June 2023 Market Report | Andrea Gressinger

Page 1

Southern California area

Los Angeles

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Santa Monica

Jump to Santa Monica Report

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

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Playa Del Rey

Jump to Playa Del Rey Report

Venice

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West Hollywood

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Beverly Hills

Jump to Beverly Hills Report

Playa Vista

Jump to Playa Vista Report

Westchester

Jump to Westchester Report

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

The True Value of Homeownership

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides.

Of course, there are financial reasons to buy a house, but it’s important to consider the non-financial benefits that make a home more than just where you live.

Here are three ways owning your home can give you a sense of accomplishment, happiness, and pride.

Los Angeles

What's in the Los Angeles data?

There were 11,795 single-family homes for sale, providing 2 months of inventory. There were 3,969 new listings, and 3,696 homes sold at a median sale price of $910k. The median overbid percentage was 99%, with an average of 29 days on the market.

There were 3,795 condo and townhome units for sale, providing 1.8 months of inventory. There were 1,363 new listings, and 1,181 units sold at a median sale price of $660k. The median overbid percentage was 99.6%, with an average of 29 days on the market.

SFH Single-Family Homes

3,969 New Listings

3,101 Sold Listings

2 Months of Inventory

$910K Median Sale Price

99% Median Sale vs List

29 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

CONDO

Condo & Townhomes

1,363 New Listings

1,181 Sold Listings

1.8 Months of Inventory

$660K Median Sale Price

99.6% Median Sale vs List

29 Avg Days on Market

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 25000 20000 15000 10000 5000 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 7500 5000 2500 0
MAY 2022 - MAY 2023
Los Angeles
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $997k last May 2022, to $910k as of May 2023

Condos & Townhomes

The median sales price has decreased from $698k last May 2022, to $660k as of May 2023.

AVG Days On the Market

Single-Family Homes

The average days on market went up from 18 days last May 2022, to 29 days as of May 2023.

Condos & Townhomes

The average days on market went up from 17 days in May 2022, to 29 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 103.3% last May 2022, to 99% a year later.

Condos & Townhomes

The overbid percentage has decreased from 103.9% last May 2022, to 99.6% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $1,000,000 $750,000 $500,000 $250,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 50 40 30 20 10 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
Back to Table of Contents

Santa Monica

What's in the Santa Monica data?

There were 141 single-family homes for sale, providing 6.5 months of inventory. There were 35 new listings, and 12 homes sold at a median sale price of $3.8m. The median overbid percentage was 102.8%, with an average of 30 days on the market.

There were 136 condo and townhome units for sale, providing 1.9 months of inventory. There were 43 new listings, and 30 units sold at a median sale price of $1m. The median overbid percentage was 100.3%, with an average of 45 days on the market.

5 Listings .5 ths of Inventory $3.8M Median Sale Price 02.8% an Sale vs List 12 Sold Listings FH ngle-Family Homes a, sourced from Broker Metrics, includes all single-family homes, condos and mes in the California Area from May 2022 to May 2023 This may include ary data, and may vary from the time the data was gathered All data is deemed but not guaranteed Questions may be directed to KW Advisors 415 483 9285 1499010. Copyright KW Advisors 2023. Each office is independently owned and d 30 Avg Days on Market

43 New Listings

30 Sold Listings

1.9 Months of Inventory

$1M Median Sale Price

100.3% Median Sale vs List

45 Avg Days on Market

CONDO Condo & Townhomes

Last 12 months, year-over-year.

Condos

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 200 150 100 50 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 250 200 150 100 50 0
MAY 2022 - MAY 2023
Homes
Santa Monica
Single-Family
& Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $3 8m last May 2022, to $3 8m as of May 2023

Condos & Townhomes

The median sales price has decreased from $1.4m last May 2022, to $1m as of May 2023.

AVG Days On the Market

Single-Family Homes

The average days on market went up from 32 days last May 2022, to 30 days as of May 2023.

