WESTSIDE SUSAN MORROW
Market MarketIntelligence IntelligenceReport Report
2021 2021Year Yearin in Review Review
(310) 3 5 1 - 9 8 3 0 S e l l i n g H o u se s@ aol . c om R e a l E s t a t e I n So u t h B a y.c om DRE# 0 1 3 2 0 8 9 3 | ABR | CDPE | CPRE S | GRI | SRES
1 9 0 1 S C a t a lin a A v e n u e Redondo Beach, CA 90277
WESTSIDE MARKETS Beverly Hills
4
Palms/Mar Vista
26
Beverlywood
6
Playa Del Rey
28
Brentwood
8
Playa Vista
30
Cheviot Hills
10
Santa Monica
32
The Crenshaw District
12
Venice
34
Culver City
14
View Park-Windsor Hills
36
Hollywood
16
West Hollywood
38
Inglewood
18
West Los Angeles
40
Leimert Park
20
Westchester
42
Marina Del Rey
22
Westwood/Century City 44
Pacific Palisades
24
REAL ESTATE KEY TERMS MEDIAN PRICE: The price of the property that falls in the middle of the total number of properties sold in the given time period.
PRICE PER SQUARE FOOT: Measures the home’s sales price for an individual square foot.
PROPERTIES FOR SALE: The total number of available properties for sale.
DAYS ON MARKET (CLOSED SALES): The number of days a property is on the market prior to accepting an offer.
SALES RATIO: Defines market speed and determines whether the market currently favors buyers or sellers. A Buyer’s Market is a ratio from 0% to 14%; A Balanced market ratio is from 15 to 20%; A Seller’s Market ratio starts at 21% and up. If the sales ratio exceeds 100%, it means that the sales from previous month exceed current inventory.
The Westside Intelligence Report is published monthly based on the data available at the start of each month. All data presented is based on data supplied by CRMLS. Neither the Associations of REALTORS® nor their MLS’s guarantees or is in any way responsible for its accuracy. Information is deemed reliable, but not guaranteed. Copyright © 2022.
BEVERLY HILLS Welcome to the most iconic zip code in the United States, Beverly Hills, 90210. Beverly Hills is a celebration of uncompromising glamour and opulence; home to the most elite celebrities and business professionals, as well as luxury homes and services at every turn. Bordered by West Hollywood, Westwood, and Century City, residents are afforded privacy but are also in the heart of the action. Rejuvenate the senses with top tier dining and shopping, art galleries, walking tours and tastings, world-class spas, and more. Soak in more Los Angeles luxury with just a 15-minute drive to Santa Monica and 25 minutes to downtown Los Angeles.
ATTRACTIONS
RESTAURANTS Spago
•
Ocean Prime
•
Wally's Beverly Hills
•
Il Cielo
•
Il Pastaio
•
The Penthouse at Mastro's
•
Rodeo Drive
•
Beverly Hills Farmers Market •
•
Beverly Gardens Park
•
Several Art Galleries
•
Beverly Canon Gardens
•
Academy of Motion Picture
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
1,791
349
$3.31M
35
$1,139
21%
2020
1,038
186
$3.91M
50
$1,082
19%
PERCENT CHANGE
73%
+88%
-15%
-29%
+5%
+7%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price
$9,550,000
$5,515,000
$2,625,000
$2,825,000 $2,375,500
$6,155,000
$2,700,000
$3,875,000 $1,770,000
$3,925,000
16
22
January
19 19
18
February
March
14 April
$2,750,000
$3,300,000 $3,450,000
$2,857,875
$3,000,000
$1,401,000
43 26
$2,852,500
$3,405,113
33 7 May
33
32 12 June
16 July
33 15 August
19
25
September
$4,100,000
$2,469,000
$4,900,000
$2,800,000
$4,600,000 $3,510,000
39 16 October
15 19 November
19
25
December
BEVERLYWOOD Beverlywood is a private, suburban community nestled between Santa Monica Boulevard and the 10 freeway. This almost exclusively residential neighborhood offers residents a quiet respite from city living, yet still close to all the amenities of the Westside. Homes here are a mixture of classic styles and contemporary, most with upgraded features. Beverlywood is a golf course away from Century City, home of Fox Studios and a short 20 minute drive to downtown, allowing for an easy commute to work. The neighborhood is also close to several recreation areas, West Hollywood nightlife, and Santa Monica Pier.
