May 2023 Market Report | Andrea Gressinger

Page 1

Southern California area

Los Angeles

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Santa Monica

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Brentwood

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Marina Del Rey

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Pacific Palisades

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Culver City

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Sherman Oaks

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Studio City

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Playa Del Rey

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Venice

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West Hollywood

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Beverly Hills

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Playa Vista

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Westchester

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ABOUT ME

Andrea has been a Top Producer at KW Advisors since 2006 and is consistently in the top 4% of agents nationwide. She began her real estate career in 2002, when she bought her first of 8 income properties. She remodeled each one and managed the tenants. When she became a real estate agent, she realized that her passion extended to helping others buy and sell homes and income properties. Since then, she’s helped over 250 individuals and families buy and sell homes.

Due to her wealth of experience, Andrea is a true consultant and can share with her clients how to make great real estate decisions. Not to mention how her extensive knowledge of the real estate market, the mortgage industry, the tax benefits of ownership, design, remodeling, and marketing all make her uniquely qualified to serve her client's needs. Whether buying or selling a home or investment property, Andrea is here to create outstanding real estate experiences!

Each office is independently owned and operated.
Andrea Gressinger DRE #01756680 (310) 940-1024 andrea@gressingergroup.com thegressingergoup.com Check out my website here 2701 Ocean Park Blvd. , Santa Monica, CA, 90405, United States

Client Testimonials

“I would like to highly recommend real estate professional Andrea Gressinger. She has represented me in two real estate transactions and has gone above and beyond the usual activities of a real estate agent."

“Andrea Gressinger was a pleasure to work with as she helped us sell our Venice home. Everything fell into place just as retirement was finalized. Andrea even found a fabulous moving company for us!”

“With all that has transpired the past several weeks, I have been negligent in expressing my most sincere gratitude to you and your team. You have truly made the experience of selling my home a wonderful one no small feat given the circumstances that necessitated our sale! I honestly can't imagine this going any better, and I credit you for that. From my initial contact with you for an appraisal of our house when my husband and I first began contemplating divorce, to when we finally decided to list months later, and up through the close of escrow this past Friday, you have been the embodiment of patience, professionalism, caring, and compassion "

For more testimonials, click here

"
" "
I can help... Contact me for a confidential, no obligation assessment of your home's value. That's really the question you should be asking yourself. Our market is incredibly diverse, and rapidly changing. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home. So, do you know what your home is worth in today's market? What’s your home really worth in today’s market? Andrea Gressinger DRE #01756680 (310) 940-1024 andrea@gressingergroup.com thegressingergoup.com 2701 Ocean Park Blvd. , Santa Monica, CA, 90405, United States
am dedicated to maintaining a long-term business relationship with you, as evidenced by my past work. Please contact me when you're ready to move forward with your next purchase or sale, and let's discuss how to make it happen.
Andrea Gressinger Book a consultation here Let’s Talk Andrea Gressinger (310) 940-1024 andrea@gressingergroup.com Let’s Meet 2701 Ocean Park Blvd. , Santa Monica, CA, 90405, United States
I
Schedule A Meeting Work with

How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains:

“Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to downsize to save money on housing . . .”

And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.

Los Angeles

What's in the Los Angeles data?

There were 11,216 single-family homes for sale, providing 2.2 months of inventory. There were 3,492 new listings, and 2,696 homes sold at a median sale price of $880k. The median overbid percentage was 98.1%, with an average of 33 days on the market.

There were 3,726 condo and townhome units for sale, providing 1.8 months of inventory. There were 1,182 new listings, and 893 units sold at a median sale price of $650k. The median overbid percentage was 98.2%, with an average of 24 days on the market.

SFH Single-Family Homes

3,492 New Listings

2,696 Sold Listings

2.2 Months of Inventory

$880K Median Sale Price

98.1% Median Sale vs List

33 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

CONDO

Condo & Townhomes

1,182 New Listings

893 Sold Listings

1.8 Months of Inventory

$650K Median Sale Price

98.2% Median Sale vs List

24 Avg Days on Market

Last 12 months,

Condos

Last 12 months, year-over-year.

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 25000 20000 15000 10000 5000 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 7500 5000 2500 0 Los Angeles APRIL 2022 - APRIL 2023
Homes
Single-Family
year-over-year.
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $99k in April 2022, to $880k as of April 2023

Condos & Townhomes

The median sales price has decreased from $696k in April 2022, to $650k as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 18 days in April 2022, to 33 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 20 days in April 2022, to 24 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 104.3% in April 2022, to 98.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 103.4% in April 2022, to 98.2% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $1,000,000 $750,000 $500,000 $250,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Santa Monica

What's in the Santa Monica data?