Condos & Townhomes

The average days on market went up from 18 days in May 2022, to 45 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 102.9% last May 2022, to 102.8% a year later.

Condos & Townhomes

The overbid percentage has decreased from 105.3% last May 2022, to 100.3% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Brentwood

What's in the Brentwood data?

There were 114 single-family homes for sale, providing 9.6 months of inventory. There were 25 new listings, and 15 homes sold at a median sale price of $3.6m. The median overbid percentage was 95.9%, with an average of 49 days on the market.

There were 56 condo and townhome units for sale, providing 3.3 months of inventory. There were 22 new listings, and 10 units sold at a median sale price of $1m. The median overbid percentage was 97.9%, with an average of 29 days on the market.

SFH Single-Family Homes

25 New Listings

15 Sold Listings

9.6 Months of Inventory

$3.6M Median Sale Price

95.9% Median Sale vs List

49 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

22 New Listings

10 Sold Listings

3.3 Months of Inventory

$1M Median Sale Price

97.9% Median Sale vs List

29 Avg Days on Market

CONDO Condo & Townhomes

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 200 150 100 50 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 100 75 50 25 0 Brentwood
2022
MAY 2023
MAY
-
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $4 1m last May 2022, to $3 6m as of May 2023

Condos & Townhomes

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

AVG Days On the Market

Single-Family Homes

The average days on market went up from 21 days last May 2022, to 49 days as of May 2023.

Condos & Townhomes

The average days on market went up from 11 days in May 2022, to 29 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 97.6% last May 2022, to 95.9% a year later.

Condos & Townhomes

The overbid percentage has decreased from 101.9% last May 2022, to 97.9% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $7,500,000 $5,000,000 $2,500,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 60 40 20 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Marina Del Rey

What's in the Marina Del Rey data?

There were 22 single-family homes for sale, providing 5 months of inventory. There were 6 new listings, and 4 homes sold for an average of $2.9m. The median overbid percentage was 92%, with an average of 59 days on the market.

There were 82 condo and townhome units for sale, providing 2.4 months of inventory. There were 22 new listings, and 17 units sold at a median sale price of $1.3m. The median overbid percentage was 97.6%, with an average of 30 days on the market.

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

C Condo &

22 New Listings

2.4 Months of Inventory

97.6% Median Sale vs List

Del Rey

LISTINGS FOR SALE SOLD LISTINGS

2 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 2 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023
over-year. s y over-year.

Median Sales Price

Single-Family Homes

The median sales price has increased from $2 7m last May 2022, to $2 9m as of May 2023

Condos & Townhomes

The median sales price has increased from $1.2m last May 2022, to $1.3m as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 7 days last May 2022, to 59 days as of May 2023.

Condos & Townhomes

The average time spent on the market on market went down from 31 days in May 2022, to 30 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 116.6% last May 2022, to 92% a year later.

Condos & Townhomes

The overbid percentage has decreased from 104.2% last May 2022, to 97.6% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Pacific Palisades

What's in the Pacific Palisades data?

There were 121 single-family homes for sale, providing 5.8 months of inventory. There were 27 new listings, and 16 homes sold at a median sale price of $3.6m. The median overbid percentage was 94.5%, with an average of 28 days on the market.

There were 39 condo and townhome units for sale, providing 6 months of inventory. There were 14 new listings, and 15 units sold at a median sale price of $1.6m. The median overbid percentage was 100.4%, with an average of 82 days on the market.

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

C Condo &

14 New Listings

6 Months of Inventory

100.4% Median Sale vs List

LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $5 8m last May 2022, to $3 6m as of May 2023

Condos & Townhomes

The median sales price has decreased from $2m last May 2022, to $1.6m as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 27 days last May 2022, to 28 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 46 days in May 2022, to 82 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 96.8% last May 2022, to 94.5% a year later.

