Janet Heinzle - January 2025 Market Report Southern California Area

Page 1


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

Jump to Pacific Palisades Report

Culver City

Jump to Culver City Report

Sherman Oaks

Jump to Sherman Oaks Report

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 in today's market?

Contact me for a confidential, no obligation assessment of your

Janet Heinzle

HowToMakeItHappenin2025

This is the time when a lot of people take a moment to reflect and set their goals for this year. And as you picture what you want your 2025 to look like, one thing that may pop into your mind is the vision of you in a new home. But how do you get there? And where do you start?

Here’s some advice that can help you get the ball rolling.

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 12,452 single-fam providing 3.4 months of inve 2,016 new listings, and 2,767 median price of $985k. The m percentage was at 96.4%, wi days on the market.

There were 4,853 condo and sale, providing 3 8 months of were 805 new listings and 94 median sale price of $694k. T percentage was at 96.7%, wi days on the market.

single-family homes, condos and December 2024. This may was gathered. All data is KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025. Each office is independently owned and operated. 5K Price

Market

DECEMBER 2023 - DECEMBER 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 $915k last December 2023, to $985k as of December 2024

Condos & Townhomes

The median sale price has increased from $658k last December 2023, to $694k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 37 days last December 2023, to 43 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 42 days in December 2023, to 53 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 9% last December 2023, to 96 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.2% last December 2023, to 96.7% a year later.

Santa Monica

What's in the Sant data?

There were 126 single-family providing 6.8 months of inve new listings, and 12 homes s of $4m. The median overbid 100 1%, with an average of 3

There were 137 condo and to sale, providing 3.1 months of were 17 new listings and 34 sale price of $1.1m. The med percentage was at 96.6%, wi days on the market.

12 New Listings

6.8 Months of Inventory

100.1% Median Sale vs List

12 Sold Listings

$4M Median Sale Price

30 Avg Days on Market

single-family homes, condos and December 2024. This may was gathered. All data is KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025. Each office is independently owned and operated.

Condo & Townhomes

17

New Listings

34 Sold Listings

3.1

Months of Inventory

$1.1M

Median Sale Price

96.6%

Median Sale vs List

50 Avg Days on Market

SantaMonica

DECEMBER 2023 - DECEMBER 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 $3 1m last December 2023, to $4m as of December 2024

Condos & Townhomes

The median sale price has decreased from $1 4m last December 2023, to $1 1m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 43 days last December 2023, to 30 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 61 days in December 2023, to 50 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 84 6% last December 2023, to 100 1% a year later

Condos & Townhomes

The overbid percentage has increased from 94.7% last December 2023, to 96.6% a year later.

Brentwood

What's in the Brentwood data?

There were 116 single-family homes for sale, providing 7.8 months of inventory. There were 12 new listings, and 9 homes sold at a median price of $3.6m. The median overbid percentage was at 93.3%, with an average of 86 days on the market.

There were 72 condo and townhome units for sale, providing 3.5 months of inventory. There were 20 new listings and 15 units sold at a median sale price of $915k. The median overbid percentage was at 91.9%, with an average of 61 days on the market.

Single-Family Homes

12 New Listings

9 Sold Listings

7.8 Months of Inventory

$3.6M Median Sale Price

93.3%

Median Sale vs List

86 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo & To 20

New Listings

15 Sold Listings

3.5

Months of Inventory

$915K

Median Sale Price 91.9%

Median Sale vs List

61 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $3 8m last December 2023, to $3 6m as of December 2024

Condos & Townhomes

The median sale price has increased from $894k last December 2023, to $915k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 36 days last December 2023, to 86 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 42 days in December 2023, to 61 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 90 3% last December 2023, to 93 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.1% last December 2023, to 91.9% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 32 single-family homes for sale, providing 4.2 months of inventory. There were 3 new listings, and 4 homes sold at a median price of $2.9m. The median overbid percentage was at 92 7%, with an average of 86 days on the market

There were 103 condo and townhome units for sale, providing 4.1 months of inventory. There were 10 new listings and 17 units sold at a median sale price of $1m. The median overbid percentage was at 94.3%, with an average of 75 days on the market.

