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Iris Rivas - September 2023 Market Report | Southern California Area

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Southern California area

Los Angeles

Jump to Los Angeles Report

Santa Monica

Jump to Santa Monica Report

Brentwood

Jump to Brentwood Report

Marina Del Rey

Jump to Marina Del Rey Report

Pacific Palisades

Jump to Pacific Palisades Report

Culver City

Jump to Culver City Report

Sherman Oaks

Jump to Sherman Oaks Report

Studio City

Jump to Studio City Report

Westlake Village

Jump to Westlake Village Report

Playa Del Rey

Jump to Playa Del Rey Report

Venice

Jump to Venice Report

West Hollywood

Jump to West Hollywood Report

Beverly Hills

Jump to Beverly Hills Report

Riverside County

Jump to Riverside County Report

Encino

Jump to Encino Report

San Diego County

Jump to San Diego County Report

Inglewood

Jump to Inglewood Report

Orange County

Jump to Orange County Report

What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

MortgageRates:Past,Present, andPossibleFuture

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.

Giving Context to the Sticker Shock

Freddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages mortgage application data from lenders across the country.

1

Home Concierge's secret weapon is our local project directors, who visit and personally manage each of our projects. When the agent reached out with a tight deadline, project director Azary Khalfan took it in stride and immediately called on her local vendors and subcontractors. Our in-house designer, Samantha Black, worked quickly over the holidays to design a new kitchen while Azary ordered finishes for other parts of the home. Ingenuity, strong vendor connections, and hard work transformed the kitchen in 17 days! The home sold for over $400,000 over asking in just one week.

BEFORE AFTER

Tips to Harden Your Home During Wildfires

Source: Cal Fire

ROOF

Build your roof or re-roof with materials such as composition, metal, clay, or tile Remove any vegetative debris from the roof.

VENTS

Remove all openings with 1/16-inch to 1/4-inch metal mesh Do not use fiberglass or plastic mesh because they can melt and burn

EAVES + SOFFITS

Eaves should be boxed in and protected with ignition-resistant or non-combustible materials.

WINDOWS

Install dual-paned windows with one pane of tempered glass to reduce the chance of breakage in a fire.

WALLS

Use ignition-resistant materials, such as stucco, fiber cement, wall siding, fire retardant, treated wood, etc.

DECKS

Create an ember-resistant zone around and under all decks and clear debris from under your deck.

FENCES

Separate your fences from your house or upgrade the last 5 feet of the fence to a non-combustible material.

GUTTERS

Keep rain gutters clear or enclose rain gutters to prevent accumulation of plant debris

DRIVEWAY

Driveways should be built and maintained in accordance with state and local codes to allow fire and emergency vehicles to reach

CHIMNEY

Close the fireplace during fire season when the chimney is not being used.

PATIO COVER

Use the same ignitionresistant materials for patio coverings as a roof

DECKS

Have a fire extinguisher and tools such as a shovel, rake, bucket, and hose available for fire

BroughtToYouBy:

LosA

What's in the

There were 12,196 sin providing 2.3 months 3,731 new listings and median price of $942k percentage was 98.20 days on the market.

There were 4,116 con sale, providing 2 3 mo were 1,315 new listing median sale price of $ percentage was 99.4% on the market.

,104 Listings s

942K an Sale Price

9 Days on Market

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

1,315

New Listings

3,104 Sold Listings

2.3

Months of Inventory $660K Median Sale Price 99.4% Median Sale vs List

32 Avg Days on Market

LosAngeles

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $910k last August 2022, to $942k as of August 2023

Condos & Townhomes

The median sales price has increased from $659k last August 2022, to $660K as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 30 days last August 2022, to 29 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 30 days in August 2022, to 32 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 97 6% last August 2022, to 98 2% a year later

Condos & Townhomes

The overbid percentage has increased from 98.5% last August 2022, to 99.4% a year later.

Santa Monic

What's in the Sa

data?

There were 149 single-fam providing 4.9 months of i new listings, and 13 hom of $3.8m. The median ov 92 8%, with an average of

There were 141 condo an sale, providing 2.3 month were 36 new listings and price of $1.2m. The medi was at 98.5%, with an ave market.