Condos & Townhomes

The overbid percentage has decreased from 101.6% last May 2022, to 100.4% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $6,000,000 $4,000,000 $2,000,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 200 150 100 50 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Culver City

What's in the Culver City data?

There were 73 single-family homes for sale, providing 1.2 months of inventory. There were 32 new listings, and 14 homes sold at a median sale price of $1.5m. The median overbid percentage was 99.9%, with an average of 13 days on the market.

There were 39 condo and townhome units for sale, providing 1.5 months of inventory. There were 20 new listings, and 13 units sold at a median sale price of $675k. The median overbid percentage was 102.4%, with an average of 40 days on the market.

SFH Single-Family Homes

32 New Listings

14 Sold Listings

1.2 Months of Inventory

$1.5M Median Sale Price

99.9% Median Sale vs List

13 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

Mo 10 M
023 Apr2023 May2023 2023 Apr2023 May2023 y y LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 7m last May 2022, to $1 5m as of May 2023

Condos & Townhomes

The median sales price has decreased from $722k last May 2022, to $675k as of May 2023.

AVG Days On the Market

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went up from 32 days in May 2022, to 40 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 109% last May 2022, to 99.9% a year later.

Condos & Townhomes

The overbid percentage has remained the same from 102.4% last May 2022, to 102.4% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 75 50 25 0 May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0
Back to Table of Contents

Sherman Oaks

What's in the Sherman Oaks data?

There were 162 single-family homes for sale, providing 2.1 months of inventory. There were 51 new listings, and 40 homes sold at a median sale price of $1.5m. The median overbid percentage was 101.4%, with an average of 30 days on the market.

There were 47 condo and townhome units for sale, providing 1 month of inventory. There were 21 new listings, and 16 units sold at a median sale price of $671k. The median overbid percentage was 101.3%, with an average of 15 days on the market.

SFH Single-Family Homes

51 New Listings

40 Sold Listings

1.9 Months of Inventory

$1.5M Median Sale Price

104.1% Median Sale vs List

30 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

New Listings
Months of Inventory $671K Median Sale Price 101.3% Median Sale vs List
Avg Days on Market
Sold Listings CONDO Condo & Townhomes
21
1
15
16

Last 12 months, year-over-year.

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 300 200 100 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 125 100 75 50 25 0
MAY 2022 - MAY 2023
Sherman Oaks
Single-Family Homes
Condos & Townhomes
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $1 7m last May 2022, to $1 5m as of May 2023

Condos & Townhomes

The median sales price has decreased from $770k last May 2022, to $671k as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 16 days last May 2022, to 30 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 11 days in May 2022, to 15 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 106.5% last May 2022, to 104.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 108.3% last May 2022, to 101.3% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 50 40 30 20 10 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Studio City

What's in the Studio City data?

There were 123 single-family homes for sale, providing 3 months of inventory. There were 35 new listings, and 15 homes sold at a median sale price of $2.2m. The median overbid percentage was 104.9%, with an average of 27 days on the market.

There were 34 condo and townhome units for sale, providing 1.3 months of inventory. There were 14 new listings, and 18 units sold at a median sale price of $830k. The median overbid percentage was 102.2%, with an average of 24 days on the market.

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

ngs f Inventory
Median Sale Price
ale vs List 15 Sold Listings
$2.2M
4.9%
He-Family Homes 27 Avg Days on Market
New Listings 1.3 Months of Inventory $830K Median Sale Price 102.2% Median Sale vs List 24 Avg Days on Market 18 Sold Listings CONDO Condo & Townhomes
14

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 200 150 100 50 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 75 50 25 0
2022 - MAY 2023
Studio City MAY
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

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

Condos & Townhomes

The median sales price has decreased from $875k last May 2022, to $830k as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 17 days last May 2022, to 27 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 16 days in May 2022, to 24 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 102.2% last May 2022, to 104.9% a year later.

Condos & Townhomes

The overbid percentage has decreased from 110.6% last May 2022, to 102.2% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Playa Del Rey

What's in the Playa Del Rey data?