Single-Family Homes

3 New Listings

4 Sold Listings

4.2 Months of Inventory

$2.9M Median Sale Price

92.7% Median Sale vs List

86 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo & Townhomes

10

New Listings

17 Sold Listings

4.1

Months of Inventory

$1M

Median Sale Price 94.3%

Median Sale vs List 75 Avg Days on Market

MarinaDelRey

DECEMBER 2023 - DECEMBER 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 $800k last December 2023, to $2 9m as of December 2024

Condos & Townhomes

The median sale price has increased from $1 01m last December 2023, to $1 05m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 55 days last December 2023, to 86 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 55 days in December 2023, to 75 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 66 7% last December 2023, to 92 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 94.7% last December 2023, to 94.3% a year later.

Pacific Palisades

What's in the Pacific Palisades data?

There were 113 single-family homes for sale, providing 5.5 months of inventory. There were 14 new listings, and 19 homes sold at a median price of $4.1m. The median overbid percentage was at 90 4%, with an average of 59 days on the market

There were 25 condo and townhome units for sale, providing 5 months of inventory. There were 6 new listings and 2 units sold at a median sale price of $1.7m. The median overbid percentage was at 98.7%, with an average of 14 days on the market.

Single-Family Homes

14 New Listings

19 Sold Listings

5.5 Months of Inventory

$4.1M Median Sale Price

90.4% Median Sale vs List

59 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

6 New Listings

2 Sold Listings

5 Months of Inventory

$1.7M

Median Sale Price 98.7%

Median Sale vs List 14 Avg Days on Market

DECEMBER

2023 - DECEMBER 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 increased from $3 4m last December 2023, to $4 1m as of December 2024

Condos & Townhomes

The median sale price has increased from $1 3m last December 2023, to $1 7m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 58 days last December 2023, to 59 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 96 days in December 2023, to 14 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 90 6% last December 2023, to 90 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.8% last December 2023, to 98.7% a year later.

Culver City

What's in the Culver City data?

There were 65 single-family homes for sale, providing 3.5 months of inventory. There were 5 new listings, and 12 homes sold at a median price of $1.3m. The median overbid percentage was at 100.9%, with an average of 65 days on the market.

There were 54 condo and townhome units for sale, providing 2.1 months of inventory. There were 15 new listings and 10 units sold at a median sale price of $649k. The median overbid percentage was at 96%, with an average of 43 days on the market

Single-Family Homes

5 New Listings

12 Sold Listings

3.5 Months of Inventory

$1.3M Median Sale Price

100.9%

Median Sale vs List

65 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo & Townhomes

15

New Listings

10 Sold Listings

2.1

Months of Inventory

$649K

Median Sale Price 96%

Median Sale vs List

43 Avg Days on Market

CulverCity

DECEMBER 2023 - DECEMBER 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 6m last December 2023, to $1 3m as of December 2024

Condos & Townhomes

The median sale price has increased from $632k last December 2023, to $649k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 44 days last December 2023, to 65 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 45 days in December 2023, to 43 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 4% last December 2023, to 100 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.6% last December 2023, to 96% a year later.

Sherman Oaks

What's in the Sherman Oaks data?

There were 190 single-family homes for sale, providing 3.2 months of inventory. There were 27 new listings, and 33 homes sold at a median price of $1.6m. The median overbid percentage was at 94 1%, with an average of 49 days on the market

There were 87 condo and townhome units for sale, providing 3.2 months of inventory. There were 9 new listings and 18 units sold at a median sale price of $669k. The median overbid percentage was at 97.4%, with an average of 59 days on the market.

Single-Family Homes

27 New Listings

33 Sold Listings

3.2 Months of Inventory

$1.6M Median Sale Price

94.1%

Median Sale vs List

49 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

9 New Listings

3.2

DECEMBER 2023 - DECEMBER 2024 R SALE

mes year-over-year.

year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 7m last December 2023, to $1 6m as of December 2024

Condos & Townhomes

The median sale price has decreased from $775k last December 2023, to $669k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 48 days last December 2023, to 49 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 44 days in December 2023, to 59 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 95 3% last December 2023, to 94 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.8% last December 2023, to 97.4% a year later.

StudioCity

What's in the Studio City data?

There were 149 single-family homes for sale, providing 8.9 months of inventory. There were 15 new listings, and 22 homes sold at a median price of $2.1m. The median overbid percentage was at 93%, with an average of 39 days on the market.

