December 2024 Market Report | Southern California Area

Page 1

December 2024

Copyright by KW Advisors 2024


Southern California area Los Angeles

Culver City

Jump to Los Angeles Report

Jump to Culver City Report

Santa Monica

Sherman Oaks

Jump to Santa Monica Report

Jump to Sherman Oaks Report

Brentwood

Studio City

Jump to Brentwood Report

Jump to Studio City Report

Marina Del Rey

Westlake Village

Jump to Marina Del Rey Report

Jump to Westlake Village Report

Pacific Palisades

Playa Del Rey

Jump to Pacific Palisades Report

Jump to Playa Del Rey Report


Venice

San Diego County

Jump to Venice Report

Jump to San Diego County Report

West Hollywood

Inglewood

Jump to West Hollywood Report

Jump to Inglewood Report

Beverly Hills

Orange County

Jump to Beverly Hills Report

Jump to Orange County Report

Riverside County

Topanga City

Jump to Riverside County Report

Jump to Topanga City Report

Encino Jump to Encino Report


What’s your home really worth in today’s market? 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?

I can help... Contact me for a confidential, no obligation assessment of your home's value.


Should You Sell Your House As-Is or Make Repairs?

A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell asis instead


Smart Strategies for a Smooth Mortgage Application Secure Your Dream Home Today


paying off debts or 4 Avoid collections without

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verified funds for 5 Use deposits to prevent

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closing delays.

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Keep your financial habits steady for the best mortgage outcomes.

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Reach Out to Us!


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Home Renovations That Can Make a

BIG IMPACT

According to Experts In 2024, the homebuying market faces significant challenges—high prices, steep interest rates, and limited housing inventory. For many, renovating their current home is a more attractive option than purchasing a new one. While the LIRA report predicts a decline in renovation spending, experts emphasize that small-scale updates or targeted larger projects can still deliver major benefits.

What to Consider When Choosing a Home Renovation Project Before diving into a renovation, it’s essential to plan carefully and budget wisely. Working with reputable professionals is key, especially those offering financing options and transferable warranties. Sharing your budget with contractors upfront and involving designers early ensures that your renovation runs smoothly and achieves both financial and functional success. A detailed plan will keep the project on track and help avoid costly surprises.


6 Renovation Projects That Make a Big Impact

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Los Angeles What's in the Los Angeles data? There were 14,006 single-family homes for sale, providing 3.4 months of inventory. There were 2,906 new listings, and 2,671 homes sold at a median price of $973k. The median overbid percentage was at 96.5%, with an average of 39 days on the market. There were 5,331 condo and townhome units for sale, providing 4.1 months of inventory. There were 1,031 new listings and 856 units sold at a median sale price of $679k. The median overbid percentage was at 95.7%, with an average of 45 days on the market.


SFH

Single-Family Homes

2,906

2,671

New Listings

Sold Listings

3.4

$973K

Months of Inventory

Median Sale Price

96.5%

39

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

1,031

856

New Listings

Sold Listings

4.1

$679K

Months of Inventory

Median Sale Price

95.7%

45

Median Sale vs List

Avg Days on Market


Los Angeles NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

20,000

15,000

10,000

5,000

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$1,200,000 $1,000,000 $800,000

Single-Family Homes The median sale price has increased from $940k last November 2023, to $973k as of November 2024.

$600,000 $400,000 $200,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $709k last November 2023, to $679k as of November 2024.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went up from 32 days last November 2023, to 39 days as of November 2024.

20

10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

40.00%

20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 98.2% last November 2023, to 95.7% a year later.

20 23

Condos & Townhomes

60.00%

De c

The overbid percentage has decreased from 98% last November 2023, to 96.5% a year later.

80.00%

20 23

Single-Family Homes

The average time spent on the market went up from 33 days in November 2023, to 45 days as of November 2024.

