Evan Collins - October 2024 Market Report | Southern California Area by California Concierge

Southern California area

Los Angeles

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Santa Monica

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Brentwood

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Marina Del Rey

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Pacific Palisades

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Culver City

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Sherman Oaks

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Studio City

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Westlake Village

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Playa Del Rey

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Venice

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West Hollywood

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Beverly Hills

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Riverside County

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Encino

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San Diego County

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Inglewood

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Orange County

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Topanga City

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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 today's market?

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

ThisIstheSweetSpotHomebuyers HaveBeenWaitingFor

After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers— and it’s one that may not last long.

So, if you’ve put your own move on the back burner, here’s why maybe you shouldn’t delay your plans any longer.

As you weigh your options and decide if you should buy now or wait, ask yourself this: What do you think everyone else is going to do?

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.

HomeRenovationsThatCanMakea BIG IMPACT AccordingtoExperts

In2024,thehomebuyingmarketfacessignificantchallenges highprices, steepinterestrates,andlimitedhousinginventory.Formany,renovatingtheir currenthomeisamoreattractiveoptionthanpurchasinganewone.Whilethe LIRAreportpredictsadeclineinrenovationspending,expertsemphasizethat small-scaleupdatesortargetedlargerprojectscanstilldelivermajorbenefits.

Beforedivingintoarenovation,it’sessentialtoplan carefullyandbudgetwisely.Workingwithreputable professionalsiskey,especiallythoseoffering financingoptionsandtransferablewarranties.Sharing yourbudgetwithcontractorsupfrontandinvolving designersearlyensuresthatyourrenovationruns smoothlyandachievesbothfinancialandfunctional success Adetailedplanwillkeeptheprojectontrack andhelpavoidcostlysurprises

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.

LosAn

What's in the Los A

There were 15,196 single-fam providing 3.4 months of inve 4,290 new listings, and 2,698 median price of $965k. The m percentage was at 95.4%, wi days on the market.

There were 5,764 condo and sale, providing 3 5 months of were 1,603 new listings and 9 median sale price of $675k. T percentage was at 97.8%, wi days on the market.

single-family homes, condos and September 2024. This may was gathered. All data is KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated. 5K Price

Market

SEPTEMBER 2023 - SEPTEMBER 2024

e-Family Homes 12 months, year-over-year.

os & Townhomes 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $939k last September 2023, to $965k as of September 2024

Condos & Townhomes

The median sale price has remained the same from $675k last September 2023, to $675k as of September 2024

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went up from 31 days in September 2023, to 42 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 2% last September 2023, to 95 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last September 2023, to 97.8% a year later.

Santa Monica

What's in the Sant

data?

There were 160 single-family providing 3.7 months of inve new listings, and 17 homes s of $3.2m. The median overbi 98 4%, with an average of 24

There were 185 condo and to sale, providing 3.6 months of were 57 new listings and 23 sale price of $1m. The media was at 95.2%, with an averag market.

Condo & Townhomes

New Listings

23 Sold Listings

3.6

Months of Inventory

$1M

Median Sale Price 95.2%

Median Sale vs List 42 Avg Days on Market

SantaMonica

SEPTEMBER 2023 - SEPTEMBER 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 $3 26m last September 2023, to $3 29m as of September 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 33 days last September 2023, to 24 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 28 days in September 2023, to 42 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 9% last September 2023, to 98 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.8% last September 2023, to 95.2% a year later.

Brentwood

What's in the Brentwood data?

There were 132 single-family homes for sale, providing 7.5 months of inventory. There were 26 new listings, and 11 homes sold at a median price of $4m. The median overbid percentage was at 88.6%, with an average of 26 days on the market.

There were 84 condo and townhome units for sale, providing 3.4 months of inventory. There were 24 new listings and 12 units sold at a median sale price of $1m. The median overbid percentage was at 93.4%, with an average of 39 days on the market.