ATTRACTIONS
RESTAURANTS
•
Hillcrest Country Club
•
Robertson Branch Library
•
Undergrind Cafe
•
Pizza Mark
•
Museum of Tolerance
•
Irving Schachter Park
•
The Empanada Factory
•
Campos Tacos
•
Circle Park
•
Reynier Park
•
Fred's Bakery & Deli
•
Edoughble Sweet Shop
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
628
260
$1.45M
21
$815
45%
2020
549
198
$1.53M
24
$814
36%
PERCENT CHANGE
+14%
+31%
-5%
-11%
+0%
+23%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price
$3,155,000
$1,750,000 $1,450,000 $1,300,000
$1,237,500
$1,536,000 $1,323,500
14 17
12 11
15 15
January
February
March
$1,672,500
$1,615,000
$1,160,000
$1,100,000
27 7 April
21 2 May
$1,300,000 30
$1,642,500 $1,546,967
$1,200,000 26 28
7 June
$1,348,000
July
15 17 August
$1,615,165 $1,350,000
$1,460,800
$1,630,000 $1,335,000
$1,450,000
$1,556,000
$1,005,000 29
21
September
23
29
October
22 18
26 26
November
December
BRENTWOOD Brentwood got it's start in the 19th century when it was originally part of a Mexican land grant and was later developed to host several Olympic games in 1932. Today, Brentwood is an affluent neighborhood with stunning gems such as the world-famous Getty art museum, and Brentwood Country Club. Homes in Brentwood have, Spanish and contemporary influences ranging in the million dollar homes to multi-million dollar estates. For outdoor enthusiasts, Brentwood is just steps to Santa Monica beach and Topanga State Park. Brentwood is convenient to the 405 and Santa Monica Boulevard.
ATTRACTIONS
RESTAURANTS
•
The Getty Museum
•
Westridge Trailhead
•
Divino
•
Taras Himalayan Cuisine
•
Brentwood Country Club
•
Sullivan Canyon Park
•
Sushi Miyagi
•
A Votre Sante
•
Brentwood Country Mart
•
Crestwood Hills Park
•
Casa De Campo
•
Farmshop
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
1,742
580
$2.01M
21
$854
35%
2020
1,343
411
$2.02M
31
$819
31%
PERCENT CHANGE
+30%
+41%
-1%
-32%
+4%
+14%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price $3,002,500
$2,605,000 $2,331,000
$2,135,000
$2,535,000 $2,225,000 $1,900,000
$1,850,000 $1,785,000
$1,615,000
$1,875,000
$1,685,000
$1,732,500
82 35
29 30
24
January
February
March
26
April
$2,000,000 $1,617,500
54 20 May
54
$1,666,379
40
49
56
40
$1,475,000
41
53
July
August
September
$2,200,000
$1,810,000
44 41
41 39
October
November
21 June
$2,460,000
$2,025,000
$1,290,000
47 21
$2,100,000
$2,522,500
48
56
December
CHEVIOT HILLS Cheviot Hills is a family-oriented community between the Santa Monica Freeway and Santa Monica Boulevard. Located just south of Fox Studios, Cheviot Hills offers quiet streets with easy access to major freeways and nightlife. Inside of the neighborhood's borders, there is a sizable recreation center with tennis, swimming, golf, and archery, Hillcrest Country Club, and Griffin Club. Santa Monica, Venice Beach, and Marina Peninsula are all a short drive away as are the city amenities for leisure and fine dining.
ATTRACTIONS •
•
Cheviot Hills Recreation Center Rancho Park 3 Par Golf
•
Hillcrest Country Club
•
Griffin Club Los Angeles
•
Triangle Park
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
172
81
$2.46M
21
$973
51%
2020
193
76
$2.53M
41
$914
40%
PERCENT CHANGE
-11%
+7%
-3%
-48%
+6%
+26%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price
$3,800,000 $3,325,000
$2,400,000
$2,650,000 $2,159,000
$2,520,000
$2,650,000
4
January
$2,235,888
3
7
February
7
8
7
9
$2,142,000
1 March
April
3
May
6
7
June
$2,419,000
$2,600,000
$2,500,000
$1,850,000
$1,660,000
7
$2,700,000
$2,198,000
$2,134,500
$3,100,000
7
7
July
$2,024,000
3
4
August
$3,007,000
$3,145,000
$2,775,000
$2,050,000 $1,755,000
9
7
September
11
7
October
9
9
November
9
6
December
THE CRENSHAW DISTRICT Established shortly after WWII, The Crenshaw District, or Crenshaw, is comfortably nestled between the shores of Marina Del Rey and Downtown Los Angeles, offering residents a short commute to work and play. The neighborhood is convenient to the 10 and 110 highways. On the western border, Kenneth Hahn State Recreation area offers hiking, disc golf, a playground and a tranquil Japanese garden. Crenshaw has many apartment homes and traditional single-family residences with some larger properties in the Baldwin Hills area.
