Micro Market Report
September 2023
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 94 Santa Barbara County
140
Monterey County 150 Riverside County 160 San Diego County
178
Condominiums 210
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 : September 2023
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 : September 2023
5
Los Angeles County Single Family Residences, September 2023
Current Market Snapshot
$945,000 Median Sales Price
$692 Average $/SF
$910
Sep Oct Nov
3.8% ∆ YOY
Dec Jan Feb Mar Apr
5.0% ∆ YOY
May
11,907
Properties For Sale
Jun Jul Aug
-29.4% ∆ YOY
Sep
$945 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$910,000
$885,000
$950,000
$945,000
3.8%
Average Price per Square Foot
$659
$704
$676
$692
5.0%
Properties Sold
3350
3060
3338
2625
-21.6%
Properties Pending Sale
2934
3099
3035
2741
-6.6%
Properties For Sale
16,855
12,754
12,797
11,907
-29.4%
Days on Market (Pending Sale)
34
37
27
30
-11.8%
Percent Under Contract
17.4%
24.3%
23.7%
23.0%
32.2%
Average Median Price for Last 12 Months
$931,417
$928,750
$944,333
$898,992
-3.6%
*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 : September 2023
Bel-Air Holmby Hills Single Family Residences, September 2023
Current Market Snapshot
$4,998,000 Median Sales Price
$997 Average $/SF
$3.300
Sep Oct
51.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
-38.0% ∆ YOY
May
131
Jun Jul Aug
Properties For Sale
-14.4% ∆ YOY
Sep
$4.998 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,300,000
$5,431,250
$2,575,000
$4,998,000
51.5%
Average Price per Square Foot
$1,607
$1,008
$1,040
$997
-38.0%
Properties Sold
12
16
14
5
-58.3%
Properties Pending Sale
16
16
5
6
-62.5%
Properties For Sale
153
152
141
131
-14.4%
Days on Market (Pending Sale)
59
90
41
26
-56.5%
Percent Under Contract
10.5%
10.5%
3.5%
4.6%
-56.2%
Average Median Price for Last 12 Months
$3,753,625
$2,654,917
$2,944,833
$3,136,750
-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 : September 2023
7
Beverly Center - Miracle Mile Single Family Residences, September 2023
Current Market Snapshot
$2,485,000 Median Sales Price
$943 Average $/SF
$2.155
Sep Oct
15.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
-1.7% ∆ YOY
May
63
Jun Jul Aug
Properties For Sale
-4.5% ∆ YOY
Sep
$2.485 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,155,000
$1,925,000
$2,252,500
$2,485,000
15.3%
Average Price per Square Foot
$959
$922
$896
$943
-1.7%
Properties Sold
9
13
12
12
33.3%
Properties Pending Sale
7
11
19
12
71.4%
Properties For Sale
66
67
82
63
-4.5%
Days on Market (Pending Sale)
26
28
33
63
142.0%
Percent Under Contract
10.6%
16.4%
23.2%
19.0%
79.6%
Average Median Price for Last 12 Months
$2,549,694
$2,125,417
$2,282,500
$2,108,615
-20.9%
*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 : September 2023
Beverly Hills Single Family Residences, September 2023
Current Market Snapshot
$4,050,000 Median Sales Price
Oct
-24.3% ∆ YOY
Nov Dec Jan
$1,545 Average $/SF
$5.347
Sep
Feb Mar Apr
-36.7% ∆ YOY
May
112
Jun Jul Aug
Properties For Sale
-13.2% ∆ YOY
Sep
$4.050 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$5,347,294
$8,300,000
$5,500,000
$4,050,000
-24.3%
Average Price per Square Foot
$2,440
$1,903
$1,442
$1,545
-36.7%
Properties Sold
8
13
13
7
-12.5%
Properties Pending Sale
13
19
11
4
-69.2%
Properties For Sale
129
118
106
112
-13.2%
Days on Market (Pending Sale)
36
70
66
95
160.8%
Percent Under Contract
10.1%
16.1%
10.4%
3.6%
-64.6%
Average Median Price for Last 12 Months
$7,331,754
$5,758,500
$5,929,333
$6,286,292
-16.6%
*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 : September 2023
9
Beverly Hills- Post Office Single Family Residences, September 2023
Current Market Snapshot
$2,340,000 Median Sales Price
Oct
-19.3% ∆ YOY
Nov Dec Jan
$1,135 Average $/SF
$2.900
Sep
Feb Mar Apr
-0.1% ∆ YOY
May
147
Jun Jul Aug
Properties For Sale
-6.4% ∆ YOY
Sep
$2.340 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,900,000
$8,600,000
$2,908,775
$2,340,000
-19.3%
Average Price per Square Foot
$1,136
$1,390
$1,279
$1,135
-0.1%
Properties Sold
7
17
10
7
0.0%
Properties Pending Sale
6
10
9
12
100.0%
Properties For Sale
157
140
146
147
-6.4%
Days on Market (Pending Sale)
66
71
57
59
-10.7%
Percent Under Contract
3.8%
7.1%
6.2%
8.2%
113.6%
Average Median Price for Last 12 Months
$3,840,495
$3,184,318
$3,613,333
$3,710,454
-3.5%
*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 : September 2023
Beverlywood Single Family Residences, September 2023
Current Market Snapshot
$2,745,000 Median Sales Price
$957
Average $/SF
$1.612
Sep Oct
70.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
4.6% ∆ YOY
May
46
Jun Jul Aug
Properties For Sale
-38.7% ∆ YOY
Sep
$2.745 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,612,500
$1,912,500
$2,179,800
$2,745,000
70.2%
Average Price per Square Foot
$915
$892
$1,067
$957
4.6%
Properties Sold
12
14
10
7
-41.7%
Properties Pending Sale
13
15
8
10
-23.1%
Properties For Sale
75
55
53
46
-38.7%
Days on Market (Pending Sale)
42
29
31
40
-6.3%
Percent Under Contract
17.3%
27.3%
15.1%
21.7%
25.4%
Average Median Price for Last 12 Months
$1,787,588
$1,879,050
$2,080,833
$1,782,254
-0.3%
*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 : September 2023
11
Brentwood Single Family Residences, September 2023
Current Market Snapshot
$2,960,000 Median Sales Price
Oct
-18.3% ∆ YOY
Nov Dec Jan
$1,344 Average $/SF
$3.623
Sep
Feb Mar Apr
-10.9% ∆ YOY
May
114
Jun Jul Aug
Properties For Sale
-9.5% ∆ YOY
Sep
$2.960 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,623,500
$6,500,000
$3,075,000
$2,960,000
-18.3%
Average Price per Square Foot
$1,509
$1,452
$1,140
$1,344
-10.9%
Properties Sold
16
31
12
9
-43.8%
Properties Pending Sale
12
20
11
6
-50.0%
Properties For Sale
126
139
126
114
-9.5%
Days on Market (Pending Sale)
42
28
60
26
-37.6%
Percent Under Contract
9.5%
14.4%
8.7%
5.3%
-44.7%
Average Median Price for Last 12 Months
$4,048,667
$3,352,000
$3,329,000
$3,939,377
-2.8%
*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 : September 2023
Cheviot Hills - Rancho Park Single Family Residences, September 2023
Current Market Snapshot
$2,800,000 Median Sales Price
16.7% ∆ YOY
Oct Nov Dec Jan
$1,017 Average $/SF
$2.400
Sep
Feb Mar Apr
3.4% ∆ YOY
May
21
Jun Jul Aug
Properties For Sale
-27.6% ∆ YOY
Sep
$2.800 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,400,000
$5,210,000
$2,795,000
$2,800,000
16.7%
Average Price per Square Foot
$984
$1,203
$1,129
$1,017
3.4%
Properties Sold
9
7
8
11
22.2%
Properties Pending Sale
8
4
6
5
-37.5%
Properties For Sale
29
20
19
21
-27.6%
Days on Market (Pending Sale)
19
12
45
15
-24.6%
Percent Under Contract
27.6%
20.0%
31.6%
23.8%
-13.7%
Average Median Price for Last 12 Months
$2,852,542
$2,528,750
$2,476,667
$2,761,606
-3.3%
*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 : September 2023
13
Culver City Single Family Residences, September 2023
Current Market Snapshot
$1,805,000 Median Sales Price
Oct
17.0% ∆ YOY
Nov Dec Jan
$1,035 Average $/SF
$1.542
Sep
Feb Mar Apr
9.5% ∆ YOY
May
85
Jun Jul Aug
Properties For Sale
4.9% ∆ YOY
Sep
$1.805 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,542,500
$1,465,000
$1,600,000
$1,805,000
17.0%
Average Price per Square Foot
$945
$914
$985
$1,035
9.5%
Properties Sold
16
14
26
16
0.0%
Properties Pending Sale
17
13
17
18
5.9%
Properties For Sale
81
61
76
85
4.9%
Days on Market (Pending Sale)
18
47
16
27
46.6%
Percent Under Contract
21.0%
21.3%
22.4%
21.2%
0.9%
Average Median Price for Last 12 Months
$1,691,616
$1,584,083
$1,601,667
$1,602,029
-5.6%
*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 : September 2023
Downtown Single Family Residences, September 2023
Current Market Snapshot
$685,000 Median Sales Price
$458 Average $/SF
$725
Sep Oct
-5.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
7.3% ∆ YOY
May
48
Jun Jul Aug
Properties For Sale
-18.6% ∆ YOY
Sep
$685 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$725,000
$630,000
$650,000
$685,000
-5.5%
Average Price per Square Foot
$427
$418
$440
$458
7.3%
Properties Sold
10
12
9
7
-30.0%
Properties Pending Sale
10
7
7
11
10.0%
Properties For Sale
59
43
49
48
-18.6%
Days on Market (Pending Sale)
64
55
31
51
-20.1%
Percent Under Contract
16.9%
16.3%
14.3%
22.9%
35.2%
Average Median Price for Last 12 Months
$570,042
$603,917
$639,500
$602,577
5.4%
*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 : September 2023
15
Hancock Park - Wilshire Single Family Residences, September 2023
Current Market Snapshot
$1,950,000 Median Sales Price
Oct Nov
6.0% ∆ YOY
Dec Jan
$1,024 Average $/SF
$1.840
Sep
Feb Mar Apr
21.0% ∆ YOY
May
89
Jun Jul Aug
Properties For Sale
1.1% ∆ YOY
Sep
$1.950 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,840,000
$3,975,000
$2,539,113
$1,950,000
6.0%
Average Price per Square Foot
$846
$1,040
$1,053
$1,024
21.0%
Properties Sold
19
19
18
8
-57.9%
Properties Pending Sale
16
22
13
17
6.2%
Properties For Sale
88
87
87
89
1.1%
Days on Market (Pending Sale)
36
34
22
35
-3.6%
Percent Under Contract
18.2%
25.3%
14.9%
19.1%
5.1%
Average Median Price for Last 12 Months
$2,183,839
$2,057,065
$2,019,760
$2,213,030
1.3%
*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 : September 2023
Hollywood Single Family Residences, September 2023
Current Market Snapshot
$1,475,000 Median Sales Price
$820 Average $/SF
$1.257
Sep Oct
17.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
-3.5% ∆ YOY
May
72
Jun Jul Aug
Properties For Sale
1.4% ∆ YOY
Sep
$1.475 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,257,500
$1,118,000
$1,500,000
$1,475,000
17.3%
Average Price per Square Foot
$850
$520
$792
$820
-3.5%
Properties Sold
6
4
4
5
-16.7%
Properties Pending Sale
7
11
4
1
-85.7%
Properties For Sale
71
64
59
72
1.4%
Days on Market (Pending Sale)
53
39
91
57
8.4%
Percent Under Contract
9.9%
17.2%
6.8%
1.4%
-85.9%
Average Median Price for Last 12 Months
$1,355,808
$1,487,417
$1,435,667
$1,442,500
6.0%
*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 : September 2023
17
Hollywood Hills East Single Family Residences, September 2023
Current Market Snapshot
$1,485,000 Median Sales Price
$983 Average $/SF
$1.512
Sep Oct
-1.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
22.1% ∆ YOY
May
70
Jun Jul Aug
Properties For Sale
32.1% ∆ YOY
Sep
$1.485 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,512,500
$1,852,500
$1,885,000
$1,485,000
-1.8%
Average Price per Square Foot
$805
$842
$1,053
$983
22.1%
Properties Sold
10
8
8
7
-30.0%
Properties Pending Sale
10
14
11
7
-30.0%
Properties For Sale
53
53
66
70
32.1%
Days on Market (Pending Sale)
32
27
15
66
107.1%
Percent Under Contract
18.9%
26.4%
16.7%
10.0%
-47.0%
Average Median Price for Last 12 Months
$1,892,104
$1,758,016
$1,686,667
$1,721,008
-9.9%
*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 : September 2023
Inglewood Single Family Residences, September 2023
Current Market Snapshot
$785,000 Median Sales Price
$535
Average $/SF
$1.007
Sep Oct
-22.1% ∆ YOY
Nov Dec Jan Feb Mar Apr
-13.4% ∆ YOY
May
73
Jun Jul Aug
Properties For Sale
-21.5% ∆ YOY
Sep
$785 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,007,500
$850,000
$777,500
$785,000
-22.1%
Average Price per Square Foot
$618
$536
$546
$535
-13.4%
Properties Sold
10
13
24
11
10.0%
Properties Pending Sale
19
18
15
15
-21.1%
Properties For Sale
93
82
80
73
-21.5%
Days on Market (Pending Sale)
40
36
53
26
-35.2%
Percent Under Contract
20.4%
22.0%
18.8%
20.5%
0.6%
Average Median Price for Last 12 Months
$816,625
$769,750
$787,000
$782,231
-4.4%
*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 : September 2023
19
Ladera Heights Single Family Residences, September 2023
Current Market Snapshot
$1,537,000 Median Sales Price
$610
Average $/SF
$1.432
Sep Oct Nov
7.3% ∆ YOY
Dec Jan Feb Mar Apr
-1.1% ∆ YOY
May
17
Jun Jul Aug
Properties For Sale
-10.5% ∆ YOY
Sep
$1.537 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,432,250
$1,470,050
$1,370,000
$1,537,000
7.3%
Average Price per Square Foot
$617
$753
$742
$610
-1.1%
Properties Sold
2
4
3
2
0.0%
Properties Pending Sale
5
4
3
2
-60.0%
Properties For Sale
19
19
21
17
-10.5%
Days on Market (Pending Sale)
47
12
10
38
-19.8%
Percent Under Contract
26.3%
21.1%
14.3%
11.8%
-55.3%
Average Median Price for Last 12 Months
$1,711,324
$1,659,500
$1,657,333
$1,587,831
-7.8%
*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 : September 2023
Laurel Canyon Single Family Residences, September 2023
Current Market Snapshot
$2,180,000 Median Sales Price
$966 Average $/SF
$2.295
Sep Oct
-5.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
-10.1% ∆ YOY
May
140
Jun Jul Aug
Properties For Sale
-9.7% ∆ YOY
Sep
$2.180 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,295,000
$3,100,000
$2,421,250
$2,180,000
-5.0%
Average Price per Square Foot
$1,075
$1,226
$1,056
$966
-10.1%
Properties Sold
29
17
20
25
-13.8%
Properties Pending Sale
23
18
17
11
-52.2%
Properties For Sale
155
146
163
140
-9.7%
Days on Market (Pending Sale)
45
39
36
33
-27.3%
Percent Under Contract
14.8%
12.3%
10.4%
7.9%
-47.0%
Average Median Price for Last 12 Months
$2,352,542
$2,127,384
$2,209,167
$2,171,120
-8.4%
*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 : September 2023
21
Los Feliz Single Family Residences, September 2023
Current Market Snapshot
$2,141,000 Median Sales Price
$994 Average $/SF
$2.225
Sep Oct
-3.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
2.8% ∆ YOY
May
78
Jun Jul Aug
Properties For Sale
-7.1% ∆ YOY
Sep
$2.141 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,225,000
$2,750,000
$2,250,100
$2,141,000
-3.8%
Average Price per Square Foot
$967
$1,037
$1,030
$994
2.8%
Properties Sold
14
11
12
10
-28.6%
Properties Pending Sale
11
11
12
15
36.4%
Properties For Sale
84
61
69
78
-7.1%
Days on Market (Pending Sale)
33
68
52
61
84.5%
Percent Under Contract
13.1%
18.0%
17.4%
19.2%
46.9%
Average Median Price for Last 12 Months
$2,516,219
$2,379,618
$2,484,500
$2,312,901
-8.8%
*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 : September 2023
Malibu Single Family Residences, September 2023
Current Market Snapshot
$3,125,000 Median Sales Price
Oct
-57.6% ∆ YOY
Nov Dec Jan
$1,449 Average $/SF
$7.375
Sep
Feb Mar Apr
-23.2% ∆ YOY
May
154
Jun Jul Aug
Properties For Sale
17.6% ∆ YOY
Sep
$3.125 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$7,375,000
$2,600,000
$3,100,000
$3,125,000
-57.6%
Average Price per Square Foot
$1,887
$1,575
$1,181
$1,449
-23.2%
Properties Sold
6
5
17
8
33.3%
Properties Pending Sale
9
8
12
12
33.3%
Properties For Sale
131
123
145
154
17.6%
Days on Market (Pending Sale)
63
55
58
47
-24.9%
Percent Under Contract
6.9%
6.5%
8.3%
7.8%
13.4%
Average Median Price for Last 12 Months
$3,875,208
$4,232,750
$5,208,333
$3,911,346
0.9%
*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 : September 2023
23
Malibu Beach Single Family Residences, September 2023
Current Market Snapshot
$13,600,000 Median Sales Price
71.2% ∆ YOY
Oct Nov Dec Jan
$3,667 Average $/SF
$7.945
Sep
Feb Mar Apr
17.0% ∆ YOY
May
89
Jun Jul Aug
Properties For Sale
48.3% ∆ YOY
Sep
$13.600 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$7,945,000
$4,300,000
$5,825,000
$13,600,000
71.2%
Average Price per Square Foot
$3,134
$2,456
$3,022
$3,667
17.0%
Properties Sold
3
3
4
5
66.7%
Properties Pending Sale
3
3
6
3
0.0%
Properties For Sale
60
71
96
89
48.3%
Days on Market (Pending Sale)
27
134
77
48
74.4%
Percent Under Contract
5.0%
4.2%
6.2%
3.4%
-32.6%
Average Median Price for Last 12 Months
$8,585,729
$24,631,583
$13,933,333
$18,732,964
54.2%
*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 : September 2023
Marina Del Rey Single Family Residences, September 2023
Current Market Snapshot
$2,185,000 Median Sales Price
Oct
69.4% ∆ YOY
Nov Dec Jan
$1,139 Average $/SF
$1.290
Sep
Feb Mar Apr
9.5% ∆ YOY
May
27
Jun Jul Aug
Properties For Sale
-41.3% ∆ YOY
Sep
$2.185 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,290,000
$1,615,000
$1,756,500
$2,185,000
69.4%
Average Price per Square Foot
$1,040
$996
$1,061
$1,139
9.5%
Properties Sold
6
5
10
5
-16.7%
Properties Pending Sale
11
7
6
3
-72.7%
Properties For Sale
46
40
36
27
-41.3%
Days on Market (Pending Sale)
31
18
24
30
-3.6%
Percent Under Contract
23.9%
17.5%
16.7%
11.1%
-53.5%
Average Median Price for Last 12 Months
$1,794,375
$1,926,083
$1,980,833
$2,028,577
11.5%
*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 : September 2023
25
Mid Los Angeles Single Family Residences, September 2023
Current Market Snapshot
$1,123,500 Median Sales Price
$688 Average $/SF
$1.125
Sep Oct
-0.1% ∆ YOY
Nov Dec Jan Feb Mar Apr
22.0% ∆ YOY
May
137
Jun Jul Aug
Properties For Sale
-22.2% ∆ YOY
Sep
$1.123 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,125,000
$1,125,000
$1,060,250
$1,123,500
-0.1%
Average Price per Square Foot
$564
$671
$661
$688
22.0%
Properties Sold
22
25
16
18
-18.2%
Properties Pending Sale
15
20
16
25
66.7%
Properties For Sale
176
122
132
137
-22.2%
Days on Market (Pending Sale)
36
45
40
32
-12.0%
Percent Under Contract
8.5%
16.4%
12.1%
18.2%
114.1%
Average Median Price for Last 12 Months
$1,131,309
$1,060,282
$1,057,833
$1,066,201
-6.1%
*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 : September 2023
Mid Wilshire Single Family Residences, September 2023
Current Market Snapshot
$1,050,000 Median Sales Price
$591
Average $/SF
$1.637
Sep Oct
-35.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
33.7% ∆ YOY
May
21
Jun Jul Aug
Properties For Sale
-46.2% ∆ YOY
Sep
$1.050 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,637,500
$875,000
$1,027,000
$1,050,000
-35.9%
Average Price per Square Foot
$442
$566
$587
$591
33.7%
Properties Sold
2
2
3
3
50.0%
Properties Pending Sale
0
3
3
1
n/a
Properties For Sale
39
24
24
21
-46.2%
Days on Market (Pending Sale)
0
92
16
17
n/a
Percent Under Contract
0.0%
12.5%
12.5%
4.8%
n/a
Average Median Price for Last 12 Months
$1,461,042
$1,033,417
$1,118,667
$1,002,346
-45.8%
*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 : September 2023
27
Pacific Palisades Single Family Residences, September 2023
Current Market Snapshot
$5,375,000 Median Sales Price
$1,713 Average $/SF
$4.442
Sep Oct
21.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
32.5% ∆ YOY
May
132
Jun Jul Aug
Properties For Sale
12.8% ∆ YOY
Sep
$5.375 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$4,442,500
$6,049,500
$3,300,000
$5,375,000
21.0%
Average Price per Square Foot
$1,293
$1,499
$1,339
$1,713
32.5%
Properties Sold
20
32
17
14
-30.0%
Properties Pending Sale
18
30
19
14
-22.2%
Properties For Sale
117
160
155
132
12.8%
Days on Market (Pending Sale)
56
33
41
26
-54.4%
Percent Under Contract
15.4%
18.8%
12.3%
10.6%
-31.1%
Average Median Price for Last 12 Months
$4,463,690
$3,970,083
$4,308,000
$4,388,077
-1.7%
*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 : September 2023
Palms - Mar Vista Single Family Residences, September 2023
Current Market Snapshot
$1,842,650 Median Sales Price
$1,113 Average $/SF
$2.147
Sep Oct
-14.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
-4.3% ∆ YOY
May
84
Jun Jul Aug
Properties For Sale
13.5% ∆ YOY
Sep
$1.842 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,147,500
$1,970,000
$1,765,000
$1,842,650
-14.2%
Average Price per Square Foot
$1,163
$1,065
$1,078
$1,113
-4.3%
Properties Sold
15
19
20
12
-20.0%
Properties Pending Sale
13
24
19
18
38.5%
Properties For Sale
74
71
78
84
13.5%
Days on Market (Pending Sale)
19
33
15
20
7.3%
Percent Under Contract
17.6%
33.8%
24.4%
21.4%
22.0%
Average Median Price for Last 12 Months
$1,954,371
$1,905,442
$1,950,883
$1,982,704
1.4%
*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 : September 2023
29
Park Hills Heights Single Family Residences, September 2023
Current Market Snapshot
$1,007,500 Median Sales Price
$582 Average $/SF
$1.086
Sep Oct
-7.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
-12.3% ∆ YOY
May
173
Jun Jul Aug
Properties For Sale
-19.5% ∆ YOY
Sep
$1.007 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,086,500
$790,000
$1,114,000
$1,007,500
-7.3%
Average Price per Square Foot
$664
$587
$724
$582
-12.3%
Properties Sold
27
31
35
22
-18.5%
Properties Pending Sale
30
41
29
36
20.0%
Properties For Sale
215
183
150
173
-19.5%
Days on Market (Pending Sale)
44
38
44
42
-3.8%
Percent Under Contract
14.0%
22.4%
19.3%
20.8%
49.1%
Average Median Price for Last 12 Months
$1,064,569
$1,028,292
$1,031,083
$997,596
-6.7%
*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 : September 2023
Playa Del Rey Single Family Residences, September 2023
Current Market Snapshot
$2,683,450 Median Sales Price
$936 Average $/SF
$3.063
Sep Oct
-12.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
15.3% ∆ YOY
May
23
Jun Jul Aug
Properties For Sale
-11.5% ∆ YOY
Sep
$2.683 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,063,750
$2,968,000
$3,399,000
$2,683,450
-12.4%
Average Price per Square Foot
$812
$1,084
$1,145
$936
15.3%
Properties Sold
3
1
1
3
0.0%
Properties Pending Sale
4
1
1
2
-50.0%
Properties For Sale
26
16
18
23
-11.5%
