July 2024 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

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

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Playa Del Rey

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Venice

Jump to Venice Report

West Hollywood

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Beverly Hills

Jump to Beverly Hills Report

Riverside County

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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

Topanga City

Jump to Topanga City 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.

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision

According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:

UNLOCK YOUR DREAM HOME IN

A HIGH-RATE

MARKET

Rising interest rates have many homebuyers worried about affordability, forcing some to delay their dreams of homeownership.

Lower

PROTECT

WHAT YOU DON’T EXPECT

You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.

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Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

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Sage Green

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Eight Colrs fo Laundry

White

View it here

Yellow

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Gray

View it here

Dusty Pink

View it here

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Navy Blue Purple

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Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

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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 14,176 single-fam providing 2.9 months of inve 4,389 new listings, and 2,978 median price of $1m. The me percentage was at 98.8%, wi days on the market.

There were 5,210 condo and sale, providing 3 1 months of were 1,675 new listings and 9 median sale price of $710k. T percentage was at 98.8%, wi days on the market.

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

JUNE 2023 - JUNE 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 $950k last June 2023, to $1m as of June 2024

Condos & Townhomes

The median sale price has increased from $670k last June 2023, to $710k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 26 days last June 2023, to 31 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 27 days in June 2023, to 34 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 5% last June 2023, to 98 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.1% last June 2023, to 98.8% a year later.

Santa Monica

What's in the Sant

data?

There were 131 single-family providing 6.7 months of inve new listings, and 22 homes s of $2.5m. The median overbi 97 8%, with an average of 28

There were 162 condo and to sale, providing 3.8 months of were 44 new listings and 36 sale price of $1.4m. The med percentage was at 98%, with days on the market.

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

Condo

& Townhomes

44

New Listings

36 Sold Listings

3.8

Months of Inventory

$1.4M

Median Sale Price 98%

Median Sale vs List

51

Avg Days on Market

SantaMonica

JUNE 2023 - JUNE 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 $3 4m last June 2023, to $2 5m as of June 2024

Condos & Townhomes

The median sale price has increased from $1 3m last June 2023, to $1 4m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last June 2023, to 28 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 30 days in June 2023, to 51 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 3% last June 2023, to 97 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.4% last June 2023, to 98% a year later.

Brentwood

What's in the Brentwood data?

There were 153 single-family homes for sale, providing 7.1 months of inventory. There were 26 new listings, and 20 homes sold at a median price of $3.5m. The median overbid percentage was at 93.7%, with an average of 53 days on the market.

There were 79 condo and townhome units for sale, providing 3.9 months of inventory. There were 16 new listings and 7 units sold at a median sale price of $1.5m. The median overbid percentage was at 98.3%, with an average of 29 days on the market.

Single-Family Homes

26 New Listings

20 Sold Listings

7.1 Months of Inventory

$3.5M Median Sale Price

93.7%

Median Sale vs List

53 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

New Listings

3.9 Months of Inventory $ M 98.3%

Median Sale vs List Av

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sale price has increased from $998k last June 2023, to $1 5m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 60 days last June 2023, to 53 days as of June 2024

Condos & Townhomes

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

Overbids

Single-Family Homes

The overbid percentage has increased from 88 8% last June 2023, to 93 7% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.4% last June 2023, to 98.3% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 26 single-family homes for sale, providing 0 months of inventory. There were 6 new listings, and 2 homes sold at a median price of $3.8m. The median overbid percentage was at 84 2%, with an average of 0 days on the market

There were 117 condo and townhome units for sale, providing 5.3 months of inventory. There were 35 new listings and 20 units sold at a median sale price of $1m. The median overbid percentage was at 92.2%, with an average of 63 days on the market.

