the
Copyright by KW Advisors 2022
MarketReport Market Report for
Southern California area November 2022.
Southern California area
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Our market is incredibly diverse, and it's changing rapidly. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors is. At the end of the day, the current market sets the value of your home. So,
That's really the question you should be asking yourself
Icanhelp... Contact me for a confidential, no obliga assessment of your home's value. What’syourhome reallyworthin today’smarket? ZaneWiddes M: 818 665 5652 O: 310 909 3609 ZaneWiddes com Zane@ZaneWiddes com Lic # 01034516 The Zane Widdes G
do you know what your home is worth in today's market?
SellYourHouseBeforethe Holidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait?
If you’re ready to make your decision, here are three reasons you may want to consider selling before the holidays.
Los Angeles
What's in the Los Angeles data?
In Los Angeles, the median sold price for single family homes in October increased month over month to $889 thousand. The number of homes sold decreased to 2,829, and the number of new listings decreased to 15,116. The number of condo & townhome sales slightly increased to $644 thousand month over month with 947 units sold and 4,659 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
e Price
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ly homes, condos, and r 2022 This may athered. All data is d to Keller Williams ica | Brentwood | y | p ently owned and operated.
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4,659 New Listings 3.2 Months of Inventory $644K Median Sale Price 97.1% Median Sale vs List 37 Avg Days on Market 947 Sold Listings CONDO Condo & Townhomes
cember2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 cember2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 Angeles 2021 OCTOBER 2022 S FOR SALE VS SOLD LISTINGS
Homes onths, year-over-year. Condos & Townhomes
12 months, year-over-year.
mily
Last
Median Sales Price
Single Family Homes
The median sales slightly increased from $880k in October 2021 to $889k in October 2022.
Condos & Townhomes
The median sales price has slightly increased from $622k last October 2021 to $644k in October 2022.
AVGDays OntheMarket
Single Family Homes
The average days on market is from 23 days last October 2021 up to 37 days by October 2022.
Condos & Townhomes
The average days on market last October 2021 is 27 days up to 37 days in October 2022
Overbids
Single Family Homes
The overbid percentage is down to 99% last October 2021 which decreased to 96% a year later.
Condos & Townhomes
The overbid percentage has gone down from 100% last October 2021 to 97.1% a year later.
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
40 30 20 10 0
November2021December2021January2022
125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
Santa Monica
What's in the Santa Monica data?
In Santa Monica, the median sold price for single family homes in October decreased month-over-month to $3 million. The number of homes sold decreased to 13, and the number of new listings decreased to 138. The number of condo and townhome units sold slightly increased to $1.3 million month over month with 28 units sold and 163 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
8 ings 4 of Inventory $3M Median Sale Price .7% Sale vs List 30 13 Sold Listings H e Family Homes
includes all single family
and
and
the data
Avg Days on Market
ced from Broker Metrics,
homes, condos,
the California Area from October 2021 to October 2022 This may nary data,
vary from the time
was gathered. All data is e but not guaranteed Questions may be directed to Keller Williams # 01499010. Copyright Keller Williams Santa Monica | Brentwood | y | Pacific Palisades 2022 Each Office is independently owned and operated.
163 3.4 $1.3M Months of Inventory Median Sale Price 96.6% 50 Median Sale vs List Avg Days on Market 28 New Listings Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 200 150 100 50 0 October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 300 200 100 0 SantaMonica OCTOBER 2021 OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price decreased from $3.9m in October 2021 to $3m in October 2022.
Condos & Townhomes
The median sales price has increased from $1.1m last October 2021 to $1.3m in October 2022.
AVG Days On the Market
Single Family Homes
The average days on the market is from 31 days last October 2021 to 30 days by October 2022.
Condos & Townhomes
The average days on market last October 2021 is 32 days up to 50 days in October 2022.
Overbids
Single Family Homes
The overbid percentage is up to 97.3% last October 2021 which increases to 97.7% a year later.