Days on Market (Pending Sale)
97
14
207
18
-81.4%
Percent Under Contract
15.4%
6.2%
5.6%
8.7%
-43.5%
Average Median Price for Last 12 Months
$2,394,829
$2,694,325
$2,458,983
$2,418,900
1.0%
*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 : September 2023
31
Playa Vista Single Family Residences, September 2023
Current Market Snapshot
$3,575,000 Median Sales Price
Sep Oct Nov
n/a ∆ YOY
Dec Jan
$1,006 Average $/SF
Feb Mar Apr
n/a ∆ YOY
May
7
Jun Jul Aug
Properties For Sale
-46.2% ∆ YOY
Sep
$3.575 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$0
$5,100,000
$2,905,000
$3,575,000
n/a
Average Price per Square Foot
$0
$1,107
$892
$1,006
n/a
Properties Sold
0
3
2
3
n/a
Properties Pending Sale
1
0
1
2
100.0%
Properties For Sale
13
9
9
7
-46.2%
Days on Market (Pending Sale)
7
0
40
26
271.4%
Percent Under Contract
7.7%
0.0%
11.1%
28.6%
271.4%
Average Median Price for Last 12 Months
$2,522,250
$2,365,000
$1,946,667
$2,359,125
-6.9%
*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 : September 2023
Santa Monica Single Family Residences, September 2023
Current Market Snapshot
$3,269,000 Median Sales Price
Oct
-24.9% ∆ YOY
Nov Dec Jan
$1,518 Average $/SF
$4.355
Sep
Feb Mar Apr
14.0% ∆ YOY
May
133
Jun Jul Aug
Properties For Sale
7.3% ∆ YOY
Sep
$3.269 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$4,355,000
$3,750,000
$3,420,000
$3,269,000
-24.9%
Average Price per Square Foot
$1,332
$1,431
$1,623
$1,518
14.0%
Properties Sold
20
20
17
18
-10.0%
Properties Pending Sale
16
15
19
16
0.0%
Properties For Sale
124
124
139
133
7.3%
Days on Market (Pending Sale)
45
24
41
34
-25.6%
Percent Under Contract
12.9%
12.1%
13.7%
12.0%
-6.8%
Average Median Price for Last 12 Months
$3,940,375
$3,343,500
$3,447,333
$3,718,755
-6.0%
*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 : September 2023
33
Sunset Strip - Hollywood Hills West Single Family Residences, September 2023
Current Market Snapshot
$2,400,000 Median Sales Price
$946 Average $/SF
0.0% ∆ YOY
$2.400
Sep Oct Nov Dec Jan Feb Mar Apr
-14.7% ∆ YOY
May
264
Jun Jul Aug
Properties For Sale
-13.4% ∆ YOY
Sep
$2.400 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,400,000
$3,247,000
$2,825,000
$2,400,000
0.0%
Average Price per Square Foot
$1,109
$1,305
$1,218
$946
-14.7%
Properties Sold
33
35
25
29
-12.1%
Properties Pending Sale
27
26
30
15
-44.4%
Properties For Sale
305
298
316
264
-13.4%
Days on Market (Pending Sale)
48
39
45
53
10.6%
Percent Under Contract
8.9%
8.7%
9.5%
5.7%
-35.8%
Average Median Price for Last 12 Months
$2,463,542
$2,434,717
$2,256,933
$2,510,408
1.9%
*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 : September 2023
Venice Single Family Residences, September 2023
Current Market Snapshot
$2,737,500 Median Sales Price
Oct Nov
9.5% ∆ YOY
Dec Jan
$1,245 Average $/SF
$2.500
Sep
Feb Mar Apr
1.3% ∆ YOY
May
127
Jun Jul Aug
Properties For Sale
21.0% ∆ YOY
Sep
$2.737 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,500,000
$2,360,000
$2,500,000
$2,737,500
9.5%
Average Price per Square Foot
$1,229
$1,270
$1,209
$1,245
1.3%
Properties Sold
19
14
15
14
-26.3%
Properties Pending Sale
7
18
16
21
200.0%
Properties For Sale
105
103
108
127
21.0%
Days on Market (Pending Sale)
28
45
41
33
18.2%
Percent Under Contract
6.7%
17.5%
14.8%
16.5%
148.0%
Average Median Price for Last 12 Months
$2,496,434
$2,698,750
$2,654,167
$2,402,692
-3.9%
*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 : September 2023
35
West Adams Single Family Residences, September 2023
Current Market Snapshot
$999,000 Median Sales Price
$620 Average $/SF
$1.162
Sep Oct
-14.1% ∆ YOY
Nov Dec Jan Feb Mar Apr
-18.6% ∆ YOY
May
75
Jun Jul Aug
Properties For Sale
-1.3% ∆ YOY
Sep
$999 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,162,500
$1,172,500
$1,292,500
$999,000
-14.1%
Average Price per Square Foot
$762
$811
$822
$620
-18.6%
Properties Sold
10
10
6
4
-60.0%
Properties Pending Sale
5
15
5
12
140.0%
Properties For Sale
76
53
59
75
-1.3%
Days on Market (Pending Sale)
36
27
51
31
-12.5%
Percent Under Contract
6.6%
28.3%
8.5%
16.0%
143.2%
Average Median Price for Last 12 Months
$1,146,625
$1,168,917
$1,059,500
$1,134,250
-1.1%
*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 : September 2023
West Hollywood Single Family Residences, September 2023
Current Market Snapshot
$2,400,000 Median Sales Price
$1,011 Average $/SF
-6.9% ∆ YOY
$2.578
Sep Oct Nov Dec Jan Feb Mar Apr
-4.4% ∆ YOY
May
68
Jun Jul Aug
Properties For Sale
-11.7% ∆ YOY
Sep
$2.400 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,578,150
$2,400,000
$2,375,000
$2,400,000
-6.9%
Average Price per Square Foot
$1,057
$1,056
$1,135
$1,011
-4.4%
Properties Sold
12
11
10
11
-8.3%
Properties Pending Sale
10
7
6
7
-30.0%
Properties For Sale
77
65
70
68
-11.7%
Days on Market (Pending Sale)
18
73
33
37
109.1%
Percent Under Contract
13.0%
10.8%
8.6%
10.3%
-20.7%
Average Median Price for Last 12 Months
$2,753,692
$2,173,500
$2,361,167
$2,181,819
-26.2%
*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 : September 2023
37
West Los Angeles Single Family Residences, September 2023
Current Market Snapshot
$1,560,000 Median Sales Price
Oct
-8.2% ∆ YOY
Nov Dec Jan
$1,163 Average $/SF
$1.700
Sep
Feb Mar Apr
7.6% ∆ YOY
May
39
Jun Jul Aug
Properties For Sale
11.4% ∆ YOY
Sep
$1.560 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,700,000
$2,550,813
$1,195,000
$1,560,000
-8.2%
Average Price per Square Foot
$1,081
$891
$1,083
$1,163
7.6%
Properties Sold
9
2
5
7
-22.2%
Properties Pending Sale
7
4
5
6
-14.3%
Properties For Sale
35
34
25
39
11.4%
Days on Market (Pending Sale)
34
65
24
22
-35.6%
Percent Under Contract
20.0%
11.8%
20.0%
15.4%
-23.1%
Average Median Price for Last 12 Months
$1,621,578
$1,647,354
$1,727,500
$1,715,572
5.5%
*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 : September 2023
Westchester Single Family Residences, September 2023
Current Market Snapshot
$1,579,495 Median Sales Price
$927 Average $/SF
$1.542
Sep Oct Nov
2.4% ∆ YOY
Dec Jan Feb Mar Apr
6.3% ∆ YOY
May
73
Jun Jul Aug
Properties For Sale
-27.0% ∆ YOY
Sep
$1.579 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,542,000
$1,579,000
$1,628,000
$1,579,495
2.4%
Average Price per Square Foot
$872
$899
$901
$927
6.3%
Properties Sold
23
26
25
21
-8.7%
Properties Pending Sale
21
19
19
16
-23.8%
Properties For Sale
100
68
63
73
-27.0%
Days on Market (Pending Sale)
57
38
17
15
-74.4%
Percent Under Contract
21.0%
27.9%
30.2%
21.9%
4.4%
Average Median Price for Last 12 Months
$1,567,838
$1,652,791
$1,680,248
$1,568,873
0.1%
*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 : September 2023
39
Westwood - Century City Single Family Residences, September 2023
Current Market Snapshot
$2,265,000 Median Sales Price
$1,113 Average $/SF
$2.975
Sep Oct
-23.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
-4.6% ∆ YOY
May
62
Jun Jul Aug
Properties For Sale
-20.5% ∆ YOY
Sep
$2.265 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,975,000
$4,400,000
$2,432,500
$2,265,000
-23.9%
Average Price per Square Foot
$1,167
$1,194
$1,153
$1,113
-4.6%
Properties Sold
16
15
12
12
-25.0%
Properties Pending Sale
8
13
20
15
87.5%
Properties For Sale
78
63
71
62
-20.5%
Days on Market (Pending Sale)
42
29
20
29
-32.1%
Percent Under Contract
10.3%
20.6%
28.2%
24.2%
135.9%
Average Median Price for Last 12 Months
$2,688,971
$2,422,417
$2,431,667
$2,596,508
-3.6%
*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 : September 2023
South Bay Macro Market Single Family Residences, September 2023
Current Market Snapshot
$1,577,250 Median Sales Price
$994 Average $/SF
$1.525
Sep Oct Nov
3.4% ∆ YOY
Dec Jan Feb Mar Apr
9.2% ∆ YOY
May
647
Jun Jul Aug
Properties For Sale
-20.3% ∆ YOY
Sep
$1.577 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,525,000
$1,425,000
$1,670,000
$1,577,250
3.4%
Average Price per Square Foot
$910
$868
$955
$994
9.2%
Properties Sold
179
179
218
191
6.7%
Properties Pending Sale
177
159
196
158
-10.7%
Properties For Sale
812
608
682
647
-20.3%
Days on Market (Pending Sale)
34
33
28
34
-1.2%
Percent Under Contract
21.8%
26.2%
28.7%
24.4%
12.0%
Average Median Price for Last 12 Months
$1,570,222
$1,551,875
$1,506,750
$1,471,018
-6.3%
*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 : September 2023
41
El Segundo Single Family Residences, September 2023
Current Market Snapshot
$2,350,000 Median Sales Price
$760 Average $/SF
$2.130
Sep Oct
10.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
-14.4% ∆ YOY
May
17
Jun Jul Aug
Properties For Sale
-34.6% ∆ YOY
Sep
$2.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,130,000
$1,372,500
$1,704,000
$2,350,000
10.3%
Average Price per Square Foot
$888
$1,189
$946
$760
-14.4%
Properties Sold
2
2
9
3
50.0%
Properties Pending Sale
7
2
1
3
-57.1%
Properties For Sale
26
19
20
17
-34.6%
Days on Market (Pending Sale)
67
15
62
66
-1.9%
Percent Under Contract
26.9%
10.5%
5.0%
17.6%
-34.5%
Average Median Price for Last 12 Months
$1,931,083
$1,734,583
$1,943,500
$1,871,077
-3.1%
*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 : September 2023
Hermosa Beach Single Family Residences, September 2023
Current Market Snapshot
$2,025,000 Median Sales Price
Oct Nov
3.8% ∆ YOY
Dec Jan
$1,582 Average $/SF
$1.950
Sep
Feb Mar Apr
28.6% ∆ YOY
May
31
Jun Jul Aug
Properties For Sale
-36.7% ∆ YOY
Sep
$2.025 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,950,000
$2,735,000
$2,982,500
$2,025,000
3.8%
Average Price per Square Foot
$1,230
$1,289
$2,076
$1,582
28.6%
Properties Sold
11
6
10
15
36.4%
Properties Pending Sale
9
8
11
5
-44.4%
Properties For Sale
49
45
50
31
-36.7%
Days on Market (Pending Sale)
41
13
46
87
113.4%
Percent Under Contract
18.4%
17.8%
22.0%
16.1%
-12.2%
Average Median Price for Last 12 Months
$2,595,500
$3,255,000
$2,617,500
$2,545,035
-1.9%
*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 : September 2023
43
Long Beach Single Family Residences, September 2023
Current Market Snapshot
$939,000 Median Sales Price
$750 Average $/SF
$900
Sep Oct Nov
4.3% ∆ YOY
Dec Jan Feb Mar Apr
19.4% ∆ YOY
May
356
Jun Jul Aug
Properties For Sale
-28.5% ∆ YOY
Sep
$939 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$900,000
$900,500
$925,000
$939,000
4.3%
Average Price per Square Foot
$628
$620
$634
$750
19.4%
Properties Sold
166
128
155
93
-44.0%
Properties Pending Sale
112
126
115
108
-3.6%
Properties For Sale
498
391
370
356
-28.5%
Days on Market (Pending Sale)
29
35
19
28
-3.9%
Percent Under Contract
22.5%
32.2%
31.1%
30.3%
34.9%
Average Median Price for Last 12 Months
$905,583
$906,500
$929,667
$879,769
-2.9%
*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 : September 2023
Manhattan Beach Single Family Residences, September 2023
Current Market Snapshot
$3,117,500 Median Sales Price
Oct
-10.2% ∆ YOY
Nov Dec Jan
$1,467 Average $/SF
$3.470
Sep
Feb Mar Apr
0.8% ∆ YOY
May
96
Jun Jul Aug
Properties For Sale
-11.1% ∆ YOY
Sep
$3.117 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,470,000
$2,800,000
$3,350,000
$3,117,500
-10.2%
Average Price per Square Foot
$1,456
$1,260
$1,328
$1,467
0.8%
Properties Sold
17
19
21
22
29.4%
Properties Pending Sale
17
22
25
15
-11.8%
Properties For Sale
108
100
102
96
-11.1%
Days on Market (Pending Sale)
43
48
63
40
-6.6%
Percent Under Contract
15.7%
22.0%
24.5%
15.6%
-0.7%
Average Median Price for Last 12 Months
$3,358,625
$3,292,500
$2,993,333
$3,251,154
-3.2%
*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 : September 2023
45
Manhattan Beach Mira Costa Single Family Residences, September 2023
Current Market Snapshot
$1,902,500 Median Sales Price
Sep Oct Nov
n/a ∆ YOY
Dec Jan
$1,294 Average $/SF
Feb Mar Apr
n/a ∆ YOY
May
11
Jun Jul Aug
Properties For Sale
-45.0% ∆ YOY
Sep
$1.902 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$0
$2,225,000
$1,866,250
$1,902,500
n/a
Average Price per Square Foot
$0
$1,153
$1,095
$1,294
n/a
Properties Sold
0
4
4
6
n/a
Properties Pending Sale
7
5
4
4
-42.9%
Properties For Sale
20
17
14
11
-45.0%
Days on Market (Pending Sale)
33
9
85
28
-15.9%
Percent Under Contract
35.0%
29.4%
28.6%
36.4%
3.9%
Average Median Price for Last 12 Months
$2,617,704
$2,196,611
$1,944,167
$2,023,743
-22.7%
*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 : September 2023
Manhattan Beach Sand Single Family Residences, September 2023
Current Market Snapshot
$5,850,000 Median Sales Price
Oct
-11.0% ∆ YOY
Nov Dec Jan
$1,762 Average $/SF
$6.575
Sep
Feb Mar Apr
-23.9% ∆ YOY
May
28
Jun Jul Aug
Properties For Sale
-20.0% ∆ YOY
Sep
$5.850 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$6,575,000
$2,975,000
$6,387,000
$5,850,000
-11.0%
Average Price per Square Foot
$2,316
$1,658
$1,943
$1,762
-23.9%
Properties Sold
4
4
4
6
50.0%
Properties Pending Sale
2
7
5
2
0.0%
Properties For Sale
35
34
30
28
-20.0%
Days on Market (Pending Sale)
57
45
83
66
16.8%
Percent Under Contract
5.7%
20.6%
16.7%
7.1%
25.0%
Average Median Price for Last 12 Months
$4,217,386
$5,404,083
$5,412,500
$4,101,885
-2.7%
*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 : September 2023
47
Manhattan Beach Tree Single Family Residences, September 2023
Current Market Snapshot
$3,007,500 Median Sales Price
Oct
-13.9% ∆ YOY
Nov Dec Jan
$1,293 Average $/SF
$3.495
Sep
Feb Mar Apr
3.2% ∆ YOY
May
35
Jun Jul Aug
Properties For Sale
52.2% ∆ YOY
Sep
$3.007 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,495,000
$3,000,000
$3,075,000
$3,007,500
-13.9%
Average Price per Square Foot
$1,253
$1,181
$1,250
$1,293
3.2%
Properties Sold
9
7
6
8
-11.1%
Properties Pending Sale
4
5
7
7
75.0%
Properties For Sale
23
22
28
35
52.2%
Days on Market (Pending Sale)
41
19
87
50
23.1%
Percent Under Contract
17.4%
22.7%
25.0%
20.0%
15.0%
Average Median Price for Last 12 Months
$3,346,758
$3,372,333
$2,894,667
$3,314,538
-1.0%
*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 : September 2023
Palos Verdes Estates Single Family Residences, September 2023
Current Market Snapshot
$2,200,000 Median Sales Price
$969 Average $/SF
-4.3% ∆ YOY
$2.299
Sep Oct Nov Dec Jan Feb Mar Apr
-4.5% ∆ YOY
May
69
Jun Jul Aug
Properties For Sale
15.0% ∆ YOY
Sep
$2.200 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,299,500
$2,603,000
$2,550,000
$2,200,000
-4.3%
Average Price per Square Foot
$1,015
$957
$928
$969
-4.5%
Properties Sold
14
14
23
13
-7.1%
Properties Pending Sale
11
8
19
12
9.1%
Properties For Sale
60
45
68
69
15.0%
Days on Market (Pending Sale)
50
11
18
39
-21.8%
Percent Under Contract
18.3%
17.8%
27.9%
17.4%
-5.1%
Average Median Price for Last 12 Months
$2,976,292
$2,771,167
$2,429,667
$2,839,000
-4.6%
*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 : September 2023
49
Rancho Palos Verdes Single Family Residences, September 2023
Current Market Snapshot
$1,895,000 Median Sales Price
$872 Average $/SF
$1.813
Sep Oct Nov
4.5% ∆ YOY
Dec Jan Feb Mar Apr
5.1% ∆ YOY
May
107
Jun Jul Aug
Properties For Sale
-13.0% ∆ YOY
Sep
$1.895 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,813,500
$1,610,000
$1,860,000
$1,895,000
4.5%
Average Price per Square Foot
$830
$743
$862
$872
5.1%
Properties Sold
26
28
31
17
-34.6%
Properties Pending Sale
23
28
26
23
0.0%
Properties For Sale
123
84
98
107
-13.0%
Days on Market (Pending Sale)
29
37
13
26
-10.0%
Percent Under Contract
18.7%
33.3%
26.5%
21.5%
15.0%
Average Median Price for Last 12 Months
$1,866,671
$1,815,097
$1,723,333
$1,775,737
-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 : September 2023
Redondo Beach- North Single Family Residences, September 2023
Current Market Snapshot
$1,420,000 Median Sales Price
$884 Average $/SF
$1.482
Sep Oct
-4.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
1.1% ∆ YOY
May
33
Jun Jul Aug
Properties For Sale
-31.2% ∆ YOY
Sep
$1.420 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,482,500
$1,300,000
$1,555,000
$1,420,000
-4.2%
Average Price per Square Foot
$874
$824
$939
$884
1.1%
Properties Sold
12
15
14
12
0.0%
Properties Pending Sale
11
8
13
8
-27.3%
Properties For Sale
48
41
41
33
-31.2%
Days on Market (Pending Sale)
51
39
22
23
-55.9%
Percent Under Contract
22.9%
19.5%
31.7%
24.2%
5.8%
Average Median Price for Last 12 Months
$1,492,146
$1,461,542
$1,417,500
$1,430,827
-4.1%
*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 : September 2023
51
Redondo Beach- South Single Family Residences, September 2023
Current Market Snapshot
$1,850,000 Median Sales Price
$1,174 Average $/SF
$2.497
Sep Oct
-25.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
32.5% ∆ YOY
May
35
Jun Jul Aug
Properties For Sale
12.9% ∆ YOY
Sep
$1.850 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,497,500
$1,830,000
$1,810,000
$1,850,000
-25.9%
Average Price per Square Foot
$886
$985
$1,209
$1,174
32.5%
Properties Sold
8
7
13
9
12.5%
Properties Pending Sale
10
6
14
11
10.0%
Properties For Sale
31
21
25
35
12.9%
Days on Market (Pending Sale)
37
23
17
23
-37.3%
Percent Under Contract
32.3%
28.6%
56.0%
31.4%
-2.6%
Average Median Price for Last 12 Months
$2,174,932
$1,882,313
$2,018,333
$2,071,260
-4.8%
*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 : September 2023
Rolling Hills Single Family Residences, September 2023
Current Market Snapshot
$4,550,000 Median Sales Price
Sep Oct Nov
n/a ∆ YOY
Dec Jan
$1,048 Average $/SF
Feb Mar Apr
n/a ∆ YOY
May
12
Jun Jul Aug
Properties For Sale
-14.3% ∆ YOY
Sep
$4.550 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$0
$12,480,000
$6,395,000
$4,550,000
n/a
Average Price per Square Foot
$0
$1,630
$1,194
$1,048
n/a
Properties Sold
0
1
3
4
n/a
Properties Pending Sale
1
2
2
2
100.0%
Properties For Sale
14
17
16
12
-14.3%
Days on Market (Pending Sale)
44
59
36
28
-37.5%
Percent Under Contract
7.1%
11.8%
12.5%
16.7%
133.3%
Average Median Price for Last 12 Months
$3,271,846
$4,958,750
$5,063,333
$3,694,808
12.9%
*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 : September 2023
53
Rolling Hills Estates Single Family Residences, September 2023
Current Market Snapshot
$3,075,000 Median Sales Price
$960 Average $/SF
$2.047
Sep Oct
50.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
10.2% ∆ YOY
May
17
Jun Jul Aug
Properties For Sale
-32.0% ∆ YOY
Sep
$3.075 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,047,500
$1,787,500
$2,400,000
$3,075,000
50.2%
Average Price per Square Foot
$871
$790
$846
$960
10.2%
Properties Sold
8
4
5
8
0.0%
Properties Pending Sale
2
6
2
8
300.0%
Properties For Sale
25
19
18
17
-32.0%
Days on Market (Pending Sale)
23
27
6
47
106.0%
Percent Under Contract
8.0%
31.6%
11.1%
47.1%
488.2%
Average Median Price for Last 12 Months
$2,814,693
$2,396,250
$2,430,167
$2,273,962
-19.2%
*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 : September 2023
San Pedro Single Family Residences, September 2023
Current Market Snapshot
$904,000 Median Sales Price
$696 Average $/SF
$1.020
Sep Oct
-11.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
11.2% ∆ YOY
May
89
Jun Jul Aug
Properties For Sale
-18.3% ∆ YOY
Sep
$904 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,020,000
$817,500
$1,000,000
$904,000
-11.4%
Average Price per Square Foot
$626
$573
$630
$696
11.2%
Properties Sold
19
28
25
24
26.3%
Properties Pending Sale
18
15
27
21
16.7%
Properties For Sale
109
75
86
89
-18.3%
Days on Market (Pending Sale)
30
29
30
50
69.3%
Percent Under Contract
16.5%
20.0%
31.4%
23.6%
42.9%
Average Median Price for Last 12 Months
$950,054
$919,961
$923,259
$924,186
-2.7%
*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 : September 2023
55
Torrance- County Strip Single Family Residences, September 2023
Current Market Snapshot
$840,000 Median Sales Price
$622 Average $/SF
$761
Sep Oct
10.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
1.1% ∆ YOY
May
7
Jun Jul Aug
Properties For Sale
-46.2% ∆ YOY
Sep
$840 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$761,000
$800,000
$818,000
$840,000
10.4%
Average Price per Square Foot
$615
$484
$570
$622
1.1%
Properties Sold
4
4
3
5
25.0%
Properties Pending Sale
2
6
3
1
-50.0%
Properties For Sale
13
16
10
7
-46.2%
Days on Market (Pending Sale)
6
19
29
7
27.3%
Percent Under Contract
15.4%
37.5%
30.0%
14.3%
-7.1%
Average Median Price for Last 12 Months
$829,283
$802,500
$785,833
$786,154
-5.2%
*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 : September 2023
Torrance- North Single Family Residences, September 2023
Current Market Snapshot
$900,000 Median Sales Price
$682 Average $/SF
$985
Sep Oct
-8.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
0.4% ∆ YOY
May
35
Jun Jul Aug
Properties For Sale
-14.6% ∆ YOY
Sep
$900 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$985,000
$879,000
$1,161,250
$900,000
-8.6%
Average Price per Square Foot
$679
$670
$659
$682
0.4%
Properties Sold
17
13
18
18
5.9%
Properties Pending Sale
17
15
18
17
0.0%
Properties For Sale
41
45
37
35
-14.6%
Days on Market (Pending Sale)
21
39
22
26
26.9%
Percent Under Contract
41.5%
33.3%
48.6%
48.6%
17.1%
Average Median Price for Last 12 Months
$958,507
$992,792
$936,667
$963,173
0.5%
*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 : September 2023
57
