Dec
Properties For Sale
-7.1% ∆ YOY
Jan
$1.230 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,300,000
$1,335,000
$1,149,000
$1,230,000
-5.4%
Average Price per Square Foot
$680
$803
$803
$704
3.5%
Properties Sold
29
33
41
18
-37.9%
Properties Pending Sale
30
32
32
25
-16.7%
Properties For Sale
112
107
136
104
-7.1%
Days on Market (Pending Sale)
27
20
28
47
71.5%
Percent Under Contract
26.8%
29.9%
23.5%
24.0%
-10.3%
Average Median Price for Last 12 Months
$1,226,229
$1,205,042
$1,143,083
$1,233,419
0.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Burbank Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
63
Calabasas Single Family Residences, January 2024
Current Market Snapshot
$1,850,000 Median Sales Price
$683 Average $/SF
$1.420
Jan Feb
30.3% ∆ YOY
Mar Apr May Jun Jul Aug
7.6% ∆ YOY
Sep
95
Oct Nov Dec
Properties For Sale
23.4% ∆ YOY
Jan
$1.850 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,420,000
$2,122,500
$2,110,000
$1,850,000
30.3%
Average Price per Square Foot
$635
$732
$702
$683
7.6%
Properties Sold
14
14
14
11
-21.4%
Properties Pending Sale
11
15
8
16
45.5%
Properties For Sale
77
83
89
95
23.4%
Days on Market (Pending Sale)
60
20
27
42
-30.6%
Percent Under Contract
14.3%
18.1%
9.0%
16.8%
17.9%
Average Median Price for Last 12 Months
$1,978,188
$1,825,000
$1,631,667
$1,820,192
-8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Calabasas Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
64
Micro Market Report : January 2024
Encino Single Family Residences, January 2024
Current Market Snapshot
$2,300,000 Median Sales Price
$753
Average $/SF
2.2% ∆ YOY
$2.250
Jan Feb Mar Apr May Jun Jul Aug
9.4% ∆ YOY
Sep
177
Oct Nov Dec
Properties For Sale
-6.8% ∆ YOY
Jan
$2.300 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,250,000
$1,800,000
$2,260,000
$2,300,000
2.2%
Average Price per Square Foot
$688
$764
$821
$753
9.4%
Properties Sold
11
24
25
17
54.5%
Properties Pending Sale
18
21
29
22
22.2%
Properties For Sale
190
184
197
177
-6.8%
Days on Market (Pending Sale)
36
25
25
46
29.2%
Percent Under Contract
9.5%
11.4%
14.7%
12.4%
31.2%
Average Median Price for Last 12 Months
$2,188,487
$2,152,083
$2,183,333
$2,255,481
3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Encino Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
65
Glendale Single Family Residences, January 2024
Current Market Snapshot
$1,375,000 Median Sales Price
$758
Average $/SF
$1.431
Jan Feb
-3.9% ∆ YOY
Mar Apr May Jun Jul Aug
5.9% ∆ YOY
Sep
116
Oct Nov Dec
Properties For Sale
-17.1% ∆ YOY
Jan
$1.375 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,431,000
$1,440,000
$1,475,000
$1,375,000
-3.9%
Average Price per Square Foot
$716
$759
$806
$758
5.9%
Properties Sold
23
42
30
23
0.0%
Properties Pending Sale
25
41
42
22
-12.0%
Properties For Sale
140
166
149
116
-17.1%
Days on Market (Pending Sale)
37
14
16
30
-19.9%
Percent Under Contract
17.9%
24.7%
28.2%
19.0%
6.2%
Average Median Price for Last 12 Months
$1,388,008
$1,427,667
$1,363,667
$1,435,442
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Glendale Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
66
Micro Market Report : January 2024
Hidden Hills Single Family Residences, January 2024
Current Market Snapshot
$6,125,000 Median Sales Price
$939 Average $/SF
$11.500
Jan Feb
-46.7% ∆ YOY
Mar Apr May Jun Jul Aug
-33.5% ∆ YOY
Sep
39
Oct Nov Dec
Properties For Sale
62.5% ∆ YOY
Jan
$6.125 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$11,500,000
$15,000,000
$16,000,000
$6,125,000
-46.7%
Average Price per Square Foot
$1,412
$1,316
$1,461
$939
-33.5%
Properties Sold
3
3
1
1
-66.7%
Properties Pending Sale
1
1
0
2
100.0%
Properties For Sale
24
39
42
39
62.5%
Days on Market (Pending Sale)
17
75
0
23
32.4%
Percent Under Contract
4.2%
2.6%
0.0%
5.1%
23.1%
Average Median Price for Last 12 Months
$2,072,917
$4,979,500
$4,625,667
$5,913,106
185.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Hidden Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
67
La Crescenta Single Family Residences, January 2024
Current Market Snapshot
$1,207,500 Median Sales Price
$736 Average $/SF
$1.385
Jan Feb
-12.8% ∆ YOY
Mar Apr May Jun Jul Aug
6.4% ∆ YOY
Sep
37
Oct Nov Dec
Properties For Sale
-28.8% ∆ YOY
Jan
$1.207 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,385,000
$1,500,000
$1,370,000
$1,207,500
-12.8%
Average Price per Square Foot
$692
$818
$688
$736
6.4%
Properties Sold
10
7
7
6
-40.0%
Properties Pending Sale
9
16
6
8
-11.1%
Properties For Sale
52
53
42
37
-28.8%
Days on Market (Pending Sale)
35
15
18
34
-4.1%
Percent Under Contract
17.3%
30.2%
14.3%
21.6%
24.9%
Average Median Price for Last 12 Months
$1,292,333
$1,276,333
$1,200,167
$1,281,192
-0.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in La Crescenta Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
68
Micro Market Report : January 2024
North Hollywood Single Family Residences, January 2024
Current Market Snapshot
$930,000 Median Sales Price
$613
Average $/SF
$951
Jan Feb
-2.3% ∆ YOY
Mar Apr May Jun Jul Aug
0.0% ∆ YOY
Sep
107
Oct Nov Dec
Properties For Sale
11.5% ∆ YOY
Jan
$930 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$951,450
$857,000
$877,000
$930,000
-2.3%
Average Price per Square Foot
$613
$702
$634
$613
0.0%
Properties Sold
17
19
20
23
35.3%
Properties Pending Sale
7
30
20
27
285.7%
Properties For Sale
96
129
110
107
11.5%
Days on Market (Pending Sale)
68
16
23
37
-45.5%
Percent Under Contract
7.3%
23.3%
18.2%
25.2%
246.1%
Average Median Price for Last 12 Months
$913,029
$904,250
$901,667
$896,688
-1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in North Hollywood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
69
Shadow Hills Single Family Residences, January 2024
Current Market Snapshot
$2,280,000 Median Sales Price
$544 Average $/SF
$1.279
Jan Feb
78.3% ∆ YOY
Mar Apr May Jun Jul Aug
-11.0% ∆ YOY
Sep
12
Oct Nov Dec
Properties For Sale
-20.0% ∆ YOY
Jan
$2.280 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,279,000
$1,032,000
$1,470,000
$2,280,000
78.3%
Average Price per Square Foot
$611
$556
$553
$544
-11.0%
Properties Sold
1
2
6
1
0.0%
Properties Pending Sale
0
2
4
1
n/a
Properties For Sale
15
14
16
12
-20.0%
Days on Market (Pending Sale)
0
38
73
49
n/a
Percent Under Contract
0.0%
14.3%
25.0%
8.3%
n/a
Average Median Price for Last 12 Months
$1,323,083
$1,419,167
$1,576,667
$1,387,978
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Shadow Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
70
Micro Market Report : January 2024
Sherman Oaks Single Family Residences, January 2024
Current Market Snapshot
$1,377,250 Median Sales Price
$825 Average $/SF
$1.707
Jan Feb
-19.3% ∆ YOY
Mar Apr May Jun Jul Aug
6.9% ∆ YOY
Sep
158
Oct Nov Dec
Properties For Sale
-7.6% ∆ YOY
Jan
$1.377 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,707,500
$1,625,000
$2,190,000
$1,377,250
-19.3%
Average Price per Square Foot
$772
$827
$819
$825
6.9%
Properties Sold
20
33
26
20
0.0%
Properties Pending Sale
35
35
35
34
-2.9%
Properties For Sale
171
168
189
158
-7.6%
Days on Market (Pending Sale)
30
25
29
61
100.3%
Percent Under Contract
20.5%
20.8%
18.5%
21.5%
5.1%
Average Median Price for Last 12 Months
$1,796,298
$1,739,958
$1,594,083
$1,701,365
-5.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Sherman Oaks Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
71
Studio City Single Family Residences, January 2024
Current Market Snapshot
$1,840,000 Median Sales Price
$852 Average $/SF
$1.670
Jan Feb
10.2% ∆ YOY
Mar Apr May Jun Jul Aug
-4.8% ∆ YOY
Sep
123
Oct Nov Dec
Properties For Sale
21.8% ∆ YOY
Jan
$1.840 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,670,000
$2,190,000
$2,621,750
$1,840,000
10.2%
Average Price per Square Foot
$895
$900
$906
$852
-4.8%
Properties Sold
10
22
18
16
60.0%
Properties Pending Sale
9
20
20
18
100.0%
Properties For Sale
101
136
138
123
21.8%
Days on Market (Pending Sale)
26
41
39
41
59.7%
Percent Under Contract
8.9%
14.7%
14.5%
14.6%
64.2%
Average Median Price for Last 12 Months
$2,130,046
$2,149,625
$2,032,833
$2,207,135
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Studio City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
72
Micro Market Report : January 2024
Sun Valley Single Family Residences, January 2024
Current Market Snapshot
$775,200 Median Sales Price
$522 Average $/SF
$715
Jan Feb Mar
8.4% ∆ YOY
Apr May Jun Jul Aug
-2.2% ∆ YOY
Sep
27
Oct Nov Dec
Properties For Sale
-50.9% ∆ YOY
Jan
$775 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$715,000
$826,975
$792,500
$775,200
8.4%
Average Price per Square Foot
$534
$565
$582
$522
-2.2%
Properties Sold
6
6
10
11
83.3%
Properties Pending Sale
10
7
8
7
-30.0%
Properties For Sale
55
49
44
27
-50.9%
Days on Market (Pending Sale)
40
28
15
22
-45.8%
Percent Under Contract
18.2%
14.3%
18.2%
25.9%
42.6%
Average Median Price for Last 12 Months
$803,037
$797,033
$812,400
$799,129
-0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Sun Valley Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
73
Sunland/Tujunga Single Family Residences, January 2024
Current Market Snapshot
$815,000 Median Sales Price
$572
Average $/SF
$770
Jan Feb Mar
5.8% ∆ YOY
Apr May Jun Jul Aug
-1.7% ∆ YOY
Sep
78
Oct Nov Dec
Properties For Sale
-22.0% ∆ YOY
Jan
$815 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$770,000
$865,000
$900,000
$815,000
5.8%
Average Price per Square Foot
$582
$583
$551
$572
-1.7%
Properties Sold
18
20
21
15
-16.7%
Properties Pending Sale
15
18
26
18
20.0%
Properties For Sale
100
80
108
78
-22.0%
Days on Market (Pending Sale)
66
16
18
36
-45.5%
Percent Under Contract
15.0%
22.5%
24.1%
23.1%
53.8%
Average Median Price for Last 12 Months
$835,250
$875,208
$873,750
$851,288
1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Sunland/Tujunga Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
74
Micro Market Report : January 2024
Tarzana Single Family Residences, January 2024
Current Market Snapshot
$1,300,000 Median Sales Price
$668 Average $/SF
$1.887
Jan Feb
-31.1% ∆ YOY
Mar Apr May Jun Jul Aug
-2.8% ∆ YOY
Sep
81
Oct Nov Dec
Properties For Sale
-17.3% ∆ YOY
Jan
$1.300 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,887,500
$1,634,000
$1,380,000
$1,300,000
-31.1%
Average Price per Square Foot
$687
$654
$646
$668
-2.8%
Properties Sold
10
14
15
11
10.0%
Properties Pending Sale
17
14
15
10
-41.2%
Properties For Sale
98
107
97
81
-17.3%
Days on Market (Pending Sale)
26
28
20
40
57.5%
Percent Under Contract
17.3%
13.1%
15.5%
12.3%
-28.8%
Average Median Price for Last 12 Months
$1,680,717
$1,714,167
$1,810,000
$1,663,769
-1.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Tarzana Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
75
Toluca Lake Single Family Residences, January 2024
Current Market Snapshot
$2,050,000 Median Sales Price
$745
Average $/SF
$2.425
Jan Feb
-15.5% ∆ YOY
Mar Apr May Jun Jul Aug
-18.5% ∆ YOY
Sep
13
Oct Nov Dec
Properties For Sale
-23.5% ∆ YOY
Jan
$2.050 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,425,000
$1,002,500
$1,286,000
$2,050,000
-15.5%
Average Price per Square Foot
$914
$1,000
$806
$745
-18.5%
Properties Sold
7
2
3
2
-71.4%
Properties Pending Sale
8
1
2
4
-50.0%
Properties For Sale
17
21
17
13
-23.5%
Days on Market (Pending Sale)
45
3
42
42
-7.7%
Percent Under Contract
47.1%
4.8%
11.8%
30.8%
-34.6%
Average Median Price for Last 12 Months
$2,326,375
$1,356,000
$1,450,000
$1,540,462
-33.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Toluca Lake Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
76
Micro Market Report : January 2024
Valley Village Single Family Residences, January 2024
Current Market Snapshot
$1,261,000 Median Sales Price
$762
Average $/SF
$1.207
Jan Feb Mar
4.4% ∆ YOY
Apr May Jun Jul Aug
17.4% ∆ YOY
Sep
47
Oct Nov Dec
Properties For Sale
38.2% ∆ YOY
Jan
$1.261 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,207,500
$1,375,000
$1,317,500
$1,261,000
4.4%
Average Price per Square Foot
$649
$702
$798
$762
17.4%
Properties Sold
8
9
8
9
12.5%
Properties Pending Sale
11
10
11
16
45.5%
Properties For Sale
34
44
61
47
38.2%
Days on Market (Pending Sale)
33
33
27
24
-25.5%
Percent Under Contract
32.4%
22.7%
18.0%
34.0%
5.2%
Average Median Price for Last 12 Months
$1,508,750
$1,423,917
$1,321,500
$1,447,846
-4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Valley Village Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
77
Westlake Village Single Family Residences, January 2024
Current Market Snapshot
$1,585,000 Median Sales Price
$770 Average $/SF
$1.275
Jan Feb
24.3% ∆ YOY
Mar Apr May Jun Jul Aug
24.4% ∆ YOY
Sep
97
Oct Nov Dec
Properties For Sale
-4.0% ∆ YOY
Jan
$1.585 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,275,000
$2,087,500
$1,495,000
$1,585,000
24.3%
Average Price per Square Foot
$619
$728
$677
$770
24.4%
Properties Sold
15
18
26
25
66.7%
Properties Pending Sale
16
16
22
23
43.8%
Properties For Sale
101
113
119
97
-4.0%
Days on Market (Pending Sale)
48
45
43
37
-22.2%
Percent Under Contract
15.8%
14.2%
18.5%
23.7%
49.7%
Average Median Price for Last 12 Months
$1,735,727
$1,742,917
$1,557,500
$1,719,750
-0.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Westlake Village Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
78
Micro Market Report : January 2024
Woodland Hills Single Family Residences, January 2024
Current Market Snapshot
$1,327,500 Median Sales Price
$618
Average $/SF
$1.214
Jan Feb Mar
9.3% ∆ YOY
Apr May Jun Jul Aug
11.0% ∆ YOY
Sep
197
Oct Nov Dec
Properties For Sale
8.2% ∆ YOY
Jan
$1.327 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,215,000
$1,290,000
$1,439,000
$1,327,500
9.3%
Average Price per Square Foot
$557
$608
$626
$618
11.0%
Properties Sold
38
32
39
34
-10.5%
Properties Pending Sale
37
45
44
41
10.8%
Properties For Sale
182
209
209
197
8.2%
Days on Market (Pending Sale)
46
26
29
38
-17.7%
Percent Under Contract
20.3%
21.5%
21.1%
20.8%
2.4%
Average Median Price for Last 12 Months
$1,290,167
$1,374,833
$1,353,333
$1,314,154
1.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Woodland Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
79
San Gabriel Valley Macro Market Single Family Residences, January 2024
Current Market Snapshot
$1,345,000 Median Sales Price
$759
Average $/SF
$1.275
Jan Feb Mar
5.5% ∆ YOY
Apr May Jun Jul Aug
4.0% ∆ YOY
Sep
649
Oct Nov Dec
Properties For Sale
-20.5% ∆ YOY
Jan
$1.345 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,275,000
$1,330,000
$1,350,000
$1,345,000
5.5%
Average Price per Square Foot
$730
$775
$762
$759
4.0%
Properties Sold
113
195
179
127
12.4%
Properties Pending Sale
121
193
176
129
6.6%
Properties For Sale
816
871
852
649
-20.5%
Days on Market (Pending Sale)
44
29
31
31
-29.2%
Percent Under Contract
14.8%
22.2%
20.7%
19.9%
34.0%
Average Median Price for Last 12 Months
$1,312,291
$1,339,750
$1,337,667
$1,308,000
-0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Gabriel Valley Macro Market Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
80
Micro Market Report : January 2024
Alhambra Single Family Residences, January 2024
Current Market Snapshot
$1,012,000 Median Sales Price
$647 Average $/SF
$979
Jan Feb Mar
3.4% ∆ YOY
Apr May Jun Jul Aug
19.8% ∆ YOY
Sep
37
Oct Nov Dec
Properties For Sale
-27.5% ∆ YOY
Jan
$1.012 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$979,000
$950,000
$935,000
$1,012,000
3.4%
Average Price per Square Foot
$540
$681
$778
$647
19.8%
Properties Sold
3
14
5
8
166.7%
Properties Pending Sale
8
16
6
10
25.0%
Properties For Sale
51
59
51
37
-27.5%
Days on Market (Pending Sale)
41
16
58
26
-36.9%
Percent Under Contract
15.7%
27.1%
11.8%
27.0%
72.3%
Average Median Price for Last 12 Months
$989,060
$977,667
$962,333
$972,077
-1.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Alhambra Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
81
Altadena Single Family Residences, January 2024
Current Market Snapshot
$1,387,510 Median Sales Price
$778
Average $/SF
$1.420
Jan Feb
-2.3% ∆ YOY
Mar Apr May Jun Jul Aug
25.3% ∆ YOY
Sep
70
Oct Nov Dec
Properties For Sale
-4.1% ∆ YOY
Jan
$1.387 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,420,000
$1,260,000
$1,330,000
$1,387,510
-2.3%
Average Price per Square Foot
$621
$783
$787
$778
25.3%
Properties Sold
9
26
30
20
122.2%
Properties Pending Sale
14
29
27
20
