Q3 2020
Residential Sales 7.1.2020-9.30.2020 Coast Communities Conejo Valley The Hills The Valley The Westside Hollywood Hills & Mid-City Westside - South Metro Los Angeles South Bay Long Beach Orange County Coastal
Welcome
We are pleased to present to you our Q3 2020 Market Report featuring hand-selected Los Angeles and Orange County markets. This sampling of neighborhoods and corresponding activity highlights some of the many reasons we love calling Southern California home. The enclosed, featured communities range from family focused, community-inspired living to executive-style, ultraprivate retreats, and everything in between. Our Q3 2020 Market Report is even more powerful when matched with our own long standing relationships and keen understanding of current and anticipated market conditions. We're confident you won't find a stronger real estate partner and are here to play a role in the advancement of your health, happiness and personal real estate success.
LA | OC Featured Q3 2020 Residential Sales
4
Coast Communities
6
Conejo Valley
8
The Hills
10
The Valley
12
The Westside
14
Hollywood Hills & Mid-City
16
Westside - South
Glossary
18
Metro Los Angeles
SOLD Homes sold, in units
20
South Bay
MARKET TIME The time elapsed between a signed listing contract to the opening of escrow
22
Long Beach
24
Orange County Coastal
Information deemed reliable but not guaranteed. The enclosed data has been supplied by the CRMLS or The MLS™. Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy.
3
LA | OC Featured Q3 2020 Residential Sales
Coast Communities Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
MALIBU
31
48
39
39
18
MARINA DEL REY
21
34
32
29
PACIFIC PALISADES
30
32
43
SANTA MONICA
69
58
TOPANGA
4
VENICE
WESTCHESTER
Q3 2020 Avg Sales Price
2020
2019
$4,832,699
212
496
13
$1,199,888
114
129
35
28
$3,175,142
122
172
83
70
53
$1,950,585
118
121
18
15
12
10
$1,371,681
109
220
22
27
37
29
20
$2,129,081
179
184
43
33
35
37
34
$1,480,554
38
60
Coast Communities 2020 Q3 Avg Sales Price $2,305,661
5
LA | OC Featured Q3 2020 Residential Sales
Conejo Valley Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
AGOURA HILLS
39
26
35
33
29
$1,087,371
44
139
WESTLAKE VILLAGE
21
22
15
19
10
$1,377,371
38
159
2020
2019
Conejo Valley 2020 Q3 Avg Sales Price $1,232,371
7
LA | OC Featured Q3 2020 Residential Sales
The Hills Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
BEL AIR HOLMBY HILLS
21
27
21
23
17
$4,109,403
214
226
BEVERLY HILLS
29
29
38
32
30
$4,896,253
294
343
2020
2019
The Hills 2020 Q3 Avg Sales Price $4,502,828
9
LA | OC Featured Q3 2020 Residential Sales
The Valley Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
BURBANK
69
73
74
72
69
$948,842
28
58
CALABASAS
46
47
48
47
37
$1,590,675
49
115
ENCINO
81
73
85
80
62
$1,646,312
54
100
HIDDEN HILLS
1
5
5
4
2
$7,956,967
135
523
NORTHRIDGE
52
42
66
53
56
$761,808
22
53
PORTER RANCH
38
46
49
44
39
$994,622
29
53
SHERMAN OAKS
98
104
101
101
100
$1,354,866
48
81
STUDIO CITY
61
45
62
56
52
$1,633,792
79
88
TARZANA
47
54
50
50
46
$1,064,209
42
96
VALLEY VILLAGE
22
32
36
30
31
$1,078,014
43
82
WEST HILLS
51
56
48
52
52
$821,433
24
52
WOODLAND HILLS
95
126
126
116
101
$959,660
38
81
2020
2019