ATTRACTIONS
RESTAURANTS Hotville Chicken
•
The Kickin' Crab
Baldwin Hills Crenshaw Mall •
Yordanos Ethiopian
•
Southern Girl Desserts
•
Village Cafe & Pizza
•
Post & Beam
•
Kenneth Hahn State Park
•
Jim Gilliam Park
•
Rancho Cienega Recreation Center
• •
Norman O. Houston Park
•
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
227
142
$1.02M
11
$655
71%
2020
250
110
$872K
16
$579
47%
PERCENT CHANGE
-9%
+29%
+17%
-29%
+13%
+51%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price $1,668,000
$1,112,500
$1,031,250 $752,500
$985,000
$825,000 $802,500
$650,000
2
7
January
8
9
February
March
$595,000
18
16 10
$1,060,000
7
April
$785,000 14
13 5 May
7
June
$980,000 $912,500
$820,000 $940,000
$1,300,000
$1,153,750
$865,000 17
12
July
$917,500
$835,000 14 13
August
$1,006,000
$887,500
10
$945,000
14 13 6
September
5 October
9
November
$904,000
11 12
December
CULVER CITY Entrenched in movie making history, Culver City boasts a thriving dining and nightlife scene with internationally inspired restaurants, gastropubs and cozy cocktail bars. Additional cultural amenities include sophisticated art galleries, playhouses, two recognized movie studios and the famous Culver Hotel. Culver City stretches along Venice Boulevard, nearly touching Marina Del Rey - meaning a quick ride to the ocean waves. Real estate offerings include a balanced mix of single-family homes and condos/townhomes, many with upgraded features. Culver City also features several outdoor recreation areas that provide great city views.
ATTRACTIONS
RESTAURANTS
•
Sony Pictures Studio
•
Baldwin Hills Overlook
•
Loqui
•
Meet in Paris
•
Culver City Park
•
Culver Hotel
•
Destroyer
•
Janga by Derrick's
•
The Culver Studios
•
Downtown Culver City
•
Pasta Sisters
•
Seasalt Fish Grill
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
881
583
$1.14M
13
$751
70%
2020
921
427
$993K
18
$683
49%
PERCENT CHANGE
-4%
+37%
+14%
-25%
+10%
+43%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price $1,330,000
$1,210,000 $1,050,000
$1,122,000
$1,160,000
$1,150,000
$871,500
55 29 34
30 35
January
February
24
March
55
51 24
April
20
May
$990,000 $1,070,000
$1,150,000
$870,000
June
$906,500
$834,000
$769,500
65
54 24
$1,325,000 $1,129,000
$1,020,000 $724,500
$1,017,500
$1,302,500
$1,270,000
$1,160,000
$1,121,750 $980,000
2021 Median Sales Price
36
July
43 46
August
47
39
September
57 52
October
42 46
November
51 51
December
HOLLYWOOD The symbol of the entertainment business and everything glitz and glamour — Hollywood is a world-famous destination for tourists and locals alike. Living in Hollywood offers a dreamlike setting - a veritable smorgasbord of attractions, amenities, and dining experiences. Walk to dinner, a movie, or shopping, it's all here. For a slightly quieter side of town, choose to live east of the 101 freeway. Hollywood is also close to family friendly activities such as the Los Angeles Zoo, Griffith Observatory, Fern Dell Nature Trail, and is equidistant between downtown Los Angeles and the San Fernando Valley.
ATTRACTIONS
RESTAURANTS
•
TCL Chinese Theatre
•
Hollywood Bowl
•
Musso & Frank Grill
•
Running Goose
•
Hollywood Walk of Fame
•
Dolby Theatre
•
L'Antica Pizzeria da Michele
•
The Magic Castle
•
Hollywood Pantages Theatre •
Paramount Pictures Studio
•
Beetle House LA
•
Gwen Butcher Shop
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
1153
319
$956,527
26
$648
28%
2020
730
238
$911,500
27
$640
35%
PERCENT CHANGE
+58%
+34%
+5%
-4%
+1%
-20%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
$1,155,000 $945,000
$910,000
$956,250 $846,400
$920,000 $785,000
30 27
January
24 21
February
$968,000
$969,750
$1,175,000
$1,126,250
$1,065,000 $924,500 $959,500
2021 Median Sales Price
$875,000
$870,000 $892,000
$875,000
$990,000
$880,000
$880,000
27
27 25
18 23
21 21
October
November
December
$823,675
$885,000
$740,000
22
39
34
March
16 April
34
26 10 May
4 June
16 19 July
30
23
August
20
September
INGLEWOOD Positioned in the heart of the Greater Los Angeles area, Inglewood is a gateway to commercial centers, beaches, and local and international travel. Located just east of the Los Angeles International Airport and 30 minutes to downtown Los Angeles, residents of Inglewood enjoy an easy commute and access to amenities and traveling. Avid fans of sports and entertainment can catch the latest games and concerts at the recently built SoFi Stadium (home of the Los Angeles Rams and Los Angeles Chargers) and The Forum concert venue. Inglewood also has a thriving arts scene with paintings and sculptures colorfully decorating buildings and parks across the city.
