Christelle Masi February 2025 Market Report Southern California Area

Page 1


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

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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

A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell as-is instead

LosAngeles

What's in the Los Angeles data?

There were 13,457 single-family homes for sale, providing 36 months of inventory

There were 4,445 new listings, and 1,981 homes sold at a median price of $975k. The median overbid percentage was at 95.9%, with an average of 45 days on the market.

There were 5,456 condo and townhome units for sale, providing 3.8 months of inventory. There were 1,883 new listings and 703 units sold at a median sale price of $675k. The median overbid percentage was at 95.9%, with an average of 51 days on the market.

le-Family Homes

445 tings

6 of Inventory

1,981 Sold Listings

$975K Median Sale Price

.9% Sale vs List

45 Avg Days on Market

urced from Broker Metrics, includes all single-family homes, condos mes in the California Area from January 2024 to January 2025 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 2025 Each pendently owned and operated

Condo & Townhomes

1,883

New Listings

703

Sold Listings

3.8

Months of Inventory

$675K

Median Sale Price 95.9%

Median Sale vs List

51 Avg Days on Market

LosAngeles

JANUARY 2024 - JANUARY 2025

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 $900k last January 2024, to $975k as of January 2025

Condos & Townhomes

The median sale price has increased from $650k last January 2024, to $675k as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 36 days last January 2024, to 45 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 44 days in January 2024, to 51 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 95.6% last January 2024, to 959% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.9% last January 2024, to 95.9% a year later.

Santa Monica

What's in the Sa data?

There were 161 single-fam providing 3.4 months of in were 62 new listings, and median price of $4.3m. Th percentage was at 1073% of 52 days on the market.

There were 179 condo and for sale, providing 3.8 mon

There were 79 new listing at a median sale price of $ overbid percentage was a average of 46 days on the

62 New Listings

16 Sold Listings

3.4 Months of Inventory

$4.3M Median Sale Price

107.3% Median Sale vs List

52 Avg Days on Market

amily homes, condos to January 2025 This time the data was eed DRE# 01499010 a Del Rey 2025 Each

Condo & Townhomes

79

New Listings

23 Sold Listings

3.8

Months of Inventory

$1.1M

Median Sale Price 99.1%

Median Sale vs List

46 Avg Days on Market

ntaMonica

ARY 2024 - JANUARY 2025

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 increased from $3m last January 2024, to $43m as of January 2025

Condos & Townhomes

The median sale price has decreased from $13m last January 2024, to $11m as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last January 2024, to 52 days as of January 2025

Condos & Townhomes

The average time spent on the market went down from 106 days in January 2024, to 46 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 96.6% last January 2024, to 1073% a year later

Condos & Townhomes

The overbid percentage has increased from 938% last January 2024, to 99.1% a year later.

Brentwood

What's in the Brentwood data?

There were 158 single-family homes for sale, providing 61 months of inventory There were 68 new listings, and 8 homes sold at a median price of $5.6m. The median overbid percentage was at 88.8%, with an average of 56 days on the market.

There were 93 condo and townhome units for sale, providing 7.3 months of inventory. There were 43 new listings and 5 units sold at a median sale price of $1.2m. The median overbid percentage was at 95%, with an average of 43 days on the market.

Single-Family Homes

68 New Listings

6.1 Months of Inventory

8 Sold Listings

$5.6M Median Sale Price

88.8%

Median Sale vs List

56 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from January 2024 to January 2025 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 2025 Each office is independently owned and operated

Condo

& Townhomes

43

New Listings

5 Sold Listings

7.3

Months of Inventory

$1.2M

Median Sale Price 95%

Median Sale vs List

43 Avg Days on Market

JANUARY 2024 - JANUARY 2025 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 $45m last January 2024, to $56m as of January 2025

Condos & Townhomes

The median sale price has increased from $1m last January 2024, to $12m as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last January 2024, to 56 days as of January 2025

Condos & Townhomes

The average time spent on the market went down from 61 days in January 2024, to 43 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has decreased from 984% last January 2024, to 888% a year later

Condos & Townhomes

The overbid percentage has increased from 921% last January 2024, to 95% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 34 single-family homes for sale, providing 6 months of inventory. There were 11 new listings, and 4 homes sold at a median price of $2.8m. The median overbid percentage was at 801%, with an average of 68 days on the market.