The Valley 2020 Q3 Avg Sales Price $1,734,267
11
LA | OC Featured Q3 2020 Residential Sales
The Westside Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
BEVERLY WOOD
26
14
29
23
19
$1,592,812
70
99
BRENTWOOD
40
56
41
46
37
$3,320,392
145
174
CHEVIOT HILLS RANCHO PARK
7
3
9
6
6
$3,105,347
60
110
WEST LA
14
17
31
21
22
$1,148,211
86
66
WESTWOOD CENTURY CITY
39
64
55
53
56
$1,588,525
160
133
2020
2019
The Westside 2020 Q3 Avg Sales Price $2,151,057
13
LA | OC Featured Q3 2020 Residential Sales
Hollywood Hills & Mid-City Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
BEVERLY CENTER MIRACLE MILE
22
27
31
27
28
$1,662,036
123
98
HANCOCK PARK WILSHIRE
35
35
35
35
38
$1,718,610
97
111
SUNSET STRIP
51
49
62
54
44
$2,291,202
179
224
WEST HOLLYWOOD
49
39
46
45
38
$1,065,498
155
112
2020
2019
Hollywood Hills & Mid-City 2020 Q3 Avg Sales Price $1,684,337
15
LA | OC Featured Q3 2020 Residential Sales
Westside - South Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
CULVER CITY
37
43
43
41
38
$1,086,276
51
51
INGLEWOOD
30
20
30
27
25
$630,234
42
55
2020
2019
Westside - South 2020 Q3 Avg Sales Price $858,255
17
LA | OC Featured Q3 2020 Residential Sales
Metro Los Angeles Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
HOLLYWOOD
17
30
19
22
17
$1,116,066
201
168
LOS ANGELES
777
818
899
831
827
$1,435,276
93
102
LOS FELIZ
18
25
24
22
15
$2,212,252
85
94
SILVER LAKE
56
36
42
45
37
$1,281,826
62
79
2020
2019
Metro Los Angeles 2020 Q3 Avg Sales Price $1,511,355
19
LA | OC Featured Q3 2020 Residential Sales
South Bay Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
EL SEGUNDO
12
7
20
13
9
$1,493,061
41
51
GARDENA
31
32
32
32
38
$583,162
22
45
HAWTHORNE
33
37
45
38
30
$760,905
29
41
HERMOSA BEACH
28
22
20
23
18
$2,243,678
92
121
LOMITA
8
13
23
15
17
$689,288
36
40
MANHATTAN BEACH
49
48
61
53
36
$2,915,815
66
140
PALOS VERDES ESTATES
17
26
24
22
24
$2,408,585
83
144
PLAYA DEL REY
18
21
27
22
18
$1,144,199
57
72
PLAYA VISTA
12
16
8
12
13
$1,348,415
133
153
RANCHO PALOS VERDES
53
51
44
49
49
$1,583,535
47
97
REDONDO BEACH
94
103
111
103
69
$1,252,803
30
67
ROLLING HILLS ESTATE
20
13
21
18
14
$1,840,088
67
88
TORRANCE
106
122
128
119
117
$846,166
26
40
2020
2019
South Bay 2020 Q3 Avg Sales Price $1,469,977
21
LA | OC Featured Q3 2020 Residential Sales
Long Beach Sold
LONG BEACH
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
293
322
330
315
318
$730,068
2020
2019
40
59
Long Beach 2020 Q3 Avg Sales Price $730,068
23
LA | OC Featured Q3 2020 Residential Sales
Orange County Coastal Sold
Q3 Avg
Q3 Avg Market Time
July 2020
August 2020
September 2020
2020
2019
Q3 2020 Avg Sales Price
CORONA DEL MAR
25
195
32
84
21
$2,950,230
151
273
COSTA MESA
89
299
92
160
84
$729,982
40
79
IRVINE
259
1,207
311
592
245
$786,590
63
128
LAGUNA BEACH
48
297
61
135
34
$2,134,109
126
245
MISSION VIEJO
141
368
159
223
129
$611,048
24
65
NEWPORT BEACH
74
508
118
233
81
$1,841,640
77
196
NEWPORT COAST
19
116
22
52
14
$2,779,941
123
365
2020
2019
Orange County Coastal 2020 Q3 Avg Sales Price $1,690,506
25
Information deemed reliable but not guaranteed. The enclosed data has been supplied by the CRMLS or The MLS™. Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy.