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RE/MAX Estate Properties Year in Review: Westside

Page 1

2023


WEST SIDE MARKET INTELLIGENCE REPORT

...BROUGHT TO YOU BY

RE/MAX ESTATE PROPERTIES

DRE # 01879720

WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.378.9494 | MARKETING@EPLAHOMES.COM

$4 BILLION

2022 DOLLAR VOLUME

500+

REAL ESTATE AGENTS

#1 SOUTH BAY

HELPING 3,800+ FAMILIES YEARLY

12 OFFICES

WE ARE THE COAST


2023 VERSUS LAST YEAR 469

119

179

$2,447,500

32.3

$1,079.00

38.17%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▼

-66%

▼

-27%

▼

-26%

▲

-15.6%

▼

34%

▲

0.0%

120%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$5,100,000

4,680,000 4000000

$2,900,000

$4,326,000 $2,900,000

$3,050,000

$2,850,000

$3,450,000 $2,420,000

$2,500,000

$2,485,125

$1,910,000

$2,450,000

$2,445,000

$2,100,000 $2,325,000

$2,225,000

$2,742,000

$1,900,000

2000000

$1,466,000

$1,430,800 1000000

$4,418,500

$3,830,000

January

February

March

April

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 46

50

2022

40

35

30

23 20

2023

24

23

22

24

21 17

16

20

19

17

19

15

12

10

15

21 17 13

11

12

12

10

3 0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 238

34

158

$1,567,500

20.3

$900.72

66.39%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-

-57%

▼

--

▲

-13%

▲

1.1%

▲

27%

▲

3.6%

102%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$2,030,000

$1,630,000 $1,775,000

$1,760,000

$1,912,150 $1,630,000

$1,650,000 $1,800,000 $1,660,000

$1,475,000

$1,340,000 $1,352,000

1,330,000 $1,160,000

$1,520,000

$1,480,000

$1,500,000

$1,765,000 $1,500,000

$1,793,750 $1,582,250

November

December

$1,422,500

$1,325,000 $1,100,000

January

February

March

April

May

June

July

August

September

October

TOTAL INVENTORY - YEARLY TREND 40

2022

2023

31 30

24 17

20

15 12

18

17

19

17

17

15

14

13

15 11

9

12

17

15 12

12

11

10

10

10

8

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 530

72

295

$2,246,000

17.3

$951.33

55.66%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-54%

▼

3500%

▼

-22%

▲

-0.4%

▲

28%

▲

6.7%

69%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $3,895,500

$3,250,000 $2,790,000

$3,125,000 3000000

$2,240,000

$2,070,000

$2,929,675 $2,430,000

$2,774,000 $2,270,000

$2,070,000

$2,480,000 $2,300,000

$2,102,500 $1,640,000

$2,192,000

January

February

March

April

May

$1,931,490

$1,630,000

$1,570,000 $1,526,000

1,455,000

$2,405,000 $2,335,000

$1,470,000 June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 74

80

2022

2023

57

60

46

50

48

40

29

20

28 16

28

25

24

23

19

26

22

30

26

23

30 21

19

18

22

24

21

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 91

9

60

$2,747,500

18.0

$1,077.08

65.93%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▼

-33%

▼

-72%

▼

-9%

▲

-11.9%

▲

50%

▲

1.7%

36%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $5,210,000

5000000

$3,750,000 4000000

$4,997,500

$4,000,000

$3,750,000

$4,135,000

$3,430,000

$3,210,000

$3,030,000

3000000

$2,962,500

$2,700,000

$2,795,000

$2,800,000 $2,380,000

$2,655,000

$2,370,000 $2,000,000

2,315,500

January

February

March

April

$1,930,000

$1,920,000 $1,975,000

May

June

$3,235,000

$2,940,000

July

August

September

October

$2,330,000

November

December

TOTAL INVENTORY - YEARLY TREND 14

15

2022

2023 11

10

8

8 7

8

7

8

7 6 5

5

5

5

4

5

3

3

3

3

4

3

4

4 3

2

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 85

15

69

$1,147,750

27.8

$704.56

81.18%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-

-66%

▼

--

▼

-20%

▲

-3.6%

▲

113%

▲

0.1%

136%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$1,630,000 $1,699,000

$1,470,000

1,647,450 $1,500,000

$1,367,500

$1,180,000

$1,100,000

$1,100,000

$1,236,000 $1,241,492

$1,220,500

$1,075,000

$1,075,000

$943,000

$875,000

1000000

$1,050,000

$870,000

$983,935

$897,500

900000 800000

700000

$1,350,000

$1,290,000

$1,200,000

$742,000 January

February

March

April

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 20

2022

2023

16 15

12

12 10

10

8 6

6

5

5

8

7

5

10

8

7

6

5

4

5

8 6

5

5

2

2

3

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 355

40

309

$1,223,766

14.5

$801.80

87.04%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-56%

▼

8%

▲

-26%

▲

8.8%

▲

12%

▲

6.3%

69%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$1,520,000 $1,330,000 $1,250,000 $1,362,500

