Angela Justice - September 2024 Market Report - Southern California Area

Page 1


Angela Justice

Southern California area

Los Angeles

Jump to Los Angeles Report

Santa Monica

Jump to Santa Monica Report

Brentwood

Jump to Brentwood Report

Marina Del Rey

Jump to Marina Del Rey Report

Pacific Palisades

Jump to Pacific Palisades Report

Culver City

Jump to Culver City Report

Sherman Oaks

Jump to Sherman Oaks Report

Studio City

Jump to Studio City Report

Westlake Village

Jump to Westlake Village Report

Playa Del Rey

Jump to Playa Del Rey Report

Venice

Jump to Venice Report

West Hollywood

Jump to West Hollywood Report

Beverly Hills

Jump to Beverly Hills Report

Riverside County

Jump to Riverside County Report

Encino

Jump to Encino Report

San Diego County

Jump to San Diego County Report

Inglewood

Jump to Inglewood Report

Orange County

Jump to Orange County Report

Topanga City

Jump to Topanga City Report

What’syourhome reallyworthin today’smarket?

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?

Contact me for a confidential, no obligation assessment of your home's value.

TheLifestyleFactorsThatCould TiptheScale

Are you on the fence about whether to sell your house now or hold off? It’s a common dilemma, but here’s a key point to consider: your lifestyle might be the biggest factor in your decision. While financial aspects are important, sometimes the personal motivations for moving are reason enough to make the leap sooner rather than later.

An annual report from the National Association of Realtors (NAR) offers insight into why homeowners like you chose to sell. All of the top reasons are related to life changes. As the graph below highlights:

Smart Strategies for a Mortgage Application

Avoid paying off debts or collections without professional advice.

Don't have your credit report pulled too many times - this can hurt your credit score. 3 4 5 6 1 2

Always consult your mortgage professional before making large financial moves. Use verified funds for deposits to prevent closing delays.

PROTECT

WHAT YOU DON’T EXPECT

You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.

CLICK HERE TO WATCH THE VIDEO

Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

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 lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn 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.

Source : https://www familyhandyman com/list/laundry-room-colors/

YOUR NEIGHBORHOOD ESCROW COMPANY

RESOLUTIONESCROW SPECIALTIES

Take a look at the services that we provide.

VENDOR DIRECTORY

When it comes to home ownership, 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.

LosAngeles

What's in the Los Angeles data?

There were 14,954 single-family homes for sale, providing 3 months of inventory. There were 4,146 new listings, and 3,033 homes sold at a median price of $1m. The median overbid percentage was at 97.5%, with an average of 34 days on the market.

There were 5,746 condo and townhome units for sale, providing 3 1 months of inventory There were 1,644 new listings and 1,192 units sold at a median sale price of $699k. The median overbid percentage was at 98%, with an average of 36 days on the market.

SFH

Single-Family Homes

4,146 New Listings

3,033 Sold Listings

3 Months of Inventory

$1M Median Sale Price

97.5%

Median Sale vs List

34 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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 & Townhomes

1,644

New Listings

1,192

Sold Listings

3.1

Months of Inventory

$699K

Median Sale Price 98%

Median Sale vs List 36 Avg Days on Market

LosAngeles

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $948k last August 2023, to $1m as of August 2024

Condos & Townhomes

The median sale price has increased from $660k last August 2023, to $699k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 28 days last August 2023, to 34 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 31 days in August 2023, to 36 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 3% last August 2023, to 97 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.3% last August 2023, to 98% a year later.

Santa Monica

What's in the Santa Monica

data?

There were 137 single-family homes for sale, providing 8.2 months of inventory. There were 30 new listings, and 13 homes sold at a median price of $3.2m. The median overbid percentage was at 96 9%, with an average of 22 days on the market

There were 187 condo and townhome units for sale, providing 3.7 months of inventory. There were 59 new listings and 31 units sold at a median sale price of $1.2m. The median overbid percentage was at 95.9%, with an average of 43 days on the market.