Torrance- South Single Family Residences, September 2023
Current Market Snapshot
$1,360,000 Median Sales Price
$780 Average $/SF
$1.312
Sep Oct Nov
3.6% ∆ YOY
Dec Jan Feb Mar Apr
-2.1% ∆ YOY
May
39
Jun Jul Aug
Properties For Sale
-48.0% ∆ YOY
Sep
$1.360 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,312,500
$1,400,750
$1,287,500
$1,360,000
3.6%
Average Price per Square Foot
$797
$835
$782
$780
-2.1%
Properties Sold
16
10
16
17
6.2%
Properties Pending Sale
23
14
12
15
-34.8%
Properties For Sale
75
36
39
39
-48.0%
Days on Market (Pending Sale)
31
51
15
26
-16.1%
Percent Under Contract
30.7%
38.9%
30.8%
38.5%
25.4%
Average Median Price for Last 12 Months
$1,371,621
$1,356,083
$1,428,333
$1,320,763
-3.7%
*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 : September 2023
Torrance- Southeast Single Family Residences, September 2023
Current Market Snapshot
$1,154,409 Median Sales Price
$568 Average $/SF
$862
Sep Oct
33.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
-4.7% ∆ YOY
May
37
Jun Jul Aug
Properties For Sale
-21.3% ∆ YOY
Sep
$1.154 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$862,500
$1,125,000
$1,190,000
$1,154,409
33.8%
Average Price per Square Foot
$596
$632
$595
$568
-4.7%
Properties Sold
12
8
17
10
-16.7%
Properties Pending Sale
10
6
9
10
0.0%
Properties For Sale
47
26
36
37
-21.3%
Days on Market (Pending Sale)
16
6
53
17
1.9%
Percent Under Contract
21.3%
23.1%
25.0%
27.0%
27.0%
Average Median Price for Last 12 Months
$949,000
$1,090,068
$1,023,136
$1,046,688
10.3%
*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 : September 2023
59
Torrance- West Single Family Residences, September 2023
Current Market Snapshot
$1,385,500 Median Sales Price
$791
Average $/SF
$1.275
Sep Oct Nov
8.7% ∆ YOY
Dec Jan Feb Mar Apr
13.8% ∆ YOY
May
24
Jun Jul Aug
Properties For Sale
-47.8% ∆ YOY
Sep
$1.385 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,275,000
$1,257,750
$1,225,000
$1,385,500
8.7%
Average Price per Square Foot
$695
$810
$749
$791
13.8%
Properties Sold
13
20
11
14
7.7%
Properties Pending Sale
16
13
15
7
-56.2%
Properties For Sale
46
21
38
24
-47.8%
Days on Market (Pending Sale)
27
20
10
10
-63.9%
Percent Under Contract
34.8%
61.9%
39.5%
29.2%
-16.1%
Average Median Price for Last 12 Months
$1,324,783
$1,255,417
$1,323,500
$1,238,673
-6.5%
*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 : September 2023
San Fernando Valley Macro Market Single Family Residences, September 2023
Current Market Snapshot
$1,420,000 Median Sales Price
$727
Average $/SF
$1.337
Sep Oct Nov
6.2% ∆ YOY
Dec Jan Feb Mar Apr
3.3% ∆ YOY
May
1,527
Jun Jul Aug
Properties For Sale
-20.5% ∆ YOY
Sep
$1.420 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,337,200
$1,429,000
$1,490,000
$1,420,000
6.2%
Average Price per Square Foot
$704
$736
$731
$727
3.3%
Properties Sold
377
322
419
288
-23.6%
Properties Pending Sale
331
365
344
305
-7.9%
Properties For Sale
1,920
1,532
1,592
1,527
-20.5%
Days on Market (Pending Sale)
31
31
27
32
4.0%
Percent Under Contract
17.2%
23.8%
21.6%
20.0%
15.9%
Average Median Price for Last 12 Months
$1,425,151
$1,451,825
$1,456,667
$1,399,031
-1.8%
*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 : September 2023
61
Agoura Hills Single Family Residences, September 2023
Current Market Snapshot
$1,425,000 Median Sales Price
$581
Average $/SF
$1.087
Sep Oct
31.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
3.8% ∆ YOY
May
54
Jun Jul Aug
Properties For Sale
-44.3% ∆ YOY
Sep
$1.425 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,087,500
$1,220,000
$1,470,000
$1,425,000
31.0%
Average Price per Square Foot
$560
$542
$619
$581
3.8%
Properties Sold
10
13
14
13
30.0%
Properties Pending Sale
18
10
11
11
-38.9%
Properties For Sale
97
52
67
54
-44.3%
Days on Market (Pending Sale)
35
44
34
76
116.1%
Percent Under Contract
18.6%
19.2%
16.4%
20.4%
9.8%
Average Median Price for Last 12 Months
$1,383,458
$1,617,917
$1,558,333
$1,364,519
-1.4%
*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 : September 2023
Burbank Single Family Residences, September 2023
Current Market Snapshot
$1,320,000 Median Sales Price
$758
Average $/SF
$1.163
Sep Oct
13.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
2.2% ∆ YOY
May
115
Jun Jul Aug
Properties For Sale
-33.1% ∆ YOY
Sep
$1.320 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,163,000
$1,260,000
$1,291,000
$1,320,000
13.5%
Average Price per Square Foot
$742
$755
$761
$758
2.2%
Properties Sold
47
37
50
30
-36.2%
Properties Pending Sale
43
46
38
35
-18.6%
Properties For Sale
172
115
108
115
-33.1%
Days on Market (Pending Sale)
24
33
20
18
-25.8%
Percent Under Contract
25.0%
40.0%
35.2%
30.4%
21.7%
Average Median Price for Last 12 Months
$1,230,146
$1,297,250
$1,335,667
$1,226,900
-0.3%
*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 : September 2023
63
Calabasas Single Family Residences, September 2023
Current Market Snapshot
$1,545,000 Median Sales Price
$668 Average $/SF
$1.635
Sep Oct
-5.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
-0.3% ∆ YOY
May
84
Jun Jul Aug
Properties For Sale
-22.9% ∆ YOY
Sep
$1.545 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,635,000
$1,760,000
$2,065,000
$1,545,000
-5.5%
Average Price per Square Foot
$670
$776
$735
$668
-0.3%
Properties Sold
14
11
24
8
-42.9%
Properties Pending Sale
17
17
21
14
-17.6%
Properties For Sale
109
84
94
84
-22.9%
Days on Market (Pending Sale)
33
44
26
49
47.2%
Percent Under Contract
15.6%
20.2%
22.3%
16.7%
6.9%
Average Median Price for Last 12 Months
$1,837,313
$1,976,250
$1,999,167
$1,942,538
5.7%
*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 : September 2023
Encino Single Family Residences, September 2023
Current Market Snapshot
$1,582,500 Median Sales Price
$823 Average $/SF
$2.345
Sep Oct
-32.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
3.7% ∆ YOY
May
180
Jun Jul Aug
Properties For Sale
-9.1% ∆ YOY
Sep
$1.582 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,345,000
$3,400,000
$2,750,000
$1,582,500
-32.5%
Average Price per Square Foot
$794
$820
$751
$823
3.7%
Properties Sold
25
31
33
22
-12.0%
Properties Pending Sale
15
38
28
20
33.3%
Properties For Sale
198
197
188
180
-9.1%
Days on Market (Pending Sale)
35
34
37
26
-24.7%
Percent Under Contract
7.6%
19.3%
14.9%
11.1%
46.7%
Average Median Price for Last 12 Months
$2,184,380
$2,075,208
$1,967,500
$2,224,579
1.8%
*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 : September 2023
65
Glendale Single Family Residences, September 2023
Current Market Snapshot
$1,437,500 Median Sales Price
$799 Average $/SF
$1.338
Sep Oct Nov
7.4% ∆ YOY
Dec Jan Feb Mar Apr
7.8% ∆ YOY
May
130
Jun Jul Aug
Properties For Sale
-30.9% ∆ YOY
Sep
$1.437 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,338,100
$1,327,500
$1,441,250
$1,437,500
7.4%
Average Price per Square Foot
$741
$745
$792
$799
7.8%
Properties Sold
44
40
40
32
-27.3%
Properties Pending Sale
37
35
37
26
-29.7%
Properties For Sale
188
138
153
130
-30.9%
Days on Market (Pending Sale)
32
39
19
30
-6.8%
Percent Under Contract
19.7%
25.4%
24.2%
20.0%
1.6%
Average Median Price for Last 12 Months
$1,369,420
$1,499,375
$1,480,000
$1,424,373
4.0%
*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 : September 2023
Hidden Hills Single Family Residences, September 2023
Current Market Snapshot
NO SALES Median Sales Price
Oct
-100.0% ∆ YOY
Nov Dec Jan
NO SALES Average $/SF
$6.396
Sep
Feb Mar Apr
-100.0% ∆ YOY
May
38
Jun Jul Aug
Properties For Sale
26.7% ∆ YOY
Sep
Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$6,396,000
$0
$0
$0
-100.0%
Average Price per Square Foot
$1,191
$0
$0
$0
-100.0%
Properties Sold
1
0
0
0
-100.0%
Properties Pending Sale
0
0
1
0
n/a
Properties For Sale
30
29
38
38
26.7%
Days on Market (Pending Sale)
0
0
87
0
n/a
Percent Under Contract
0.0%
0.0%
2.6%
0.0%
n/a
Average Median Price for Last 12 Months
$1,433,000
$4,866,500
$5,000,000
$6,327,413
341.6%
*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 : September 2023
67
La Crescenta Single Family Residences, September 2023
Current Market Snapshot
$1,320,000 Median Sales Price
$778
Average $/SF
$1.225
Sep Oct Nov
7.8% ∆ YOY
Dec Jan Feb Mar Apr
7.3% ∆ YOY
May
36
Jun Jul Aug
Properties For Sale
-46.3% ∆ YOY
Sep
$1.320 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,225,000
$1,287,500
$1,245,000
$1,320,000
7.8%
Average Price per Square Foot
$725
$702
$748
$778
7.3%
Properties Sold
11
6
23
15
36.4%
Properties Pending Sale
13
8
12
9
-30.8%
Properties For Sale
67
44
48
36
-46.3%
Days on Market (Pending Sale)
29
58
20
31
4.6%
Percent Under Contract
19.4%
18.2%
25.0%
25.0%
28.8%
Average Median Price for Last 12 Months
$1,300,542
$1,298,333
$1,395,000
$1,264,269
-2.8%
*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 : September 2023
North Hollywood Single Family Residences, September 2023
Current Market Snapshot
$931,000 Median Sales Price
$672
Average $/SF
$939
Sep Oct
-0.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
12.9% ∆ YOY
May
107
Jun Jul Aug
Properties For Sale
-25.2% ∆ YOY
Sep
$931 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$939,500
$940,000
$900,000
$931,000
-0.9%
Average Price per Square Foot
$595
$588
$686
$672
12.9%
Properties Sold
40
13
25
22
-45.0%
Properties Pending Sale
29
30
20
22
-24.1%
Properties For Sale
143
115
112
107
-25.2%
Days on Market (Pending Sale)
24
22
19
29
20.9%
Percent Under Contract
20.3%
26.1%
17.9%
20.6%
1.4%
Average Median Price for Last 12 Months
$919,292
$904,750
$900,167
$882,008
-4.1%
*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 : September 2023
69
Shadow Hills Single Family Residences, September 2023
Current Market Snapshot
$950,000 Median Sales Price
$720 Average $/SF
$1.180
Sep Oct
-19.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
14.3% ∆ YOY
May
15
Jun Jul Aug
Properties For Sale
-34.8% ∆ YOY
Sep
$950 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,180,000
$1,267,713
$1,300,000
$950,000
-19.5%
Average Price per Square Foot
$630
$621
$574
$720
14.3%
Properties Sold
7
2
2
2
-71.4%
Properties Pending Sale
5
1
3
6
20.0%
Properties For Sale
23
17
13
15
-34.8%
Days on Market (Pending Sale)
31
6
11
47
49.6%
Percent Under Contract
21.7%
5.9%
23.1%
40.0%
84.0%
Average Median Price for Last 12 Months
$1,330,958
$1,149,500
$1,115,667
$1,270,286
-4.6%
*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 : September 2023
Sherman Oaks Single Family Residences, September 2023
Current Market Snapshot
$1,832,500 Median Sales Price
$741
Average $/SF
$1.574
Sep Oct
16.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
-2.1% ∆ YOY
May
176
Jun Jul Aug
Properties For Sale
-4.3% ∆ YOY
Sep
$1.832 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,574,000
$1,825,500
$1,850,000
$1,832,500
16.4%
Average Price per Square Foot
$757
$820
$843
$741
-2.1%
Properties Sold
44
42
42
36
-18.2%
Properties Pending Sale
31
45
31
33
6.5%
Properties For Sale
184
174
154
176
-4.3%
Days on Market (Pending Sale)
31
30
33
21
-33.9%
Percent Under Contract
16.8%
25.9%
20.1%
18.8%
11.3%
Average Median Price for Last 12 Months
$1,767,860
$1,668,750
$1,697,500
$1,687,962
-4.5%
*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.
Micro Market Report : September 2023
71
Studio City Single Family Residences, September 2023
Current Market Snapshot
$2,225,000 Median Sales Price
$909 Average $/SF
$2.025
Sep Oct Nov
9.9% ∆ YOY
Dec Jan Feb Mar Apr
8.2% ∆ YOY
May
129
Jun Jul Aug
Properties For Sale
-11.6% ∆ YOY
Sep
$2.225 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,025,000
$2,600,000
$2,100,000
$2,225,000
9.9%
Average Price per Square Foot
$840
$880
$816
$909
8.2%
Properties Sold
32
20
30
19
-40.6%
Properties Pending Sale
25
25
24
15
-40.0%
Properties For Sale
146
120
126
129
-11.6%
Days on Market (Pending Sale)
39
28
25
19
-51.4%
Percent Under Contract
17.1%
20.8%
19.0%
11.6%
-32.1%
Average Median Price for Last 12 Months
$2,196,379
$2,100,417
$2,122,500
$2,136,846
-2.7%
*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 : September 2023
Sun Valley Single Family Residences, September 2023
Current Market Snapshot
$790,000 Median Sales Price
$560 Average $/SF
$917
Sep Oct
-13.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
2.0% ∆ YOY
May
36
Jun Jul Aug
Properties For Sale
-44.6% ∆ YOY
Sep
$790 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$917,500
$737,000
$1,012,500
$790,000
-13.9%
Average Price per Square Foot
$549
$480
$600
$560
2.0%
Properties Sold
12
13
8
14
16.7%
Properties Pending Sale
10
14
9
5
-50.0%
Properties For Sale
65
49
42
36
-44.6%
Days on Market (Pending Sale)
36
26
12
26
-26.1%
Percent Under Contract
15.4%
28.6%
21.4%
13.9%
-9.7%
Average Median Price for Last 12 Months
$817,991
$812,829
$793,158
$783,041
-4.3%
*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 : September 2023
73
Sunland/Tujunga Single Family Residences, September 2023
Current Market Snapshot
$840,000 Median Sales Price
$542 Average $/SF
$760
Sep Oct
10.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
-5.6% ∆ YOY
May
88
Jun Jul Aug
Properties For Sale
-35.3% ∆ YOY
Sep
$840 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$760,000
$788,000
$893,000
$840,000
10.5%
Average Price per Square Foot
$574
$603
$601
$542
-5.6%
Properties Sold
27
26
26
20
-25.9%
Properties Pending Sale
25
30
21
23
-8.0%
Properties For Sale
136
97
79
88
-35.3%
Days on Market (Pending Sale)
46
34
47
32
-31.2%
Percent Under Contract
18.4%
30.9%
26.6%
26.1%
42.2%
Average Median Price for Last 12 Months
$875,500
$864,583
$865,000
$815,385
-6.9%
*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 : September 2023
Tarzana Single Family Residences, September 2023
Current Market Snapshot
$1,725,000 Median Sales Price
$691
Average $/SF
$1.514
Sep Oct
13.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
12.0% ∆ YOY
May
82
Jun Jul Aug
Properties For Sale
-19.6% ∆ YOY
Sep
$1.725 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,514,000
$1,465,000
$1,717,500
$1,725,000
13.9%
Average Price per Square Foot
$617
$586
$663
$691
12.0%
Properties Sold
16
14
17
13
-18.8%
Properties Pending Sale
14
16
18
14
0.0%
Properties For Sale
102
91
107
82
-19.6%
Days on Market (Pending Sale)
28
22
32
40
45.2%
Percent Under Contract
13.7%
17.6%
16.8%
17.1%
24.4%
Average Median Price for Last 12 Months
$1,576,175
$1,697,750
$1,703,000
$1,670,731
6.0%
*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 : September 2023
75
Toluca Lake Single Family Residences, September 2023
Current Market Snapshot
$2,500,000 Median Sales Price
$874 Average $/SF
$2.575
Sep Oct
-2.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
12.5% ∆ YOY
May
13
Jun Jul Aug
Properties For Sale
-40.9% ∆ YOY
Sep
$2.500 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,575,000
$2,067,500
$1,832,500
$2,500,000
-2.9%
Average Price per Square Foot
$777
$844
$804
$874
12.5%
Properties Sold
1
5
4
3
200.0%
Properties Pending Sale
2
2
3
1
-50.0%
Properties For Sale
22
11
18
13
-40.9%
Days on Market (Pending Sale)
19
11
27
52
181.1%
Percent Under Contract
9.1%
18.2%
16.7%
7.7%
-15.4%
Average Median Price for Last 12 Months
$2,214,208
$1,399,583
$1,167,500
$1,930,846
-12.8%
*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 : September 2023
Valley Village Single Family Residences, September 2023
Current Market Snapshot
$1,699,000 Median Sales Price
$973 Average $/SF
$1.365
Sep Oct
24.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
35.5% ∆ YOY
May
49
Jun Jul Aug
Properties For Sale
-2.0% ∆ YOY
Sep
$1.699 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,365,000
$1,466,000
$1,750,000
$1,699,000
24.5%
Average Price per Square Foot
$718
$715
$870
$973
35.5%
Properties Sold
11
8
7
6
-45.5%
Properties Pending Sale
10
7
11
11
10.0%
Properties For Sale
50
27
40
49
-2.0%
Days on Market (Pending Sale)
19
17
16
23
22.0%
Percent Under Contract
20.0%
25.9%
27.5%
22.4%
12.2%
Average Median Price for Last 12 Months
$1,470,721
$1,580,250
$1,545,500
$1,501,231
2.1%
*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 : September 2023
77
Westlake Village Single Family Residences, September 2023
Current Market Snapshot
$2,137,500 Median Sales Price
$685 Average $/SF
$1.600
Sep Oct
33.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
-3.0% ∆ YOY
May
114
Jun Jul Aug
Properties For Sale
8.6% ∆ YOY
Sep
$2.137 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,600,000
$1,492,500
$1,655,000
$2,137,500
33.6%
Average Price per Square Foot
$706
$686
$705
$685
-3.0%
Properties Sold
25
24
37
18
-28.0%
Properties Pending Sale
20
19
31
28
40.0%
Properties For Sale
105
109
121
114
8.6%
Days on Market (Pending Sale)
56
37
44
41
-26.9%
Percent Under Contract
19.0%
17.4%
25.6%
24.6%
28.9%
Average Median Price for Last 12 Months
$1,776,357
$2,001,542
$2,105,000
$1,750,096
-1.5%
*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 : September 2023
Woodland Hills Single Family Residences, September 2023
Current Market Snapshot
$1,350,000 Median Sales Price
$597
Average $/SF
$1.285
Sep Oct Nov
5.1% ∆ YOY
Dec Jan Feb Mar Apr
4.7% ∆ YOY
May
200
Jun Jul Aug
Properties For Sale
-20.9% ∆ YOY
Sep
$1.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,285,000
$1,302,500
$1,300,000
$1,350,000
5.1%
Average Price per Square Foot
$570
$618
$610
$597
4.7%
Properties Sold
38
46
56
39
2.6%
Properties Pending Sale
41
50
42
50
22.0%
Properties For Sale
253
187
201
200
-20.9%
Days on Market (Pending Sale)
27
23
19
39
45.9%
Percent Under Contract
16.2%
26.7%
20.9%
25.0%
54.3%
Average Median Price for Last 12 Months
$1,310,083
$1,317,083
$1,346,667
$1,262,000
-3.7%
*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 : September 2023
79
San Gabriel Valley Macro Market Single Family Residences, September 2023
Current Market Snapshot
$1,304,000 Median Sales Price
$779
Average $/SF
$1.275
Sep Oct Nov
2.3% ∆ YOY
Dec Jan Feb Mar Apr
6.1% ∆ YOY
May
781
Jun Jul Aug
Properties For Sale
-29.5% ∆ YOY
Sep
$1.304 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,275,000
$1,200,000
$1,364,000
$1,304,000
2.3%
Average Price per Square Foot
$734
$750
$776
$779
6.1%
Properties Sold
207
183
195
184
-11.1%
Properties Pending Sale
214
174
197
192
-10.3%
Properties For Sale
1,108
809
870
781
-29.5%
Days on Market (Pending Sale)
30
36
27
33
9.5%
Percent Under Contract
19.3%
21.5%
22.6%
24.6%
27.3%
Average Median Price for Last 12 Months
$1,304,337
$1,332,167
$1,333,833
$1,288,915
-1.2%
*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 : September 2023
Alhambra Single Family Residences, September 2023
Current Market Snapshot
$1,009,000 Median Sales Price
$677
Average $/SF
$900
Sep Oct Nov
12.1% ∆ YOY
Dec Jan Feb Mar Apr
9.9% ∆ YOY
May
38
Jun Jul Aug
Properties For Sale
-43.3% ∆ YOY
Sep
$1.009 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$900,000
$952,000
$1,007,000
$1,009,000
12.1%
Average Price per Square Foot
$616
$599
$640
$677
9.9%
Properties Sold
15
15
13
14
-6.7%
Properties Pending Sale
7
10
13
4
-42.9%
Properties For Sale
67
48
56
38
-43.3%
Days on Market (Pending Sale)
18
25
23
8
-54.5%
Percent Under Contract
10.4%
20.8%
23.2%
10.5%
0.8%
Average Median Price for Last 12 Months
$978,640
$989,833
$998,000
$966,580
-1.2%
*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 : September 2023
81
Altadena Single Family Residences, September 2023
Current Market Snapshot
$1,463,000 Median Sales Price
$780 Average $/SF
$1.210
Sep Oct
20.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
7.1% ∆ YOY
May
88
Jun Jul Aug
Properties For Sale
-17.0% ∆ YOY
Sep
$1.463 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,210,000
$1,310,000
$1,288,500
$1,463,000
20.9%
Average Price per Square Foot
$728
$811
$781
$780
7.1%
Properties Sold
25
23
22
17
-32.0%
Properties Pending Sale
23
16
21
36
56.5%
Properties For Sale
106
64
93
88
-17.0%
Days on Market (Pending Sale)
32
30
22
33
4.2%
Percent Under Contract
21.7%
25.0%
22.6%
40.9%
88.5%
Average Median Price for Last 12 Months
$1,269,120
$1,314,833
$1,346,000
$1,296,077
2.1%
*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 : September 2023
Arcadia Single Family Residences, September 2023
Current Market Snapshot
$1,755,000 Median Sales Price
$684 Average $/SF
$1.920
Sep Oct
-8.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
5.7% ∆ YOY
May
140
Jun Jul Aug
Properties For Sale
-29.3% ∆ YOY
Sep
$1.755 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,920,000
$1,324,000
$1,619,000
$1,755,000
-8.6%
Average Price per Square Foot
$647
$691
$643
$684
5.7%
Properties Sold
23
22
30
29
26.1%
Properties Pending Sale
39
21
31
25
-35.9%
Properties For Sale
198
146
147
140
-29.3%
Days on Market (Pending Sale)
43
42
25
57
33.2%
Percent Under Contract
19.7%
14.4%
21.1%
17.9%
-9.3%
Average Median Price for Last 12 Months
$1,688,992
$1,679,973
$1,718,613
$1,625,384
-3.8%
*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 : September 2023
83
Duarte Single Family Residences, September 2023
Current Market Snapshot
$730,000 Median Sales Price
$665 Average $/SF
$775
Sep Oct
-5.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
23.6% ∆ YOY
May
29
