Market report for Souther California area September 2022
Market Report for the Southern California area September 2022.
Southern California area
Los Angeles
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Santa Monica
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Brentwood
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Marina Del Rey
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Pacific Palisades
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Culver City
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Mar Vista
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Playa Del Rey
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Venice
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West Hollywood
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Westwood
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Beverly Hills
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What’syourhome reallyworthin today’smarket?
That’s really the question you should be asking yourself.
Our market is incredibly diverse and changes rapidly. Values vary not just by neighborhood, but by street. Your home isn't necessarily worth what your neighbors is. At the end of the day, the current market sets the value of your home.
So, do you know what your home is worth in today's market?
Icanhelp...
Contact me for a confidential, no obligation, assessment of your home's value.
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. This could be the reason the percentage of people who list their houses on their own, known as an FSBO, or For Sale By Owner, is at its lowest point since 1985
Here are five reasons why selling with a real estate professional makes more sense, even in today’s hot market:
1. They Know What Buyers Want To See
2. They Help Maximize Your Buyer Pool
3 They Understand the Fine Print
4. They’re Trained Negotiators
5. They Know How To Set the Right Price for Your House
There’s a lot that goes into selling your house. Instead of tackling it alone, reach out to a trusted real estate advisor to make sure you have an expert on your side throughout the entire process. Read more here.
Los Angeles
What's in the Los Angeles data?
In Los Angeles, the median sold price for single-family homes in August remained the same month-over-month to $905 thousand. The number of homes sold decreased to 3,432, and the number of new listings decreased to 15,800. The number of condo & townhomes sales slightly increased to $657 thousand month-over-month with 1,224 units sold and 4,955 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
15,800 New Listings
3,432 Sold Listings
2.6 Months of Inventory
$905K Median Sale Price
97.5%
Median Sale vs List
32
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
The median sales price remained the same $905k from August 2021 to $905k in August 2022.
Condos & Townhomes
The median sales price has slightly increased from $615k last August 2021 to $657k in August 2022.
Single Family Homes
The average days on market is from 22 days last August 2021 up to 32 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 25 days up to 31 days in August 2022
Overbids
Single Family Homes
The overbid percentage is down to 100.5% last August 2021 which decreased to 97.5 % a year later.
Condos & Townhomes
The overbid percentage has gone down from 101% last August 2021 to 98.4 % a year later.
Santa Monica
What's in the Santa Monica data?
In Santa Monica, the median sold price for single-family homes in August decreased month-over-month to $3.4 million. The number of homes sold decreased to 24, and the number of new listings decreased to 128. The number of condo & townhomes sales slightly increased at $1.1 million month-over-month with 30 units sold and 179 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Homes
24 Sold Listings
$3.4M
Median Sale Price
25
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
179 New Listings
2.5 Months of Inventory
30 Sold Listings
SantaMonica
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 is down to $3 4m from August 2021 to $3 4m in August 2022
Condos & Townhomes
The median sales price has remained the same from $1.1m last August 2021 to $1.1m in August 2022.
Single Family Homes
The average days on the market is from 30 days last August 2021 to 25 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 34 days up to 35 days in August 2022.
Overbids
Single Family Homes
The overbid percentage is down to 99.6% last August 2021 which increases to 95.8% a year later.
Condos & Townhomes
The overbid percentage has gone down from 98.9% last August 2021 to 96.8% a year later.
Brentwood
What's in the Brentwood data?
In Brentwood, the median sold price for single-family homes in August slightly increased month-over-month to $765 thousand. The number of homes sold decreased to 40, while the number of new listings in August 2022 was similar to last year at 124. The number of condo and townhome sales decreased month-over-month to $750 thousand, with 1 unit sold and 6 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
124 New Listings
1.3 Months of Inventory
40 Sold Listings
$765K Median Sale Price
93.4%
Median Sale vs List
40
Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
Brentwood
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 increased from $762k in August 2021 to $765k in August 2022
Condos & Townhomes
The median sales price decreased from $1 7m in August 2021 to $750k in August 2022
Single Family Homes
The average days on market increased from 17 day last August 2021 to 40 days by August 2022
Condos & Townhomes
The average days on market decreased from 20 days in August 2021 to 4 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 100 70% last August 2021 to 93 40% a year later
Condos & Townhomes
The overbid percentage decreased from 101 50% last August 2021 to 100 10% a year later
Marina DelRey
What's in the Marina Del Rey data?
In Marina Del Rey, the median sold price for single-family homes in August decreased month-over-month to $0. The number of homes sold decreased to 0, and the number of new listings increased to 28. The number of condo & townhomes sales was static at $1.1 million month-overmonth with 16 units sold and 92 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
28 New Listings
25 Months of Inventory
0 Sold Listings
$0 Median Sale Price
0% Median Sale vs List 78 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
92 New Listings
16 Sold Listings
2.6 Months of Inventory
$1.1M Median Sale Price 97.4%
Median Sale vs List 50 Avg Days on Market
MarinaDelRey
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 $2 4m last August 2021 to $0 in August 2022
Condos & Townhomes
The median sales price has slightly increased from $1 12m last August 2021 to $1 13m in August 2022
Single Family Homes
The average days on market is from 26 days last August 2021 to 78 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 36 days to 50 days in August 2022.
