Lee Knickerbocker Market Intelligence Report South Bay

Page 1

OCTOBER 2023 LEE KNICKERBOCKER Lifelong Palos Verdes/South Bay Resident Born and raised in Ridgecrest neighborhood 310.920.7399 Leeknickrealestate@gmail.com LeeKnickerbocker.com DRE# 00957301
RE/MAX ESTATE $4 BILLION 2022 DOLLAR VOLUME 500+ REAL ESTATE AGENTS #1 SOUTH BAY HELPING 3,800+ FAMILIES YEARLY 12 OFFICES WE ARE THE COAST DRE # 01879720 WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.378.9494 | MARKETING@EPLAHOMES.COM PROPERTIES MARKET INTELLIGENCE REPORT SOUTH BAY ...BROUGHT TO YOU BY DRE# 00957301 310.920.7399 | Leeknickrealestate@gmail.com | LeeKnickerbocker.com
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $678,000 $699,000 $692,000 $690,000 $699,000 $689,500 $725,000 $712,000 $739,000 $730,000 $760,000 $733,250 $717,500 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES PRICE - 13 MONTH TREND 40 APSHOT 34 35 30 34 26 22 29 26 34 28 31 30 26 78 87 81 98 99 83 81 73 77 92 92 85 95 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 15 -6.25% ARKET $492.98 14.65% MEDIAN PRICE PER SQFT 27.37% -37.8% SALES RATIO $717,500 5.83% MEDIAN SALES PRICE 95 21.79% TOTAL INVENTORY 26 -23.53% TOTAL SOLD
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $1,140,000 $1,590,000 $980,000 $950,000 $3,130,000 $1,375,000 $1,130,000 $1,775,000 $977,870 $1,620,000$1,700,000$1,525,000 $1,065,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES
13 APSHOT 9 12 6 5 1 8 5 5 7 13 3 14 9 15 14 18 20 17 22 20 23 24 30 22 33 25 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 8 0% ARKET $655.74 -8.42% MEDIAN PRICE PER SQFT 36.00% -40% SALES RATIO $1,065,000 -6.58% MEDIAN SALES PRICE 25 66.67% TOTAL INVENTORY 9 0% TOTAL SOLD
PRICE - 13 MONTH TREND
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $743,000 $746,000 $695,000 $737,000 $649,000 $750,000 $690,000 $740,000 $690,125 $747,495 $816,203 $715,000 $744,716 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES PRICE - 13 MONTH TREND 30 APSHOT 21 32 31 33 13 15 39 23 23 36 22 29 27 69 68 58 90 80 80 90 80 69 88 72 75 69 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 25 31.58% ARKET $515.73 9.73% MEDIAN PRICE PER SQFT 39.13% 30.43% SALES RATIO $744,716 0.23% MEDIAN SALES PRICE 69 0% TOTAL INVENTORY 27 28.57% TOTAL SOLD
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $940,000 $928,000 $855,000 $860,050 $850,000 $851,500 $789,000 $785,000 $844,000 $860,000 $850,000 $860,000 $865,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES PRICE - 13 MONTH TREND 40 APSHOT 26 15 18 16 13 16 25 17 22 29 19 19 22 62 70 60 55 63 65 66 60 74 74 66 73 74 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 28 40% ARKET $657.79 -0.18% MEDIAN PRICE PER SQFT 29.73% -29.21% SALES RATIO $865,000 -7.98% MEDIAN SALES PRICE 74 19.35% TOTAL INVENTORY 22 -15.38% TOTAL SOLD

MEDI

SALES PRICE - 13 MONTH TREND

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $1,800,000$1,830,000$1,700,000 $2,050,000 $1,126,000 $1,350,000 $2,360,000 $2,099,000 $3,100,000 $2,380,000 $2,100,000 $2,450,000 $1,630,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
14 APSHOT 9 8 7 17 3 5 12 13 15 18 13 11 7 19 15 11 41 35 36 54 55 55 56 60 51 22 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD
MONTH TREND OCTOBER 2023 15 -60.53% ARKET $1,092.16 26.7% MEDIAN PRICE PER SQFT 31.82% -32.3% SALES RATIO $1,630,000 -9.44% MEDIAN SALES PRICE 22 15.79% TOTAL INVENTORY 7 -22.22% TOTAL SOLD
AN
- 13