100.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Santa Monica What's in the Santa Monica data? There were 139 single-family homes for sale, providing 8.5 months of inventory. There were 25 new listings, and 18 homes sold at a median price of $3.4m. The median overbid percentage was at 95.3%, with an average of 57 days on the market. There were 169 condo and townhome units for sale, providing 4.7 months of inventory. There were 39 new listings and 24 units sold at a median sale price of $1.5m. The median overbid percentage was at 97.8%, with an average of 40 days on the market.


SFH

Single-Family Homes

25

18

New Listings

Sold Listings

8.5

$3.4M

Months of Inventory

Median Sale Price

95.3%

57

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

39

24

New Listings

Sold Listings

4.7

$1.5M

Months of Inventory

Median Sale Price

97.8%

40

Median Sale vs List

Avg Days on Market


Santa Monica NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$5,000,000

$4,000,000

Single-Family Homes The median sale price has increased from $2.9m last November 2023, to $3.4m as of November 2024.

$3,000,000

$2,000,000

$1,000,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has increased from $1.5m last November 2023, to $1.55m as of November 2024.

AVG Days On the Market

120 100 80

Single-Family Homes The average time spent on the market went up from 46 days last November 2023, to 57 days as of November 2024.

60 40 20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has increased from 95.7% last November 2023, to 97.8% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 97.3% last November 2023, to 95.3% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 38 days in November 2023, to 40 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Brentwood What's in the Brentwood data? There were 126 single-family homes for sale, providing 14.1 months of inventory. There were 20 new listings, and 14 homes sold at a median price of $2.9m. The median overbid percentage was at 94.5%, with an average of 40 days on the market. There were 64 condo and townhome units for sale, providing 4.5 months of inventory. There were 13 new listings and 7 units sold at a median sale price of $930k. The median overbid percentage was at 96.2%, with an average of 48 days on the market.


SFH

Single-Family Homes

20

14

New Listings

Sold Listings

14.1

$2.9M

Months of Inventory

Median Sale Price

94.5%

40

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

13

7

New Listings

Sold Listings

4.5

$930K

Months of Inventory

Median Sale Price

96.2%

48

Median Sale vs List

Avg Days on Market


Brentwood NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 100

80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$5,000,000

$4,000,000

Single-Family Homes The median sale price has decreased from $3.8m last November 2023, to $2.9m as of November 2024.

$3,000,000

$2,000,000

$1,000,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $1.2m last November 2023, to $930k as of November 2024.

AVG Days On the Market

70 60 50

Single-Family Homes

40

The average time spent on the market went down from 51 days last November 2023, to 40 days as of November 2024.

30 20 10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

40.00%

20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 96.9% last November 2023, to 96.2% a year later.

20 23

Condos & Townhomes

60.00%

De c

The overbid percentage has increased from 92.9% last November 2023, to 94.5% a year later.

80.00%

20 23

Single-Family Homes

The average time spent on the market went up from 41 days in November 2023, to 48 days as of November 2024.

100.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Marina Del Rey What's in the Marina Del Rey data? There were 34 single-family homes for sale, providing 29 months of inventory. There were 2 new listings, and 0 homes sold at a median price of $0. The median overbid percentage was at 0%, with an average of 96 days on the market. There were 114 condo and townhome units for sale, providing 4.3 months of inventory. There were 16 new listings and 18 units sold at a median sale price of $1m. The median overbid percentage was at 94.2%, with an average of 54 days on the market.


SFH

Single-Family Homes

2

0

New Listings

Sold Listings

29

$0

Months of Inventory

Median Sale Price

0%

96

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

16

18

New Listings

Sold Listings

4.3

$1M

Months of Inventory

Median Sale Price

94.2%

54

Median Sale vs List

Avg Days on Market


Marina Del Rey NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 140 120 100 80 60 40 20 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$4,000,000

$3,000,000

Single-Family Homes The median sale price has decreased from $1.9m last November 2023, to $0 as of November 2024.

$2,000,000

$1,000,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $1.1m last November 2023, to $1m as of November 2024.

AVG Days On the Market

120 100 80

Single-Family Homes The average time spent on the market went up from 0 days last November 2023, to 96 days as of November 2024.

