Andrea Gressinger | July 2023 Market Report

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

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Culver City

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Sherman Oaks

Jump to Sherman Oaks Report

Studio City

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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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Playa Vista

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Westchester

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ABOUT ME

Andrea has been a Top Producer at KW Advisors since 2006 and is consistently in the top 4% of agents nationwide. She began her real estate career in 2002, when she bought her first of 8 income properties. She remodeled each one and managed the tenants. When she became a real estate agent, she realized that her passion extended to helping others buy and sell homes and income properties. Since then, she’s helped over 250 individuals and families buy and sell homes.

Due to her wealth of experience, Andrea is a true consultant and can share with her clients how to make great real estate decisions. Not to mention how her extensive knowledge of the real estate market, the mortgage industry, the tax benefits of ownership, design, remodeling, and marketing all make her uniquely qualified to serve her client's needs. Whether buying or selling a home or investment property, Andrea is here to create outstanding real estate experiences!

Each office is independently owned and operated.
Andrea Gressinger DRE #01756680 (310) 940-1024 andrea@gressingergroup.com thegressingergoup.com Check out my website here 2701 Ocean Park Blvd. , Santa Monica, CA, 90405, United States

Client Testimonials

“I would like to highly recommend real estate professional Andrea Gressinger. She has represented me in two real estate transactions and has gone above and beyond the usual activities of a real estate agent."

“Andrea Gressinger was a pleasure to work with as she helped us sell our Venice home. Everything fell into place just as retirement was finalized. Andrea even found a fabulous moving company for us!”

“With all that has transpired the past several weeks, I have been negligent in expressing my most sincere gratitude to you and your team. You have truly made the experience of selling my home a wonderful one no small feat given the circumstances that necessitated our sale! I honestly can't imagine this going any better, and I credit you for that. From my initial contact with you for an appraisal of our house when my husband and I first began contemplating divorce, to when we finally decided to list months later, and up through the close of escrow this past Friday, you have been the embodiment of patience, professionalism, caring, and compassion "

For more testimonials, click here

"
" "
I can help... Contact me for a confidential, no obligation assessment of your home's value. That's really 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. At the end of the day, 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? What’s your home really worth in today’s market? Andrea Gressinger DRE #01756680 (310) 940-1024 andrea@gressingergroup.com thegressingergoup.com 2701 Ocean Park Blvd. , Santa Monica, CA, 90405, United States
am dedicated to maintaining a long-term business relationship with you, as evidenced by my past work. Please contact me when you're ready to move forward with your next purchase or sale, and let's discuss how to make it happen.
Andrea Gressinger Book a consultation here Let’s Talk Andrea Gressinger (310) 940-1024 andrea@gressingergroup.com Let’s Meet 2701 Ocean Park Blvd. , Santa Monica, CA, 90405, United States
I
Schedule A Meeting Work with

Two Questions To Ask Yourself if You’re Considering Buying a Home

If you’re thinking of buying a home, chances are you’re paying attention to almost everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot.

To help cut through the noise and give you the information you need most, take a look at what the data says. Here are the top two questions you need to ask yourself about home prices and mortgage rates as you decide.

Los Angeles

What's in the Los Angeles data?

There were 11,865 single-family homes for s providing 2.2 months of inventory. There we 3,906 new listings and 3,351 homes sold at median sale price of $940k. The median ove percentage was 98.7%, with an average of 2 days on the market.

There were 3,895 condo and townhome uni sale, providing 2.1 months of inventory. The were 1,418 new listings and 1,153 units sold median sale price of $670k. The median ove percentage was 99.1%, with an average of 2 days on the market.