Condos & Townhomes
The overbid percentage has gone down from 98.6% last October 2021 to 96.6% a year later.
November2021December2021January2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022 $6,000,000 $4,000,000 $2,000,000 $0 October2021
September2022October2022
Brentwood
What's in the Brentwood data?
In Brentwood, the median sold price for single family homes in October decreased month over month to $780 thousand The number of home sold decreased to 33, and the number of new listings decreased to 98. The number of condo & townhome sales decreased monthover month to $0, with 0 unit sold and 7 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100% Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
y | p y operated
7 0 $0 Months of Inventory Median Sale Price 0% 0 Median Sale vs List Avg Days on Market 0 New Listings Sold Listings CONDO Condo & Townhomes
, y y
$1,250,000
Median
Sales Price
Single Family Homes
The median sales price decreased from $810k in October 2021 to $780k in October 2022
Condos & Townhomes
The median sales price decreased from $1 1m in October 2021 and $0 in October 2022
AVG Days On the Market
Single Family Homes
The average days on market increased from 16 days last October 2021 to 33 days by October 2022
Condos & Townhomes
The average days on market decreased from 39 days in October 2021 to 0 days this year.
Overbids
Single Family Homes
The overbid percentage decreased from 100 9% last October 2021 to 93.6% a year later.
Condos & Townhomes
The overbid percentage decreased from 105 5% last October 2021 to 0% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
100 75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$1,000,000 $750,000 $500,000 $250,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
Marina DelRey
What's in the Marina Del Rey data?
In Marina Del Rey, the median sold price for single family homes in October decreased month-over-month to $2.4 million. The number of homes sold increased to 5, and the number of new listings increased to 26. The number of condo and townhome sales were static at $1.2 million month over month with 17 units sold and 90 new listings Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%.
Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
26 23 $2.4M Months of Inventory Median Sale Price 90.8% 11 Median Sale vs List Avg Days on Market 5 New Listings Sold Listings SFH Single Family Homes The data, sourced from Broker Metrics, includes all single family homes, condos, and townhomes in the California Area from October 2021 to October 2022 This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022 Each Office is independently owned and operated
90 New Listings 4.3 $1.2M Months of Inventory Median Sale Price 99.1% Median Sale vs List 47 Avg Days on Market 17 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 40 30 20 10 0 October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 200 150 100 50 0 LISTINGS FOR SALE VS SOLD LISTINGS MarinaDelRey OCTOBER 2021 OCTOBER 2022 Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price has decreased from $3 6m last October 2021 to $2 4m in October 2022
Condos & Townhomes
The median sales price has slightly increased from $1 1m last October 2021 to $1 2m in October 2022
AVG Days On the Market
Single Family Homes
The average days on market is from 63 days last October 2021 to 11 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 29 days to 47 days in October 2022.
Overbids
Single Family Homes
The overbid percentage has decreased from 97 1% last October 2021 to 90.8% a year later.
Condos & Townhomes
The overbid percentage has slightly increased from 97 9% last October 2021 to 99 1% a year later
December2021
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
December2021January2022
100 75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 October2021November2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
Pacific Palisades
What's in the Pacific Palisades data?
In Pacific Palisades, the median sold price for single family homes in October increased month over month to $5.2 million. The number of homes sold decreased to 16, and the number of new listings decreased to 110. The number of condo & townhome sales increased to $1.7 million month over month with 4 units sold and 28 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
110 4.3 $5.2M Months of Inventory Median Sale Price 99.8% 49 Median Sale vs List Avg Days on Market 16 New Listings Sold Listings SFH Single Family Homes The data, sourced from Broker Metrics, includes all single family homes, condos, and townhomes in the California Area from October 2021 to October 2022. This may include preliminary data, and vary from the time the data was gathered All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors DRE# 01499010 Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022 Each Office is independently owned and operated
28 3.2 $1.7M Months of Inventory Median Sale Price 96.4% 42 Median Sale vs List Avg Days on Market 4 New Listings Sold Listings CONDO Condo & Townhomes
mber2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 mber2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 ificPalisades 2021 OCTOBER 2022 FOR SALE VS SOLD LISTINGS mily Homes nths, year-over-year. Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price is up $3 4m from October 2021 to $5 2m in October 2022
Condos & Townhomes
The median sales price has slightly increased from $1.1m last October 2021 to $1 7m in October 2022
AVG Days On the Market
Single Family Homes
The average days on market is from 29 days last October 2021 up to to 49 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 29 days up to 42 days in October 2022.