There were 134 single-family homes for sale, providing 9.7 months of inventory. There were 31 new listings, and 11 homes sold at a median sale price of $2.7m. The median overbid percentage was 99.8%, with an average of 41 days on the market.

There were 127 condo and townhome units for sale, providing 3.1 months of inventory. There were 40 new listings, and 15 units sold at a median sale price of $1.5m. The median overbid percentage was 96.8%, with an average of 56 days on the market.

SFH Single-Family Homes

31 New Listings

11 Sold Listings

9.7 Months of Inventory

$2.7M Median Sale Price

99.8% Median Sale vs List

41 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

Mo 9 M
023 March2023 April2023 2023 March2023 April2023 y y LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $4m in April 2022, to $2 7m as of April 2023

Condos & Townhomes

The median sales price has increased from $1.3m in April 2022, to $1.5m as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 12 days in April 2022, to 41 days as of April 2023.

Condos

The average time spent on the market increased from 29 days in April 2022, to 56 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 107.4% in April 2022, to 99.8% a year later.

Condos & Townhomes

The overbid percentage has decreased from 101.2% in April 2022, to 96.8% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
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Brentwood

What's in the Brentwood

There were 117 single-family homes for providing 4.9 months of inventory. Ther new listings, and 11 homes sold at a me price of $3.4m. The median overbid per was 100.7%, with an average of 37 days market.

There were 49 condo and townhome un sale, providing 3.4 months of inventory. were 9 new listings, and 15 units sold at sale price of $1m. The median overbid percentage was 96.2%, with an average days on the market.

entory
Median Sale Price % s List 11 Sold Listings amily Homes
Broker Metrics on May 3rd, includes all single-family homes, es in the California Area from April 2022 to April 2023 This may ta, and vary from the time the data was gathered All data is ot guaranteed Questions may be directed to Keller Williams 10. Copyright Keller Williams Santa Monica | Brentwood | Marina es 2023 Each Office is independently owned and operated 37 Avg Days on Market
$3.4M
m

Co

3. Months of Inven

96.2% Median Sale vs

New List
2022December2022January2023February2023 March2023 April2023 2022December2022January2023February2023 March2023 April2023
SOLD LISTINGS
LISTINGS FOR SALE

Median Sales Price

Single-Family Homes

The median sales price has decreased from $3,1m in April 2022, to $3 4m as of April 2023

Condos & Townhomes

The median sales price has decreased from $1m in April 2022, to $1m as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 29 days in April 2022, to 37 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 25 days in April 2022, to 29 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 98.1% in April 2022, to 100.7% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102.1% in April 2022, to 96.2% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $7,500,000 $5,000,000 $2,500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Marina Del Rey

What's in the Marina Del Rey data?

There were 22 single-family homes for sale, providing 3.8 months of inventory. There were 5 new listings, and 0 homes sold. The median overbid percentage was 0%, with an average of 80 days on the market.

There were currently 87 condo and townhome units for sale, providing 2.9 months of inventory. There were 33 new listings, and 10 units sold at a median sale price of $1.1m. The median overbid percentage was 96.3%, with an average of 24 days on the market.

SFH Single-Family Homes

5 New Listings

0 Sold Listings

3.8 Months of Inventory

$0 Median Sale Price

0% Median Sale vs List

80 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023
Del
APRIL 2023 y Homes ths, year-over-year. ownhomes ths, year-over-year.
FOR SALE SOLD LISTINGS
ina
Rey
LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 6m in April 2022, to $0 as of April 2023

Condos & Townhomes

The median sales price has decreased from $1.2m in April 2022, to $1.1m as of April 2023.

AVG Days On the Market

Single-Family

The average time spent on the market increased from 15 days in April 2022, to 80 days as of April 2023.

Condos

The average time spent on the market increased from 18 days in April 2022, to 24 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 97.2% in April 2022, to 0% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102.3% in April 2022, to 96.3% a year later.

April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
& Townhomes
Homes
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Pacific Palisa

What's in the Palisades data

Milpitas had a total of providing the market inventory. There were of 13 homes sold with $3.9m. The median ov average of 49 days on There were 41 condo sale, providing the ma inventory. There were and a total of 1 condo price of $1.4m. The m with an average of 21

s

13 d Listings

3.9M an Sale Price

9 Days on Market

ncludes all single-family homes, pril 2022 to April 2023 This may e data was gathered All data is y be directed to Keller Williams anta Monica | Brentwood | Marina dently owned and operated

Co

1 New List

2. Months of Inven

89.4% Median Sale vs

2022December2022January2023February2023 March2023 April2023 2022December2022January2023February2023 March2023 April2023 sades y y LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $5 6m in April 2022, to $3 9m as of April 2023

Condos & Townhomes

The median sales price has decreased from $3.8m in April 2022, to $1.4m as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 34 days in April 2022, to 49 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 25 days in April 2022, to 21 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 93.6% in April 2022, to 97.2% a year later.