42.9%
Properties For Sale
73
94
87
70
-4.1%
Days on Market (Pending Sale)
22
29
18
28
25.7%
Percent Under Contract
19.2%
30.9%
31.0%
28.6%
49.0%
Average Median Price for Last 12 Months
$1,310,063
$1,369,252
$1,369,170
$1,326,655
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Altadena Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
82
Micro Market Report : January 2024
Arcadia Single Family Residences, January 2024
Current Market Snapshot
$1,755,000 Median Sales Price
$715
Average $/SF
$1.300
Jan Feb
35.0% ∆ YOY
Mar Apr May Jun Jul Aug
12.6% ∆ YOY
Sep
111
Oct Nov Dec
Properties For Sale
-29.7% ∆ YOY
Jan
$1.755 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,300,000
$1,700,840
$1,775,000
$1,755,000
35.0%
Average Price per Square Foot
$635
$683
$670
$715
12.6%
Properties Sold
16
26
24
25
56.2%
Properties Pending Sale
24
30
29
16
-33.3%
Properties For Sale
158
147
148
111
-29.7%
Days on Market (Pending Sale)
67
31
51
54
-19.1%
Percent Under Contract
15.2%
20.4%
19.6%
14.4%
-5.1%
Average Median Price for Last 12 Months
$1,677,596
$1,673,667
$1,604,000
$1,609,749
-4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Arcadia Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
83
Duarte Single Family Residences, January 2024
Current Market Snapshot
$720,000 Median Sales Price
$599 Average $/SF
$598
Jan Feb
20.4% ∆ YOY
Mar Apr May Jun Jul Aug
-4.9% ∆ YOY
Sep
23
Oct Nov Dec
Properties For Sale
-23.3% ∆ YOY
Jan
$720 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$598,000
$758,000
$728,750
$720,000
20.4%
Average Price per Square Foot
$630
$523
$522
$599
-4.9%
Properties Sold
4
8
12
8
100.0%
Properties Pending Sale
6
12
3
5
-16.7%
Properties For Sale
30
31
33
23
-23.3%
Days on Market (Pending Sale)
22
50
12
14
-37.3%
Percent Under Contract
20.0%
38.7%
9.1%
21.7%
8.7%
Average Median Price for Last 12 Months
$685,042
$764,375
$790,833
$753,635
10.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Duarte Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
84
Micro Market Report : January 2024
Eagle Rock Single Family Residences, January 2024
Current Market Snapshot
$1,307,000 Median Sales Price
$919
Average $/SF
$1.480
Jan Feb
-11.7% ∆ YOY
Mar Apr May Jun Jul Aug
11.8% ∆ YOY
Sep
33
Oct Nov Dec
Properties For Sale
10.0% ∆ YOY
Jan
$1.307 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,480,000
$1,300,000
$1,087,111
$1,307,000
-11.7%
Average Price per Square Foot
$822
$842
$867
$919
11.8%
Properties Sold
5
16
10
5
0.0%
Properties Pending Sale
5
14
12
5
0.0%
Properties For Sale
30
37
47
33
10.0%
Days on Market (Pending Sale)
16
24
24
15
-7.6%
Percent Under Contract
16.7%
37.8%
25.5%
15.2%
-9.1%
Average Median Price for Last 12 Months
$1,405,207
$1,311,777
$1,364,833
$1,352,477
-3.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Eagle Rock Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
85
La Canada Flintridge Single Family Residences, January 2024
Current Market Snapshot
$2,400,000 Median Sales Price
$859 Average $/SF
10.3% ∆ YOY
$2.175
Jan Feb Mar Apr May Jun Jul Aug
-9.3% ∆ YOY
Sep
76
Oct Nov Dec
Properties For Sale
-13.6% ∆ YOY
Jan
$2.400 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,175,000
$2,312,000
$2,190,000
$2,400,000
10.3%
Average Price per Square Foot
$947
$959
$890
$859
-9.3%
Properties Sold
11
19
12
3
-72.7%
Properties Pending Sale
6
15
12
7
16.7%
Properties For Sale
88
97
94
76
-13.6%
Days on Market (Pending Sale)
61
43
41
20
-67.0%
Percent Under Contract
6.8%
15.5%
12.8%
9.2%
35.1%
Average Median Price for Last 12 Months
$2,318,667
$2,354,167
$2,586,667
$2,396,731
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in La Canada Flintridge Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
86
Micro Market Report : January 2024
Monrovia Single Family Residences, January 2024
Current Market Snapshot
$1,150,000 Median Sales Price
$607 Average $/SF
$950
Jan Feb
20.9% ∆ YOY
Mar Apr May Jun Jul Aug
-1.6% ∆ YOY
Sep
40
Oct Nov Dec
Properties For Sale
-34.4% ∆ YOY
Jan
$1.150 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$950,900
$1,025,000
$1,150,000
$1,150,000
20.9%
Average Price per Square Foot
$617
$567
$618
$607
-1.6%
Properties Sold
8
10
14
7
-12.5%
Properties Pending Sale
10
12
11
9
-10.0%
Properties For Sale
61
52
63
40
-34.4%
Days on Market (Pending Sale)
44
23
24
47
6.1%
Percent Under Contract
16.4%
23.1%
17.5%
22.5%
37.3%
Average Median Price for Last 12 Months
$1,038,639
$1,033,250
$1,045,500
$1,009,269
-2.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Monrovia Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
87
Pasadena Single Family Residences, January 2024
Current Market Snapshot
$1,450,000 Median Sales Price
$857
Average $/SF
$1.277
Jan Feb
13.5% ∆ YOY
Mar Apr May Jun Jul Aug
12.3% ∆ YOY
Sep
212
Oct Nov Dec
Properties For Sale
-15.2% ∆ YOY
Jan
$1.450 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,277,500
$1,346,501
$1,325,000
$1,450,000
13.5%
Average Price per Square Foot
$763
$807
$841
$857
12.3%
Properties Sold
46
60
52
35
-23.9%
Properties Pending Sale
37
53
57
46
24.3%
Properties For Sale
250
271
273
212
-15.2%
Days on Market (Pending Sale)
51
22
34
27
-46.4%
Percent Under Contract
14.8%
19.6%
20.9%
21.7%
46.6%
Average Median Price for Last 12 Months
$1,345,629
$1,388,003
$1,410,172
$1,377,640
2.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Pasadena Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
88
Micro Market Report : January 2024
San Gabriel Single Family Residences, January 2024
Current Market Snapshot
$1,200,000 Median Sales Price
$705 Average $/SF
$920
Jan Feb
30.4% ∆ YOY
Mar Apr May Jun Jul Aug
16.1% ∆ YOY
Sep
33
Oct Nov Dec
Properties For Sale
-25.0% ∆ YOY
Jan
$1.200 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$920,000
$1,080,000
$1,130,000
$1,200,000
30.4%
Average Price per Square Foot
$607
$746
$724
$705
16.1%
Properties Sold
11
19
15
15
36.4%
Properties Pending Sale
6
11
11
11
83.3%
Properties For Sale
44
43
40
33
-25.0%
Days on Market (Pending Sale)
20
47
24
27
38.5%
Percent Under Contract
13.6%
25.6%
27.5%
33.3%
144.4%
Average Median Price for Last 12 Months
$1,095,667
$1,201,733
$1,203,467
$1,135,381
3.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Gabriel Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
89
San Marino Single Family Residences, January 2024
Current Market Snapshot
$2,750,000 Median Sales Price
$944 Average $/SF
$6.318
Jan Feb
-56.5% ∆ YOY
Mar Apr May Jun Jul Aug
-13.6% ∆ YOY
Sep
49
Oct Nov Dec
Properties For Sale
-12.5% ∆ YOY
Jan
$2.750 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$6,318,000
$3,700,000
$2,200,000
$2,750,000
-56.5%
Average Price per Square Foot
$1,092
$1,072
$1,003
$944
-13.6%
Properties Sold
3
9
11
4
33.3%
Properties Pending Sale
3
11
14
1
-66.7%
Properties For Sale
56
67
67
49
-12.5%
Days on Market (Pending Sale)
31
35
13
18
-41.9%
Percent Under Contract
5.4%
16.4%
20.9%
2.0%
-61.9%
Average Median Price for Last 12 Months
$2,955,758
$2,758,333
$2,895,000
$2,960,577
0.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Marino Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
90
Micro Market Report : January 2024
Sierra Madre Single Family Residences, January 2024
Current Market Snapshot
$1,224,500 Median Sales Price
$809 Average $/SF
$1.185
Jan Feb Mar
3.3% ∆ YOY
Apr May Jun Jul Aug
17.9% ∆ YOY
Sep
31
Oct Nov Dec
Properties For Sale
-26.2% ∆ YOY
Jan
$1.224 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,185,755
$1,557,500
$1,644,250
$1,224,500
3.3%
Average Price per Square Foot
$686
$780
$651
$809
17.9%
Properties Sold
2
10
4
2
0.0%
Properties Pending Sale
7
7
6
5
-28.6%
Properties For Sale
42
43
38
31
-26.2%
Days on Market (Pending Sale)
46
24
21
43
-6.5%
Percent Under Contract
16.7%
16.3%
15.8%
16.1%
-3.2%
Average Median Price for Last 12 Months
$1,553,084
$1,605,458
$1,371,833
$1,563,423
0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Sierra Madre Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
91
South Pasadena Single Family Residences, January 2024
Current Market Snapshot
$1,300,000 Median Sales Price
$864 Average $/SF
$1.715
Jan Feb
-24.2% ∆ YOY
Mar Apr May Jun Jul Aug
2.0% ∆ YOY
Sep
32
Oct Nov Dec
Properties For Sale
-11.1% ∆ YOY
Jan
$1.300 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,715,000
$2,305,000
$1,975,000
$1,300,000
-24.2%
Average Price per Square Foot
$847
$882
$852
$864
2.0%
Properties Sold
6
6
7
3
-50.0%
Properties Pending Sale
5
8
8
6
20.0%
Properties For Sale
36
46
37
32
-11.1%
Days on Market (Pending Sale)
23
35
19
14
-36.6%
Percent Under Contract
13.9%
17.4%
21.6%
18.8%
35.0%
Average Median Price for Last 12 Months
$1,979,329
$1,638,417
$1,493,667
$1,877,735
-5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in South Pasadena Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
92
Micro Market Report : January 2024
Orange County Single Family Residences
93
Orange County Macro
Mission Viejo
Aliso Viejo
Monarch Beach
Balboa Peninsula
Nelle Gail
Capistrano Beach
Newport Beach
Corona Del Mar
Newport Coast
Corona Del Mar - Spyglass
Newport Heights
Costa Mesa
Norco
Coto De Caza
North Tustin
Crystal Cove
Orange
Dana Point
Rancho Missionn Viejo
East Bluff - Harbor View
Rancho Santa Margarita
East Costa Mesa
San Clemente
Costa Mesa
San Juan Capistrano
Fountain Valley
Santa Ana
Huntington Beach
Seal Beach
Irvine
Shady Canyon
Ladera Ranch
Turtle Ridge
Laguna Beach
Turtle Rock
Laguna Hills
Tustin
Laguna Niguel
Westminster
Laguna Woods
West Bay - Santa Ana
Lake Forest
Heights
Lantern Village In Dana Point
West Newport - Lido
Lower Newport Bay - Balboa Island
Yorba Linda
Micro Market Report : January 2024
Orange County
Country
United States
At a Glance
State
California
Region
Greater Los Angeles
Formed
1889
County seat
Santa Ana
Largest City (Area)
Irvine
Largest City (Population)
Anaheim
Incorporated Cities
34
Area Total
948 mi2 (2,460km2)
Land
799 mi2 (2,070km2)
Water
157 mi2 (410km2)
Highest Elevation
5,690 ft (1,730 m)
Population Total
3,186,989
Density
3,989/mi2 (1,540/km2)
GDP
$233 Billion
Micro Market Report : January 2024
94
Orange County Single Family Residences, January 2024
Current Market Snapshot
$1,300,000 Median Sales Price
$1.155
Jan Feb
12.6% ∆ YOY
Mar Apr May
$794
Jun Jul
Average $/SF
Aug
11.5% ∆ YOY
Sep
2,499
Properties For Sale
Oct Nov Dec
-23.5% ∆ YOY
Jan
$1.300 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,155,000
$1,275,000
$1,260,000
$1,300,000
12.6%
Average Price per Square Foot
$712
$762
$736
$794
11.5%
Properties Sold
707
1101
1009
681
-3.7%
Properties Pending Sale
817
1147
950
899
10.0%
Properties For Sale
3,265
3,576
3,289
2,499
-23.5%
Days on Market (Pending Sale)
46
24
27
34
-25.3%
Percent Under Contract
25.0%
32.1%
28.9%
36.0%
43.8%
Average Median Price for Last 12 Months
$1,202,833
$1,283,000
$1,284,333
$1,246,769
3.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Orange County Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
95
Micro Market Report : January 2024
Aliso Viejo Single Family Residences, January 2024
Current Market Snapshot
$1,400,000 Median Sales Price
$633 Average $/SF
$1.155
Jan Feb
21.2% ∆ YOY
Mar Apr May Jun Jul Aug
-1.7% ∆ YOY
Sep
12
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$1.400 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,155,000
$1,270,000
$1,418,000
$1,400,000
21.2%
Average Price per Square Foot
$644
$647
$712
$633
-1.7%
Properties Sold
2
12
7
9
350.0%
Properties Pending Sale
3
12
8
8
166.7%
Properties For Sale
12
25
27
12
0.0%
Days on Market (Pending Sale)
30
17
36
29
-6.0%
Percent Under Contract
25.0%
48.0%
29.6%
66.7%
166.7%
Average Median Price for Last 12 Months
$1,271,250
$1,408,000
$1,445,000
$1,340,615
5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Aliso Viejo Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
96
Balboa Peninsula Single Family Residences, January 2024
Current Market Snapshot
$7,500,000 Median Sales Price
Feb
47.3% ∆ YOY
Mar Apr May
$2,792 Average $/SF
$5.093
Jan
Jun Jul Aug
24.6% ∆ YOY
Sep
31
Oct Nov Dec
Properties For Sale
24.0% ∆ YOY
Jan
$7.500 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$5,093,000
$3,050,000
$3,170,500
$7,500,000
47.3%
Average Price per Square Foot
$2,240
$1,937
$1,777
$2,792
24.6%
Properties Sold
5
3
4
9
80.0%
Properties Pending Sale
1
4
3
2
100.0%
Properties For Sale
25
40
38
31
24.0%
Days on Market (Pending Sale)
4
45
11
152
3687.5%
Percent Under Contract
4.0%
10.0%
7.9%
6.5%
61.3%
Average Median Price for Last 12 Months
$5,378,895
$7,916,078
$8,568,656
$6,109,767
13.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Balboa Peninsula Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
97
Micro Market Report : January 2024
Capistrano Beach Single Family Residences, January 2024
Current Market Snapshot
$1,975,000 Median Sales Price
$809 Average $/SF
$1.370
Jan Feb
44.2% ∆ YOY
Mar Apr May Jun Jul Aug
17.8% ∆ YOY
Sep
24
Oct Nov Dec
Properties For Sale
20.0% ∆ YOY
Jan
$1.975 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,370,000
$1,400,000
$1,631,900
$1,975,000
44.2%
Average Price per Square Foot
$687
$756
$936
$809
17.8%
Properties Sold
4
7
2
2
-50.0%
Properties Pending Sale
4
4
3
1
-75.0%
Properties For Sale
20
31
25
24
20.0%
Days on Market (Pending Sale)
64
28
13
4
-93.7%
Percent Under Contract
20.0%
12.9%
12.0%
4.2%
-79.2%
Average Median Price for Last 12 Months
$2,575,208
$1,635,733
$1,640,000
$1,799,492
-30.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Capistrano Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
98
Corona del Mar Single Family Residences, January 2024
Current Market Snapshot
$4,900,000 Median Sales Price
Feb
24.8% ∆ YOY
Mar Apr May
$2,146 Average $/SF
$3.925
Jan
Jun Jul Aug
45.6% ∆ YOY
Sep
49
Oct Nov Dec
Properties For Sale
-3.9% ∆ YOY
Jan
$4.900 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,925,000
$4,205,000
$4,500,000
$4,900,000
24.8%
Average Price per Square Foot
$1,474
$1,663
$1,723
$2,146
45.6%
Properties Sold
13
10
11
6
-53.8%
Properties Pending Sale
7
12
9
8
14.3%
Properties For Sale
51
63
60
49
-3.9%
Days on Market (Pending Sale)
50
53
50
65
30.0%
Percent Under Contract
13.7%
19.0%
15.0%
16.3%
19.0%
Average Median Price for Last 12 Months
$4,557,667
$5,950,083
$6,766,667
$4,942,231
8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Corona del Mar Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
99
Micro Market Report : January 2024
Corona del Mar - Spyglass Single Family Residences, January 2024
Current Market Snapshot
$4,900,000 Median Sales Price
Feb
24.8% ∆ YOY
Mar Apr May
$2,146 Average $/SF
$3.925
Jan
Jun Jul Aug
45.6% ∆ YOY
Sep
48
Oct Nov Dec
Properties For Sale
-7.7% ∆ YOY
Jan
$4.900 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,925,000
$4,205,000
$4,500,000
$4,900,000
24.8%
Average Price per Square Foot
$1,474
$1,663
$1,723
$2,146
45.6%
Properties Sold
13
10
11
6
-53.8%
Properties Pending Sale
7
12
9
8
14.3%
Properties For Sale
52
63
58
48
-7.7%
Days on Market (Pending Sale)
50
53
50
65
30.0%
Percent Under Contract
13.5%
19.0%
15.5%
16.7%
23.8%
Average Median Price for Last 12 Months
$4,705,667
$5,950,083
$6,766,667
$4,949,923
5.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Corona del Mar - Spyglass Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
100
Costa Mesa Single Family Residences, January 2024
Current Market Snapshot
$1,465,000 Median Sales Price
$715
Average $/SF
$1.287
Jan Feb
13.8% ∆ YOY
Mar Apr May Jun Jul Aug
4.4% ∆ YOY
Sep
65
Oct Nov Dec
Properties For Sale
-30.1% ∆ YOY
Jan
$1.465 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,287,500
$1,430,000
$1,292,500
$1,465,000
13.8%
Average Price per Square Foot
$685
$834
$802
$715
4.4%
Properties Sold
28
30
30
22
-21.4%
Properties Pending Sale
23
38
34
21
-8.7%
Properties For Sale
93
105
97
65
-30.1%
Days on Market (Pending Sale)
37
30
15
36
-2.8%
Percent Under Contract
24.7%
36.2%
35.1%
32.3%
30.6%
Average Median Price for Last 12 Months
$1,301,583
$1,371,917
$1,407,167
$1,339,212
2.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Costa Mesa Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
101
Micro Market Report : January 2024
Coto de Caza Single Family Residences, January 2024
Current Market Snapshot
$1,800,000 Median Sales Price
$554 Average $/SF
$2.049
Jan Feb
-12.2% ∆ YOY
Mar Apr May Jun Jul Aug
17.4% ∆ YOY
Sep
32
Oct Nov Dec
Properties For Sale