There were 14 single-family homes for sale, providing 5.5 months of inventory. There were 2 new listings, and 3 homes sold at a median sale price of $1.9m. The median overbid percentage was 93.1%, with an average of 61 days on the market.

There were 25 condo and townhome units for sale, providing 1.4 months of inventory. There were 16 new listings, and 10 units sold at a median sale price of $787k. The median overbid percentage was 97.9%, with an average of 27 days on the market.

Hle-Family Homes

tings

5 of Inventory

3 Sold Listings

$1.9M Median Sale Price

3.1% Sale vs List

61 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

16

New
Months of Inventory
Median Sale Price
Median Sale vs List
on Market
Sold
Condo & Townhomes
Listings 1.4
$787K
97.9%
27 Avg Days
10
Listings CONDO

Playa Del Rey

MAY 2022 - MAY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 40 30 20 10 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 60 40 20 0
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $665k last May 2022, to $0 as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 21 days last May 2022, to 61 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 12 days in May 2022, to 27 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 100.8% last May 2022, to 93.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 106.4% last May 2022, to 97.9% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023 Feb2023Mar2023 Apr2023May2023 125% 100% 75% 50% 25% 0%
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Venice

What's in the Venice data?

There were 103 single-family homes for sale, providing 5.1 months of inventory. There were 30 new listings, and 13 homes sold at a median sale price of $2.9m. The median overbid percentage was 95%, with an average of 63 days on the market.

There are currently 18 condo and townhome units for sale, providing 11 months of inventory. There were 5 new listings, and 4 units sold at a median sale price of $1.7m. The median overbid percentage was 98%, with an average of 15 days on the market.

MThe data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

Mo Me
22 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 22 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 023 mes ear-over-year. omes year-over-year.
R SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $1.6m last May 2022, to $1 7m as of May 2023

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 23 days last May 2022, to 63 days as of May 2023

Condos & Townhomes

The average time spent on the market went down from 32 days in May 2022, to 15 days as of May 2023.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96.2% last May 2022, to 95% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102 1% last May 2022, to 98% a year later

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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West Hollywood

What's in the West Hollywood data?

There were 44 single-family homes for sale, providing 5.3 months of inventory. There were 8 new listings, and 2 homes sold at a median sale price of $1.8k. The median overbid percentage was 96.7%, with an average of 46 days on the market.

There were 133 condo and townhome units for sale, providing 5 months of inventory. There were 43 new listings, and 22 units sold at a median sale price of $1m. The median overbid percentage was 94.4%, with an average of 38 days on the market.

es

2 d Listings

$1.8M dian Sale Price

46 g Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

Con

43 New Listings

5 Months of Inventory

94.4% Median Sale vs Lis

n2023 Feb2023 Mar2023 Apr2023 May2023 n2023 Feb2023 Mar2023 Apr2023 May2023 od y y LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $2 5m last May 2022, to $1 8m as of May 2023

Condos & Townhomes

The median sales price has decreased from $1.07m last May 2022, to $1.06m as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 25 days last May 2022, to 46 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 22 days in May 2022, to 38 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 96.8 % last May 2022, to 96.7 % a year later.

Condos & Townhomes

The overbid percentage has decreased from 100.9% last May 2022, to 94.4% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022Nov2022Dec2022 Jan2023 Feb2023Mar2023 Apr2023May2023 150 100 50 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Beverly Hills

What's in the Beverly Hills data?

There were 246 single-family homes for sale, providing 7.8 months of inventory. There were 48 new listings, and 20 homes sold at a median sale price of $4.2m. The median overbid percentage was 84.6%, with an average of 53 days on the market.

There were 65 condo and townhome units for sale, providing 4.2 months of inventory. There were 20 new listings, and 6 units sold at a median sale price of $1.2m. The median overbid percentage was 94.1%, with an average of 29 days on the market.