Single-Family Homes

30 New Listings

13 Sold Listings

8.2 Months of Inventory

$3.2M Median Sale Price

96.9% Median Sale vs List

22 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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 & Townhomes

59

New Listings

31 Sold Listings

3.7

Months of Inventory

$1.2M

Median Sale Price 95.9%

Median Sale vs List

43 Avg Days on Market

SantaMonica

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $3 8m last August 2023, to $3 2m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 25m last August 2023, to $1 20m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 39 days last August 2023, to 22 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 40 days in August 2023, to 43 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92 8% last August 2023, to 96 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.4% last August 2023, to 95.9% a year later.

Brentwood

What's in the Brentwood data?

There were 140 single-family homes for sale, providing 7.1 months of inventory. There were 25 new listings, and 14 homes sold at a median price of $4.5m. The median overbid percentage was at 95.7%, with an average of 57 days on the market.

There were 82 condo and townhome units for sale, providing 3.3 months of inventory. There were 22 new listings and 15 units sold at a median sale price of $950k. The median overbid percentage was at 95%, with an average of 43 days on the market.

Single-Family Homes

25 New Listings

14 Sold Listings

7.1 Months of Inventory

$4.5M Median Sale Price

95.7% Median Sale vs List

57 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

22

New Listings

15

Sold Listings

3.3

Months of Inventory

$950K

Median Sale Price 95%

Median Sale vs List

43 Avg Days on Market

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 3m last August 2023, to $4 5m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1m last August 2023, to $950k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 44 days last August 2023, to 57 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 28 days in August 2023, to 43 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 9% last August 2023, to 95 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.1% last August 2023, to 95% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 31 single-family homes for sale, providing 14 months of inventory. There were 4 new listings, and 1 home sold at a median price of $1.6m. The median overbid percentage was at 93 1%, with an average of 58 days on the market

There were 126 condo and townhome units for sale, providing 4.3 months of inventory. There were 41 new listings and 16 units sold at a median sale price of $1.2m. The median overbid percentage was at 93.3%, with an average of 34 days on the market.

Single-Family Homes

4 New Listings

1 Sold Listing

14 Months of Inventory

$1.6M Median Sale Price

93.1%

Median Sale vs List

58 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

New Listings 4.3

Months of Inventory 93.3%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 9m last August 2023, to $1 6m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 3m last August 2023, to $1 2m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 46 days last August 2023, to 58 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 33 days in August 2023, to 34 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 95% last August 2023, to 93 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.6% last August 2023, to 93.3% a year later.

Pacific Palisades

What's in the Pacific Palisades data?

There were 136 single-family homes for sale, providing 5.4 months of inventory. There were 32 new listings, and 20 homes sold at a median price of $3.8m. The median overbid percentage was at 93 8%, with an average of 50 days on the market

There were 25 condo and townhome units for sale, providing 10 months of inventory. There were 5 new listings and 5 units sold at a median sale price of $1.3m. The median overbid percentage was at 95.1%, with an average of 18 days on the market.

Single-Family Homes

32 New Listings

20 Sold Listings

5.4 Months of Inventory

$3.8M Median Sale Price

93.8% Median Sale vs List

50 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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

& Townhomes

5

New Listings

5 Sold Listings

10

Months of Inventory

$1.3M

Median Sale Price 95.1%

Median Sale vs List 18 Avg Days on Market

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $3 9m last August 2023, to $3 8m as of August 2024

Condos & Townhomes

The median sale price has increased from $1 38m last August 2023, to $1 30m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 46 days last August 2023, to 50 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 36 days in August 2023, to 18 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 90 6% last August 2023, to 93 8% a year later

Condos & Townhomes

The overbid percentage has increased from 92.6% last August 2023, to 95.1% a year later.

Cul City

What's in

There were 7 providing 3.8 new listings, of $1.8m. Th 97.3%, with a

There were 6 sale, providin were 14 new sale price of percentage w days on the m

Homes

15 Sold Listings

$1.8M

Median Sale Price

21 Avg Days on Market

Metrics, includes all single-family homes, condos and from August 2023 to August 2024. This may include the time the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

14

New Listings

15 Sold Listings

1.8

Months of Inventory

$650K

Median Sale Price 99.7%

Median Sale vs List

30 Avg Days on Market

AUGUST 2023 - AUGUST 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last August 2023, to $1 8m as of August 2024

Condos & Townhomes

The median sale price has decreased from $693k last August 2023, to $650k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 28 days last August 2023, to 21 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 26 days in August 2023, to 30 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 5% last August 2023, to 97 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.3% last August 2023, to 99.7% a year later.

