February 2024
Copyright by KW Advisors 2024
Southern California area Los Angeles
Culver City
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Sherman Oaks
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Studio City
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Marina Del Rey
Westlake Village
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Pacific Palisades
Playa Del Rey
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Venice
San Diego County
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What’s your home really worth in today’s market? That's 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. 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?
I can help... Contact me for a confidential, no obligation assessment of your home's value.
Why Having Your Own Agent Matters When Buying a New Construction Home
Finding the right home is one of the biggest challenges for potential buyers today. Right now, the supply of homes for sale is still low. But there is a bright spot. Newly built homes make up a larger percent of the total homes available for sale than normal. That’s why, if you’re craving more options, it makes sense to see if a newly built home is right for you. But it’s important to remember the process of working with a builder is different than buying from a homeowner. And, while builders typically have sales agents on-site, having your own agent helps make sure you have proper representation throughout your homebuying journey. As Realtor.com says: “Keep in mind that the on-site agent you meet at a new-construction office works for the builder. So, as the homebuyer, it’s a smart idea to bring in your own agent, as well, to help you negotiate and stay protected in the transaction.” Here’s how having your own agent is key when you build or buy a new construction home.
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Buying a home should be painless. Find your financing right here! Contact me, your Real Estate Expert, for support and to learn more about REMA.
CLICK HERE TO LEARN MORE
WHAT ARE PREPAID COSTS WHEN BUYING A HOME?
Embarking on the journey of homeownership brings both excitement and unexpected costs. Closing fees, down payments, and more can catch you off guard. American Home Shield is here to break down the upfront expenses and help you navigate the homebuying process confidently.
What are prepaid costs when buying a home? Unraveling the mystery of prepaid costs in home buying! These serve as a safety net for lenders, covering taxes, interest, and insurance. Here's a breakdown:
1 2
3
4
Prepaid interest on a mortgage: Pay interest from closing to month-end. Opt for a month-end closing to minimize this cost.
Prepaid property taxes at closing: Sellers settle their owed taxes at closing, and you prepay from your escrow account.
Prepaid homeowners insurance at closing: Cover one year in advance, ensuring your lender that potential damages will be addressed.
Initial escrow payment at closing: Acts as a deposit (earnest money) for future insurance or tax payments, showing commitment to the purchase.
While it might seem complex, prepaid costs are expenses you'd pay anyhow. They ease the burden on buyers by handling crucial payments, streamlining the process and leaving you with fewer tasks on your homeowner checklist
READY TO GET STARTED? Contact me, your Real Estate Expert, for support and to learn more about AHS. CLICK HERE TO LEARN MORE
Looking to lighten the mood in your laundry room?
EIGHT EYECATCHING Laundry Room Colors To Look Out For
These refreshing colors make the wash-and-dry chore a little more pleasant.
Eight Colrs fo Laundry Tranquil Blue View it here
Sage Green View it here
Create a tranquil laundry space with Benjamin Moore's Beach Glass. Its light blue
shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.
Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a low-
commitment update—easy to change and customize, ensuring lasting satisfaction with your design choice.
White
Create an elegant laundry room with Chantilly Lace by Benjamin Moore. The classic
Yellow
Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn
View it here
View it here
Gray
View it here
Dusty Pink View it here
Navy Blue View it here
Purple
View it here
white choice adds sophistication, opens up the space, and simplifies stain detection.
or Upbeat bring warmth and optimism, while Pearly White offers a mellow option—a yellow-based white that brings a perfect harmony of vibrancy and calmness.
Gray remains a top choice for laundry room walls, providing a timeless and serene
backdrop. A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.
Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere.
Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with
lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.
Dare to take a style risk in your laundry room with a pop of color. Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam
with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.
Want to know how Home Concierge can help with your listing? Contact me today! CLICK HERE TO LEARN MORE
Source : https://www.familyhandyman.com/list/laundry-room-colors/
YOUR NEIGHBORHOOD ESCROW COMPANY LEARN MORE
RESOLUTION ESCROW SPECIALTIES Take a look at the services that we provide.