ATTRACTIONS
RESTAURANTS
•
SoFi Stadium
•
Edward J Vincent Park
•
The Serving Spoon
•
Maria's Ricos Tacos
•
The Forum
•
Darby Park
•
Stuff I Eat
•
Veronica's Kitchen
•
Hollywood Park Casino
•
Nella Skate Park
•
Dulan's Soul Food Kitchen
•
Rusty Pot Cafe
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
687
365
$663K
14
$501
55%
2020
814
311
$622K
16
$459
40%
PERCENT CHANGE
-16%
+17%
+7%
-8%
+9%
+37%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
$699,000 $575,000 $580,000
31
25
January
$619,000
$606,500 $578,975
32
$625,000
$635,000
$650,000 $589,000
$790,000 $675,000
$637,500 $625,000
April
30 27
28
26 17
March
$660,000
$722,500
2021 Median Sales Price
$622,701
$650,000
11
May
17
June
July
20
28
August
$675,000
$708,000 $683,500
$669,000 $575,000
39
31 31
20
February
$575,000
2020 Median Sales Price
29 27
September
38 37 26
October
33
November
41 32
December
LEIMERT PARK Leimert Park is a family-oriented community located along Western Avenue just south of The Santa Monica Freeway. Developed in the late 1920s, Leimart Park Village is home to lots of artistic amenities including cultural celebrations, the Leimert Park Art Walk, Vision Theatre, Eso Won Books, several art centers, and more. Homes in the area follow the Spanish Colonial Revival style, resting along quiet tree-lined streets. Professionals can find local opportunities at the nearby University of Southern California, Inglewood Oil Field, and Downtown Los Angeles.
ATTRACTIONS •
Leimert Park Plaza
•
Vision Theater
•
Kaos Network
RESTAURANTS •
Barbara Morrison Performing Arts Center
•
World Stage Performance Gallery
•
Ackee Bamboo
•
Kim's Restaurant
•
Earle's on Crenshaw
•
Hot and Cool Cafe
•
Swift Cafe
•
The District by GS
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
273
145
$949K
13
$784
56%
2020
366
127
$793K
22
$619
36%
PERCENT CHANGE
-25%
+14%
+20%
-43%
+27%
+56%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price $1,104,239
$910,000
$850,000 $805,000
$950,000
$815,000
$985,000
$997,500
$767,500
$770,000
$967,500 $915,000
$1,000,000
$940,500
$838,965
$752,965
$730,000
$627,500
11 12
17 9
3 January
$886,500
$922,750
$915,000
$642,000
9
$870,000
$942,500
February
March
15 6 April
7
12
May
13 14
16
15 16
11 5
June
July
7
August
September
17 10
October
12
9
November
13 13
December
MARINA DEL REY Living in Marina Del Rey is a nautical enthusiasts dream. Residents here can seize the day by both land and sea - cycling to nearby Venice Beach, paddle boarding to lunch, strolling alongside the shops or taking the boat out for whale watching, just to name a few of the many activities available. Available properties are within the neighborhoods' many condo/townhouse complexes. Most of the piers have their own yacht clubs, providing plenty of options for storing your boat and socializing with neighbors. Marina Del Rey is bordered by Venice, Culver City, and Playa Del Rey with convenient connections to the 405 freeway, Venice Boulevard, and Los Angeles International Airport.
ATTRACTIONS
RESTAURANTS •
•
Burton Chace Park
•
Firestone Walker Brewing
•
Tony P's Dockside Grill
•
Fisherman's Village
•
Marvin Braude Bike Path
•
Beachside Restaurant & Bar •
•
Marina's Beach
•
Several Yacht Clubs
•
SALT Restaurant & Bar
•
Mendocino Farms Whiskey Red's Restaurant The Warehouse Restaurant
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
1467
538
$1.21M
20
$771
38%
2020
989
334
$1.13M
22
$729
34%
PERCENT CHANGE
+48%
+61%
+7%
-12%
+6%
+14%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
$1,359,500 $1,226,510 $1,145,000
$1,125,000 $1,080,000
$1,228,000
$1,210,000
$1,107,500 $1,053,750
$1,241,000 $1,100,000
25
34 23
49
42 24
$1,130,000
$950,000 56
34
$1,179,125
21
50
44 20
$1,243,000
$1,057,500
44
2021 Median Sales Price
$1,219,500
$1,039,000 52
40
39
$1,275,700 $1,145,000
$1,340,000 $1,214,000 $1,200,000
$1,200,000
53 42
41 30
26
33
43
7 January
February
March
April
May
June
July
August
September
October
November
December
PACIFIC PALISADES Resting gently sloping bluffs and canyons with gorgeous beachfront property and views, Pacific Palisades is an affluent neighborhood filled with national treasures, strong schools and uncrowded streets. Pacific Palisades is one of the few areas with direct beach and mountain access, offering endless opportunities for outdoor activities and relaxation. It also boasts one of Los Angeles's lowest population density ratios for those seeking a more private and quiet space. Similar to other affluent nearby neighborhoods, homes here are a mix of midcentury and contemporary architecture and styles, with many offering larger lots and homes set behind high hedges.
ATTRACTIONS
RESTAURANTS
•
Will Rogers Beach
•
Bel-Air Bay Club
•
Cafe Vida
•
The Draycott
•
Riviera Country Club
•
Temescal Canyon Park
•
Modo Mio Cucina Rustica
•
Cinque Terra WEST Osteria
•
Potrero Canyon Park
•
Palisades Village
•
Matthew's Garden Cafe
•
Gracias Señor!