Overbids
Single Family Homes
The overbid percentage is down to 100.2% last October 2021 which increases to 99.8% a year later.
Condos & Townhomes
The overbid percentage has gone down from99.5% last October 2021 to 96.4% a year later.
December2021
125 100 75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 $6,000,000 $4,000,000 $2,000,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
Culver City
What's in the Culver City data?
In Culver City, the median sold price for single family homes in October increased month-over-month to $1.7 million. The number of homes sold decreased to 20, and the number of new listings decreased to 66. The number of condo & townhome sales decreased to $630 thousand month over month with 13 units sold and 58 new listings
Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%.
Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
Mce
rket
mes, condos, and 2. This may ed All data is eller Williams rentwood | y | p y owned and operated
58 1.7 Months of Inventory $630K Median Sale Price 102.5% 28 Median Sale vs List Avg Days on Market 13 New Listings Sold Listings CONDO Condo & Townhomes
h2022 April2022 May2022 June2022 July2022August2022September2022October2022 h2022 April2022 May2022 June2022 July2022August2022September2022October2022 ity ER 2022 E VS SOLD LISTINGS
er-year.
Last 12 months, year-over-year.
The median sales price is up from $1 4m on October 2021 to $1 7m on October 2022
Condos & Townhomes
The median sales price has slightly decreased from $640k last October 2021 to $630k in October 2022
AVG Days On the Market
Single Family Homes
The average days on market is from 18 days last October 2021 to 26 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 34 days up to 28 days in October 2022.
Overbids
Single Family Homes
The overbid percentage is up to 100% last October 2021 which slightly decreased to 102.5% a year later.
Condos & Townhomes
The overbid percentage has gone up from 100% last October 2021 to 102 5% a year later
November2021December2021January2022February2022March2022April2022May2022June2022July2022
September2022October2022
October2021
August2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 50 40 30 20 10 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 October2021
Median Sales Price Single Family Homes
MarVista
What's in the Mar Vista data?
In Mar Vista, the median sold price for single family homes in October decreased month over month to $0. The number of homes sold decreased to 0, and the number of new listings increased to 4 The number of condo & townhome sales was static month over month at $0 with 0 unit sold and 7 new listings, similar to last month. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
d y | p y operated
0 $0 Months of Inventory Median Sale Price 0% 0 Median Sale vs List Avg Days on Market 0 7 New Listings Sold Listings CONDO Condo & Townhomes
y2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 y2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 Vista
2022 SALE VS SOLD LISTINGS
OCTOBER
omes year-over-year. homes , year-over-year.
Median Sales Price
Single Family Homes
The median sales price decreased from $1 9m in October 2021 to $0 in October 2022
Condos & Townhomes
The median sales price stays at $0 for October 2021 and October 2022
AVG Days On the Market
Single Family Homes
The average days on market stays at 0 days for October 2021 and October 2022.
Condos & Townhomes
The average days on market stays at 0 days for October 2021 and October 2022.
Overbids
Single Family Homes
The overbid percentage decreased from 109 7% last October 2021 to 0% a year later.
Condos & Townhomes
The overbid percentage stays at 0% for October 2021 and October 2022
November2021December2021January2022
October2021
February2022March2022April2022May2022June2022July2022August2022September2022October2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 October2021
September2022October2022
Playa DelRey
What's in the Playa Del Rey data?