-5.9% ∆ YOY
Jan
$1.800 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,049,000
$2,450,000
$1,701,250
$1,800,000
-12.2%
Average Price per Square Foot
$472
$575
$548
$554
17.4%
Properties Sold
5
11
8
7
40.0%
Properties Pending Sale
6
15
11
16
166.7%
Properties For Sale
34
45
46
32
-5.9%
Days on Market (Pending Sale)
38
17
45
36
-6.2%
Percent Under Contract
17.6%
33.3%
23.9%
50.0%
183.3%
Average Median Price for Last 12 Months
$2,002,917
$1,960,733
$1,984,383
$1,981,685
-1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Coto de Caza Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
102
Crystal Cove Single Family Residences, January 2024
Current Market Snapshot
No Sales Median Sales Price
Feb
-100.0% ∆ YOY
Mar Apr May
No Sales Average $/SF
$6.900
Jan
Jun Jul Aug
-100.0% ∆ YOY
Sep
10
Oct Nov Dec
Properties For Sale
-23.1% ∆ YOY
Jan
Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$6,900,000
$10,300,000
$0
$0
-100.0%
Average Price per Square Foot
$2,071
$1,853
$0
$0
-100.0%
Properties Sold
1
1
0
0
-100.0%
Properties Pending Sale
1
1
0
0
-100.0%
Properties For Sale
13
10
8
10
-23.1%
Days on Market (Pending Sale)
147
79
0
0
-100.0%
Percent Under Contract
7.7%
10.0%
0.0%
0.0%
-100.0%
Average Median Price for Last 12 Months
$11,085,625
$3,461,667
$0
$6,305,000
-43.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Crystal Cove Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
103
Micro Market Report : January 2024
Dana Point Single Family Residences, January 2024
Current Market Snapshot
$1,707,500 Median Sales Price
$794 Average $/SF
$1.959
Jan Feb
-12.8% ∆ YOY
Mar Apr May Jun Jul Aug
-28.4% ∆ YOY
Sep
85
Oct Nov Dec
Properties For Sale
3.7% ∆ YOY
Jan
$1.707 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,959,000
$1,747,500
$1,700,000
$1,707,500
-12.8%
Average Price per Square Foot
$1,109
$1,383
$1,096
$794
-28.4%
Properties Sold
14
38
13
6
-57.1%
Properties Pending Sale
18
26
15
15
-16.7%
Properties For Sale
82
115
86
85
3.7%
Days on Market (Pending Sale)
45
27
45
29
-37.1%
Percent Under Contract
22.0%
22.6%
17.4%
17.6%
-19.6%
Average Median Price for Last 12 Months
$2,096,167
$2,040,250
$1,905,833
$1,944,077
-7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Dana Point Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
104
East Bluff - Harbor View Single Family Residences, January 2024
Current Market Snapshot
$3,400,000 Median Sales Price
25.9% ∆ YOY
Feb Mar Apr May
$1,084 Average $/SF
$2.700
Jan
Jun Jul Aug
6.3% ∆ YOY
Sep
43
Oct Nov Dec
Properties For Sale
22.9% ∆ YOY
Jan
$3.400 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,700,000
$3,897,500
$3,326,500
$3,400,000
25.9%
Average Price per Square Foot
$1,020
$1,321
$1,107
$1,084
6.3%
Properties Sold
7
14
11
6
-14.3%
Properties Pending Sale
7
15
8
12
71.4%
Properties For Sale
35
56
45
43
22.9%
Days on Market (Pending Sale)
78
24
45
37
-52.4%
Percent Under Contract
20.0%
26.8%
17.8%
27.9%
39.5%
Average Median Price for Last 12 Months
$3,294,091
$3,330,250
$3,148,333
$3,106,077
-5.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in East Bluff - Harbor View Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
105
Micro Market Report : January 2024
East Costa Mesa Single Family Residences, January 2024
Current Market Snapshot
$1,650,000 Median Sales Price
$791
Average $/SF
$1.382
Jan Feb
19.3% ∆ YOY
Mar Apr May Jun Jul Aug
0.4% ∆ YOY
Sep
28
Oct Nov Dec
Properties For Sale
-9.7% ∆ YOY
Jan
$1.650 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,382,500
$2,137,500
$1,667,500
$1,650,000
19.3%
Average Price per Square Foot
$788
$937
$1,056
$791
0.4%
Properties Sold
8
12
8
3
-62.5%
Properties Pending Sale
6
13
12
8
33.3%
Properties For Sale
31
40
31
28
-9.7%
Days on Market (Pending Sale)
37
41
18
36
-1.7%
Percent Under Contract
19.4%
32.5%
38.7%
28.6%
47.6%
Average Median Price for Last 12 Months
$1,659,792
$1,741,667
$1,756,667
$1,714,038
3.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in East Costa Mesa Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
106
Fountain Valley Single Family Residences, January 2024
Current Market Snapshot
$1,290,000 Median Sales Price
$648 Average $/SF
$1.208
Jan Feb Mar
6.7% ∆ YOY
Apr May Jun Jul Aug
11.9% ∆ YOY
Sep
44
Oct Nov Dec
Properties For Sale
-51.1% ∆ YOY
Jan
$1.290 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,208,500
$1,300,000
$1,335,000
$1,290,000
6.7%
Average Price per Square Foot
$579
$642
$668
$648
11.9%
Properties Sold
16
23
19
17
6.2%
Properties Pending Sale
28
22
20
16
-42.9%
Properties For Sale
90
67
67
44
-51.1%
Days on Market (Pending Sale)
40
19
12
27
-33.5%
Percent Under Contract
31.1%
32.8%
29.9%
36.4%
16.9%
Average Median Price for Last 12 Months
$1,208,300
$1,326,042
$1,327,917
$1,279,904
5.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Fountain Valley Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
107
Micro Market Report : January 2024
Huntington Beach Single Family Residences, January 2024
Current Market Snapshot
$1,390,000 Median Sales Price
$765
Average $/SF
$1.247
Jan Feb
11.4% ∆ YOY
Mar Apr May Jun Jul Aug
14.7% ∆ YOY
Sep
196
Oct Nov Dec
Properties For Sale
-9.7% ∆ YOY
Jan
$1.390 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,247,500
$1,386,944
$1,271,000
$1,390,000
11.4%
Average Price per Square Foot
$667
$768
$734
$765
14.7%
Properties Sold
50
88
100
49
-2.0%
Properties Pending Sale
50
106
85
62
24.0%
Properties For Sale
217
289
275
196
-9.7%
Days on Market (Pending Sale)
39
25
22
44
13.0%
Percent Under Contract
23.0%
36.7%
30.9%
31.6%
37.3%
Average Median Price for Last 12 Months
$1,317,300
$1,378,750
$1,393,417
$1,344,188
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Huntington Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
108
Irvine Single Family Residences, January 2024
Current Market Snapshot
$2,236,000 Median Sales Price
$953 Average $/SF
$1.900
Jan Feb
17.7% ∆ YOY
Mar Apr May Jun Jul Aug
25.7% ∆ YOY
Sep
158
Oct Nov Dec
Properties For Sale
-26.2% ∆ YOY
Jan
$2.236 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,900,000
$1,950,000
$2,220,000
$2,236,000
17.7%
Average Price per Square Foot
$758
$834
$841
$953
25.7%
Properties Sold
49
87
65
62
26.5%
Properties Pending Sale
58
78
77
76
31.0%
Properties For Sale
214
231
217
158
-26.2%
Days on Market (Pending Sale)
48
18
23
30
-37.6%
Percent Under Contract
27.1%
33.8%
35.5%
48.1%
77.5%
Average Median Price for Last 12 Months
$1,793,286
$2,121,750
$2,143,667
$2,015,996
12.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Irvine Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
109
Micro Market Report : January 2024
Ladera Ranch Single Family Residences, January 2024
Current Market Snapshot
$2,026,000 Median Sales Price
$663 Average $/SF
$1.435
Jan Feb
41.2% ∆ YOY
Mar Apr May Jun Jul Aug
20.1% ∆ YOY
Sep
17
Oct Nov Dec
Properties For Sale
-54.1% ∆ YOY
Jan
$2.026 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,435,000
$1,640,000
$1,920,000
$2,026,000
41.2%
Average Price per Square Foot
$552
$627
$709
$663
20.1%
Properties Sold
8
11
7
10
25.0%
Properties Pending Sale
12
7
11
6
-50.0%
Properties For Sale
37
30
32
17
-54.1%
Days on Market (Pending Sale)
31
21
32
48
52.4%
Percent Under Contract
32.4%
23.3%
34.4%
35.3%
8.8%
Average Median Price for Last 12 Months
$1,774,288
$2,074,500
$2,377,000
$1,833,885
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Ladera Ranch Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
110
Laguna Beach Single Family Residences, January 2024
Current Market Snapshot
$2,850,000 Median Sales Price
Feb Mar
-1.7% ∆ YOY
Apr May
$1,898 Average $/SF
$2.900
Jan
Jun Jul Aug
0.6% ∆ YOY
Sep
138
Oct Nov Dec
Properties For Sale
19.0% ∆ YOY
Jan
$2.850 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,900,000
$3,504,515
$3,300,000
$2,850,000
-1.7%
Average Price per Square Foot
$1,887
$1,735
$2,286
$1,898
0.6%
Properties Sold
13
16
13
14
7.7%
Properties Pending Sale
11
18
22
17
54.5%
Properties For Sale
116
166
174
138
19.0%
Days on Market (Pending Sale)
64
60
78
110
71.6%
Percent Under Contract
9.5%
10.8%
12.6%
12.3%
29.9%
Average Median Price for Last 12 Months
$3,149,493
$3,168,333
$3,328,333
$3,188,486
1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Laguna Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
111
Micro Market Report : January 2024
Laguna Hills Single Family Residences, January 2024
Current Market Snapshot
$1,287,500 Median Sales Price
$668 Average $/SF
$1.369
Jan Feb
-6.0% ∆ YOY
Mar Apr May Jun Jul Aug
16.6% ∆ YOY
Sep
31
Oct Nov Dec
Properties For Sale
-36.7% ∆ YOY
Jan
$1.287 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,369,950
$1,657,500
$1,285,056
$1,287,500
-6.0%
Average Price per Square Foot
$573
$592
$593
$668
16.6%
Properties Sold
14
14
18
8
-42.9%
Properties Pending Sale
12
16
10
15
25.0%
Properties For Sale
49
41
32
31
-36.7%
Days on Market (Pending Sale)
24
26
26
28
16.2%
Percent Under Contract
24.5%
39.0%
31.2%
48.4%
97.6%
Average Median Price for Last 12 Months
$1,403,265
$1,315,009
$1,380,000
$1,387,039
-1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Laguna Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
112
Laguna Niguel Single Family Residences, January 2024
Current Market Snapshot
$1,620,000 Median Sales Price
$740 Average $/SF
$1.440
Jan Feb
12.5% ∆ YOY
Mar Apr May Jun Jul Aug
25.2% ∆ YOY
Sep
82
Oct Nov Dec
Properties For Sale
-15.5% ∆ YOY
Jan
$1.620 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,440,000
$1,475,000
$1,510,000
$1,620,000
12.5%
Average Price per Square Foot
$591
$715
$730
$740
25.2%
Properties Sold
18
34
31
16
-11.1%
Properties Pending Sale
23
40
25
32
39.1%
Properties For Sale
97
114
96
82
-15.5%
Days on Market (Pending Sale)
53
52
22
44
-18.3%
Percent Under Contract
23.7%
35.1%
26.0%
39.0%
64.6%
Average Median Price for Last 12 Months
$1,523,219
$1,599,917
$1,573,167
$1,523,154
-0.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Laguna Niguel Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
113
Micro Market Report : January 2024
Lake Forest Single Family Residences, January 2024
Current Market Snapshot
$1,360,000 Median Sales Price
$590 Average $/SF
$1.184
Jan Feb
14.8% ∆ YOY
Mar Apr May Jun Jul Aug
4.8% ∆ YOY
Sep
79
Oct Nov Dec
Properties For Sale
-34.2% ∆ YOY
Jan
$1.360 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,184,450
$1,330,000
$1,564,000
$1,360,000
14.8%
Average Price per Square Foot
$563
$572
$616
$590
4.8%
Properties Sold
21
44
42
25
19.0%
Properties Pending Sale
37
34
29
23
-37.8%
Properties For Sale
120
122
102
79
-34.2%
Days on Market (Pending Sale)
54
22
37
30
-44.3%
Percent Under Contract
30.8%
27.9%
28.4%
29.1%
-5.6%
Average Median Price for Last 12 Months
$1,219,487
$1,369,000
$1,311,667
$1,317,515
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Lake Forest Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
114
Lantern Village in Dana Point Single Family Residences, January 2024
Current Market Snapshot
$1,680,000 Median Sales Price
$915
Average $/SF
$1.900
Jan Feb
-11.6% ∆ YOY
Mar Apr May Jun Jul Aug
4.2% ∆ YOY
Sep
11
Oct Nov Dec
Properties For Sale
10.0% ∆ YOY
Jan
$1.680 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,900,000
$1,747,500
$1,700,000
$1,680,000
-11.6%
Average Price per Square Foot
$878
$1,610
$1,211
$915
4.2%
Properties Sold
2
6
3
1
-50.0%
Properties Pending Sale
2
3
3
1
-50.0%
Properties For Sale
10
18
14
11
10.0%
Days on Market (Pending Sale)
109
3
43
16
-85.3%
Percent Under Contract
20.0%
16.7%
21.4%
9.1%
-54.5%
Average Median Price for Last 12 Months
$1,518,458
$2,204,333
$1,793,333
$1,727,769
13.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Lantern Village in Dana Point Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
115
Micro Market Report : January 2024
Lower Newport Bay - Balboa Island Single Family Residences, January 2024
Current Market Snapshot
$7,000,000 Median Sales Price
Feb
25.6% ∆ YOY
Mar Apr May
$1,833 Average $/SF
$5.575
Jan
Jun Jul Aug
-3.9% ∆ YOY
Sep
12
Oct Nov Dec
Properties For Sale
-29.4% ∆ YOY
Jan
$7.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$5,575,000
$4,500,000
$5,695,000
$7,000,000
25.6%
Average Price per Square Foot
$1,908
$3,005
$2,453
$1,833
-3.9%
Properties Sold
2
5
5
3
50.0%
Properties Pending Sale
0
6
2
3
n/a
Properties For Sale
17
21
14
12
-29.4%
Days on Market (Pending Sale)
0
42
12
51
n/a
Percent Under Contract
0.0%
28.6%
14.3%
25.0%
n/a
Average Median Price for Last 12 Months
$6,908,965
$6,431,667
$5,883,333
$5,712,304
-17.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Lower Newport Bay - Balboa Island Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
116
Mission Viejo Single Family Residences, January 2024
Current Market Snapshot
$1,225,000 Median Sales Price
$628 Average $/SF
$980
Jan Feb
25.0% ∆ YOY
Mar Apr May Jun Jul Aug
17.8% ∆ YOY
Sep
102
Oct Nov Dec
Properties For Sale
-33.8% ∆ YOY
Jan
$1.225 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$980,000
$1,140,000
$1,182,500
$1,225,000
25.0%
Average Price per Square Foot
$533
$626
$616
$628
17.8%
Properties Sold
38
56
52
28
-26.3%
Properties Pending Sale
49
51
41
45
-8.2%
Properties For Sale
154
143
133
102
-33.8%
Days on Market (Pending Sale)
37
22
25
29
-21.6%
Percent Under Contract
31.8%
35.7%
30.8%
44.1%
38.7%
Average Median Price for Last 12 Months
$1,114,015
$1,182,250
$1,193,500
$1,128,750
1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Mission Viejo Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
117
Micro Market Report : January 2024
Monarch Beach Single Family Residences, January 2024
Current Market Snapshot
No Sales Median Sales Price
Feb
-100.0% ∆ YOY
Mar Apr May
No Sales Average $/SF
$2.407
Jan
Jun Jul Aug
-100.0% ∆ YOY
Sep
34
Oct Nov Dec
Properties For Sale
-20.9% ∆ YOY
Jan
Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,407,500
$2,985,000
$2,425,000
$0
-100.0%
Average Price per Square Foot
$1,336
$1,799
$1,292
$0
-100.0%
Properties Sold
8
15
5
0
-100.0%
Properties Pending Sale
10
14
5
5
-50.0%
Properties For Sale
43
50
34
34
-20.9%
Days on Market (Pending Sale)
33
37
74
36
7.6%
Percent Under Contract
23.3%
28.0%
14.7%
14.7%
-36.8%
Average Median Price for Last 12 Months
$2,645,667
$2,838,167
$2,234,667
$2,865,575
8.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Monarch Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
118
Newport Beach Single Family Residences, January 2024
Current Market Snapshot
$5,825,000 Median Sales Price
Feb
35.6% ∆ YOY
Mar Apr May
$1,943 Average $/SF
$4.295
Jan
Jun Jul Aug
23.9% ∆ YOY
Sep
158
Oct Nov Dec
Properties For Sale
8.2% ∆ YOY
Jan
$5.825 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$4,295,000
$3,175,000
$3,300,000
$5,825,000
35.6%
Average Price per Square Foot
$1,568
$1,573
$1,445
$1,943
23.9%
Properties Sold
23
40
35
23
0.0%
Properties Pending Sale
18
42
30
32
77.8%
Properties For Sale
146
199
192
158
8.2%
Days on Market (Pending Sale)
60
26
34
58
-3.2%
Percent Under Contract
12.3%
21.1%
15.6%
20.3%
64.3%
Average Median Price for Last 12 Months
$3,736,292
$4,179,167
$4,441,667
$3,804,000
1.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Newport Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
119
Micro Market Report : January 2024
Newport Coast Single Family Residences, January 2024
Current Market Snapshot
$7,722,500 Median Sales Price
Feb
18.0% ∆ YOY
Mar Apr May
$1,688 Average $/SF
$6.546
Jan
Jun Jul Aug
-10.7% ∆ YOY
Sep
34
Oct Nov Dec
Properties For Sale
-45.2% ∆ YOY
Jan
$7.722 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$6,546,500
$6,550,000
$8,237,500
$7,722,500
18.0%
Average Price per Square Foot
$1,890
$1,652
$1,651
$1,688
-10.7%
Properties Sold
4
9
6
4
0.0%
Properties Pending Sale
6
9
7
4
-33.3%
Properties For Sale
62
38
39
34
-45.2%
Days on Market (Pending Sale)
42
61
25
61
46.4%
Percent Under Contract
9.7%
23.7%
17.9%
11.8%
21.6%
Average Median Price for Last 12 Months
$6,075,995
$7,357,083
$6,966,833
$6,387,385
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Newport Coast Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
120
Newport Heights Single Family Residences, January 2024
Current Market Snapshot
$7,149,000 Median Sales Price
Feb
267.1% ∆ YOY
Mar Apr May
$2,546 Average $/SF
$1.947
Jan
Jun Jul Aug
57.0% ∆ YOY
Sep
19
Oct Nov Dec
Properties For Sale
11.8% ∆ YOY
Jan