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
1,394
467
$3.38M
21
$1,107
35%
2020
1,019
326
$2.70M
27
$992
32%
PERCENT CHANGE
+37%
+43%
+25%
-22%
+12%
+8%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price $4,147,500
$3,650,000 $3,233,000
$2,900,000
$2,593,750 $2,677,925
$2,502,000 $1,730,000 39 13
22
January
21
February
$2,457,500
March
12 April
15 May
$2,950,000
$2,825,000 $2,343,000
47
43 22
June
$3,865,000
$3,367,000
$3,355,500
$2,575,000
45
$3,644,250
$3,562,500 $3,050,000
$2,912,500
52 26
$3,440,000
$3,279,300
$3,562,500
30
42
July
33
40
August
44 29
September
$2,330,000 41
29
October
26
38
November
43 41
December
PALMS/MAR VISTA Located just south of the Santa Monica Airport, the Palms and Mar Vista neighborhoods have a mixed urban and suburban feel with lots of restaurants, coffee shops, bars, and parks. Commuters are afforded easy access to the 10 and 405 freeways, with Venice Boulevard at the southern border of the area. Mar Vista and Palms are also just a short, few minute drive away from Venice, Santa Monica, and Marina Del Rey, making this a great spot for beach goers and water sport enthusiasts who enjoy a little extra quiet time. The blended mixture of homes and condos offered for sale include thoughtfully updated spaces suitable for families and professionals alike.
ATTRACTIONS
RESTAURANTS
•
Ocean View Farms
•
Exposition Corridor Path
•
Rustic Kitchen Market
•
Al's Hot Chicken
•
Mar Vista Rec Center
•
Venice Boulevard
•
Quiadaiyn Restaurant
•
Versailles Cuban Food
•
North Venice Little League
•
S Sepulveda Boulevard
•
Hokkaido Ramen Santouka
•
Benny's Tacos & Rotisserie
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
874
494
$1.63M
13
$917
60%
2020
871
360
$1.55M
13
$881
41%
PERCENT CHANGE
<+1%
+37%
+5%
-1%
+4%
+46%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
$1,847,500
$1,850,000
$1,664,000
$1,650,000 $1,550,000
$1,587,500
$1,709,750 $1,543,900 56
$1,332,000 37
28
20
18
January
February
20
March
$1,649,000
$1,596,500
$1,600,000
14 April
18
May
$1,615,000 $1,490,000 $1,447,500
46 31
$1,700,000
$1,637,500
$1,473,553
$1,462,500
2021 Median Sales Price
29
42
June
39 42
July
30
42
August
$1,587,000
$1,387,500 42 39
September
54
46
October
$1,565,000
41 46
November
$1,650,000 $1,600,000
35 39
December
PLAYA DEL REY Playa Del Rey is a beautiful beach town just north of the Los Angeles International Airport. Play Del Rey got its reputation for being a surfer's beach in the 1950's and there are still some great surfing spots today. The beach itself offers volleyball courts, a long paved bike path, a grass park, and basketball courts. For days not spent on the beach, take in the views or a tour of the Ballona Freshwater Marsh, one of the last remaining saltwater wetlands in Southern California. Playa Del Rey provides easy access to the Highway 1 and the 405 Freeway and borders Westchester and El Segundo, offering local opportunities in the education and aerospace industries.
ATTRACTIONS
RESTAURANTS
•
Playa Del Rey Beach
•
Otis College of Art & Design
•
Bacari PDR
•
Cantalini's Salerno Beach
•
McGurk Beach Jetty
•
Vista Del Mar Park
•
Playa Provisions
•
The Good Pizza
•
Del Rey Lagoon
•
Balboa Wetlands Reserve
•
Tandoor-A-India
•
Playa's Pita
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
586
275
$775K
18
$697
52%
2020
449
200
$786K
19
$666
47%
PERCENT CHANGE
+31%
+38%
-1%
-2%
+5%
+10%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
2021 Median Sales Price
$1,087,500 $941,500 $833,500 $739,000 $736,500
19
10
January
$745,000 $715,000
$735,000
24
18 16
15
February
March
$749,000 $677,000
16
$710,000
$785,000
35
27
24
April
$805,000
$840,000
$769,000
$779,500
$740,000
19 24
22 25
27 29
July
August
September
$815,000
8 May
9 June
$812,000
$850,000 $715,000
$725,750
$695,000
16 17
10 15
October
November
$734,000
21
29
December
PLAYA VISTA Playa Vista is where a tech hub, open space, recreation, entertainment, shopping, and dining all come together — all just a short walk away. With so much to see and do in Playa Vista, residents need not go far for a premium lifestyle experience. Companies like Google, Facebook, 72andSunny, IMAX, Electronic Arts, and more have taken residence here as have dozens of newly constructed condo and apartment homes. Additionally The CenterPointe Club and The Resort offer areas for social gatherings and relaxation. Exploring outside the area is also an easy trek as the closest beach is just 1.5 miles away and Santa Monica is a 2.7 mile drive.