SFH Single-Family Homes

48 New Listings

20 Sold Listings

7.8 Months of Inventory

$4.2M Median Sale Price

84.6% 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 May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

CONDO

Condo & Townhomes

20 New Listings

6 Sold Listings

4.2 Months of Inventory

$1.2M Median Sale Price

94.1% Median Sale vs List

29 Avg Days on Market

MAY 2022 - MAY 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 400 300 200 100 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 80 60 40 20 0
Beverly Hills
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

The median sales price has decreased from $4 3m last May 2022, to $4 2m as of May 2023

Condos & Townhomes

The median sales price has decreased from $1.5m last May 2022, to $1.2m as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went up from 37 days last May 2022, to 53 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 25 days in May 2022, to 29 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 94.6% last May 2022, to 84.6% a year later.

Condos & Townhomes

The overbid percentage has decreased from 97.8% last May 2022, to 94.1% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 100% 75% 50% 25% 0%
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Playa Vista

What's in the Playa Vista data?

There were 10 single-family homes for sale, providing 8 months of inventory. There was 1 new listing, and 2 homes sold at a median sale price of $2.6m. The median overbid percentage was 101.1%, with an average of 21 days on the market.

There were 25 condo and townhome units for sale, providing 2 months of inventory. There were 9 new listings, and 10 units sold at a median sale price of $1.1m. The median overbid percentage was 96.3%, with an average of 61 days on the market.

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

GS FOR SALE SOLD LISTINGS

ily Homes nths, year-over-year.

ownhomes

nths, year-over-year.

ul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 ul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023
ya Vista MAY 2023

Median Sales Price

Single-Family Homes

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

Condos & Townhomes

The median sales price has decreased from $1.14m last May 2022, to $1.10m as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 34 days last May 2022, to 21 days as of May 2023.

Condos & Townhomes

The average time spent on the market went up from 17 days in May 2022, to 61 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 100.6% last May 2022, to 101.1% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102.4% last May 2022, to 97.6% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125% 100% 75% 50% 25% 0%
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Westchester

What's in the Westchester data?

There were 9 single-family homes for sale, providing 1 month of inventory. There were 3 new listings and 5 homes sold at a median sale price of $1.4m. The median overbid percentage was 101.6%, with an average of 16 days on the market.

There were 0 condo and townhome units for sale, providing 0 months of inventory. There were 0 new listings, and 0 units sold at a median sale price of $0. The median overbid percentage was 96.1%, with an average of 0 days on the market.

SFH Single-Family Homes

3 New Listings

5 Sold Listings

1 Months of Inventory

$1.4M Median Sale Price

101.6% Median Sale vs List

16 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from May 2022 to May 2023 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed Questions may be directed to KW Advisors 415 483 9285 DRE# 01499010. Copyright KW Advisors 2023. Each office is independently owned and operated

0 New Listings 0 Months of Inventory $0 Median Sale Price 96.1% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year.

May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 20 15 10 5 0 May2022 Jun2022 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 2 15 1 05 0 Westchester
2022
MAY 2023
MAY
-
LISTINGS FOR SALE SOLD LISTINGS

Median Sales Price

Single-Family Homes

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

Condos & Townhomes

The median sales price remained at $0 last May 2022, to $0 as of May 2023.

AVG Days On the Market

Single-Family Homes

The average time spent on the market went down from 45 days last May 2022, to 16 days as of May 2023.

Condos & Townhomes

The average time spent on the market went down from 79 days in May 2022, to 0 days as of May 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 109.4% last May 2022, to 101.6% a year later.

Condos & Townhomes

The overbid percentage has decreased from 102.4% last May 2022, to 96.1% a year later.

May2022Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022Jan2023Feb2023Mar2023Apr2023May2023 $3,000,000 $2,000,000 $1,000,000 $0 May2022 Jun2022 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 125 100 75 50 25 0 May2022 Jun2022 Jul2022Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 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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