Single-Family Homes

26 New Listings

11 Sold Listings

7.5 Months of Inventory

$4M Median Sale Price

88.6% Median Sale vs List

26 Avg Days on Market

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

3.4

Months of Inventory M 93.4%

Median Sale vs List Av

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 9m last September 2023, to $4m as of September 2024

Condos & Townhomes

The median sale price has decreased from $1 08m last September 2023, to $1 05m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 50 days last September 2023, to 26 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 22 days in September 2023, to 39 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 4% last September 2023, to 88 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.2% last September 2023, to 93.4% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 35 single-family homes for sale, providing 14.5 months of inventory. There were 7 new listings, and 2 homes sold at a median price of $1.6m. The median overbid percentage was at 90 3%, with an average of 14 days on the market

There were 120 condo and townhome units for sale, providing 5.7 months of inventory. There were 29 new listings and 18 units sold at a median sale price of $1.1m. The median overbid percentage was at 94.3%, with an average of 53 days on the market.

Single-Family Homes

7 New Listings

2 Sold Listings

14.5 Months of Inventory

$1.6M Median Sale Price

90.3% Median Sale vs List

14 Avg Days on Market

New Listings

Sold Listings

5.7

Months of Inventory

$1.1M

Median Sale Price 94.3%

Median Sale vs List

53 Avg Days on Market

SEPTEMBER 2023 - SEPTEMBER 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 5m last September 2023, to $1 6m as of September 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 42 days last September 2023, to 14 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 34 days in September 2023, to 53 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 5% last September 2023, to 90 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.7% last September 2023, to 94.3% a year later.

Pacific Palisades

What's in the Pacific Palisades data?

There were 140 single-family homes for sale, providing 7.1 months of inventory. There were 33 new listings, and 16 homes sold at a median price of $3.5m. The median overbid percentage was at 91 2%, with an average of 42 days on the market

There were 31 condo and townhome units for sale, providing 2.4 months of inventory. There were 11 new listings and 1 unit sold at a median sale price of $1.8m. The median overbid percentage was at 94.9%, with an average of 37 days on the market.

Single-Family Homes

33 New Listings

16 Sold Listings

7.1 Months of Inventory

$3.5M Median Sale Price

91.2% Median Sale vs List

42 Avg Days on Market

SEPTEMBER 2023 - SEPTEMBER 2024

NGS FOR SALE SOLD LISTINGS

amily Homes months, year-over-year. & Townhomes months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $5 3m last September 2023, to $3 5m as of September 2024

Condos & Townhomes

The median sale price has increased from $1 4m last September 2023, to $1 8m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last September 2023, to 42 days as of September 2024

Condos & Townhomes

The average time spent on the market went down from 50 days in September 2023, to 37 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97 9% last September 2023, to 91 2% a year later

Condos & Townhomes

The overbid percentage has increased from 92.4% last September 2023, to 94.9% a year later.

Culver City

What's in the Culver City data?

There were 81 single-family homes for sale, providing 5.7 months of inventory. There were 26 new listings, and 11 homes sold at a median price of $1.6m. The median overbid percentage was at 99%, with an average of 20 days on the market.

There were 66 condo and townhome units for sale, providing 2.2 months of inventory. There were 23 new listings and 15 units sold at a median sale price of $681k. The median overbid percentage was at 98.7%, with an average of 42 days on the market

Single-Family Homes

26 New Listings

11 Sold Listings

5.7 Months of Inventory

$1.6M Median Sale Price

99% Median Sale vs List

20 Avg Days on Market

New Listings

15 Sold Listings

2.2

Months of Inventory $681K Median Sale Price 98.7%

Median Sale vs List 42 Avg Days on Market

CulverCity

SEPTEMBER 2023 - SEPTEMBER 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 $1 8m last September 2023, to $1 6m as of September 2024

Condos & Townhomes

The median sale price has increased from $659k last September 2023, to $681k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 22 days last September 2023, to 20 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 29 days in September 2023, to 42 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 96 3% last September 2023, to 99% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.8% last September 2023, to 98.7% a year later.

Sherman Oaks

What's in the Sherman Oaks data?

There were 231 single-family homes for sale, providing 5.2 months of inventory. There were 65 new listings, and 33 homes sold at a median price of $1.9m. The median overbid percentage was at 97 5%, with an average of 30 days on the market

There were 112 condo and townhome units for sale, providing 6.2 months of inventory. There were 40 new listings and 12 units sold at a median sale price of $682k. The median overbid percentage was at 96.3%, with an average of 34 days on the market.