Single-Family Homes

6 New Listings

2 Sold Listings

0 Months of Inventory

$3.8M Median Sale Price

84.2% Median Sale vs List

0 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

35

New Listings

20 Sold Listings

5.3

Months of Inventory

$1M

Median Sale Price 92.2%

Median Sale vs List

63 Avg Days on Market

MarinaDelRey

JUNE 2023 - JUNE 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 $1 9m last June 2023, to $3 8m as of June 2024

Condos & Townhomes

The median sale price has decreased from $1 2m last June 2023, to $1m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 24 days last June 2023, to 0 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 30 days in June 2023, to 63 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 94 4% last June 2023, to 84 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 93.6% last June 2023, to 92.2% a year later.

Pacific Palisades

What's in the Pacific Palisades data?

There were 146 single-family homes for sale, providing 8 months of inventory. There were 36 new listings, and 13 homes sold at a median price of $4m. The median overbid percentage was at 92 7%, with an average of 36 days on the market

There were 26 condo and townhome units for sale, providing 4.2 months of inventory. There were 8 new listings and 6 units sold at a median sale price of $1.4m. The median overbid percentage was at 98.5%, with an average of 56 days on the market.

Single-Family Homes

36 New Listings

13 Sold Listings

8 Months of Inventory

$4M Median Sale Price

92.7% Median Sale vs List

36 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

JUNE 2023 - JUNE 2024

NGS FOR SALE

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

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

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

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 39 days last June 2023, to 36 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 16 days in June 2023, to 56 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 95 6% last June 2023, to 92 7% a year later

Condos & Townhomes

The overbid percentage has increased from 97.5% last June 2023, to 98.5% a year later.

Culver City

What's in the Culver City data?

There were 55 single-family homes for sale, providing 4.2 months of inventory. There were 17 new listings, and 14 homes sold at a median price of $1.7m. The median overbid percentage was at 97%, with an average of 24 days on the market.

There were 57 condo and townhome units for sale, providing 2.6 months of inventory. There were 21 new listings and 9 units sold at a median sale price of $620k. The median overbid percentage was at 98.9%, with an average of 24 days on the market

Single-Family Homes

17 New Listings

14 Sold Listings

4.2 Months of Inventory

$1.7M Median Sale Price

97% 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 June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

21

New Listings

& Townhomes

9

Sold Listings

2.6

Months of Inventory

$620K

Median Sale Price 98.9%

Median Sale vs List

24 Avg Days on Market

JUNE 2023 - JUNE 2024

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 6m last June 2023, to $1 7m as of June 2024

Condos & Townhomes

The median sale price has decreased from $689k last June 2023, to $620k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last June 2023, to 24 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 13 days in June 2023, to 24 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 9% last June 2023, to 97% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.6% last June 2023, to 98.9% a year later.

Sherman Oaks

What's in the Sherman Oaks data?

There were 232 single-family homes for sale, providing 4 months of inventory. There were 84 new listings, and 51 homes sold at a median price of $1.8m. The median overbid percentage was at 99 1%, with an average of 25 days on the market

There were 86 condo and townhome units for sale, providing 4.2 months of inventory. There were 25 new listings and 18 units sold at a median sale price of $678k. The median overbid percentage was at 99.3%, with an average of 29 days on the market.

Single-Family Homes

84 New Listings

51 Sold Listings

4 Months of Inventory

$1.8M Median Sale Price

99.1%

Median Sale vs List

25 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

JUNE 2023 - JUNE 2024

mes year-over-year.

Median SalesPrice

Single-Family Homes

The median sale price has remained the same from $1 8m last June 2023, to $1 8m as of June 2024

Condos & Townhomes

The median sale price has decreased from $735k last June 2023, to $678k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 33 days last June 2023, to 25 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 22 days in June 2023, to 29 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 9% last June 2023, to 99 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.2% last June 2023, to 99.3% a year later.

StudioCity

What's in the Studio City data?

There were 166 single-family homes for sale, providing 6.5 months of inventory. There were 45 new listings, and 27 homes sold at a median price of $2m. The median overbid percentage was at 96.8%, with an average of 35 days on the market.