60 40 20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 97.1% last November 2023, to 94.2% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 100.8% last November 2023, to 0% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 33 days in November 2023, to 54 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Pacific Palisades What's in the Pacific Palisades data? There were 134 single-family homes for sale, providing 6.1 months of inventory. There were 24 new listings, and 15 homes sold at a median price of $3.9m. The median overbid percentage was at 96.8%, with an average of 48 days on the market. There were 22 condo and townhome units for sale, providing 18 months of inventory. There were 4 new listings and 4 units sold at a median sale price of $1.6m. The median overbid percentage was at 100.6%, with an average of 69 days on the market.


SFH

Single-Family Homes

24

15

New Listings

Sold Listings

6.1

$3.9M

Months of Inventory

Median Sale Price

96.8%

48

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

4

4

New Listings

Sold Listings

18

$1.6M

Months of Inventory

Median Sale Price

100.6%

69

Median Sale vs List

Avg Days on Market


Pacific Palisades NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 35 30 25 20 15 10 5 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$6,000,000 $5,000,000

$2,000,000 $1,000,000

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

Fe b

20 24

20 23 N ov

20 24 M ar 20 24

$0

The median sale price has increased from $1.3m last November 2023, to $1.6m as of November 2024.

Ja n

Condos & Townhomes

$3,000,000

20 23

The median sale price has decreased from $5.3m last November 2023, to $3.9m as of November 2024.

$4,000,000

De c

Single-Family Homes

AVG Days On the Market

100

80

Single-Family Homes

60

The average time spent on the market went down from 51 days last November 2023, to 48 days as of November 2024.

40

20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has increased from 96.5% last November 2023, to 100.6% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has increased from 96.2% last November 2023, to 96.8% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 30 days in November 2023, to 69 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Culver City What's in the Culver City data? There were 80 single-family homes for sale, providing 3.9 months of inventory. There were 15 new listings, and 14 homes sold at a median price of $1.7m. The median overbid percentage was at 97.9%, with an average of 39 days on the market. There were 56 condo and townhome units for sale, providing 2.6 months of inventory. There were 15 new listings and 10 units sold at a median sale price of $712k. The median overbid percentage was at 101.1%, with an average of 44 days on the market.


SFH

Single-Family Homes

15

14

New Listings

Sold Listings

3.9

$1.7M

Months of Inventory

Median Sale Price

97.9%

39

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

15

10

New Listings

Sold Listings

2.6

$712K

Months of Inventory

Median Sale Price

101.1%

44

Median Sale vs List

Avg Days on Market


Culver City NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

100

80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sale price has increased from $1.6m last November 2023, to $1.7m as of November 2024.

$1,000,000

$500,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $730k last November 2023, to $712k as of November 2024.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went up from 33 days last November 2023, to 39 days as of November 2024.

20

10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 101.8% last November 2023, to 101.1% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has remained the same from 97.9% last November 2023, to 97.9% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 26 days in November 2023, to 44 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Sherman Oaks What's in the Sherman Oaks data? There were 226 single-family homes for sale, providing 5 months of inventory. There were 55 new listings, and 27 homes sold at a median price of $1.8m. The median overbid percentage was at 95.6%, with an average of 35 days on the market. There were 109 condo and townhome units for sale, providing 4.3 months of inventory. There were 22 new listings and 11 units sold at a median sale price of $715k. The median overbid percentage was at 99.5%, with an average of 42 days on the market.


SFH

Single-Family Homes

55

27

New Listings

Sold Listings

5

$1.8M

Months of Inventory

Median Sale Price

95.6%

35

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

22

11

New Listings

Sold Listings

4.3

$715K

Months of Inventory

Median Sale Price

99.5%

42

Median Sale vs List

Avg Days on Market


Sherman Oaks NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

300 250 200 150 100 50 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 120 100 80 60 40 20 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sale price has increased from $1.6m last November 2023, to $1.8m as of November 2024.