Single-Family Homes

65 New Listings

33 Sold Listings

5.2 Months of Inventory

$1.9M Median Sale Price

97.5%

Median Sale vs List

30 Avg Days on Market

SEPTEMBER 2023 -

SEPTEMBER

2024 R SALE

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

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 8m last September 2023, to $1 9m as of September 2024

Condos & Townhomes

The median sale price has decreased from $729k last September 2023, to $682k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last September 2023, to 30 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 26 days in September 2023, to 34 days as of September 2024.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has decreased from 100.4% last September 2023, to 96.3% a year later.

StudioCity

What's in the Studio City data?

There were 174 single-family homes for sale, providing 5.2 months of inventory. There were 58 new listings, and 19 homes sold at a median price of $2m. The median overbid percentage was at 96.3%, with an average of 26 days on the market.

There were 62 condo and townhome units for sale, providing 2.6 months of inventory. There were 21 new listings and 10 units sold at a median sale price of $740k. The median overbid percentage was at 98.3%, with an average of 57 days on the market.

Single-Family Homes

58 ew Listings

19 Sold Listings

5.2 Months of Inventory

$2M Median Sale Price

96.3% Median Sale vs List

26 Avg Days on Market

Condo & Townhomes

New Listings

Sold Listings

2.6

Months of Inventory

$740K

Median Sale Price 98.3%

Median Sale vs List

Avg Days on Market

StudioCity

SEPTEMBER 2023 - SEPTEMBER 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 2m last September 2023, to $2m as of September 2024

Condos & Townhomes

The median sale price has decreased from $940k last September 2023, to $740k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last September 2023, to 26 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 29 days in September 2023, to 57 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 93 2% last September 2023, to 96 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.2% last September 2023, to 98.3% a year later.

Westlak Village

What's in the Wes data?

There were 127 single-family providing 2.7 months of inve new listings, and 28 homes s of $2.2m. The median overb 97%, with an average of 47 d

There were 70 condo and tow sale, providing 2.9 months o were 22 new listings and 8 u sale price of $806k. The med percentage was at 93.8%, wi days on the market.

New Listings

2.9

Months of Inventory 93.8%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 20m last September 2023, to $2 22m as of September 2024

Condos & Townhomes

The median sale price has decreased from $902k last September 2023, to $806k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 38 days last September 2023, to 47 days as of September 2024

Condos & Townhomes

The average time spent on the market went down from 44 days in September 2023, to 43 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95% last September 2023, to 97% a year later

Condos & Townhomes

The overbid percentage has decreased from 95.9% last September 2023, to 93.8% a year later.

Playa DelRey

What's in the Playa Del Rey data?

There were 21 single-family homes for sale, providing 3.5 months of inventory. There were 4 new listings, and 3 homes sold at a median price of $2m. The median overbid percentage was at 94%, with an average of 90 days on the market

There were 52 condo and townhome units for sale, providing 2.7 months of inventory. There were 16 new listings and 9 units sold at a median sale price of $740k. The median overbid percentage was at 99%, with an average of 53 days on the market.

New Listings

2.7

Months of Inventory 99%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 6m last September 2023, to $2m as of September 2024

Condos & Townhomes

The median sale price has increased from $718k last September 2023, to $740k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last September 2023, to 90 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 26 days in September 2023, to 53 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 95 1% last September 2023, to 94% a year later

Condos & Townhomes

The overbid percentage has increased from 98.8% last September 2023, to 99% a year later.

Venice

What's in the Venice data?

There were 163 single-family homes for sale, providing 6 months of inventory. There were 45 new listings, and 13 homes sold at a median price of $2.2m. The median overbid percentage was at 91.1%, with an average of 78 days on the market.

There were 31 condo and townhome units for sale, providing 19 months of inventory. There were 3 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 29 days on the market.

Single-Family Homes

45 New Listings

13 Sold Listings

6 Months of Inventory

$2.2M Median Sale Price

91.1% Median Sale vs List

78 Avg Days on Market

Condo

New Listings 19

Months of Inventory 0%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 4m last September 2023, to $2 2m as of September 2024

Condos & Townhomes

The median sale price has decreased from $1 3m last September 2023, to $0 as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last September 2023, to 78 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 11 days in September 2023, to 29 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 94 7% last September 2023, to 91 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last September 2023, to 0% a year later.