There were 50 condo and townhome units for sale, providing 2.5 months of inventory. There were 23 new listings and 10 units sold at a median sale price of $796k. The median overbid percentage was at 98.1%, with an average of 30 days on the market.

Single-Family Homes

45 ew Listings

27 Sold Listings

6.5 Months of Inventory

$2M Median Sale Price

96.8% Median Sale vs List

35 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

23

New Listings

10

Sold Listings

2.5

Months of Inventory

$796K

Median Sale Price 98.1%

Median Sale vs List

30 Avg Days on Market

StudioCity

JUNE 2023 - JUNE 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 $2 1m last June 2023, to $2m as of June 2024

Condos & Townhomes

The median sale price has decreased from $930k last June 2023, to $796k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last June 2023, to 35 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 11 days in June 2023, to 30 days as of June 2024.

Overbids

Single-Family

Homes

The overbid percentage has decreased from 97 3% last June 2023, to 96 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.7% last June 2023, to 98.1% a year later.

Westlak Village

What's in the Wes data?

There were 128 single-family providing 2.3 months of inve new listings, and 23 homes s of $1.9m. The median overb 97 9%, with an average of 44

There were 58 condo and tow sale, providing 2.2 months o were 21 new listings and 14 sale price of $815k. The med percentage was at 98%, with days on the market.

9M

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

New Listings

2.2

Months of Inventory 98%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 6m last June 2023, to $1 9m as of June 2024

Condos & Townhomes

The median sale price has decreased from $1m last June 2023, to $815k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 44 days last June 2023, to 44 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 25 days in June 2023, to 28 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 5% last June 2023, to 97 9% a year later

Condos & Townhomes

The overbid percentage has increased from 96% last June 2023, to 98% a year later.

Playa DelRey

What's in the Playa Del Rey data?

There were 21 single-family homes for sale, providing 5.3 months of inventory. There were 5 new listings, and 1 home sold at a median price of $1.8m. The median overbid percentage was at 115 8%, with an average of 12 days on the market

There were 45 condo and townhome units for sale, providing 2.5 months of inventory. There were 17 new listings and 7 units sold at a median sale price of $509k. The median overbid percentage was at 96.4%, with an average of 41 days on the market.

New Listings

2.5

Months of Inventory 96.4%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $3 3m last June 2023, to $1 8m as of June 2024

Condos & Townhomes

The median sale price has decreased from $937k last June 2023, to $509k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 207 days last June 2023, to 12 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 18 days in June 2023, to 41 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 100% last June 2023, to 115 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.2% last June 2023, to 96.4% a year later.

Venice

What's in the Venice data?

There were 168 single-family homes for sale, providing 10.4 months of inventory. There were 43 new listings, and 16 homes sold at a median price of $2m. The median overbid percentage was at 101.5%, with an average of 33 days on the market.

There were 29 condo and townhome units for sale, providing 5 months of inventory. There were 8 new listings and 3 units sold at a median sale price of $1.9m. The median overbid percentage was at 102.1%, with an average of 12 days on the market.

Single-Family Homes

43 New Listings

16 Sold Listings

10.4 Months of Inventory

$2M Median Sale Price

101.5% Median Sale vs List

33 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

New Listings 5 Months of Inventory

102.1%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 5m last June 2023, to $2m as of June 2024

Condos & Townhomes

The median sale price has increased from $1 2m last June 2023, to $1 9m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last June 2023, to 33 days as of June 2024

Condos & Townhomes

The average time spent on the market went down from 18 days in June 2023, to 12 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 9% last June 2023, to 101 5% a year later

Condos & Townhomes

The overbid percentage has increased from 99.1% last June 2023, to 102.1% a year later.

West Hollyw

What's in the West data?

There were 72 single-family h providing 7.7 months of inven new listings, and 4 homes sol of $2.4m. The median overbid 97.7%, with an average of 51 d

There were 204 condo and tow sale, providing 5.1 months of were 51 new listings and 17 u sale price of $835k. The medi percentage was at 99.9%, with days on the market.

