Market Market Report Report
August 2023 Copyright by KW Advisors 2023
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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Sherman Oaks
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Studio City
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Westlake Village
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Playa Del Rey
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Venice
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West Hollywood
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Beverly Hills
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Riverside County
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Encino
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San Diego County
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Inglewood
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Orange County
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Icanhelp... Contact me for a confidential, no obligation assessment of your home's value. That's really 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. At the end of the day, 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? What’syourhome reallyworthin today’smarket? REALTOR® I DRE #01864259 310.739.4216 www.tanyashouses.com TanyaStarcevich YOUR HOMES VALUE? SCAN HERE
Sellers:Don’tLetTheseTwo ThingsHoldYouBack
Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles.
Challenge #1: The Reluctance to Take on a Higher Mortgage Rate
According to the Federal Housing Finance Agency (FHFA), the average interest rate for current homeowners with mortgages is less than 4%.
LosAngeles
What's in the Los Angeles data?
There were 11,864 single-family homes for sale, providing 2.4 months of inventory. There were 3,705 new listings and 2,769 homes sold at a median price of $940k. The median overbid percentage was 99.2%, with an average of 26 days on the market.
There were 4,008 condo and townhome units for sale, providing 2 3 months of inventory There were 1,397 new listings and 970 units sold at a median sale price of $675k. The median overbid percentage was 100.3%, with an average of 26 days on the market.
SFH Single-Family Homes
3,705 New Listings
2,769 Sold Listings
2.4 Months of Inventory
$940K Median Sale Price
99.2% Median Sale vs List
26 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.
1,397 New Listings
2.3
of Inventory
Median Sale Price
Median Sale vs List 26 Avg Days on Market
Condo & Townhomes
Months
$675K
100.3%
970 Sold Listings CONDO
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 25000 20000 15000 10000 5000 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 7500 5000 2500 0 LosAngeles JULY 2022 - JULY 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $927k last July 2022, to $940k as of July 2023
Condos & Townhomes
The median sales price has decreased from $685k last July 2022, to $675k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 99 6% last July 2022, to 99 2% a year later
Condos & Townhomes
The overbid percentage has increased from 100.1% last July 2022, to 100.3% a year later.
Single-Family Homes
The average time spent on the market has remained at 26 days since July 2022
Condos & Townhomes
The average time spent on the market went down from 27 days in July 2022, to 26 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Santa Monica
What's in the Santa Monica data?
There were 144 single-family homes for sale, providing 8.5 months of inventory. There were 30 new listings and 18 homes sold at a median price of $3.2m. The median overbid percentage was 98 7%, with an average of 41 days on the market
There were 139 condo and townhome units for sale, providing 3.1 months of inventory. There were 47 new listings and 21 units sold at a median sale price of $1.2m. The median overbid percentage was 99.9%, with an average of 29 days on the market.
SFH ingle-Family Homes
30 ew Listings
18 Sold Listings
8.5 onths of Inventory
$3.2M Median Sale Price
98.7% edian Sale vs List
41 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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
Condo & Townhomes
47 New Listings
21 Sold Listings
3.1 Months of Inventory
$1.2M Median Sale Price
99.9% Median Sale vs List
29 Avg Days on Market
JULY 2022 - JULY 2023
LISTINGS FOR SALE SOLD LISTINGS
gle-Family Homes st 12 months, year-over-year.
ndos & Townhomes st 12 months, year-over-year
2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 l2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023
SantaMonica
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4 2m last July 2022, to $3 2m as of July 2023
Condos & Townhomes
The median sales price has decreased from $1.26m last July 2022, to $1.22m as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 23 days last July 2022, to 41 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 37 days in July 2022, to 29 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has increased from 98 4% last July 2022, to 98 7% a year later
Condos & Townhomes
The overbid percentage has increased from 99.7% last July 2022, to 99.9% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Brentwood
What's in the Brentwood data?
There were 135 single-family homes for sale, providing 5.8 months of inventory. There were 34 new listings and 17 homes sold at a median price of $3m. The median overbid percentage was 94.3%, averaging 30 days on the market.