$7.149 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,947,500
$1,635,000
$5,650,000
$7,149,000
267.1%
Average Price per Square Foot
$1,622
$1,024
$1,249
$2,546
57.0%
Properties Sold
2
3
4
1
-50.0%
Properties Pending Sale
2
4
7
3
50.0%
Properties For Sale
17
17
33
19
11.8%
Days on Market (Pending Sale)
32
17
26
68
113.5%
Percent Under Contract
11.8%
23.5%
21.2%
15.8%
34.2%
Average Median Price for Last 12 Months
$3,075,435
$5,183,167
$5,549,667
$4,116,269
33.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Newport Heights Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
121
Micro Market Report : January 2024
Norco Single Family Residences, January 2024
Current Market Snapshot
$845,000 Median Sales Price
$408 Average $/SF
$725
Jan Feb
16.6% ∆ YOY
Mar Apr May Jun Jul Aug
-5.1% ∆ YOY
Sep
39
Oct Nov Dec
Properties For Sale
-51.9% ∆ YOY
Jan
$845 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$725,000
$920,000
$782,500
$845,000
16.6%
Average Price per Square Foot
$430
$385
$404
$408
-5.1%
Properties Sold
9
8
18
12
33.3%
Properties Pending Sale
20
22
12
13
-35.0%
Properties For Sale
81
71
42
39
-51.9%
Days on Market (Pending Sale)
57
31
27
62
8.0%
Percent Under Contract
24.7%
31.0%
28.6%
33.3%
35.0%
Average Median Price for Last 12 Months
$828,875
$855,417
$842,500
$845,885
2.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Norco Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
122
North Tustin Single Family Residences, January 2024
Current Market Snapshot
$2,200,000 Median Sales Price
$633 Average $/SF
69.8% ∆ YOY
$1.295
Jan Feb Mar Apr May Jun Jul Aug
6.9% ∆ YOY
Sep
24
Oct Nov Dec
Properties For Sale
-63.1% ∆ YOY
Jan
$2.200 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,295,520
$1,688,000
$1,665,000
$2,200,000
69.8%
Average Price per Square Foot
$592
$595
$527
$633
6.9%
Properties Sold
8
15
8
5
-37.5%
Properties Pending Sale
8
19
17
3
-62.5%
Properties For Sale
65
53
42
24
-63.1%
Days on Market (Pending Sale)
16
28
70
41
148.3%
Percent Under Contract
12.3%
35.8%
40.5%
12.5%
1.6%
Average Median Price for Last 12 Months
$1,641,293
$1,742,083
$1,833,333
$1,716,502
4.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in North Tustin Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
123
Micro Market Report : January 2024
Orange Single Family Residences, January 2024
Current Market Snapshot
$1,092,500 Median Sales Price
$626 Average $/SF
$877
Jan Feb
24.6% ∆ YOY
Mar Apr May Jun Jul Aug
17.0% ∆ YOY
Sep
99
Oct Nov Dec
Properties For Sale
-19.5% ∆ YOY
Jan
$1.092 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$877,000
$990,000
$1,020,000
$1,092,500
24.6%
Average Price per Square Foot
$535
$639
$599
$626
17.0%
Properties Sold
30
44
52
34
13.3%
Properties Pending Sale
42
62
31
47
11.9%
Properties For Sale
123
151
114
99
-19.5%
Days on Market (Pending Sale)
56
18
26
27
-51.2%
Percent Under Contract
34.1%
41.1%
27.2%
47.5%
39.0%
Average Median Price for Last 12 Months
$1,025,967
$1,111,167
$1,135,000
$1,058,000
3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Orange Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
124
Rancho Mission Viejo Single Family Residences, January 2024
Current Market Snapshot
$1,180,000 Median Sales Price
$643 Average $/SF
$1.170
Jan Feb Mar
0.9% ∆ YOY
Apr May Jun Jul Aug
10.5% ∆ YOY
Sep
34
Oct Nov Dec
Properties For Sale
3.0% ∆ YOY
Jan
$1.180 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,170,000
$1,271,404
$1,212,000
$1,180,000
0.9%
Average Price per Square Foot
$582
$631
$643
$643
10.5%
Properties Sold
5
19
11
11
120.0%
Properties Pending Sale
7
16
11
15
114.3%
Properties For Sale
33
47
34
34
3.0%
Days on Market (Pending Sale)
30
21
23
24
-19.5%
Percent Under Contract
21.2%
34.0%
32.4%
44.1%
108.0%
Average Median Price for Last 12 Months
$1,294,166
$1,248,417
$1,243,500
$1,238,954
-4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rancho Mission Viejo Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
125
Micro Market Report : January 2024
Rancho Santa Margarita Single Family Residences, January 2024
Current Market Snapshot
$1,304,000 Median Sales Price
$537
Average $/SF
$1.195
Jan Feb Mar
9.1% ∆ YOY
Apr May Jun Jul Aug
-6.0% ∆ YOY
Sep
29
Oct Nov Dec
Properties For Sale
-50.8% ∆ YOY
Jan
$1.304 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,195,000
$1,360,000
$1,187,500
$1,304,000
9.1%
Average Price per Square Foot
$571
$550
$580
$537
-6.0%
Properties Sold
9
25
16
16
77.8%
Properties Pending Sale
14
23
19
14
0.0%
Properties For Sale
59
51
42
29
-50.8%
Days on Market (Pending Sale)
52
18
37
24
-52.7%
Percent Under Contract
23.7%
45.1%
45.2%
48.3%
103.4%
Average Median Price for Last 12 Months
$1,192,038
$1,312,750
$1,306,333
$1,262,144
5.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rancho Santa Margarita Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
126
San Clemente Single Family Residences, January 2024
Current Market Snapshot
$1,770,000 Median Sales Price
$728 Average $/SF
$1.650
Jan Feb Mar
7.3% ∆ YOY
Apr May Jun Jul Aug
-4.0% ∆ YOY
Sep
112
Oct Nov Dec
Properties For Sale
-14.5% ∆ YOY
Jan
$1.770 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,650,000
$1,479,000
$1,800,000
$1,770,000
7.3%
Average Price per Square Foot
$758
$752
$791
$728
-4.0%
Properties Sold
29
26
39
26
-10.3%
Properties Pending Sale
34
37
40
40
17.6%
Properties For Sale
131
152
139
112
-14.5%
Days on Market (Pending Sale)
65
29
45
37
-43.2%
Percent Under Contract
26.0%
24.3%
28.8%
35.7%
37.6%
Average Median Price for Last 12 Months
$1,711,938
$1,739,500
$1,741,667
$1,730,615
1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Clemente Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
127
Micro Market Report : January 2024
San Juan Capistrano Single Family Residences, January 2024
Current Market Snapshot
$1,250,100 Median Sales Price
$642 Average $/SF
$1.070
Jan Feb
16.8% ∆ YOY
Mar Apr May Jun Jul Aug
6.8% ∆ YOY
Sep
63
Oct Nov Dec
Properties For Sale
-11.3% ∆ YOY
Jan
$1.250 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,070,000
$1,820,000
$1,600,000
$1,250,100
16.8%
Average Price per Square Foot
$601
$686
$652
$642
6.8%
Properties Sold
13
24
24
19
46.2%
Properties Pending Sale
16
26
22
20
25.0%
Properties For Sale
71
93
80
63
-11.3%
Days on Market (Pending Sale)
37
26
35
52
40.6%
Percent Under Contract
22.5%
28.0%
27.5%
31.7%
40.9%
Average Median Price for Last 12 Months
$1,592,280
$1,492,517
$1,401,700
$1,496,738
-6.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Juan Capistrano Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
128
Santa Ana Single Family Residences, January 2024
Current Market Snapshot
$890,000 Median Sales Price
$570 Average $/SF
$769
Jan Feb
15.7% ∆ YOY
Mar Apr May Jun Jul Aug
3.1% ∆ YOY
Sep
96
Oct Nov Dec
Properties For Sale
-23.8% ∆ YOY
Jan
$890 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$769,000
$875,000
$867,500
$890,000
15.7%
Average Price per Square Foot
$553
$561
$566
$570
3.1%
Properties Sold
32
49
42
27
-15.6%
Properties Pending Sale
32
36
41
36
12.5%
Properties For Sale
126
123
144
96
-23.8%
Days on Market (Pending Sale)
44
16
27
20
-55.3%
Percent Under Contract
25.4%
29.3%
28.5%
37.5%
47.7%
Average Median Price for Last 12 Months
$821,375
$837,667
$852,833
$834,038
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santa Ana Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
129
Micro Market Report : January 2024
Seal Beach Single Family Residences, January 2024
Current Market Snapshot
$1,385,000 Median Sales Price
$986 Average $/SF
$1.575
Jan Feb
-12.1% ∆ YOY
Mar Apr May Jun Jul Aug
5.3% ∆ YOY
Sep
22
Oct Nov Dec
Properties For Sale
46.7% ∆ YOY
Jan
$1.385 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,575,000
$1,477,500
$1,415,000
$1,385,000
-12.1%
Average Price per Square Foot
$936
$837
$646
$986
5.3%
Properties Sold
6
6
9
5
-16.7%
Properties Pending Sale
6
3
5
9
50.0%
Properties For Sale
15
15
24
22
46.7%
Days on Market (Pending Sale)
84
11
21
59
-29.6%
Percent Under Contract
40.0%
20.0%
20.8%
40.9%
2.3%
Average Median Price for Last 12 Months
$1,484,750
$1,346,667
$1,298,333
$1,474,769
-0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Seal Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
130
Shady Canyon Single Family Residences, January 2024
Current Market Snapshot
$15,500,000 Median Sales Price
-8.8% ∆ YOY
Feb Mar Apr May
$1,418 Average $/SF
$17.000
Jan
Jun Jul Aug
25.8% ∆ YOY
Sep
11
Oct Nov Dec
Properties For Sale
57.1% ∆ YOY
Jan
$15.500 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$17,000,000
$9,200,000
$8,435,000
$15,500,000
-8.8%
Average Price per Square Foot
$1,127
$1,429
$1,375
$1,418
25.8%
Properties Sold
1
2
2
1
0.0%
Properties Pending Sale
1
1
4
1
0.0%
Properties For Sale
7
14
14
11
57.1%
Days on Market (Pending Sale)
21
84
55
41
95.2%
Percent Under Contract
14.3%
7.1%
28.6%
9.1%
-36.4%
Average Median Price for Last 12 Months
$8,106,769
$12,680,833
$12,316,667
$9,841,154
21.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Shady Canyon Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
131
Micro Market Report : January 2024
Turtle Ridge Single Family Residences, January 2024
Current Market Snapshot
$4,000,000 Median Sales Price
17.6% ∆ YOY
Feb Mar Apr May
$1,225 Average $/SF
$3.400
Jan
Jun Jul Aug
28.7% ∆ YOY
Sep
3
Oct Nov Dec
Properties For Sale
-25.0% ∆ YOY
Jan
$4.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,400,000
$4,275,000
$0
$4,000,000
17.6%
Average Price per Square Foot
$952
$1,131
$0
$1,225
28.7%
Properties Sold
4
3
0
1
-75.0%
Properties Pending Sale
0
3
2
0
n/a
Properties For Sale
4
4
4
3
-25.0%
Days on Market (Pending Sale)
0
3
22
0
n/a
Percent Under Contract
0.0%
75.0%
50.0%
0.0%
n/a
Average Median Price for Last 12 Months
$2,844,037
$3,521,667
$4,470,000
$3,072,308
8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Turtle Ridge Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
132
Turtle Rock Single Family Residences, January 2024
Current Market Snapshot
$2,200,000 Median Sales Price
$947 Average $/SF
17.3% ∆ YOY
$1.875
Jan Feb Mar Apr May Jun Jul Aug
11.4% ∆ YOY
Sep
6
Oct Nov Dec
Properties For Sale
-50.0% ∆ YOY
Jan
$2.200 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,875,000
$1,960,000
$5,050,000
$2,200,000
17.3%
Average Price per Square Foot
$850
$1,062
$992
$947
11.4%
Properties Sold
2
3
3
3
50.0%
Properties Pending Sale
6
4
4
3
-50.0%
Properties For Sale
12
11
8
6
-50.0%
Days on Market (Pending Sale)
27
17
11
11
-61.0%
Percent Under Contract
50.0%
36.4%
50.0%
50.0%
0.0%
Average Median Price for Last 12 Months
$2,205,542
$2,488,750
$1,777,500
$2,358,115
6.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Turtle Rock Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
133
Micro Market Report : January 2024
Tustin Single Family Residences, January 2024
Current Market Snapshot
$1,604,000 Median Sales Price
$711
Average $/SF
$1.451
Jan Feb
10.5% ∆ YOY
Mar Apr May Jun Jul Aug
23.2% ∆ YOY
Sep
38
Oct Nov Dec
Properties For Sale
-32.1% ∆ YOY
Jan
$1.604 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,451,825
$1,203,000
$1,228,500
$1,604,000
10.5%
Average Price per Square Foot
$577
$638
$591
$711
23.2%
Properties Sold
16
15
18
12
-25.0%
Properties Pending Sale
10
20
13
19
90.0%
Properties For Sale
56
56
42
38
-32.1%
Days on Market (Pending Sale)
27
17
11
29
7.6%
Percent Under Contract
17.9%
35.7%
31.0%
50.0%
180.0%
Average Median Price for Last 12 Months
$1,168,403
$1,294,125
$1,346,667
$1,279,737
9.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Tustin Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
134
West Bay - Santa Ana Heights Single Family Residences, January 2024
Current Market Snapshot
$3,687,500 Median Sales Price
Feb
-6.5% ∆ YOY
Mar Apr May
$1,206 Average $/SF
$3.945
Jan
Jun Jul Aug
-19.4% ∆ YOY
Sep
26
Oct Nov Dec
Properties For Sale
-23.5% ∆ YOY
Jan
$3.687 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,945,000
$2,850,000
$2,075,000
$3,687,500
-6.5%
Average Price per Square Foot
$1,496
$1,239
$1,086
$1,206
-19.4%
Properties Sold
4
8
5
2
-50.0%
Properties Pending Sale
6
7
7
7
16.7%
Properties For Sale
34
32
33
26
-23.5%
Days on Market (Pending Sale)
75
15
50
70
-6.7%
Percent Under Contract
17.6%
21.9%
21.2%
26.9%
52.6%
Average Median Price for Last 12 Months
$3,342,875
$3,346,042
$3,385,417
$3,312,212
-0.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West Bay - Santa Ana Heights Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
135
Micro Market Report : January 2024
West Newport - Lido Single Family Residences, January 2024
Current Market Snapshot
$5,157,500 Median Sales Price
Feb
-15.5% ∆ YOY
Mar Apr May
$2,094 Average $/SF
$6.100
Jan
Jun Jul Aug
13.3% ∆ YOY
Sep
25
Oct Nov Dec
Properties For Sale
66.7% ∆ YOY
Jan
$5.157 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$6,100,000
$3,325,000
$2,755,000
$5,157,500
-15.5%
Average Price per Square Foot
$1,848
$1,464
$1,678
$2,094
13.3%
Properties Sold
3
6
6
2
-33.3%
Properties Pending Sale
2
6
3
5
150.0%
Properties For Sale
15
33
29
25
66.7%
Days on Market (Pending Sale)
7
20
25
52
637.1%
Percent Under Contract
13.3%
18.2%
10.3%
20.0%
50.0%
Average Median Price for Last 12 Months
$4,966,250
$4,731,250
$5,269,167
$4,313,173
-13.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West Newport - Lido Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
136
Westminster Single Family Residences, January 2024
Current Market Snapshot
$1,100,000 Median Sales Price
$604 Average $/SF
$813
Jan Feb
35.2% ∆ YOY
Mar Apr May Jun Jul Aug
12.9% ∆ YOY
Sep
35
Oct Nov Dec
Properties For Sale
-34.0% ∆ YOY
Jan
$1.100 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$813,775
$1,099,500
$970,000
$1,100,000
35.2%
Average Price per Square Foot
$535
$635
$579
$604
12.9%
Properties Sold
18
16
18
11
-38.9%
Properties Pending Sale
15
19
23
23
53.3%
Properties For Sale
53
48
58
35
-34.0%
Days on Market (Pending Sale)
33
12
21
26
-21.0%
Percent Under Contract
28.3%
39.6%
39.7%
65.7%
132.2%
Average Median Price for Last 12 Months
$951,940
$1,038,333
$1,036,667
$990,281
4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Westminster Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
137
Micro Market Report : January 2024
Yorba Linda Single Family Residences, January 2024
Current Market Snapshot
$1,225,000 Median Sales Price
$611
Average $/SF
$1.177
Jan Feb Mar
4.0% ∆ YOY
Apr May Jun Jul Aug
18.2% ∆ YOY
Sep
80
Oct Nov Dec
Properties For Sale
-20.0% ∆ YOY
Jan
$1.225 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,177,500
$1,249,900
$1,305,000
$1,225,000
4.0%
Average Price per Square Foot
$517
$565
$592
$611
18.2%
Properties Sold
29
41
28
19
-34.5%
Properties Pending Sale
21
45
34
26
23.8%
Properties For Sale
100
116
104
80
-20.0%
Days on Market (Pending Sale)
56
21
21
30
-47.1%
Percent Under Contract
21.0%
38.8%
32.7%
32.5%
54.8%
Average Median Price for Last 12 Months
$1,319,854
$1,326,250
$1,309,167
$1,311,146
-0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Yorba Linda Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
138
Santa Barbara County Single Family Residences Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez
139
Micro Market Report : January 2024
Santa Barbara County
Country
United States
At a Glance
State
California
Region
California Central Coast
Formed
1850
County seat
Santa Barbara
Largest City (Area)
Santa Barbara
Largest City (Population)
Santa Maria
Incorporated Cities
8
Area Total
3,789 mi2 (9,810 km2)
Land
2,735 mi2 (7,080 km2)
Water
1,054 mi2 (2,730 km2)
Highest Elevation
6,803 ft (2,074 m)
Population Total
448,229
Density
163/mi2 (63/km2)
GDP
$26 Billion
Micro Market Report : January 2024
140
Carpinteria Single Family Residences, January 2024
Current Market Snapshot
$4,000,000 Median Sales Price
247.8% ∆ YOY
Feb Mar Apr May
No Sales Average $/SF
$1.150
Jan
Jun Jul Aug
-100.0% ∆ YOY
Sep
27
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$4.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,150,000
$1,762,500
$1,977,978
$4,000,000
247.8%
Average Price per Square Foot
$926
$927
$1,131
$0
-100.0%
Properties Sold
5
4
4
1
-80.0%
Properties Pending Sale
4
6
2
2
-50.0%
Properties For Sale
27
26
26
27
0.0%
Days on Market (Pending Sale)
24
35
4
33
36.8%
Percent Under Contract
14.8%
23.1%
7.7%
7.4%
-50.0%
Average Median Price for Last 12 Months
$4,642,782
$2,143,830
$2,380,000
$2,096,739