906 ngs 2 f Inventory $940K Median Sale Price .7% ale vs List 3,351 Sold Listings
He-Family Homes ced from Broker Metrics, includes all single-family homes, condos and the California Area from June 2022 to June 2023 This may include a, and may vary from the time the data was gathered All data is deemed guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | rina Del Rey 2023 Each office is independently owned and operated 27 Avg Days on Market

1,418 New Listings

1,153

Listings

2.1

Months of Inventory $670K Median Sale Price 99.1% Median Sale vs List 28 Avg Days on Market
Sold
CONDO Condo & Townhomes

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 25000 20000 15000 10000 5000 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 7500 5000 2500 0 Los Angeles JUNE 2022 - JUNE 2023
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $995k last June 2022, to $940k as of June 2023

Condos & Townhomes

The median sales price has decreased from $697k last June 2022, to $670k as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 22 days last June 2022, to 27 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 22 days in June 2022, to 28 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101.5% last June 2022, to 98.7% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102.4% last June 2022, to 99.1% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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W d T p n o 9 T s 5 p w m
S M

SFH Single-Family Homes

30 New Listings

17 Sold Listings

4.7 Months of Inventory

$3.4M Median Sale Price

98.3% 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 June 2022 to June 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023 Each office is independently owned and operated

Co

53 New Listi

3 Months of Inven

99.4% Median Sale vs

LISTINGS FOR SALE SOLD LISTINGS

y y

Median Sales Price

Single-Family Homes

The median sales price has decreased from $4 3m last June 2022, to $3 4m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1 32m last June 2022, to $1 31m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 30 days last June 2022, to 39 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 24 days in June 2022, to 31 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 103.8% last June 2022, to 98.3% a year later.

Condos & Townhomes

The overbid percentage has increased from 99.1% last June 2022, to 99.4% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100 75 50 25 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 125% 100% 75% 50% 25% 0%
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Brentwood

What's in the Brentwood data?

There were 126 single-family homes for sale, providing 9.8 months of inventory. There were 26 new listings and 11 homes sold at a median price of $3m. The median overbid percentage was 93.3%, averaging 54 days on the market.

There were 56 condo and townhome units for sale, providing 3.5 months of inventory. There were 15 new listings and 14 units sold at a median price of $1m. The median overbid percentage was 100.6%, with an average of 44 days on the market.

SFH Single-Family Homes

26 New Listings

11 Sold Listings

9.8 Months of Inventory

$3M Median Sale Price

93.3% 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 June 2022 to June 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023 Each office is independently owned and operated

15 New Listings

14 Sold Listings

3.5 Months of Inventory

$1M Median Sale Price

100.6% Median Sale vs List

44 Avg Days on Market

CONDO Condo & Townhomes

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 100 75 50 25 0 Brentwood
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $3 9m last June 2022, to $3m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1 1m last June 2022, to $1m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 16 days last June 2022, to 54 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 11 days in June 2022, to 44 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98.8% last June 2022, to 93.3% a year later.

Condos & Townhomes

The overbid percentage has decreased from 104.2% last June 2022, to 100.6% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Ma De

What data?

There we providin new listin price of $ was 94.4

There we sale, pro were 37 sale pric percenta days on

Mce s, condos and s may include data is deemed Santa Monica | d operated rket

Cond

37 New Listings

3.5 Months of Inventory

93.6% Median Sale vs List

LISTINGS FOR SALE SOLD LISTINGS

Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023
ear. y year.
el Rey

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 7m last June 2022, to $1 9m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1 259m last June 2022, to $1 250m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 61 days last June 2022, to 23 days as of June 2023.

Condos & Townhomes

The average time spent on the market has remained at 29 days since June 2022.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97% last June 2022, to 94.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 100.4% last June 2022, to 93.6% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Pacific Palisades

What's in the Pacific Palisades data?

There were 137 single-family homes for sale providing 4.2 months of inventory. There we new listings and 16 homes sold at a median of $3.6m. The median overbid percentage w 95.3%, with an average of 39 days on the ma

There were 40 condo and townhome units f sale, providing 4 months of inventory. There 9 new listings and 6 units sold at a median s price of $1.1m. The median overbid percent was 97.5%, with an average of 16 days on th market.

ngs 2 f Inventory $3.6M Median Sale Price .3% ale vs List 16 Sold Listings
e-Family Homes ced from Broker Metrics, includes all single-family homes, condos and the California Area from June 2022 to June 2023 This may include a, and may vary from the time the data was gathered All data is deemed guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | rina Del Rey 2023 Each office is independently owned and operated 39 Avg Days on Market
H

9 New Listings

Townhomes

6 Sold Listings

4 Months of Inventory

$1.1M Median Sale Price

97.5% Median Sale vs List

16 Avg Days on Market

CONDO Condo &

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 60 40 20 0 Pacific Palisades
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $5 2m last June 2022, to $3 6m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1 8m last June 2022, to $1 1m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 24 days last June 2022, to 39 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 32 days in June 2022, to 16 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100.3% last June 2022, to 95.3% a year later.