3 stings

.8M Sale Price

s on Market

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

36 New Listings

31 Sold Listings

2.3 Months of Inventory $1.2M

Sale Price 98.5% Median Sale vs List 40 Avg Days on Market

SantaMonica

AUGUST 2022 - AUGUST 2023

gle-Family Homes st 12 months, year-over-year.

ndos & Townhomes st 12 months, year-over-year

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has increased from $1.1m last August 2022, to $1.2m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 25 days last August 2022, to 40 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 31 days in August 2022, to 40 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 96% last August 2022, to 92 8% a year later

Condos & Townhomes

The overbid percentage has increased from 97.3% last August 2022, to 98.5% a year later.

Brentwood

What's in the Brentwood data?

There were 119 single-family homes for sale, providing 8.7 months of inventory. There were 18 new listings, and 13 homes sold at a median price of $3.3m. The median overbid percentage was 97.1%, with an average of 36 days on the market.

There were 71 condo and townhome units for sale, providing 2.6 months of inventory. There were 23 new listings and 11 units sold at a median price of $1m. The median overbid percentage was 97.1%, with an average of 28 days on the market.

Single-Family Homes

18 New Listings

13 Sold Listings

8.7 Months of Inventory

$3.3M Median Sale Price

97.1% Median Sale vs List

36 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.

Brentwood

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has decreased from $1.082m last August 2022, to $1.080m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 20 days last August 2022, to 36 days as of August 2023

Condos & Townhomes

The average time spent on the market has remained at 28 days since August 2022

Overbids

Single-Family Homes

The overbid percentage has increased from 96 4% last August 2022, to 97 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.4% last August 2022, to 97.1% a year later.

Marina DelRe

What's in the Ma data?

There were 18 single-famil providing 8 months of inve new listings, and 1 home s $1.9m. The median overbi with an average of 49 days

There were 105 condo and sale, providing 3.3 months were 29 new listings and 1 sale price of $1.3m. The m percentage was 98.6%, wit on the market.

1 Sold Listing mes

$1.9M

Median Sale Price

49 Avg Days on Market

includes all single-family homes, condos and August 2022 to August 2023. This may include the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

New

3 Months of I 98.6 Median Sal

Median SalesPrice

Single-Family Homes

The median sales price has increased from $0 last August 2022, to $1 9m as of August 2023

Condos & Townhomes

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

$10,000,000

$7,500,000

$5,000,000

$10,000,000

$7,500,000

$5,000,000

Aug2022Sep2022 Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 77 days last August 2022, to 49 days as of August 2023

The average time spent on the market went down from 48 days in August 2022, to 34 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 0% last August 2022, to 95% a year later

Condos & Townhomes

The overbid percentage has increased from 97.7% last August 2022, to 98.6% a year later.

Pacific Palisades

What's in the Pacific Palisades data?

There were 131 single-family homes for sale providing 4.2 months of inventory. There we new listings and 25 homes sold at a median of $3.9m. The median overbid percentage w 90 6%, with an average of 47 days on the ma

There were 29 condo and townhome units fo sale, providing 2.1 months of inventory. Ther were 5 new listings and 8 units sold at a med price of $1.3m. The median overbid percenta was 92.6%, with an average of 45 days on th market.

Family Homes

ventory

25 Sold Listings

$3.9M Median Sale Price

6% vs List

47 Avg Days on Market

from Broker Metrics, includes all single-family homes, condos and California Area from August 2022 to August 2023. This may include and may vary from the time the data was gathered. All data is deemed guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $4m last August 2022, to $3 9m as of August 2023

Condos & Townhomes

The median sales price has decreased from $1.6m last August 2022, to $1.3m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last August 2022, to 47 days as of August 2023

Condos & Townhomes

The average time spent on market went up from 28 days in August 2022, to 45 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 105 4% last August 2022, to 90 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.9% last August 2022, to 92.6% a year later.