$1,000,000

$500,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $810k last November 2023, to $715k as of November 2024.

AVG Days On the Market

80

60

Single-Family Homes The average time spent on the market went up from 33 days last November 2023, to 35 days as of November 2024.

40

20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 102.1% last November 2023, to 99.5% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 96.9% last November 2023, to 95.6% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 30 days in November 2023, to 42 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Studio City What's in the Studio City data? There were 161 single-family homes for sale, providing 6 months of inventory. There were 30 new listings, and 17 homes sold at a median price of $2.2m. The median overbid percentage was at 95.2%, with an average of 47 days on the market. There were 45 condo and townhome units for sale, providing 2 months of inventory. There were 13 new listings and 11 units sold at a median sale price of $900k. The median overbid percentage was at 95.8%, with an average of 46 days on the market.


SFH

Single-Family Homes

30

17

New Listings

Sold Listings

6

$2.2M

Months of Inventory

Median Sale Price

95.2%

47

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

13

11

New Listings

Sold Listings

2

$900K

Months of Inventory

Median Sale Price

95.8%

46

Median Sale vs List

Avg Days on Market


Studio City NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 70 60 50 40 30 20 10 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$3,000,000 $2,500,000

$1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

Fe b

20 24 Ja n

20 23 N ov

20 24 M ar 20 24

$0

The median sale price has increased from $805k last November 2023, to $900k as of November 2024.

20 23

The median sale price has increased from $2.2m last November 2023, to $2.25m as of November 2024.

$2,000,000

De c

Single-Family Homes

AVG Days On the Market

70 60 50

Single-Family Homes

40

The average time spent on the market went up from 25 days last November 2023, to 47 days as of November 2024.

30 20 10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 97% last November 2023, to 95.8% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 99.7% last November 2023, to 95.2% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 13 days in November 2023, to 46 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Westlake Village What's in the Westlake Village data? There were 113 single-family homes for sale, providing 2.1 months of inventory. There were 16 new listings, and 31 homes sold at a median price of $1.8m. The median overbid percentage was at 93.2%, with an average of 70 days on the market. There were 53 condo and townhome units for sale, providing 1.9 months of inventory. There were 7 new listings and 12 units sold at a median sale price of $778k. The median overbid percentage was at 95.4%, with an average of 67 days on the market.


SFH

Single-Family Homes

16

31

New Listings

Sold Listings

2.1

$1.8M

Months of Inventory

Median Sale Price

93.2%

70

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

7

12

New Listings

Sold Listings

1.9

$778K

Months of Inventory

Median Sale Price

95.4%

67

Median Sale vs List

Avg Days on Market


Westlake Village NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sale price has increased from $1.4m last November 2023, to $1.8m as of November 2024.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $915k last November 2023, to $778k as of November 2024.

AVG Days On the Market

80

60

Single-Family Homes The average time spent on the market went up from 36 days last November 2023, to 70 days as of November 2024.

40

20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 96.4% last November 2023, to 95.4% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 98% last November 2023, to 93.2% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 60 days in November 2023, to 67 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Playa Del Rey What's in the Playa Del Rey data? There were 24 single-family homes for sale, providing 2.3 months of inventory. There were 3 new listings, and 4 homes sold at a median price of $3.1m. The median overbid percentage was at 94.5%, with an average of 41 days on the market. There were 36 condo and townhome units for sale, providing 2.6 months of inventory. There were 8 new listings and 5 units sold at a median sale price of $755k. The median overbid percentage was at 102.8%, with an average of 47 days on the market.


SFH

Single-Family Homes

3

4

New Listings

Sold Listings

2.3

$3.1M

Months of Inventory

Median Sale Price

94.5%

41

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

8

5

New Listings

Sold Listings

2.6

$755K

Months of Inventory

Median Sale Price

102.8%

47

Median Sale vs List

Avg Days on Market


Playa Del Rey NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

25

20

15

10

5

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 60 50 40 30 20 10 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$4,000,000

$3,000,000

Single-Family Homes The median sale price has increased from $1.6m last November 2023, to $3.1m as of November 2024.