-54.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Carpinteria Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
141
Micro Market Report : January 2024
Goleta Single Family Residences, January 2024
Current Market Snapshot
$1,707,000 Median Sales Price
$825 Average $/SF
$960
Jan Feb
77.8% ∆ YOY
Mar Apr May Jun Jul Aug
-6.0% ∆ YOY
Sep
16
Oct Nov Dec
Properties For Sale
6.7% ∆ YOY
Jan
$1.707 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$960,000
$1,492,450
$1,423,000
$1,707,000
77.8%
Average Price per Square Foot
$878
$873
$928
$825
-6.0%
Properties Sold
3
9
10
7
133.3%
Properties Pending Sale
5
6
6
7
40.0%
Properties For Sale
15
20
17
16
6.7%
Days on Market (Pending Sale)
5
14
21
13
151.4%
Percent Under Contract
33.3%
30.0%
35.3%
43.8%
31.3%
Average Median Price for Last 12 Months
$1,449,330
$1,482,625
$1,500,500
$1,432,823
-1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Goleta Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
142
Hope Ranch Single Family Residences, January 2024
Current Market Snapshot
$7,500,700 Median Sales Price
Feb
23.5% ∆ YOY
Mar Apr May
$1,943 Average $/SF
$6.072
Jan
Jun Jul Aug
63.6% ∆ YOY
Sep
11
Oct Nov Dec
Properties For Sale
-26.7% ∆ YOY
Jan
$7.500 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$6,072,500
$4,930,000
$5,250,000
$7,500,700
23.5%
Average Price per Square Foot
$1,188
$0
$1,378
$1,943
63.6%
Properties Sold
2
1
3
1
-50.0%
Properties Pending Sale
4
3
2
0
-100.0%
Properties For Sale
15
18
17
11
-26.7%
Days on Market (Pending Sale)
72
37
68
0
-100.0%
Percent Under Contract
26.7%
16.7%
11.8%
0.0%
-100.0%
Average Median Price for Last 12 Months
$6,174,375
$4,838,033
$4,038,567
$5,522,746
-10.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Hope Ranch Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
143
Micro Market Report : January 2024
Montecito Single Family Residences, January 2024
Current Market Snapshot
$4,587,500 Median Sales Price
Feb
-8.2% ∆ YOY
Mar Apr May
$1,849 Average $/SF
$5.000
Jan
Jun Jul Aug
11.6% ∆ YOY
Sep
97
Oct Nov Dec
Properties For Sale
21.2% ∆ YOY
Jan
$4.587 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$5,000,000
$6,755,000
$7,000,415
$4,587,500
-8.2%
Average Price per Square Foot
$1,657
$1,911
$1,926
$1,849
11.6%
Properties Sold
9
10
12
12
33.3%
Properties Pending Sale
10
10
6
13
30.0%
Properties For Sale
80
114
117
97
21.2%
Days on Market (Pending Sale)
33
31
37
84
158.5%
Percent Under Contract
12.5%
8.8%
5.1%
13.4%
7.2%
Average Median Price for Last 12 Months
$5,286,680
$5,464,236
$5,111,667
$5,843,609
10.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Montecito Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
144
Santa Barbara East of State Single Family Residences, January 2024
Current Market Snapshot
$2,475,000 Median Sales Price
Feb
52.8% ∆ YOY
Mar Apr May
$1,007 Average $/SF
$1.620
Jan
Jun Jul Aug
-14.8% ∆ YOY
Sep
77
Oct Nov Dec
Properties For Sale
24.2% ∆ YOY
Jan
$2.475 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,620,000
$2,565,000
$2,150,000
$2,475,000
52.8%
Average Price per Square Foot
$1,182
$1,215
$1,245
$1,007
-14.8%
Properties Sold
13
16
14
12
-7.7%
Properties Pending Sale
6
17
22
14
133.3%
Properties For Sale
62
91
98
77
24.2%
Days on Market (Pending Sale)
4
22
19
53
1235.7%
Percent Under Contract
9.7%
18.7%
22.4%
18.2%
87.9%
Average Median Price for Last 12 Months
$2,341,328
$2,308,333
$2,050,000
$2,188,654
-6.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santa Barbara East of State Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
145
Micro Market Report : January 2024
Santa Barbara West of State Single Family Residences, January 2024
Current Market Snapshot
$2,000,000 Median Sales Price
6.0% ∆ YOY
Feb Mar Apr May
$1,389 Average $/SF
$1.887
Jan
Jun Jul Aug
-26.3% ∆ YOY
Sep
57
Oct Nov Dec
Properties For Sale
46.2% ∆ YOY
Jan
$2.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,887,500
$1,979,075
$1,900,000
$2,000,000
6.0%
Average Price per Square Foot
$1,884
$1,340
$1,369
$1,389
-26.3%
Properties Sold
10
14
19
11
10.0%
Properties Pending Sale
10
14
15
16
60.0%
Properties For Sale
39
65
67
57
46.2%
Days on Market (Pending Sale)
26
10
34
28
8.1%
Percent Under Contract
25.6%
21.5%
22.4%
28.1%
9.5%
Average Median Price for Last 12 Months
$2,048,038
$1,875,000
$2,033,333
$2,004,738
-2.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santa Barbara West of State Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
146
Santa Ynez Single Family Residences, January 2024
Current Market Snapshot
$1,550,000 Median Sales Price
$945 Average $/SF
$1.492
Jan Feb Mar
3.9% ∆ YOY
Apr May Jun Jul Aug
10.5% ∆ YOY
Sep
66
Oct Nov Dec
Properties For Sale
57.1% ∆ YOY
Jan
$1.550 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,492,154
$1,600,000
$2,050,000
$1,550,000
3.9%
Average Price per Square Foot
$855
$738
$780
$945
10.5%
Properties Sold
9
8
13
7
-22.2%
Properties Pending Sale
5
9
3
8
60.0%
Properties For Sale
42
47
61
66
57.1%
Days on Market (Pending Sale)
35
49
125
73
111.0%
Percent Under Contract
11.9%
19.1%
4.9%
12.1%
1.8%
Average Median Price for Last 12 Months
$1,553,930
$1,556,250
$1,485,833
$1,441,166
-7.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santa Ynez Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
147
Micro Market Report : January 2024
Monterey County Single Family Residences Carmel Carmel Valley Marina Monterey Pacific Grove Pebble Beach Salinas Seaside
148
Micro Market Report : January 2024
Monterey County
Country
United States
At a Glance
State
California
Region
California Central Coast
Formed
1850
County seat
Salinas
Largest City (Area)
Salinas
Largest City (Population)
Salinas
Incorporated Cities
12
Area Total
3,771 mi2 (9,770 km2)
Land
3,281 mi2 (8,500 km2)
Water
491 mi2 (1,270 km2)
Highest Elevation
5,865 ft (1,788 m)
Population Total
439,035
Density
134/mi2 (52/km2)
GDP
$26 Billion
Micro Market Report : January 2024
149
Carmel Single Family Residences, January 2024
Current Market Snapshot
$2,550,000 Median Sales Price
$1,271 Average $/SF
$2.850
Jan Feb
-10.5% ∆ YOY
Mar Apr May Jun Jul Aug
12.3% ∆ YOY
Sep
54
Oct Nov Dec
Properties For Sale
-1.8% ∆ YOY
Jan
$2.550 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,850,000
$2,961,500
$2,500,000
$2,550,000
-10.5%
Average Price per Square Foot
$1,132
$2,031
$1,719
$1,271
12.3%
Properties Sold
9
16
21
7
-22.2%
Properties Pending Sale
6
17
18
10
66.7%
Properties For Sale
55
87
72
54
-1.8%
Days on Market (Pending Sale)
88
73
77
95
7.8%
Percent Under Contract
10.9%
19.5%
25.0%
18.5%
69.8%
Average Median Price for Last 12 Months
$2,674,063
$2,856,250
$2,867,500
$2,892,716
8.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Carmel Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
150
Micro Market Report : January 2024
Carmel Valley Single Family Residences, January 2024
Current Market Snapshot
$3,637,500 Median Sales Price
$907 Average $/SF
$1.300
Jan Feb
179.8% ∆ YOY
Mar Apr May Jun Jul Aug
7.1% ∆ YOY
Sep
37
Oct Nov Dec
Properties For Sale
37.0% ∆ YOY
Jan
$3.637 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,300,000
$1,890,000
$1,785,000
$3,637,500
179.8%
Average Price per Square Foot
$847
$922
$1,186
$907
7.1%
Properties Sold
5
10
8
2
-60.0%
Properties Pending Sale
3
6
9
4
33.3%
Properties For Sale
27
38
43
37
37.0%
Days on Market (Pending Sale)
49
159
43
74
51.5%
Percent Under Contract
11.1%
15.8%
20.9%
10.8%
-2.7%
Average Median Price for Last 12 Months
$1,615,896
$2,297,917
$2,945,833
$2,246,154
39.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Carmel Valley Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
151
Marina Single Family Residences, January 2024
Current Market Snapshot
$918,000 Median Sales Price
$540 Average $/SF
$735
Jan Feb
24.9% ∆ YOY
Mar Apr May Jun Jul Aug
4.0% ∆ YOY
Sep
28
Oct Nov Dec
Properties For Sale
-12.5% ∆ YOY
Jan
$918 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$735,000
$937,500
$1,097,500
$918,000
24.9%
Average Price per Square Foot
$519
$498
$511
$540
4.0%
Properties Sold
5
10
10
5
0.0%
Properties Pending Sale
5
17
9
8
60.0%
Properties For Sale
32
42
31
28
-12.5%
Days on Market (Pending Sale)
83
36
25
35
-57.7%
Percent Under Contract
15.6%
40.5%
29.0%
28.6%
82.9%
Average Median Price for Last 12 Months
$866,662
$952,583
$951,667
$921,615
6.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Marina Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
152
Micro Market Report : January 2024
Monterey Single Family Residences, January 2024
Current Market Snapshot
$1,150,000 Median Sales Price
$775
Average $/SF
$1.400
Jan Feb
-17.9% ∆ YOY
Mar Apr May Jun Jul Aug
4.3% ∆ YOY
Sep
32
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$1.150 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,400,000
$1,325,000
$1,850,000
$1,150,000
-17.9%
Average Price per Square Foot
$743
$665
$714
$775
4.3%
Properties Sold
7
13
12
11
57.1%
Properties Pending Sale
7
11
12
15
114.3%
Properties For Sale
32
38
46
32
0.0%
Days on Market (Pending Sale)
77
45
54
60
-21.3%
Percent Under Contract
21.9%
28.9%
26.1%
46.9%
114.3%
Average Median Price for Last 12 Months
$1,260,042
$1,304,792
$1,118,750
$1,302,750
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Monterey Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
153
Pacific Grove Single Family Residences, January 2024
Current Market Snapshot
$1,150,000 Median Sales Price
Feb
-6.8% ∆ YOY
Mar Apr May
$1,019 Average $/SF
$1.234
Jan
Jun Jul Aug
17.8% ∆ YOY
Sep
17
Oct Nov Dec
Properties For Sale
-19.0% ∆ YOY
Jan
$1.150 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,234,100
$1,957,342
$1,250,000
$1,150,000
-6.8%
Average Price per Square Foot
$865
$1,271
$1,026
$1,019
17.8%
Properties Sold
8
7
17
4
-50.0%
Properties Pending Sale
4
10
13
5
25.0%
Properties For Sale
21
28
34
17
-19.0%
Days on Market (Pending Sale)
21
26
24
97
362.9%
Percent Under Contract
19.0%
35.7%
38.2%
29.4%
54.4%
Average Median Price for Last 12 Months
$1,445,758
$1,376,083
$1,363,833
$1,503,246
4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Pacific Grove Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
154
Micro Market Report : January 2024
Pebble Beach Single Family Residences, January 2024
Current Market Snapshot
$2,800,000 Median Sales Price
21.7% ∆ YOY
Feb Mar Apr May
$1,273 Average $/SF
$2.300
Jan
Jun Jul Aug
0.0% ∆ YOY
Sep
30
Oct Nov Dec
Properties For Sale
3.4% ∆ YOY
Jan
$2.800 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,300,000
$4,002,500
$2,967,500
$2,800,000
21.7%
Average Price per Square Foot
$1,273
$1,519
$1,235
$1,273
0.0%
Properties Sold
9
6
8
1
-88.9%
Properties Pending Sale
5
6
10
2
-60.0%
Properties For Sale
29
32
36
30
3.4%
Days on Market (Pending Sale)
56
48
55
96
71.4%
Percent Under Contract
17.2%
18.8%
27.8%
6.7%
-61.3%
Average Median Price for Last 12 Months
$4,694,514
$2,720,833
$3,054,167
$3,000,731
-36.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Pebble Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
155
Salinas Single Family Residences, January 2024
Current Market Snapshot
$750,000 Median Sales Price
$429 Average $/SF
$712
Jan Feb Mar
5.3% ∆ YOY
Apr May Jun Jul Aug
0.2% ∆ YOY
Sep
56
Oct Nov Dec
Properties For Sale
-44.0% ∆ YOY
Jan
$750 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$712,500
$755,000
$796,000
$750,000
5.3%
Average Price per Square Foot
$428
$441
$473
$429
0.2%
Properties Sold
20
31
31
27
35.0%
Properties Pending Sale
35
42
26
23
-34.3%
Properties For Sale
100
100
90
56
-44.0%
Days on Market (Pending Sale)
47
31
43
28
-41.4%
Percent Under Contract
35.0%
42.0%
28.9%
41.1%
17.3%
Average Median Price for Last 12 Months
$718,196
$760,583
$750,000
$744,889
3.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Salinas Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
156
Micro Market Report : January 2024
Seaside Single Family Residences, January 2024
Current Market Snapshot
$778,000 Median Sales Price
$648 Average $/SF
$661
Jan Feb
17.7% ∆ YOY
Mar Apr May Jun Jul Aug
3.7% ∆ YOY
Sep
19
Oct Nov Dec
Properties For Sale
-38.7% ∆ YOY
Jan
$778 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$661,000
$824,000
$606,750
$778,000
17.7%
Average Price per Square Foot
$625
$626
$758
$648
3.7%
Properties Sold
4
9
4
10
150.0%
Properties Pending Sale
6
10
2
8
33.3%
Properties For Sale
31
32
24
19
-38.7%
Days on Market (Pending Sale)
33
31
67
31
-6.2%
Percent Under Contract
19.4%
31.2%
8.3%
42.1%
117.5%
Average Median Price for Last 12 Months
$747,229
$810,823
$847,333
$762,265
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Seaside Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
157
Riverside County Single Family Residences Bermuda Dunes Cathedral City Coachella Corona Desert Hot Springs Indian Wells Indio La Quinta Menifee Murrieta Palm Desert Palm Springs Rancho Mirage Temecula Thousand Palms
158
Micro Market Report : January 2024
Riverside County
Country
United States
At a Glance
State
California
Region
Inland Empire
Formed
1893
County seat
Riverside
Largest City (Area)
Palm Springs
Largest City (Population)
Riverside
Incorporated Cities
28
Area Total
7,303 mi2 (18,910 km2)
Land
7,206 mi2 (18,660 km2)
Water
97 mi2 (250 km2)
Highest Elevation
10,843 ft (3,305 m)
Population Total
2,418,185
Density
336/mi2 (130/km2)
GDP
$105 Billion
Micro Market Report : January 2024
159
Bermuda Dunes Single Family Residences, January 2024
Current Market Snapshot
$649,000 Median Sales Price
$299 Average $/SF
$717
Jan Feb
-9.5% ∆ YOY
Mar Apr May Jun Jul Aug
6.4% ∆ YOY
Sep
61
Oct Nov Dec
Properties For Sale
41.9% ∆ YOY
Jan
$649 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$717,000
$734,500
$857,500
$649,000
-9.5%
Average Price per Square Foot
$281
$313
$342
$299
6.4%
Properties Sold
4
10
6
4
0.0%
Properties Pending Sale
3
11
3
15
400.0%
Properties For Sale
43
44
50
61
41.9%
Days on Market (Pending Sale)
88
48
130
51
-42.0%
Percent Under Contract
7.0%
25.0%
6.0%
24.6%
252.5%
Average Median Price for Last 12 Months
$776,761
$939,333
$762,000
$817,385
5.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Bermuda Dunes Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
160
Micro Market Report : January 2024
Cathedral City Single Family Residences, January 2024
Current Market Snapshot
$575,000 Median Sales Price
$308 Average $/SF
$630
Jan Feb
-8.7% ∆ YOY
Mar Apr May Jun Jul Aug
-12.0% ∆ YOY
Sep
221
Oct Nov Dec
Properties For Sale
-17.5% ∆ YOY
Jan
$575 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$630,000
$542,000
$505,000
$575,000
-8.7%
Average Price per Square Foot
$350
$330
$309
$308
-12.0%
Properties Sold
15
34
34
29
93.3%
Properties Pending Sale
22
34
25
42
90.9%
Properties For Sale
268
246
232
221
-17.5%
Days on Market (Pending Sale)
70
44
54
57
-18.7%
Percent Under Contract
8.2%
13.8%
10.8%
19.0%
131.5%
Average Median Price for Last 12 Months
$558,667
$551,000
$562,000
$541,808
-3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Cathedral City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
161
Coachella Single Family Residences, January 2024
Current Market Snapshot
$510,000 Median Sales Price
$244 Average $/SF
$448
Jan Feb
13.7% ∆ YOY
Mar Apr May Jun Jul Aug
-6.5% ∆ YOY
Sep
76
Oct Nov Dec
Properties For Sale
-10.6% ∆ YOY
Jan
$510 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$448,500
$498,217
$496,931
$510,000
13.7%
Average Price per Square Foot
$261
$244
$248
$244
-6.5%
Properties Sold
8
16
19
12
50.0%
Properties Pending Sale
12
17
10
19
58.3%
Properties For Sale
85
82
72
76
-10.6%
Days on Market (Pending Sale)
46
32
29
36
-22.0%
Percent Under Contract
14.1%
20.7%
13.9%
25.0%
77.1%
Average Median Price for Last 12 Months
$438,041
$492,883
$489,155
$473,486
7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Coachella Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
162
Micro Market Report : January 2024
Corona Single Family Residences, January 2024
Current Market Snapshot
$755,000 Median Sales Price
$373 Average $/SF
$730
Jan Feb Mar
3.4% ∆ YOY
Apr May Jun Jul Aug
11.7% ∆ YOY
Sep
333
Oct Nov Dec
Properties For Sale
-27.1% ∆ YOY
Jan
$755 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$730,000
$785,000
$782,500
$755,000
3.4%
Average Price per Square Foot
$334
$358
$372
$373
11.7%
Properties Sold
72
111
102
87
20.8%
Properties Pending Sale
104
100
86
118
13.5%
Properties For Sale
