Market report for Southern California area July 2023

Page 1

July 2023 Copyright by KW Advisors 2023

Southern California area

Los Angeles

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Santa Monica

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Brentwood

Jump to Brentwood Report

Marina Del Rey

Jump to Marina Del Rey Report

Pacific Palisades

Jump to Pacific Palisades Report

Culver City

Jump to Culver City Report

Sherman Oaks

Jump to Sherman Oaks Report

Studio City

Jump to Studio City Report

Westlake Village

Jump to Westlake Village Report

Playa Del Rey

Jump to Playa Del Rey Report

Venice

Jump to Venice Report

West Hollywood

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Beverly Hills

Jump to Beverly Hills Report

Riverside County

Jump to Riverside County Report

Encino

Jump to Encino Report

San Diego County

Jump to San Diego County Report

Inglewood

Jump to Inglewood Report

Orange County

Jump to Orange County Report

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 home's value.

Icanhelp...

TwoQuestionsToAsk YourselfifYou’reConsidering BuyingaHome

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.

LosAngele

What's in the Los Angeles da

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 a median sale price of $940k. The median ove percentage was 98.7%, with an average of 27 on the market.

There were 3,895 condo and townhome unit sale, providing 2 1 months of inventory Ther 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 28 on the market.

He-Family Homes

06 ngs

3,351 Sold Listings

2 f Inventory

$940K Median Sale Price

.7% ale vs List

27 Avg Days on Market

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

1,418 New Listings

1,153 Sold Listings

2.1 Months of Inventory

$670K Median Sale Price 99.1% Median Sale vs List 28 Avg Days on Market
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 LosAngeles
JUNE 2023
JUNE 2022 -
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

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.

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.

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

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%
AVGDays OntheMarket
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S M

W d T p n o 9 T s 5 p w 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

5 New Listi Months of Inven

99.4% Median Sale vs

LISTINGS FOR SALE SOLD LISTINGS

y y

Median SalesPrice

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.

AVGDays OntheMarket

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 SalesPrice

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.

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.

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

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%
AVGDays OntheMarket
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M De

What' data?

There we providing new listin price of $ was 94 4 There we sale, pro were 37 sale pric percenta on the m

Mhomes, condos and This may include data is deemed Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

ce
rket

C 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 DelRey ear. y year

Median SalesPrice

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.

AVGDays OntheMarket

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 fo 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 percenta was 97.5%, with an average of 16 days on th market.

He-Family Homes

ngs

2 f Inventory

16 Sold Listings

$3.6M Median Sale Price

.3% ale vs List

39 Avg Days on Market

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

CONDO

Condo & Townhomes

9 New Listings

6 Sold Listings

4 Months of Inventory

$1.1M Median Sale Price

97.5% Median Sale vs List

16 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 200 150 100 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 60 40 20 0 PacificPalisades
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

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.

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.

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

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%
AVGDays OntheMarket
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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 wa 104.1%, with an average of 22 days on the ma

There were 41 condo and townhome units fo sale, providing 1.7 months of inventory. There 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

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 but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

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

lverCity

JUNE 2022 - 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

Median SalesPrice

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.

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.

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

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%
AVGDays OntheMarket
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Sherman Oaks

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

He-Family Homes

ngs

9 f Inventory

41 Sold Listings

$1.8M Median Sale Price

.4% ale vs List

38 Avg Days on Market

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

C Cond

26 New Listings

2.5 Months of Inventory

102.1% Median Sale vs List

LISTINGS FOR SALE SOLD LISTINGS

Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 nOaks ear. y year

Median SalesPrice

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.

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.

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

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%
AVGDays OntheMarket
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StudioCity

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 t market.

FH gle-Family Homes

0 istings s of Inventory

30 Sold Listings

$2.1M Median Sale Price

7.3% n Sale vs List

21 Avg Days on Market

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 but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

1.1

New
11
Listings
Months of Inventory
Median Sale Price
Median Sale vs List
on Market
Condo & Townhomes
$930K
100.7%
11 Avg Days
10 Sold Listings 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 75 50 25 0
StudioCity
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

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.

AVGDays OntheMarket

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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Westlake Village

What's in the Westlake Village data?

There were 114 single-family homes for sale, providing 1.8 months of inventory. There were 31 new listings and 37 homes sold at a median sale price of $1.6m. The median overbid percentage was 98 5%, averaging 42 days on the market

There were 45 condo and townhome units for sale, providing 1.5 months of inventory. There were 18 new listings and 17 units sold at a median price of $1m. The median overbid percentage was 96%, with an average of 26 days on the market.

SFH Single-Family Homes

31 New Listings

37 Sold Listings

1.8 Months of Inventory

$1.6M Median Sale Price

98.5% Median Sale vs List

42 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.

LISTINGS FOR SALE SOLD LISTINGS

, y y

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 8m last June 2022, to $1 6m as of June 2023

Condos & Townhomes

The median sales price has increased from $763k last June 2022, to $1m as of June 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 26 days last June 2022, to 42 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 19 days in June 2022, to 26 days as of June 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 8% last June 2022, to 98 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.8% last June 2022, to 96% a year later.

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

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.

SFH Single-Family Homes

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.

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

PlayaDelRey

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 SalesPrice

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.

AVGDays OntheMarket

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
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

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.

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.

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

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%
AVGDays OntheMarket
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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.

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

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 WestHollywood JUNE 2022 - JUNE 2023
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

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.

AVGDays OntheMarket

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 Hills

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 days

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 includes all single-family homes, condos and June 2022 to June 2023. This may include time the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office 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 BeverlyHills
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

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.

AVGDays OntheMarket

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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Riverside County

What's in the Riverside County data?