Overbids
Single Family Homes
The overbid percentage has decreased from 96 50% last August 2021 to 0% a year later
Condos & Townhomes
The overbid percentage has slightly decreased from 98 70% last August 2021 to 97 40% a year later
Pacific Palisades
What's in the Pacific Palisades data?
In Pacific Palisades, the median sold price for single-family homes in August decreased month-over-month to $4 million. The number of homes sold decreased to 14, and the number of new listings decreased to 93. The number of condo & townhomes sales increased at $1.6 million month-overmonth with 12 units sold and 27 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
93 New Listings
3.6 Months of Inventory
14 Sold Listings
$4M Median Sale Price
105.4% Median Sale vs List
31 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
27 New Listings
12 Sold Listings
3 Months of Inventory
$1.6M
Sale Price
Median Sale vs List 28 Avg Days on Market
PacificPalisades
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 is down $4 1m from August 2021 to $4m in August 2022
Condos & Townhomes
The median sales price has slightly increased from $1 3m last August 2021 to $1 6m in August 2022
Single Family Homes
The average days on market is from 56 days last August 2021 down to 31 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 22 days down to 28 days in August 2022
Overbids
Single Family Homes
The overbid percentage is up to 98% last August 2021 which increases to 105.4% a year later.
Condos & Townhomes
The overbid percentage has gone up from 95.4% last August 2021 to 100.9% a year later.
Culver City
What's in the Culver City data?
In Culver City, the median sold price for single-family homes in August decreased month-over-month to $1.5 million. The number of homes sold increased to 23, and the number of new listings decreased to 68. The number of condo & townhomes sales was static at $635 thousand month-overmonth with 17 units sold and 61 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
68 New Listings
3.1 Months of Inventory
23 Sold Listings
$1.5M Median Sale Price
100.5% Median Sale vs List
40 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
61
CulverCity
LISTINGS FOR SALE VS SOLD LISTINGS
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 is the down from $1 8m on August 2021 to $1 5m on August 2022
Condos & Townhomes
The median sales price has slightly increased from $599k last August 2021 to $635k in August 2022
Single Family Homes
The average days on market is from 22 days last August 2021 to 40 days by August 2022
Condos
& Townhomes
The average days on market last August 2021 is 25 days up to 30 days in August 2022.
Overbids
Single Family Homes
The overbid percentage is down to 104% last August 2021 which slightly decreased to 100 5% a year later
Condos & Townhomes
The overbid percentage has gone down from 100 8% last August 2021 to 100 2% a year later
MarVista
What's in the Mar Vista data?
In Mar Vista, the median sold price for single-family homes in August increased month-over-month to $2.3 million. The number of homes sold increased to 3 and the number of new listings decreased to 1. The number of condo & townhouses sales was static month-over-month at $0, with 0 units sold and 0 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
1 New Listings
0 Months of Inventory
3 Sold Listings
$2.3M Median Sale Price
95.2% Median Sale vs List
52 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
Median SalesPrice
Single Family Homes
The median sales price increased from $2 1m in August 2021 to $2 3m in August 2022
Condos & Townhomes
The median sales price decreased from $700k in August 2021 and $0 in August 2022
Single Family Homes
The average days on market increased from 7 day last August 2021 to 52 days by August 2022.
Condos & Townhomes
The average days on market stays at 0 days for August 2021 and August 2022
Overbids
Single Family Homes
The overbid percentage decreased from 106 8% last August 2021 to 95 2% a year later
Condos & Townhomes
The overbid percentage decreased from 97 4% last August 2021 to 0% a year later
Playa DelRey
What's in the Playa Del Rey data?
In Playa Del Rey, the median sold price for single-family homes in August increased month-over-month to $2.2 million. The number of homes sold decreased to 2 and the number of new listings also decreased to 30. The number of condo & townhomes sales increased month-over-month to $762 thousand with 8 units sold and 28 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
28 New Listings
8 Sold Listings
Median SalesPrice
Single Family Homes
The median sales price increased from $1 8m in August 2021 to $2 2m in August 2022
Condos & Townhomes
The median sales price increased from $724k in August 2021 and $762k in August 2022
Single Family Homes
The average days on market increased from 34 day last August 2021 to 73 days by August 2022
Condos & Townhomes
The average days on market increased from 24 days in August 2021 to 50 days this year
Overbids
Single Family Homes
The overbid percentage increased from 93 10% last August 2021 to 103 40% a year later
Condos & Townhomes
The overbid percentage increased from 99 20% last August 2021 to 101 40% a year later
Venice
What's in the Venice data?