Sherman Oaks

What's in the Sherman Oaks data?

There were 226 single-family homes for sale, providing 4.5 months of inventory. There were 57 new listings, and 41 homes sold at a median price of $1.9m. The median overbid percentage was at 98 2%, with an average of 29 days on the market

There were 91 condo and townhome units for sale, providing 3.5 months of inventory. There were 30 new listings and 18 units sold at a median sale price of $667k. The median overbid percentage was at 97%, with an average of 28 days on the market.

gle-Family Homes

7 istings

41 Sold Listings

5 s of Inventory

$1.9M Median Sale Price

8.2% n Sale vs List

29 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

30

New Listings

18 Sold Listings

3.5

Months of Inventory $667K

Median Sale Price 97%

Median Sale vs List

28 Avg Days on Market

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last August 2023, to $1 9m as of August 2024

Condos & Townhomes

The median sale price has decreased from $685k last August 2023, to $667k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 29 days last August 2023, to 29 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 24 days in August 2023, to 28 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 6% last August 2023, to 98 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.5% last August 2023, to 97% a year later.

Studio

What's in the Stud

There were 159 single-family providing 4.7 months of inve new listings, and 21 homes s of $2.2m. The median overbi 96.4%, with an average of 38

There were 54 condo and tow sale, providing 4.1 months of were 18 new listings and 7 u sale price of $839k. The med percentage was at 98.8%, wit days on the market.

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated. 2M Price Market

Months of 98. Median S

Aug2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last August 2023, to $2 2m as of August 2024

Condos & Townhomes

The median sale price has increased from $814k last August 2023, to $839k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 33 days last August 2023, to 38 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in August 2023, to 26 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 1% last August 2023, to 96 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 103.2% last August 2023, to 98.8% a year later.

Westlak Village

What's in the West data?

There were 132 single-family providing 2.4 months of inve new listings, and 18 homes s of $1.8m. The median overbi 97 3%, with an average of 58

There were 62 condo and tow sale, providing 2.6 months of were 18 new listings and 12 sale price of $1m. The media was at 95.8%, with an averag market.

8M

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

New Listings

2.6

Months of Inventory 95.8%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2m last August 2023, to $1 8m as of August 2024

Condos & Townhomes

The median sale price has increased from $755k last August 2023, to $1m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 47 days last August 2023, to 58 days as of August 2024

Condos & Townhomes

The average time spent on the market remained the same from 38 days in August 2023, to 38 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98% last August 2023, to 97 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.6% last August 2023, to 95.8% a year later.

Playa DelRey

What's in the Playa Del Rey

data?

There were 24 single-family homes for sale, providing 6 months of inventory. There were 6 new listings, and 1 home sold at a median price of $2.1m. The median overbid percentage was at 98 2%, with an average of 40 days on the market

There were 51 condo and townhome units for sale, providing 5 months of inventory. There were 12 new listings and 11 units sold at a median sale price of $729k. The median overbid percentage was at 97.3%, with an average of 33 days on the market.

Single-Family Homes

6 New Listings

1 Sold Listing

6 Months of Inventory

$2.1M Median Sale Price

98.2% Median Sale vs List

40 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 2m last August 2023, to $2 1m as of August 2024

Condos & Townhomes

The median sale price has decreased from $860k last August 2023, to $729k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 49 days last August 2023, to 40 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in August 2023, to 33 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98% last August 2023, to 98 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.9% last August 2023, to 97.3% a year later.

Venice

What's in the Venice data?

There were 161 single-family homes for sale, providing 6.9 months of inventory. There were 25 new listings, and 18 homes sold at a median price of $1.9m. The median overbid percentage was at 96.6%, with an average of 46 days on the market.

There were 32 condo and townhome units for sale, providing 8.3 months of inventory. There were 13 new listings and 2 units sold at a median sale price of $1.6m. The median overbid percentage was at 100.5%, with an average of 119 days on the market.