Serving the Westside and the Great Los Angeles area since 2010
COMMITTED TO EXCELLENT PERSONALIZED SERVICE, ONE CLIENT AT A TIME LEARN MORE
OUR SPECIALTIES
Residential
Foreclosures
Short Sale/ Probate Sales
Business Transfers
Commercial
1031/ Concurrent Exchange
Vacant Properties
Loans/ Refinances
VENDOR DIRECTORY When it comes to homeownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.
CLICK HERE for your mortgage needs
CLICK HERE for your home warranty needs
CLICK HERE for your home renovation needss
CLICK CLICKHERE HERE for foryour yourinsurance insuranceneeds needs
CLICK HERE for your escrow needs
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Los Angeles What's in the Los Angeles data? There were 11,009 single-family homes for sale, providing 2.7 months of inventory. There were 3,581 new listings, and 2,044 homes sold at a median price of $899k. The median overbid percentage was at 95.6%, with an average of 38 days on the market. There were 4,004 condo and townhome units for sale, providing 2.6 months of inventory. There were 1,372 new listings and 703 units sold at a median sale price of $650k. The median overbid percentage was at 96.9%, with an average of 44 days on the market.
SFH
Single-Family Homes
3,581
2,044
New Listings
Sold Listings
2.7
$899K
Months of Inventory
Median Sale Price
95.6%
38
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
1,372
703
New Listings
Sold Listings
2.6
$650K
Months of Inventory
Median Sale Price
96.9%
44
Median Sale vs List
Avg Days on Market
Los Angeles JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
14,000 12,000 10,000 8,000 6,000 4,000 2,000 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 5,000
4,000
3,000
2,000
1,000
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$1,000,000
$800,000
Single-Family Homes
$600,000
The median sales price has increased from $842k last January 2023, to $899k as of January 2024.
$400,000
$200,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $625k last January 2023, to $650k as of January 2024.
AVG Days On the Market
50
40
Single-Family Homes
30
The average time spent on the market went down from 46 days last January 2023, to 38 days as of January 2024.
20
10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 96.4% last January 2023, to 96.9% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 93.8% last January 2023, to 95.6% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went down from 46 days in January 2023, to 44 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Santa Monica What's in the Santa Monica data? There were 116 single-family homes for sale, providing 6.9 months of inventory. There were 25 new listings, and 15 homes sold at a median price of $3m. The median overbid percentage was at 96.6%, with an average of 33 days on the market. There were 145 condo and townhome units for sale, providing 3.6 months of inventory. There were 50 new listings and 19 units sold at a median sale price of $1.3m. The median overbid percentage was at 93.8%, with an average of 97 days on the market.
SFH
Single-Family Homes
25
15
New Listings
Sold Listings
6.9
$3M
Months of Inventory
Median Sale Price
96.6%
33
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
50
19
New Listings
Sold Listings
3.6
$1.3M
Months of Inventory
Median Sale Price
93.8%
97
Median Sale vs List
Avg Days on Market
Santa Monica JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$10,000,000
$8,000,000
Single-Family Homes
$6,000,000
The median sales price has decreased from $3.1m last January 2023, to $3m as of January 2024.
$4,000,000
$2,000,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $1.1m last January 2023, to $1.3m as of January 2024.
AVG Days On the Market
100
80
Single-Family Homes
60
The average time spent on the market went down from 82 days last January 2023, to 33 days as of January 2024.
40
20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 93.6% last January 2023, to 93.8% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 95.1% last January 2023, to 96.6% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 43 days in January 2023, to 97 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Brentwood What's in the Brentwood data? There were 114 single-family homes for sale, providing 7.1 months of inventory. There were 39 new listings, and 8 homes sold at a median price of $4.5m. The median overbid percentage was at 98.4%, with an average of 40 days on the market. There were 70 condo and townhome units for sale, providing 3.3 months of inventory. There were 23 new listings and 6 units sold at a median sale price of $1.1m. The median overbid percentage was at 91.8%, with an average of 66 days on the market.