There were 64 condo and townhome units for sale, providing 5.9 months of inventory. There were 21 new listings and 9 units sold at a median price of $725k. The median overbid percentage was 96.8%, with an average of 33 days on the market.
SFH Single-Family Homes
34 New Listings
17 Sold Listings
5.8 Months of Inventory
$3.9M Median Sale Price
94.3% Median Sale vs List
30 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.
NGS FOR SALE SOLD
2 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 22 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 entwood
2022 - JULY 2023
JULY
year-over-year.
amily Homes months,
year-over-year
& Townhomes months,
LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $7 1m last July 2022, to $3 9m as of July 2023
Condos & Townhomes
The median sales price has decreased from $1.2m last July 2022, to $725k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 98 2% last July 2022, to 94 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 105.8% last July 2022, to 96.8% a year later.
Single-Family Homes
The average time spent on the market went down from 53 days last July 2022, to 30 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 25 days in July 2022, to 33 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $7,500,000 $5,000,000 $2,500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Marina DelRey
What's in the Marina Del Rey data?
There were 19 single-family homes for sale, providing 0 months of inventory. There were 4 new listings, and 1 home sold at a median price of $3.3m. The median overbid percentage was 97 1%, with an average of 0 days on the market
There were 93 condo and townhome units for sale, providing 5.4 months of inventory. There were 27 new listings and 16 units sold at a media sale price of $1.3m. The median overbid percentage was 97.1%, with an average of 24 day on the market.
SFH Single-Family Homes
4 New Listings
1 Sold Listing
0 Months of Inventory
$3.3M Median Sale Price
97.1% 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 July 2022 to July 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.
023 May2023 Jun2023 Jul2023 2023 May2023 Jun2023 Jul2023 Rey
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $2 4m last July 2022, to $3 3m as of July 2023
Condos & Townhomes
The median sales price has increased from $1.2m last July 2022, to $1.3m as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 4 days last July 2022, to 0 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 30 days in July 2022, to 24 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has increased from 95 4% last July 2022, to 97 1% a year later
Condos & Townhomes
The overbid percentage has decreased from 99.2% last July 2022, to 97.1% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $12,500,000 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Pacif Palis
What's in th Palisades d
There were 138 sin providing 4.5 mont new listings and 17 of $3.5m. The med 96 7%, with an ave There were 35 con sale, providing 3.1 were 8 new listings sale price of $1.3m percentage was 98 on the market.
Co
8 New Listin
3.1 Months of Invento
98% Median Sale vs L
Mar2023 Apr2023 May2023 Jun2023 Jul2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 sades y y LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $4 4m last July 2022, to $3 5m as of July 2023
Condos & Townhomes
The median sales price has decreased from $1.6m last July 2022, to $1.3m as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 28 days last July 2022, to 30 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 60 days in July 2022, to 51 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 99 5% last July 2022, to 96 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.1% last July 2022, to 98% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $6,000,000 $4,000,000 $2,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 200 150 100 50 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Culver City
What's in the Culver City dat
There were 73 single-family homes for sale, providing 3.8 months of inventory. There wer new listings and 14 homes sold at a median p of $1.4m. The median overbid percentage wa 101.7%, with an average of 19 days on the ma
There were 47 condo and townhome units fo sale, providing 1.9 months of inventory. There were 19 new listings and 11 units sold at a m price of $675k. The median overbid percenta was 102.9%, with an average of 21 days on th market
FH ngle-Family Homes
6 Listings
14 Sold Listings
.8 ths of Inventory
$1.4M Median Sale Price
01.7% ian Sale vs List
19 Avg Days on Market
data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.
19 New Listings
of
$67 Median S
Median Sale vs List Avg Days o Sold
Condo & Townh
1.9 Months
Inventory
102.9%
COND
lverCity
JULY 2022 - JULY 2023
LISTINGS FOR SALE SOLD LISTINGS
mily Homes onths, year-over-year.