Condos & Townhomes

The overbid percentage has decreased from 99.2% last June 2022, to 97.5% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $6,000,000 $4,000,000 $2,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Culver City

What's in the Culver City dat

There were 68 single-family homes for sale, providing 2.2 months of inventory. There wer new listings and 24 homes sold at a median p of $1.5m. The median overbid percentage w 104.1%, with an average of 22 days on the m

There were 41 condo and townhome units fo sale, providing 1.7 months of inventory. Ther were 19 new listings and 15 units sold at a m price of $676k. The median overbid percenta was 101.7%, with an average of 15 days on th market.

FH ngle-Family Homes

8 Listings

24 Sold Listings

.2 ths of Inventory

$1.5M Median Sale Price

04.1% ian Sale vs List

22 Avg Days on Market

ta, sourced from Broker Metrics, includes all single-family homes, condos and mes in the California Area from June 2022 to June 2023 This may include nary data, and may vary from the time the data was gathered All data is deemed but not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | ood | Marina Del Rey 2023 Each office is independently owned and operated

19 New Listings 1.7 Months of Inventory $67 Median S 101.7% Median Sale vs List Avg Days o Sold COND Condo & Townh

2 - JUNE 2023

LISTINGS FOR SALE SOLD LISTINGS

mily Homes onths, year-over-year.

Townhomes onths, year-over-year.

Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023
ver City

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 8m last June 2022, to $1 5m as of June 2023

Condos & Townhomes

The median sales price has decreased from $685k last June 2022, to $676k as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 15 days last June 2022, to 22 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 13 days in June 2022, to 15 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 102.5% last June 2022, to 104.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 106% last June 2022, to 101.7% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Sherman Oak

What's in the Sherman Oaks data?

There were 144 single-family homes for sale providing 2.9 months of inventory. There we new listings and 41 homes sold at a median of $1.8m. The median overbid percentage w 99.4%, averaging 38 days on the market.

There were 53 condo and townhome units f sale, providing 2.5 months of inventory. The were 26 new listings and 20 units sold at a m price of $737k. The median overbid percent was 102.1%, with an average of 19 days on t market.

ngs 9 f Inventory $1.8M Median Sale Price .4% ale vs List 41 Sold Listings
He-Family Homes ced from Broker Metrics, includes all single-family homes, condos and the California Area from June 2022 to June 2023 This may include a, and may vary from the time the data was gathered All data is deemed guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | rina Del Rey 2023 Each office is independently owned and operated 38 Avg Days on Market

Condo

26 New Listings

2.5 Months of Inventory

102.1% Median Sale vs List

Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Oaks ear. y year.
SOLD LISTINGS
LISTINGS FOR SALE

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2m last June 2022, to $1 8m as of June 2023

Condos & Townhomes

The median sales price has increased from $702k last June 2022, to $737k as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 15 days last June 2022, to 38 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 15 days in June 2022, to 19 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104.3% last June 2022, to 99.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 105.8% last June 2022, to 102.1% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 50 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Studio City

What's in the Studio City data

There were 118 single-family homes for sale, providing 4 months of inventory. There were 30 new listings and 30 homes sold at a median pri of $2.1m. The median overbid percentage was 97.3%, averaging 21 days on the market.

There were 29 condo and townhome units for sale, providing 1.1 months of inventory. There were 11 new listings and 10 units sold at a med sale price of $930k. The median overbid percentage was 100.7%, averaging 11 days on market.

0 istings s of Inventory $2.1M Median Sale Price 7.3% n Sale vs List 30 Sold Listings FH gle-Family Homes sourced from Broker Metrics, includes all single-family homes, condos and es in the California Area from June 2022 to June 2023 This may include y data, and may vary from the time the data was gathered All data is deemed ut not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | d | Marina Del Rey 2023 Each office is independently owned and operated 21 Avg Days on Market
New Listings
Months of Inventory $930K Median Sale Price 100.7% Median Sale vs List 11 Avg Days on Market 10 Sold Listings CONDO Condo & Townhomes
11
1.1

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 75 50 25 0 Studio
2022
JUNE 2023
City JUNE
-
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 4m last June 2022, to $2 1m as of June 2023

Condos & Townhomes

The median sales price has increased from $760k last June 2022, to $930k as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 20 days last June 2022, to 21 days as of June 2023.