There were 34 condo and townhome units for sale, providing 2 months of inventory. There were 6 new listings and 12 units sold at a median sale price of $852k. The median overbid percentage was at 96.7%, with an average of 51 days on the market.

Single-Family Homes

15 New Listings

22 Sold Listings

8.9 Months of Inventory

$2.1M Median Sale Price

93% 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 December 2023 to December 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 2025. Each office is independently owned and operated.

6 New Listings

2 Months of Inventory $852K Median Sale Price 96.7% Median Sale vs List 51 Avg Days on Market 12 Sold Listings

StudioCity

DECEMBER 2023 - DECEMBER 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 $2m last December 2023, to $2 1m as of December 2024

Condos & Townhomes

The median sale price has increased from $725k last December 2023, to $852k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 66 days last December 2023, to 39 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 43 days in December 2023, to 51 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 94 4% last December 2023, to 93% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.8% last December 2023, to 96.7% a year later.

Westlak Village

What's in the Wes data?

There were 88 single-family providing 4.1 months of inve new listings, and 18 homes s of $1.5m. The median overb 95 8%, with an average of 58

There were 45 condo and tow sale, providing 2.3 months o were 6 new listings and 7 un sale price of $580k. The med percentage was at 94.2%, wi days on the market.

15 New Listings

4.1 Months of Inventory

95.8% Median Sale vs List

18 Sold Listings

$1.5M Median Sale Price

58 Avg Days on Market

single-family homes, condos and December 2024. This may was gathered. All data is KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025. Each office is independently owned and operated.

Condo

6

New Listings

7 Sold Listings

2.3

Months of Inventory $580K Median Sale Price 94.2%

Median Sale vs List 77 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 6m last December 2023, to $1 5m as of December 2024

Condos & Townhomes

The median sale price has decreased from $815k last December 2023, to $580k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 54 days last December 2023, to 58 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 52 days in December 2023, to 77 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 8% last December 2023, to 95 8% a year later

Condos & Townhomes

The overbid percentage has increased from 93.4% last December 2023, to 94.2% a year later.

Playa DelRey

What's in the Playa Del Rey data?

There were 20 single-family homes for sale, providing 4.3 months of inventory. There were 4 new listings, and 2 homes sold at a median price of $1.7m. The median overbid percentage was at 81%, with an average of 32 days on the market

There were 32 condo and townhome units for sale, providing 2.3 months of inventory. There were 4 new listings and 11 units sold at a median sale price of $799k. The median overbid percentage was at 97.5%, with an average of 56 days on the market.

4 New Listings

2 Sold Listings

4.3 Months of Inventory

$1.7M Median Sale Price

81% Median Sale vs List

32 Avg Days on Market

Condo

4

New Listings

11 Sold Listings

2.3

Months of Inventory

$799K Median Sale Price 97.5%

Median Sale vs List

56 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 8m last December 2023, to $1 7m as of December 2024

Condos & Townhomes

The median sale price has decreased from $800k last December 2023, to $799k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 0 days last December 2023, to 32 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 54 days in December 2023, to 56 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 87 1% last December 2023, to 81% a year later

Condos & Townhomes

The overbid percentage has increased from 92.2% last December 2023, to 97.5% a year later.

Venice

What's in the Venice data?

There were 129 single-family homes for sale, providing 6.1 months of inventory. There were 18 new listings, and 19 homes sold at a median price of $2.2m. The median overbid percentage was at 95.3%, with an average of 50 days on the market.

There were 20 condo and townhome units for sale, providing 0 months of inventory. There was 1 new listing and 1 unit sold at a median sale price of $1m. The median overbid percentage was at 100%, with an average of 0 days on the market.

Single-Family Homes

18 New Listings

19 Sold Listings

6.1 Months of Inventory

$2.2M Median Sale Price

95.3% Median Sale vs List

50 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo

1 New Listing

1 Sold Listing

0 Months of Inventory

$1M

Median Sale Price 100%

Median Sale vs List 0 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 3m last December 2023, to $2 2m as of December 2024

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 40 days last December 2023, to 50 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 80 days in December 2023, to 0 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 84 2% last December 2023, to 95 3% a year later 0% a year later

Condos & Townhomes

The overbid percentage has increased from 93.2% last December 2023, to 100% a year later.

West Hollyw

What's in the West

data?