Culve City

What's in the C

There were 79 single-fa providing 2.8 months o new listings, and 15 ho of $1.6m. The median 100.5%, with an averag

There were 46 condo a sale, providing 1.7 mon were 16 new listings an price of $688k. The me was 102.9%, with an av market

16

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 5m last August 2022, to $1 6m as of August 2023

Condos & Townhomes

The median sales price has increased from $635k last August 2022, to $688k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 43 days last August 2022, to 28 days as of August 2023

Condos & Townhomes

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

Overbids

Single-Family Homes

The overbid percentage has increased from 99 6% last August 2022, to 100 5% a year later

Condos & Townhomes

The overbid percentage has increased from 100.2% last August 2022, to 102.9% a year later.

Single-Family Homes

61 New Listings

37 Sold Listings

3.6 Months of Inventory

$1.6M Median Sale Price

100.6% Median Sale vs List

29 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.

Condo & Townh

21 New Listings 1.9 Months of Inventory

Median Sale vs List Avg Days o Sold

AUGUST 2022 - AUGUST 2023

mily Homes onths, year-over-year.

Townhomes onths, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 7m last August 2022, to $1 6m as of August 2023

Condos & Townhomes

The median sales price has decreased from $706k last August 2022, to $685k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

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

Condos & Townhomes

The average time spent on the market went down from 24 days in August 2022, to 23 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 98 4% last August 2022, to 100 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.9% last August 2022, to 100.5% a year later.

StudioC

What's in the Studio

There were 121 single-family ho providing 4.4 months of invento new listings and 22 homes sold of $1.9m. The median overbid p 100.1%, with an average of 31 d

There were 34 condo and town sale, providing 1.5 months of in were 11 new listings and 9 units sale price of $814k. The median percentage was 103.2%, with an days on the market.

Median Sale vs List Avg Da

AUGUST 2022 - AUGUST 2023

-Family Homes

2 months, year-over-year.

os & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

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

Condos & Townhomes

The median sales price has decreased from $830k last August 2022, to $814k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 21 days last August 2022, to 31 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 27 days in August 2022, to 23 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 98 9% last August 2022, to 100 1% a year later

Condos & Townhomes

The overbid percentage has increased from 100.2% last August 2022, to 103.2% a year later.

Westlake Village

What's in the Westlake Village data?

There were 113 single-family homes for sale, providing 2.2 months of inventory. There were 30 new listings, and 24 homes sold at a median price of $2m. The median overbid percentage was 98%, with an average of 42 days on the market

There were 52 condo and townhome units for sale, providing 2 months of inventory. There were 17 new listings and 10 units sold at a median price of $755k. The median overbid percentage was 97.6%, with an average of 36 days on the market.

Single-Family Homes

30 New Listings

24 Sold Listings

2.2 Months of Inventory

$2M Median Sale Price

98% Median Sale vs List

42 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.

estlakeVillage

AUGUST 2022 - AUGUST 2023

mily Homes onths, year-over-year.

Townhomes onths, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 6m last August 2022, to $2m as of August 2023

Condos & Townhomes

The median sales price has decreased from $875k last August 2022, to $755k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 30 days last August 2022, to 42 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 18 days in August 2022, to 36 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 4% last August 2022, to 98% a year later

Condos & Townhomes

The overbid percentage has increased from 96.8% last August 2022, to 97.6% a year later.

Playa DelRey

What's in the Playa Del Rey data?

There were 22 single-family homes for sale, providing 3.2 months of inventory. There were 5 new listings, and 3 homes sold at a median price of $2.2m. The median overbid percentage was 98%, with an average of 50 days on the market

There were 30 condo and townhome units for sale, providing 2.7 months of inventory. There were 10 new listings and 15 units sold at a median price of $860k. The median overbid percentage was 97.9%, with an average of 18 days on the market.

3 Sold Listings

$2.2M Median Sale Price

50 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and Area from August 2022 to August 2023. This may include from the time the data was gathered. All data is deemed DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

10 New Listings

2.7

15 Sold Listings

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2 23m last August 2022, to $2 25m as of August 2023

Condos & Townhomes

The median sales price has increased from $762k last August 2022, to $860k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 42 days last August 2022, to 50 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 46 days in August 2022, to 18 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 103 4% last August 2022, to 98% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.4% last August 2022, to 97.9% a year later.