$2,000,000

$1,000,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has increased from $750k last November 2023, to $755k as of November 2024.

AVG Days On the Market

200

150

Single-Family Homes The average time spent on the market went down from 54 days last November 2023, to 41 days as of November 2024.

100

50

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has increased from 99.9% last November 2023, to 102.8% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has increased from 94.2% last November 2023, to 94.5% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 20 days in November 2023, to 47 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Venice What's in the Venice data? There were 139 single-family homes for sale, providing 6.5 months of inventory. There were 20 new listings, and 16 homes sold at a median price of $2.2m. The median overbid percentage was at 95.4%, with an average of 49 days on the market. There were 21 condo and townhome units for sale, providing 19 months of inventory. There were 3 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 130 days on the market.


SFH

Single-Family Homes

20

16

New Listings

Sold Listings

6.5

$2.2M

Months of Inventory

Median Sale Price

95.4%

49

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

3

0

New Listings

Sold Listings

19

$0

Months of Inventory

Median Sale Price

0%

130

Median Sale vs List

Avg Days on Market


Venice NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 35 30 25 20 15 10 5 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$3,500,000 $3,000,000

$2,000,000 $1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

Fe b

20 24 Ja n

20 23 N ov

20 24 M ar 20 24

$0

The median sale price has decreased from $1.5m last November 2023, to $0 as of November 2024.

20 23

The median sale price has decreased from $3.3m last November 2023, to $2.2m as of November 2024.

$2,500,000

De c

Single-Family Homes

AVG Days On the Market

140 120 100

Single-Family Homes

80

The average time spent on the market went down from 94 days last November 2023, to 49 days as of November 2024.

60 40 20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 103.3% last November 2023, to 0% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has increased from 93.2% last November 2023, to 95.4% a year later.0% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 28 days in November 2023, to 130 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



West Hollywood What's in the West Hollywood data? There were 68 single-family homes for sale, providing 11.2 months of inventory. There were 8 new listings, and 4 homes sold at a median price of $2.3m. The median overbid percentage was at 90.8%, with an average of 89 days on the market. There were 210 condo and townhome units for sale, providing 11.1 months of inventory. There were 36 new listings and 18 units sold at a median sale price of $890k. The median overbid percentage was at 96.5%, with an average of 60 days on the market.


SFH

Single-Family Homes

8

4

New Listings

Sold Listings

11.2

$2.3M

Months of Inventory

Median Sale Price

90.8%

89

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

36

18

New Listings

Sold Listings

11.1

$890K

Months of Inventory

Median Sale Price

96.5%

60

Median Sale vs List

Avg Days on Market


West Hollywood NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

100

80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 250

200

150

100

50

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$3,000,000 $2,500,000

$1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

Fe b

20 24 Ja n

20 23 N ov

20 24 M ar 20 24

$0

The median sale price has decreased from $975k last November 2023, to $890k as of November 2024.

20 23

The median sale price has increased from $1.9m last November 2023, to $2.3m as of November 2024.

$2,000,000

De c

Single-Family Homes

AVG Days On the Market

100

80

Single-Family Homes

60

The average time spent on the market went up from 37 days last November 2023, to 89 days as of November 2024.

40

20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has increased from 92.1% last November 2023, to 96.5% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 95.4% last November 2023, to 90.8% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 33 days in November 2023, to 60 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Beverly Hills What's in the Beverly Hills data? There were 300 single-family homes for sale, providing 7.7 months of inventory. There were 30 new listings, and 25 homes sold at a median price of $8.2m. The median overbid percentage was at 89.5%, with an average of 70 days on the market. There were 71 condo and townhome units for sale, providing 9.2 months of inventory. There were 7 new listings and 10 units sold at a median sale price of $1.4m. The median overbid percentage was at 89.4%, with an average of 106 days on the market.