In Playa Del Rey, the median sold price for single family homes in October increased month-over-month to $2.3 million. The number of homes sold decreased to 3, and the number of new listings decreased to 19. The number of condo & townhome sales decreased month over month to $680 thousand, with 12 units sold and 25 new listings Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%.
Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
y | p y operated
25 2.1 $680K Months of Inventory Median Sale Price 97% 36 Median Sale vs List Avg Days on Market 12 New Listings Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 40 30 20 10 0 October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 60 40 20 0 PlayaDelRey OCTOBER 2021 OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price increased from $1 9m in October 2021 to $2 3m in October 2022
Condos & Townhomes
The median sales price decreased from $800k in October 2021 and $680k in October 2022
AVG Days On the Market
Single Family Homes
The average days on market increased from 39 days last October 2021 to 46 days by October 2022
Condos & Townhomes
The average days on market increased from 26 days in October 2021 to 36 days this year.
Overbids
Single Family Homes
The overbid percentage decreased from 93 4% last October 2021 to 87.4% a year later.
Condos & Townhomes
The overbid percentage decreased from 102 1% last October 2021 to 97% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
125 100 75 50 25 0
125% 100% 75% 50% 25% 0%
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
Venice
What's in the Venice data?
In Venice, the median sold price for single family homes in October decreased month over month to $1.9 million. The number of homes sold decreased to 9, and the number of new listings decreased to 113 The number of condo & townhome sales decreased month over-month to $1 million with 7 units sold and 25 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
p y p
25 2.8 $1M Months of Inventory Median Sale Price 100.7% 17 Median Sale vs List Avg Days on Market 7 New Listings Sold Listings CONDO Condo & Townhomes
, y y
Median Sales Price
Single Family Homes
The median sales price decreased from $2 8m in October 2021 to $1 9m in October 2022
Condos & Townhomes
The median sales price decreased from $1 6m in October 2021 and $1m in October 2022
AVG Days On the Market
Single Family Homes
The average days on market slightly increased from 45 days last October 2021 to 46 days by October 2022
Condos & Townhomes
The average days on market decreased from 44 days in October 2021 to 17 days this year.
Overbids
Single Family Homes
The overbid percentage increased from 94 5% last October 2021 to 96.7% a year later.
Condos & Townhomes
The overbid percentage increased from 97 2% last October 2021 to 100 7% a year later
December2021
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
100 75 50 25 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 October2021
September2022October2022
West Hollywood
What's in the West Hollywood data?
In West Hollywood, the median sold price for single family homes in October decreased month-over-month to $2.1 million. The number of homes sold decreased to 6, and the number of new listings increased to 52. The number of condo & townhome sales has increased to $1.2 million month over month with 27 units sold and 158 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
2 2 $2.1M hs of Inventory Median Sale Price 7.2% 24 an Sale vs List Avg Days on Market 6 Listings Sold Listings FH gle Family Homes ourced from Broker Metrics, includes all single family homes, condos, and s in the California Area from October 2021 to October 2022 This may eliminary data, and vary from the time the data was gathered. All data is iable but not guaranteed Questions may be directed to Keller Williams RE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Rey | Pacific Palisades 2022 Each Office is independently owned and operated
158 3.4 $1.2M Months of Inventory Median Sale Price 97.4% 41 Median Sale vs List Avg Days on Market 27 New Listings Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 75 50 25 0 October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 250 200 150 100 50 0 LISTINGS FOR SALE VS SOLD LISTINGS WestHollywood OCTOBER 2021 OCTOBER 2022 Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price is has slightly decreased from $2 9m last October 2021 to $1 2m on October 2022
Condos & Townhomes
The median sales price has increased from $902k last October 2021 to $1 2m on October 2022
AVG Days On the Market
Single Family Homes
The average days on market is from 16 days last October 2021 down to 24 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 27 days up to 41 days in October 2022.