Venice

What's in the Venice

There were 113 single-family hom providing 7.4 months of inventory new listings and 12 homes sold a of $2.5m. The median overbid pe 98.1%, with an average of 33 day

There were 13 condo and townho sale, providing 5.5 months of inve were 3 new listings and 3 units so price of $1.6m. The median overb was 93.6%, with an average of 93 market.

y Homes

12 Sold Listings

$2.5M

Median Sale Price

33

Avg Days on Market

Metrics, includes all single-family homes, condos and from August 2022 to August 2023. This may include from the time the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2m last August 2022, to $2 5m as of August 2023

Condos & Townhomes

The median sales price has decreased from $1.8m last August 2022, to $1.6m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 65 days last August 2022, to 33 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 16 days in August 2022, to 39 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96 5% last August 2022, to 98 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.8% last August 2022, to 93.6% a year later.

W Ho

What' data?

There we providing new listin of $1.8m 100 5%, w

There we sale, prov were 34 n price of $ 97.2%, wi

Mcondos and may include data is deemed Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

& Townh

estHollywood

AUGUST 2022 - AUGUST 2023

mily Homes onths, year-over-year.

Townhomes onths, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $3m last August 2022, to $1 8m as of August 2023

Condos & Townhomes

The median sales price has increased from $902k last August 2022, to $1m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 34 days last August 2022, to 59 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 46 days in August 2022, to 61 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 94 6% last August 2022, to 100 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.3% last August 2022, to 97.2% a year later.

Beverly Hills

What's in the Beverly Hills data?

There were 248 single-family homes for sale, providing 12 months of inventory. There were 47 new listings, and 16 homes sold at a median pric of $4m. The median overbid percentage was 81 9%, with an average of 33 days on the market

There were 59 condo and townhome units for sale, providing 12.2 months of inventory. There were 18 new listings and 6 units sold at a media price of $1.1m. The median overbid percentage was 93.8%, with an average of 28 days on the market.

entory

amily Homes from Broker Metrics, includes all single-family homes, condos and California Area from August 2022 to August 2023. This may include may vary from the time the data was gathered. All data is deemed guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

16 Sold Listings

$4.6M Median Sale Price

9% s List

33 Avg Days on Market

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $5 2m last August 2022, to $4 6m as of August 2023

Condos & Townhomes

The median sales price has decreased from $1.5m last August 2022, to $1.1m as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 51 days last August 2022, to 33 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 68 days in August 2022, to 28 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 86% last August 2022, to 81 9% a year later

Condos & Townhomes

The overbid percentage has increased from 92.7% last August 2022, to 93.8% a year later.

Riversid County

What's in the Riversid

data?

There were 7,616 single-family ho providing 2.5 months of inventory 2,165 new listings, and 1,814 hom median price of $605k. The medi percentage was 98 4%, with an a on the market.

There were 1,366 condo and tow sale, providing 2.9 months of inve were 322 new listings and 255 un median price of $450k. The medi percentage was 96.9%, with an a on the market

y Homes

1,814

Sold Listings

$605K

Median Sale Price

36

Avg Days on Market

Metrics, includes all single-family homes, condos and from August 2022 to August 2023. This may include from the time the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

Condo & Townh

322 New Listings

2.9 Months of Inventory

Median Sale vs List Avg Days o 2 Sold

versideCounty

AUGUST 2022 - AUGUST 2023

mily Homes onths, year-over-year.

Townhomes onths, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $590k last August 2022, to $605k as of August 2023

Condos & Townhomes

The median sales price has decreased from $457k last August 2022, to $450k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 35 days last August 2022, to 36 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 37 days in August 2022, to 44 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 96 6% last August 2022, to 98 4% a year later

Condos & Townhomes

The overbid percentage has increased from 94.3% last August 2022, to 96.9% a year later.

Encino

What's in the Encino data?