Condos & Townhomes

The average time spent on the market went down from 33 days in June 2022, to 11 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102.9% last June 2022, to 97.3% a year later.

Condos & Townhomes

The overbid percentage has increased from 99.7% last June 2022, to 100.7% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Playa Del Rey

What's in the Playa Del Rey data?

There were 18 single-family homes for sale, providing 16 months of inventory. There were 7 new listings, and 1 home sold at a median sale price of $3.3m. The median overbid percentage was 100%, with an average of 207 days on the market.

There were 30 condo and townhome units for sale, providing 1.8 months of inventory. There were 13 new listings and 5 units sold at a median price of $937k. The median overbid percentage was 101.2%, averaging 21 days on the market.

7 New Listings

1 Sold Listings

16 Months of Inventory

$3.3M Median Sale Price

100% Median Sale vs List

207 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023 Each office is independently owned and operated

SFH Single-Family Homes

CONDO

Condo & Townhomes

13 New Listings

5 Sold Listings

1.8 Months of Inventory

$937K Median Sale Price

101.2% Median Sale vs List

21 Avg Days on Market

Playa Del Rey

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 40 30 20 10 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 60 40 20 0
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has increased from $2 8m last June 2022, to $3 3m as of June 2023

Condos & Townhomes

The median sales price has increased from $676k last June 2022, to $937k as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 38 days last June 2022, to 207 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 13 days in June 2022, to 21 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102.3% last June 2022, to 100% a year later.

Condos & Townhomes

The overbid percentage has decreased from 103.5% last June 2022, to 101.2% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 250 200 150 100 50 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Ne
Months of 105. Median S
Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 ear. y year.
SOLD
LISTINGS FOR SALE
LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has increased from $2 4m last June 2022, to $2 5m as of June 2023

Condos & Townhomes

The median sales price has decreased from $2 8m last June 2022, to $1m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 22 days last June 2022, to 41 days as of June 2023.

Condos & Townhomes

The average time spent on the market went down from 53 days in June 2022, to 19 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102.5% last June 2022, to 97.9% a year later.

Condos & Townhomes

The overbid percentage has increased from 96.3% last June 2022, to 105.1% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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West Hollywood

What's in the West Hollywood data?

There were 45 single-family homes for sale, providing 17.5 months of inventory. There were 10 new listings and 4 homes sold at a median sale price of $1.9m. The median overbid percentage was 93.4%, averaging 74 days on the market.

There were 152 condo and townhome units for sale, providing 5.1 months of inventory. There were 48 new listings and 23 units sold at a median sale price of $900k. The median overbid percentage was 96.8%, with an average of 29 days on the market.

SFH Single-Family Homes

10 New Listings

4 Sold Listings

17.5 Months of Inventory

$1.9M Median Sale Price

93.4% Median Sale vs List

74 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023 Each office is independently owned and operated

48 New Listings 5.1 Months of Inventory $900K Median Sale Price 96.8% Median Sale vs List 29 Avg Days on Market 23 Sold Listings CONDO Condo & Townhomes

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 75 50 25 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 250 200 150 100 50 0 West Hollywood
2022 - JUNE 2023
JUNE
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 4m last June 2022, to $1 9m as of June 2023

Condos & Townhomes

The median sales price has increased from $861k last June 2022, to $900k as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 35 days last June 2022, to 74 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 24 days in June 2022, to 29 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 97.2% last June 2022, to 93.4% a year later.

Condos & Townhomes

The overbid percentage has decreased from 100.1% last June 2022, to 96.8% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 150 100 50 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Beverly H

What's in the Beve data?

There were 244 single-family providing 9.7 months of inven new listings and 20 homes so price of $4.6m. The median o was 83.7%, averaging 58 day

There were 58 condo and tow sale, providing 3.3 months of were 10 new listings and 15 u sale price of $2.2m. The med percentage was 88.7%, avera market.