SFH

Single-Family Homes

30

25

New Listings

Sold Listings

7.7

$8.2M

Months of Inventory

Median Sale Price

89.5%

70

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

7

10

New Listings

Sold Listings

9.2

$1.4M

Months of Inventory

Median Sale Price

89.4%

106

Median Sale vs List

Avg Days on Market


Beverly Hills NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

350 300 250 200 150 100 50 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 100

80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$10,000,000

$8,000,000

Single-Family Homes The median sale price has increased from $4.1m last November 2023, to $8.2m as of November 2024.

$6,000,000

$4,000,000

$2,000,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $2m last November 2023, to $1.4m as of November 2024.

AVG Days On the Market

140 120 100

Single-Family Homes

80

The average time spent on the market went down from 98 days last November 2023, to 70 days as of November 2024.

60 40 20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

40.00%

20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 90.3% last November 2023, to 89.4% a year later.

20 23

Condos & Townhomes

60.00%

De c

The overbid percentage has decreased from 97.5% last November 2023, to 89.5% a year later.

80.00%

20 23

Single-Family Homes

The average time spent on the market went up from 36 days in November 2023, to 106 days as of November 2024.

100.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Riverside County What's in the Riverside County data? There were 9,785 single-family homes for sale, providing 4.1 months of inventory. There were 2,157 new listings, and 1,520 homes sold at a median price of $620k. The median overbid percentage was at 97.2%, with an average of 48 days on the market. There were 2,051 condo and townhome units for sale, providing 5.2 months of inventory. There were 428 new listings and 232 units sold at a median sale price of $484k. The median overbid percentage was at 96.6%, with an average of 52 days on the market.


SFH

Single-Family Homes

2,157

1,520

New Listings

Sold Listings

4.1

$620K

Months of Inventory

Median Sale Price

97.2%

48

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

428

232

New Listings

Sold Listings

5.2

$484K

Months of Inventory

Median Sale Price

96.6%

52

Median Sale vs List

Avg Days on Market


Riverside County NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

12,000 10,000 8,000 6,000 4,000 2,000 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 2,500

2,000

1,500

1,000

500

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$700,000 $600,000 $500,000

Single-Family Homes

$400,000

The median sale price has increased from $605k last November 2023, to $620k as of November 2024.

$300,000 $200,000 $100,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has increased from $481k last November 2023, to $484k as of November 2024.

AVG Days On the Market

60 50 40

Single-Family Homes The average time spent on the market went up from 40 days last November 2023, to 48 days as of November 2024.

30 20 10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

40.00%

20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 96.9% last November 2023, to 96.6% a year later.

20 23

Condos & Townhomes

60.00%

De c

The overbid percentage has increased from 97.1% last November 2023, to 97.2% a year later.

80.00%

20 23

Single-Family Homes

The average time spent on the market went up from 44 days in November 2023, to 52 days as of November 2024.

100.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Encino What's in the Encino data? There were 233 single-family homes for sale, providing 4.7 months of inventory. There were 38 new listings, and 21 homes sold at a median price of $2m. The median overbid percentage was at 92.4%, with an average of 45 days on the market. There were 87 condo and townhome units for sale, providing 3.5 months of inventory. There were 18 new listings and 17 units sold at a median sale price of $585k. The median overbid percentage was at 88.9%, with an average of 40 days on the market.


SFH

Single-Family Homes

38

21

New Listings

Sold Listings

4.7

$2M

Months of Inventory

Median Sale Price

92.4%

45

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

18

17

New Listings

Sold Listings

3.5

$585K

Months of Inventory

Median Sale Price

88.9%

40

Median Sale vs List

Avg Days on Market


Encino NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

300 250 200 150 100 50 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 100

80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$3,000,000 $2,500,000

$1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

Fe b

20 24 Ja n

20 23 N ov

20 24 M ar 20 24

$0

The median sale price has increased from $475k last November 2023, to $585k as of November 2024.

20 23

The median sale price has decreased from $2.1m last November 2023, to $2m as of November 2024.