Townhomes onths, year-over-year
Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 7m last July 2022, to $1 4m as of July 2023
Condos & Townhomes
The median sales price has decreased from $715k last July 2022, to $675k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 13 days last July 2022, to 19 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 35 days in July 2022, to 21 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 101 8% last July 2022, to 101 7% a year later
Condos & Townhomes
The overbid percentage has increased from 101.3% last July 2022, to 102.9% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 75 50 25 0 10180% 10130% Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Sherman Oaks
What's in the Sherman Oaks data?
There were 156 single-family homes for sale, providing 2.9 months of inventory. There were 56 new listings and 32 homes were sold at a median price of $1.7m. The median overbid percentage was 99 3%, averaging 25 days on the market
There were 51 condo and townhome units for sale, providing 1.2 months of inventory. There were 17 new listings and 14 units sold at a median price of $732k. The median overbid percentage was 102.2%, with an average of 25 days on the market.
SFH Single-Family Homes
56 New Listings
32 Sold Listings
2.9 Months of Inventory
$1.7M Median Sale Price
99.3% 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 July 2022 to July 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
Condo & Townhomes
17 New Listings
14 Sold Listings
1.2 Months of Inventory
$732K Median Sale Price
102.2% Median Sale vs List
25 Avg Days on Market
JULY 2022 - JULY 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 00 00 00 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 25 00 75 50 25 0 ShermanOaks
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $1 9m last July 2022, to $1 7m as of July 2023
Condos & Townhomes
The median sales price has increased from $679k last July 2022, to $732k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market has remained at 25 days since July 2022
Condos & Townhomes
The average time spent on the market went up from 17 days in July 2022, to 25 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 100 8% last July 2022, to 99 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.4% last July 2022, to 102.2% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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StudioCity
What's in the Studio City da
There were 131 single-family homes for sa providing 3.4 months of inventory. There w new listings and 22 homes sold at a media of $2.1m. The median overbid percentage 95.9%, averaging 42 days on the market.
There were 32 condo and townhome units sale, providing 2 months of inventory. The 15 new listings and 9 units sold at a media price of $787k. The median overbid percen was 103.1%, averaging 11 days on the ma
SFH Single-Family Homes
41 New Listings
22 Sold Listings
3.4 Months of Inventory
$2.1M Median Sale Price
95.9% 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 July 2022 to July 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.
15 New Listings 2 Months of Inventory $787 Median Sale 103.1% Median Sale vs List 1 Avg Days on M Sold Li CONDO Condo & Townhom
JULY 2022 - JULY 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 200 150 100 50 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 75 50 25 0
StudioCity
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 196 last July 2022, to $2 190 as of July 2023
Condos & Townhomes
The median sales price has decreased from $825k last July 2022, to $787k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 20 days last July 2022, to 42 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 22 days in July 2022, to 11 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 103 7% last July 2022, to 95 9% a year later
Condos & Townhomes
The overbid percentage has increased from 97.6% last July 2022, to 103.1% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Westlake Village
What's in the Westlake Village data?
There were 109 single-family homes for sale, providing 3.3 months of inventory. There were 32 new listings and 18 homes sold at a median sale price of $2m. The median overbid percentage was 95 5%, averaging 44 days on the market
There were 45 condo and townhome units for sale, providing 1.5 months of inventory. There were 13 new listings and 9 units sold at a median price of $775k. The median overbid percentage was 97.8%, with an average of 35 days on the market.
SFH Single-Family Homes
32 New Listings
18 Sold Listings
3.3 Months of Inventory
$2M Median Sale Price
95.5% Median Sale vs List
44 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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
JULY 2022 - JULY 2023
LISTINGS FOR
SALE
SOLD LISTINGS
amily Homes months, year-over-year.
& Townhomes months, year-over-year
2 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023
Median SalesPrice
Single-Family Homes
The median sales price has increased from $1 6m last July 2022, to $2m as of July 2023
Condos & Townhomes
The median sales price has decreased from $900k last July 2022, to $775k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 22 days last July 2022, to 44 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 36 days in July 2022, to 35 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 98 1% last July 2022, to 95 5% a year later
Condos & Townhomes
The overbid percentage has increased from 97.3% last July 2022, to 97.8% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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P D
dat
Wh
Ther prov listin of $2 83 5 Ther sale, 12 n price was
mily
Homes
3 Sold Listings
ory
% ist
$2.4M Median Sale Price
36 Avg Days on Market
Broker Metrics, includes all single-family homes, condos and California Area from July 2022 to July 2023. This may include vary from the time the data was gathered. All data is deemed eed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.