457
370
406
333
-27.1%
Days on Market (Pending Sale)
53
24
33
39
-26.8%
Percent Under Contract
22.8%
27.0%
21.2%
35.4%
55.7%
Average Median Price for Last 12 Months
$738,640
$757,083
$753,333
$749,173
1.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Corona Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
163
Desert Hot Springs Single Family Residences, January 2024
Current Market Snapshot
$366,500 Median Sales Price
$248 Average $/SF
$385
Jan Feb
-4.8% ∆ YOY
Mar Apr May Jun Jul Aug
0.8% ∆ YOY
Sep
307
Oct Nov Dec
Properties For Sale
-6.4% ∆ YOY
Jan
$366 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$385,000
$394,950
$405,500
$366,500
-4.8%
Average Price per Square Foot
$246
$258
$261
$248
0.8%
Properties Sold
23
38
32
34
47.8%
Properties Pending Sale
43
42
29
47
9.3%
Properties For Sale
328
306
297
307
-6.4%
Days on Market (Pending Sale)
72
36
42
57
-21.1%
Percent Under Contract
13.1%
13.7%
9.8%
15.3%
16.8%
Average Median Price for Last 12 Months
$391,292
$389,750
$385,167
$387,150
-1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Desert Hot Springs Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
164
Micro Market Report : January 2024
Indian Wells Single Family Residences, January 2024
Current Market Snapshot
$2,300,000 Median Sales Price
$600 Average $/SF
95.0% ∆ YOY
$1.179
Jan Feb Mar Apr May Jun Jul Aug
21.0% ∆ YOY
Sep
121
Oct Nov Dec
Properties For Sale
-0.8% ∆ YOY
Jan
$2.300 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,179,500
$1,755,490
$1,070,000
$2,300,000
95.0%
Average Price per Square Foot
$496
$617
$370
$600
21.0%
Properties Sold
14
9
7
15
7.1%
Properties Pending Sale
15
6
10
28
86.7%
Properties For Sale
122
93
102
121
-0.8%
Days on Market (Pending Sale)
50
30
25
63
25.6%
Percent Under Contract
12.3%
6.5%
9.8%
23.1%
88.2%
Average Median Price for Last 12 Months
$1,402,458
$1,654,244
$2,032,572
$1,540,804
9.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Indian Wells Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
165
Indio Single Family Residences, January 2024
Current Market Snapshot
$532,495 Median Sales Price
$296 Average $/SF
$497
Jan Feb Mar
7.1% ∆ YOY
Apr May Jun Jul Aug
2.8% ∆ YOY
Sep
445
Oct Nov Dec
Properties For Sale
-11.5% ∆ YOY
Jan
$532 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$497,000
$533,250
$543,163
$532,495
7.1%
Average Price per Square Foot
$288
$284
$308
$296
2.8%
Properties Sold
48
80
58
60
25.0%
Properties Pending Sale
65
84
76
83
27.7%
Properties For Sale
503
448
484
445
-11.5%
Days on Market (Pending Sale)
79
52
50
57
-28.8%
Percent Under Contract
12.9%
18.8%
15.7%
18.7%
44.3%
Average Median Price for Last 12 Months
$544,418
$536,255
$534,163
$537,333
-1.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Indio Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
166
Micro Market Report : January 2024
La Quinta Single Family Residences, January 2024
Current Market Snapshot
$810,000 Median Sales Price
$550 Average $/SF
$1.155
Jan Feb
-29.9% ∆ YOY
Mar Apr May Jun Jul Aug
2.4% ∆ YOY
Sep
532
Oct Nov Dec
Properties For Sale
-5.3% ∆ YOY
Jan
$810 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,155,000
$732,000
$745,000
$810,000
-29.9%
Average Price per Square Foot
$537
$414
$450
$550
2.4%
Properties Sold
52
69
49
67
28.8%
Properties Pending Sale
61
62
50
117
91.8%
Properties For Sale
562
482
512
532
-5.3%
Days on Market (Pending Sale)
59
58
44
59
0.1%
Percent Under Contract
10.9%
12.9%
9.8%
22.0%
102.6%
Average Median Price for Last 12 Months
$848,791
$864,967
$818,333
$862,831
1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in La Quinta Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
167
Menifee Single Family Residences, January 2024
Current Market Snapshot
$575,000 Median Sales Price
$276
Average $/SF
$540
Jan Feb Mar
6.5% ∆ YOY
Apr May Jun Jul Aug
7.8% ∆ YOY
Sep
373
Oct Nov Dec
Properties For Sale
-35.5% ∆ YOY
Jan
$575 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$540,000
$550,000
$565,149
$575,000
6.5%
Average Price per Square Foot
$256
$266
$287
$276
7.8%
Properties Sold
105
115
119
97
-7.6%
Properties Pending Sale
158
131
98
100
-36.7%
Properties For Sale
578
465
420
373
-35.5%
Days on Market (Pending Sale)
52
32
40
44
-14.5%
Percent Under Contract
27.3%
28.2%
23.3%
26.8%
-1.9%
Average Median Price for Last 12 Months
$567,069
$570,638
$573,060
$560,905
-1.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Menifee Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
168
Micro Market Report : January 2024
Murrieta Single Family Residences, January 2024
Current Market Snapshot
$689,900 Median Sales Price
$286 Average $/SF
$639
Jan Feb Mar
7.8% ∆ YOY
Apr May Jun Jul Aug
8.3% ∆ YOY
Sep
358
Oct Nov Dec
Properties For Sale
-22.2% ∆ YOY
Jan
$689 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$639,777
$687,000
$675,000
$689,900
7.8%
Average Price per Square Foot
$264
$296
$306
$286
8.3%
Properties Sold
87
125
99
59
-32.2%
Properties Pending Sale
104
112
86
113
8.7%
Properties For Sale
460
387
391
358
-22.2%
Days on Market (Pending Sale)
64
24
38
40
-37.7%
Percent Under Contract
22.6%
28.9%
22.0%
31.6%
39.6%
Average Median Price for Last 12 Months
$656,544
$674,317
$674,300
$665,783
1.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Murrieta Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
169
Palm Desert Single Family Residences, January 2024
Current Market Snapshot
$620,000 Median Sales Price
$396 Average $/SF
$656
Jan Feb
-5.6% ∆ YOY
Mar Apr May Jun Jul Aug
-3.4% ∆ YOY
Sep
488
Oct Nov Dec
Properties For Sale
-2.6% ∆ YOY
Jan
$620 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$656,750
$648,999
$642,500
$620,000
-5.6%
Average Price per Square Foot
$410
$370
$358
$396
-3.4%
Properties Sold
46
67
56
59
28.3%
Properties Pending Sale
57
65
59
99
73.7%
Properties For Sale
501
421
452
488
-2.6%
Days on Market (Pending Sale)
58
64
59
56
-3.4%
Percent Under Contract
11.4%
15.4%
13.1%
20.3%
78.3%
Average Median Price for Last 12 Months
$668,127
$623,708
$625,667
$651,538
-2.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Palm Desert Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
170
Micro Market Report : January 2024
Palm Springs Single Family Residences, January 2024
Current Market Snapshot
$1,250,000 Median Sales Price
$604 Average $/SF
$1.350
Jan Feb
-7.4% ∆ YOY
Mar Apr May Jun Jul Aug
-11.4% ∆ YOY
Sep
678
Oct Nov Dec
Properties For Sale
9.2% ∆ YOY
Jan
$1.250 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,350,000
$1,267,500
$1,230,000
$1,250,000
-7.4%
Average Price per Square Foot
$682
$644
$576
$604
-11.4%
Properties Sold
39
50
41
55
41.0%
Properties Pending Sale
48
51
53
85
77.1%
Properties For Sale
621
621
694
678
9.2%
Days on Market (Pending Sale)
66
58
49
51
-23.6%
Percent Under Contract
7.7%
8.2%
7.6%
12.5%
62.2%
Average Median Price for Last 12 Months
$1,172,092
$1,171,250
$1,130,000
$1,189,443
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Palm Springs Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
171
Rancho Mirage Single Family Residences, January 2024
Current Market Snapshot
$1,217,500 Median Sales Price
$496 Average $/SF
$1.550
Jan Feb
-21.5% ∆ YOY
Mar Apr May Jun Jul Aug
-4.8% ∆ YOY
Sep
357
Oct Nov Dec
Properties For Sale
14.1% ∆ YOY
Jan
$1.217 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,550,000
$985,000
$955,000
$1,217,500
-21.5%
Average Price per Square Foot
$521
$416
$446
$496
-4.8%
Properties Sold
20
29
35
30
50.0%
Properties Pending Sale
26
36
34
54
107.7%
Properties For Sale
313
292
324
357
14.1%
Days on Market (Pending Sale)
71
60
56
70
-0.6%
Percent Under Contract
8.3%
12.3%
10.5%
15.1%
82.1%
Average Median Price for Last 12 Months
$1,206,712
$1,105,030
$1,132,559
$1,132,313
-6.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rancho Mirage Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
172
Micro Market Report : January 2024
Temecula Single Family Residences, January 2024
Current Market Snapshot
$740,000 Median Sales Price
$351
Average $/SF
$670
Jan Feb
10.4% ∆ YOY
Mar Apr May Jun Jul Aug
11.8% ∆ YOY
Sep
294
Oct Nov Dec
Properties For Sale
-26.7% ∆ YOY
Jan
$740 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$670,000
$719,500
$773,000
$740,000
10.4%
Average Price per Square Foot
$314
$338
$353
$351
11.8%
Properties Sold
81
98
98
67
-17.3%
Properties Pending Sale
97
105
85
91
-6.2%
Properties For Sale
401
395
362
294
-26.7%
Days on Market (Pending Sale)
59
27
31
32
-46.2%
Percent Under Contract
24.2%
26.6%
23.5%
31.0%
28.0%
Average Median Price for Last 12 Months
$720,542
$757,167
$755,000
$731,115
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Temecula Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
173
Thousand Palms Single Family Residences, January 2024
Current Market Snapshot
$572,000 Median Sales Price
$356 Average $/SF
$272
Jan Feb
109.9% ∆ YOY
Mar Apr May Jun Jul Aug
78.0% ∆ YOY
Sep
27
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$572 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$272,500
$450,000
$323,000
$572,000
109.9%
Average Price per Square Foot
$200
$333
$254
$356
78.0%
Properties Sold
4
3
2
3
-25.0%
Properties Pending Sale
4
3
6
6
50.0%
Properties For Sale
27
23
30
27
0.0%
Days on Market (Pending Sale)
62
177
52
19
-70.0%
Percent Under Contract
14.8%
13.0%
20.0%
22.2%
50.0%
Average Median Price for Last 12 Months
$290,750
$396,500
$385,667
$350,942
17.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Thousand Palms Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
174
Micro Market Report : January 2024
San Diego County Single Family Residences San Diego Macro
Lemon Grove
Bay Park / Old Town / Midway District
National City
Carlsbad
Ocean Beach
Carmel Valley
Oceanside
Chula Vista
Pacific & Mission Beach
Clairemont / Bay Ho / Bay Park
Poway
Coronado
Rancho Bernardo
Del Mar
San Marcos
El Cajon
San Diego
Encinitas
Santee
Escondido
Solana Beach
Imperial Beach
Spring Valley
La Jolla
Vista
La Mesa Linda Vista / Clairemont Mesa East
175
Micro Market Report : January 2024
San Diego County
Country
United States
At a Glance
State
California
Region
California Central Coast
Formed
1850
County seat
San Diego
Largest City (Area)
San Diego
Largest City (Population)
San Diego
Incorporated Cities
18
Area Total
4,261 mi2 (11,036 km2)
Land
3,942 mi2 (10,210 km2)
Water
319 mi2 (830 km2)
Highest Elevation
6,536 ft (1,992 m)
Population Total
3,298,634
Density
837/mi2 (323/km2)
GDP
$268 Billion
Micro Market Report : January 2024
176
San Diego County Single Family Residences, January 2024
Current Market Snapshot
$996,500 Median Sales Price
$628 Average $/SF
$850
Jan Feb
17.2% ∆ YOY
Mar Apr May Jun Jul Aug
7.5% ∆ YOY
Sep
11,370
Properties For Sale
Oct Nov Dec
34.6% ∆ YOY
Jan
$996 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$850,000
$1,000,000
$973,000
$996,500
17.2%
Average Price per Square Foot
$584
$628
$623
$628
7.5%
Properties Sold
833
1191
1035
786
-5.6%
Properties Pending Sale
1077
1252
1000
1084
0.6%
Properties For Sale
8,445
10,079
10,881
11,370
34.6%
Days on Market (Pending Sale)
49
29
32
35
-30.0%
Percent Under Contract
12.8%
12.4%
9.2%
9.5%
-25.2%
Average Median Price for Last 12 Months
$929,528
$991,500
$978,333
$969,261
4.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego County Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
177
Micro Market Report : January 2024
Bay Park/Old Town/Midway District Single Family Residences, January 2024
Current Market Snapshot
$1,352,000 Median Sales Price
$822 Average $/SF
Jan Feb Mar
n/a ∆ YOY
Apr May Jun Jul Aug
n/a ∆ YOY
Sep
80
Oct Nov Dec
Properties For Sale
35.6% ∆ YOY
Jan
$1.352 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$0
$1,365,000
$1,435,000
$1,352,000
n/a
Average Price per Square Foot
$0
$770
$685
$822
n/a
Properties Sold
0
12
4
8
n/a
Properties Pending Sale
7
5
8
9
28.6%
Properties For Sale
59
68
80
80
35.6%
Days on Market (Pending Sale)
36
30
34
36
-0.8%
Percent Under Contract
11.9%
7.4%
10.0%
11.2%
-5.2%
Average Median Price for Last 12 Months
$1,401,545
$1,355,808
$1,312,333
$1,258,931
-10.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Bay Park/Old Town/Midway District Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
178
Carlsbad Single Family Residences, January 2024
Current Market Snapshot
$1,732,500 Median Sales Price
$713
Average $/SF
$1.554
Jan Feb Mar
11.5% ∆ YOY
Apr May Jun Jul Aug
9.2% ∆ YOY
Sep
474
Oct Nov Dec
Properties For Sale
54.4% ∆ YOY
Jan
$1.732 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,554,500
$1,607,250
$1,565,000
$1,732,500
11.5%
Average Price per Square Foot
$653
$675
$747
$713
9.2%
Properties Sold
32
69
36
36
12.5%
Properties Pending Sale
37
48
35
42
13.5%
Properties For Sale
307
424
441
474
54.4%
Days on Market (Pending Sale)
35
32
38
38
6.2%
Percent Under Contract
12.1%
11.3%
7.9%
8.9%
-26.5%
Average Median Price for Last 12 Months
$1,732,042
$1,707,833
$1,793,167
$1,672,618
-3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Carlsbad Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
179
Micro Market Report : January 2024
Carmel Valley Single Family Residences, January 2024
Current Market Snapshot
$2,450,000 Median Sales Price
$803 Average $/SF
$2.369
Jan Feb Mar
3.4% ∆ YOY
Apr May Jun Jul Aug
19.7% ∆ YOY
Sep
209
Oct Nov Dec
Properties For Sale
56.0% ∆ YOY
Jan
$2.450 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,369,444
$2,175,000
$2,300,000
$2,450,000
3.4%
Average Price per Square Foot
$671
$752
$757
$803
19.7%
Properties Sold
12
15
19
13
8.3%
Properties Pending Sale
11
22
11
16
45.5%
Properties For Sale
134
200
197
209
56.0%
Days on Market (Pending Sale)
81
34
31
24
-70.7%
Percent Under Contract
8.2%
11.0%
5.6%
7.7%
-6.7%
Average Median Price for Last 12 Months
$2,301,993
$2,348,500
$2,249,167
$2,265,419
-1.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Carmel Valley Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
180
Chula Vista Single Family Residences, January 2024
Current Market Snapshot
$829,000 Median Sales Price
$461
Average $/SF
$800
Jan Feb Mar
3.6% ∆ YOY
Apr May Jun Jul Aug
11.6% ∆ YOY
Sep
575
Oct Nov Dec
Properties For Sale
23.4% ∆ YOY
Jan
$829 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$800,000
$850,000
$852,500
$829,000
3.6%
Average Price per Square Foot
$413
$450
$462
$461
11.6%
Properties Sold
47
65
64
49
4.3%
Properties Pending Sale
76
79
48
71
-6.6%
Properties For Sale
466
538
553
575
23.4%
Days on Market (Pending Sale)
56
29
31
36
-35.2%
Percent Under Contract
16.3%
14.7%
8.7%
12.3%
-24.3%
Average Median Price for Last 12 Months
$841,263
$871,750
$870,500
$858,538
2.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Chula Vista Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
181
Micro Market Report : January 2024
Clairemont/Bay Ho/Bay Park Single Family Residences, January 2024
Current Market Snapshot
$1,150,000 Median Sales Price
$779
Average $/SF
$899
Jan Feb
27.9% ∆ YOY
Mar Apr May Jun Jul Aug
20.2% ∆ YOY
Sep
192
Oct Nov Dec
Properties For Sale
46.6% ∆ YOY
Jan
$1.150 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$899,000
$1,069,000
$1,130,000
$1,150,000
27.9%
Average Price per Square Foot
$648
$761
$785
$779
20.2%
Properties Sold
11
23
15
17
54.5%
Properties Pending Sale
25
26
33
28
12.0%
Properties For Sale
131
155
193
192
46.6%
Days on Market (Pending Sale)
35
22
19
25
-27.6%
Percent Under Contract
19.1%
16.8%
17.1%
14.6%
-23.6%
Average Median Price for Last 12 Months
$1,046,583
$1,119,385
$1,115,000
$1,082,447
3.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Clairemont/Bay Ho/Bay Park Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
182
Coronado Single Family Residences, January 2024
Current Market Snapshot
$1,600,000 Median Sales Price
Feb
-53.1% ∆ YOY
Mar Apr May
$1,007 Average $/SF
$3.412
Jan
Jun Jul Aug
-37.0% ∆ YOY
Sep
156
Oct Nov Dec
Properties For Sale
105.3% ∆ YOY
Jan
$1.600 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,412,500
$3,128,500
$5,275,000
$1,600,000
-53.1%
Average Price per Square Foot
$1,598
$1,310
$1,615
$1,007
-37.0%
Properties Sold
10
10
2
7
-30.0%
Properties Pending Sale
3
9
9
9
200.0%
Properties For Sale
76
108
144
156
105.3%
Days on Market (Pending Sale)
81
33
42
66
-18.5%
Percent Under Contract
3.9%
8.3%
6.2%
5.8%
46.2%
Average Median Price for Last 12 Months
$3,118,542
$3,442,257
$2,650,014
$3,326,800
6.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Coronado Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
183
Micro Market Report : January 2024
Del Mar Single Family Residences, January 2024
Current Market Snapshot
$2,465,000 Median Sales Price
Feb
-5.2% ∆ YOY
Mar Apr May
$2,478 Average $/SF
$2.600
Jan
Jun Jul Aug
74.1% ∆ YOY
Sep
151
Oct Nov Dec
Properties For Sale
58.9% ∆ YOY
Jan
$2.465 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,600,000
$4,000,000
$2,025,000
$2,465,000
-5.2%
Average Price per Square Foot
$1,423
$1,793
$1,345
$2,478
74.1%
Properties Sold
5
11
6
6
20.0%
Properties Pending Sale
11
14
9
9
-18.2%
Properties For Sale
95
122
133
151
58.9%
Days on Market (Pending Sale)
59
49
29
25
-57.1%
Percent Under Contract
11.6%
11.5%
6.8%
6.0%
-48.5%
Average Median Price for Last 12 Months
$3,191,708
$2,924,167
$2,598,333
$2,923,821
-8.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Del Mar Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
184
El Cajon Single Family Residences, January 2024
Current Market Snapshot
$825,000 Median Sales Price
$479 Average $/SF
$720
Jan Feb
14.6% ∆ YOY
Mar Apr May Jun Jul Aug
4.6% ∆ YOY
Sep
545
Oct Nov Dec
Properties For Sale
31.6% ∆ YOY
Jan
$825 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$720,000
$800,000
$822,500
$825,000
14.6%
Average Price per Square Foot
$458
$512
$486
$479
4.6%
Properties Sold
36
65
56
46
27.8%
Properties Pending Sale
52
59
56
65
25.0%
Properties For Sale
414
474
516
545
31.6%
Days on Market (Pending Sale)
38
22
30
30
-19.4%
Percent Under Contract
12.6%
12.4%
10.9%
11.9%
-5.0%
Average Median Price for Last 12 Months
$784,556
$859,625
$834,250
$817,527
4.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in El Cajon Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
185
Micro Market Report : January 2024
Encinitas Single Family Residences, January 2024
Current Market Snapshot
$2,825,000 Median Sales Price
$954 Average $/SF
$1.850
Jan Feb
52.7% ∆ YOY
Mar Apr May Jun Jul Aug
21.2% ∆ YOY
Sep
231
Oct Nov Dec
Properties For Sale
39.2% ∆ YOY
Jan
$2.825 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,850,563
$1,710,000
$2,049,000
$2,825,000
52.7%
Average Price per Square Foot
$787
$1,079
$919
$954
21.2%
Properties Sold
12
24
20
13
8.3%
Properties Pending Sale
19
34
18
13
-31.6%
Properties For Sale
166
218
232
231
39.2%
Days on Market (Pending Sale)
34
26
42
45
32.6%
Percent Under Contract
11.4%
15.6%
7.8%
5.6%
-50.8%
Average Median Price for Last 12 Months
$2,173,296
$2,280,250
$2,251,000
$2,187,582
0.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Encinitas Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
186
Escondido Single Family Residences, January 2024
Current Market Snapshot
$829,500 Median Sales Price
$484 Average $/SF
$769
Jan Feb Mar
7.7% ∆ YOY
Apr May Jun Jul Aug
14.7% ∆ YOY
Sep
697
Oct Nov Dec
Properties For Sale
27.0% ∆ YOY
Jan
$829 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$769,900
$855,200
$899,500
$829,500
7.7%
Average Price per Square Foot
$422
$471
$462
$484
14.7%
Properties Sold
67
78
70
48
-28.4%
Properties Pending Sale
72
81
71
82
13.9%
Properties For Sale
549
644
678
697
27.0%
Days on Market (Pending Sale)
63
28
33
24
-62.5%
Percent Under Contract
13.1%
12.6%
10.5%
11.8%
-10.3%
Average Median Price for Last 12 Months
$852,450
$893,983
$875,633
$871,492
2.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Escondido Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
187
Micro Market Report : January 2024
Imperial-Beach Single Family Residences, January 2024
Current Market Snapshot
$720,000 Median Sales Price
$660 Average $/SF
$652
Jan Feb
10.3% ∆ YOY
Mar Apr May Jun Jul Aug
10.6% ∆ YOY
Sep
113
Oct Nov Dec
Properties For Sale
88.3% ∆ YOY
Jan
$720 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$652,500
$909,950
$945,000
$720,000
10.3%
Average Price per Square Foot
$597
$568
$752
$660
10.6%
Properties Sold
6
6
6
3
-50.0%
Properties Pending Sale
8
2
4
9
12.5%
Properties For Sale
60
72
98
113
88.3%
Days on Market (Pending Sale)
61
38
47
30
-50.6%
Percent Under Contract
13.3%
2.8%
4.1%
8.0%
-40.3%
Average Median Price for Last 12 Months
$849,544
$923,667
$853,333
$879,104
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Imperial-Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
188
La Jolla Single Family Residences, January 2024
Current Market Snapshot
$2,836,850 Median Sales Price
Feb
-18.4% ∆ YOY
Mar Apr May
$1,143 Average $/SF
$3.475
Jan
Jun Jul Aug
-5.3% ∆ YOY
Sep
394
Oct Nov Dec
Properties For Sale
62.8% ∆ YOY
Jan
$2.836 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,475,000
$3,846,000
$3,585,000
$2,836,850
-18.4%
Average Price per Square Foot
$1,207
$1,233
$1,354
$1,143
-5.3%
Properties Sold
14
14
16
12
-14.3%
Properties Pending Sale
16
27
9
23
43.8%
Properties For Sale
242
327
348
394
62.8%
Days on Market (Pending Sale)
48
38
21
52
6.9%
Percent Under Contract
6.6%
8.3%
2.6%
5.8%
-11.7%
Average Median Price for Last 12 Months
$3,435,983
$3,153,642
$3,217,283
$3,248,013
-5.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in La Jolla Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
189
Micro Market Report : January 2024
La Mesa Single Family Residences, January 2024
Current Market Snapshot
$912,000 Median Sales Price
$583 Average $/SF
$800
Jan Feb
14.0% ∆ YOY
Mar Apr May Jun Jul Aug
15.0% ∆ YOY
Sep
301
Oct Nov Dec
Properties For Sale
17.6% ∆ YOY
Jan
$912 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$800,000
$994,500
$881,250
$912,000
14.0%
Average Price per Square Foot
$507
$515
$566
$583
15.0%
Properties Sold
29
28
34
24
-17.2%
Properties Pending Sale
34
36
24
31
-8.8%
Properties For Sale
256
280
285
301
17.6%
Days on Market (Pending Sale)
56
22
27
31
-44.9%
Percent Under Contract
13.3%
12.9%
8.4%
10.3%
-22.5%
Average Median Price for Last 12 Months
$880,167
$930,375
$948,667
$910,981
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in La Mesa Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
190
Linda Vista/Clairemont Mesa East Single Family Residences, January 2024
Current Market Snapshot
$1,050,000 Median Sales Price
$638 Average $/SF
$933
Jan Feb
12.5% ∆ YOY
Mar Apr May Jun Jul Aug
7.2% ∆ YOY
Sep
97
Oct Nov Dec
Properties For Sale
22.8% ∆ YOY
Jan
$1.050 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$933,000
$1,000,000
$1,038,000
$1,050,000
12.5%
Average Price per Square Foot
$595
$782
$724
$638
7.2%
Properties Sold
10
13
13
12
20.0%
Properties Pending Sale
11
9
16
10
-9.1%
Properties For Sale
79
88
105
97
22.8%
Days on Market (Pending Sale)
47
13
23
21
-54.6%
Percent Under Contract
13.9%
10.2%
15.2%
10.3%
-26.0%
Average Median Price for Last 12 Months
$981,379
$1,001,517
$1,000,000
$984,546
0.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Linda Vista/Clairemont Mesa East Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
191
Micro Market Report : January 2024
Lemon Grove Single Family Residences, January 2024
Current Market Snapshot
$779,000 Median Sales Price
$455
Average $/SF
$647
Jan Feb
20.3% ∆ YOY
Mar Apr May Jun Jul Aug
0.2% ∆ YOY
Sep
80
Oct Nov Dec
Properties For Sale
12.7% ∆ YOY
Jan
$779 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$647,500
$630,000
$743,000
$779,000
20.3%
Average Price per Square Foot
$454
$452
$520
$455
0.2%
Properties Sold
10
7
14
14
40.0%
Properties Pending Sale
11
10
16
9
-18.2%
Properties For Sale
71
66
80
80
12.7%
Days on Market (Pending Sale)
42
24
70
22
-48.6%
Percent Under Contract
15.5%
15.2%
20.0%
11.2%
-27.4%
Average Median Price for Last 12 Months
$704,896
$731,417
$733,000
$697,846
-1.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Lemon Grove Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
192
National City Single Family Residences, January 2024
Current Market Snapshot
$770,000 Median Sales Price
$430 Average $/SF
$627
Jan Feb
22.7% ∆ YOY
Mar Apr May Jun Jul Aug
-11.7% ∆ YOY
Sep
89
Oct Nov Dec
Properties For Sale
15.6% ∆ YOY
Jan
$770 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$627,500
$717,500
$655,000
$770,000
22.7%
Average Price per Square Foot
$487
$431
$503
$430
-11.7%
Properties Sold
10
14
10
4
-60.0%
Properties Pending Sale
15
10
8
3
-80.0%
Properties For Sale
77
82
85
89
15.6%
Days on Market (Pending Sale)
32
29
24
30
-6.3%
Percent Under Contract
19.5%
12.2%
9.4%
3.4%
-82.7%
Average Median Price for Last 12 Months
$661,958
$707,000
$729,167
$670,154
1.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in National City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
193
Micro Market Report : January 2024
Ocean Beach Single Family Residences, January 2024
Current Market Snapshot
$1,532,500 Median Sales Price
$944 Average $/SF
$1.910
Jan Feb
-19.8% ∆ YOY
Mar Apr May Jun Jul Aug
4.4% ∆ YOY
Sep
115
Oct Nov Dec
Properties For Sale
101.8% ∆ YOY
Jan
$1.532 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,910,000
$2,850,000
$1,887,450
$1,532,500
-19.8%
Average Price per Square Foot
$904
$892
$1,106
$944
4.4%
Properties Sold
6
5
6
8
33.3%
Properties Pending Sale
6
16
8
17
183.3%
Properties For Sale
57
88
100
115
101.8%
Days on Market (Pending Sale)
59
34
30
59
-0.2%
Percent Under Contract
10.5%
18.2%
8.0%
14.8%
40.4%
Average Median Price for Last 12 Months
$1,620,542
$1,847,908
$1,740,833
$1,922,303
18.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Ocean Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
194
Oceanside Single Family Residences, January 2024
Current Market Snapshot
$899,500 Median Sales Price
$560 Average $/SF
$825
Jan Feb Mar
9.0% ∆ YOY
Apr May Jun Jul Aug
8.1% ∆ YOY
Sep
528
Oct Nov Dec
Properties For Sale
30.0% ∆ YOY
Jan
$899 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$825,000
$900,000
$926,000
$899,500
9.0%
Average Price per Square Foot
$518
$542
$533
$560
8.1%
Properties Sold
41
61
45
46
12.2%
Properties Pending Sale
47
70
55
55
17.0%
Properties For Sale
406
477
526
528
30.0%
Days on Market (Pending Sale)
46
24
24
43
-6.1%
Percent Under Contract
11.6%
14.7%
10.5%
10.4%
-10.0%
Average Median Price for Last 12 Months
$883,000
$919,167
$914,667
$897,692
1.7%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Oceanside Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
195
Micro Market Report : January 2024
Pacific & Mission Beach Single Family Residences, January 2024
Current Market Snapshot
$2,044,360 Median Sales Price
Feb
35.1% ∆ YOY
Mar Apr May
$1,207 Average $/SF
$1.513
Jan
Jun Jul Aug
12.1% ∆ YOY
Sep
169
Oct Nov Dec
Properties For Sale
70.7% ∆ YOY
Jan
$2.044 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,513,400
$2,225,000
$2,192,500
$2,044,360
35.1%
Average Price per Square Foot
$1,077
$1,402
$1,054
$1,207
12.1%
Properties Sold
6
15
12
12
100.0%
Properties Pending Sale
7
12
11
7
0.0%
Properties For Sale
99
141
157
169
70.7%
Days on Market (Pending Sale)
48
26
49
51
7.2%
Percent Under Contract
7.1%
8.5%
7.0%
4.1%
-41.4%
Average Median Price for Last 12 Months
$1,858,617
$2,110,727
$2,003,120
$2,033,482
9.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Pacific & Mission Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
196
Poway Single Family Residences, January 2024
Current Market Snapshot
$1,526,000 Median Sales Price
$566 Average $/SF
$1.150
Jan Feb
32.7% ∆ YOY
Mar Apr May Jun Jul Aug
0.9% ∆ YOY
Sep
259
Oct Nov Dec
Properties For Sale
34.9% ∆ YOY
Jan
$1.526 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,150,000
$1,372,000
$1,255,000
$1,526,000
32.7%
Average Price per Square Foot
$561
$587
$586
$566
0.9%
Properties Sold
21
39
30
16
-23.8%
Properties Pending Sale
22
29
28
25
13.6%
Properties For Sale
192
234
254
259
34.9%
Days on Market (Pending Sale)
53
28
23
33
-37.2%
Percent Under Contract
11.5%
12.4%
11.0%
9.7%
-15.8%
Average Median Price for Last 12 Months
$1,169,042
$1,309,333
$1,350,333
$1,243,958
6.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Poway Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
197
Micro Market Report : January 2024
Rancho Bernardo Single Family Residences, January 2024
Current Market Snapshot
$1,387,500 Median Sales Price
$717
Average $/SF
$1.100
Jan Feb
26.1% ∆ YOY
Mar Apr May Jun Jul Aug
16.6% ∆ YOY
Sep
453
Oct Nov Dec
Properties For Sale
15.9% ∆ YOY
Jan
$1.387 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,100,000
$1,383,000
$1,416,888
$1,387,500
26.1%
Average Price per Square Foot
$615
$691
$697
$717
16.6%
Properties Sold
39
46
37
26
-33.3%
Properties Pending Sale
45
56
34
37
-17.8%
Properties For Sale
391
430
429
453
15.9%
Days on Market (Pending Sale)
41
37
25
30
-28.4%
Percent Under Contract
11.5%
13.0%
7.9%
8.2%
-29.0%
Average Median Price for Last 12 Months
$1,307,917
$1,325,847
$1,324,815
$1,301,391
-0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rancho Bernardo Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
198
Rancho Santa Fe Single Family Residences, January 2024
Current Market Snapshot
$4,000,000 Median Sales Price
$883 Average $/SF
-19.2% ∆ YOY
$4.950
Jan Feb Mar Apr May Jun Jul Aug
0.9% ∆ YOY
Sep
281
Oct Nov Dec
Properties For Sale
50.3% ∆ YOY
Jan
$4.000 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$4,950,000
$4,240,000
$4,250,000
$4,000,000
-19.2%
Average Price per Square Foot
$875
$802
$965
$883
0.9%
Properties Sold
14
15
15
13
-7.1%
Properties Pending Sale
20
16
18
16
-20.0%
Properties For Sale
187
252
271
281
50.3%
Days on Market (Pending Sale)
60
98
84
60
-0.0%
Percent Under Contract
10.7%
6.3%
6.6%
5.7%
-46.8%
Average Median Price for Last 12 Months
$4,364,833
$4,741,667
$4,705,000
$4,479,231
2.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Rancho Santa Fe Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
199
Micro Market Report : January 2024
San Marcos Single Family Residences, January 2024
Current Market Snapshot
$950,000 Median Sales Price
$546 Average $/SF
$1.087
Jan Feb
-12.6% ∆ YOY
Mar Apr May Jun Jul Aug
23.3% ∆ YOY
Sep
262
Oct Nov Dec
Properties For Sale
13.4% ∆ YOY
Jan
$950 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,087,000
$1,150,000
$1,175,000
$950,000
-12.6%
Average Price per Square Foot
$443
$493
$526
$546
23.3%
Properties Sold
24
36
39
17
-29.2%
Properties Pending Sale
37
30
32
20
-45.9%
Properties For Sale
231
243
263
262
13.4%
Days on Market (Pending Sale)
50
21
28
41
-17.0%
Percent Under Contract
16.0%
12.3%
12.2%
7.6%
-52.3%
Average Median Price for Last 12 Months
$1,034,210
$1,086,383
$1,025,083
$1,076,330
4.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Marcos Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
200
San Diego Single Family Residences, January 2024
Current Market Snapshot
$1,150,000 Median Sales Price
$743
Average $/SF
$899
Jan Feb
27.9% ∆ YOY
Mar Apr May Jun Jul Aug
19.6% ∆ YOY
Sep
369
Oct Nov Dec
Properties For Sale
37.2% ∆ YOY
Jan
$1.150 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$899,000
$1,110,000
$1,122,500
$1,150,000
27.9%
Average Price per Square Foot
$621
$769
$743
$743
19.6%
Properties Sold
21
48
32
37
76.2%
Properties Pending Sale
43
40
57
47
9.3%
Properties For Sale
269
311
378
369
37.2%
Days on Market (Pending Sale)
38
21
22
26
-30.7%
Percent Under Contract
16.0%
12.9%
15.1%
12.7%
-20.3%
Average Median Price for Last 12 Months
$1,052,208
$1,097,852
$1,098,933
$1,072,816
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in San Diego Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
201
Micro Market Report : January 2024
Santee Single Family Residences, January 2024
Current Market Snapshot
$790,000 Median Sales Price
$520 Average $/SF
$755
Jan Feb Mar
4.6% ∆ YOY
Apr May Jun Jul Aug
5.7% ∆ YOY
Sep
203
Oct Nov Dec
Properties For Sale
12.8% ∆ YOY
Jan
$790 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$755,000
$812,500
$790,500
$790,000
4.6%
Average Price per Square Foot
$492
$528
$511
$520
5.7%
Properties Sold
26
22
24
17
-34.6%
Properties Pending Sale
29
42
22
25
-13.8%
Properties For Sale
180
214
197
203
12.8%
Days on Market (Pending Sale)
45
22
18
23
-48.5%
Percent Under Contract
16.1%
19.6%
11.2%
12.3%
-23.6%
Average Median Price for Last 12 Months
$785,792
$810,500
$808,333
$803,923
2.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santee Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
202
Solana Beach Single Family Residences, January 2024
Current Market Snapshot
$2,500,000 Median Sales Price
Feb
-14.2% ∆ YOY
Mar Apr May