Jun Jul Aug
Properties For Sale
-25.6% ∆ YOY
Sep
$730 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$775,000
$845,000
$865,000
$730,000
-5.8%
Average Price per Square Foot
$538
$500
$548
$665
23.6%
Properties Sold
11
5
2
8
-27.3%
Properties Pending Sale
8
9
4
12
50.0%
Properties For Sale
39
24
25
29
-25.6%
Days on Market (Pending Sale)
20
27
34
21
4.5%
Percent Under Contract
20.5%
37.5%
16.0%
41.4%
101.7%
Average Median Price for Last 12 Months
$734,625
$767,167
$747,667
$690,846
-6.0%
*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 : September 2023
Eagle Rock Single Family Residences, September 2023
Current Market Snapshot
$1,250,000 Median Sales Price
$925 Average $/SF
$1.400
Sep Oct
-10.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
4.3% ∆ YOY
May
40
Jun Jul Aug
Properties For Sale
-14.9% ∆ YOY
Sep
$1.250 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,400,750
$1,601,000
$1,207,535
$1,250,000
-10.8%
Average Price per Square Foot
$887
$808
$878
$925
4.3%
Properties Sold
10
6
8
13
30.0%
Properties Pending Sale
14
12
11
10
-28.6%
Properties For Sale
47
33
45
40
-14.9%
Days on Market (Pending Sale)
21
27
34
17
-18.3%
Percent Under Contract
29.8%
36.4%
24.4%
25.0%
-16.1%
Average Median Price for Last 12 Months
$1,386,249
$1,319,931
$1,329,683
$1,358,180
-2.0%
*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 : September 2023
85
La Canada Flintridge Single Family Residences, September 2023
Current Market Snapshot
$2,150,000 Median Sales Price
$868 Average $/SF
$2.539
Sep Oct
-15.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
-5.1% ∆ YOY
May
92
Jun Jul Aug
Properties For Sale
-16.4% ∆ YOY
Sep
$2.150 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,539,000
$2,730,000
$2,455,000
$2,150,000
-15.3%
Average Price per Square Foot
$915
$882
$947
$868
-5.1%
Properties Sold
13
9
13
12
-7.7%
Properties Pending Sale
15
10
18
14
-6.7%
Properties For Sale
110
90
98
92
-16.4%
Days on Market (Pending Sale)
32
34
24
17
-47.4%
Percent Under Contract
13.6%
11.1%
18.4%
15.2%
11.6%
Average Median Price for Last 12 Months
$2,446,417
$2,329,083
$2,162,333
$2,269,731
-7.2%
*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 : September 2023
Monrovia Single Family Residences, September 2023
Current Market Snapshot
$938,000 Median Sales Price
$652 Average $/SF
$1.011
Sep Oct
-7.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
-0.6% ∆ YOY
May
56
Jun Jul Aug
Properties For Sale
-30.9% ∆ YOY
Sep
$938 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,011,000
$1,020,000
$1,080,100
$938,000
-7.2%
Average Price per Square Foot
$656
$619
$668
$652
-0.6%
Properties Sold
19
19
18
11
-42.1%
Properties Pending Sale
23
19
14
18
-21.7%
Properties For Sale
81
59
51
56
-30.9%
Days on Market (Pending Sale)
36
43
19
27
-23.9%
Percent Under Contract
28.4%
32.2%
27.5%
32.1%
13.2%
Average Median Price for Last 12 Months
$1,037,435
$985,517
$979,333
$991,538
-4.4%
*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 : September 2023
87
Pasadena Single Family Residences, September 2023
Current Market Snapshot
$1,350,000 Median Sales Price
$814
Average $/SF
$1.350
Sep Oct Nov
0.0% ∆ YOY
Dec Jan Feb Mar Apr
3.8% ∆ YOY
May
244
Jun Jul Aug
Properties For Sale
-29.3% ∆ YOY
Sep
$1.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,350,000
$1,400,000
$1,558,800
$1,350,000
0.0%
Average Price per Square Foot
$784
$828
$890
$814
3.8%
Properties Sold
55
61
54
63
14.5%
Properties Pending Sale
67
57
63
62
-7.5%
Properties For Sale
345
260
271
244
-29.3%
Days on Market (Pending Sale)
23
38
34
27
15.3%
Percent Under Contract
19.4%
21.9%
23.2%
25.4%
30.8%
Average Median Price for Last 12 Months
$1,384,283
$1,426,300
$1,373,000
$1,347,427
-2.7%
*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 : September 2023
San Gabriel Single Family Residences, September 2023
Current Market Snapshot
$1,190,000 Median Sales Price
$652 Average $/SF
$941
Sep Oct
26.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
-4.0% ∆ YOY
May
42
Jun Jul Aug
Properties For Sale
-45.5% ∆ YOY
Sep
$1.190 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$941,000
$1,015,000
$1,160,054
$1,190,000
26.5%
Average Price per Square Foot
$679
$634
$662
$652
-4.0%
Properties Sold
22
18
22
15
-31.8%
Properties Pending Sale
18
19
19
14
-22.2%
Properties For Sale
77
58
49
42
-45.5%
Days on Market (Pending Sale)
27
37
20
20
-24.2%
Percent Under Contract
23.4%
32.8%
38.8%
33.3%
42.6%
Average Median Price for Last 12 Months
$1,116,958
$1,184,092
$1,183,333
$1,074,658
-3.8%
*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 : September 2023
89
San Marino Single Family Residences, September 2023
Current Market Snapshot
$3,150,000 Median Sales Price
$1,165 Average $/SF
$2.049
Sep Oct
53.7% ∆ YOY
Nov Dec Jan Feb Mar Apr
15.9% ∆ YOY
May
61
Jun Jul Aug
Properties For Sale
-27.4% ∆ YOY
Sep
$3.150 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,049,000
$2,018,000
$2,830,000
$3,150,000
53.7%
Average Price per Square Foot
$1,005
$890
$962
$1,165
15.9%
Properties Sold
10
5
12
11
10.0%
Properties Pending Sale
9
8
10
9
0.0%
Properties For Sale
84
62
69
61
-27.4%
Days on Market (Pending Sale)
35
27
33
70
100.6%
Percent Under Contract
10.7%
12.9%
14.5%
14.8%
37.7%
Average Median Price for Last 12 Months
$2,644,245
$2,876,083
$3,121,667
$2,882,308
9.0%
*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 : September 2023
Sierra Madre Single Family Residences, September 2023
Current Market Snapshot
$1,545,000 Median Sales Price
$710
Average $/SF
$1.840
Sep Oct
-16.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
-8.3% ∆ YOY
May
35
Jun Jul Aug
Properties For Sale
-14.6% ∆ YOY
Sep
$1.545 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,840,000
$1,475,000
$1,260,000
$1,545,000
-16.0%
Average Price per Square Foot
$774
$784
$766
$710
-8.3%
Properties Sold
11
8
11
7
-36.4%
Properties Pending Sale
7
5
9
5
-28.6%
Properties For Sale
41
34
44
35
-14.6%
Days on Market (Pending Sale)
42
23
25
38
-9.9%
Percent Under Contract
17.1%
14.7%
20.5%
14.3%
-16.3%
Average Median Price for Last 12 Months
$1,562,938
$1,803,167
$1,810,167
$1,597,673
2.2%
*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 : September 2023
91
South Pasadena Single Family Residences, September 2023
Current Market Snapshot
$1,499,500 Median Sales Price
$716
Average $/SF
$1.753
Sep Oct
-14.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
-18.3% ∆ YOY
May
32
Jun Jul Aug
Properties For Sale
-34.7% ∆ YOY
Sep
$1.499 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,753,000
$2,310,000
$2,500,000
$1,499,500
-14.5%
Average Price per Square Foot
$876
$1,112
$849
$716
-18.3%
Properties Sold
13
4
9
6
-53.8%
Properties Pending Sale
8
6
8
4
-50.0%
Properties For Sale
49
36
46
32
-34.7%
Days on Market (Pending Sale)
22
46
26
39
78.4%
Percent Under Contract
16.3%
16.7%
17.4%
12.5%
-23.4%
Average Median Price for Last 12 Months
$1,986,231
$1,925,917
$1,893,167
$1,945,196
-2.1%
*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 : September 2023
Orange County Single Family Residences
94
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 : September 2023
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 : September 2023
95
Orange County Single Family Residences, September 2023
Current Market Snapshot
$1,300,000 Median Sales Price
$764 Average $/SF
$1.180
Sep Oct
10.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
9.8% ∆ YOY
May
2,987
Jun Jul Aug
Properties For Sale
-37.5% ∆ YOY
Sep
$1.300 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,180,000
$1,230,000
$1,250,000
$1,300,000
10.2%
Average Price per Square Foot
$696
$690
$734
$764
9.8%
Properties Sold
1264
1094
1263
1008
-20.3%
Properties Pending Sale
1062
1075
1154
1020
-4.0%
Properties For Sale
4,783
3,324
3,518
2,987
-37.5%
Days on Market (Pending Sale)
34
31
21
30
-12.3%
Percent Under Contract
22.2%
32.3%
32.8%
34.1%
53.8%
Average Median Price for Last 12 Months
$1,211,000
$1,260,000
$1,286,667
$1,200,885
-0.8%
*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.
96
Micro Market Report : September 2023
Aliso Viejo Single Family Residences, September 2023
Current Market Snapshot
$1,350,000 Median Sales Price
$629 Average $/SF
$1.235
Sep Oct Nov
9.3% ∆ YOY
Dec Jan Feb Mar Apr
1.6% ∆ YOY
May
23
Jun Jul Aug
Properties For Sale
-48.9% ∆ YOY
Sep
$1.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,235,000
$1,370,000
$1,240,000
$1,350,000
9.3%
Average Price per Square Foot
$619
$522
$645
$629
1.6%
Properties Sold
18
3
15
11
-38.9%
Properties Pending Sale
14
9
12
5
-64.3%
Properties For Sale
45
27
26
23
-48.9%
Days on Market (Pending Sale)
37
13
27
10
-71.9%
Percent Under Contract
31.1%
33.3%
46.2%
21.7%
-30.1%
Average Median Price for Last 12 Months
$1,257,604
$1,247,083
$1,319,167
$1,272,308
1.2%
*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 : September 2023
97
Balboa Peninsula Single Family Residences, September 2023
Current Market Snapshot
$9,625,000 Median Sales Price
Oct
74.5% ∆ YOY
Nov Dec Jan
$3,476 Average $/SF
$5.514
Sep
Feb Mar Apr
53.2% ∆ YOY
May
40
Jun Jul Aug
Properties For Sale
110.5% ∆ YOY
Sep
$9.625 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$5,514,735
$4,825,000
$7,337,500
$9,625,000
74.5%
Average Price per Square Foot
$2,269
$2,734
$2,803
$3,476
53.2%
Properties Sold
2
4
4
4
100.0%
Properties Pending Sale
0
2
6
6
n/a
Properties For Sale
19
29
42
40
110.5%
Days on Market (Pending Sale)
0
169
48
41
n/a
Percent Under Contract
0.0%
6.9%
14.3%
15.0%
n/a
Average Median Price for Last 12 Months
$4,822,811
$6,317,917
$7,223,333
$5,508,480
14.2%
*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.
98
Micro Market Report : September 2023
Capistrano Beach Single Family Residences, September 2023
Current Market Snapshot
$1,842,500 Median Sales Price
$849 Average $/SF
$1.625
Sep Oct
13.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
-10.7% ∆ YOY
May
28
Jun Jul Aug
Properties For Sale
21.7% ∆ YOY
Sep
$1.842 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,625,000
$2,052,500
$1,862,500
$1,842,500
13.4%
Average Price per Square Foot
$951
$935
$1,396
$849
-10.7%
Properties Sold
7
4
4
6
-14.3%
Properties Pending Sale
6
4
7
3
-50.0%
Properties For Sale
23
19
29
28
21.7%
Days on Market (Pending Sale)
51
52
34
58
15.1%
Percent Under Contract
26.1%
21.1%
24.1%
10.7%
-58.9%
Average Median Price for Last 12 Months
$2,644,167
$1,999,833
$1,554,167
$1,843,769
-30.3%
*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 : September 2023
99
Corona del Mar Single Family Residences, September 2023
Current Market Snapshot
$5,800,500 Median Sales Price
Oct
71.7% ∆ YOY
Nov Dec Jan
$1,694 Average $/SF
$3.378
Sep
Feb Mar Apr
27.2% ∆ YOY
May
64
Jun Jul Aug
Properties For Sale
-17.9% ∆ YOY
Sep
$5.800 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,378,000
$4,600,000
$4,216,000
$5,800,500
71.7%
Average Price per Square Foot
$1,332
$1,774
$1,648
$1,694
27.2%
Properties Sold
11
11
11
8
-27.3%
Properties Pending Sale
7
5
8
14
100.0%
Properties For Sale
78
66
65
64
-17.9%
Days on Market (Pending Sale)
50
30
8
81
60.1%
Percent Under Contract
9.0%
7.6%
12.3%
21.9%
143.7%
Average Median Price for Last 12 Months
$4,752,657
$4,535,667
$5,035,167
$4,244,385
-10.7%
*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.
100
Micro Market Report : September 2023
Corona del Mar - Spyglass Single Family Residences, September 2023
Current Market Snapshot
$5,800,500 Median Sales Price
Oct
71.7% ∆ YOY
Nov Dec Jan
$1,694 Average $/SF
$3.378
Sep
Feb Mar Apr
27.2% ∆ YOY
May
62
Jun Jul Aug
Properties For Sale
-22.5% ∆ YOY
Sep
$5.800 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,378,000
$4,600,000
$4,216,000
$5,800,500
71.7%
Average Price per Square Foot
$1,332
$1,774
$1,648
$1,694
27.2%
Properties Sold
11
11
11
8
-27.3%
Properties Pending Sale
7
6
8
14
100.0%
Properties For Sale
80
68
65
62
-22.5%
Days on Market (Pending Sale)
50
26
8
81
60.1%
Percent Under Contract
8.8%
8.8%
12.3%
22.6%
158.1%
Average Median Price for Last 12 Months
$4,871,491
$4,552,333
$5,035,167
$4,286,692
-12.0%
*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 : September 2023
101
Costa Mesa Single Family Residences, September 2023
Current Market Snapshot
$1,367,500 Median Sales Price
$729 Average $/SF
$1.292
Sep Oct Nov
5.8% ∆ YOY
Dec Jan Feb Mar Apr
-2.3% ∆ YOY
May
79
Jun Jul Aug
Properties For Sale
-46.3% ∆ YOY
Sep
$1.367 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,292,500
$1,260,000
$1,299,500
$1,367,500
5.8%
Average Price per Square Foot
$746
$732
$839
$729
-2.3%
Properties Sold
46
32
47
36
-21.7%
Properties Pending Sale
36
38
35
33
-8.3%
Properties For Sale
147
115
103
79
-46.3%
Days on Market (Pending Sale)
35
19
22
26
-26.4%
Percent Under Contract
24.5%
33.0%
34.0%
41.8%
70.6%
Average Median Price for Last 12 Months
$1,314,526
$1,354,500
$1,382,500
$1,293,942
-1.6%
*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.
102
Micro Market Report : September 2023
Coto de Caza Single Family Residences, September 2023
Current Market Snapshot
$1,810,000 Median Sales Price
$588 Average $/SF
$2.475
Sep Oct
-26.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
-8.4% ∆ YOY
May
44
Jun Jul Aug
Properties For Sale
-30.2% ∆ YOY
Sep
$1.810 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,475,000
$1,700,000
$1,842,000
$1,810,000
-26.9%
Average Price per Square Foot
$642
$554
$609
$588
-8.4%
Properties Sold
12
11
13
13
8.3%
Properties Pending Sale
9
17
14
12
33.3%
Properties For Sale
63
43
49
44
-30.2%
Days on Market (Pending Sale)
24
55
54
22
-10.6%
Percent Under Contract
14.3%
39.5%
28.6%
27.3%
90.9%
Average Median Price for Last 12 Months
$1,934,875
$2,059,750
$2,186,667
$2,004,231
3.6%
*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 : September 2023
103
Crystal Cove Single Family Residences, September 2023
Current Market Snapshot
$11,875,000 Median Sales Price
Oct
-46.4% ∆ YOY
Nov Dec Jan
$2,709 Average $/SF
$22.162
Sep
Feb Mar Apr
7.7% ∆ YOY
May
9
Jun Jul Aug
Properties For Sale
-43.8% ∆ YOY
Sep
$11.875 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$22,162,500
$10,995,000
$10,800,000
$11,875,000
-46.4%
Average Price per Square Foot
$2,515
$1,846
$1,878
$2,709
7.7%
Properties Sold
2
3
2
4
100.0%
Properties Pending Sale
3
2
1
1
-66.7%
Properties For Sale
16
13
9
9
-43.8%
Days on Market (Pending Sale)
44
102
2
1
-97.7%
Percent Under Contract
18.8%
15.4%
11.1%
11.1%
-40.7%
Average Median Price for Last 12 Months
$10,781,345
$10,678,333
$10,356,667
$9,666,730
-10.3%
*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.
104
Micro Market Report : September 2023
Dana Point Single Family Residences, September 2023
Current Market Snapshot
$2,025,000 Median Sales Price
Oct
-8.0% ∆ YOY
Nov Dec Jan
$1,286 Average $/SF
$2.200
Sep
Feb Mar Apr
1.5% ∆ YOY
May
90
Jun Jul Aug
Properties For Sale
-4.3% ∆ YOY
Sep
$2.025 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,200,000
$1,500,000
$1,985,000
$2,025,000
-8.0%
Average Price per Square Foot
$1,267
$964
$1,962
$1,286
1.5%
Properties Sold
19
19
27
22
15.8%
Properties Pending Sale
21
20
33
18
-14.3%
Properties For Sale
94
93
122
90
-4.3%
Days on Market (Pending Sale)
44
43
27
71
61.1%
Percent Under Contract
22.3%
21.5%
27.0%
20.0%
-10.5%
Average Median Price for Last 12 Months
$2,128,333
$2,106,083
$2,190,500
$1,934,654
-9.1%
*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 : September 2023
105
East Bluff - Harbor View Single Family Residences, September 2023
Current Market Snapshot
$3,535,000 Median Sales Price
Oct Nov
10.1% ∆ YOY
Dec Jan
$1,325 Average $/SF
$3.212
Sep
Feb Mar Apr
27.8% ∆ YOY
May
43
Jun Jul Aug
Properties For Sale
-17.3% ∆ YOY
Sep
$3.535 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,212,148
$2,750,000
$2,855,000
$3,535,000
10.1%
Average Price per Square Foot
$1,037
$1,049
$1,139
$1,325
27.8%
Properties Sold
12
11
10
10
-16.7%
Properties Pending Sale
11
7
10
11
0.0%
Properties For Sale
52
32
49
43
-17.3%
Days on Market (Pending Sale)
60
19
15
55
-7.5%
Percent Under Contract
21.2%
21.9%
20.4%
25.6%
20.9%
Average Median Price for Last 12 Months
$3,098,346
$3,322,083
$3,702,500
$3,172,815
2.4%
*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.
106
Micro Market Report : September 2023
East Costa Mesa Single Family Residences, September 2023
Current Market Snapshot
$1,900,000 Median Sales Price
$909 Average $/SF
$1.650
Sep Oct
15.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
2.0% ∆ YOY
May
23
Jun Jul Aug
Properties For Sale
-48.9% ∆ YOY
Sep
$1.900 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,650,000
$1,822,500
$1,800,000
$1,900,000
15.2%
Average Price per Square Foot
$891
$884
$1,098
$909
2.0%
Properties Sold
12
8
10
7
-41.7%
Properties Pending Sale
8
10
11
7
-12.5%
Properties For Sale
45
40
42
23
-48.9%
Days on Market (Pending Sale)
35
21
15
35
0.1%
Percent Under Contract
17.8%
25.0%
26.2%
30.4%
71.2%
Average Median Price for Last 12 Months
$1,671,818
$1,769,167
$1,883,333
$1,703,077
1.9%
*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 : September 2023
107
Fountain Valley Single Family Residences, September 2023
Current Market Snapshot
$1,365,000 Median Sales Price
$644 Average $/SF
$1.181
Sep Oct
15.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
7.0% ∆ YOY
May
43
Jun Jul Aug
Properties For Sale
-50.0% ∆ YOY
Sep
$1.365 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,181,000
$1,275,000
$1,270,000
$1,365,000
15.6%
Average Price per Square Foot
$602
$640
$610
$644
7.0%
Properties Sold
21
30
19
21
0.0%
Properties Pending Sale
25
24
24
17
-32.0%
Properties For Sale
86
72
58
43
-50.0%
Days on Market (Pending Sale)
17
24
29
22
24.5%
Percent Under Contract
29.1%
33.3%
41.4%
39.5%
36.0%
Average Median Price for Last 12 Months
$1,213,258
$1,282,333
$1,312,500
$1,223,269
0.8%
*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.
108
Micro Market Report : September 2023
Huntington Beach Single Family Residences, September 2023
Current Market Snapshot
$1,411,000 Median Sales Price
$763
Average $/SF
$1.284
Sep Oct Nov
9.9% ∆ YOY
Dec Jan Feb Mar Apr
1.6% ∆ YOY
May
262
Jun Jul Aug
Properties For Sale
-21.1% ∆ YOY
Sep
$1.411 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,284,250
$1,325,000
$1,405,000
$1,411,000
9.9%
Average Price per Square Foot
$751
$709
$767
$763
1.6%
Properties Sold
88
72
94
91
3.4%
Properties Pending Sale
83
77
90
91
9.6%
Properties For Sale
332
242
286
262
-21.1%
Days on Market (Pending Sale)
28
33
19
26
-6.5%
Percent Under Contract
25.0%
31.8%
31.5%
34.7%
38.9%
Average Median Price for Last 12 Months
$1,312,683
$1,372,241
$1,406,148
$1,310,892
-0.1%
*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 : September 2023
109
Irvine Single Family Residences, September 2023
Current Market Snapshot
$1,920,500 Median Sales Price
$850 Average $/SF
$1.877
Sep Oct Nov
2.3% ∆ YOY
Dec Jan Feb Mar Apr
10.1% ∆ YOY
May
183
Jun Jul Aug
Properties For Sale
-47.6% ∆ YOY
Sep
$1.920 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,877,500
$2,075,000
$1,860,445
$1,920,500
2.3%
Average Price per Square Foot
$772
$773
$812
$850
10.1%
Properties Sold
88
78
73
68
-22.7%
Properties Pending Sale
73
61
80
63
-13.7%
Properties For Sale
349
184
224
183
-47.6%
Days on Market (Pending Sale)
36
28
18
29
-18.6%
Percent Under Contract
20.9%
33.2%
35.7%
34.4%
64.6%
Average Median Price for Last 12 Months
$1,747,587
$1,925,491
$1,996,833
$1,890,448
8.2%
*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.
110
Micro Market Report : September 2023
Ladera Ranch Single Family Residences, September 2023
Current Market Snapshot
$1,780,000 Median Sales Price
$677
Average $/SF
$1.679
Sep Oct Nov
6.0% ∆ YOY
Dec Jan Feb Mar Apr
11.0% ∆ YOY
May
23
Jun Jul Aug
Properties For Sale
-55.8% ∆ YOY
Sep
$1.780 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,679,000
$2,100,000
$1,646,000
$1,780,000
6.0%
Average Price per Square Foot
$610
$627
$644
$677
11.0%
Properties Sold
21
18
24
15
-28.6%
Properties Pending Sale
7
11
17
6
-14.3%
Properties For Sale
52
36
36
23
-55.8%
Days on Market (Pending Sale)
13
35
20
27
102.0%
Percent Under Contract
13.5%
30.6%
47.2%
26.1%
93.8%
Average Median Price for Last 12 Months
$1,735,413
$1,638,250
$1,678,667
$1,680,769
-3.1%
*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 : September 2023
111
Laguna Beach Single Family Residences, September 2023
Current Market Snapshot
$2,587,500 Median Sales Price
Oct Nov
-9.1% ∆ YOY
Dec Jan
$1,417 Average $/SF
$2.845
Sep
Feb Mar Apr
-6.4% ∆ YOY
May
157
Jun Jul Aug
Properties For Sale
13.8% ∆ YOY
Sep
$2.587 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,845,000
$2,600,000
$3,805,000
$2,587,500
-9.1%
Average Price per Square Foot
$1,514
$1,692
$1,615
$1,417
-6.4%
Properties Sold
17
15
12
22
29.4%
Properties Pending Sale
14
23
15
18
28.6%
Properties For Sale
138
126
151
157
13.8%
Days on Market (Pending Sale)
48
67
33
63
30.7%
Percent Under Contract
10.1%
18.3%
9.9%
11.5%
13.0%
Average Median Price for Last 12 Months
$3,192,838
$3,210,753
$3,076,505
$3,094,556
-3.1%
*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.