There were 58 single-family h providing 15.3 months of inve new listings, and 7 homes sol of $2m. The median overbid p 95.2%, with an average of 58 d

There were 192 condo and tow sale, providing 6.2 months of were 30 new listings and 18 u sale price of $887k. The medi percentage was at 90.5%, with days on the market.

3 New Listings

15.3 Months of Inventory

95.2% Median Sale vs List

7 Sold Listings

$2M Median Sale Price

58 Avg Days on Market

single-family homes, condos and December 2024. This may was gathered. All data is KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025. Each office is independently owned and operated.

Condo

30

New Listings

18 Sold Listings

6.2

Months of Inventory $887K Median Sale Price 90.5%

Median Sale vs List 64 Avg Days on Market

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has decreased from $989k last December 2023, to $887k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 69 days last December 2023, to 58 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 34 days in December 2023, to 64 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 8% last December 2023, to 95 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 97% last December 2023, to 90.5% a year later.

He-Family Homes

27 New Listings

21 Sold Listings

13.4 Months of Inventory

$3.3M

Median Sale Price

94.3%

Median Sale vs List

73 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo

8

New Listings

9 Sold Listings

8 Months of Inventory $1.5M Median Sale Price 87.1%

Median Sale vs List

62 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $9 5m last December 2023, to $3 3m as of December 2024

Condos & Townhomes

The median sale price has increased from $975k last December 2023, to $1 5m as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 71 days last December 2023, to 73 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 64 days in December 2023, to 62 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 79 2% last December 2023, to 94 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 94.2% last December 2023, to 87.1% a year later.

Riverside County

What's in the Riverside data?

There were 9,309 single-family home providing 3.8 months of inventory. Th 1,540 new listings, and 1,654 homes median price of $620k. The median o percentage was at 96.4%, with an av days on the market

There were 2,036 condo and townho sale, providing 4.9 months of invento were 319 new listings and 260 units median sale price of $480k. The med percentage was at 95.8%, with an av days on the market.

1,540 New Listings

1,654 Sold Listings

3.8 Months of Inventory

$620K Median Sale Price

96.4%

Median Sale vs List

52 Avg Days on Market

all single-family homes, condos and 2023 to December 2024. This may time the data was gathered. All data is 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025. Each office is independently owned and operated.

Condo & Townhomes

319 New Listings

260 Sold Listings

4.9 Months of Inventory $480K Median Sale Price 95.8%

Median Sale vs List 63 Avg Days on Market

RiversideCounty

DECEMBER 2023 - DECEMBER 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 $600k last December 2023, to $620k as of December 2024

Condos & Townhomes

The median sale price has increased from $472k last December 2023, to $480k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 47 days last December 2023, to 52 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 49 days in December 2023, to 63 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 9% last December 2023, to 96 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.4% last December 2023, to 95.8% a year later.

Encino

What's in the Encino data?

There were 198 single-family homes for sale, providing 5.5 months of inventory. There were 26 new listings, and 36 homes sold at a median price of $2.2m. The median overbid percentage was at 95.5%, with an average of 60 days on the market.

There were 76 condo and townhome units for sale, providing 4.4 months of inventory. There were 13 new listings and 12 units sold at a median sale price of $642k. The median overbid percentage was at 100.6%, with an average of 57 days on the market.

26 New Listings

mily Homes

36 Sold Listings

5.5 Months of Inventory

$2.2M Median Sale Price

95.5%

Median Sale vs List

60 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and ornia Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo & Townhomes

13

New Listings

12 Sold Listings

4.4

Months of Inventory

$642K

Median Sale Price

100.6%

Median Sale vs List

57 Avg Days on Market

Encino

DECEMBER 2023 - DECEMBER 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 $2 1m last December 2023, to $2 2m as of December 2024

Condos & Townhomes

The median sale price has decreased from $769k last December 2023, to $642k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 28 days last December 2023, to 60 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 58 days in December 2023, to 57 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92 5% last December 2023, to 95 5% a year later

Condos & Townhomes

The overbid percentage has increased from 96.3% last December 2023, to 100.6% a year later.

SanDiego County

What's in the San Diego County data?

There were 5,334 single-family homes for sale, providing 3.6 months of inventory. There were 908 new listings, and 1,124 homes sold at a median price of $1m. The median overbid percentage was at 95 8%, with an average of 40 days on the market.

There were 2,722 condo and townhome units for sale, providing 3.5 months of inventory. There were 484 new listings and 559 units sold at a median sale price of $650k. The median overbid percentage was at 97.1%, with an average of 43 days on the market

908 New Listings

1,124 Sold Listings

3.6 Months of Inventory

$1M Median Sale Price

95.8%

Median Sale vs List

40 Avg Days on Market

Condo & Townhomes

484

New Listings

559 Sold Listings

3.5

Months of Inventory

$650K

Median Sale Price 97.1%

Median Sale vs List

43 Avg Days on Market

SanDiegoCounty

DECEMBER 2023 - DECEMBER 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 $930k last December 2023, to $1m as of December 2024

Condos & Townhomes

The median sale price has increased from $635k last December 2023, to $650k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 32 days last December 2023, to 40 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 27 days in December 2023, to 43 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97% last December 2023, to 95 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.8% last December 2023, to 97.1% a year later.

Inglewood

What's in the Inglewood data?

There were 68 single-family homes for sale, providing 3.1 months of inventory. There were 12 new listings, and 20 homes sold at a median price of $832k. The median overbid percentage was at 98.7%, with an average of 54 days on the market.

There were 53 condo and townhome units for sale, providing 4.1 months of inventory. There were 12 new listings and 11 units sold at a median sale price of $450k. The median overbid percentage was at 96.4%, with an average of 69 days on the market.

Single-Family Homes

12 New Listings

20 Sold Listings

3.1 Months of Inventory

$832K Median Sale Price

98.7% 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 December 2023 to December 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 2025. Each office is independently owned and operated.

DECEMBER 2023 - DECEMBER 2024

mes

year-over-year. omes , year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $732k last December 2023, to $832k as of December 2024

Condos & Townhomes

The median sale price has decreased from $590k last December 2023, to $450k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 51 days last December 2023, to 54 days as of December 2024

Condos & Townhomes

The average time spent on the market went down from 82 days in December 2023, to 69 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last December 2023, to 98 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.8% last December 2023, to 96.4% a year later.

Orange County

What's in the Orange County data?

There were 3,291 single-family homes for sale, providing 2.5 months of inventory. There were 569 new listings, and 1,005 homes sold at a median price of $1.3m. The median overbid percentage was at 96%, with an average of 43 days on the market.

There were 1,769 condo and townhome units for sale, providing 2.5 months of inventory. There were 358 new listings and 543 units sold at a median sale price of $780k. The median overbid percentage was at 97.6%, with an average of 41 days on the market

569 New Listings

mily Homes

1,005 Sold Listings

2.5 Months of Inventory

$1.3M Median Sale Price

96%

Median Sale vs List

43 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and ornia Area from December 2023 to December 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 2025. Each office is independently owned and operated.

Condo & Townhomes

358 New Listings

543 Sold Listings

2.5

Months of Inventory

$780K

Median Sale Price 97.6%

Median Sale vs List 41 Avg Days on Market

OrangeCounty

DECEMBER 2023 - DECEMBER 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 2m last December 2023, to $1 3m as of December 2024

Condos & Townhomes

The median sale price has increased from $752k last December 2023, to $780k as of December 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 35 days last December 2023, to 43 days as of December 2024

Condos & Townhomes

The average time spent on the market went up from 34 days in December 2023, to 41 days as of December 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 4% last December 2023, to 96% a year later % a year later

Condos & Townhomes

The overbid percentage has decreased from 98.4% last December 2023, to 97.6% a year later.

Topanga City

What's in the Topanga City data?

There were 44 single-family homes for sale, providing 27 months of inventory. There was 1 new listing, and 5 homes sold at a median price of $1.5m. The median overbid percentage was at 96 7%, with an average of 24 days on the market

There was no data for condo and townhouse units for this month.

Single-Family Homes

1 New Listing

5 Sold Listings

27 Months of Inventory

$1.5M Median Sale Price

96.7%

Median Sale vs List

24 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2023 to December 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 2025. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data for this month.

Topanga

DECEMBER 2023 - DECEMBER 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 $1 7m last December 2023, to $1 5m as of December 2024

Condos & Townhomes

No data for this month

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 78 days last December 2023, to 24 days as of December 2024

Condos & Townhomes

No data for this month

Overbids

Single-Family Homes

The overbid percentage has increased from 95 8% last December 2023, to 96 7% a year later

Condos & Townhomes

No data for this month

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