SFH
Single-Family Homes
39
8
New Listings
Sold Listings
7.1
$4.5M
Months of Inventory
Median Sale Price
98.4%
40
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
23
6
New Listings
Sold Listings
3.3
$1.1M
Months of Inventory
Median Sale Price
91.8%
66
Median Sale vs List
Avg Days on Market
Brentwood JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 100
80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$7,000,000 $6,000,000 $5,000,000
Single-Family Homes
$4,000,000
The median sales price has increased from $3.6m last January 2023, to $4.5m as of January 2024.
$3,000,000 $2,000,000 $1,000,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $885k last January 2023, to $1.1m as of January 2024.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market went down from 41 days last January 2023, to 40 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 99.4% last January 2023, to 91.8% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 88.9% last January 2023, to 98.4% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 47 days in January 2023, to 66 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Marina Del Rey What's in the Marina Del Rey data? There were 20 single-family homes for sale, providing 3.8 months of inventory. There were 4 new listings, and 0 homes sold at a median price of $0. The median overbid percentage was at 0%, with an average of 62 days on the market. There were 87 condo and townhome units for sale, providing 3.8 months of inventory. There were 24 new listings and 13 units sold at a median sale price of $1.2m. The median overbid percentage was at 94.7%, with an average of 44 days on the market.
SFH
Single-Family Homes
4
0
New Listings
Sold Listings
3.8
$0
Months of Inventory
Median Sale Price
0%
62
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
24
13
New Listings
Sold Listings
3.8
$1.2M
Months of Inventory
Median Sale Price
94.7%
44
Median Sale vs List
Avg Days on Market
Marina Del Rey JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
25
20
15
10
5
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 120 100 80 60 40 20 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$10,000,000
$8,000,000
Single-Family Homes
$6,000,000
The median sales price has decreased from $8.1m last January 2023, to $0 as of January 2024.
$4,000,000
$2,000,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
Ap r2 02 3 M ay 20 23 Ju n 20 23
M ar 20 23
Fe b
20 23
20 23
$0
Ja n
The median sales price has increased from $1.20m last January 2023, to $1.23m as of January 2024.
AVG Days On the Market
120 100 80
Single-Family Homes The average time spent on the market went up from 0 days last January 2023, to 62 days as of January 2024.
60 40 20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 93.5% last January 2023, to 94.7% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has decreased from 88.9% last January 2023, to 0% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 31 days in January 2023, to 44 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Pacific Palisades What's in the Pacific Palisades data? There were 113 single-family homes for sale, providing 6.8 months of inventory. There were 37 new listings, and 11 homes sold at a median price of $4.3m. The median overbid percentage was at 85.4%, with an average of 30 days on the market. There were 20 condo and townhome units for sale, providing 2.8 months of inventory. There were 9 new listings and 4 units sold at a median sale price of $1.1m. The median overbid percentage was at 91.4%, with an average of 24 days on the market.
SFH
Single-Family Homes
37
11
New Listings
Sold Listings
6.8
$4.3M
Months of Inventory
Median Sale Price
85.4%
30
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
9
4
New Listings
Sold Listings
2.8
$1.1M
Months of Inventory
Median Sale Price
91.4%
24
Median Sale vs List
Avg Days on Market
Pacific Palisades JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 50
40
30
20
10
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$7,000,000 $6,000,000 $5,000,000
Single-Family Homes
$4,000,000
The median sales price has increased from $2.8m last January 2023, to $4.3m as of January 2024.
$3,000,000 $2,000,000 $1,000,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $2.7m last January 2023, to $1.1m as of January 2024.
AVG Days On the Market
100
80
Single-Family Homes
60
The average time spent on the market went up from 26 days last January 2023, to 30 days as of January 2024.
40
20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 97.7% last January 2023, to 91.4% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has decreased from 96.6% last January 2023, to 85.4% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 10 days in January 2023, to 24 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Culver City What's in the Culver City data? There were 61 single-family homes for sale, providing 4 months of inventory. There were 21 new listings, and 6 homes sold at a median price of $1.8m. The median overbid percentage was at 97.4%, with an average of 34 days on the market. There were 45 condo and townhome units for sale, providing 1.8 months of inventory. There were 15 new listings and 8 units sold at a median sale price of $645k. The median overbid percentage was at 95.6%, with an average of 52 days on the market.