West Hollyw

What's in the West data?

There were 80 single-family h providing 21.3 months of inve new listings, and 6 homes sol of $1.9m. The median overbid 106.8%, with an average of 21

There were 216 condo and tow sale, providing 7.2 months of were 64 new listings and 18 u sale price of $937k. The medi percentage was at 98.1%, with days on the market.

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

New Listings 7.2

Months of Inventory 98.1%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 7m last September 2023, to $1 9m as of September 2024

Condos & Townhomes

The median sale price has increased from $820k last September 2023, to $937k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 40 days last September 2023, to 21 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 44 days in September 2023, to 73 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 88 8% last September 2023, to 106 8% a year later

Condos & Townhomes

The overbid percentage has increased from 96.6% last September 2023, to 98.1% a year later.

He-Family Homes

16 Sold Listings

.7 of Inventory

$4.3M Median Sale Price

.2% Sale vs List

65 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and in the California Area from September 2023 to September 2024. This may preliminary data, and may vary from the time the data was gathered. All data is 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 18 Months of Inventory 96.2%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 7m last September 2023, to $4 3m as of September 2024

Condos & Townhomes

The median sale price has increased from $1 44m last September 2023, to $1 45m as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 63 days last September 2023, to 65 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 48 days in September 2023, to 67 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 6% last September 2023, to 87 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.6% last September 2023, to 96.2% a year later.

Riverside County

What's in the Riverside data?

There were 9,392 single-family home providing 3.7 months of inventory. Th 2,415 new listings, and 1,622 homes median price of $614k. The median o percentage was at 97.3%, with an av days on the market

There were 1,790 condo and townho sale, providing 4.4 months of invento were 405 new listings and 235 units median sale price of $465k. The med percentage was at 96.3%, with an av days on the market.

,622 Listings

614K

ian Sale Price

2 Days on Market

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

405

New Listings

235 Sold Listings

4.4

Months of Inventory $465K

Median Sale Price 96.3%

Median Sale vs List 49 Avg Days on Market

RiversideCounty

SEPTEMBER 2023 - SEPTEMBER 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 $590k last September 2023, to $614k as of September 2024

Condos & Townhomes

The median sale price has increased from $443k last September 2023, to $465k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 36 days last September 2023, to 42 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 45 days in September 2023, to 49 days as of September 2024.

Overbids

Single-Family Homes

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

Condos & Townhomes

The overbid percentage has decreased from 97.7% last September 2023, to 96.3% a year later.

Encino

What's in the Encino data?

There were 243 single-family homes for sale, providing 9.2 months of inventory. There were 69 new listings, and 21 homes sold at a median price of $2.2m. The median overbid percentage was at 95.1%, with an average of 31 days on the market.

There were 86 condo and townhome units for sale, providing 3.5 months of inventory. There were 20 new listings and 11 units sold at a median sale price of $605k. The median overbid percentage was at 98%, with an average of 47 days on the market.

mily Homes

21 Sold Listings

$2.2M Median Sale Price

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

% ist

31 Avg Days on Market

New Listings

3.5

Sold Listings

Months of Inventory $605K

Median Sale Price 98%

Median Sale vs List

47 Avg Days on Market 11

Encino

SEPTEMBER 2023 - SEPTEMBER 2024

LISTINGS FOR SALE SOLD LISTINGS

gle-Family Homes

t 12 months, year-over-year.

ndos & Townhomes

t 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 5m last September 2023, to $2 2m as of September 2024

Condos & Townhomes

The median sale price has decreased from $725k last September 2023, to $605k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 23 days last September 2023, to 31 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 34 days in September 2023, to 47 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97 3% last September 2023, to 95 1% a year later

Condos & Townhomes

The overbid percentage has increased from 97.8% last September 2023, to 98% a year later.

SanDiego County

What's in the San Diego County data?

There were 6,549 single-family homes for sale, providing 3.2 months of inventory. There were 1,784 new listings, and 1,234 homes sold at a median price of $1m. The median overbid percentage was at 96 5%, with an average of 29 days on the market.