- 13 MONTH TREND

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $1,800,000$1,830,000$1,700,000 $2,050,000 $1,126,000 $1,350,000 $2,360,000 $2,099,000 $3,100,000 $2,380,000 $2,100,000 $2,450,000 $2,095,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
30 APSHOT 9 8 7 17 3 5 12 13 15 18 13 11 20 19 15 11 41 35 36 54 55 55 56 60 51 54 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 42 10.53% ARKET $1,309.55 51.92% MEDIAN PRICE PER SQFT 37.04% -21.2% SALES RATIO $2,095,000 16.39% MEDIAN SALES PRICE 54 184.21% TOTAL INVENTORY 20 122.22% TOTAL SOLD
MEDI AN SALES PRICE
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $736,000 $645,000 $796,000 $889,500 $695,000 $747,500 $755,000 $830,000 $635,000 $675,000 $767,000 $667,150 $845,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES
MONTH TREND 13 APSHOT 8 7 9 4 6 6 9 9 3 7 9 6 5 30 18 22 22 21 17 18 19 14 18 19 16 23 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 19 -44.12% ARKET $493.86 7.59% MEDIAN PRICE PER SQFT 21.74% -19.48% SALES RATIO $845,000 14.81% MEDIAN SALES PRICE 23 -23.33% TOTAL INVENTORY 5 -37.5% TOTAL SOLD
PRICE - 13
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $795,000 $833,000 $830,000 $752,500 $810,000 $837,500 $907,500 $682,500 $875,000 $880,000 $870,000 $780,000 $794,500 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES
MONTH TREND 12 APSHOT 6 18 5 4 3 12 8 5 5 21 12 10 2 26 17 12 17 20 23 18 19 20 36 30 24 20 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 13.5 -59.09% ARKET $730.87 53.54% MEDIAN PRICE PER SQFT 10.00% -56.52% SALES RATIO $794,500 -0.06% MEDIAN SALES PRICE 20 -23.08% TOTAL INVENTORY 2 -66.67% TOTAL SOLD
PRICE - 13

MEDI AN SALES PRICE - 13 MONTH TREND

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $3,500,000 $3,000,000 $2,760,000 $2,175,000 $2,900,000 $3,045,000 $2,699,500 $3,400,000 $2,825,000$2,900,000 $2,530,000 $3,000,000 $2,482,500 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
69 APSHOT 19 25 22 18 11 7 20 25 25 28 19 35 28 79 80 65 57 64 64 82 95 91 94 93 105 111 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD -
MONTH TREND OCTOBER 2023 18.5 68.18% ARKET $1,386.22 3.6% MEDIAN PRICE PER SQFT 25.23% 5.11% SALES RATIO $2,482,500 -29.07% MEDIAN SALES PRICE 111 40.51% TOTAL INVENTORY 28 47.37% TOTAL SOLD
13

- 13 MONTH TREND

D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $1,430,000$1,460,000$1,480,000 $1,300,000$1,288,500$1,284,000 $1,200,000 $1,580,000 $1,399,000$1,404,860 $1,515,000 $1,365,000 $1,492,500 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23
87 APSHOT 50 50 43 33 20 33 43 41 57 52 51 63 40 107 102 91 100 102 105 123 123 140 135 155 163 145 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 15.5 3.33% ARKET $834.94 7.04% MEDIAN PRICE PER SQFT 27.59% -41.31% SALES RATIO $1,492,500 4.37% MEDIAN SALES PRICE 145 35.51% TOTAL INVENTORY 40 -20% TOTAL SOLD
MEDI AN SALES PRICE
D sc a mer If you home s cur ent y l s ed by another broker his s not intended as a sol c ta ion A l nforma ion provided s deemed re ab e bu s not guaran eed and should be independent y verified This data is based n whole or n pa on data supp ed by the Mu t ple L s ing Serv ce Ne ther RE/MAX Estate Propert es the Board nor i s MLS guarantee or s in any way espons b e o ts accuracy Data ma nta ned by the Boa d or ts MLS may not reflect al rea esta e act v t es in the marke P ease no e hat due to changes n how nven ory s counted there w l be a h ghe than normal d fference between 2023 data and 2022 data as re ated to inventory MLS Search parameters used Status Act ve Act ve Under Cont act C osed (set da es to whole mon h o pe iod pu l ng data for) P operty Sub Type S ng e Fam ly Residence Condom n um Townhouse Loft S udio Dup ex Ouadrup ex Tr plex C ty Harbor C ty Pa os Ve des Estates Rancho Pa os Verdes Ro l ng H l s San Pedro W m ngton Areas: 165, 172, 174, 175, 176 Data Pu l Date 10/1/2023 $960,000 $1,000,000 $930,000 $933,750 $1,046,500 $914,500 $975,000 $1,000,000 $942,000 $1,047,500 $945,000 $955,000 $944,000 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 MEDI AN SALES
TREND 86 APSHOT 83 75 61 70 46 52 79 71 77 86 85 101 89 163 171 142 187 163 162 192 185 200 210 188 206 208 9/22 10/22 11/22 12/22 1/23 2/23 3/23 4/23 5/23 6/23 7/23 8/23 9/23 Total Inventory Total Sold TOTAL INVENTORY/SOLD - 13 MONTH TREND OCTOBER 2023 8 -60% ARKET $665.66 -2.4% MEDIAN PRICE PER SQFT 42.79% -16.1% SALES RATIO $944,000 -1.67% MEDIAN SALES PRICE 208 27.61% TOTAL INVENTORY 89 7.23% TOTAL SOLD
PRICE - 13 MONTH
CONNECT WITH ME https://www.facebook.com/lee.knickerbocker.7 https://www.instagram.com/leeknickerbocker/ www.Leeknickerbocker.com LEE KNICKERBOCKER 310.920.7399 Leeknickrealestate@gmail.com DRE# 00957301 450 Silver Spur Rd Rancho Palos Verdes, CA 90275

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