There were 187 single-family homes for sale, providing 4.5 months of inventory. There were 53 new listings and 27 homes sold at a median price of $2.5m. The median overbid percentage was 96.4%, with an average of 34 days on the market.

There were 68 condo and townhome units for sale, providing 2.4 months of inventory. There were 22 new listings and 15 units sold at a median price of $495k. The median overbid percentage was 99%, with an average of 19 days on the market.

Single-Family Homes

53 New Listings

27 Sold Listings

4.5 Months of Inventory

$2.5M Median Sale Price

96.4% Median Sale vs List

34 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.

Encino

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2 4m last August 2022, to $2 5m as of August 2023

Condos & Townhomes

The median sales price has decreased from $507k last August 2022, to $495k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 31 days last August 2022, to 34 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 33 days in August 2022, to 19 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 94 3% last August 2022, to 96 4% a year later

Condos & Townhomes

The overbid percentage has increased from 96.9% last August 2022, to 99% a year later.

SanDiego County

What's in the San Diego County data?

There were 5,038 single-family homes for sale, providing 2.4 months of inventory. There were 1,541 new listings and 1,375 homes sold at a median price of $1m. The median overbid percentage was 97 7%, with an average of 21 days on the market.

There were 2,164 condo and townhome units for sale, providing 1.8 months of inventory. There were 831 new listings and 696 units sold at a median price of $680k. The median overbid percentage was 99.8%, with an average of 19 days on the market

Single-Family Homes

1,541 New Listings

1,375 Sold Listings

2.4 Months of Inventory $1M Median Sale Price

97.7%

Median Sale vs List

21 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from August 2022 to August 2023. 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 2023. Each office is independently owned and operated.

831 New Listings 1.8

SanDiegoCounty

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $885k last August 2022, to $1m as of August 2023

Condos & Townhomes

The median sales price has increased from $615k last August 2022, to $680k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last August 2022, to 21 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 25 days in August 2022, to 19 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 95 5% last August 2022, to 97 7% a year later

Condos & Townhomes

The overbid percentage has increased from 97.6% last August 2022, to 99.8% a year later.

Ingle

What's in the

There were 73 single providing 3.2 month new listings and 25 of $745k. The media 99.4%, with an avera

There were 42 cond sale, providing 2.4 m were 12 new listings price of $510k. The was 101.2%, with an market.

25 ld Listings es

745K ian Sale Price

4 Days on Market

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

12 New Listings

8 Sold Listings

Inglewood

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $757k last August 2022, to $745k as of August 2023

Condos & Townhomes

The median sales price has decreased from $545k last August 2022, to $510k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 27 days last August 2022, to 14 days as of August 2023

Condos & Townhomes

The average time spent on the market went up from 31 days in August 2022, to 52 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 100 7% last August 2022, to 99 4% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last August 2022, to 101.2% a year later.

Oran Coun

What's in the data?

There were 3,655 sing providing 1.7 months 1,235 new listings, an median price of $1.2m percentage was 97 5% on the market.

There were 1,681 con sale, providing 1.4 mo were 620 new listings median price of $774k percentage was 100.1 days on the market

1.2M an Sale Price

,261 d Listings s single-family homes, condos and to August 2023. This may include was gathered. All data is deemed opyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.

5 Days on Market

620

New Listings

$774K Median Sale Price 100.1% Median Sale vs List 24 Avg Days on Market 649 Sold Listings

1.4 Months of Inventory

OrangeCounty

AUGUST 2022 - AUGUST 2023

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 1m last August 2022, to $1 2m as of August 2023

Condos & Townhomes

The median sales price has increased from $692k last August 2022, to $774k as of August 2023.

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 31 days last August 2022, to 25 days as of August 2023

Condos & Townhomes

The average time spent on the market went down from 28 days in August 2022, to 24 days as of August 2023

Overbids

Single-Family Homes

The overbid percentage has increased from 95 5% last August 2022, to 97 5% a year later

Condos & Townhomes

The overbid percentage has increased from 97.5% last August 2022, to 100.1% a year later.

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