$4.6M Median Sale Price 20 Sold Listings Homes ncludes all single-family homes, condos and June 2022 to June 2023 This may include me the data was gathered All data is deemed 9010 Copyright KW Advisors Santa Monica | fice is independently owned and operated 58 Avg Days on Market

CONDO

Condo & Townhomes

10 New Listings

15 Sold Listings

3.3 Months of Inventory

$2.2M Median Sale Price

88.7% Median Sale vs List

71 Avg Days on Market

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 400 300 200 100 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 80 60 40 20 0 Beverly Hills
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has increased from $3 9m last June 2022, to $4 6m as of June 2023

Condos & Townhomes

The median sales price has increased from $1 1m last June 2022, to $2 2m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 69 days last June 2022, to 58 days as of June 2023.

Condos & Townhomes

The average time spent on the market went up from 56 days in June 2022, to 71 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 95.5% last June 2022, to 83.7% a year later.

Condos & Townhomes

The overbid percentage has decreased from 93.9% last June 2022, to 88.7% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100% 75% 50% 25% 0%
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Playa Vista

What's in the Playa Vista data?

There were 8 single-family homes for sale, providing 7 months of inventory. There were 0 new listings and 2 homes sold at a median sale price of $2.9m. The median overbid percentage was 102%, averaging 40 days on the market.

There were 20 condo and townhome units for sale, providing 1.3 months of inventory. There were 6 new listings and 7 units sold at a median sale price of $1m. The median overbid percentage was 98.9%, averaging 14 days on the market.

SFH Single-Family Homes

0 New Listings

2 Sold Listings

7 Months of Inventory

$2.9M Median Sale Price

102% Median Sale vs List

40 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2022 to June 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023 Each office is independently owned and operated

CONDO

Condo & Townhomes

6 New Listings

7 Sold Listings

1.3 Months of Inventory

$1M Median Sale Price

98.9% Median Sale vs List

14 Avg Days on Market

Playa Vista

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 15 10 5 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 50 40 30 20 10 0
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $3 5m last June 2022, to $2 9m as of June 2023

Condos & Townhomes

The median sales price has decreased from $1 2m last June 2022, to $1m as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 10 days last June 2022, to 40 days as of June 2023.

Condos & Townhomes

The average time spent on the market went down from 19 days in June 2022, to 14 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has increased from 98.8% last June 2022, to 102% a year later.

Condos & Townhomes

The overbid percentage has decreased from 99.1% last June 2022, to 98.9% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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Westchester

What's in the Westchester data?

There were 8 single-family homes for sale, providing 2.5 months of inventory. There we new listings and 2 homes sold at a median p of $1.7m. The median overbid percentage w 97.3%, averaging 4 days on the market.

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

ngs
f Inventory
Median Sale Price
ale vs List
Sold Listings
5
$1.7M
.3%
2
e-Family
from Broker Metrics, includes all single-family homes, condos and the California Area from June 2022 to June 2023 This may include a, and may vary from the time the data was gathered All data is deemed guaranteed DRE# 01499010 Copyright KW Advisors Santa Monica | rina Del Rey 2023 Each office is independently owned and operated
HHomes ced
Days on Market
4 Avg
New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
1

JUNE 2022 - JUNE 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 20 15 10 5 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 2 15 1 05 0 Westchester
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2m last June 2022, to $1 7m as of June 2023

Condos & Townhomes

The median sales price has decreased from $440k last June 2022, to $0 as of June 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 15 days last June 2022, to 4 days as of June 2023.

Condos & Townhomes

The average time spent on the market remained the same from 0 days last June 2022, to 0 days as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100.1% last June 2022, to 97.3% a year later.

Condos & Townhomes

The overbid percentage has decreased from 95.7% last June 2022, to 0% a year later.

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $3,000,000 $2,000,000 $1,000,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
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2701 Ocean Park Blvd #140, Santa Monica, CA 90405, United States Keller Williams Santa Monica 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States Keller Williams Brentwood 444 Washington Blvd Marina Del Rey, CA 90292, United States Keller Williams Marina Del Rey 845 Vía De La Paz, Pacific Palisades, CA 90272, United States Keller Williams Pacific Palisades

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