Overbids
Single Family Homes
The overbid percentage has increased from 95% last October 2021 to 97.2% a year later.
Condos & Townhomes
The overbid percentage has decreased from 99 1% last October 2021 to 97 4% a year later
November2021December2021
October2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022
80 60 40 20 0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 125% 100% 75% 50% 25% 0%
$4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 October2021
September2022October2022
Westwood
What's in the Westwood data?
In Westwood, the median sold price for single family homes in October was static at $0 month over month. The number of homes sold and number of new listings was static at 0 units. The number of condo and townhome sales was static month-over-month at $0 with 0 units sold and 9 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
0 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings SFH Single Family Homes The data, sourced from Broker Metrics, includes all single family homes, condos, and townhomes in the California Area from October 2021 to October 2022 This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE#
Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022 Each Office is independently owned and operated
01499010.
9 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 3 2 1 0 October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 10 75 5 25 0 Westwood OCTOBER 2021 OCTOBER 2022 LISTINGS FOR SALE VS SOLD LISTINGS Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price has no increased from $0 last October 2021 to $0 on October 2022
Condos & Townhomes
The median sales price has increased from $0 last October 2021 to $0 on October 2022
$1,500,000 $1,000,000 $500,000 $0
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
AVG Days On the Market
Single Family Homes
The average days on market is from 0 days last October 2021 to 0 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 0 days down to 0 days on October 2022.
Overbids
Single Family Homes
The overbid percentage is up to 0% last October 2021 which increases to 0% a year later.
Condos & Townhomes
The overbid percentage has gone down from 0% last October 2021 to 0% a year later
20 10 0
100% 75% 50% 25% 0%
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 50 40 30
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
Beverly Hills
What's in the Beverly Hills data?
In Beverly Hills the median sold price for single family homes in October increased month-over-month to $7 million. The number of homes sold decreased to 23 and the number of new listings increased to 265. The number of condo & townhome sales decreased to $1.1 million month over month with 10 units sold and 56 new listings Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%.
Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
265 7.7 $7M Months of Inventory Median Sale Price 91% 83 Median Sale vs List Avg Days on Market 23 New Listings Sold Listings SFH Single Family Homes The data, sourced from Broker Metrics, includes all single family homes, condos, and townhomes in the California Area from October 2021 to October 2022 This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed Questions may be directed to Keller Williams Advisors. DRE#
Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022 Each Office is independently owned and operated
01499010.
56 5.1 $1.1M Months of Inventory Median Sale Price 97.4% 38 Median Sale vs List Avg Days on Market 10 New Listings Sold Listings CONDO Condo & Townhomes
October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 400 300 200 100 0 October2021November2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 75 50 25 0 LISTINGS FOR SALE VS SOLD LISTINGS BeverlyHills OCTOBER 2021 OCTOBER 2022 Single Family Homes Last 12 months, year-over-year. Condos & Townhomes Last 12 months, year-over-year.
Median Sales Price
Single Family Homes
The median sales price has increased from $6m last October 2021 to $7m on October 2022
Condos & Townhomes
The median sales price has decreased from $1 3m last October 2021 to $1 1m on October 2022
AVG Days On the Market
Single Family Homes
The average days on market is from 63 days last October 2021 up to 83 days by October 2022
Condos & Townhomes
The average days on market last October 2021 is 49 days down to 38 days on October 2022.
Overbids
Single Family Homes
The overbid percentage has increased from 86 8% last October 2021 to 91% a year later.
Condos & Townhomes
The overbid percentage has increased from 96 1% last October 2021 to 97 4% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
100 75 50 25 0
December2021
125% 100% 75% 50% 25% 0%
$10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
October2021November2021
January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
Riverside County
What's in the Riverside County data?