ATTRACTIONS
RESTAURANTS
•
Ballona Creek
•
Central Park
•
SOL Mexican Cocina
•
Hopdoddy Burger Bar
•
The Sports Park
•
Concert Park
•
Urban Plates
•
Kanpai Japanese Sushi Bar
•
Bluff Creek Trail
•
Runway Shopping District
•
Hash
•
Tocaya - Playa Vista
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
430
260
$1.28M
17
$768
71%
2020
441
144
$1.26M
33
$746
34%
PERCENT CHANGE
-2%
+81%
+1%
-49%
+3%
+112%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price $1,850,000
$1,750,000 $1,625,500
$1,667,500
$1,565,000
$1,398,000
$1,223,000
$1,200,000
$1,200,450 $1,092,000 $1,007,500
11 16
12 11
January
February
$1,024,500
18 22
March
2021 Median Sales Price
$1,229,100
$1,400,500 $1,150,000
$1,307,500 $1,160,000
$1,150,000
28
27 7 April
4 May
24 7 June
$1,179,000 $1,008,750
13
27
July
17 21 August
$1,044,500
10
23
September
$1,055,000
$1,037,500
20 20
16 16
October
November
$1,125,000
25 9 December
SANTA MONICA Santa Monica, an iconic name and coastal city. The city is a walkable 8.3 square miles and offers 6 distinct areas filled with opportunities for outdoor experience, and fine shopping and dining. The Santa Monica Pier and Ocean Avenue are a landmark of the area with a quintessentially California lifestyle. Head north to Montana Avenue for 10 blocks of tree-lined shopping, dining and a historic theater. The centrally located mid-city hosts the city's thriving arts scene. Pico Boulevard hosts a weekly farmer's market against a backdrop of lively street art. Downtown Santa Monica is the entertainment hub and Main Street features sandy beaches and a welcoming neighborhood vibe.
ATTRACTIONS
RESTAURANTS
•
Santa Monica Beach & Pier
•
Santa Monica College
•
Fritto Misto
•
Massilia
•
Downtown Santa Monica
•
Water Garden
•
Tar & Roses
•
Cassia
•
Palisades Park
•
Santa Monica Airport
•
Mercado Santa Monica
•
Santa Monica Market
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
3,149
906
$1.58M
19
$1,008
29%
2020
1,889
635
$1.40M
21
$975
34%
PERCENT CHANGE
+67%
+43%
+13%
-12%
+3%
-14%
YEAR-OVER-YEAR TRENDS 2020 Sales
$1,750,000
2021 Sales
$1,687,500
$1,437,000
$1,512,500
2020 Median Sales Price $1,845,000
$1,691,250 $1,450,000
$1,550,000 $1,185,000
$1,370,000
$1,300,000
47
January
33 35
February
45
March
33
April
$1,367,500
$1,470,000
$1,908,288
$1,742,500
93 70
$1,400,000
89
48
$1,730,000
$1,400,000 $1,310,000
$1,380,000 $1,150,000
88
86
76 38
$1,333,000
$1,557,500
2021 Median Sales Price
59
70
83 90
64
81 59
79
$1,300,000
79 72
24 May
June
July
August
September
October
November
December
VENICE Venice is the effortlessly vibrant and urban surfer hub of Los Angeles. With an eclectic blend of casual and upscale, Venice residents are surfers and artists as well as entrepreneurs and professionals. In addition to the beach itself, Venice is known for the collection of canals just steps from the beach that offers residents a slice of waterfront property without being right on the major public pathways. Homes in Venice offer a blend of newly developed apartment buildings and modern homes.
ATTRACTIONS
RESTAURANTS
•
Venice Beach
•
Santa Monica College
•
Old Lightning
•
Scopa Italian Roots
•
Venice Skate Park
•
Penmar Golf Course
•
Barrique
•
The Butcher's Daughter
•
Barnard Way Linear Park
•
Marine Park
•
Felix Trattoria
•
Nighthawk Breakfast Bar
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
1,452
338
$1.97M
26
$1,150
24%
2020
8,62
241
$1.99M
41
$1,068
28%
PERCENT CHANGE
+68%
+40%
-1%
-35%
+8%
-14%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
$2,500,000
$2,350,000 $1,947,359
$1,957,500
$1,955,521 $1,888,000 $1,918,000
$2,107,500
10
15
January
13
February
21
$2,150,000
38 20 8 April
$2,200,000
$1,856,000
$1,722,500
30
March
$2,030,000
$2,105,000
$1,408,000 31
2021 Median Sales Price
8 May
32 19
June
23
33
July
$2,181,500 $1,880,000 $1,915,000
24
32
August
$1,885,000
$2,075,000
$1,725,000 37 18
September
25 28
October
$2,045,000 $1,935,000
29
$1,814,000
37
32
16
November
December
VIEW PARK/WINDSOR HILLS View Park/Windsor Hills is a vibrant and affluent neighborhood bordered by Culver City, The Crenshaw District, and Leimert Park. Founded in the late 1930s, the neighborhood is known for it's collection of homes and mansions in the Spanish Colonial and Mediterranean styles, many of which were designed by notable architects. It is also one of the largest California districts to be registered on the National Register of Historic Places. Outdoor amenities within the neighborhood include a tranquil city trail, and two parks. View Park/Windsor Hills is convenient to the 405, 10, and 110 freeways.