Mont 100 Media
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $2 3m last July 2022, to $2 4m as of July 2023
Condos & Townhomes
The median sales price has decreased from $830k last July 2022, to $750k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 0 days last July 2022, to 36 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 14 days in July 2022, to 20 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has decreased from 97 5% last July 2022, to 83 5% a year later
Condos & Townhomes
The overbid percentage has decreased from 103.4% last July 2022, to 100.6% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 250 200 150 100 50 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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N
Months of 101. Median S
LISTINGS FOR SALE SOLD LISTINGS
Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 ear. y year
Median SalesPrice
Single-Family Homes
The median sales price has increased from $2 2m last July 2022, to $2 6m as of July 2023
Condos & Townhomes
The median sales price has decreased from $1.6m last July 2022, to $669k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has increased from 98 5% last July 2022, to 102 4% a year later
Condos & Townhomes
The overbid percentage has increased from 96.5% last July 2022, to 101.5% a year later.
Single-Family Homes
The average time spent on the market went down from 33 days last July 2022, to 14 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 19 days in July 2022, to 34 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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West Hollywood
What's in the West Hollywood data?
There were 44 single-family homes for sale, providing 13 months of inventory. There were 9 new listings and 3 homes sold at a median sale price of $3.5m. The median overbid percentage was 94 7%, averaging 26 days on the market
There were 175 condo and townhome units for sale, providing 6.3 months of inventory. There were 51 new listings and 20 units sold at a median sale price of $866k. The median overbid percentage was 97.2%, with an average of 44 days on the market.
SFH Single-Family Homes
9 New Listings
3 Sold Listings
13 Months of Inventory
$3.5M Median Sale Price
94.7% Median Sale vs List
26 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.
New Listings
Months of Inventory
Median Sale Price 97.2% Median Sale vs List 44 Avg Days on Market
Sold Listings
Condo & Townhomes
51
6.3
$866K
20
CONDO
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 75 50 25 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 250 200 150 100 50 0 WestHollywood
2022 - JULY 2023
JULY
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $2 2m last July 2022, to $3 5m as of July 2023
Condos & Townhomes
The median sales price has decreased from $1m last July 2022, to $866k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 62 days last July 2022, to 26 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 33 days in July 2022, to 44 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has increased from 89 8% last July 2022, to 94 7% a year later
Condos & Townhomes
The overbid percentage has decreased from 98.4% last July 2022, to 97.2% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 150 100 50 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Beverly Hills
What's in the Beverly Hills data?
There were 238 single-family homes for sale, providing 16.1 months of inventory. There were 41 new listings and 15 homes sold at a median sale price of $8m. The median overbid percentage was 90 8%, averaging 73 days on the market
There were 55 condo and townhome units for sale, providing 4.6 months of inventory. There were 15 new listings and 55 units sold at a median sale price of $1.8m. The median overbid percentage was 94.6%, averaging 66 days on the market.
SFH Single-Family Homes
41 New Listings
15 Sold Listings
16.1 Months of Inventory
$8.6M Median Sale Price
90.8% Median Sale vs List
73 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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
Condo & Townhomes
15 New Listings
55 Sold Listings
4.6 Months of Inventory
$1.8M Median Sale Price
94.6% Median Sale vs List
66 Avg Days on Market
JULY 2022 - JULY 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 400 300 200 100 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 80 60 40 20 0 BeverlyHills
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $4 4m last July 2022, to $8 6m as of July 2023
Condos & Townhomes
The median sales price has increased from $1m last July 2022, to $1.8m as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 42 days last July 2022, to 73 days as of July 2023
Condos & Townhomes
The average time spent on the market went down from 68 days in July 2022, to 66 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has increased from 87 9% last July 2022, to 90 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 98.4% last July 2022, to 94.6% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $10,000,000 $7,500,000 $5,000,000 $2,500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100% 75% 50% 25% 0%
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Riversid County
What's in the River data?
