Christelle Masi - November 2024 Market Report | Southern California Area

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Southern California area

LosAngeles

Jump to Los Angeles Report

Jump to Santa Monica Report

Brentwood

Jump to Brentwood Report

MarinaDelRey

Jump to Marina Del Rey Report

ManhattanBeach

Jump to Manhattan Beach Report

PalosVerdes

Jump to Palos Verdes Report

SantaMonica

ABOUT christelle

She is knowledgeable, professional, and friendly and guides her buyers/sellers through the negotiation and escrow process. She diligently knows the market and finds the perfect properties for her clients, providing superior expertise along the way.

Efficiently negotiating against multiple offers Christelle gets offers accepted. Every client is treated as a top priority when they hire Christelle to be their Realtor.

“YOUR HOME IS MORE THAN JUST A PLACE TO LIVE - IT'S WHERE MEMORIES ARE MADE, DREAMS ARE

Client Testimonials

Christelle was awesome and I would 100% recommend her for residences in West LA. She recently helped me purchase a townhouse / condo in Santa Monica. As a first time buyer, there was a lot that I did not know, and she did a really great job answering all my questions and being my advocate through the negotiations and escrow process. She was also able to recommend other great professionals (lenders, inspectors, etc.) that all made the process run smoothly.

- gpassani

We've used Christelle twice now, in purchasing our first home then selling same and purchasing a new property She was instrumental in every aspect, selecting relevant properties, providing guidance on marketing strategy and managing offers. After we'd had offers accepted she put us in contact with extremely knowledgeable mortgage brokers, etc to close the deals 10/10 would recommend her to family and friends in a heartbeat

- Sarah and Tom Johnson

My Mobile App

Curious about what’s trending in your neighborhood? Ready to make a move? Download our app for real estate insights, on demand.

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What’s your home really worth in today’s market?

That's really the question you should be asking yourself

Our market is in rapidly changin neighborhood, b isn't necessarily neighbors’ hom it’s the current m of your home.

So, do you know in today's marke

I can help...

Contact me for assessment of y

CHRISTELLE M

Realtor®

DRE #01886311 (310) 429 6861

Christelle@Mas

IsaFixerUpperRightforYou?

Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like a huge roadblock – and it might be with a fixer upper Let’s dive into why buying a fixer upper could be your ticket to homeownership and how you can make it work.

What Is a Fixer Upper?

A fixer upper is a home that’s in livable condition but needs some work. The amount of work varies by home – some may need cosmetic updates like wallpaper removal and new flooring, while others might require more extensive repairs like replacing a roof or updating plumbing.

LosAngeles

What's in the Los Angeles data?

There were 15,466 single-family homes for sale, providing 31 months of inventory

There were 4,242 new listings, and 3,025 homes sold at a median price of $1m. The median overbid percentage was at 97.3%, with an average of 36 days on the market.

There were 5,790 condo and townhome units for sale, providing 3.8 months of inventory. There were 1,502 new listings and 1,087 units sold at a median sale price of $695k. The median overbid percentage was at 97.1%, with an average of 42 days on the market.

le-Family Homes

242 tings of Inventory

3,025 Sold Listings

$1M Median Sale Price

.3% Sale vs List

36 Avg Days on Market

urced from Broker Metrics, includes all single-family homes, condos mes in the California Area from October 2023 to October 2024 This e preliminary data, and may vary from the time the data was ll data is deemed reliable but not guaranteed DRE# 01499010 W Advisors Santa Monica | Brentwood | Marina Del Rey 2024 Each pendently owned and operated

Condo & Townhomes

1,502

New Listings

1,087

Sold Listings

3.8

Months of Inventory

$695K

Median Sale Price 97.1%

Median Sale vs List 42 Avg Days on Market

LosAngeles

OCTOBER 2023 - OCTOBER 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 $940k last October 2023, to $1m as of October 2024

Condos & Townhomes

The median sale price has increased from $685k last October 2023, to $695k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last October 2023, to 36 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 32 days in October 2023, to 42 days as of October 2024

Overbids

Single-Family Homes

The overbid percentage has decreased from 976% last October 2023, to 973% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.5% last October 2023, to 97.1% a year later.

Santa Monica

What's in the Santa Monica

data?

There were 150 single-family homes for sale, providing 5 months of inventory. There were 29 new listings, and 28 homes sold at a median price of $2.8m. The median overbid percentage was at 985%, with an average of 37 days on the market.

There were 183 condo and townhome units for sale, providing 4.6 months of inventory. There were 53 new listings and 30 units sold at a median sale price of $1.2m. The median overbid percentage was at 95.7%, with an average of 53 days on the market.

29 New Listings

28 Sold Listings

5 Months of Inventory

$2.8M Median Sale Price

98.5% Median Sale vs List

37 Avg Days on Market

amily homes, condos to October 2024 This time the data was eed DRE# 01499010 a Del Rey 2024 Each

Condo & Townhomes

53

New Listings

30 Sold Listings

4.6

Months of Inventory

$1.2M

Median Sale Price 95.7%

Median Sale vs List

53 Avg Days on Market

ntaMonica

BER 2023 - OCTOBER 2024

TINGS FOR SALE SOLD LISTINGS

-Family Homes

2 months, year-over-year.

os & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $36m last October 2023, to $28m as of October 2024

Condos & Townhomes

The median sale price has decreased from $13m last October 2023, to $12m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last October 2023, to 37 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 67 days in October 2023, to 53 days as of October 2024

Overbids

Single-Family Homes

The overbid percentage has increased from 93.7% last October 2023, to 985% a year later

Condos & Townhomes

The overbid percentage has increased from 956% last October 2023, to 95.7% a year later.