$1,305,000

$1,150,000 $1,247,500

$1,200,032

$1,100,000 $1,180,000 $1,060,000

$950,000

$900,000

January

$1,485,000

$1,240,000

$1,135,000

$1,065,000 $899,000 900000

$1,490,000

$1,446,500

$1,240,000

$822,000

$822,000

February

March

$855,000

April

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 57

60

2022 44

41

39

39

2023 43

40

39

40

33

31

20

28 18

28

28

21

30

26

23

27

29

29 24

22

25

18

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 256

63

154

$1,028,750

22.0

$705.54

60.16%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-71%

▼

600%

▲

-25%

–

3.2%

▲

0%

▲

2.8%

161%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$1,470,000 $1,300,000

$1,180,000

$1,270,000

$1,150,000 $1,185,000

$1,147,500 $994,000

1,037,500

$1,030,000

$1,000,000

$994,000

$991,000 $1,020,000

$982,000

$804,000

800000

January

February

$920,000

$875,000

$910,000

$885,000

900000

$1,150,000 $1,065,000

$797,000 March

April

May

June

July

August

September

October

November

$777,000 December

TOTAL INVENTORY - YEARLY TREND 40

35

2022

2023

27

30

22

20

22 17

20

12 10

23

22 18 15

15

13

12

10

15 11

15 9

11

14 9

11

10

6

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 170

59

283

$697,250

23.5

$542.36

166.47%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▼

-82%

▼

-17%

▼

-10%

▲

-4.5%

▲

57%

▲

0.3%

391%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $875,000

$756,000

800000

$780,000

$757,000

$756,000

$700,000

$737,500

January

February

March

April

$695,000 $700,000

$694,500 $635,000

$620,000

$615,000

$735,000

$710,000

$735,000

$710,000

$690,000

700000

$752,000

$725,000

$708,000

May

June

July

August

$716,000

$598,637

$626,825

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 60

53

2022

2023

41 40

37

34

33 25

22

22

22

32

31

28

26

24

28

20

27 20

19

24 19

15

20

16

18

15

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 92

14

119

$867,500

21.8

$622.32

129.35%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-

-75%

–

--

▼

0%

▲

-11.6%

▼

36%

▲

-0.7%

299%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $1,198,920 $1,010,000

$983,000

$1,040,000

$980,000

$973,000

$845,000

$1,125,000

$1,089,000 $972,000

$938,000 $920,000

$885,000

900000

$825,000

$1,110,000

$1,040,000

$1,010,000

$850,000

$913,500 $940,000

$850,000

$850,000

$850,000

800000

$725,000 February

January

March

April

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 25

2022

21

2023

20

15

16

15

9

10

10

10 8

15

14

13

15

10

9

10

9

14

9

9

7

7

5

7

5

6

6

5

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 441

61

285

$1,362,500

19.0

$829.28

64.63%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-62%

▼

3%

▲

-19%

▲

5.1%

▼

46%

▲

-0.5%

112%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $1,470,000 $1,410,000

$1,472,500

$1,447,500

$1,350,000

$1,395,000 $1,280,000

$1,404,500 $1,320,000

$1,320,000 $1,349,999

$1,385,000

$1,318,000

$1,270,000

$1,375,000

$1,300,000

$1,325,000 $1,200,000

1,237,500

January

$1,160,000

$1,160,000

February

March

April

May

June

July

August

$1,292,500

$1,233,800

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 55

60

2022 42

40

2023

39

40

26

26

24

31

29

26

31

28

26

20

23

29

28

21

27

25 21

23 18

17

20

15

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 510

61

250

$3,240,000

19.8

$1,248.03

49.02%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-49%

▼

3%

▼

-10%

▲

-22.6%

▼

4%

▲

-1.4%

76%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $5,902,500 $4,430,000

6000000

$5,060,000

$5,750,000 $4,430,000

$4,730,000

$4,450,000

$4,440,000

5000000

4000000

$3,940,000

$3,800,000 $3,792,500

$3,100,000

$3,225,000

$3,010,000

3000000

2,792,500

$3,625,000 $2,900,000

$4,469,500 $3,255,000

$3,145,000

$2,150,000

$2,042,500 January

February

March

April

$3,577,500

$3,250,000

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 50

2022

43

2023

40

33

30

32

31

28

30

27

25

21 16 8

16

26

22

20

20

10

27

24 19

19

20

21

18

20

14

10

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 300

35

240

$1,763,750

14.0

$1,016.58

80.00%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-56%

▼

218%

▲

-22%

▲

4.4%

▼

17%

▲

-0.4%

75%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $1,960,000 $1,880,000

$1,944,844 $1,800,000

$1,800,000

$2,073,750 $1,910,000

$1,975,000

$1,945,000

$1,640,000 1,718,500

$1,590,000

$1,627,500

February

March

April

May

$1,870,000 $1,687,500

$1,700,000

$1,635,000 $1,480,000

$1,400,000

$1,465,000 January

$1,690,000

$1,772,500

$1,660,000

$1,755,000

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 46

50

2022

40

35

33

30 30

20

26

24

21 16

29

24

21

2023

30

29

24

23

18

16

18

23 16

19

18

22

19

15

10

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 135

20

128

$879,250

14.8

$721.52

94.81%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-62%

▼

54%

▲

-22%

▲

12.8%

▼

13%

▲

-1.6%

102%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $1,235,000 $1,060,000 $1,050,000

$950,000 $886,000

$953,500 $882,500

900000

$763,000 $832,500 800000

January

$705,000

$803,500 $705,000

February

March

$772,500

$770,000

$1,000,000

$830,000

$813,000 $876,000

$789,000

$820,000

$725,000

$685,000 April

May

June

July

August

September

$913,000

$750,000

October

November

December

TOTAL INVENTORY - YEARLY TREND 27

30

2022

20

21

20

2023 21 18

20

17 14

12 10

10

10

10

12

11

11

10

11 9

8

10

7

6

7

10 8

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 107

14

95

$1,325,000

15.8

$918.63

88.79%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-50%

▼

27%

▲

-32%

▲

1.5%

▲

31%

▲

8.1%

37%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$2,100,000 $1,750,000 $1,600,000

$1,733,250

$1,705,000 $1,370,000

$1,520,000

$1,340,000

$1,240,000 $1,350,000

$1,300,000 1,160,000

$1,020,000

$1,020,000

February

March

$1,500,000 $1,270,000

$1,212,500

$1,195,250

$1,350,000 $1,375,500 $1,140,000

$1,297,500

$1,225,000

$1,094,000

1000000

January

April

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 25

2022

21

2023

20

16 15

14

13

10

14

13

12

12

11

12 10

10

10

7

7

5

5

8

9

8

9

8

9

8

5

5

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 790

114

475

$1,753,750

20.3

$1,129.89

60.13%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▼

-68%

▼

-7%

▲

-21%

▲

5.0%

▲

31%

▲

1.3%

146%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $2,060,000

$1,930,000 $1,740,000

$2,044,450

$1,740,000

$1,750,000

$1,710,000

$1,680,000 $1,757,500

$1,750,000

$1,620,000

$1,480,000

February

March

April

$1,825,000 $1,660,000

$1,783,000 $1,570,000

$1,540,000

$1,606,000

$1,480,000 $1,497,000

$1,453,500

1,420,000 January

$2,041,300

$1,900,000

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 100

88

2022

75

68

63 50

46

50

60 53

50

46

2023

56

53

42

39 25

52 44

38

45

40

45

39 32

33

November

December

31

24

25

0

January

February

March

April

May

June

July

August

September

October

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 402

73

171

$2,450,000

29.3

$1,163.69

42.54%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-59%

▼

4%

▲

-36%

▲

12.6%

▼

43%

▲

-2.3%

54%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $2,971,763 $2,780,000

$2,460,000

$1,920,000 $2,000,000

$2,320,000 $2,400,000

$2,300,000

$2,290,000 $2,263,625

$2,737,500 $2,460,000

$2,610,000 $2,200,000

$2,205,000

$1,920,000

$2,500,000

$2,582,906 $2,350,000 $2,150,000

$1,960,000

$1,960,000 $1,640,000

1,720,000 January

February

March

April

May

June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 46

50

2022

40

35

30

20

25

32

25

22

20

18

22

21

17

16

15

2023

20

15

12

11

9

19 14

12

18

17 12

11

November

December

10

0

January

February

March

April

May

June

July

August

September

October

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 84

13

73

$1,231,250

40.0

$650.04

86.90%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

-

-67%

▼

--

▼

-1%

▲

-8.6%

▲

176%

▲

5.3%

199%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $1,650,000

$1,630,000

$1,680,000

$1,560,000

$1,450,000

$1,450,000 $1,550,000 $1,300,000

January

February

$1,230,000 $1,140,000 $1,212,500

$1,150,000

$1,110,000

$1,100,000

1,086,000

$1,339,500

$1,300,000

$1,250,000

$1,355,000

$1,340,000

$1,413,500

$1,300,000

March

April

May

$1,201,235

$1,040,000 June

July

August

September

October

November

December

TOTAL INVENTORY - YEARLY TREND 20

2022

2023

16 15

12

11

10

9

10

7

7

5

3

9

8

6

6 4

3

6

4

3

7

6

5 3

5

4

5

4

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 707

116

371

$1,257,500

28.0

$890.83

52.48%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-60%

▼

32%

▲

-21%

▲

16.4%

▲

75%

▲

1.2%

98%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

1,875,000 $1,480,000 $1,350,000

$1,320,000

$1,260,000 $1,214,500 $1,050,000

$1,265,000 $1,050,000

$1,220,000

$1,299,000

$1,250,000

$1,110,000 $1,142,500