$2,000,000

De c

Single-Family Homes

AVG Days On the Market

60 50 40

Single-Family Homes The average time spent on the market went up from 40 days last November 2023, to 45 days as of November 2024.

30 20 10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 100.4% last November 2023, to 88.9% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 93.5% last November 2023, to 92.4% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 23 days in November 2023, to 40 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



San Diego County What's in the San Diego County data? There were 5,888 single-family homes for sale, providing 3.4 months of inventory. There were 1,207 new listings, and 1,090 homes sold at a median price of $1m. The median overbid percentage was at 96.5%, with an average of 35 days on the market. There were 3,011 condo and townhome units for sale, providing 3.5 months of inventory. There were 645 new listings and 502 units sold at a median sale price of $650k. The median overbid percentage was at 97.3%, with an average of 35 days on the market.


SFH

Single-Family Homes

1,207

1,090

New Listings

Sold Listings

3.4

$1M

Months of Inventory

Median Sale Price

96.5%

35

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

645

502

New Listings

Sold Listings

3.5

$650K

Months of Inventory

Median Sale Price

97.3%

35

Median Sale vs List

Avg Days on Market


San Diego County NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

8,000

6,000

4,000

2,000

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 4,000

3,000

2,000

1,000

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$1,200,000 $1,000,000 $800,000

Single-Family Homes The median sale price has increased from $980k last November 2023, to $1m as of November 2024.

$600,000 $400,000 $200,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has decreased from $655k last November 2023, to $650k as of November 2024.

AVG Days On the Market

35 30 25

Single-Family Homes

20

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

15 10 5

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

40.00%

20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 98% last November 2023, to 97.3% a year later.

20 23

Condos & Townhomes

60.00%

De c

The overbid percentage has decreased from 97% last November 2023, to 96.5% a year later.

80.00%

20 23

Single-Family Homes

The average time spent on the market went up from 26 days in November 2023, to 35 days as of November 2024.

100.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Inglewood What's in the Inglewood data? There were 81 single-family homes for sale, providing 2.8 months of inventory. There were 20 new listings, and 18 homes sold at a median price of $868k. The median overbid percentage was at 96.6%, with an average of 37 days on the market. There were 49 condo and townhome units for sale, providing 4.4 months of inventory. There were 10 new listings and 7 units sold at a median sale price of $542k. The median overbid percentage was at 96.3%, with an average of 45 days on the market.


SFH

Single-Family Homes

20

18

New Listings

Sold Listings

2.8

$868K

Months of Inventory

Median Sale Price

96.6%

37

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

10

7

New Listings

Sold Listings

4.4

$542K

Months of Inventory

Median Sale Price

96.3%

45

Median Sale vs List

Avg Days on Market


Inglewood NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

120 100 80 60 40 20 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 60 50 40 30 20 10 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$1,000,000

$800,000

Single-Family Homes

$600,000

The median sale price has increased from $850k last November 2023, to $868k as of November 2024.

$400,000

$200,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has increased from $534k last November 2023, to $542k as of November 2024.

AVG Days On the Market

140 120 100

Single-Family Homes

80

The average time spent on the market remained the same from 37 days last November 2023, to 37 days as of November 2024.

60 40 20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 98% last November 2023, to 96.3% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has increased from 93.9% last November 2023, to 96.6% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 35 days in November 2023, to 45 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Orange County What's in the Orange County data? There were 3,825 single-family homes for sale, providing 2.4 months of inventory. There were 797 new listings, and 976 homes sold at a median price of $1.3m. The median overbid percentage was at 96.6%, with an average of 40 days on the market. There were 2,043 condo and townhome units for sale, providing 2.3 months of inventory. There were 486 new listings and 536 units sold at a median sale price of $785k. The median overbid percentage was at 97.9%, with an average of 35 days on the market.