Condos & Townhomes

The overbid percentage has decreased from 100.3% in April 2022, to 89.4% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $6,000,000 $4,000,000 $2,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Culver

What's in the

There are 61 single-fa providing 2.5 months new listings, and 10 h price of $1.5m. The m was 93.1%, with an av market.

There acurrently 34 c for sale, providing 1 m were 13 new listings, sale price of $674k. T percentage was 100.8 days on the market.

s

10 d Listings

1.5M an Sale Price

8 Days on Market

ncludes all single-family homes, pril 2022 to April 2023 This may e data was gathered All data is y be directed to Keller Williams anta Monica | Brentwood | Marina dently owned and operated

New Listings
Months of Inventory $674K Median Sale Price 100.8% Median Sale vs List 19 Avg Days on Market 9 Sold Listings CONDO Condo & Townhomes
13
1

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 100 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 100 75 50 25 0 Culver City APRIL 2022 - APRIL 2023
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 2m in April 2022, to $1 5m as of April 2023

Condos & Townhomes

The median sales price has decreased from $807k in April 2022, to $674k as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market decreased from 21 days last April 2022, to 18 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 11 days in April 2022, to 19 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 109.4% in April 2022, to 93.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 105.2% in April 2022, to 100.8% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Sh

Wha data

There provid new lis price o was 10 marke

There sale, p were 1 media percen days o

es

33 d Listings

1.5M an Sale Price

7 Days on Market

ncludes all single-family homes, pril 2022 to April 2023 This may e data was gathered All data is y be directed to Keller Williams anta Monica | Brentwood | Marina dently owned and operated

19 New Listings 1.6 Months of Inventory $752K Median Sale Price 99.1% Median Sale vs List 30 Avg Days on Market 18 Sold Listings CONDO Condo & Townhomes

Last

Last 12 months,

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 300 200 100 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 125 100 75 50 25 0 Sherman
APRIL 2022 - APRIL 2023 Single-Family Homes
Oaks
12 months, year-over-year. Condos & Townhomes
year-over-year. LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 9m in April 2022, to $1 5m as of April 2023

Condos & Townhomes

The median sales price has increased from $700k in April 2022, to $752k as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 17 days in April 2022, to 27 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 18 days in April 2022, to 30 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 106.4% in April 2022, to 100.7% a year later.

Condos & Townhomes

The overbid percentage has decreased from 106.6% in April 2022, to 99.1% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 50 40 30 20 10 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Studio City

What's in the Studio City data?

There were 109 single-family homes for sale, providing 5.4 months of inventory. There were 34 new listings, and 18 homes sold at a median sale price of $1.8m. The median overbid percentage was 97.3%, with an average of 27 days on the market.

There were 36 condo and townhome units for sale, providing 1.1 months of inventory. There were 14 new listings, and 9 units sold at a median sale price of $899k. The median overbid percentage was 100%, with an average of 14 days on the market.

SFH Single-Family Homes

34 New Listings

18 Sold Listings

5.4 Months of Inventory

$1.8M Median Sale Price

97.3% Median Sale vs List

27 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

14 New Listings

1.1 Months of Inventory

100% Median Sale vs List

Condo
22October2022November2022December2022January2023February2023 March2023 April2023 22October2022November2022December2022January2023February2023 March2023 April2023 ty -year. y -year. LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 8m in April 2022, to $1 8m as of April 2023

Condos & Townhomes

The median sales price has decreased from $900k in April 2022, to $899k as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 13 days last April 2022, to 27 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 8 days in April 2022, to 14 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 103.4% in April 2022, to 97.3% a year later.

Condos & Townhomes

The overbid percentage has decreased from 111% in April 2022, to 100.8% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Playa Del Rey

What's in the Playa Del Rey data?

There were 18 single-family homes for sale, providing 3 months of inventory. There were 2 new listings, and 1 home sold at a median sale price of $3.4m. The median overbid percentage was 104.4%, with an average of 44 days on the market.

There were 17 condo and townhome units for sale, providing 1.1 months of inventory. There were 5 new listings, and 11 units sold at a median sale price of $750k. The median overbid percentage was 102.6%, with an average of 19 days on the market.

