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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?
Contact me for a confidential, no obligation assessment of your home's value.
3KeystoHittingYour HomeownershipGoalsin2024
If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.
Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.com, explains:
“The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.”
Here are a few things to think through as you define your goals for 2024.
FullSpread $500.00 Placement
Monthly payment for a single Market Center over a span of 12 months.
(+$) Extra fees may be applicable for additional Market Centers.
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OnePage $250.00 Placement
Monthly payment for a single Market Center with a 6 months commitment. (+$) Extra fees may be applicable for additional Market Centers.
Layout can be provided or customized
HOWTOBUDGET FORUNEXPECTED HOME MAINTENANCE COSTS
Unlock homeownership confidently! Prepare for hidden costs like inspections and renovations. Take control with a strategic plan:
1
Save for Unexpected Costs
Ensure a worry-free home with a proactive maintenance plan! Allocate 1-2% of your home's value yearly for repairs, creating a financial safety net. Even $20 a week adds up, offering peace of mind for unexpected expenses. Safeguard your home and finances with a well-crafted budget.
Consider getting a home warranty
Keep your appliances and systems in good shape.
Elevate your homeownership with proactive care! Craft a seasonal to-do list, from flushing your water heater to changing filters and cleaning gutters. Enjoy smooth operation, reduce repair frequency, and discover the joy of a well-maintained home.
Secure your home's future with American Home Shield® Our budget-friendly plans handle repairs and replacements, giving you peace of mind in homeownership
VendorDirectory Listing Placement
Monthly payment for a single Market Center with a 6 months commitment. (+$) Extra fees may be applicable for additional Market Centers.
VENDOR DIRECTORY
When it comes to homeownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.
LosAn
What's in the Los A
There were 10,410 single-fam providing 3 months of invent new listings, and 2,380 home price of $915k. The median o was at 95.9%, with an averag market.
There were 3,730 condo and sale, providing 3 months of in 664 new listings and 772 uni sale price of $660k. The med percentage was at 98.2%, wi days on the market.
80 gs Market
5K Price
single-family homes, condos and December 2023. This may was gathered. All data is KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.
DECEMBER 2022 - DECEMBER 2023
e-Family Homes
12 months, year-over-year.
os & Townhomes
12 months, year-over-year
Median SalesPrice
Single-Family Homes
The median sales price has increased from $862k last December 2022, to $915k as of December 2023
Condos & Townhomes
The median sales price has increased from $600k last December 2022, to $660k as of December 2023
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 48 days last December 2022, to 38 days as of December 2023
Condos & Townhomes
The average time spent on the market went down from 44 days in December 2022, to 42 days as of December 2023.
Overbids
Single-Family Homes
The overbid percentage has increased from 93 5% last December 2022, to 95 9% a year later
Condos & Townhomes
The overbid percentage has increased from 95.9% last December 2022, to 98.2% a year later.
Santa Monica
What's in the Sant data?
There were 123 single-family providing 6.3 months of inve new listings, and 15 homes s of $3m. The median overbid 84 6%, with an average of 45
There were 134 condo and to sale, providing 4.7 months of were 18 new listings and 15 sale price of $1.5m. The med percentage was at 94.4%, wi days on the market.
SFH
Single-Family Homes
12 New Listings
15 Sold Listings
6.3 Months of Inventory
$3M Median Sale Price
84.6% Median Sale vs List
45 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.
18
New Listings
& Townhomes
15
Sold Listings
4.7
Months of Inventory
$1.5M
Median Sale Price 94.4%
Median Sale vs List
53 Avg Days on Market
SantaMonica
DECEMBER 2022 - DECEMBER 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 9m last December 2022, to $3m as of December 2023
Condos & Townhomes
The median sales price has increased from $1m last December 2022, to $1 5m as of December 2023
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 42 days last December 2022, to 45 days as of December 2023
Condos & Townhomes
The average time spent on the market went down from 76 days in December 2022, to 53 days as of December 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 92 3% last December 2022, to 84 6% a year later
Condos & Townhomes
The overbid percentage has increased from 94.1% last December 2022, to 94.4% a year later.
Brentwood
What's in the Brentwood data?
There were 99 single-family homes for sale, providing 5.6 months of inventory. There were 13 new listings, and 18 homes sold at a median price of $3.8m. The median overbid percentage was at 90.3%, with an average of 25 days on the market.
There were 59 condo and townhome units for sale, providing 10.8 months of inventory. There were 5 new listings and 12 units sold at a median sale price of $894k. The median overbid percentage was at 98.1%, with an average of 43 days on the market.
SFH
Single-Family Homes
13 New Listings
18 Sold Listings
5.6 Months of Inventory
$3.8M Median Sale Price
90.3% Median Sale vs List
25 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from December 2022 to December 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 2024. Each office is independently owned and operated.
5
New Listings
12
Sold Listings
10.8
Months of Inventory
$894K
Median Sale Price 98.1%
Median Sale vs List
43 Avg Days on Market
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 4m last December 2022, to $3 8m as of December 2023
Condos & Townhomes
The median sales price has decreased from $1m last December 2022, to $894k as of December 2023
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 37 days last December 2022, to 25 days as of December 2023
Condos & Townhomes
The average time spent on the market remained the same at 43 days in December 2022, to 43 days as of December 2023.
Overbids
Single-Family Homes
The overbid percentage has increased from 87 9% last December 2022, to 90 3% a year later
Condos & Townhomes
The overbid percentage has increased from 95.5% last December 2022, to 98.1% a year later.
444 Washington Blvd Marina Del Rey, CA 90292, United States
845 Vía De La Paz, Pacific Palisades, CA 90272, United States