ATTRACTIONS
RESTAURANTS
•
Stocker Corridor Trail
•
Doris Japanese Garden
•
Dulan's on Crenshaw
•
La Louisanne
•
Rueben Ingold Park
•
•
Jerusalem Chicken
•
New Orleans Snowballs
•
Ladera Park
Kenneth Hahn Park and Disc Golf Course
•
Simply Wholesome
•
Sachi Teriyaki House
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
179
92
$1.24M
12
$584
58%
2020
211
89
$1.08M
21
$652
47%
PERCENT CHANGE
-15%
+3%
+15%
-44%
-10%
+23%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
$1,362,500 $1,084,500
$1,199,999
$1,127,500 $1,100,000
$785,000
$1,344,700 $1,138,000
$1,215,000
$912,500
$997,500
5
January
6
7
February
9
March
10 4 April
2
May
$1,425,000 $1,307,750 $1,200,000
$1,050,000
$855,000
10 4
$1,429,900
$1,325,000 $1,260,000 $1,110,000
16 6
$1,375,000
$1,152,500
$1,146,250 $914,500
2021 Median Sales Price
6
June
7
12
July
9
8
August
9
5
September
7
9
October
8
9
November
5
8
December
WEST HOLLYWOOD West Hollywood (WeHo) is where the party starts. The high-energy nightlife includes famous comedy clubs, music venues, dance clubs, bars, celebrity restaurants and world-renowned events make this the hottest place in town. The art and culture continue through the day with book clubs and stores, film festivals and theaters, and theatre and visual arts programs, offering opportunities for artists of all mediums to find community and spaces to create. Those working in entertainment can find a quick commute to Hollywood, Culver City, and Burbank and downtown Los Angeles is approximately nine miles away.
ATTRACTIONS
RESTAURANTS
•
The Comedy Store
•
Whisky a Go Go
•
GRANVILLE
•
Norah
•
The Laugh Factory
•
Sunset Strip
•
WeHo Bistro
•
Katana
•
Pacific Design Center
•
Santa Monica Boulevard
•
Zinque
•
Connie & Ted's
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
2,093
649
$1.10M
24
$797
33%
2020
1,340
464
$978K
25
$763
35%
PERCENT CHANGE
+56%
+40%
+13%
-6%
+5%
-7%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales
2020 Median Sales Price
$1,427,500
$1,377,500 $1,150,000
$897,500
$934,500
$1,082,500 $1,011,250
30
January
27
41
February
$1,140,000 $1,000,000
$967,000 $812,500
18
April
65
54
53
47
March
$1,117,500
$1,100,000
$1,017,500
$915,000
66 42
$1,285,000
$1,225,000
$1,004,250
2021 Median Sales Price
20
May
$929,000
53 54
$971,250 $850,000
45
57
$824,250 56
61 45
42
$1,039,500 $875,000
53 57
52 54
November
December
21
June
July
August
September
October
WEST LOS ANGELES West Los Angeles, also known as Sawtelle Japantown, is a unique neighborhood that celebrates Japanese culture in its restaurants and shops as well as other Far East locales such as China, Korea, and Vietnam. The main walkable commercial districts include Sawtelle Boulevard, Sepulveda Boulevard, and Westwood Boulevard. West Los Angeles also features the VA Greater Los Angeles Healthcare System, an extensive health campus. West Los Angeles is centrally located for commuters with easy access to the 405 and 10 freeways as well as Santa Monica Boulevard and W Pico Boulevard. The area is also just a short drive to the sandy beaches of Santa Monica, UCLA, and Century City.
ATTRACTIONS
RESTAURANTS
•
Stoner Park
•
Santa Monica Boulevard
•
Chinchikurin - Sawtelle
•
Marugame Udon
•
Landmark's Nuart Theatre
•
•
Sonrita's Prime Tacos
•
Killer Noodle Tsujita
•
W Pico Boulevard
Los Angeles National Veterans Park
•
Tsujita LA Artisan Noodle
•
Plan Check Kitchen + Bar
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
743
354
$1.00M
17
$713
50%
2020
470
206
$1.10M
19
$722
45%
PERCENT CHANGE
+58%
+72%
-8%
-11%
-1%
+11%
YEAR-OVER-YEAR TRENDS 2020 Sales $1,275,000
$1,204,750
2021 Sales
2020 Median Sales Price
$1,268,844
$1,234,500 $1,002,500
$1,093,750 $895,000
11
18
January
$852,000
16
26
February
$965,000
March
$1,065,000
$992,500 $895,000
38
33 12
2021 Median Sales Price
12
21
April
7 May
$1,084,000 $1,036,944
32 8 June
$1,147,500 $1,082,500
36
32 15 July
$1,142,500 $995,000 $960,000
$950,000
31 31
30 29
25 25
September
October
November
16 August
$1,050,000
$1,030,000
$1,110,000
$935,000
23
33
December
WESTCHESTER Westchester started out as an agricultural area in the early 20th century, though after the opening of Mines Field and the growth of the aerospace industry during and after WWII, the area quickly grew — both the airport and surrounding neighborhood. Today, Westchester continues to grow, in part from the influx of tech companies into the neighboring Playa Vista area and the addition of the Howard Hughes center that offers office space, apartments, and shopping. Westchester is now home to two main college campuses as well as the West Los Angeles campus for Pepperdine University. Westchester is convenient to the 405 freeway and just a short drive to Playa Del Rey Beach.