SFH
Single-Family Homes
21
6
New Listings
Sold Listings
4
$1.8M
Months of Inventory
Median Sale Price
97.4%
34
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
15
8
New Listings
Sold Listings
1.8
$645K
Months of Inventory
Median Sale Price
95.6%
52
Median Sale vs List
Avg Days on Market
Culver City JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
100
80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 50
40
30
20
10
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$2,000,000
$1,500,000
Single-Family Homes The median sales price has increased from $1.4m last January 2023, to $1.8m as of January 2024.
$1,000,000
$500,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $626k last January 2023, to $645k as of January 2024.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market stayed the same from 34 days last January 2023, to 34 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 96.3% last January 2023, to 95.6% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 90% last January 2023, to 97.4% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 13 days in January 2023, to 52 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Sherman Oaks What's in the Sherman Oaks data? There were 160 single-family homes for sale, providing 2.7 months of inventory. There were 46 new listings, and 20 homes sold at a median price of $1.3m. The median overbid percentage was at 98.7%, with an average of 61 days on the market. There were 49 condo and townhome units for sale, providing 2.7 months of inventory. There were 17 new listings and 7 units sold at a median sale price of $720k. The median overbid percentage was at 97.1%, with an average of 66 days on the market.
SFH
Single-Family Homes
46
20
New Listings
Sold Listings
2.7
$1.3M
Months of Inventory
Median Sale Price
98.7%
61
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
17
7
New Listings
Sold Listings
2.7
$720K
Months of Inventory
Median Sale Price
97.1%
66
Median Sale vs List
Avg Days on Market
Sherman Oaks JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 60 50 40 30 20 10 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$2,500,000
$2,000,000
Single-Family Homes
$1,500,000
The median sales price has decreased from $1.7m last January 2023, to $1.3m as of January 2024.
$1,000,000
$500,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $799k last January 2023, to $720k as of January 2024.
AVG Days On the Market
70 60 50
Single-Family Homes
40
The average time spent on the market went up from 30 days last January 2023, to 61 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 96.7% last January 2023, to 97.1% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 92.2% last January 2023, to 98.7% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 42 days in January 2023, to 66 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Studio City What's in the Studio City data? There were 124 single-family homes for sale, providing 4.8 months of inventory. There were 40 new listings, and 16 homes sold at a median price of $1.8m. The median overbid percentage was at 95.3%, with an average of 41 days on the market. There were 40 condo and townhome units for sale, providing 2.3 months of inventory. There were 22 new listings and 6 units sold at a median sale price of $702k. The median overbid percentage was at 100.9%, with an average of 23 days on the market.
SFH
Single-Family Homes
40
16
New Listings
Sold Listings
4.8
$1.8M
Months of Inventory
Median Sale Price
95.3%
41
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
22
6
New Listings
Sold Listings
2.3
$702k
Months of Inventory
Median Sale Price
100.9%
23
Median Sale vs List
Avg Days on Market
Studio City JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
140 120 100 80 60 40 20 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 50
40
30
20
10
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$3,500,000 $3,000,000 $2,500,000
Single-Family Homes
$2,000,000
The median sales price has increased from $1.6m last January 2023, to $1.8m as of January 2024.
$1,500,000 $1,000,000 $500,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $758k last January 2023, to $702k as of January 2024.
AVG Days On the Market
120 100 80
Single-Family Homes The average time spent on the market went up from 28 days last January 2023, to 41 days as of January 2024.
60 40 20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 95.8% last January 2023, to 100.9% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has decreased from 102.8% last January 2023, to 95.3% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went down from 115 days in January 2023, to 23 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Westlake Village What's in the Westlake Village data? There were 97 single-family homes for sale, providing 2.8 months of inventory. There were 32 new listings, and 25 homes sold at a median price of $1.5m. The median overbid percentage was at 97%, with an average of 37 days on the market. There were 41 condo and townhome units for sale, providing 1.3 months of inventory. There were 14 new listings and 12 units sold at a median sale price of $785k. The median overbid percentage was at 97.7%, with an average of 42 days on the market.