Single-Family Homes

25 ew Listings

18 Sold Listings

6.9 Months of Inventory

$1.9M Median Sale Price

96.6%

Median Sale vs List

46 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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 & Townhomes

13

New Listings

2

Sold Listings

8.3

Months of Inventory

$1.6M

Median Sale Price

100.5%

Median Sale vs List

119 Avg Days on Market

Venice

AUGUST 2023 - AUGUST 2024 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 5m last August 2023, to $1 9m as of August 2024

Condos & Townhomes

The median sale price has decreased from $1 67m last August 2023, to $1 60m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 35 days last August 2023, to 46 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 92 days in August 2023, to 119 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 1% last August 2023, to 96 6% a year later

Condos & Townhomes

The overbid percentage has increased from 93.6% last August 2023, to 100.5% a year later.

West Hollywood

What's in the West Hollywood data?

There were 72 single-family homes for sale, providing 14.8 months of inventory. There were new listings, and 4 homes sold at a median pric of $2m. The median overbid percentage was at 99.5%, with an average of 58 days on the marke

There were 206 condo and townhome units for sale, providing 5.6 months of inventory. There were 51 new listings and 29 units sold at a med sale price of $907k. The median overbid percentage was at 94.1%, with an average of 43 days on the market.

Single-Family Homes

12 New Listings

4 Sold Listings

14.8 Months of Inventory

$2M Median Sale Price

99.5% Median Sale vs List

58 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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 & Townhomes

51

New Listings

29 Sold Listings

5.6

Months of Inventory

$907K

Median Sale Price 94.1%

Median Sale vs List

43 Avg Days on Market

AUGUST 2023 - AUGUST 2024

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last August 2023, to $2m as of August 2024

Condos & Townhomes

The median sale price has decreased from $950k last August 2023, to $907k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 59 days last August 2023, to 58 days as of August 2024

Condos & Townhomes

The average time spent on the market went down from 62 days in August 2023, to 43 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 3% last August 2023, to 99 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 97% last August 2023, to 94.1% a year later.

Beverly Hills

What's in the Beverly Hills data?

There were 318 single-family homes for sale, providing 9.1 months of inventory. There were 54 new listings, and 25 homes sold at a median price of $3.3m. The median overbid percentage was at 87 2%, with an average of 63 days on the market

There were 89 condo and townhome units for sale, providing 5.2 months of inventory. There were 13 new listings and 9 units sold at a median sale price of $1.4m. The median overbid percentage was at 93.6%, with an average of 77 days on the market.

gle-Family Homes

4 stings

25 Sold Listings

1 s of Inventory

$3.3M Median Sale Price

7.2% n Sale vs List

63 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 2024. This may include data, and may vary from the time the data was gathered. All data is deemed but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

New Listings 5.2

Months of Inventory 93.6%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $4 9m last August 2023, to $3 3m as of August 2024

Condos & Townhomes

The median sale price has increased from $1 1m last August 2023, to $1 4m as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 51 days last August 2023, to 63 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 34 days in August 2023, to 77 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 82 4% last August 2023, to 87 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 93.8% last August 2023, to 93.6% a year later.

Riverside County

What's in the Riverside County data?

There were 9,297 single-family homes for sale, providing 3.1 months of inventory. There were 2,526 new listings, and 1,837 homes sold at a median price of $624k. The median overbid percentage was at 97.4%, with an average of 40 days on the market

There were 1,766 condo and townhome units for sale, providing 4.1 months of inventory. There were 364 new listings and 285 units sold at a median sale price of $450k. The median overbid percentage was at 96%, with an average of 58 days on the market.

Single-Family Homes

2,526 New Listings

1,837 Sold Listings

3.1 Months of Inventory

$624K Median Sale Price

97.4%

Median Sale vs List

40 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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 & To

New Listings

4.1 Months of Inventory $ M 96%

Median Sale vs List Av

Median SalesPrice

Single-Family Homes

The median sale price has increased from $605k last August 2023, to $624k as of August 2024

Condos & Townhomes

The median sale price has remained the same from $450k last August 2023, to $450k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 35 days last August 2023, to 40 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 45 days in August 2023, to 58 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 4% last August 2023, to 97 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.1% last August 2023, to 96% a year later.

Encino

What's in the Encino data?

There were 223 single-family homes for sale, providing 6.8 months of inventory. There were 51 new listings, and 31 homes sold at a median price of $1.9m. The median overbid percentage was at 94%, with an average of 24 days on the market.

There were 93 condo and townhome units for sale, providing 2.8 months of inventory. There were 30 new listings and 19 units sold at a median sale price of $525k. The median overbid percentage was at 98.6%, with an average of 31 days on the market.

mily Homes

31 Sold Listings

$1.9M Median Sale Price

Broker Metrics, includes all single-family homes, condos and California Area from August 2023 to August 2024. This may include vary from the time the data was gathered. All data is deemed guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated. ory

24 Avg Days on Market

30

New Listings

19 Sold Listings

2.8

Months of Inventory

$525K

Median Sale Price 98.6%

Median Sale vs List

31 Avg Days on Market

AUGUST 2023 - AUGUST 2024

TINGS FOR SALE SOLD LISTINGS

Family Homes months, year-over-year.

s & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 5m last August 2023, to $1 9m as of August 2024

Condos & Townhomes

The median sale price has increased from $495k last August 2023, to $525k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 32 days last August 2023, to 24 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 19 days in August 2023, to 31 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 4% last August 2023, to 94% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last August 2023, to 98.6% a year later.

San Cou

What's in t data?

There were 6,55 providing 2.9 mo 1,938 new listing median price of percentage was days on the mar

There were 3,27 sale, providing 3 were 978 new lis median sale pric percentage was days on the mar

and include deemed Monica |

Ne Months of 97. Median S

Aug2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1m last August 2023, to $1 04m as of August 2024

Condos & Townhomes

The median sale price has decreased from $675k last August 2023, to $667k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last August 2023, to 28 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 19 days in August 2023, to 32 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 7% last August 2023, to 97 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.8% last August 2023, to 97.2% a year later.

Inglewood

What's in the Inglewood data?

There were 105 single-family homes for sale, providing 2.5 months of inventory. There were 27 new listings, and 16 homes sold at a median price of $770k. The median overbid percentage was at 99.4%, with an average of 52 days on the market.

There were 52 condo and townhome units for sale, providing 3.2 months of inventory. There were 11 new listings and 8 units sold at a median sale price of $539k. The median overbid percentage was at 96.7%, with an average of 63 days on the market.

Single-Family Homes

27 New Listings

16 Sold Listings

2.5 Months of Inventory

$770K Median Sale Price

99.4% Median Sale vs List

52 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2023 to August 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.

New Listings

3.2

Months of Inventory $539K

Median Sale Pric 96.7%

Median Sale vs List 63 Avg Days on Marke 8 Sold Listing

AUGUST 2023 - AUGUST 2024

year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $745k last August 2023, to $770k as of August 2024

Condos & Townhomes

The median sale price has increased from $497k last August 2023, to $539k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last August 2023, to 52 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 51 days in August 2023, to 63 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 99 3% last August 2023, to 99 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.1% last August 2023, to 96.7% a year later.

Ora Cou

What's in t data?

There were 4,51 providing 2.4 mo 1,356 new listing median price of percentage was days on the mar

There were 2,13 sale, providing 2 were 699 new lis median sale pric percentage was days on the mar

and include deemed Monica |

geCounty

AUGUST 2023 - AUGUST 2024

mes year-over-year. omes year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 2m last August 2023, to $1 3m as of August 2024

Condos & Townhomes

The median sale price has decreased from $774k last August 2023, to $770k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last August 2023, to 28 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in August 2023, to 28 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97 5% last August 2023, to 96 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.1% last August 2023, to 98.8% a year later.

Topang City

What's in the Topa data?

There were 64 single-family h providing 11.8 months of inv new listings, and 5 homes so of $2.2m. The median overbi 97 5%, with an average of 53

There were 5 condo and tow providing 4 months of invent new listing and 2 units sold a of $792k. The median overbi 95.8%, with an average of 64

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated. 2M

Price Market

New Listings

2 Sold Listings

4 Months of Inventory $792K Median Sale Price 95.8%

Median Sale vs List 64 Avg Days on Market

anga

AUGUST 2023 - AUGUST 2024

FOR SALE SOLD LISTINGS

Homes s, year-over-year.

nhomes s, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 4m last August 2023, to $2 2m as of August 2024

Condos & Townhomes

The median sale price has increased from $0 last August 2023, to $792k as of August 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 46 days last August 2023, to 53 days as of August 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in August 2023, to 64 days as of August 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 3% last August 2023, to 97 5% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last August 2023, to 95.8% a year later.

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