$1,144 Average $/SF
$2.912
Jan
Jun Jul Aug
-21.4% ∆ YOY
Sep
71
Oct Nov Dec
Properties For Sale
51.1% ∆ YOY
Jan
$2.500 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,912,500
$3,065,000
$2,647,500
$2,500,000
-14.2%
Average Price per Square Foot
$1,455
$1,405
$1,809
$1,144
-21.4%
Properties Sold
2
3
6
3
50.0%
Properties Pending Sale
6
8
7
4
-33.3%
Properties For Sale
47
72
67
71
51.1%
Days on Market (Pending Sale)
40
41
89
53
33.0%
Percent Under Contract
12.8%
11.1%
10.4%
5.6%
-55.9%
Average Median Price for Last 12 Months
$2,820,625
$2,911,500
$2,673,333
$2,957,212
4.8%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Solana Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
203
Micro Market Report : January 2024
Spring Valley Single Family Residences, January 2024
Current Market Snapshot
$759,400 Median Sales Price
$472 Average $/SF
$695
Jan Feb Mar
9.3% ∆ YOY
Apr May Jun Jul Aug
14.0% ∆ YOY
Sep
255
Oct Nov Dec
Properties For Sale
23.8% ∆ YOY
Jan
$759 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$695,000
$770,000
$747,500
$759,400
9.3%
Average Price per Square Foot
$414
$457
$471
$472
14.0%
Properties Sold
24
29
30
16
-33.3%
Properties Pending Sale
29
31
34
26
-10.3%
Properties For Sale
206
225
256
255
23.8%
Days on Market (Pending Sale)
50
29
40
42
-15.3%
Percent Under Contract
14.1%
13.8%
13.3%
10.2%
-27.6%
Average Median Price for Last 12 Months
$730,667
$760,400
$754,133
$745,415
2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Spring Valley Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
204
Vista Single Family Residences, January 2024
Current Market Snapshot
$949,000 Median Sales Price
$440 Average $/SF
$808
Jan Feb
17.4% ∆ YOY
Mar Apr May Jun Jul Aug
-0.9% ∆ YOY
Sep
385
Oct Nov Dec
Properties For Sale
29.2% ∆ YOY
Jan
$949 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$808,500
$915,000
$872,000
$949,000
17.4%
Average Price per Square Foot
$444
$509
$476
$440
-0.9%
Properties Sold
30
51
46
28
-6.7%
Properties Pending Sale
31
69
35
44
41.9%
Properties For Sale
298
381
391
385
29.2%
Days on Market (Pending Sale)
53
28
38
38
-28.0%
Percent Under Contract
10.4%
18.1%
9.0%
11.4%
9.9%
Average Median Price for Last 12 Months
$862,979
$897,167
$884,500
$889,654
3.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Vista Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
205
Micro Market Report : January 2024
Condominiums Select Areas in Multiple Counties
206
Beverly Center - Miracle Mile
Marina Del Rey
Beverly Hills
Santa Monica
Brentwood
Sherman Oaks
Culver City
Studio City
Downtown Los Angeles
Venice
Encino
West Hollywood
Malibu
West LA
Malibu Beach
Westwood - Century City
Micro Market Report : January 2024
Condominiums
Country
United States
At a Glance
State
California
Region
Multiple
Counties
Los Angeles Orange Santa Barbara Monterey
Micro Market Report : January 2024
207
Beverly Center - Miracle Mile Condominiums, January 2024
Current Market Snapshot
$785,000 Median Sales Price
Feb
-1.8% ∆ YOY
Mar Apr May
$1,360 Average $/SF
$799
Jan
Jun Jul Aug
142.4% ∆ YOY
Sep
71
Oct Nov Dec
Properties For Sale
10.9% ∆ YOY
Jan
$785 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$799,000
$1,432,000
$860,000
$785,000
-1.8%
Average Price per Square Foot
$561
$1,064
$696
$1,360
142.4%
Properties Sold
3
6
4
5
66.7%
Properties Pending Sale
6
7
6
9
50.0%
Properties For Sale
64
65
72
71
10.9%
Days on Market (Pending Sale)
116
27
53
36
-68.7%
Percent Under Contract
9.4%
10.8%
8.3%
12.7%
35.2%
Average Median Price for Last 12 Months
$937,500
$985,250
$924,000
$987,962
5.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Beverly Center - Miracle Mile Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
208
Micro Market Report : January 2024
Beverly Hills Condominiums, January 2024
Current Market Snapshot
$1,437,500 Median Sales Price
$847 Average $/SF
$3.250
Jan Feb
-55.8% ∆ YOY
Mar Apr May Jun Jul Aug
-18.7% ∆ YOY
Sep
63
Oct Nov Dec
Properties For Sale
-1.6% ∆ YOY
Jan
$1.437 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$3,250,000
$1,800,000
$1,945,000
$1,437,500
-55.8%
Average Price per Square Foot
$1,042
$817
$1,039
$847
-18.7%
Properties Sold
3
9
8
8
166.7%
Properties Pending Sale
2
7
7
2
0.0%
Properties For Sale
64
54
78
63
-1.6%
Days on Market (Pending Sale)
47
71
92
58
22.3%
Percent Under Contract
3.1%
13.0%
9.0%
3.2%
1.6%
Average Median Price for Last 12 Months
$1,605,896
$1,493,167
$1,503,333
$1,703,223
6.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Beverly Hills Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
209
Brentwood Condominiums, January 2024
Current Market Snapshot
$1,144,000 Median Sales Price
$733 Average $/SF
$880
Jan Feb
30.0% ∆ YOY
Mar Apr May Jun Jul Aug
-7.1% ∆ YOY
Sep
67
Oct Nov Dec
Properties For Sale
19.6% ∆ YOY
Jan
$1.144 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$880,000
$725,000
$921,500
$1,144,000
30.0%
Average Price per Square Foot
$789
$726
$725
$733
-7.1%
Properties Sold
9
7
8
6
-33.3%
Properties Pending Sale
14
8
10
14
0.0%
Properties For Sale
56
58
80
67
19.6%
Days on Market (Pending Sale)
48
33
29
66
39.0%
Percent Under Contract
25.0%
13.8%
12.5%
20.9%
-16.4%
Average Median Price for Last 12 Months
$1,063,854
$980,750
$1,028,000
$984,192
-7.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Brentwood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
210
Micro Market Report : January 2024
Culver City Condominiums, January 2024
Current Market Snapshot
$645,745 Median Sales Price
$619
Average $/SF
$623
Jan Feb Mar
3.7% ∆ YOY
Apr May Jun Jul Aug
2.7% ∆ YOY
Sep
43
Oct Nov Dec
Properties For Sale
22.9% ∆ YOY
Jan
$645 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$623,000
$665,000
$635,000
$645,745
3.7%
Average Price per Square Foot
$603
$706
$588
$619
2.7%
Properties Sold
7
9
4
7
0.0%
Properties Pending Sale
9
10
7
14
55.6%
Properties For Sale
35
40
39
43
22.9%
Days on Market (Pending Sale)
14
18
20
52
274.8%
Percent Under Contract
25.7%
25.0%
17.9%
32.6%
26.6%
Average Median Price for Last 12 Months
$644,500
$657,374
$660,082
$646,880
0.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Culver City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
211
Downtown Condominiums, January 2024
Current Market Snapshot
$524,000 Median Sales Price
$672
Average $/SF
$543
Jan Feb
-3.6% ∆ YOY
Mar Apr May Jun Jul Aug
-1.9% ∆ YOY
Sep
257
Oct Nov Dec
Properties For Sale
-10.5% ∆ YOY
Jan
$524 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$543,500
$727,500
$557,500
$524,000
-3.6%
Average Price per Square Foot
$685
$660
$686
$672
-1.9%
Properties Sold
10
26
30
16
60.0%
Properties Pending Sale
12
21
18
21
75.0%
Properties For Sale
287
311
281
257
-10.5%
Days on Market (Pending Sale)
66
73
42
75
14.1%
Percent Under Contract
4.2%
6.8%
6.4%
8.2%
95.4%
Average Median Price for Last 12 Months
$580,000
$549,750
$537,333
$568,645
-2.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Downtown Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
212
Micro Market Report : January 2024
Encino Condominiums, January 2024
Current Market Snapshot
$375,000 Median Sales Price
$389 Average $/SF
$528
Jan Feb
-29.0% ∆ YOY
Mar Apr May Jun Jul Aug
-16.0% ∆ YOY
Sep
39
Oct Nov Dec
Properties For Sale
-25.0% ∆ YOY
Jan
$375 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$528,000
$612,500
$410,000
$375,000
-29.0%
Average Price per Square Foot
$463
$535
$383
$389
-16.0%
Properties Sold
9
6
13
6
-33.3%
Properties Pending Sale
9
9
11
12
33.3%
Properties For Sale
52
51
53
39
-25.0%
Days on Market (Pending Sale)
53
33
38
49
-6.7%
Percent Under Contract
17.3%
17.6%
20.8%
30.8%
77.8%
Average Median Price for Last 12 Months
$512,875
$506,333
$487,333
$500,813
-2.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Encino Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
213
Malibu Condominiums, January 2024
Current Market Snapshot
$855,000 Median Sales Price
Feb
-55.0% ∆ YOY
Mar Apr May
$1,012 Average $/SF
$1.900
Jan
Jun Jul Aug
21.9% ∆ YOY
Sep
14
Oct Nov Dec
Properties For Sale
40.0% ∆ YOY
Jan
$855 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,900,000
$1,149,500
$1,139,000
$855,000
-55.0%
Average Price per Square Foot
$830
$967
$964
$1,012
21.9%
Properties Sold
1
4
3
1
0.0%
Properties Pending Sale
2
1
2
1
-50.0%
Properties For Sale
10
12
9
14
40.0%
Days on Market (Pending Sale)
100
57
38
24
-76.0%
Percent Under Contract
20.0%
8.3%
22.2%
7.1%
-64.3%
Average Median Price for Last 12 Months
$1,174,167
$881,450
$945,000
$943,669
-19.6%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Malibu Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
214
Micro Market Report : January 2024
Malibu Beach Condominiums, January 2024
Current Market Snapshot
No Sales Median Sales Price
Feb
-100.0% ∆ YOY
Mar Apr May
No Sales Average $/SF
$2.368
Jan
Jun Jul Aug
-100.0% ∆ YOY
Sep
6
Oct Nov Dec
Properties For Sale
50.0% ∆ YOY
Jan
Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$2,368,250
$0
$2,797,500
$0
-100.0%
Average Price per Square Foot
$2,498
$0
$1,936
$0
-100.0%
Properties Sold
2
0
2
0
-100.0%
Properties Pending Sale
1
1
1
1
0.0%
Properties For Sale
4
14
11
6
50.0%
Days on Market (Pending Sale)
19
1
104
107
463.2%
Percent Under Contract
25.0%
7.1%
9.1%
16.7%
-33.3%
Average Median Price for Last 12 Months
$1,150,313
$1,224,000
$1,182,167
$1,058,635
-8.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Malibu Beach Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
215
Marina Del Rey Condominiums, January 2024
Current Market Snapshot
$1,142,500 Median Sales Price
$850 Average $/SF
$1.143
Jan Feb
-0.0% ∆ YOY
Mar Apr May Jun Jul Aug
-7.1% ∆ YOY
Sep
79
Oct Nov Dec
Properties For Sale
8.2% ∆ YOY
Jan
$1.142 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,143,000
$1,179,000
$1,255,750
$1,142,500
-0.0%
Average Price per Square Foot
$915
$881
$753
$850
-7.1%
Properties Sold
13
11
12
14
7.7%
Properties Pending Sale
13
10
15
13
0.0%
Properties For Sale
73
98
94
79
8.2%
Days on Market (Pending Sale)
30
27
63
46
50.5%
Percent Under Contract
17.8%
10.2%
16.0%
16.5%
-7.6%
Average Median Price for Last 12 Months
$1,131,479
$1,162,833
$1,056,667
$1,177,061
4.0%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Marina Del Rey Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
216
Micro Market Report : January 2024
Santa Monica Condominiums, January 2024
Current Market Snapshot
$1,137,500 Median Sales Price
Feb
60.8% ∆ YOY
Mar Apr May
$1,192 Average $/SF
$707
Jan
Jun Jul Aug
34.4% ∆ YOY
Sep
112
Oct Nov Dec
Properties For Sale
9.8% ∆ YOY
Jan
$1.137 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$707,500
$1,150,000
$1,250,000
$1,137,500
60.8%
Average Price per Square Foot
$887
$1,064
$1,224
$1,192
34.4%
Properties Sold
10
15
23
9
-10.0%
Properties Pending Sale
9
15
17
16
77.8%
Properties For Sale
102
119
120
112
9.8%
Days on Market (Pending Sale)
44
33
75
93
111.9%
Percent Under Contract
8.8%
12.6%
14.2%
14.3%
61.9%
Average Median Price for Last 12 Months
$1,106,667
$1,124,917
$1,086,500
$1,101,038
-0.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Santa Monica Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
217
Sherman Oaks Condominiums, January 2024
Current Market Snapshot
$695,000 Median Sales Price
$551
Average $/SF
$685
Jan Feb Mar
1.5% ∆ YOY
Apr May Jun Jul Aug
8.3% ∆ YOY
Sep
45
Oct Nov Dec
Properties For Sale
-8.2% ∆ YOY
Jan
$695 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$685,000
$732,000
$667,500
$695,000
1.5%
Average Price per Square Foot
$509
$518
$539
$551
8.3%
Properties Sold
5
12
6
6
20.0%
Properties Pending Sale
9
15
10
11
22.2%
Properties For Sale
49
43
53
45
-8.2%
Days on Market (Pending Sale)
45
26
14
67
47.4%
Percent Under Contract
18.4%
34.9%
18.9%
24.4%
33.1%
Average Median Price for Last 12 Months
$672,396
$707,708
$744,667
$682,788
1.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Sherman Oaks Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
218
Micro Market Report : January 2024
Studio City Condominiums, January 2024
Current Market Snapshot
$704,000 Median Sales Price
$587
Average $/SF
$744
Jan Feb
-5.4% ∆ YOY
Mar Apr May Jun Jul Aug
1.4% ∆ YOY
Sep
30
Oct Nov Dec
Properties For Sale
76.5% ∆ YOY
Jan
$704 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$744,000
$754,000
$877,500
$704,000
-5.4%
Average Price per Square Foot
$579
$688
$614
$587
1.4%
Properties Sold
4
4
8
3
-25.0%
Properties Pending Sale
1
5
11
10
900.0%
Properties For Sale
17
28
30
30
76.5%
Days on Market (Pending Sale)
435
12
31
25
-94.3%
Percent Under Contract
5.9%
17.9%
36.7%
33.3%
466.7%
Average Median Price for Last 12 Months
$771,375
$798,833
$743,500
$810,704
5.1%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Studio City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
219
Venice Condominiums, January 2024
Current Market Snapshot
No Sales Median Sales Price
Feb
-100.0% ∆ YOY
Mar Apr May
No Sales Average $/SF
$1.388
Jan
Jun Jul Aug
-100.0% ∆ YOY
Sep
12
Oct Nov Dec
Properties For Sale
33.3% ∆ YOY
Jan
Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,388,153
$0
$0
$0
-100.0%
Average Price per Square Foot
$751
$0
$0
$0
-100.0%
Properties Sold
1
0
0
0
-100.0%
Properties Pending Sale
1
0
0
1
0.0%
Properties For Sale
9
7
10
12
33.3%
Days on Market (Pending Sale)
42
0
0
58
38.1%
Percent Under Contract
11.1%
0.0%
0.0%
8.3%
-25.0%
Average Median Price for Last 12 Months
$1,157,138
$216,667
$433,333
$749,858
-35.2%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Venice Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
220
Micro Market Report : January 2024
West Hollywood Condominiums, January 2024
Current Market Snapshot
$835,000 Median Sales Price
$944 Average $/SF
$1.625
Jan Feb
-48.6% ∆ YOY
Mar Apr May Jun Jul Aug
-59.0% ∆ YOY
Sep
151
Oct Nov Dec
Properties For Sale
0.0% ∆ YOY
Jan
$835 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,625,000
$875,000
$908,200
$835,000
-48.6%
Average Price per Square Foot
$2,303
$846
$1,179
$944
-59.0%
Properties Sold
21
23
15
17
-19.0%
Properties Pending Sale
24
22
21
20
-16.7%
Properties For Sale
151
146
162
151
0.0%
Days on Market (Pending Sale)
18
44
47
51
178.2%
Percent Under Contract
15.9%
15.1%
13.0%
13.2%
-16.7%
Average Median Price for Last 12 Months
$964,360
$924,117
$923,000
$986,304
2.3%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West Hollywood Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
221
West Los Angeles Condominiums, January 2024
Current Market Snapshot
$1,106,000 Median Sales Price
$727
Average $/SF
$715
Jan Feb
54.7% ∆ YOY
Mar Apr May Jun Jul Aug
10.8% ∆ YOY
Sep
24
Oct Nov Dec
Properties For Sale
-7.7% ∆ YOY
Jan
$1.106 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$715,000
$1,100,000
$1,013,000
$1,106,000
54.7%
Average Price per Square Foot
$656
$703
$723
$727
10.8%
Properties Sold
3
7
8
6
100.0%
Properties Pending Sale
7
13
7
6
-14.3%
Properties For Sale
26
37
44
24
-7.7%
Days on Market (Pending Sale)
45
18
21
31
-31.8%
Percent Under Contract
26.9%
35.1%
15.9%
25.0%
-7.1%
Average Median Price for Last 12 Months
$871,563
$947,250
$936,667
$914,415
4.9%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in West LA Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
222
Micro Market Report : January 2024
Westwood - Century City Condominiums, January 2024
Current Market Snapshot
$1,485,000 Median Sales Price
$837 Average $/SF
$1.125
Jan Feb
32.0% ∆ YOY
Mar Apr May Jun Jul Aug
19.4% ∆ YOY
Sep
242
Oct Nov Dec
Properties For Sale
0.4% ∆ YOY
Jan
$1.485 Median Sales Price ($100,000s)
Data*
Jan 2023
6 Month
3 Month
Jan 2024
% Change
Median Price
$1,125,000
$1,040,000
$1,050,000
$1,485,000
32.0%
Average Price per Square Foot
$701
$792
$895
$837
19.4%
Properties Sold
25
38
22
25
0.0%
Properties Pending Sale
28
40
30
18
-35.7%
Properties For Sale
241
268
289
242
0.4%
Days on Market (Pending Sale)
58
24
35
63
7.5%
Percent Under Contract
11.6%
14.9%
10.4%
7.4%
-36.0%
Average Median Price for Last 12 Months
$1,091,313
$1,116,917
$1,187,167
$1,129,077
3.5%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Westwood - Century City Micro Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
Micro Market Report : January 2024
223
elliman.com
150 EL CAMINO DRIVE, BEVERLY HILLS, SUITE 150, CA 90212. 310.595.3888 © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DATA SOURCED FROM BROKERMETRICS BY TERRADATUM.