SFH Single-Family Homes

2 New Listings

1 Sold Listings

3 Months of Inventory

$3.4M Median Sale Price

104.4% Median Sale vs List

44 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

5 New Listings 1.1 Months of Inventory $750K Median Sale Price 102.6% Median Sale vs List 19 Avg Days on Market 11 Sold Listings CONDO Condo & Townhomes

Playa Del Rey

Single-Family

Last 12 months, year-over-year.

Last 12 months, year-over-year.

APRIL 2023
APRIL 2022 -
Homes
Condos & Townhomes
FOR SALE SOLD LISTINGS April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 40 30 20 10 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 60 40 20 0
LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has increased from $2 5m in April 2022, to $3 4m as of April 2023

Condos & Townhomes

The median sales price has decreased from $885k in April 2022, to $750k as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 9 days in April 2022, to 44 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 9 days in April 2022, to 19 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96.6% in April 2022, to 104.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 105.7% in April 2022, to 102.6% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Venice

What's in the Venice data?

There were 96 single-family homes for sale, providing 7.4 months of inventory. There were 24 new listings, and 18 homes sold at a median sale price of $2.7m. The median overbid percentage was 94.1%, with an average of 65 days on the market.

There are currently 17 condo and townhome units for sale, providing 2 months of inventory. There were 5 new listings, and 3 units sold at a median sale price of $1.1m. The median overbid percentage was 98.2%, with an average of 16 days on the market.

SFH Single-Family Homes

24 New Listings

18 Sold Listings

7.4 Months of Inventory

$2.7M Median Sale Price

94.1% Median Sale vs List

65 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

C Condo & T

5 New Listings

2 Months of Inventory $

98.2% Median Sale vs List A

t2022September2022October2022November2022December2022January2023February2023 March2023 April2023 ust2022September2022October2022November2022December2022January2023February2023 March2023 April2023 23 s r-over-year. es y r-over-year.
SOLD LISTINGS
LISTINGS FOR SALE

Median Sales Price

Single-Family Homes

The median sales price has increased from $2 6m in April 2022, to $2 7m as of April 2023

Condos & Townhomes

The median sales price has decreased from $1.2m in April 2022, to $1.1m as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 24 days last April 2022, to 65 days as of April 2023.

Condos & Townhomes

The average time spent on the market decreased from 18 days in April 2022, to 16 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 99.9% in April 2022, to 94.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 98.4% in April 2022, to 98.2% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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West Hollywood

What's in the West Hollywood data?

There were 41 single-family homes for sale, providing 11.3 months of inventory. There were 6 new listings, and 4 homes sold at a median sale price of $2.2k. The median overbid percentage was 90.4%, with an average of 92 days on the market.

There were 129 condo and townhome units for sale, providing 3.5 months of inventory. There were 32 new listings, and 15 units sold at a median sale price of $1m. The median overbid percentage was 89%, with an average of 56 days on the market.

SFH Single-Family Homes

6 New Listings

4 Sold Listings

11.3 Months of Inventory

$2.2M Median Sale Price

90.4% Median Sale vs List

92 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

32 New Listings

15 Sold Listings

3.5 Months of Inventory

1M Median Sale Price

89% Median Sale vs List

56 Avg Days on Market

CONDO Condo & Townhomes

Last

Last 12 months,

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 75 50 25 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 250 200 150 100 50 0 West Hollywood APRIL 2022 - APRIL 2023
Homes
Single-Family
12
year-over-year.
& Townhomes
months,
Condos
LISTINGS FOR SALE SOLD LISTINGS
year-over-year.

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 4m in April 2022, to $2 2m as of April 2023

Condos & Townhomes

The median sales price has increased from $885k in April 2022, to $1m as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 16 days in April 2022, to 92 days as of April 2023.

Condos & Townhomes

The average time spent on the market increased from 33 days in April 2022, to 56 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 105.4% in April 2022, to 90.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 97.8% in April 2022, to 89% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Beverl

What's in the data?

There were 234 singl providing 15.9 month 46 new listings, and 1 sale price of $4m. The percentage was 88.1 days on the market.

There were 59 condo sale, providing 3.8 mo were 12 new listings, median sale price of $ percentage was 92.2 days on the market.

13 d Listings

4M ian Sale Price

1 Days on Market

es includes all single-family homes, pril 2022 to April 2023 This may e data was gathered All data is y be directed to Keller Williams anta Monica | Brentwood | Marina ndently owned and operated

Mo 9 M
2023 March2023 April2023 ary2023 March2023 April2023 y y GS

Median Sales Price

Single-Family Homes

The median sales price has increased from $3 5m in April 2022, to $4m as of April 2023

Condos & Townhomes

The median sales price has increased from $1.5m in April 2022, to $1.8m as of April 2023.