112
Micro Market Report : September 2023
Laguna Hills Single Family Residences, September 2023
Current Market Snapshot
$1,180,000 Median Sales Price
$641
Average $/SF
$1.787
Sep Oct
-34.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
3.6% ∆ YOY
May
27
Jun Jul Aug
Properties For Sale
-62.0% ∆ YOY
Sep
$1.180 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,787,500
$1,300,000
$1,169,000
$1,180,000
-34.0%
Average Price per Square Foot
$619
$547
$628
$641
3.6%
Properties Sold
21
13
12
12
-42.9%
Properties Pending Sale
18
20
13
14
-22.2%
Properties For Sale
71
42
37
27
-62.0%
Days on Market (Pending Sale)
32
37
38
25
-23.1%
Percent Under Contract
25.4%
47.6%
35.1%
51.9%
104.5%
Average Median Price for Last 12 Months
$1,366,936
$1,449,417
$1,374,167
$1,393,919
2.0%
*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 : September 2023
113
Laguna Niguel Single Family Residences, September 2023
Current Market Snapshot
$1,645,000 Median Sales Price
$728 Average $/SF
$1.412
Sep Oct
16.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
5.2% ∆ YOY
May
99
Jun Jul Aug
Properties For Sale
-32.7% ∆ YOY
Sep
$1.645 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,412,500
$1,475,000
$1,573,500
$1,645,000
16.5%
Average Price per Square Foot
$692
$683
$706
$728
5.2%
Properties Sold
36
41
44
28
-22.2%
Properties Pending Sale
28
37
39
33
17.9%
Properties For Sale
147
100
121
99
-32.7%
Days on Market (Pending Sale)
35
28
17
25
-29.3%
Percent Under Contract
19.0%
37.0%
32.2%
33.3%
75.0%
Average Median Price for Last 12 Months
$1,526,458
$1,575,833
$1,623,333
$1,476,548
-3.3%
*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.
114
Micro Market Report : September 2023
Lake Forest Single Family Residences, September 2023
Current Market Snapshot
$1,430,000 Median Sales Price
$622 Average $/SF
$1.105
Sep Oct
29.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
14.8% ∆ YOY
May
105
Jun Jul Aug
Properties For Sale
-38.6% ∆ YOY
Sep
$1.430 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,105,000
$1,230,000
$1,477,750
$1,430,000
29.4%
Average Price per Square Foot
$542
$586
$576
$622
14.8%
Properties Sold
55
51
46
45
-18.2%
Properties Pending Sale
43
45
47
48
11.6%
Properties For Sale
171
110
118
105
-38.6%
Days on Market (Pending Sale)
44
22
27
28
-36.5%
Percent Under Contract
25.1%
40.9%
39.8%
45.7%
81.8%
Average Median Price for Last 12 Months
$1,185,824
$1,342,792
$1,348,333
$1,258,131
6.1%
*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 : September 2023
115
Lantern Village in Dana Point Single Family Residences, September 2023
Current Market Snapshot
$3,600,000 Median Sales Price
Oct
116.6% ∆ YOY
Nov Dec Jan
$1,589 Average $/SF
$1.662
Sep
Feb Mar Apr
72.9% ∆ YOY
May
15
Jun Jul Aug
Properties For Sale
66.7% ∆ YOY
Sep
$3.600 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,662,000
$1,312,500
$1,625,000
$3,600,000
116.6%
Average Price per Square Foot
$919
$885
$973
$1,589
72.9%
Properties Sold
3
4
6
2
-33.3%
Properties Pending Sale
2
2
6
4
100.0%
Properties For Sale
9
10
16
15
66.7%
Days on Market (Pending Sale)
145
3
22
75
-48.1%
Percent Under Contract
22.2%
20.0%
37.5%
26.7%
20.0%
Average Median Price for Last 12 Months
$1,493,042
$1,819,750
$2,631,167
$1,768,692
18.5%
*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.
116
Micro Market Report : September 2023
Lower Newport Bay - Balboa Island Single Family Residences, September 2023
Current Market Snapshot
$9,750,000 Median Sales Price
Oct
48.0% ∆ YOY
Nov Dec Jan
$2,821 Average $/SF
$6.587
Sep
Feb Mar Apr
40.7% ∆ YOY
May
15
Jun Jul Aug
Properties For Sale
-11.8% ∆ YOY
Sep
$9.750 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$6,587,500
$8,000,000
$5,200,000
$9,750,000
48.0%
Average Price per Square Foot
$2,005
$2,683
$1,848
$2,821
40.7%
Properties Sold
2
2
5
2
0.0%
Properties Pending Sale
5
7
5
4
-20.0%
Properties For Sale
17
24
23
15
-11.8%
Days on Market (Pending Sale)
44
45
8
41
-6.2%
Percent Under Contract
29.4%
29.2%
21.7%
26.7%
-9.3%
Average Median Price for Last 12 Months
$5,437,506
$6,415,825
$6,581,667
$6,903,073
27.0%
*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 : September 2023
117
Mission Viejo Single Family Residences, September 2023
Current Market Snapshot
$1,208,500 Median Sales Price
$607 Average $/SF
$999
Sep Oct
20.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
9.0% ∆ YOY
May
116
Jun Jul Aug
Properties For Sale
-43.7% ∆ YOY
Sep
$1.208 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$999,925
$1,017,500
$1,190,000
$1,208,500
20.9%
Average Price per Square Foot
$557
$544
$588
$607
9.0%
Properties Sold
56
68
72
56
0.0%
Properties Pending Sale
58
68
58
61
5.2%
Properties For Sale
206
154
142
116
-43.7%
Days on Market (Pending Sale)
30
30
12
25
-18.1%
Percent Under Contract
28.2%
44.2%
40.8%
52.6%
86.8%
Average Median Price for Last 12 Months
$1,106,381
$1,143,875
$1,156,833
$1,090,956
-1.4%
*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.
118
Micro Market Report : September 2023
Monarch Beach Single Family Residences, September 2023
Current Market Snapshot
$4,500,000 Median Sales Price
Oct
83.7% ∆ YOY
Nov Dec Jan
$1,845 Average $/SF
$2.450
Sep
Feb Mar Apr
-5.2% ∆ YOY
May
34
Jun Jul Aug
Properties For Sale
-27.7% ∆ YOY
Sep
$4.500 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,450,000
$2,200,000
$4,953,470
$4,500,000
83.7%
Average Price per Square Foot
$1,946
$1,133
$2,616
$1,845
-5.2%
Properties Sold
6
7
12
7
16.7%
Properties Pending Sale
7
7
13
6
-14.3%
Properties For Sale
47
46
57
34
-27.7%
Days on Market (Pending Sale)
35
54
19
55
57.0%
Percent Under Contract
14.9%
15.2%
22.8%
17.6%
18.5%
Average Median Price for Last 12 Months
$2,746,500
$3,560,995
$3,628,333
$2,807,959
2.2%
*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 : September 2023
119
Newport Beach Single Family Residences, September 2023
Current Market Snapshot
$4,250,000 Median Sales Price
Oct
37.1% ∆ YOY
Nov Dec Jan
$1,757 Average $/SF
$3.100
Sep
Feb Mar Apr
41.2% ∆ YOY
May
187
Jun Jul Aug
Properties For Sale
2.7% ∆ YOY
Sep
$4.250 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,100,000
$3,250,000
$3,875,000
$4,250,000
37.1%
Average Price per Square Foot
$1,244
$1,387
$1,668
$1,757
41.2%
Properties Sold
39
32
35
26
-33.3%
Properties Pending Sale
31
32
40
42
35.5%
Properties For Sale
182
160
206
187
2.7%
Days on Market (Pending Sale)
47
48
34
46
-1.3%
Percent Under Contract
17.0%
20.0%
19.4%
22.5%
31.9%
Average Median Price for Last 12 Months
$3,431,917
$3,775,000
$3,875,000
$3,716,923
8.3%
*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.
120
Micro Market Report : September 2023
Newport Coast Single Family Residences, September 2023
Current Market Snapshot
$10,000,000 Median Sales Price
0.0% ∆ YOY
Oct Nov Dec Jan
$2,175 Average $/SF
$10.000
Sep
Feb Mar Apr
13.4% ∆ YOY
May
31
Jun Jul Aug
Properties For Sale
-49.2% ∆ YOY
Sep
$10.000 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$10,000,000
$4,528,000
$9,600,000
$10,000,000
0.0%
Average Price per Square Foot
$1,918
$1,464
$1,566
$2,175
13.4%
Properties Sold
7
13
5
7
0.0%
Properties Pending Sale
7
11
9
6
-14.3%
Properties For Sale
61
56
39
31
-49.2%
Days on Market (Pending Sale)
41
45
26
61
51.2%
Percent Under Contract
11.5%
19.6%
23.1%
19.4%
68.7%
Average Median Price for Last 12 Months
$5,913,787
$6,426,417
$7,184,833
$6,479,654
9.6%
*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 : September 2023
121
Newport Heights Single Family Residences, September 2023
Current Market Snapshot
$5,300,000 Median Sales Price
Oct
63.2% ∆ YOY
Nov Dec Jan
$1,267 Average $/SF
$3.247
Sep
Feb Mar Apr
-1.6% ∆ YOY
May
23
Jun Jul Aug
Properties For Sale
-8.0% ∆ YOY
Sep
$5.300 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,247,500
$3,250,000
$3,550,000
$5,300,000
63.2%
Average Price per Square Foot
$1,288
$1,157
$1,516
$1,267
-1.6%
Properties Sold
4
5
2
2
-50.0%
Properties Pending Sale
4
5
4
6
50.0%
Properties For Sale
25
17
18
23
-8.0%
Days on Market (Pending Sale)
30
19
45
29
-3.4%
Percent Under Contract
16.0%
29.4%
22.2%
26.1%
63.0%
Average Median Price for Last 12 Months
$3,144,708
$3,927,500
$3,478,333
$3,364,825
7.0%
*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.
122
Micro Market Report : September 2023
Norco Single Family Residences, September 2023
Current Market Snapshot
$950,000 Median Sales Price
$437 Average $/SF
$800
Sep Oct
18.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
14.7% ∆ YOY
May
40
Jun Jul Aug
Properties For Sale
-53.5% ∆ YOY
Sep
$950 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$800,000
$780,000
$889,000
$950,000
18.8%
Average Price per Square Foot
$381
$397
$381
$437
14.7%
Properties Sold
25
17
17
15
-40.0%
Properties Pending Sale
11
15
13
13
18.2%
Properties For Sale
86
60
52
40
-53.5%
Days on Market (Pending Sale)
26
50
45
33
28.1%
Percent Under Contract
12.8%
25.0%
25.0%
32.5%
154.1%
Average Median Price for Last 12 Months
$807,667
$903,583
$914,167
$843,115
4.4%
*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 : September 2023
123
North Tustin Single Family Residences, September 2023
Current Market Snapshot
$1,665,000 Median Sales Price
$677
Average $/SF
$1.475
Sep Oct
12.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
-3.7% ∆ YOY
May
37
Jun Jul Aug
Properties For Sale
-53.2% ∆ YOY
Sep
$1.665 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,475,000
$1,772,500
$1,868,000
$1,665,000
12.9%
Average Price per Square Foot
$703
$668
$600
$677
-3.7%
Properties Sold
19
14
18
16
-15.8%
Properties Pending Sale
13
17
17
10
-23.1%
Properties For Sale
79
65
55
37
-53.2%
Days on Market (Pending Sale)
37
34
26
54
46.8%
Percent Under Contract
16.5%
26.2%
30.9%
27.0%
64.2%
Average Median Price for Last 12 Months
$1,625,833
$1,768,917
$1,658,500
$1,645,117
1.2%
*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.
124
Micro Market Report : September 2023
Orange Single Family Residences, September 2023
Current Market Snapshot
$1,150,000 Median Sales Price
$575
Average $/SF
$1.040
Sep Oct
10.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
4.0% ∆ YOY
May
108
Jun Jul Aug
Properties For Sale
-44.0% ∆ YOY
Sep
$1.150 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,040,000
$1,050,000
$1,050,000
$1,150,000
10.6%
Average Price per Square Foot
$553
$551
$571
$575
4.0%
Properties Sold
59
47
66
37
-37.3%
Properties Pending Sale
50
36
45
48
-4.0%
Properties For Sale
193
112
133
108
-44.0%
Days on Market (Pending Sale)
35
28
13
25
-27.4%
Percent Under Contract
25.9%
32.1%
33.8%
44.4%
71.6%
Average Median Price for Last 12 Months
$1,041,592
$1,057,833
$1,073,167
$1,016,962
-2.4%
*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 : September 2023
125
Rancho Mission Viejo Single Family Residences, September 2023
Current Market Snapshot
$1,268,000 Median Sales Price
$615
Average $/SF
$1.550
Sep Oct
-18.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
-0.3% ∆ YOY
May
29
Jun Jul Aug
Properties For Sale
-25.6% ∆ YOY
Sep
$1.268 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,550,000
$1,430,000
$1,352,500
$1,268,000
-18.2%
Average Price per Square Foot
$617
$599
$593
$615
-0.3%
Properties Sold
10
8
10
15
50.0%
Properties Pending Sale
7
20
18
8
14.3%
Properties For Sale
39
50
47
29
-25.6%
Days on Market (Pending Sale)
19
33
35
36
87.4%
Percent Under Contract
17.9%
40.0%
38.3%
27.6%
53.7%
Average Median Price for Last 12 Months
$1,279,188
$1,250,317
$1,273,135
$1,247,608
-2.5%
*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.
126
Micro Market Report : September 2023
Rancho Santa Margarita Single Family Residences, September 2023
Current Market Snapshot
$1,505,000 Median Sales Price
$546 Average $/SF
$1.240
Sep Oct
21.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
1.7% ∆ YOY
May
38
Jun Jul Aug
Properties For Sale
-60.0% ∆ YOY
Sep
$1.505 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,240,000
$1,090,000
$1,260,000
$1,505,000
21.4%
Average Price per Square Foot
$537
$529
$554
$546
1.7%
Properties Sold
20
35
32
16
-20.0%
Properties Pending Sale
25
22
22
12
-52.0%
Properties For Sale
95
52
53
38
-60.0%
Days on Market (Pending Sale)
42
21
17
18
-56.5%
Percent Under Contract
26.3%
42.3%
41.5%
31.6%
20.0%
Average Median Price for Last 12 Months
$1,210,946
$1,300,729
$1,376,667
$1,205,490
-0.5%
*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 : September 2023
127
San Clemente Single Family Residences, September 2023
Current Market Snapshot
$1,787,000 Median Sales Price
$791
Average $/SF
$1.750
Sep Oct Nov
2.1% ∆ YOY
Dec Jan Feb Mar Apr
-3.4% ∆ YOY
May
149
Jun Jul Aug
Properties For Sale
-14.9% ∆ YOY
Sep
$1.787 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,750,000
$1,720,000
$1,825,000
$1,787,000
2.1%
Average Price per Square Foot
$819
$751
$671
$791
-3.4%
Properties Sold
45
39
38
32
-28.9%
Properties Pending Sale
33
25
33
37
12.1%
Properties For Sale
175
124
143
149
-14.9%
Days on Market (Pending Sale)
45
26
35
38
-15.6%
Percent Under Contract
18.9%
20.2%
23.1%
24.8%
31.7%
Average Median Price for Last 12 Months
$1,698,708
$1,716,333
$1,630,333
$1,693,788
-0.3%
*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.
128
Micro Market Report : September 2023
San Juan Capistrano Single Family Residences, September 2023
Current Market Snapshot
$1,650,000 Median Sales Price
$600 Average $/SF
$1.620
Sep Oct Nov
1.9% ∆ YOY
Dec Jan Feb Mar Apr
-1.0% ∆ YOY
May
76
Jun Jul Aug
Properties For Sale
-23.2% ∆ YOY
Sep
$1.650 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,620,000
$1,800,000
$1,694,990
$1,650,000
1.9%
Average Price per Square Foot
$606
$615
$629
$600
-1.0%
Properties Sold
24
29
31
19
-20.8%
Properties Pending Sale
24
24
29
23
-4.2%
Properties For Sale
99
66
91
76
-23.2%
Days on Market (Pending Sale)
34
31
26
37
6.9%
Percent Under Contract
24.2%
36.4%
31.9%
30.3%
24.8%
Average Median Price for Last 12 Months
$1,684,912
$1,580,415
$1,656,667
$1,534,807
-8.9%
*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 : September 2023
129
Santa Ana Single Family Residences, September 2023
Current Market Snapshot
$790,000 Median Sales Price
$583 Average $/SF
$824
Sep Oct
-4.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
7.4% ∆ YOY
May
117
Jun Jul Aug
Properties For Sale
-46.6% ∆ YOY
Sep
$790 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$824,500
$790,000
$850,000
$790,000
-4.2%
Average Price per Square Foot
$543
$536
$561
$583
7.4%
Properties Sold
58
45
47
39
-32.8%
Properties Pending Sale
45
33
47
45
0.0%
Properties For Sale
219
125
133
117
-46.6%
Days on Market (Pending Sale)
30
35
19
17
-42.6%
Percent Under Contract
20.5%
26.4%
35.3%
38.5%
87.2%
Average Median Price for Last 12 Months
$821,792
$842,917
$825,000
$817,077
-0.6%
*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.
130
Micro Market Report : September 2023
Seal Beach Single Family Residences, September 2023
Current Market Snapshot
$1,465,000 Median Sales Price
$707 Average $/SF
$1.350
Sep Oct Nov
8.5% ∆ YOY
Dec Jan Feb Mar Apr
-20.4% ∆ YOY
May
29
Jun Jul Aug
Properties For Sale
3.6% ∆ YOY
Sep
$1.465 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,350,000
$1,679,000
$1,562,500
$1,465,000
8.5%
Average Price per Square Foot
$888
$639
$746
$707
-20.4%
Properties Sold
4
7
14
4
0.0%
Properties Pending Sale
5
7
7
14
180.0%
Properties For Sale
28
14
13
29
3.6%
Days on Market (Pending Sale)
34
8
21
36
5.7%
Percent Under Contract
17.9%
50.0%
53.8%
48.3%
170.3%
Average Median Price for Last 12 Months
$1,410,292
$1,500,500
$1,415,833
$1,536,885
9.0%
*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 : September 2023
131
Shady Canyon Single Family Residences, September 2023
Current Market Snapshot
$11,450,000 Median Sales Price
Oct
106.9% ∆ YOY
Nov Dec Jan
$1,164 Average $/SF
$5.534
Sep
Feb Mar Apr
11.0% ∆ YOY
May
14
Jun Jul Aug
Properties For Sale
40.0% ∆ YOY
Sep
$11.450 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$5,534,000
$9,500,000
$0
$11,450,000
106.9%
Average Price per Square Foot
$1,049
$1,134
$0
$1,164
11.0%
Properties Sold
1
1
0
2
100.0%
Properties Pending Sale
3
1
1
1
-66.7%
Properties For Sale
10
7
11
14
40.0%
Days on Market (Pending Sale)
27
7
4
1
-96.3%
Percent Under Contract
30.0%
14.3%
9.1%
7.1%
-76.2%
Average Median Price for Last 12 Months
$7,581,769
$7,900,000
$13,300,000
$8,228,577
8.5%
*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.
132
Micro Market Report : September 2023
Turtle Ridge Single Family Residences, September 2023
Current Market Snapshot
$4,090,000 Median Sales Price
$1,121 Average $/SF
$2.480
Sep Oct
64.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
18.8% ∆ YOY
May
3
Jun Jul Aug
Properties For Sale
-57.1% ∆ YOY
Sep
$4.090 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,480,000
$3,385,000
$3,250,000
$4,090,000
64.9%
Average Price per Square Foot
$944
$993
$1,093
$1,121
18.8%
Properties Sold
1
2
5
1
0.0%
Properties Pending Sale
1
1
3
1
0.0%
Properties For Sale
7
7
6
3
-57.1%
Days on Market (Pending Sale)
18
6
8
13
-27.8%
Percent Under Contract
14.3%
14.3%
50.0%
33.3%
133.3%
Average Median Price for Last 12 Months
$2,956,824
$3,290,833
$3,998,333
$2,734,346
-7.5%
*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 : September 2023
133
Turtle Rock Single Family Residences, September 2023
Current Market Snapshot
$2,350,000 Median Sales Price
$952 Average $/SF
$2.075
Sep Oct
13.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
1.2% ∆ YOY
May
4
Jun Jul Aug
Properties For Sale
-77.8% ∆ YOY
Sep
$2.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,075,000
$2,665,000
$2,470,000
$2,350,000
13.3%
Average Price per Square Foot
$941
$891
$1,025
$952
1.2%
Properties Sold
6
4
5
3
-50.0%
Properties Pending Sale
4
2
3
2
-50.0%
Properties For Sale
18
5
6
4
-77.8%
Days on Market (Pending Sale)
50
24
7
11
-79.1%
Percent Under Contract
22.2%
40.0%
50.0%
50.0%
125.0%
Average Median Price for Last 12 Months
$2,295,750
$2,146,333
$2,170,000
$2,205,423
-3.9%
*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.
134
Micro Market Report : September 2023
Tustin Single Family Residences, September 2023
Current Market Snapshot
$1,286,250 Median Sales Price
$663 Average $/SF
$1.000
Sep Oct
28.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
22.8% ∆ YOY
May
36
Jun Jul Aug
Properties For Sale
-53.2% ∆ YOY
Sep
$1.286 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,000,000
$1,362,000
$1,149,000
$1,286,250
28.6%
Average Price per Square Foot
$540
$576
$616
$663
22.8%
Properties Sold
30
21
19
18
-40.0%
Properties Pending Sale
16
28
21
20
25.0%
Properties For Sale
77
72
45
36
-53.2%
Days on Market (Pending Sale)
23
25
18
21
-7.6%
Percent Under Contract
20.8%
38.9%
46.7%
55.6%
167.4%
Average Median Price for Last 12 Months
$1,124,537
$1,241,792
$1,233,083
$1,213,506
7.9%
*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 : September 2023
135
West Bay - Santa Ana Heights Single Family Residences, September 2023
Current Market Snapshot
$4,050,000 Median Sales Price
Oct
76.1% ∆ YOY
Nov Dec Jan
$1,096 Average $/SF
$2.300
Sep
Feb Mar Apr
18.7% ∆ YOY
May
35
Jun Jul Aug
Properties For Sale
-7.9% ∆ YOY
Sep
$4.050 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,300,000
$2,325,000
$3,875,000
$4,050,000
76.1%
Average Price per Square Foot
$923
$1,120
$1,704
$1,096
18.7%
Properties Sold
13
7
7
4
-69.2%
Properties Pending Sale
7
7
6
7
0.0%
Properties For Sale
38
27
33
35
-7.9%
Days on Market (Pending Sale)
46
85
15
34
-25.8%
Percent Under Contract
18.4%
25.9%
18.2%
20.0%
8.6%
Average Median Price for Last 12 Months
$3,118,500
$3,605,417
$3,565,000
$3,342,500
7.2%
*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.
136
Micro Market Report : September 2023
West Newport - Lido Single Family Residences, September 2023
Current Market Snapshot
$4,025,000 Median Sales Price
Oct Nov
5.5% ∆ YOY
Dec Jan
$2,089 Average $/SF
$3.815
Sep
Feb Mar Apr
11.2% ∆ YOY
May
31
Jun Jul Aug
Properties For Sale
10.7% ∆ YOY
Sep
$4.025 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,815,000
$3,850,000
$4,450,000
$4,025,000
5.5%
Average Price per Square Foot
$1,879
$2,090
$1,533
$2,089
11.2%
Properties Sold
6
3
7
4
-33.3%
Properties Pending Sale
4
2
8
8
100.0%
Properties For Sale
28
27
38
31
10.7%
Days on Market (Pending Sale)
31
23
73
63
102.0%
Percent Under Contract
14.3%
7.4%
21.1%
25.8%
80.6%
Average Median Price for Last 12 Months
$5,396,463
$3,983,333
$4,383,333
$3,934,519
-27.1%
*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 : September 2023
137
Westminster Single Family Residences, September 2023
Current Market Snapshot
$1,100,000 Median Sales Price
$593 Average $/SF
$920
Sep Oct
19.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
6.5% ∆ YOY
May
44
Jun Jul Aug
Properties For Sale
-44.3% ∆ YOY
Sep
$1.100 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$920,000
$919,373
$1,075,000
$1,100,000
19.6%
Average Price per Square Foot
$557
$584
$580
$593
6.5%
Properties Sold
25
17
31
21
-16.0%
Properties Pending Sale
19
25
18
22
15.8%
Properties For Sale
79
66
45
44
-44.3%
Days on Market (Pending Sale)
20
26
14
20
-3.8%
Percent Under Contract
24.1%
37.9%
40.0%
50.0%
107.9%
Average Median Price for Last 12 Months
$945,917
$1,035,917
$1,083,167
$962,973
1.8%
*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.