There were 7,562 single-family homes for sale, providing 2.2 months of inventory. There were 2,260 new listings and 2,086 homes sold at a median sale price of $616k. The median overbid percentage was 97 4%, averaging 38 days on the market.

There were 1,456 condo and townhome units for sale, providing 2.4 months of inventory. There were 334 new listings and 334 units sold at a median sale price of $460k. The median overbid percentage was 96.6%, averaging 47 days on the market

SFH Single-Family Homes

2,260 New Listings

2,086 Sold Listings

2.2 Months of Inventory

$616K Median Sale Price

97.4% Median Sale vs List

38 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.

334 New Listings 2.4 Months of Inventory $460K Median Sale Price 96.6% Median Sale vs List 47 Avg Days on Market 334 Sold Listings
Condo & Townhomes
CONDO

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 15000 10000 5000 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 2500 2000 1500 1000 500 0 RiversideCounty
2022 - JUNE 2023
JUNE
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $615k last June 2022, to $616k as of June 2023

Condos & Townhomes

The median sales price has increased from $454k last June 2022, to $460k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 1% last June 2022, to 97 4% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.6% last June 2022, to 96.6% a year later.

Single-Family Homes

The average time spent on the market went up from 24 days last June 2022, to 38 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 24 days in June 2022, to 47 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 60 40 20 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Encino

What's in the Encino data?

There were 185 single-family homes for sale providing 3.9 months of inventory. There we new listings and 33 homes sold at a median of $2.7m. The median overbid percentage w 92.1%, averaging 39 days on the market.

There were 44 condo and townhome units fo sale, providing 2.2 months of inventory. Ther were 16 new listings and 18 units sold at a m price of $645k. The median overbid percenta was 99%, with an average of 17 days on the market.

He-Family Homes

ngs

9 f Inventory

33 Sold Listings

$2.7M Median Sale Price

.1% ale vs List

39 Avg Days on Market

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

16 New Listings 2.2 Months of Inventory $645K Median Sale Price 99% Median Sale vs List 17 Avg Days on Market 18 Sold Listings 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 50 00 50 00 50 0 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 25 00 75 50 25 0 Encino
LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $524k last June 2022, to $645k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 103 9% last June 2022, to 92 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.9% last June 2022, to 99% a year later.

Single-Family Homes

The average time spent on the market went up from 18 days last June 2022, to 39 days as of June 2023

Condos & Townhomes

The average time spent on the market went down from 25 days in June 2022, to 17 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $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%
AVGDays OntheMarket
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Sa C

Wha data There provid

1,683 n media percen on the There sale, p were 6 media percen days o

784 New Listings

663 Sold Listings

$640K

1.7 Months of Inventory
Median Sale Price
Median Sale vs List
Avg Days on Market
100.1%
17
Condo & Townhomes
CONDO

LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $970k last June 2022, to $999k as of June 2023

Condos & Townhomes

The median sales price has increased from $630k last June 2022, to $640k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 6% last June 2022, to 99 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.5% last June 2022, to 100.1% a year later.

Single-Family Homes

The average time spent on the market went up from 17 days last June 2022, to 19 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 14 days in June 2022, to 17 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 40 30 20 10 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Inglew

What's in the In

There were 78 single-fa providing 2.6 months o new listings and 24 hom price of $777k. The me was 98%, averaging 51 There were 33 condo a sale, providing 5.2 mon were 8 new listings and sale price of $503k. Th percentage was 97.4% market.

y Homes

24 Sold Listings

$777K Median Sale Price

51 Avg Days on Market

Metrics, includes all single-family homes, condos and from June 2022 to June 2023. This may include from the time the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

Mo 9 M
023 May2023 Jun2023 2023 May2023 Jun2023 y y S

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $791k last June 2022, to $777k as of June 2023

Condos & Townhomes

The median sales price has decreased from $510k last June 2022, to $503k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 7% last June 2022, to 98% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.7% last June 2022, to 97.4% a year later.

Single-Family Homes

The average time spent on the market went up from 25 days last June 2022, to 51 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

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 100 75 50 25 0 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Orange County

What's in the Orange data?

There were 3,670 single-family ho providing 1.7 months of inventor 1,349 new listings and 1,286 hom median price of $1.2m. The med percentage was 97 7%, averaging market.

There were 1,620 condo and tow sale, providing 1.3 months of inv were 635 new listings and 633 un median price of $735k. The medi percentage was 99.8%, averaging market

286 stings

.2M Sale Price

s on Market

single-family homes, condos and June 2023. This may include gathered. All data is deemed KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

New Listings 1.3 Months of Inventory $735 Median Sale P 99.8% Median Sale vs List 2 Avg Days on Ma 63 Sold List CONDO Condo & Townhom
635
23 Mar2023 Apr2023 May2023 Jun2023 2023 Mar2023 Apr2023 May2023 Jun2023 unty y y LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has remained at $1 2m this year compared to last June 2022

Condos & Townhomes

The median sales price has increased from $727k last June 2022, to $735k as of June 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 1% last June 2022, to 97 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.6% last June 2022, to 99.8% a year later.

Single-Family Homes

The average time spent on the market went up from 20 days last June 2022, to 23 days as of June 2023

Condos & Townhomes

The average time spent on the market went up from 16 days in June 2022, to 23 days as of June 2023

Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 $1,250,000 $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%
AVGDays OntheMarket
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: 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States KellerWilliamsBrentwood 444 Washington Blvd Marina Del Rey, CA 90292, United States KellerWilliamsMarinaDelRey 845 Vía De La Paz, Pacific Palisades, CA 90272, United States KellerWilliamsPacificPalisades

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