In Riverside County, the median sold price for single family homes in October increased month-over-month to $570 thousand. The number of homes sold decreased to 1,715, and the number of new listings increased to 10,307. The number of condo & townhome sales increased month over month to $420 thousand with 259 units sold and 1,433 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
0,307 9 $570K hs of Inventory Median Sale Price 5.4% 43 an Sale vs List Avg Days on Market 1,715 Listings Sold Listings FH gle Family Homes urced from Broker Metrics, includes all single family homes, condos, and in the California Area from October 2021 to October 2022 This may iminary data, and vary from the time the data was gathered. All data is able but not guaranteed Questions may be directed to Keller Williams RE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Rey | Pacific Palisades 2022 Each Office is independently owned and operated
1,433 3.8 $420K Months of Inventory Median Sale Price 96.9% 37 Median Sale vs List Avg Days on Market 259 New Listings Sold Listings CONDO Condo & Townhomes
Ri id C t
Median Sales Price
Single Family Homes
The median sales price increased from $555k in October 2021 to $570k in October 2022
Condos & Townhomes
The median sales price increased from $390k in October 2021 and $420k in October 2022
AVG Days On the Market
Single Family Homes
The average days on market increased from 25 days last October 2021 to 43 days by October 2022
Condos & Townhomes
The average days on market increased from 26 days in October 2021 to 37 days this year.
Overbids
Single Family Homes
The overbid percentage decreased from 100 4% last October 2021 to 95.4% a year later.
Condos & Townhomes
The overbid percentage decreased from 100 7% last October 2021 to 96 9% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 $750,000 $500,000 $250,000 $0
20 10 0
125% 100% 75% 50% 25% 0%
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 50 40 30
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
SanDiego County
What's in the San Diego County data?
In San Diego County, the median sold price for single family homes in October increased month-over-month to $875 thousand. The number of homes sold decreased to 1,259 and the number of new listings decreased to 6,850. The number of condo & townhome sales increased month over month to $600 thousand with 593 units sold and 2,579 new listings. Buyers are still being aggressive with their offer prices, with the median offer price continuing to be about 100%. Only about 6% of all homes for sale were actually completed, due to supply constraints adding to the scarcity of home supply. Meanwhile, the demand continues to rise, leading to a rise in sales prices, creating an imbalance between supply and demand.
s all single family homes, condos, and 2021 to October 2022 This may e the data was gathered. All data is may be directed to Keller Williams ams Santa Monica | Brentwood |
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$875K edian Sale Price 33 vg Days on Market
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1,259
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2,579 2.8 $600K Months of Inventory Median Sale Price 96.7% 28 Median Sale vs List Avg Days on Market 593 New Listings Sold Listings CONDO Condo & Townhomes
ember2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 ember2021December2021January2022February2022March2022 April2022 May2022 June2022 July2022August2022September2022October2022 NGS FOR SALE VS SOLD LISTINGS SanDiegoCounty BER 2021 OCTOBER 2022 Family Homes 2 months, year-over-year. s & Townhomes 2 months, year over year.
Median Sales Price
Single Family Homes
The median sales price increased from $850k in October 2021 to $875k in October 2022
Condos & Townhomes
The median sales price increased from $550k in October 2021 and $600k in October 2022
$1,000,000 $750,000 $500,000 $250,000 $0
AVG Days On the Market
Single Family Homes
The average days on market increased from 19 days last October 2021 to 33 days by October 2022
Condos & Townhomes
The average days on market increased from 17 days in October 2021 to 28 days this year.
Overbids
Single Family Homes
The overbid percentage decreased from 98 9% last October 2021 to 94.7% a year later.
Condos & Townhomes
The overbid percentage decreased from 100 8% last October 2021 to 96 7% a year later
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
20 10 0
125% 100% 75% 50% 25% 0%
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022 40 30
October2021November2021December2021January2022February2022March2022April2022May2022June2022July2022August2022September2022October2022
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