SFH
Single-Family Homes
32
25
New Listings
Sold Listings
2.8
$1.5M
Months of Inventory
Median Sale Price
97%
37
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
14
12
New Listings
Sold Listings
1.3
$785K
Months of Inventory
Median Sale Price
97.7%
42
Median Sale vs List
Avg Days on Market
Westlake Village JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
140 120 100 80 60 40 20 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 60 50 40 30 20 10 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$2,500,000
$2,000,000
Single-Family Homes
$1,500,000
The median sales price has increased from $1.2m last January 2023, to $1.5m as of January 2024.
$1,000,000
$500,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $799k last January 2023, to $785k as of January 2024.
AVG Days On the Market
100
80
Single-Family Homes
60
The average time spent on the market went down from 48 days last January 2023, to 37 days as of January 2024.
40
20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 97.9% last January 2023, to 97.7% a year later.
40%
20 23
Condos & Townhomes
60%
Fe b
The overbid percentage has increased from 95.5% last January 2023, to 97% a year later.
80%
20 23
Single-Family Homes
The average time spent on the market went down from 94 days in January 2023, to 42 days. as of January 2024.
100%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Playa Del Rey What's in the Playa Del Rey data? There were 18 single-family homes for sale, providing 2 months of inventory. There were 5 new listings, and 1 home sold at a median price of $2m. The median overbid percentage was at 111.1%, with an average of 66 days on the market. There were 28 condo and townhome units for sale, providing 2.2 months of inventory. There were 9 new listings and 3 units sold at a median sale price of $830k. The median overbid percentage was at 99.3%, with an average of 36 days on the market.
SFH
Single-Family Homes
5
1
New Listings
Sold Listing
2
$2M
Months of Inventory
Median Sale Price
111.1% 66 Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
9
3
New Listings
Sold Listings
2.2
$830K
Months of Inventory
Median Sale Price
99.3%
36
Median Sale vs List
Avg Days on Market
Playa Del Rey JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
25
20
15
10
5
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 40
30
20
10
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$3,500,000 $3,000,000 $2,500,000
Single-Family Homes
$2,000,000
The median sales price has increased from $1.6m last January 2023, to $2m as of January 2024.
$1,500,000 $1,000,000 $500,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $765k last January 2023, to $830k as of January 2024.
AVG Days On the Market
250
200
Single-Family Homes
150
The average time spent on the market went down from 79 days last January 2023, to 66 days as of January 2024.
100
50
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 98.3% last January 2023, to 99.3% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 96.4% last January 2023, to 111.1% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went down from 52 days in January 2023, to 36 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Venice What's in the Venice data? There were 129 single-family homes for sale, providing 6.3 months of inventory. There were 39 new listings, and 11 homes sold at a median price of $2.4m. The median overbid percentage was at 85.5%, with an average of 40 days on the market. There were 18 condo and townhome units for sale, providing 6.5 months of inventory. There were 5 new listings and 4 units sold at a median sale price of $1.4m. The median overbid percentage was at 98.4%, with an average of 30 days on the market.
SFH
Single-Family Homes
39
11
New Listings
Sold Listings
6.3
$2.4M
Months of Inventory
Median Sale Price
85.5%
40
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
5
4
New Listings
Sold Listings
6.5
$1.4M
Months of Inventory
Median Sale Price
98.4%
30
Median Sale vs List
Avg Days on Market
Venice L I S T INGS FOR S A L E
S O L D LISTINGS
200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 25
20
15
10
5
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$3,500,000 $3,000,000 $2,500,000
Single-Family Homes
$2,000,000
The median sales price has increased from $1.9m last January 2023, to $2.4m as of January 2024.
$1,500,000 $1,000,000 $500,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $1.5m last January 2023, to $1.4m as of January 2024.
AVG Days On the Market
100.
80.
Single-Family Homes
60.
The average time spent on the market went down from 42 days last January 2023, to 40 days as of January 2024.
40.
20.
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 95.6% last January 2023, to 98.4% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has decreased from 89.5% last January 2023, to 85.5% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went down from 42 days in January 2023, to 30 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0.