$985,000

$995,000

$1,054,000

$1,367,500

$1,350,000

$1,307,500 $1,165,000

$1,025,000 $929,000

1000000 900000

January

February

March

April

May

June

July

August

September

October

$999,000

November

December

TOTAL INVENTORY - YEARLY TREND 73

80

2022 56

60

49

51

48

46

38 40

2023

32

40

36 31

31

27

26

36

39

37

38 33

30 25

21

27

23

19

20

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 214

27

182

$1,147,000

14.3

$784.31

85.05%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-53%

▼

2600%

▼

-24%

▲

-2.4%

▲

2%

▲

2.5%

61%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$1,370,000 $1,290,000

$1,200,000

$1,230,000

$1,275,000

$1,150,000

$1,080,000

1,154,000

$1,237,500

$1,080,000

$1,017,000 $962,500

$1,233,000

$1,210,000 $1,140,000

$1,050,000

$964,500

$1,360,000

$1,240,000 $1,256,500

$1,020,000

$1,000,000 $865,000

$923,000

900000

January

February

March

April

May

June

July

August

September

October

November

December

13

13

TOTAL INVENTORY - YEARLY TREND 50

2022

40

2023

40

30

31

29

27 20

26

24

22

20 13

16

18

14

12

10

9

23

20

18

20

13

12

12

6

10

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 270

30

289

$1,482,500

15.0

$885.07

107.04%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-58%

▲

329%

▼

2%

▲

-0.8%

▼

20%

▲

-5.0%

143%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023 $1,800,000

$1,780,000

$1,750,000 $1,753,000

$1,490,000

$1,570,000

$1,614,000

$1,490,000

$1,700,000 $1,550,000

$1,465,000

$1,437,500

1,350,000 $1,240,000 February

March

$1,579,375 $1,440,000

$1,550,000

$1,435,000 $1,375,000

$1,345,000

January

$1,500,000

$1,480,000

$1,500,000

April

May

June

July

August

September

$1,275,500

October

November

December

TOTAL INVENTORY - YEARLY TREND 60

2022

51

2023

39 40

30 23 20

22

29

29

31

30

29

24

23

22 18

18

26

25

21

21

21

24 19

18

18

November

December

13

0

January

February

March

April

May

June

July

August

September

October

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


2023 VERSUS LAST YEAR 966

148

538

$1,328,500

18.5

$790.87

55.69%

TOTAL INVENTORY

ACTIVE INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKE

MEDIAN PRICE PER SQFT

SALES RATIO

▼

▲

-61%

▼

4833%

▲

-23%

▼

3.4%

▲

-8%

▲

2.4%

98%

MEDIAN SALES PRICE - YEARLY TREND 2022

2023

$1,670,000 $1,490,000

$1,490,000

$1,595,000 $1,350,000

1,250,000

$1,399,500

$1,280,000 $1,354,500

$1,325,000

$1,300,000

$1,200,000

February

March

April

May

$1,290,000 $1,332,000

$1,310,000 $1,325,000

$1,120,000

$1,165,000

$1,040,000 January

$1,605,000

$1,542,500

June

$1,090,000

July

August

September

$1,125,000

$1,190,000

October

November

December

TOTAL INVENTORY - YEARLY TREND 125

2022

101

2023

100

78

78

76

73

67

75

64

56

59

55 41

50

31

56

46

60 52

51

47 28

27

34

41

41

45 33

25

0

January

February

March

April

May

June

July

August

September

October

November

December

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Santa Monica, Inglewood Areas: C01, C05, C06, C08, C09, C10, C11, C12, C13, C15, C20, C28, C29, C31, C39, WLA Map Area: Crenshaw District, Leimert Park, View Park Data Pull Date: 01.01.24


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