There were 7,569 single-fami providing 2.4 months of inven
2,172 new listings and 1,691 median sale price of $599k. T percentage was 98 3%, avera market.
There were 1,415 condo and sale, providing 2.7 months of were 324 new listings and 27 median sale price of $450k. T percentage was 96.3%, avera market
$599K Median Sale Price 1,691 Sold Listings Homes includes all single-family homes, condos and July 2022 to July 2023. This may include 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. 36 Avg Days on Market
324 New Listings
Months of Inventory $450K Median Sale Price 96.3% Median Sale vs List 43 Avg Days on Market 277 Sold Listings
Condo & Townhomes
2.7
CONDO
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 15000 10000 5000 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 2500 2000 1500 1000 500 0 RiversideCounty JULY 2022 - JULY 2023
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $587k last July 2022, to $599k as of July 2023
Condos & Townhomes
The median sales price has increased from $435k last July 2022, to $450k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went up from 30 days last July 2022, to 36 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 30 days in July 2022, to 43 days as of July 2023
Overbids
Single-Family Homes
The overbid percentage has increased from 98 1% last July 2022, to 98 3% a year later
Condos & Townhomes
The overbid percentage has decreased from 99.2% last July 2022, to 96.3% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100% 75% 50% 25% 0%
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Encino
What's in the Encino data?
There were 175 single-family homes for sale providing 5.6 months of inventory. There we new listings and 24 homes sold at a median of $1.8m. The median overbid percentage w 93.2%, averaging 31 days on the market.
There were 55 condo and townhome units fo sale, providing 3.6 months of inventory. Ther were 28 new listings and 7 units sold at a me price of $695k. The median overbid percenta was 98.2%, with an average of 38 days on th market.
He-Family Homes
ngs
6 f Inventory
24 Sold Listings
$1.8M Median Sale Price
.2% ale vs List
31 Avg Days on Market
sourced from Broker Metrics, includes all single-family homes, condos and the California Area from July 2022 to July 2023. This may include data, and may vary from the time the data was gathered. All data is deemed not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2023. Each office is independently owned and operated.
CONDO
Condo & Townhomes
28 New Listings
7 Sold Listings
3.6 Months of Inventory
$695K Median Sale Price
98.2% Median Sale vs List
38 Avg Days on Market
JULY 2022 - JULY 2023
Single-Family Homes
Last 12 months, year-over-year.
Condos & Townhomes
Last 12 months, year-over-year
Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 50 00 50 00 50 0 Jul2022 Aug2022 Sep2022 Oct2022 Nov2022 Dec2022 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 25 00 75 50 25 0 Encino
LISTINGS FOR SALE SOLD LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $2 2m last July 2022, to $1 8m as of July 2023
Condos & Townhomes
The median sales price has increased from $470k last July 2022, to $695k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 99% last July 2022, to 93 2% a year later
Condos & Townhomes
The overbid percentage has decreased from 98.4% last July 2022, to 98.2% a year later.
Single-Family Homes
The average time spent on the market went up from 19 days last July 2022, to 31 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 19 days in July 2022, to 38 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 60 40 20 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100% 75% 50% 25% 0%
AVGDays OntheMarket
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SanDiego County
What's in the San Diego County data?
There were 5,098 single-family homes for sale, providing 2.2 months of inventory. There were 1,574 new listings and 1,371 homes sold at a median price of $985k. The median overbid percentage was 99 5%, with an average of 20 days on the market.
There were 2,123 condo and townhome units for sale, providing 1.7 months of inventory. There were 797 new listings and 653 units sold at a median price of $635k. The median overbid percentage was 100%, with an average of 18 days on the market
SFH Single-Family Homes
1,574 New Listings
1,371 Sold Listings
2.2 Months of Inventory
$985K Median Sale Price
99.5% Median Sale vs List
20 Avg Days on Market
The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from July 2022 to July 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.