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated. 4M Price Market

New Listings

Months of Inventory 99.3%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last June 2023, to $2 4m as of June 2024

Condos & Townhomes

The median sale price has decreased from $900k last June 2023, to $835k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 59 days last June 2023, to 51 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 30 days in June 2023, to 43 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 93 4% last June 2023, to 97 7% a year later

Condos & Townhomes

The overbid percentage has increased from 96.8% last June 2023, to 99.9% a year later.

He-Family Homes

18 Sold Listings

.9 of Inventory

$4.6M Median Sale Price

.4% Sale vs List

37 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and in the California Area from June 2023 to June 2024. 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 2024. Each office is independently owned and operated.

New Listings 8.8

Months of Inventory

97.1%

Median Sale vs List

Median SalesPrice

Single-Family Homes

The median sale price has increased from $3 6m last June 2023, to $4 6m as of June 2024

Condos & Townhomes

The median sale price has decreased from $2m last June 2023, to $1 3m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 61 days last June 2023, to 37 days as of June 2024

Condos & Townhomes

The average time spent on the market went down from 71 days in June 2023, to 45 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 84 1% last June 2023, to 86 4% a year later

Condos & Townhomes

The overbid percentage has increased from 89.1% last June 2023, to 97.1% a year later.

Riverside County

What's in the Riverside data?

There were 9,082 single-family home providing 2.8 months of inventory. Th 2,428 new listings, and 1,827 homes median price of $633k. The median o percentage was at 97.5%, with an av days on the market

There were 1,913 condo and townho sale, providing 3.4 months of invento were 435 new listings and 276 units median sale price of $462k. The med percentage was at 95.2%, with an av days on the market.

,827 Listings

633K

ian Sale Price

1 Days on Market

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

435

New Listings

276 Sold Listings

3.4

Months of Inventory

$462K

Median Sale Price 95.2%

Median Sale vs List 48 Avg Days on Market

RiversideCounty

JUNE 2023 - JUNE 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 $617k last June 2023, to $633k as of June 2024

Condos & Townhomes

The median sale price has increased from $460k last June 2023, to $462k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 37 days last June 2023, to 41 days as of June 2024

Condos & Townhomes

The average time spent on the market went down from 49 days in June 2023, to 48 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 4% last June 2023, to 97 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 96.6% last June 2023, to 95.2% a year later.

Encino

What's in the Encino data?

There were 229 single-family homes for sale, providing 5 months of inventory. There were 75 new listings, and 23 homes sold at a median price of $1.7m. The median overbid percentage was at 94.2%, with an average of 40 days on the market.

There were 78 condo and townhome units for sale, providing 3.2 months of inventory. There were 36 new listings and 20 units sold at a median sale price of $587k. The median overbid percentage was at 98.1%, with an average of 36 days on the market.

mily Homes

23 Sold Listings

$1.7M Median Sale Price

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

% ist

40 Avg Days on Market

36

New Listings

20 Sold Listings

3.2

Months of Inventory $587K Median Sale Price 98.1%

Median Sale vs List 36 Avg Days on Market

Encino

JUNE

2023 - JUNE 2024 LISTINGS FOR SALE

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 decreased from $2 7m last June 2023, to $1 7m as of June 2024

Condos & Townhomes

The median sale price has decreased from $645k last June 2023, to $587k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 37 days last June 2023, to 40 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 17 days in June 2023, to 36 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92 1% last June 2023, to 94 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 99% last June 2023, to 98.1% a year later.

SanDiego County

What's in the San Diego County data?

There were 6,176 single-family homes for sale, providing 2.7 months of inventory. There were 1,915 new listings, and 1,318 homes sold at a median price of $1m. The median overbid percentage was at 98%, with an average of 22 days on the market.