There were 3,332 condo and townhome units for sale, providing 3 months of inventory. There were 934 new listings and 589 units sold at a median sale price of $640k. The median overbid percentage was at 97.7%, with an average of 33 days on the market

934

New Listings

Sold Listings

Months of Inventory $640K

Median Sale Price 97.7%

Median Sale vs List 33 Avg Days on Market 589

SanDiegoCounty

SEPTEMBER 2023 - SEPTEMBER 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 $975k last September 2023, to $1m as of September 2024

Condos & Townhomes

The median sale price has decreased from $650k last September 2023, to $640k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last September 2023, to 29 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 21 days in September 2023, to 33 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98% last September 2023, to 96 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.7% last September 2023, to 97.7% a year later.

Inglewood

What's in the Inglewood data?

There were 92 single-family homes for sale, providing 3.3 months of inventory. There were 14 new listings, and 14 homes sold at a median price of $780k. The median overbid percentage was at 93.3%, with an average of 60 days on the market.

There were 51 condo and townhome units for sale, providing 2.2 months of inventory. There were 13 new listings and 10 units sold at a median sale price of $550k. The median overbid percentage was at 99.1%, with an average of 50 days on the market.

Single-Family Homes

14 ew Listings

14 Sold Listings

3.3 Months of Inventory

$780K Median Sale Price

93.3%

Median Sale vs List

60 Avg Days on Market

New Listings

2.2

Months of Inventory

Sold Listing

$550K

Median Sale Pric 99.1%

Median Sale vs List 50 Avg Days on Marke 10

SEPTEMBER 2023 - SEPTEMBER 2024

mes year-over-year.

, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $785k last September 2023, to $780k as of September 2024

Condos & Townhomes

The median sale price has increased from $444k last September 2023, to $550k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last September 2023, to 60 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 31 days in September 2023, to 50 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 6% last September 2023, to 93 3% a year later

Condos & Townhomes

The overbid percentage has increased from 98.5% last September 2023, to 99.1% a year later.

Orange County

What's in the Orange County data?

There were 4,503 single-family homes for sale, providing 2.4 months of inventory. There were 1,270 new listings, and 1,025 homes sold at a median price of $1.3m. The median overbid percentage was at 96 4%, with an average of 32 days on the market.

There were 2,202 condo and townhome units for sale, providing 2.3 months of inventory. There were 700 new listings and 518 units sold at a median sale price of $795k. The median overbid percentage was at 98.2%, with an average of 32 days on the market

mily Homes

0 ory

1,025 Sold Listings

$1.3M Median Sale Price

% ist

32 Avg Days on Market

Condo & Townhomes

700

New Listings

518 Sold Listings

2.3

Months of Inventory

$795K

Median Sale Price 98.2%

Median Sale vs List

32 Avg Days on Market

OrangeCounty

SEPTEMBER 2023 - SEPTEMBER 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 30m last September 2023, to $1 37m as of September 2024

Condos & Townhomes

The median sale price has increased from $742k last September 2023, to $795k as of September 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 27 days last September 2023, to 32 days as of September 2024

Condos & Townhomes

The average time spent on the market went up from 24 days in September 2023, to 32 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97 6% last September 2023, to 96 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last September 2023, to 98.2% a year later.

Topanga City

What's in the Topanga City data?

There were 56 single-family homes for sale, providing 5.9 months of inventory. There were 8 new listings, and 6 homes sold at a median price of $1.9m. The median overbid percentage was at 97%, with an average of 93 days on the market

There were 6 condo and townhome units for sale, providing 0 months of inventory. There were 2 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.

Single-Family Homes

8 New Listings

6 Sold Listings

5.9 Months of Inventory

$1.9M Median Sale Price

97% Median Sale vs List

93 Avg Days on Market

Condo & Townhomes

New Listings 0

Months of Inventory

Sold Listings

Median Sale Price 0%

Median Sale vs List

Avg Days on Market

Topanga

SEPTEMBER 2023 - SEPTEMBER 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 8m last September 2023, to $1 9m as of September 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 61 days last September 2023, to 93 days as of September 2024

Condos & Townhomes

The average time spent on the market went down from 32 days in September 2023, to 0 days as of September 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 87 8% last September 2023, to 97% a year later

Condos & Townhomes

No data for this month