West Hollywood What's in the West Hollywood data? There were 53 single-family homes for sale, providing 13.3 months of inventory. There were 10 new listings, and 1 home sold at a median price of $1.3m. The median overbid percentage was at 93.2%, with an average of 33 days on the market. There were 170 condo and townhome units for sale, providing 6.5 months of inventory. There were 48 new listings and 18 units sold at a median sale price of $862k. The median overbid percentage was at 94.3%, with an average of 54 days on the market.
SFH
Single-Family Homes
10
1
New Listings
Sold Listing
13.3
$1.3M
Months of Inventory
Median Sale Price
93.2%
33
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
48
18
New Listings
Sold Listings
6.5
$862K
Months of Inventory
Median Sale Price
94.3%
54
Median Sale vs List
Avg Days on Market
West Hollywood JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
60 50 40 30 20 10 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$3,000,000 $2,500,000 $2,000,000
Single-Family Homes The median sales price has decreased from $1.8m last January 2023, to $1.3m as of January 2024.
$1,500,000 $1,000,000 $500,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $1.3m last January 2023, to $862k as of January 2024.
AVG Days On the Market
140 120 100
Single-Family Homes
80
The average time spent on the market went down from 77 days last January 2023, to 33 days as of January 2024.
60 40 20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 99.4% last January 2023, to 94.3% a year later.
40%
20 23
Condos & Townhomes
60%
Fe b
The overbid percentage has remained the same at 93.2% last January 2023, to 93.2% a year later.
80%
20 23
Single-Family Homes
The average time spent on the market went up from 21 days in January 2023, to 54 days. as of January 2024.
100%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Beverly Hills What's in the Beverly Hills data? There were 259 single-family homes for sale, providing 10.4 months of inventory. There were 62 new listings, and 16 homes sold at a median price of $7m. The median overbid percentage was at 85.9%, with an average of 38 days on the market. There were 70 condo and townhome units for sale, providing 19.3 months of inventory. There were 13 new listings and 8 units sold at a median sale price of $1.4m. The median overbid percentage was at 94.3%, with an average of 123 days on the market.
SFH
Single-Family Homes
62
16
New Listings
Sold Listings
10.4
$7M
Months of Inventory
Median Sale Price
85.9%
38
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
13
8
New Listings
Sold Listings
19.3
$1.4M
Months of Inventory
Median Sale Price
94.3%
123
Median Sale vs List
Avg Days on Market
Beverly Hills JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
300 250 200 150 100 50 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 100
80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$10,000,000
$8,000,000
Single-Family Homes
$6,000,000
The median sales price has increased from $4.7m last January 2023, to $7m as of January 2024.
$4,000,000
$2,000,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $3.2m last January 2023, to $1.4m as of January 2024.
AVG Days On the Market
140. 120. 100.
Single-Family Homes
80.
The average time spent on the market remained the same at 38 days last January 2023, to 38 days as of January 2024.
60. 40. 20.
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 96.5% last January 2023, to 94.3% a year later.
40%
20 23
Condos & Townhomes
60%
Fe b
The overbid percentage has decreased from 93.7% last January 2023, to 85.9% a year later.
80%
20 23
Single-Family Homes
The average time spent on the market went up from 47 days in January 2023, to 123 days. as of January 2024.
100%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0.
Riverside County What's in the Riverside County data? There were 8,003 single-family homes for sale, providing 2.6 months of inventory. There were 2,355 new listings, and 1,366 homes sold at a median price of $599k. The median overbid percentage was at 96.4%, with an average of 48 days on the market. There were 1,740 condo and townhome units for sale, providing 3.2 months of inventory. There were 499 new listings and 234 units sold at a median sale price of $469k. The median overbid percentage was at 95.6%, with an average of 52 days on the market.
SFH
Single-Family Homes
2,355
1,366
New Listings
Sold Listings
2.6
$599K
Months of Inventory
Median Sale Price
96.4%
48
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
499
234
New Listings
Sold Listings
3.2
$469K
Months of Inventory
Median Sale Price
95.6%
52
Median Sale vs List
Avg Days on Market
Riverside County JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
10,000
8,000
6,000
4,000
2,000
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 2,000
1,500
1,000
500
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$700,000 $600,000 $500,000
Single-Family Homes
$400,000
The median sales price has increased from $560k last January 2023, to $599k as of January 2024.