SFH

Single-Family Homes

797

976

New Listings

Sold Listings

2.4

$1.3M

Months of Inventory

Median Sale Price

96.6%

40

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

486

536

New Listings

Sold Listings

2.3

$785K

Months of Inventory

Median Sale Price

97.9%

35

Median Sale vs List

Avg Days on Market


Orange County NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

5,000

4,000

3,000

2,000

1,000

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 2,500

2,000

1,500

1,000

500

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sale price has increased from $1.2m last November 2023, to $1.3m as of November 2024.

$1,000,000

$500,000

Condos & Townhomes 20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

20 24 M ar 20 24

Fe b

20 24 Ja n

N ov

De c

20 23

20 23

$0

The median sale price has increased from $777k last November 2023, to $785k as of November 2024.

AVG Days On the Market

40

30

Single-Family Homes The average time spent on the market went up from 30 days last November 2023, to 40 days as of November 2024.

20

10

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 99.3% last November 2023, to 97.9% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 96.9% last November 2023, to 96.6% a year later.

100.00%

20 23

Single-Family Homes

The average time spent on the market went up from 27 days in November 2023, to 35 days as of November 2024.

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Topanga What's in the Topanga data? There were 51 single-family homes for sale, providing 12.3 months of inventory. There were 7 new listings, and 0 homes sold at a median price of $0. The median overbid percentage was at 0%, with an average of 35 days on the market. There were 6 condo and townhome units for sale, providing 0 months of inventory. There were 2 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.


SFH

Single-Family Homes

7

0

New Listings

Sold Listings

12.3

$0

Months of Inventory

Median Sale Price

0%

35

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from November 2023 to November 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

2

0

New Listings

Sold Listings

0

$0

Months of Inventory

Median Sale Price

0%

0

Median Sale vs List

Avg Days on Market


Topanga NOVEMBER 2023 - NOVEMBER 2024

L I S T INGS FOR S A L E

S O L D LISTINGS

80

60

40

20

0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024

Single-Family Homes Last 12 months, year-over-year. 6 5 4 3 2 1 0

Nov 2023 Dec 2023 Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024

Condos & Townhomes Last 12 months, year-over-year.

Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024


Median Sales Price

$3,000,000 $2,500,000

$1,500,000 $1,000,000 $500,000

Condos & Townhomes

20 24

O ct 20 24

N ov

Se p

20 24

20 24

Au g

Ju l2 02 4

Ap r2 02 4 M ay 20 24 Ju n 20 24

Fe b

20 24 Ja n

20 23 N ov

20 24 M ar 20 24

$0

The median sale price has decreased from $1m last November 2023, to $0 as of November 2024.

20 23

The median sale price has decreased from $1.4m last November 2023, to $0 as of November 2024.

$2,000,000

De c

Single-Family Homes

AVG Days On the Market

140 120 100

Single-Family Homes

80

The average time spent on the market went down from 61 days last November 2023, to 35 days as of November 2024.

60 40 20

Condos & Townhomes

Back to Table of Contents

Se p

N ov

20 24

O ct 20 24

20 24

20 24

Au g 20 24

20 24 Ju n

20 24

Ju l2 02 4

60.00% 40.00% 20.00%

20 24

N ov

O ct 20 24

20 24

Se p

20 24

Au g

Ju l2 02 4

20 24 Ju n

20 24

M ay

Ap r2 02 4

M ar 20 24

Fe b

20 24

0.00%

Ja n

The overbid percentage has decreased from 105.3% last November 2023, to 0% a year later.

20 23

Condos & Townhomes

80.00%

De c

The overbid percentage has decreased from 101.6% last November 2023, to 0% a year later.

100.00%

20 23

Single-Family Homes

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

120.00%

N ov

Overbids

M ay

Ap r2 02 4

M ar 20 24

20 24

Fe b

20 24 Ja n

20 23

De c

N ov

20 23

0



Keller Williams Brentwood 11812 San Vicente Blvd Ste 100 Los Angeles, CA 90049

Keller Williams Marina Del Rey 444 Washington Blvd Marina Del Rey, CA 90292

Keller Williams Pacific Palisades 845 Vía De La Paz Pacific Palisades, CA 90272


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