Chinai~Naples Team - Southern California Area - July 2023 Market Report (1)

Page 1

Copyright by KW Advisors 2023

Southern California area

SantaMonica

Jump to Santa Monica Report

Brentwood

Jump to Brentwood Report

MarinaDelRey

Jump to Marina Del Rey Report

PacificPalisades

Jump to Pacific Palisades Report

Venice

Jump to Venice Report

WestHollywood

Jump to West Hollywood Report

BeverlyHills

Jump to Beverly Hills Report

RiversideCounty

Jump to Riverside County Report

SanDiegoCounty

Jump to San Diego County Report

OrangeCounty

Jump to Orange County Report

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?

REALTOR® | DRE #01446635 (310) 503-2185 (778) 513-0305 Surinder@ChinaiNaplesTeam com www ChinaiNaplesTeam com REALTOR® | DRE #02201796 (310) 386-5647 Paula@ChinaiNaplesTeam.com www ChinaiNaplesTeam com Wecanhelp... Contact us for a confidential, no obligation assessment of your home's value. We love referrals! If you have any friends, family, clients, or colleagues who are planning on buying, selling, or leasing a coastal or desert home in Southern California, please pass along our information
Canadian and USA Clients Welcome!
What’syourhomereally worthintoday’smarket? SurinderChinai PaulaNaples

TwoQuestionsToAsk YourselfifYou’reConsidering BuyingaHome

If you’re thinking of buying a home, chances are you’re paying attention to almost everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.

To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you decide.

SantaMonica

What's in the Santa Monica data?

There were 145 single-family homes for sale, providing 4 7 months of inventory. There were 30 new listings and 17 homes sold at a median price of $3.4m. The median overbid percentage was 98.3%, with an average of 39 days on the market

There were 139 condo and townhome units for sale, providing 3 months of inventory. There were 53 new listings and 37 units sold at a median sale price of $1 3m The median overbid percentage was 99 4%, with an average of 31 days on the market.

New Listings

Sold Listings

Months of Inventory

$3.4M Median Sale Price 98.3% Median Sale vs List

39 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

53 New Listings

37 Sold Listings

3 Months of Inventory

$1.3M Median Sale Price

99.4% Median Sale vs List

31

Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 250 200 150 100 50 0 SantaMonica
JUNE 2022 - JUNE 2023
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $4 3m last June 2022, to $3 4m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1.32m last June 2022, to $1.31m as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last June 2022, to 39 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 24 days in June 2022, to 31 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 103 8% last June 2022, to 98 3% a year later

Condos & Townhomes

The overbid percentage has increased from 99.1% last June 2022, to 99.4% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100 75 50 25 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

Brentwood

What's in the Brentwood data?

$3M Median Sale Price 93.3% Median Sale vs List 54 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

26
New Listings 11 Sold Listings 9.8 Months of Inventory
SFH Single-Family Homes

CONDO

Condo & Townhomes

15 New Listings

14 Sold Listings

3.5 Months of Inventory

$1M Median Sale Price

100.6% Median Sale vs List

44

Avg Days on Market

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 100 75 50 25 0 Brentwood
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $3 9m last June 2022, to $3m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1.1m last June 2022, to $1m as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 8% last June 2022, to 93 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 104.2% last June 2022, to 100.6% a year later.

Single-Family Homes

The average time spent on the market went up from 16 days last June 2022, to 54 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 11 days in June 2022, to 44 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
Back to Table of Contents

What's in the Marina Del Rey data?

4 New Listings 5 Sold Listings

7.5 Months of Inventory

$1.9M Median Sale Price 94.4% Median Sale vs List 23 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

SFH Single-Family Homes

CONDO

Condo & Townhomes

37 New Listings

22 Sold Listings

3.5 Months of Inventory

$1.2M Median Sale Price

93.6% Median Sale vs List

29

Avg Days on Market

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 40 30 20 10 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 150 100 50 0
MarinaDelRey
FOR SALE SOLD LISTINGS
LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2 7m last June 2022, to $1 9m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1.259m last June 2022, to $1.250m as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 61 days last June 2022, to 23 days as of June 2023

Condos & Townhomes

The average time spent on the market has remained at 29 days since June 2022

Overbids

Single-Family Homes

The overbid percentage has decreased from 97% last June 2022, to 94 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.4% last June 2022, to 93.6% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

PacificPalisades

What's in the Pacific Palisades data?

SFH

Single-Family Homes

$3.6M Median Sale Price 95.3% Median Sale vs List 39 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

9 New Listings

6 Sold Listings

4 Months of Inventory

$1.1M Median Sale Price

97.5% Median Sale vs List

16

Avg Days on Market

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 60 40 20 0 PacificPalisades
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $5 2m last June 2022, to $3 6m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1.8m last June 2022, to $1.1m as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last June 2022, to 39 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 32 days in June 2022, to 16 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 3% last June 2022, to 95 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.2% last June 2022, to 97.5% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $6,000,000 $4,000,000 $2,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

Venice

What's in the Venice data?

SFH

Single-Family Homes

Median Sale Price 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 June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

7 New Listings

1 Sold Listings

4.3 Months of Inventory

$1M Median Sale Price

105.1% Median Sale vs List

19

Avg Days on Market

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 40 30 20 10 0 Venice
FOR SALE SOLD LISTINGS
LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2 4m last June 2022, to $2 5m as of June 2023

Condos & Townhomes

The median sales price has decreased from $2.8m last June 2022, to $1m as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 5% last June 2022, to 97 9% a year later

Condos & Townhomes

The overbid percentage has increased from 96.3% last June 2022, to 105.1% a year later.

Single-Family Homes

The average time spent on the market went up from 22 days last June 2022, to 41 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 53 days in June 2022, to 19 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
Back to Table of Contents

SFH

Single-Family Homes

$1.9M Median Sale Price 93.4% Median Sale vs List 74 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

48 New Listings

23 Sold Listings

5.1 Months of Inventory

$900K Median Sale Price

96.8% Median Sale vs List

29

Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 75 50 25 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 250 200 150 100 50 0 WestHollywood
2022 - JUNE 2023
JUNE
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2 4m last June 2022, to $1 9m as of June 2023

Condos & Townhomes

The median sales price has increased from $861k last June 2022, to $900k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 35 days last June 2022, to 74 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 24 days in June 2022, to 29 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 97 2% last June 2022, to 93 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.1% last June 2022, to 96.8% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 150 100 50 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

BeverlyHills

What's in the Beverly Hills data?

There were 244 single-family homes for sale, providing 9 7 months of inventory. There were 49 new listings and 20 homes sold at a median sale price of $4.6m. The median overbid percentage was 83.7%, averaging 58 days on the market

49 New Listings 20 Sold Listings

9.7 Months of Inventory

$4.6M Median Sale Price 83.7% 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 June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

SFH Single-Family
Homes

$2.2M

New
10
Listings
3.3 Months of Inventory
Median Sale Price
Sold
Condo & Townhomes
88.7% Median Sale vs List 71 Avg Days on Market 15
Listings CONDO

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 400 300 200 100 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 80 60 40 20 0 BeverlyHills
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $3 9m last June 2022, to $4 6m as of June 2023

Condos & Townhomes

The median sales price has increased from $1.1m last June 2022, to $2.2m as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 69 days last June 2022, to 58 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 56 days in June 2022, to 71 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 95 5% last June 2022, to 83 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 93.9% last June 2022, to 88.7% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100% 75% 50% 25% 0%
Back to Table of Contents

RiversideCounty

What's in the Riverside County data?

There were 7,562 single-family homes for sale, providing 2 2 months of inventory. There were 2,260 new listings and 2,086 homes sold at a median sale price of $616k. The median overbid percentage was 97.4%, averaging 38 days on the market

SFH Single-Family Homes

2,260 New Listings

2,086 Sold Listings

2.2 Months of Inventory

$616K Median Sale Price 97.4% Median Sale vs List 38 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

334 New Listings

334 Sold Listings

2.4 Months of Inventory

$460K Median Sale Price

96.6% Median Sale vs List

47

Avg Days on Market

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 15,000 10,000 5000 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 2,500 2,000 1,500 1000 500 0 RiversideCounty
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $615k last June 2022, to $616k as of June 2023

Condos & Townhomes

The median sales price has increased from $454k last June 2022, to $460k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last June 2022, to 38 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 24 days in June 2022, to 47 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 1% last June 2022, to 97 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.6% last June 2022, to 96.6% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

SanDiegoCounty

SFH Single-Family Homes

1,683 New Listings

1,306 Sold Listings

2.2 Months of Inventory

$999K Median Sale Price 99.7% Median Sale vs List 19 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

784 New Listings

663 Sold Listings

1.7 Months of Inventory

$640K Median Sale Price

100.1% Median Sale vs List

17

Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 12,500 10000 7500 5,000 2,500 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 5,000 4,000 3,000 2000 1,000 0
SanDiegoCounty
JUNE 2022 - JUNE 2023
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $970k last June 2022, to $999k as of June 2023

Condos & Townhomes

The median sales price has increased from $630k last June 2022, to $640k as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 17 days last June 2022, to 19 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 14 days in June 2022, to 17 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 6% last June 2022, to 99 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.5% last June 2022, to 100.1% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

SFH Single-Family Homes

1,349 New Listings

1,286 Sold Listings

1.7 Months of Inventory

$1.2M

Median Sale Price 97.7% Median Sale vs List 23 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

635 New Listings

633 Sold Listings

1.3 Months of Inventory

$735K Median Sale Price

99.8% Median Sale vs List

23

Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 7,500 5,000 2500 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 4,000 3000 2000 1000 0 OrangeCounty
2022 - JUNE 2023
JUNE
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 2m this year compared to last June 2022

Condos & Townhomes

The median sales price has increased from $727k last June 2022, to $735k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 1% last June 2022, to 97 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.6% last June 2022, to 99.8% a year later.

Single-Family Homes

The average time spent on the market went up from 20 days last June 2022, to 23 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 16 days in June 2022, to 23 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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: 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States KellerWilliamsBrentwood 444 Washington Blvd Marina Del Rey, CA 90292, United States KellerWilliamsMarinaDelRey 845 Vía De La Paz, Pacific Palisades, CA 90272, United States KellerWilliamsPacificPalisades
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www.ChinaiNaplesTeam.com
| DRE #02201796 (310) 386-5647 Paula@ChinaiNaplesTeam.com www.ChinaiNaplesTeam.com SurinderChinai PaulaNaples
REALTOR® | DRE #01446635
503-2185
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