$300,000 $200,000 $100,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $417k last January 2023, to $469k as of January 2024.
AVG Days On the Market
60 50 40
Single-Family Homes The average time spent on the market went down from 58 days last January 2023, to 48 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 95.5% last January 2023, to 95.6% a year later.
40%
20 23
Condos & Townhomes
60%
Fe b
The overbid percentage has increased from 94.2% last January 2023, to 96.4% a year later.
80%
20 23
Single-Family Homes
The average time spent on the market went up from 48 days in January 2023, to 52 days. as of January 2024.
100%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Encino What's in the Encino data? There were 176 single-family homes for sale, providing 5.3 months of inventory. There were 68 new listings, and 16 homes sold at a median price of $2.3m. The median overbid percentage was at 93.1%, with an average of 46 days on the market. There were 46 condo and townhome units for sale, providing 1.9 months of inventory. There were 17 new listings and 9 units sold at a median sale price of $575k. The median overbid percentage was at 94%, with an average of 52 days on the market.
SFH
Single-Family Homes
68
16
New Listings
Sold Listings
5.3
$2.3M
Months of Inventory
Median Sale Price
93.1%
46
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
17
9
New Listings
Sold Listings
1.9
$575K
Months of Inventory
Median Sale Price
94%
52
Median Sale vs List
Avg Days on Market
Encino JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
200
150
100
50
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$3,500,000 $3,000,000 $2,500,000
Single-Family Homes
$2,000,000
The median sales price has increased from $2.2m last January 2023, to $2.3m as of January 2024.
$1,500,000 $1,000,000 $500,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $562k last January 2023, to $575k as of January 2024.
AVG Days On the Market
60 50 40
Single-Family Homes The average time spent on the market went up from 36 days last January 2023, to 46 days as of January 2024.
30 20 10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 91.5% last January 2023, to 94% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has decreased from 93.2% last January 2023, to 93.1% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 43 days in January 2023, to 52 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
San Diego County What's in the San Diego County data? There were 4,680 single-family homes for sale, providing 2.3 months of inventory. There were 1,566 new listings, and 932 homes sold at a median price of $955k. The median overbid percentage was at 96.9%, with an average of 31 days on the market. There were 2,308 condo and townhome units for sale, providing 2.1 months of inventory. There were 879 new listings and 477 units sold at a median sale price of $640k. The median overbid percentage was at 97.7%, with an average of 27 days on the market.
SFH
Single-Family Homes
1,566
932
New Listings
Sold Listings
2.3
$955K
Months of Inventory
Median Sale Price
96.9%
31
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
879
477
New Listings
Sold Listings
2.1
$640K
Months of Inventory
Median Sale Price
97.7%
27
Median Sale vs List
Avg Days on Market
San Diego County JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
6,000 5,000 4,000 3,000 2,000 1,000 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 2,500
2,000
1,500
1,000
500
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$1,200,000 $1,000,000 $800,000
Single-Family Homes The median sales price has increased from $840k last January 2023, to $955k as of January 2024.
$600,000 $400,000 $200,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $585k last January 2023, to $640k as of January 2024.
AVG Days On the Market
40
30
Single-Family Homes The average time spent on the market went down from 40 days last January 2023, to 31 days as of January 2024.
20
10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 96.2% last January 2023, to 97.7% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 93.5% last January 2023, to 96.9% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went down from 34 days in January 2023, to 27 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Inglewood What's in the Inglewood data? There were 76 single-family homes for sale, providing 2.7 months of inventory. There were 22 new listings, and 12 homes sold at a median price of $766k. The median overbid percentage was at 98.6%, with an average of 62 days on the market. There were 43 condo and townhome units for sale, providing 1.9 months of inventory. There were 13 new listings and 8 units sold at a median sale price of $439k. The median overbid percentage was at 87.4%, with an average of 56 days on the market.