In Venice, the median sold price for single-family homes in August decreased month-over-month to $2 million. The number of homes sold decreased to 16 and the number of new listings also decreased to 116. The number of condo & townhomes sales increased month-over-month to $1.8 million with 8 units sold and 20 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the number of completed homes, the month’s supply of homes available was less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
116 New Listings
3.3 Months of Inventory
16 Sold Listings
$2M Median Sale Price
96.5%
Median Sale vs List
66 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
20 New Listings
8 Sold Listings
amily Homes
months, year-over-year. & Townhomes
Median SalesPrice
Single Family Homes
The median sales price decreased from $2 3m in August 2021 to $2 in August 2022
Condos & Townhomes
The median sales price increased from $1m in August 2021 and $1 8m in August 2022
Single Family Homes
The average days on market increased from 40 days last August 2021 to 66 days by August 2022
Condos & Townhomes
The average days on market decreased from 72 days in August 2021 to 16 days this year
Overbids
Single Family Homes
The overbid percentage decreased from 97 80% last August 2021 to 96 50% a year later
Condos & Townhomes
The overbid percentage slightly decreased from 101 60% last August 2021 to 100 80% a year later
West Hollywood
What's in the West Hollywood data?
In West Hollywood, the median sold price for single-family homes in August increased month-over-month to $3 million. The number of homes sold decreased to 1, and the number of new listings increased to 50. The number of condo & townhomes sales has increased to $902 thousand monthover-month with 34 units sold and 163 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
50 New Listings
9.8 Months of Inventory
1 Sold Listings
$3M Median Sale Price
94.6% Median Sale vs List
35 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
163
WestHollywood
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 is has increased from $2 2m last August 2021 to $3m on August 2022
Condos & Townhomes
The median sales price has slightly increased from $840k last August 2021 to $902k on August 2022
Single Family Homes
The average days on market is from 118 days last August 2021 up to 35 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 31days up to 45 days in August 2022
Overbids
Single Family Homes
The overbid percentage has decreased from 96 20% last August 2021 to 94 60% a year later
Condos & Townhomes
The overbid percentage has no changes from 97 30% last August 2021 to 97 30% a year later
Westwood
What's in the Westwood data?
In Westwood, the median sold price for single-family homes in August was static at $0 month-over-month. The number of homes sold and number of new listings was static at 0 units. The number of condo & townhomes sales was static at $0 month-over-month with 0 units sold and 9 new listings. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
New Listings
0
Months of Inventory
0 Sold Listings
$0
Median Sale Price
0%
Median Sale vs List
0 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
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 no increased from $0 last August 2021 to $0 on August 2022
Condos & Townhomes
The median sales price has increased from $610k last August 2021 to $0 on August 2022
AVGDays OntheMarket
Single Family Homes
The average days on market is from 0 days last August 2021 to 0 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 0 days down to 0 days on August 2022
Overbids
Single Family Homes
The overbid percentage is up to 0% last August 2021 which increases to 0% a year later
Condos & Townhomes
The overbid percentage has gone down from 98 40% last August 2021 to 0% a year later
Beverly Hills
What's in the Beverly Hills data?
In Beverly Hills the median sold price for single-family homes in August increased month-over-month to $5.2 million. The number of homes sold decreased to 21, and the number of new listings decreased to 261. The number of condo & townhomes sales was static at $1.5 million month-over-month with 10 units sold and 60 new listings. Buyers are also still being aggressive with their offer prices, with the median offer price continuing to be about 100%. There is no doubt that higher interest rates have impacted demand for homes, especially in June when rates had reached their apex. But low inventory continues to be a factor as well. A balanced market is considered representative of 6 month’s supply of homes. When factoring in the amount of completed homes, the month’s supply of homes available was really less than a month at 25 days. This ongoing imbalance of supply and demand should continue to be supportive of home prices.
Single Family Homes
261 New Listings
13.7 Months of Inventory
21 Sold Listings
$5.2M Median Sale Price
86%
Median Sale vs List
48 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos, and townhomes in the California Area from August 2021 to August 2022. This may include preliminary data, and vary from the time the data was gathered. All data is deemed reliable but not guaranteed. Questions may be directed to Keller Williams Advisors. DRE# 01499010. Copyright Keller Williams Santa Monica | Brentwood | Marina Del Rey | Pacific Palisades 2022. Each Office is independently owned and operated.
60 New Listings
10 Sold Listings
4.8 Months of Inventory
Median Sale vs List 69 Avg Days on Market
BeverlyHills
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 $4 2m last August 2021 to $5 2m on August 2022
Condos & Townhomes
The median sales price has increased from $1 4m last August 2021 to $1 5m on August 2022
Single Family Homes
The average days on market is from 54 days last August 2021 down to 48 days by August 2022
Condos & Townhomes
The average days on market last August 2021 is 54 days up to 69 days on August 2022
Overbids
Single Family Homes
The overbid percentage has decreased from 93 30% last August 2021 to 86% a year later
Condos & Townhomes
The overbid percentage has gone down from 95% last August 2021 to 92 70% a year later
2701 Ocean Park Blvd #140, Santa Monica, CA 90405, United States
11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States
444 Washington Blvd Marina Del Rey, CA 90292, United States
845 Vía De La Paz, Pacific Palisades, CA 90272, United States