AVG Days On the Market

Single-Family

The average time spent on the market increased from 22 days in April 2022, to 91 days as of April 2023.

Condos

The average time spent on the market increased from 37 days in April 2022, to 56 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 93.6% in April 2022, to 88.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102.8% in April 2022, to 92.2% a year later.

April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
Townhomes
&
Homes
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Playa Vista

What's in the Playa Vista data?

There were 12 single-family homes for sale, providing 3 months of inventory. There were 3 new listings, and 1 home sold at a median sale price of $2.7m. The median overbid percentage was 100%, with an average of 22 days on the market.

There were 22 condo and townhome units for sale, providing 2.3 months of inventory. There were 8 new listings, and 4 units sold at a median sale price of $1.4m. The median overbid percentage was 99.9%, with an average of 23 days on the market.

SFH Single-Family Homes

3 New Listings

1 Sold Listings

3 Months of Inventory

$2.7M Median Sale Price

100% Median Sale vs List

22 Avg Days on Market

The data, sourced from Broker Metrics on May 3rd, includes all single-family homes, condos, and townhomes in the California Area from April 2022 to April 2023 This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2023 Each Office is independently owned and operated

Co

2. Months of Inven

99.9% Median Sale vs

New List
2022December2022January2023February2023 March2023 April2023 er2022December2022January2023February2023 March2023 April2023 y y LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has increased from $2 3m last April 2022, to $2 7m as of April 2023

Condos & Townhomes

The median sales price has decreased from $1.5m last April 2022, to $1.4m as of April 2023.

AVG Days On the Market

Single-Family Homes

The average days on market went down from 29 days in April 2022, to 22 days as of April 2023.

Condos & Townhomes

The average days on market went up from 14 days in April 2022, to 23 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has remained the same from 100% in April 2022, to 100% a year later.

Condos & Townhomes

The overbid percentage has decreased from 104.9% in April 2022, to 99.9% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 60 40 20 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125% 100% 75% 50% 25% 0%
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Westchester

What's in the Westchester data?

There were 11 single-family homes for sale, providing 2 months of inventory. There were new listings, and 3 homes sold at a median s price of $1.8m. The median overbid percent was 12.6%, with an average of 102 days on t market.

There are currently 0 condos and townhome units for sale, providing 0 months of invento There was 1 new listing, and 1 unit sold at a median sale price of $615k. The median ove percentage was 102.7%, with an average of days on the market.

f Inventory

4.6% ale vs List

3 Sold Listings

$1.8M Median Sale Price

102 Avg Days on Market

ced from Broker Metrics on May 3rd, includes all single-family homes, wnhomes in the California Area from April 2022 to April 2023 This may nary data, and vary from the time the data was gathered All data is e but not guaranteed Questions may be directed to Keller Williams 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Palisades 2023 Each Office is independently owned and operated

ngs
He-Family Homes
New Listings 0 Months of Inventory $615K Median Sale Price 102.7% Median Sale vs List 0 Avg Days on Market 1 Sold Listings CONDO Condo & Townhomes
1

Single-Family Homes

Last 12 months, year-over-year.

Condos

Last 12 months, year-over-year.

April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 20 15 10 5 0 April2022 May2022 June2022 July2022August2022September2022October2022November2022December2022January2023February2023 March2023 April2023 3 2 1 0 Westchester APRIL 2022 - APRIL 2023
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 3m in April 2022, to $1 8m as of April 2023

Condos & Townhomes

The median sales price has decreased from $955k in April 2022, to $615k as of April 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market increased from 24 days in April 2022, to 102 days as of April 2023.

Condos & Townhomes

The average time spent on the market remained the same from 0 days in April 2022, to 0 days as of April 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 136% in April 2022, to 124.6% a year later.

Condos & Townhomes

The overbid percentage has decreased from 113.8% in April 2022, to 102.7% a year later.

April2022May2022June2022July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 $3,000,000 $2,000,000 $1,000,000 $0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 125 100 75 50 25 0 April2022May2022June2022 July2022August2022September2022October2022November2022December2022January2023February2023March2023April2023 150% 100% 50% 0%
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2701 Ocean Park Blvd #140, Santa Monica, CA 90405, United States Keller Williams Santa Monica 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States Keller Williams Brentwood 444 Washington Blvd Marina Del Rey, CA 90292, United States Keller Williams Marina Del Rey 845 Vía De La Paz, Pacific Palisades, CA 90272, United States Keller Williams Pacific Palisades

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