SFH
Single-Family Homes
22
12
New Listings
Sold Listings
2.7
$766K
Months of Inventory
Median Sale Price
98.6%
62
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
13
8
New Listings
Sold Listings
1.9
$439K
Months of Inventory
Median Sale Price
87.4%
56
Median Sale vs List
Avg Days on Market
Inglewood JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
100
80
60
40
20
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 60 50 40 30 20 10 0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$1,000,000
$800,000
Single-Family Homes
$600,000
The median sales price has decreased from $815k last January 2023, to $766k as of January 2024.
$400,000
$200,000
Condos & Townhomes 20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has decreased from $525k last January 2023, to $439k as of January 2024.
AVG Days On the Market
120 100 80
Single-Family Homes The average time spent on the market went up from 50 days last January 2023, to 62 days as of January 2024.
60 40 20
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has decreased from 95.4% last January 2023, to 87.4% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 95.3% last January 2023, to 98.6% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went up from 32 days in January 2023, to 56 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Orange County What's in the Orange County data? There were 2,956 single-family homes for sale, providing 1.8 months of inventory. There were 1,047 new listings, and 692 homes sold at a median price of $1.3m. The median overbid percentage was at 96.5%, with an average of 33 days on the market. There were 1,500 condo and townhome units for sale, providing 1.5 months of inventory. There were 635 new listings and 425 units sold at a median sale price of $725k. The median overbid percentage was at 98.4%, with an average of 31 days on the market.
SFH
Single-Family Homes
1,047
692
New Listings
Sold Listings
1.8
$1.3M
Months of Inventory
Median Sale Price
96.5%
33
Median Sale vs List
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2023 to January 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
CONDO
Condo & Townhomes
635
425
New Listings
Sold Listings
1.5
$725K
Months of Inventory
Median Sale Price
98.4%
31
Median Sale vs List
Avg Days on Market
Orange County JANUARY 2023 - JANUARY 2024
L I S T INGS FOR S A L E
S O L D LISTINGS
5,000
4,000
3,000
2,000
1,000
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Single-Family Homes Last 12 months, year-over-year. 2,500
2,000
1,500
1,000
500
0
Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023
Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
$1,400,000 $1,200,000 $1,000,000
Single-Family Homes
$800,000
The median sales price has increased from $1.1m last January 2023, to $1.3m as of January 2024.
$600,000 $400,000 $200,000
Condos & Townhomes
20 24 Ja n
20 23
De c
N ov
20 23
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
M ar 20 23
Fe b
20 23
20 23 Ja n
Ap r2 02 3 M ay 20 23 Ju n 20 23
$0
The median sales price has increased from $655k last January 2023, to $725k as of January 2024.
AVG Days On the Market
50
40
Single-Family Homes
30
The average time spent on the market went down from 47 days last January 2023, to 33 days as of January 2024.
20
10
Condos & Townhomes
Back to Table of Contents
20 24 Ja n
20 23
De c
20 23
N ov
Se p
O ct 20 23
20 23
20 23
Au g
40% 20%
20 24 Ja n
20 23
De c
20 23
N ov
O ct 20 23
20 23
Se p
20 23
Au g
Ju l2 02 3
20 23 Ju n
20 23
M ay
Ap r2 02 3
0%
M ar 20 23
The overbid percentage has increased from 95.5% last January 2023, to 98.4% a year later.
60%
20 23
Condos & Townhomes
80%
Fe b
The overbid percentage has increased from 92.4% last January 2023, to 96.5% a year later.
100%
20 23
Single-Family Homes
The average time spent on the market went down from 45 days in January 2023, to 31 days. as of January 2024.
120%
Ja n
Overbids
Ju l2 02 3
Ju n
20 23
20 23
M ay
Ap r2 02 3
M ar 20 23
20 23
Fe b
Ja n
20 23
0
Keller Williams Brentwood 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States
Keller Williams Marina Del Rey 444 Washington Blvd Marina Del Rey, CA 90292, United States
Keller Williams Pacific Palisades 845 Vía De La Paz, Pacific Palisades, CA 90272, United States
Angela Justice Realtor ® DRE #0217737 (310) 978-7731 AngelaJusticellc@Yahoo.com www.AngelaJustice.Kw.com