138
Micro Market Report : September 2023
Yorba Linda Single Family Residences, September 2023
Current Market Snapshot
$1,375,000 Median Sales Price
$573
Average $/SF
$1.295
Sep Oct Nov
6.2% ∆ YOY
Dec Jan Feb Mar Apr
6.7% ∆ YOY
May
92
Jun Jul Aug
Properties For Sale
-46.5% ∆ YOY
Sep
$1.375 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,295,000
$1,325,000
$1,285,000
$1,375,000
6.2%
Average Price per Square Foot
$537
$541
$591
$573
6.7%
Properties Sold
41
38
53
34
-17.1%
Properties Pending Sale
49
43
47
29
-40.8%
Properties For Sale
172
121
116
92
-46.5%
Days on Market (Pending Sale)
35
26
25
29
-16.2%
Percent Under Contract
28.5%
35.5%
40.5%
31.5%
10.6%
Average Median Price for Last 12 Months
$1,388,267
$1,326,650
$1,324,967
$1,292,492
-6.9%
*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 : September 2023
139
Santa Barbara County Single Family Residences Carpinteria Goleta Hope Ranch Montecito Santa Barbara East of State Santa Barbara West of State Santa Ynez
140
Micro Market Report : September 2023
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 : September 2023
141
Carpinteria Single Family Residences, September 2023
Current Market Snapshot
$2,395,000 Median Sales Price
Oct
42.6% ∆ YOY
Nov Dec Jan
$1,292 Average $/SF
$1.680
Sep
Feb Mar Apr
38.6% ∆ YOY
May
28
Jun Jul Aug
Properties For Sale
-17.6% ∆ YOY
Sep
$2.395 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,680,000
$2,695,000
$1,990,000
$2,395,000
42.6%
Average Price per Square Foot
$932
$1,838
$1,048
$1,292
38.6%
Properties Sold
7
4
4
7
0.0%
Properties Pending Sale
3
4
5
8
166.7%
Properties For Sale
34
26
31
28
-17.6%
Days on Market (Pending Sale)
20
19
27
10
-49.8%
Percent Under Contract
8.8%
15.4%
16.1%
28.6%
223.8%
Average Median Price for Last 12 Months
$1,731,574
$1,853,272
$1,835,833
$4,619,625
166.8%
*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.
142
Micro Market Report : September 2023
Goleta Single Family Residences, September 2023
Current Market Snapshot
$1,370,000 Median Sales Price
$753
Average $/SF
$1.575
Sep Oct
-13.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
3.0% ∆ YOY
May
21
Jun Jul Aug
Properties For Sale
-16.0% ∆ YOY
Sep
$1.370 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,575,000
$1,325,000
$1,560,000
$1,370,000
-13.0%
Average Price per Square Foot
$731
$943
$826
$753
3.0%
Properties Sold
6
9
8
9
50.0%
Properties Pending Sale
8
7
12
11
37.5%
Properties For Sale
25
16
25
21
-16.0%
Days on Market (Pending Sale)
25
12
24
13
-46.3%
Percent Under Contract
32.0%
43.8%
48.0%
52.4%
63.7%
Average Median Price for Last 12 Months
$1,455,164
$1,527,700
$1,487,900
$1,396,708
-4.0%
*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 : September 2023
143
Hope Ranch Single Family Residences, September 2023
Current Market Snapshot
$6,712,500 Median Sales Price
Oct
89.1% ∆ YOY
Nov Dec Jan
$1,697 Average $/SF
$3.550
Sep
Feb Mar Apr
12.4% ∆ YOY
May
18
Jun Jul Aug
Properties For Sale
28.6% ∆ YOY
Sep
$6.712 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,550,000
$6,215,000
$5,500,000
$6,712,500
89.1%
Average Price per Square Foot
$1,510
$2,052
$0
$1,697
12.4%
Properties Sold
4
2
1
2
-50.0%
Properties Pending Sale
2
4
1
2
0.0%
Properties For Sale
14
13
16
18
28.6%
Days on Market (Pending Sale)
6
53
32
27
381.8%
Percent Under Contract
14.3%
30.8%
6.2%
11.1%
-22.2%
Average Median Price for Last 12 Months
$6,943,333
$5,815,417
$5,530,833
$4,840,769
-30.3%
*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.
144
Micro Market Report : September 2023
Montecito Single Family Residences, September 2023
Current Market Snapshot
$5,297,000 Median Sales Price
$1,951 Average $/SF
$6.900
Sep Oct
-23.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
8.2% ∆ YOY
May
107
Jun Jul Aug
Properties For Sale
15.1% ∆ YOY
Sep
$5.297 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$6,900,000
$8,200,000
$6,300,000
$5,297,000
-23.2%
Average Price per Square Foot
$1,803
$1,829
$1,825
$1,951
8.2%
Properties Sold
15
7
14
13
-13.3%
Properties Pending Sale
11
9
15
14
27.3%
Properties For Sale
93
85
116
107
15.1%
Days on Market (Pending Sale)
49
61
31
55
11.3%
Percent Under Contract
11.8%
10.6%
12.9%
13.1%
10.6%
Average Median Price for Last 12 Months
$5,422,051
$5,794,583
$5,735,000
$5,854,923
8.0%
*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 : September 2023
145
Santa Barbara East of State Single Family Residences, September 2023
Current Market Snapshot
$2,400,000 Median Sales Price
22.1% ∆ YOY
Oct Nov Dec Jan
$1,032 Average $/SF
$1.965
Sep
Feb Mar Apr
3.7% ∆ YOY
May
85
Jun Jul Aug
Properties For Sale
-12.4% ∆ YOY
Sep
$2.400 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,965,000
$2,300,000
$2,152,500
$2,400,000
22.1%
Average Price per Square Foot
$995
$1,204
$1,145
$1,032
3.7%
Properties Sold
16
17
12
15
-6.2%
Properties Pending Sale
27
12
12
15
-44.4%
Properties For Sale
97
71
82
85
-12.4%
Days on Market (Pending Sale)
30
40
34
56
88.3%
Percent Under Contract
27.8%
16.9%
14.6%
17.6%
-36.6%
Average Median Price for Last 12 Months
$2,270,250
$2,340,833
$2,705,000
$2,269,880
-0.0%
*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.
146
Micro Market Report : September 2023
Santa Barbara West of State Single Family Residences, September 2023
Current Market Snapshot
$1,600,000 Median Sales Price
Oct
-6.7% ∆ YOY
Nov Dec Jan
$1,260 Average $/SF
$1.715
Sep
Feb Mar Apr
9.7% ∆ YOY
May
66
Jun Jul Aug
Properties For Sale
4.8% ∆ YOY
Sep
$1.600 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,715,000
$1,975,000
$2,360,000
$1,600,000
-6.7%
Average Price per Square Foot
$1,149
$1,309
$1,423
$1,260
9.7%
Properties Sold
15
10
18
9
-40.0%
Properties Pending Sale
17
12
21
12
-29.4%
Properties For Sale
63
50
65
66
4.8%
Days on Market (Pending Sale)
24
15
27
18
-24.2%
Percent Under Contract
27.0%
24.0%
32.3%
18.2%
-32.6%
Average Median Price for Last 12 Months
$2,012,931
$2,000,683
$1,743,025
$1,967,738
-2.2%
*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 : September 2023
147
Santa Ynez Single Family Residences, September 2023
Current Market Snapshot
$1,440,000 Median Sales Price
$735
Average $/SF
$1.975
Sep Oct
-27.1% ∆ YOY
Nov Dec Jan Feb Mar Apr
-16.0% ∆ YOY
May
58
Jun Jul Aug
Properties For Sale
7.4% ∆ YOY
Sep
$1.440 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,975,000
$954,500
$1,750,000
$1,440,000
-27.1%
Average Price per Square Foot
$875
$625
$684
$735
-16.0%
Properties Sold
10
11
9
6
-40.0%
Properties Pending Sale
11
11
12
12
9.1%
Properties For Sale
54
39
45
58
7.4%
Days on Market (Pending Sale)
43
40
25
57
33.9%
Percent Under Contract
20.4%
28.2%
26.7%
20.7%
1.6%
Average Median Price for Last 12 Months
$1,565,500
$1,428,333
$1,476,667
$1,413,281
-9.7%
*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.
148
Micro Market Report : September 2023
Monterey County Single Family Residences Carmel Carmel Valley Marina Monterey Pacific Grove Pebble Beach Salinas Seaside
150
Micro Market Report : September 2023
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 : September 2023
151
Carmel Single Family Residences, September 2023
Current Market Snapshot
$3,350,000 Median Sales Price
Oct
17.5% ∆ YOY
Nov Dec Jan
$1,910 Average $/SF
$2.850
Sep
Feb Mar Apr
28.1% ∆ YOY
May
77
Jun Jul Aug
Properties For Sale
-4.9% ∆ YOY
Sep
$3.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,850,000
$2,800,000
$2,800,000
$3,350,000
17.5%
Average Price per Square Foot
$1,491
$1,379
$1,542
$1,910
28.1%
Properties Sold
26
19
18
23
-11.5%
Properties Pending Sale
20
13
18
15
-25.0%
Properties For Sale
81
70
84
77
-4.9%
Days on Market (Pending Sale)
35
42
36
44
27.2%
Percent Under Contract
24.7%
18.6%
21.4%
19.5%
-21.1%
Average Median Price for Last 12 Months
$2,741,734
$2,783,801
$2,998,833
$2,907,908
6.1%
*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.
152
Micro Market Report : September 2023
Carmel Valley Single Family Residences, September 2023
Current Market Snapshot
$815,000 Median Sales Price
$676
Average $/SF
$2.346
Sep Oct
-65.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
1.0% ∆ YOY
May
41
Jun Jul Aug
Properties For Sale
0.0% ∆ YOY
Sep
$815 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,346,000
$1,750,000
$3,580,000
$815,000
-65.3%
Average Price per Square Foot
$669
$709
$803
$676
1.0%
Properties Sold
7
5
2
7
0.0%
Properties Pending Sale
9
6
7
6
-33.3%
Properties For Sale
41
32
40
41
0.0%
Days on Market (Pending Sale)
53
70
40
73
37.1%
Percent Under Contract
22.0%
18.8%
17.5%
14.6%
-33.3%
Average Median Price for Last 12 Months
$1,720,417
$2,254,583
$1,685,000
$1,921,673
11.7%
*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 : September 2023
153
Marina Single Family Residences, September 2023
Current Market Snapshot
$925,000 Median Sales Price
$484 Average $/SF
$810
Sep Oct
14.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
-7.3% ∆ YOY
May
28
Jun Jul Aug
Properties For Sale
-46.2% ∆ YOY
Sep
$925 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$810,000
$877,000
$850,000
$925,000
14.2%
Average Price per Square Foot
$522
$510
$523
$484
-7.3%
Properties Sold
9
12
15
6
-33.3%
Properties Pending Sale
17
13
9
10
-41.2%
Properties For Sale
52
35
40
28
-46.2%
Days on Market (Pending Sale)
49
30
17
94
91.7%
Percent Under Contract
32.7%
37.1%
22.5%
35.7%
9.2%
Average Median Price for Last 12 Months
$864,983
$911,750
$900,167
$878,992
1.6%
*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.
154
Micro Market Report : September 2023
Monterey Single Family Residences, September 2023
Current Market Snapshot
$1,362,500 Median Sales Price
$820 Average $/SF
$1.275
Sep Oct Nov
6.9% ∆ YOY
Dec Jan Feb Mar Apr
18.5% ∆ YOY
May
43
Jun Jul Aug
Properties For Sale
-12.2% ∆ YOY
Sep
$1.362 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,275,000
$1,105,000
$1,325,000
$1,362,500
6.9%
Average Price per Square Foot
$692
$721
$691
$820
18.5%
Properties Sold
12
12
13
12
0.0%
Properties Pending Sale
15
13
12
13
-13.3%
Properties For Sale
49
34
41
43
-12.2%
Days on Market (Pending Sale)
35
36
38
42
21.3%
Percent Under Contract
30.6%
38.2%
29.3%
30.2%
-1.2%
Average Median Price for Last 12 Months
$1,239,285
$1,321,583
$1,315,833
$1,277,269
3.1%
*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 : September 2023
155
Pacific Grove Single Family Residences, September 2023
Current Market Snapshot
$1,675,000 Median Sales Price
$902 Average $/SF
$1.702
Sep Oct Nov
-1.6% ∆ YOY
Dec Jan Feb Mar Apr
7.5% ∆ YOY
May
32
Jun Jul Aug
Properties For Sale
-15.8% ∆ YOY
Sep
$1.675 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,702,500
$1,568,750
$1,290,000
$1,675,000
-1.6%
Average Price per Square Foot
$839
$1,109
$1,190
$902
7.5%
Properties Sold
8
16
7
8
0.0%
Properties Pending Sale
13
9
4
17
30.8%
Properties For Sale
38
24
23
32
-15.8%
Days on Market (Pending Sale)
35
50
51
39
10.0%
Percent Under Contract
34.2%
37.5%
17.4%
53.1%
55.3%
Average Median Price for Last 12 Months
$1,481,925
$1,522,307
$1,624,114
$1,493,323
0.8%
*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.
156
Micro Market Report : September 2023
Pebble Beach Single Family Residences, September 2023
Current Market Snapshot
$2,445,000 Median Sales Price
Oct
-54.7% ∆ YOY
Nov Dec Jan
$1,319 Average $/SF
$5.400
Sep
Feb Mar Apr
-2.0% ∆ YOY
May
33
Jun Jul Aug
Properties For Sale
-17.5% ∆ YOY
Sep
$2.445 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$5,400,000
$2,667,000
$2,800,000
$2,445,000
-54.7%
Average Price per Square Foot
$1,346
$1,364
$1,238
$1,319
-2.0%
Properties Sold
7
9
7
6
-14.3%
Properties Pending Sale
6
6
8
4
-33.3%
Properties For Sale
40
31
39
33
-17.5%
Days on Market (Pending Sale)
40
25
75
113
183.6%
Percent Under Contract
15.0%
19.4%
20.5%
12.1%
-19.2%
Average Median Price for Last 12 Months
$4,855,556
$3,163,750
$2,780,833
$3,132,654
-35.5%
*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 : September 2023
157
Salinas Single Family Residences, September 2023
Current Market Snapshot
$765,000 Median Sales Price
$482 Average $/SF
$759
Sep Oct Nov
0.7% ∆ YOY
Dec Jan Feb Mar Apr
5.2% ∆ YOY
May
80
Jun Jul Aug
Properties For Sale
-25.9% ∆ YOY
Sep
$765 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$759,950
$745,061
$743,000
$765,000
0.7%
Average Price per Square Foot
$458
$444
$464
$482
5.2%
Properties Sold
36
34
51
38
5.6%
Properties Pending Sale
19
35
34
38
100.0%
Properties For Sale
108
94
88
80
-25.9%
Days on Market (Pending Sale)
33
38
14
34
2.1%
Percent Under Contract
17.6%
37.2%
38.6%
47.5%
170.0%
Average Median Price for Last 12 Months
$725,558
$747,500
$757,500
$723,801
-0.2%
*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.
158
Micro Market Report : September 2023
Seaside Single Family Residences, September 2023
Current Market Snapshot
$921,690 Median Sales Price
$548 Average $/SF
$675
Sep Oct
36.5% ∆ YOY
Nov Dec Jan Feb Mar Apr
-4.4% ∆ YOY
May
24
Jun Jul Aug
Properties For Sale
-41.5% ∆ YOY
Sep
$921 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$675,000
$715,000
$685,000
$921,690
36.5%
Average Price per Square Foot
$573
$567
$679
$548
-4.4%
Properties Sold
19
11
9
11
-42.1%
Properties Pending Sale
12
10
8
5
-58.3%
Properties For Sale
41
26
29
24
-41.5%
Days on Market (Pending Sale)
31
48
50
41
33.8%
Percent Under Contract
29.3%
38.5%
27.6%
20.8%
-28.8%
Average Median Price for Last 12 Months
$762,188
$778,282
$846,730
$732,899
-3.8%
*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 : September 2023
159
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
160
Micro Market Report : September 2023
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 : September 2023
161
Bermuda Dunes Single Family Residences, September 2023
Current Market Snapshot
$1,687,500 Median Sales Price
$431
Average $/SF
$1.125
Sep Oct
50.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
25.7% ∆ YOY
May
44
Jun Jul Aug
Properties For Sale
-2.2% ∆ YOY
Sep
$1.687 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,125,000
$799,000
$610,000
$1,687,500
50.0%
Average Price per Square Foot
$343
$315
$315
$431
25.7%
Properties Sold
11
7
7
2
-81.8%
Properties Pending Sale
6
8
9
6
0.0%
Properties For Sale
45
54
52
44
-2.2%
Days on Market (Pending Sale)
31
37
91
77
144.7%
Percent Under Contract
13.3%
14.8%
17.3%
13.6%
2.3%
Average Median Price for Last 12 Months
$753,091
$869,583
$1,075,667
$830,195
9.3%
*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.
162
Micro Market Report : September 2023
Cathedral City Single Family Residences, September 2023
Current Market Snapshot
$552,450 Median Sales Price
$313
Average $/SF
$587
Sep Oct
-5.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
-10.3% ∆ YOY
May
203
Jun Jul Aug
Properties For Sale
-31.9% ∆ YOY
Sep
$552 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$587,000
$525,000
$499,000
$552,450
-5.9%
Average Price per Square Foot
$349
$319
$307
$313
-10.3%
Properties Sold
38
38
40
28
-26.3%
Properties Pending Sale
38
41
34
44
15.8%
Properties For Sale
298
276
242
203
-31.9%
Days on Market (Pending Sale)
44
70
46
47
6.4%
Percent Under Contract
12.8%
14.9%
14.0%
21.7%
70.0%
Average Median Price for Last 12 Months
$544,083
$530,825
$553,150
$540,304
-0.7%
*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 : September 2023
163
Coachella Single Family Residences, September 2023
Current Market Snapshot
$490,943 Median Sales Price
$253 Average $/SF
$397
Sep Oct
23.7% ∆ YOY
Nov Dec Jan Feb Mar Apr
-10.0% ∆ YOY
May
75
Jun Jul Aug
Properties For Sale
-21.9% ∆ YOY
Sep
$490 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$397,000
$475,990
$459,999
$490,943
23.7%
Average Price per Square Foot
$281
$245
$229
$253
-10.0%
Properties Sold
18
18
15
21
16.7%
Properties Pending Sale
15
14
12
28
86.7%
Properties For Sale
96
77
71
75
-21.9%
Days on Market (Pending Sale)
37
49
32
29
-20.3%
Percent Under Contract
15.6%
18.2%
16.9%
37.3%
138.9%
Average Median Price for Last 12 Months
$406,333
$473,817
$497,530
$461,030
11.9%
*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.
164
Micro Market Report : September 2023
Corona Single Family Residences, September 2023
Current Market Snapshot
$1,420,000 Median Sales Price
$586 Average $/SF
$2.300
Sep Oct
-38.3% ∆ YOY
Nov Dec Jan Feb Mar Apr
-3.8% ∆ YOY
May
5
Jun Jul Aug
Properties For Sale
-61.5% ∆ YOY
Sep
$1.420 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,300,000
$1,050,000
$1,125,000
$1,420,000
-38.3%
Average Price per Square Foot
$609
$467
$529
$586
-3.8%
Properties Sold
1
4
3
5
400.0%
Properties Pending Sale
0
5
3
2
n/a
Properties For Sale
13
9
10
5
-61.5%
Days on Market (Pending Sale)
0
19
18
8
n/a
Percent Under Contract
0.0%
55.6%
30.0%
40.0%
n/a
Average Median Price for Last 12 Months
$1,420,242
$1,443,333
$1,701,667
$1,407,038
-0.9%
*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 : September 2023
165
Desert Hot Springs Single Family Residences, September 2023
Current Market Snapshot
$392,500 Median Sales Price
$257
Average $/SF
$365
Sep Oct Nov
7.5% ∆ YOY
Dec Jan Feb Mar Apr
-2.7% ∆ YOY
May
269
Jun Jul Aug
Properties For Sale
-20.2% ∆ YOY
Sep
$392 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$365,000
$380,000
$407,000
$392,500
7.5%
Average Price per Square Foot
$264
$264
$272
$257
-2.7%
Properties Sold
29
43
49
48
65.5%
Properties Pending Sale
37
42
47
56
51.4%
Properties For Sale
337
314
316
269
-20.2%
Days on Market (Pending Sale)
39
41
53
52
33.3%
Percent Under Contract
11.0%
13.4%
14.9%
20.8%
89.6%
Average Median Price for Last 12 Months
$386,740
$391,575
$390,817
$382,765
-1.0%
*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.
166
Micro Market Report : September 2023
Indian Wells Single Family Residences, September 2023
Current Market Snapshot
$1,350,000 Median Sales Price
$539 Average $/SF
$1.275
Sep Oct Nov
5.9% ∆ YOY
Dec Jan Feb Mar Apr
8.9% ∆ YOY
May Jun Jul Aug
Properties For Sale
% ∆ YOY
Sep
$1.350 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,275,000
$1,145,000
$1,350,000
$1,350,000
5.9%
Average Price per Square Foot
$495
$491
$508
$539
8.9%
Properties Sold
11
20
15
12
9.1%
Properties Pending Sale
9
24
11
13
44.4%
Properties For Sale
105
130
98
Days on Market (Pending Sale)
24
62
40
59
143.1%
Percent Under Contract
8.6%
18.5%
11.2%
%
%
Average Median Price for Last 12 Months
$1,492,083
$1,523,040
$1,504,413
$1,383,865
-7.8%
%
*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 : September 2023
167
Indio Single Family Residences, September 2023
Current Market Snapshot
$520,000 Median Sales Price
$289 Average $/SF
$547
Sep Oct
-5.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
-3.3% ∆ YOY
May
424
Jun Jul Aug
Properties For Sale
-25.2% ∆ YOY
Sep
$520 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$547,495
$516,476
$537,390
$520,000
-5.0%
Average Price per Square Foot
$299
$278
$284
$289
-3.3%
Properties Sold
110
111
77
57
-48.2%
Properties Pending Sale
76
106
78
88
15.8%
Properties For Sale
567
495
439
424
-25.2%
Days on Market (Pending Sale)
49
54
55
52
7.5%
Percent Under Contract
13.4%
21.4%
17.8%
20.8%
54.8%
Average Median Price for Last 12 Months
$537,965
$545,003
$534,417
$535,802
-0.4%
*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.
168
Micro Market Report : September 2023
La Quinta Single Family Residences, September 2023
Current Market Snapshot
$985,000 Median Sales Price
$568 Average $/SF
$697
Sep Oct
41.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
27.9% ∆ YOY
May
421
Jun Jul Aug
Properties For Sale
-19.5% ∆ YOY
Sep
$985 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$697,500
$773,000
$815,000
$985,000
41.2%
Average Price per Square Foot
$444
$460
$576
$568
27.9%
Properties Sold
58
84
101
49
-15.5%
Properties Pending Sale
57
89
88
85
49.1%
Properties For Sale
523
563
518
421
-19.5%
Days on Market (Pending Sale)
57
67
62
63
10.2%
Percent Under Contract
10.9%
15.8%
17.0%
20.2%
85.3%
Average Median Price for Last 12 Months
$790,831
$890,375
$907,750
$858,634
7.9%
*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 : September 2023
169
Menifee Single Family Residences, September 2023
Current Market Snapshot
$569,000 Median Sales Price
$275
Average $/SF
$565
Sep Oct Nov
0.7% ∆ YOY
Dec Jan Feb Mar Apr
5.8% ∆ YOY
May
396
Jun Jul Aug
Properties For Sale
-47.1% ∆ YOY
Sep
$569 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$565,000
$530,000
$589,950
$569,000
0.7%
Average Price per Square Foot
$260
$266
$266
$275
5.8%
Properties Sold
185
146
142
103
-44.3%
Properties Pending Sale
138
154
123
125
-9.4%
Properties For Sale
749
467
436
396
-47.1%
Days on Market (Pending Sale)
35
47
37
40
13.9%
Percent Under Contract
18.4%
33.0%
28.2%
31.6%
71.3%
Average Median Price for Last 12 Months
$560,375
$566,158
$562,167
$555,981
-0.8%
*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.