Brentwood

What's in the Brentwood data?

There were 131 single-family homes for sale, providing 93 months of inventory There were 31 new listings, and 13 homes sold at a median price of $3.2m. The median overbid percentage was at 87.3%, with an average of 57 days on the market.

There were 78 condo and townhome units for sale, providing 3.7 months of inventory. There were 17 new listings and 13 units sold at a median sale price of $1.3m. The median overbid percentage was at 98.6%, with an average of 25 days on the market.

Single-Family Homes

31 New Listings

9.3 Months of Inventory

13 Sold Listings

$3.2M Median Sale Price

87.3%

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 October 2023 to October 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

17

New Listings

13

Sold Listings

3.7

Months of Inventory

$1.3M

Median Sale Price 98.6%

Median Sale vs List

25 Avg Days on Market

OCTOBER 2023 - OCTOBER 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 $41m last October 2023, to $32m as of October 2024

Condos & Townhomes

The median sale price has increased from $956k last October 2023, to $13m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 39 days last October 2023, to 57 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 28 days in October 2023, to 25 days as of October 2024

Overbids

Single-Family Homes

The overbid percentage has decreased from 91.1% last October 2023, to 873% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.2% last October 2023, to 98.6% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 39 single-family homes for sale, providing 15.5 months of inventory. There were 6 new listings, and 2 homes sold at a median price of $2.6m. The median overbid percentage was at 962%, with an average of 34 days on the market.

There were 130 condo and townhome units for sale, providing 4 months of inventory. There were 33 new listings and 18 units sold at a median sale price of $1.3m. The median overbid percentage was at 95.7%, with an average of 47 days on the market.

Single-Family Homes

6 ew Listings

15.5 Months of Inventory

2 Sold Listings

$2.6M Median Sale Price

96.2% Median Sale vs List

34 Avg Days on Market

e data, sourced from Broker Metrics, includes all single-family homes, condos d townhomes in the California Area from October 2023 to October 2024 This ay include preliminary data, and may vary from the time the data was thered All data is deemed reliable but not guaranteed DRE# 01499010 opyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024 Each ice is independently owned and operated

Condo & Townhomes

33

New Listings

18 Sold Listings

4

Months of Inventory

$1.3M

Median Sale Price 95.7%

Median Sale vs List

47 Avg Days on Market

MarinaDelRey

OCTOBER 2023 - OCTOBER 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 decreased from $266m last October 2023, to $261m as of October 2024

Condos & Townhomes

The median sale price has increased from $12m last October 2023, to $13m as of October 2024

Single-Family Homes

The average time spent on the market went up from 6 days last October 2023, to 34 days as of October 2024

Condos & Townhomes

The average time spent on the market went down from 52 days in October 2023, to 47 days as of October 2024

Overbids

Single-Family Homes

The overbid percentage has increased from 91.8% last October 2023, to 962% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.2% last October 2023, to 95.7% a year later.

ManhattanBeach

What's in the Manhattan Beach data?

There were 112 single-family homes for sale, providing 3.3 months of inventory. There were 30 new listings, and 34 homes sold at a median price of $3.6m. The median overbid percentage was at 941%, with an average of 64 days on the market.

There were 22 condo and townhome units for sale, providing 2 months of inventory. There were 5 new listings and 7 units sold at a median sale price of $4.1m. The median overbid percentage was at 95.6%, with an average of 36 days on the market.

30 New Listings

3.3 Months of Inventory

34 Sold Listings

$3.6M Median Sale Price

94.1%

Median Sale vs List

64 Avg Days on Market

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

hattanBeach

R 2023 - OCTOBER 2024

Family Homes

months, year-over-year.

& Townhomes

months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $24m last October 2023, to $36m as of October 2024

Condos & Townhomes

The median sales price has increased from $31m last October 2023, to $41m as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 35 days last October 2023, to 64 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 24 days in October 2023, to 36 days as of October 2024

Overbids

Single-Family Homes

The overbid percentage has decreased from 98.5% last October 2023, to 941% a year later

Condos & Townhomes

The overbid percentage has decreased from 957% last October 2023, to 95.6% a year later.

PalosVerdes

What's in the Palos Verdes data?

There were 73 single-family homes for sale, providing 45 months of inventory There were 12 new listings, and 15 homes sold at a median price of $2.6m. The median overbid percentage was at 96.9%, with an average of 47 days on the market.

There were 0 condo and townhome units for sale, providing 0 months of inventory. There were 0 new listings, and 1 unit sold at a median sale price of $830k. The median overbid percentage was at 78.3%, with an average of 0 days on the market.

12 New Listings

4.5 Months of Inventory

15 Sold Listings

$2.6M Median Sale Price

96.9%

Median Sale vs List

47 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from October 2023 to October 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 0 New Listings 0 Months of Inventory

Median Sale Price 78.3% Median Sale vs List 0 Avg Days on Market 1 Sold Listing

PalosVerdes

OCTOBER 2023 - OCTOBER 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 sales price has decreased from $22m last October 2023, to $2m as of October 2024

Condos & Townhomes

The median sales price has decreased from $915k last October 2023, to $719k as of October 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 34 days last October 2023, to 29 days as of October 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in October 2023, to 185 days as of October 2024

Overbids

Single-Family Homes

The overbid percentage has decreased from 98.5% last October 2023, to 889% a year later

Condos & Townhomes

The overbid percentage has increased from 866% last October 2023, to 90.5% a year later.

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