There were 126 condo and townhome units for sale, providing 3.1 months of inventory. There were 54 new listings and 21 units sold at a median sale price of $1.1m. The median overbid percentage was at 97.5%, with an average of 53 days on the market.

Single-Family Homes

11 New Listings

6 Months of Inventory

4 Sold Listings

$2.8M Median Sale Price

80.1%

Median Sale vs List

68 Avg Days on Market

e data, sourced from Broker Metrics, includes all single-family homes, condos d townhomes in the California Area from January 2024 to January 2025 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 2025 Each ice is independently owned and operated

Condo & Townhomes

54

New Listings

21 Sold Listings

3.1

Months of Inventory

$1.1M

Median Sale Price

97.5%

Median Sale vs List

53 Avg Days on Market

MarinaDelRey

JANUARY 2024 - JANUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Single-Family Homes

The median sale price has increased from $0 last January 2024, to $28m as of January 2025

Condos & Townhomes

The median sale price has decreased from $12m last January 2024, to $11m as of January 2025

Single-Family Homes

The average time spent on the market went up from 60 days last January 2024, to 68 days as of January 2025

Condos & Townhomes

The average time spent on the market went up from 46 days in January 2024, to 53 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 0% last January 2024, to 801% a year later

Condos & Townhomes

The overbid percentage has increased from 945% last January 2024, to 97.5% a year later.

ManhattanBeach

What's in the Manhattan data?

There were 101 single-family homes for s providing 27.5 months of inventory. The were 10 new listings, and 1 home sold at median price of $4m. The median overb percentage was at 83.9%, with an averag 51 days on the market.

There were 19 condo and townhome un for sale, providing 11 months of inventor There were 2 new listings and 1 unit sold median sale price of $0. The median ove percentage was at 0%, with an average days on the market

10 New Listings

27.5 Months of Inventory

1 Sold Listing

$4M Median Sale Price

83.9%

Median Sale vs List

51 Avg Days on Market

&

Townhomes

2 New Listings 11 Months of Inventory

Median Sale Price 0%

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

ManhattanBeach

JANUARY 2024 - JANUARY 2025

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 $43m last January 2024, to $4m as of January 2025

Condos & Townhomes

The median sale price has decreased from $11m last January 2024, to $0 as of January 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 28 days last January 2024, to 51 days as of January 2025

Condos & Townhomes

The average time spent on the market went down from 24 days in January 2024, to 0 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has decreased from 854% last January 2024, to 839% a year later

Condos & Townhomes

The overbid percentage has decreased from 91.4% last January 2024, to 0% a year later.

PalosVerde

What's in the Pa data?

There were 83 single-fam providing 2.6 months of in were 33 new listings, and median price of $1.7m. Th percentage was at 947%, 40 days on the market.

There were 64 condo and for sale, providing 1.8 mon There were 26 new listing at a median sale price of $ overbid percentage was a average of 40 days on the

33 New Listings

9 Sold Listings

2.6 Months of Inventory

$1.7M Median Sale Price

94.7% Median Sale vs List

40 Avg Days on Market

amily homes, condos to January 2025 This time the data was eed DRE# 01499010 a Del Rey 2025 Each

Condo & Townhomes

26

New Listings

15 Sold Listings

1.8

Months of Inventory

$710K

Median Sale Price 98.9%

Median Sale vs List

40 Avg Days on Market

ARY 2024 - JANUARY 2025

TINGS FOR SALE SOLD LISTINGS

-Family Homes

2 months, year-over-year.

os & Townhomes

2 months, year-over-year

Single-Family Homes

The median sale price has decreased from $18m last January 2024, to $17m as of January 2025

Condos & Townhomes

The median sale price has increased from $645k last January 2024, to $710k as of January 2025

Single-Family Homes

The average time spent on the market went up from 30 days last January 2024, to 40 days as of January 2025

Condos & Townhomes

The average time spent on the market went down from 50 days in January 2024, to 40 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has decreased from 978% last January 2024, to 947% a year later

Condos & Townhomes

The overbid percentage has increased from 956% last January 2024, to 98.9% a year later.

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