170
Micro Market Report : September 2023
Murrieta Single Family Residences, September 2023
Current Market Snapshot
$660,500 Median Sales Price
$294 Average $/SF
$645
Sep Oct Nov
2.4% ∆ YOY
Dec Jan Feb Mar Apr
3.2% ∆ YOY
May
362
Jun Jul Aug
Properties For Sale
-48.4% ∆ YOY
Sep
$660 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$645,000
$635,000
$677,500
$660,500
2.4%
Average Price per Square Foot
$285
$295
$286
$294
3.2%
Properties Sold
131
134
122
90
-31.3%
Properties Pending Sale
113
109
124
107
-5.3%
Properties For Sale
701
394
413
362
-48.4%
Days on Market (Pending Sale)
42
31
24
29
-32.7%
Percent Under Contract
16.1%
27.7%
30.0%
29.6%
83.4%
Average Median Price for Last 12 Months
$656,418
$675,428
$676,689
$653,065
-0.5%
*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 : September 2023
171
Palm Desert Single Family Residences, September 2023
Current Market Snapshot
$595,000 Median Sales Price
$371
Average $/SF
$660
Sep Oct
-9.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
-12.9% ∆ YOY
May
349
Jun Jul Aug
Properties For Sale
-23.6% ∆ YOY
Sep
$595 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$660,000
$725,000
$675,000
$595,000
-9.8%
Average Price per Square Foot
$426
$412
$362
$371
-12.9%
Properties Sold
61
103
109
51
-16.4%
Properties Pending Sale
72
113
94
71
-1.4%
Properties For Sale
457
543
446
349
-23.6%
Days on Market (Pending Sale)
48
67
59
49
2.4%
Percent Under Contract
15.8%
20.8%
21.1%
20.3%
29.1%
Average Median Price for Last 12 Months
$680,542
$650,333
$631,000
$652,040
-4.4%
*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.
172
Micro Market Report : September 2023
Palm Springs Single Family Residences, September 2023
Current Market Snapshot
$1,265,000 Median Sales Price
$598 Average $/SF
$1.149
Sep Oct
10.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
-3.5% ∆ YOY
May
566
Jun Jul Aug
Properties For Sale
-6.8% ∆ YOY
Sep
$1.265 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,149,500
$1,288,265
$1,175,000
$1,265,000
10.0%
Average Price per Square Foot
$620
$661
$605
$598
-3.5%
Properties Sold
44
65
72
39
-11.4%
Properties Pending Sale
42
70
63
45
7.1%
Properties For Sale
607
646
632
566
-6.8%
Days on Market (Pending Sale)
48
66
74
44
-8.7%
Percent Under Contract
6.9%
10.8%
10.0%
8.0%
14.9%
Average Median Price for Last 12 Months
$1,152,979
$1,185,000
$1,225,000
$1,157,182
0.4%
*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 : September 2023
173
Rancho Mirage Single Family Residences, September 2023
Current Market Snapshot
$1,115,000 Median Sales Price
$461
Average $/SF
$1.175
Sep Oct Nov
-5.1% ∆ YOY
Dec Jan Feb Mar Apr
1.5% ∆ YOY
May
275
Jun Jul Aug
Properties For Sale
-2.5% ∆ YOY
Sep
$1.115 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,175,000
$989,895
$1,005,000
$1,115,000
-5.1%
Average Price per Square Foot
$454
$430
$472
$461
1.5%
Properties Sold
26
46
46
30
15.4%
Properties Pending Sale
25
50
44
51
104.0%
Properties For Sale
282
363
297
275
-2.5%
Days on Market (Pending Sale)
39
60
66
48
22.5%
Percent Under Contract
8.9%
13.8%
14.8%
18.5%
109.2%
Average Median Price for Last 12 Months
$1,129,708
$1,075,417
$1,087,500
$1,136,726
0.6%
*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.
174
Micro Market Report : September 2023
Temecula Single Family Residences, September 2023
Current Market Snapshot
$770,000 Median Sales Price
$355
Average $/SF
$740
Sep Oct Nov
4.1% ∆ YOY
Dec Jan Feb Mar Apr
4.1% ∆ YOY
May
325
Jun Jul Aug
Properties For Sale
-43.0% ∆ YOY
Sep
$770 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$740,000
$721,000
$745,500
$770,000
4.1%
Average Price per Square Foot
$341
$330
$349
$355
4.1%
Properties Sold
103
105
138
76
-26.2%
Properties Pending Sale
99
99
102
97
-2.0%
Properties For Sale
570
358
382
325
-43.0%
Days on Market (Pending Sale)
33
40
26
25
-24.5%
Percent Under Contract
17.4%
27.7%
26.7%
29.8%
71.8%
Average Median Price for Last 12 Months
$724,251
$733,417
$743,167
$715,077
-1.3%
*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 : September 2023
175
Thousand Palms Single Family Residences, September 2023
Current Market Snapshot
$389,000 Median Sales Price
$232 Average $/SF
$300
Sep Oct
29.7% ∆ YOY
Nov Dec Jan Feb Mar Apr
-20.8% ∆ YOY
May
24
Jun Jul Aug
Properties For Sale
14.3% ∆ YOY
Sep
$389 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$300,000
$357,000
$0
$389,000
29.7%
Average Price per Square Foot
$293
$258
$0
$232
-20.8%
Properties Sold
4
4
0
3
-25.0%
Properties Pending Sale
2
2
1
4
100.0%
Properties For Sale
21
20
19
24
14.3%
Days on Market (Pending Sale)
27
29
10
69
158.5%
Percent Under Contract
9.5%
10.0%
5.3%
16.7%
75.0%
Average Median Price for Last 12 Months
$309,912
$353,167
$449,667
$294,712
-5.2%
*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.
176
Micro Market Report : September 2023
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
178
Micro Market Report : September 2023
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 : September 2023
179
San Diego County Single Family Residences, September 2023
Current Market Snapshot
$1,015,000 Median Sales Price
$638 Average $/SF
$910
Sep Oct Nov
11.5% ∆ YOY
Dec Jan Feb Mar Apr
12.3% ∆ YOY
May
10,308
Properties For Sale
Jun Jul Aug
33.7% ∆ YOY
Sep
$1.015 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$910,000
$960,000
$1,000,000
$1,015,000
11.5%
Average Price per Square Foot
$568
$606
$620
$638
12.3%
Properties Sold
1356
1246
1219
947
-30.2%
Properties Pending Sale
1230
1260
1263
1084
-11.9%
Properties For Sale
7,707
8,957
9,823
10,308
33.7%
Days on Market (Pending Sale)
35
32
27
30
-14.0%
Percent Under Contract
16.0%
14.1%
12.9%
10.5%
-34.1%
Average Median Price for Last 12 Months
$929,240
$996,333
$1,014,333
$941,257
1.3%
*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.
180
Micro Market Report : September 2023
Bay Park/Old Town/Midway District Single Family Residences, September 2023
Current Market Snapshot
$1,587,850 Median Sales Price
$803 Average $/SF
$1.425
Sep Oct
11.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
-10.8% ∆ YOY
May
76
Jun Jul Aug
Properties For Sale
65.2% ∆ YOY
Sep
$1.587 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,425,000
$1,225,000
$1,575,000
$1,587,850
11.4%
Average Price per Square Foot
$900
$720
$814
$803
-10.8%
Properties Sold
7
9
10
4
-42.9%
Properties Pending Sale
7
7
17
2
-71.4%
Properties For Sale
46
60
81
76
65.2%
Days on Market (Pending Sale)
16
52
34
30
84.2%
Percent Under Contract
15.2%
11.7%
21.0%
2.6%
-82.7%
Average Median Price for Last 12 Months
$1,413,958
$1,415,475
$1,375,950
$1,235,508
-12.6%
*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 : September 2023
181
Carlsbad Single Family Residences, September 2023
Current Market Snapshot
$1,610,000 Median Sales Price
$676
Average $/SF
$1.500
Sep Oct Nov
7.3% ∆ YOY
Dec Jan Feb Mar Apr
-3.3% ∆ YOY
May
415
Jun Jul Aug
Properties For Sale
46.6% ∆ YOY
Sep
$1.610 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,500,000
$1,655,000
$1,700,000
$1,610,000
7.3%
Average Price per Square Foot
$699
$677
$715
$676
-3.3%
Properties Sold
46
59
56
46
0.0%
Properties Pending Sale
40
53
73
37
-7.5%
Properties For Sale
283
350
427
415
46.6%
Days on Market (Pending Sale)
53
25
31
36
-31.1%
Percent Under Contract
14.1%
15.1%
17.1%
8.9%
-36.9%
Average Median Price for Last 12 Months
$1,710,125
$1,681,255
$1,629,083
$1,638,233
-4.2%
*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.
182
Micro Market Report : September 2023
Carmel Valley Single Family Residences, September 2023
Current Market Snapshot
$2,643,500 Median Sales Price
$817
Average $/SF
$2.075
Sep Oct
27.4% ∆ YOY
Nov Dec Jan Feb Mar Apr
2.1% ∆ YOY
May
204
Jun Jul Aug
Properties For Sale
48.9% ∆ YOY
Sep
$2.643 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,075,000
$2,062,500
$2,215,000
$2,643,500
27.4%
Average Price per Square Foot
$800
$715
$780
$817
2.1%
Properties Sold
15
24
17
14
-6.7%
Properties Pending Sale
17
21
15
20
17.6%
Properties For Sale
137
148
187
204
48.9%
Days on Market (Pending Sale)
50
21
31
25
-51.3%
Percent Under Contract
12.4%
14.2%
8.0%
9.8%
-21.0%
Average Median Price for Last 12 Months
$2,320,146
$2,329,333
$2,406,167
$2,203,397
-5.0%
*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 : September 2023
183
Chula Vista Single Family Residences, September 2023
Current Market Snapshot
$860,000 Median Sales Price
$453 Average $/SF
$810
Sep Oct Nov
6.2% ∆ YOY
Dec Jan Feb Mar Apr
6.6% ∆ YOY
May
520
Jun Jul Aug
Properties For Sale
18.5% ∆ YOY
Sep
$860 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$810,000
$850,000
$878,000
$860,000
6.2%
Average Price per Square Foot
$425
$428
$447
$453
6.6%
Properties Sold
99
61
62
54
-45.5%
Properties Pending Sale
63
74
66
64
1.6%
Properties For Sale
439
484
507
520
18.5%
Days on Market (Pending Sale)
35
32
22
29
-18.0%
Percent Under Contract
14.4%
15.3%
13.0%
12.3%
-14.2%
Average Median Price for Last 12 Months
$840,663
$870,083
$870,833
$840,169
-0.1%
*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.
184
Micro Market Report : September 2023
Clairemont/Bay Ho/Bay Park Single Family Residences, September 2023
Current Market Snapshot
$1,078,310 Median Sales Price
$719
Average $/SF
$1.030
Sep Oct Nov
4.7% ∆ YOY
Dec Jan Feb Mar Apr
5.9% ∆ YOY
May
170
Jun Jul Aug
Properties For Sale
56.0% ∆ YOY
Sep
$1.078 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,030,000
$990,000
$1,185,000
$1,078,310
4.7%
Average Price per Square Foot
$679
$764
$727
$719
5.9%
Properties Sold
26
29
28
15
-42.3%
Properties Pending Sale
19
31
35
15
-21.1%
Properties For Sale
109
144
160
170
56.0%
Days on Market (Pending Sale)
27
14
19
20
-28.2%
Percent Under Contract
17.4%
21.5%
21.9%
8.8%
-49.4%
Average Median Price for Last 12 Months
$1,055,917
$1,101,302
$1,103,437
$1,045,139
-1.0%
*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 : September 2023
185
Coronado Single Family Residences, September 2023
Current Market Snapshot
$4,162,500 Median Sales Price
Oct
25.4% ∆ YOY
Nov Dec Jan
$1,444 Average $/SF
$3.320
Sep
Feb Mar Apr
12.4% ∆ YOY
May
120
Jun Jul Aug
Properties For Sale
66.7% ∆ YOY
Sep
$4.162 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,320,000
$2,583,000
$3,900,863
$4,162,500
25.4%
Average Price per Square Foot
$1,285
$1,512
$1,650
$1,444
12.4%
Properties Sold
6
8
6
8
33.3%
Properties Pending Sale
12
20
8
7
-41.7%
Properties For Sale
72
92
99
120
66.7%
Days on Market (Pending Sale)
41
39
25
67
65.1%
Percent Under Contract
16.7%
21.7%
8.1%
5.8%
-65.0%
Average Median Price for Last 12 Months
$3,138,500
$3,634,644
$3,519,000
$3,173,759
1.1%
*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.
186
Micro Market Report : September 2023
Del Mar Single Family Residences, September 2023
Current Market Snapshot
$3,287,500 Median Sales Price
Oct
10.4% ∆ YOY
Nov Dec Jan
$1,334 Average $/SF
$2.977
Sep
Feb Mar Apr
8.3% ∆ YOY
May
123
Jun Jul Aug
Properties For Sale
73.2% ∆ YOY
Sep
$3.287 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,977,500
$2,375,000
$2,707,500
$3,287,500
10.4%
Average Price per Square Foot
$1,232
$1,104
$1,544
$1,334
8.3%
Properties Sold
6
12
8
12
100.0%
Properties Pending Sale
7
9
10
7
0.0%
Properties For Sale
71
101
110
123
73.2%
Days on Market (Pending Sale)
13
42
47
40
216.9%
Percent Under Contract
9.9%
8.9%
9.1%
5.7%
-42.3%
Average Median Price for Last 12 Months
$3,232,708
$3,459,528
$3,908,333
$3,169,436
-2.0%
*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 : September 2023
187
El Cajon Single Family Residences, September 2023
Current Market Snapshot
$925,000 Median Sales Price
$487 Average $/SF
$780
Sep Oct
18.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
12.2% ∆ YOY
May
486
Jun Jul Aug
Properties For Sale
23.0% ∆ YOY
Sep
$925 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$780,000
$797,500
$800,000
$925,000
18.6%
Average Price per Square Foot
$434
$464
$459
$487
12.2%
Properties Sold
71
55
53
43
-39.4%
Properties Pending Sale
71
76
69
55
-22.5%
Properties For Sale
395
451
470
486
23.0%
Days on Market (Pending Sale)
31
32
27
28
-11.6%
Percent Under Contract
18.0%
16.9%
14.7%
11.3%
-37.0%
Average Median Price for Last 12 Months
$795,947
$840,433
$878,333
$794,392
-0.2%
*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.
188
Micro Market Report : September 2023
Encinitas Single Family Residences, September 2023
Current Market Snapshot
$2,588,000 Median Sales Price
Oct Nov
21.1% ∆ YOY
Dec Jan
$1,040 Average $/SF
$2.137
Sep
Feb Mar Apr
18.6% ∆ YOY
May
222
Jun Jul Aug
Properties For Sale
66.9% ∆ YOY
Sep
$2.588 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,137,500
$2,762,500
$2,550,000
$2,588,000
21.1%
Average Price per Square Foot
$877
$979
$1,216
$1,040
18.6%
Properties Sold
22
20
23
19
-13.6%
Properties Pending Sale
21
22
23
21
0.0%
Properties For Sale
133
178
202
222
66.9%
Days on Market (Pending Sale)
36
38
37
56
55.3%
Percent Under Contract
15.8%
12.4%
11.4%
9.5%
-40.1%
Average Median Price for Last 12 Months
$2,184,244
$2,176,583
$2,196,500
$2,159,928
-1.1%
*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 : September 2023
189
Escondido Single Family Residences, September 2023
Current Market Snapshot
$920,000 Median Sales Price
$470 Average $/SF
$867
Sep Oct Nov
6.1% ∆ YOY
Dec Jan Feb Mar Apr
6.6% ∆ YOY
May
651
Jun Jul Aug
Properties For Sale
26.2% ∆ YOY
Sep
$920 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$867,500
$914,900
$852,500
$920,000
6.1%
Average Price per Square Foot
$441
$419
$469
$470
6.6%
Properties Sold
84
75
84
63
-25.0%
Properties Pending Sale
82
79
91
74
-9.8%
Properties For Sale
516
587
645
651
26.2%
Days on Market (Pending Sale)
32
29
31
29
-12.3%
Percent Under Contract
15.9%
13.5%
14.1%
11.4%
-28.5%
Average Median Price for Last 12 Months
$851,083
$883,867
$902,567
$852,692
0.2%
*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.
190
Micro Market Report : September 2023
Imperial-Beach Single Family Residences, September 2023
Current Market Snapshot
$875,000 Median Sales Price
$555
Average $/SF
$937
Sep Oct
-6.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
2.4% ∆ YOY
May
91
Jun Jul Aug
Properties For Sale
116.7% ∆ YOY
Sep
$875 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$937,000
$925,000
$900,000
$875,000
-6.6%
Average Price per Square Foot
$542
$650
$864
$555
2.4%
Properties Sold
8
7
7
3
-62.5%
Properties Pending Sale
8
13
7
7
-12.5%
Properties For Sale
42
69
65
91
116.7%
Days on Market (Pending Sale)
14
30
53
46
231.6%
Percent Under Contract
19.0%
18.8%
10.8%
7.7%
-59.6%
Average Median Price for Last 12 Months
$852,086
$915,975
$982,317
$882,296
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 : September 2023
191
La Jolla Single Family Residences, September 2023
Current Market Snapshot
$2,775,000 Median Sales Price
$1,179 Average $/SF
$3.140
Sep Oct
-11.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
-6.5% ∆ YOY
May
334
Jun Jul Aug
Properties For Sale
62.1% ∆ YOY
Sep
$2.775 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$3,140,250
$3,350,000
$3,282,280
$2,775,000
-11.6%
Average Price per Square Foot
$1,261
$1,233
$1,203
$1,179
-6.5%
Properties Sold
16
31
20
19
18.8%
Properties Pending Sale
23
29
18
20
-13.0%
Properties For Sale
206
276
312
334
62.1%
Days on Market (Pending Sale)
50
38
37
52
4.0%
Percent Under Contract
11.2%
10.5%
5.8%
6.0%
-46.4%
Average Median Price for Last 12 Months
$3,450,563
$3,232,213
$3,177,000
$3,188,471
-7.6%
*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.
192
Micro Market Report : September 2023
La Mesa Single Family Residences, September 2023
Current Market Snapshot
$928,500 Median Sales Price
$478 Average $/SF
$865
Sep Oct Nov
7.3% ∆ YOY
Dec Jan Feb Mar Apr
-4.2% ∆ YOY
May
281
Jun Jul Aug
Properties For Sale
37.7% ∆ YOY
Sep
$928 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$865,000
$950,000
$870,000
$928,500
7.3%
Average Price per Square Foot
$499
$522
$563
$478
-4.2%
Properties Sold
45
45
33
24
-46.7%
Properties Pending Sale
26
33
28
37
42.3%
Properties For Sale
204
258
264
281
37.7%
Days on Market (Pending Sale)
27
50
21
22
-18.2%
Percent Under Contract
12.7%
12.8%
10.6%
13.2%
3.3%
Average Median Price for Last 12 Months
$885,060
$923,000
$949,333
$881,269
-0.4%
*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 : September 2023
193
Linda Vista/Clairemont Mesa East Single Family Residences, September 2023
Current Market Snapshot
$969,000 Median Sales Price
$686 Average $/SF
$905
Sep Oct Nov
7.1% ∆ YOY
Dec Jan Feb Mar Apr
7.9% ∆ YOY
May
96
Jun Jul Aug
Properties For Sale
28.0% ∆ YOY
Sep
$969 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$905,000
$932,500
$930,000
$969,000
7.1%
Average Price per Square Foot
$636
$630
$646
$686
7.9%
Properties Sold
16
6
15
17
6.2%
Properties Pending Sale
12
20
24
13
8.3%
Properties For Sale
75
93
95
96
28.0%
Days on Market (Pending Sale)
34
28
17
18
-46.4%
Percent Under Contract
16.0%
21.5%
25.3%
13.5%
-15.4%
Average Median Price for Last 12 Months
$975,875
$974,000
$989,667
$956,269
-2.0%
*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.
194
Micro Market Report : September 2023
Lemon Grove Single Family Residences, September 2023
Current Market Snapshot
$689,000 Median Sales Price
$587
Average $/SF
$660
Sep Oct Nov
4.4% ∆ YOY
Dec Jan Feb Mar Apr
21.0% ∆ YOY
May
76
Jun Jul Aug
Properties For Sale
16.9% ∆ YOY
Sep
$689 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$660,000
$680,000
$694,500
$689,000
4.4%
Average Price per Square Foot
$485
$466
$517
$587
21.0%
Properties Sold
13
9
12
15
15.4%
Properties Pending Sale
13
14
7
14
7.7%
Properties For Sale
65
71
63
76
16.9%
Days on Market (Pending Sale)
49
26
13
17
-64.5%
Percent Under Contract
20.0%
19.7%
11.1%
18.4%
-7.9%
Average Median Price for Last 12 Months
$709,896
$690,667
$695,833
$678,731
-4.4%
*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 : September 2023
195
National City Single Family Residences, September 2023
Current Market Snapshot
$605,000 Median Sales Price
$574
Average $/SF
$647
Sep Oct
-6.6% ∆ YOY
Nov Dec Jan Feb Mar Apr
27.6% ∆ YOY
May
85
Jun Jul Aug
Properties For Sale
14.9% ∆ YOY
Sep
$605 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$647,500
$638,000
$627,500
$605,000
-6.6%
Average Price per Square Foot
$450
$472
$510
$574
27.6%
Properties Sold
8
10
12
7
-12.5%
Properties Pending Sale
14
9
18
12
-14.3%
Properties For Sale
74
77
91
85
14.9%
Days on Market (Pending Sale)
71
11
63
29
-58.7%
Percent Under Contract
18.9%
11.7%
19.8%
14.1%
-25.4%
Average Median Price for Last 12 Months
$654,750
$639,500
$674,000
$640,423
-2.2%
*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.
196
Micro Market Report : September 2023
Ocean Beach Single Family Residences, September 2023
Current Market Snapshot
$2,400,000 Median Sales Price
60.2% ∆ YOY
Oct Nov Dec Jan
$1,122 Average $/SF
$1.498
Sep
Feb Mar Apr
17.4% ∆ YOY
May
82
Jun Jul Aug
Properties For Sale
100.0% ∆ YOY
Sep
$2.400 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,498,000
$1,900,000
$2,121,290
$2,400,000
60.2%
Average Price per Square Foot
$956
$989
$1,058
$1,122
17.4%
Properties Sold
12
9
9
5
-58.3%
Properties Pending Sale
6
12
6
4
-33.3%
Properties For Sale
41
67
79
82
100.0%
Days on Market (Pending Sale)
29
40
39
20
-29.8%
Percent Under Contract
14.6%
17.9%
7.6%
4.9%
-66.7%
Average Median Price for Last 12 Months
$1,642,430
$2,053,965
$2,275,833
$1,805,038
9.9%
*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 : September 2023
197
Oceanside Single Family Residences, September 2023
Current Market Snapshot
$945,000 Median Sales Price
$530 Average $/SF
$852
Sep Oct
10.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
4.7% ∆ YOY
May
476
Jun Jul Aug
Properties For Sale
29.7% ∆ YOY
Sep
$945 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$852,500
$870,000
$905,000
$945,000
10.9%
Average Price per Square Foot
$506
$527
$517
$530
4.7%
Properties Sold
82
71
73
60
-26.8%
Properties Pending Sale
73
61
64
59
-19.2%
Properties For Sale
367
406
461
476
29.7%
Days on Market (Pending Sale)
32
30
21
30
-7.0%
Percent Under Contract
19.9%
15.0%
13.9%
12.4%
-37.7%
Average Median Price for Last 12 Months
$872,958
$906,667
$915,000
$881,000
0.9%
*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.