797 New Listings
1.7 Months of Inventory
100% Median Sale vs List
C Condo
22 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 22 Jan2023 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 goCounty -year. y -year
LISTINGS
LISTINGS FOR SALE SOLD
Median SalesPrice
Single-Family Homes
The median sales price has increased from $945k last July 2022, to $985k as of July 2023
Condos & Townhomes
The median sales price has increased from $620k last July 2022, to $635k as of July 2023.
AVGDays OntheMarket
Single-Family Homes
The average time spent on the market went down from 23 days last July 2022, to 20 days as of July 2023
Condos & Townhomes
The average time spent on the market has remained at 18 days since July 2022
Overbids
Single-Family Homes
The overbid percentage has increased from 97 4% last July 2022, to 99 5% a year later
Condos & Townhomes
The overbid percentage has increased from 99.2% last July 2022, to 100% a year later.
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
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Inglew
What's in the In
There were 76 single-fa providing 2.3 months o new listings and 16 hom price of $780k. The me was 96.8%, averaging 3
There were 41 condo a sale, providing 3.9 mon were 13 new listings an sale price of $470k. Th percentage was 97%, a market.
y Homes
16 Sold Listings
$780K Median Sale Price
35 Avg Days on Market
Metrics, includes all single-family homes, condos and Area from July 2022 to July 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.
Mo M
023 Jun2023 Jul2023 2023 Jun2023 Jul2023 y y S
Median SalesPrice
Single-Family Homes
The median sales price has decreased from $800k last July 2022, to $780k as of July 2023
Condos & Townhomes
The median sales price has decreased from $530k last July 2022, to $470k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has decreased from 100% last July 2022, to 96 8% a year later
Condos & Townhomes
The overbid percentage has decreased from 102.9% last July 2022, to 97% a year later.
Single-Family Homes
The average time spent on the market went up from 23 days last July 2022, to 35 days as of July 2023
Condos & Townhomes
The average time spent on the market went up from 29 days in July 2022, to 59 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,250,000 $1,000,000 $750,000 $500,000 $250,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 100 75 50 25 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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Orange County
What's in the Orange data?
There were 3,663 single-family ho providing 1.8 months of inventor 1,289 new listings and 1,116 hom median price of $1.2m. The med percentage was 99 3%, averaging market.
There were 1,713 condo and tow sale, providing 1.5 months of inv were 709 new listings and 595 un median price of $749k. The medi percentage was 100.3%, averagin market
116 stings
.2M Sale Price
s on Market
single-family homes, condos and July 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.
709 New Listings 1.5 Months of Inventory $749 Median Sale P 100.3% Median Sale vs List 2 Avg Days on Ma 59 Sold List CONDO Condo & Townhom
23 Apr2023 May2023 Jun2023 Jul2023 2023 Apr2023 May2023 Jun2023 Jul2023 unty y y LISTINGS
Median SalesPrice
Single-Family Homes
The median sales price has increased from $1 20m last July 2022, to $1 27m as of July 2023
Condos & Townhomes
The median sales price has increased from $700k last July 2022, to $749k as of July 2023.
Overbids
Single-Family Homes
The overbid percentage has increased from 98 3% last July 2022, to 99 3% a year later
Condos & Townhomes
The overbid percentage has increased from 99.7% last July 2022, to 100.3% a year later.
Single-Family Homes
The average time spent on the market has remained at 26 days since last July 2022
Condos & Townhomes
The average time spent on the market went down from 24 days in July 2022, to 21 days as of July 2023
Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023Jun2023 Jul2023 $1,500,000 $1,000,000 $500,000 $0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 50 40 30 20 10 0 Jul2022Aug2022Sep2022Oct2022Nov2022Dec2022 Jan2023Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023 125% 100% 75% 50% 25% 0%
AVGDays OntheMarket
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: 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States KellerWilliamsBrentwood 444 Washington Blvd Marina Del Rey, CA 90292, United States KellerWilliamsMarinaDelRey 845 Vía De La Paz, Pacific Palisades, CA 90272, United States KellerWilliamsPacificPalisades Tanya Starcevich REALTOR® I DRE #01864259 310.739.4216 www.canyoncoastalestates.com