There were 3,006 condo and townhome units for sale, providing 2.9 months of inventory. There were 1,014 new listings and 626 units sold at a median sale price of $695k. The median overbid percentage was at 98.8%, with an average of 25 days on the market

Condo & Townhomes

1,014

New Listings

626

Sold Listings

2.9

Months of Inventory

$695K

Median Sale Price 98.8%

Median Sale vs List 25 Avg Days on Market

SanDiegoCounty

JUNE 2023 - JUNE 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 $996k last June 2023, to $1m as of June 2024

Condos & Townhomes

The median sale price has increased from $642k last June 2023, to $695k as of June 2024

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went up from 16 days in June 2023, to 25 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 7% last June 2023, to 98% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.1% last June 2023, to 98.8% a year later.

Inglewood

What's in the Inglewood data?

There were 94 single-family homes for sale, providing 3.3 months of inventory. There were 32 new listings, and 8 homes sold at a median price of $869k. The median overbid percentage was at 98.8%, with an average of 21 days on the market.

There were 41 condo and townhome units for sale, providing 4.3 months of inventory. There were 14 new listings and 8 units sold at a median sale price of $507k. The median overbid percentage was at 102.1%, with an average of 51 days on the market.

Single-Family Homes

32 ew Listings

8 Sold Listings

3.3 Months of Inventory

$869K Median Sale Price

98.8%

Median Sale vs List

21 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

New Listings

4.3

Median Sale Pric 102.1%

Months of Inventory $507K

Median Sale vs List 51 Avg Days on Marke 8 Sold Listing

JUNE 2023 - JUNE 2024

Median SalesPrice

Single-Family Homes

The median sale price has increased from $777k last June 2023, to $869k as of June 2024

Condos & Townhomes

The median sale price has increased from $503k last June 2023, to $507k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 56 days last June 2023, to 21 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 30 days in June 2023, to 51 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98% last June 2023, to 98 8% a year later

Condos & Townhomes

The overbid percentage has increased from 97.4% last June 2023, to 102.1% a year later.

Orange County

What's in the Orange County data?

There were 4,030 single-family homes for sale, providing 2 months of inventory. There were 1,373 new listings, and 1,141 homes sold at a median price of $1.4m. The median overbid percentage was at 99 4%, with an average of 23 days on the market.

There were 1,984 condo and townhome units for sale, providing 1.8 months of inventory. There were 748 new listings and 593 units sold at a median sale price of $805k. The median overbid percentage was at 100.4%, with an average of 24 days on the market

mily Homes

3 ory

1,141 Sold Listings

$1.4M Median Sale Price

% ist

23 Avg Days on Market

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

Condo & Townhomes

748

New Listings

1.8

Months of Inventory

100.4%

Median Sale vs List

Sold Listings

$805K

Median Sale Price

24

Avg Days on Market 593

OrangeCounty

JUNE 2023 - JUNE 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 $1 2m last June 2023, to $1 4m as of June 2024

Condos & Townhomes

The median sale price has increased from $735k last June 2023, to $805k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 22 days last June 2023, to 23 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 22 days in June 2023, to 24 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97 7% last June 2023, to 99 4% a year later

Condos & Townhomes

The overbid percentage has increased from 99.8% last June 2023, to 100.4% a year later.

Topanga City

What's in the Topanga City data?

There were 67 single-family homes for sale, providing 6 months of inventory. There were 18 new listings, and 1 home sold at a median price of $1.1m. The median overbid percentage was at 104 9%, with an average of 22 days on the market

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

Single-Family Homes

18 New Listings

1 Sold Listing

6 Months of Inventory

$1.1M Median Sale Price

104.9%

Median Sale vs List

22 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

CONDO

Condo & Townhomes

No data for this month.

Topanga

JUNE

2023 - JUNE 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 $2 3m last June 2023, to $1 1m as of June 2024

Condos & Townhomes

The median sale price has remained the same from $0 last June 2023, to $0 as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last June 2023, to 22 days as of June 2024

Condos & Townhomes

The average time spent on the market remained the same from 0 days in June 2023, to 0 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 6% last June 2023, to 104 9% a year later

Condos & Townhomes

The overbid percentage has remained the same from 0% last June 2023, to 0% a year later.

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