198
Micro Market Report : September 2023
Pacific & Mission Beach Single Family Residences, September 2023
Current Market Snapshot
$
$1.700
Sep Oct
Median Sales Price
Nov
% ∆ YOY
Dec Jan
$1,045 Average $/SF
Feb Mar Apr
2.0% ∆ YOY
May
147
Jun Jul Aug
Properties For Sale
101.4% ∆ YOY
Sep
$2.262 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$
$
$
$
%
Average Price per Square Foot
$1,025
$1,021
$1,044
$1,045
2.0%
Properties Sold
17
14
9
8
-52.9%
Properties Pending Sale
11
9
10
11
0.0%
Properties For Sale
73
114
135
147
101.4%
Days on Market (Pending Sale)
26
25
13
22
-14.3%
Percent Under Contract
15.1%
7.9%
7.4%
%
%
Average Median Price for Last 12 Months
$1,861,208
$2,139,583
$2,229,167
$1,957,223
5.2%
*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 : September 2023
199
Poway Single Family Residences, September 2023
Current Market Snapshot
$1,262,500 Median Sales Price
$581
Average $/SF
$1.175
Sep Oct Nov
7.4% ∆ YOY
Dec Jan Feb Mar Apr
7.6% ∆ YOY
May
250
Jun Jul Aug
Properties For Sale
39.7% ∆ YOY
Sep
$1.262 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,175,000
$1,230,000
$1,299,950
$1,262,500
7.4%
Average Price per Square Foot
$540
$567
$581
$581
7.6%
Properties Sold
33
28
34
16
-51.5%
Properties Pending Sale
32
26
31
28
-12.5%
Properties For Sale
179
210
230
250
39.7%
Days on Market (Pending Sale)
23
23
21
33
41.7%
Percent Under Contract
17.9%
12.4%
13.5%
11.2%
-37.4%
Average Median Price for Last 12 Months
$1,167,500
$1,245,492
$1,294,833
$1,168,073
0.0%
*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.
200
Micro Market Report : September 2023
Rancho Bernardo Single Family Residences, September 2023
Current Market Snapshot
$1,266,250 Median Sales Price
$645 Average $/SF
$1.170
Sep Oct Nov
8.2% ∆ YOY
Dec Jan Feb Mar Apr
2.1% ∆ YOY
May
416
Jun Jul Aug
Properties For Sale
28.0% ∆ YOY
Sep
$1.266 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,170,000
$1,205,000
$1,475,000
$1,266,250
8.2%
Average Price per Square Foot
$632
$632
$662
$645
2.1%
Properties Sold
59
51
61
48
-18.6%
Properties Pending Sale
52
61
46
43
-17.3%
Properties For Sale
325
400
415
416
28.0%
Days on Market (Pending Sale)
36
38
25
33
-6.4%
Percent Under Contract
16.0%
15.2%
11.1%
10.3%
-35.4%
Average Median Price for Last 12 Months
$1,345,875
$1,345,292
$1,315,583
$1,259,173
-6.4%
*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 : September 2023
201
Rancho Santa Fe Single Family Residences, September 2023
Current Market Snapshot
$5,800,000 Median Sales Price
$962 Average $/SF
$4.175
Sep Oct
38.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
10.6% ∆ YOY
May
259
Jun Jul Aug
Properties For Sale
72.7% ∆ YOY
Sep
$5.800 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$4,175,000
$4,400,000
$4,500,000
$5,800,000
38.9%
Average Price per Square Foot
$870
$757
$944
$962
10.6%
Properties Sold
10
19
11
13
30.0%
Properties Pending Sale
11
22
16
10
-9.1%
Properties For Sale
150
214
243
259
72.7%
Days on Market (Pending Sale)
71
55
58
87
23.6%
Percent Under Contract
7.3%
10.3%
6.6%
3.9%
-47.3%
Average Median Price for Last 12 Months
$4,376,917
$4,562,917
$4,895,833
$4,326,154
-1.2%
*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.
202
Micro Market Report : September 2023
San Marcos Single Family Residences, September 2023
Current Market Snapshot
$1,218,473 Median Sales Price
$493 Average $/SF
$931
Sep Oct
30.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
0.0% ∆ YOY
May
263
Jun Jul Aug
Properties For Sale
23.5% ∆ YOY
Sep
$1.218 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$931,000
$1,028,500
$1,103,500
$1,218,473
30.9%
Average Price per Square Foot
$493
$491
$495
$493
0.0%
Properties Sold
54
40
41
28
-48.1%
Properties Pending Sale
32
41
43
32
0.0%
Properties For Sale
213
244
255
263
23.5%
Days on Market (Pending Sale)
33
20
26
36
10.2%
Percent Under Contract
15.0%
16.8%
16.9%
12.2%
-19.0%
Average Median Price for Last 12 Months
$1,023,790
$1,095,329
$1,154,491
$1,045,075
2.1%
*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 : September 2023
203
San Diego Single Family Residences, September 2023
Current Market Snapshot
$1,047,500 Median Sales Price
$717
Average $/SF
$1.010
Sep Oct Nov
3.7% ∆ YOY
Dec Jan Feb Mar Apr
2.4% ∆ YOY
May
342
Jun Jul Aug
Properties For Sale
48.7% ∆ YOY
Sep
$1.047 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,010,000
$1,035,500
$1,160,000
$1,047,500
3.7%
Average Price per Square Foot
$700
$734
$728
$717
2.4%
Properties Sold
49
44
53
36
-26.5%
Properties Pending Sale
38
58
76
30
-21.1%
Properties For Sale
230
297
336
342
48.7%
Days on Market (Pending Sale)
27
23
22
20
-28.1%
Percent Under Contract
16.5%
19.5%
22.6%
8.8%
-46.9%
Average Median Price for Last 12 Months
$1,057,417
$1,081,885
$1,092,104
$1,038,716
-1.8%
*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.
204
Micro Market Report : September 2023
Santee Single Family Residences, September 2023
Current Market Snapshot
$817,500 Median Sales Price
$473 Average $/SF
$760
Sep Oct Nov
7.6% ∆ YOY
Dec Jan Feb Mar Apr
-2.1% ∆ YOY
May
189
Jun Jul Aug
Properties For Sale
1.1% ∆ YOY
Sep
$817 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$760,000
$797,000
$817,500
$817,500
7.6%
Average Price per Square Foot
$483
$498
$501
$473
-2.1%
Properties Sold
31
19
28
18
-41.9%
Properties Pending Sale
38
30
19
23
-39.5%
Properties For Sale
187
197
200
189
1.1%
Days on Market (Pending Sale)
37
19
16
25
-34.0%
Percent Under Contract
20.3%
15.2%
9.5%
12.2%
-40.1%
Average Median Price for Last 12 Months
$783,067
$814,750
$820,000
$788,000
0.6%
*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 : September 2023
205
Solana Beach Single Family Residences, September 2023
Current Market Snapshot
$2,367,500 Median Sales Price
Oct
-45.6% ∆ YOY
Nov Dec Jan
$1,084 Average $/SF
$4.350
Sep
Feb Mar Apr
-6.1% ∆ YOY
May
64
Jun Jul Aug
Properties For Sale
45.5% ∆ YOY
Sep
$2.367 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$4,350,000
$3,697,250
$2,650,000
$2,367,500
-45.6%
Average Price per Square Foot
$1,155
$1,537
$1,524
$1,084
-6.1%
Properties Sold
1
6
7
4
300.0%
Properties Pending Sale
3
8
4
5
66.7%
Properties For Sale
44
57
68
64
45.5%
Days on Market (Pending Sale)
41
35
81
74
78.5%
Percent Under Contract
6.8%
14.0%
5.9%
7.8%
14.6%
Average Median Price for Last 12 Months
$2,865,258
$3,100,667
$3,134,667
$2,961,442
3.4%
*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.
206
Micro Market Report : September 2023
Spring Valley Single Family Residences, September 2023
Current Market Snapshot
$795,000 Median Sales Price
$433 Average $/SF
$735
Sep Oct Nov
8.2% ∆ YOY
Dec Jan Feb Mar Apr
0.9% ∆ YOY
May
239
Jun Jul Aug
Properties For Sale
3.5% ∆ YOY
Sep
$795 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$735,000
$725,000
$766,000
$795,000
8.2%
Average Price per Square Foot
$429
$413
$470
$433
0.9%
Properties Sold
23
33
33
20
-13.0%
Properties Pending Sale
46
22
30
27
-41.3%
Properties For Sale
231
204
229
239
3.5%
Days on Market (Pending Sale)
40
25
18
26
-35.6%
Percent Under Contract
19.9%
10.8%
13.1%
11.3%
-43.3%
Average Median Price for Last 12 Months
$728,167
$763,333
$775,000
$731,462
0.5%
*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 : September 2023
207
Vista Single Family Residences, September 2023
Current Market Snapshot
$970,000 Median Sales Price
$474 Average $/SF
$885
Sep Oct Nov
9.5% ∆ YOY
Dec Jan Feb Mar Apr
4.4% ∆ YOY
May
371
Jun Jul Aug
Properties For Sale
29.3% ∆ YOY
Sep
$970 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$885,500
$912,500
$922,000
$970,000
9.5%
Average Price per Square Foot
$454
$458
$473
$474
4.4%
Properties Sold
64
52
41
35
-45.3%
Properties Pending Sale
44
35
46
49
11.4%
Properties For Sale
287
306
364
371
29.3%
Days on Market (Pending Sale)
35
37
34
26
-26.0%
Percent Under Contract
15.3%
11.4%
12.6%
13.2%
-13.9%
Average Median Price for Last 12 Months
$871,000
$911,083
$929,167
$874,558
0.4%
*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.
208
Micro Market Report : September 2023
Condominiums Select Areas in Multiple Counties
210
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 : September 2023
Condominiums
Country
United States
At a Glance
State
California
Region
Multiple
Counties
Los Angeles Orange Santa Barbara Monterey
Micro Market Report : September 2023
211
Beverly Center - Miracle Mile Condominiums, September 2023
Current Market Snapshot
$1,295,000 Median Sales Price
Oct
76.8% ∆ YOY
Nov Dec Jan
$1,252 Average $/SF
$732
Sep
Feb Mar Apr
87.4% ∆ YOY
May
66
Jun Jul Aug
Properties For Sale
11.9% ∆ YOY
Sep
$1.295 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$732,500
$885,000
$880,000
$1,295,000
76.8%
Average Price per Square Foot
$668
$853
$1,394
$1,252
87.4%
Properties Sold
10
11
9
5
-50.0%
Properties Pending Sale
5
19
10
7
40.0%
Properties For Sale
59
68
54
66
11.9%
Days on Market (Pending Sale)
54
58
43
19
-65.5%
Percent Under Contract
8.5%
27.9%
18.5%
10.6%
25.2%
Average Median Price for Last 12 Months
$921,708
$1,095,583
$1,237,167
$974,423
5.7%
*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.
212
Micro Market Report : September 2023
Beverly Hills Condominiums, September 2023
Current Market Snapshot
$1,399,000 Median Sales Price
$690 Average $/SF
$2.050
Sep Oct
-31.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
-24.5% ∆ YOY
May
68
Jun Jul Aug
Properties For Sale
23.6% ∆ YOY
Sep
$1.399 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$2,050,000
$1,810,000
$2,200,000
$1,399,000
-31.8%
Average Price per Square Foot
$914
$1,512
$1,322
$690
-24.5%
Properties Sold
7
11
15
4
-42.9%
Properties Pending Sale
9
10
12
5
-44.4%
Properties For Sale
55
64
54
68
23.6%
Days on Market (Pending Sale)
47
60
71
53
13.3%
Percent Under Contract
16.4%
15.6%
22.2%
7.4%
-55.1%
Average Median Price for Last 12 Months
$1,527,188
$1,589,417
$1,434,667
$1,678,685
9.9%
*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 : September 2023
213
Brentwood Condominiums, September 2023
Current Market Snapshot
$949,000 Median Sales Price
$741
Average $/SF
$1.185
Sep Oct
-19.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
0.5% ∆ YOY
May
67
Jun Jul Aug
Properties For Sale
0.0% ∆ YOY
Sep
$949 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,185,000
$1,270,000
$974,000
$949,000
-19.9%
Average Price per Square Foot
$737
$720
$750
$741
0.5%
Properties Sold
15
17
14
11
-26.7%
Properties Pending Sale
10
15
9
8
-20.0%
Properties For Sale
67
55
51
67
0.0%
Days on Market (Pending Sale)
25
37
31
22
-13.0%
Percent Under Contract
14.9%
27.3%
17.6%
11.9%
-20.0%
Average Median Price for Last 12 Months
$1,085,386
$949,833
$868,000
$999,635
-7.9%
*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.
214
Micro Market Report : September 2023
Culver City Condominiums, September 2023
Current Market Snapshot
$644,000 Median Sales Price
$564 Average $/SF
$620
Sep Oct Nov
3.9% ∆ YOY
Dec Jan Feb Mar Apr
-13.2% ∆ YOY
May
34
Jun Jul Aug
Properties For Sale
-20.9% ∆ YOY
Sep
$644 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$620,000
$580,000
$667,250
$644,000
3.9%
Average Price per Square Foot
$650
$641
$641
$564
-13.2%
Properties Sold
19
11
12
4
-78.9%
Properties Pending Sale
10
10
9
6
-40.0%
Properties For Sale
43
31
37
34
-20.9%
Days on Market (Pending Sale)
33
16
16
35
6.7%
Percent Under Contract
23.3%
32.3%
24.3%
17.6%
-24.1%
Average Median Price for Last 12 Months
$653,188
$661,866
$664,667
$636,669
-2.5%
*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 : September 2023
215
Downtown Condominiums, September 2023
Current Market Snapshot
$610,000 Median Sales Price
$670 Average $/SF
$525
Sep Oct
16.2% ∆ YOY
Nov Dec Jan Feb Mar Apr
8.8% ∆ YOY
May
286
Jun Jul Aug
Properties For Sale
-9.8% ∆ YOY
Sep
$610 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$525,000
$550,000
$565,000
$610,000
16.2%
Average Price per Square Foot
$616
$627
$674
$670
8.8%
Properties Sold
27
21
30
33
22.2%
Properties Pending Sale
22
31
34
23
4.5%
Properties For Sale
317
313
316
286
-9.8%
Days on Market (Pending Sale)
60
83
52
68
12.1%
Percent Under Contract
6.9%
9.9%
10.8%
8.0%
15.9%
Average Median Price for Last 12 Months
$594,625
$588,231
$618,833
$574,068
-3.5%
*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.
216
Micro Market Report : September 2023
Encino Condominiums, September 2023
Current Market Snapshot
$698,500 Median Sales Price
$421
Average $/SF
$399
Sep Oct
74.8% ∆ YOY
Nov Dec Jan Feb Mar Apr
-5.2% ∆ YOY
May
49
Jun Jul Aug
Properties For Sale
-33.8% ∆ YOY
Sep
$698 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$399,500
$412,500
$600,000
$698,500
74.8%
Average Price per Square Foot
$444
$407
$451
$421
-5.2%
Properties Sold
16
14
17
16
0.0%
Properties Pending Sale
15
19
10
13
-13.3%
Properties For Sale
74
54
41
49
-33.8%
Days on Market (Pending Sale)
20
36
19
34
67.8%
Percent Under Contract
20.3%
35.2%
24.4%
26.5%
30.9%
Average Median Price for Last 12 Months
$473,458
$543,250
$592,833
$519,659
9.8%
*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 : September 2023
217
Malibu Condominiums, September 2023
Current Market Snapshot
NO SALES Median Sales Price
Oct
-100.0% ∆ YOY
Nov Dec Jan
NO SALES Average $/SF
$1.100
Sep
Feb Mar Apr
-100.0% ∆ YOY
May
10
Jun Jul Aug
Properties For Sale
-33.3% ∆ YOY
Sep
Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,100,000
$0
$1,075,000
$0
-100.0%
Average Price per Square Foot
$842
$0
$1,057
$0
-100.0%
Properties Sold
1
0
7
0
-100.0%
Properties Pending Sale
1
4
7
3
200.0%
Properties For Sale
15
12
17
10
-33.3%
Days on Market (Pending Sale)
58
216
12
24
-58.0%
Percent Under Contract
6.7%
33.3%
41.2%
30.0%
350.0%
Average Median Price for Last 12 Months
$1,202,316
$935,617
$821,400
$958,515
-20.3%
*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.
218
Micro Market Report : September 2023
Malibu Beach Condominiums, September 2023
Current Market Snapshot
NO SALES Median Sales Price
Oct
-100.0% ∆ YOY
Nov Dec Jan
NO SALES Average $/SF
$1.175
Sep
Feb Mar Apr
-100.0% ∆ YOY
May
9
Jun Jul Aug
Properties For Sale
28.6% ∆ YOY
Sep
Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,175,000
$0
$1,025,000
$0
-100.0%
Average Price per Square Foot
$1,192
$0
$1,473
$0
-100.0%
Properties Sold
1
0
1
0
-100.0%
Properties Pending Sale
1
2
2
1
0.0%
Properties For Sale
7
5
9
9
28.6%
Days on Market (Pending Sale)
1
13
19
34
3300.0%
Percent Under Contract
14.3%
40.0%
22.2%
11.1%
-22.2%
Average Median Price for Last 12 Months
$1,320,301
$633,333
$333,333
$813,712
-38.4%
*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 : September 2023
219
Marina Del Rey Condominiums, September 2023
Current Market Snapshot
$1,340,000 Median Sales Price
$957
Average $/SF
$1.089
Sep Oct
23.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
12.6% ∆ YOY
May
93
Jun Jul Aug
Properties For Sale
0.0% ∆ YOY
Sep
$1.340 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,089,000
$1,137,500
$1,250,000
$1,340,000
23.0%
Average Price per Square Foot
$850
$761
$760
$957
12.6%
Properties Sold
19
16
17
15
-21.1%
Properties Pending Sale
17
11
10
10
-41.2%
Properties For Sale
93
79
90
93
0.0%
Days on Market (Pending Sale)
22
26
43
25
13.3%
Percent Under Contract
18.3%
13.9%
11.1%
10.8%
-41.2%
Average Median Price for Last 12 Months
$1,101,438
$1,236,023
$1,243,417
$1,191,311
8.2%
*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.
220
Micro Market Report : September 2023
Santa Monica Condominiums, September 2023
Current Market Snapshot
$1,040,000 Median Sales Price
Oct
-20.2% ∆ YOY
Nov Dec Jan
$1,108 Average $/SF
$1.302
Sep
Feb Mar Apr
0.2% ∆ YOY
May
108
Jun Jul Aug
Properties For Sale
-20.0% ∆ YOY
Sep
$1.040 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,302,500
$1,049,000
$1,182,500
$1,040,000
-20.2%
Average Price per Square Foot
$1,106
$1,080
$1,079
$1,108
0.2%
Properties Sold
28
18
28
22
-21.4%
Properties Pending Sale
24
17
22
17
-29.2%
Properties For Sale
135
103
111
108
-20.0%
Days on Market (Pending Sale)
50
49
38
26
-48.5%
Percent Under Contract
17.8%
16.5%
19.8%
15.7%
-11.5%
Average Median Price for Last 12 Months
$1,128,667
$1,157,917
$1,130,000
$1,102,846
-2.3%
*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 : September 2023
221
Sherman Oaks Condominiums, September 2023
Current Market Snapshot
$699,500 Median Sales Price
$517
Average $/SF
$667
Sep Oct Nov
4.9% ∆ YOY
Dec Jan Feb Mar Apr
5.7% ∆ YOY
May
43
Jun Jul Aug
Properties For Sale
-21.8% ∆ YOY
Sep
$699 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$667,000
$645,000
$649,000
$699,500
4.9%
Average Price per Square Foot
$489
$536
$552
$517
5.7%
Properties Sold
7
17
17
8
14.3%
Properties Pending Sale
10
19
11
10
0.0%
Properties For Sale
55
44
48
43
-21.8%
Days on Market (Pending Sale)
29
32
18
25
-12.2%
Percent Under Contract
18.2%
43.2%
22.9%
23.3%
27.9%
Average Median Price for Last 12 Months
$650,146
$680,792
$692,250
$664,250
2.2%
*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.
222
Micro Market Report : September 2023
Studio City Condominiums, September 2023
Current Market Snapshot
$940,000 Median Sales Price
$596 Average $/SF
$785
Sep Oct
19.7% ∆ YOY
Nov Dec Jan Feb Mar Apr
4.9% ∆ YOY
May
29
Jun Jul Aug
Properties For Sale
-3.3% ∆ YOY
Sep
$940 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$785,000
$750,000
$945,000
$940,000
19.7%
Average Price per Square Foot
$568
$579
$580
$596
4.9%
Properties Sold
10
7
5
14
40.0%
Properties Pending Sale
10
5
6
8
-20.0%
Properties For Sale
30
24
25
29
-3.3%
Days on Market (Pending Sale)
29
11
9
23
-20.7%
Percent Under Contract
33.3%
20.8%
24.0%
27.6%
-17.2%
Average Median Price for Last 12 Months
$797,104
$860,375
$813,000
$796,281
-0.1%
*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 : September 2023
223
Venice Condominiums, September 2023
Current Market Snapshot
NO SALES Median Sales Price
Oct
-100.0% ∆ YOY
Nov Dec Jan
NO SALES Average $/SF
$1.080
Sep
Feb Mar Apr
-100.0% ∆ YOY
May
8
Jun Jul Aug
Properties For Sale
-27.3% ∆ YOY
Sep
Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,080,000
$2,000,000
$1,050,000
$0
-100.0%
Average Price per Square Foot
$909
$864
$1,076
$0
-100.0%
Properties Sold
1
1
1
0
-100.0%
Properties Pending Sale
3
2
0
0
-100.0%
Properties For Sale
11
9
7
8
-27.3%
Days on Market (Pending Sale)
17
96
0
0
-100.0%
Percent Under Contract
27.3%
22.2%
0.0%
0.0%
-100.0%
Average Median Price for Last 12 Months
$1,199,583
$610,000
$0
$942,166
-21.5%
*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.
224
Micro Market Report : September 2023
West Hollywood Condominiums, September 2023
Current Market Snapshot
$827,500 Median Sales Price
$836 Average $/SF
$950
Sep Oct
-12.9% ∆ YOY
Nov Dec Jan Feb Mar Apr
-27.8% ∆ YOY
May
149
Jun Jul Aug
Properties For Sale
-10.2% ∆ YOY
Sep
$827 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$950,000
$904,000
$908,250
$827,500
-12.9%
Average Price per Square Foot
$1,158
$1,280
$883
$836
-27.8%
Properties Sold
23
28
26
22
-4.3%
Properties Pending Sale
16
24
27
19
18.8%
Properties For Sale
166
133
139
149
-10.2%
Days on Market (Pending Sale)
42
29
27
33
-22.4%
Percent Under Contract
9.6%
18.0%
19.4%
12.8%
32.3%
Average Median Price for Last 12 Months
$887,310
$961,792
$915,833
$977,558
10.2%
*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 : September 2023
225
West LA Condominiums, September 2023
Current Market Snapshot
$902,500 Median Sales Price
$718
Average $/SF
$1.025
Sep Oct
-12.0% ∆ YOY
Nov Dec Jan Feb Mar Apr
-0.4% ∆ YOY
May
33
Jun Jul Aug
Properties For Sale
-23.3% ∆ YOY
Sep
$902 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,025,000
$802,000
$850,000
$902,500
-12.0%
Average Price per Square Foot
$721
$699
$719
$718
-0.4%
Properties Sold
10
6
9
6
-40.0%
Properties Pending Sale
9
7
12
10
11.1%
Properties For Sale
43
27
35
33
-23.3%
Days on Market (Pending Sale)
34
37
17
23
-30.9%
Percent Under Contract
20.9%
25.9%
34.3%
30.3%
44.8%
Average Median Price for Last 12 Months
$904,354
$928,733
$986,833
$879,608
-2.7%
*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.
226
Micro Market Report : September 2023
Westwood - Century City Condominiums, September 2023
Current Market Snapshot
$1,030,000 Median Sales Price
$785
Average $/SF
$1.050
Sep Oct Nov
-1.9% ∆ YOY
Dec Jan Feb Mar Apr
7.1% ∆ YOY
May
265
Jun Jul Aug
Properties For Sale
6.0% ∆ YOY
Sep
$1.030 Median Sales Price ($100,000s)
Data*
Sep 2022
6 Month
3 Month
Sep 2023
% Change
Median Price
$1,050,000
$1,241,500
$1,050,000
$1,030,000
-1.9%
Average Price per Square Foot
$733
$788
$768
$785
7.1%
Properties Sold
32
44
35
33
3.1%
Properties Pending Sale
28
37
37
31
10.7%
Properties For Sale
250
240
242
265
6.0%
Days on Market (Pending Sale)
63
50
48
35
-43.8%
Percent Under Contract
11.2%
15.4%
15.3%
11.7%
4.4%
Average Median Price for Last 12 Months
$1,082,760
$1,095,833
$1,043,333
$1,093,692
1.0%
*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 : September 2023
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elliman.com
150 EL CAMINO DRIVE, SUITE 150, BEVERLY HILLS, CA 90212. 310.595.3888. DRE# 01947727. © 2023 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. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY.