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1 minute read
Median SalesPrice
Single-Family Homes
The median sales price has increased from $2 4m last August 2022, to $2 5m as of August 2023
Condos & Townhomes
The median sales price has decreased from $2.8m last August 2022, to $1m as of August 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 102 5% last August 2022, to 97 9% a year later
Condos & Townhomes
The overbid percentage has increased from 96.3% last August 2022, to 105.1% a year later.
Single-Family Homes
The average time spent on the market went up from 22 days last August 2022, to 41 days as of August 2023
Condos & Townhomes
The average time spent on the market went down from 53 days in August 2022, to 19 days as of August 2023
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$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 August 2022 to August 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.
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