ATTRACTIONS •
Los Angeles Int'l. Airport
•
Loyola Marymount University
•
Otis College of Art & Design
RESTAURANTS •
•
Howard Hughes Shopping Center Westchester Golf Course
•
Ayara Thai Cuisine
•
Benny's Tacos & Rotisserie
•
The Ramen Joint
•
Truxton's American Bistro
•
Aliki's Greek Taverna
•
Melody Bar & Grill
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
576
418
$1.35M
13
$806
76%
2020
689
355
$1.27M
13
$762
57%
PERCENT CHANGE
-16%
+18%
+6%
-4%
+6%
+35%
YEAR-OVER-YEAR TRENDS 2020 Sales
2021 Sales $1,425,000
$1,250,000
$1,092,000
24
17
January
$1,287,500 $1,175,000
$1,225,000
$1,335,000 $1,225,000
27 22
February
March
$1,425,000
$1,385,000 $1,322,500
14 April
$1,425,000 $1,356,500
2021 Median Sales Price $1,502,500
$1,337,500 $1,311,500
$1,500,000 $1,374,500
$1,400,000 $1,269,000
$1,100,000
47
44
31
2020 Median Sales Price
47 19
25
May
42
50
22
June
July
33 30
August
36
49
September
41 24
October
$1,260,000 $1,172,000
$1,271,250
34 30
32 33
November
December
WESTWOOD/CENTURY CITY Together, Westwood and Century City offer something for everyone. From the University of California, Los Angeles at the north border of Westwood, to Fox Studios at the south border of Century City, these two neighborhoods boast a wide variety of opportunities for culture, enrichment, work, shopping, and dining. The area is also home to several parks and rec centers and the Los Angeles Country Club for outdoor sports. While Westwood is primarily single family residences, Century City offers a variety of condominium complexes with a small enclave of single-family properties. Westwood and Century City are convenient to Santa Monica Boulevard and the 405 freeway.
ATTRACTIONS •
•
University of California, Los Angeles Los Angeles Country Club
RESTAURANTS •
Fox Studios
•
KazuNori
•
Din Tai Fung
•
Westfield Century City
•
Gushi
•
Hinoki & The Bird
•
Holmby Park
•
CAVA
•
Craft
MARKET SUMMARY TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
2021
3,305
904
$1.17M
24
$742
28%
2020
1,684
553
$1.14M
27
$738
34%
PERCENT CHANGE
+96%
+63%
+3%
-11%
+0%
-17%
YEAR-OVER-YEAR TRENDS 2020 Sales $1,330,000
$1,307,500 $1,039,000 $1,090,000
24
17
January
2021 Sales
$1,199,995
$1,225,000
2020 Median Sales Price
$1,226,000
$1,070,000
$1,175,000 $1,050,000
$1,010,000
27 22
February
March
$967,000
14 April
47 19
25
May
$1,150,000 $1,109,000
47
44
31
$1,190,000
$1,175,000 $1,117,500
$1,272,000 $1,202,500
$1,274,500 $1,147,500
$1,310,000
$1,136,000
$956,000
42
50
22
June
2021 Median Sales Price
July
33 30
August
36
49
September
41 24
October
34 30
32 33
November
December
BEVERLY HILLS
WE ARE THE COAST BEVERLY HILLS 9454 Wilshire Blvd., Suite 600 Beverly Hills, CA 90212 310.205.0050
PALOS VERDES - MIRALESTE 5 Miraleste Plaza Rancho Palos Verdes, CA 90275 310.831.0222
EL SEGUNDO 402 Main Street El Segundo, CA 90245 310.322.1425
REDONDO BEACH 1901 S. Catalina Avenue Redondo Beach, CA 90277 310.378.7747
PALOS VERDES - MALAGA COVE 63 Malaga Cove Plaza Palos Verdes Estates, CA 90274 310.378.9494
PALOS VERDES - SILVER SPUR 450 Silver Spur Road Rancho Palos Verdes, CA 90275 310.544.9999
MANHATTAN BEACH 1040 Manhattan Beach Blvd. Manhattan Beach, CA 90266 310.376.2225
TORRANCE 23740 Hawthorne Blvd. Torrance, CA 90505 310.378.9889
MANHATTAN BEACH / DOWNTOWN 1401 Highland Avenue Manhattan Beach, CA 90266 310.937.5700
WEST LOS ANGELES 10500 W. Pico Blvd. Los Angeles, CA 90064 310.559.5570
MARINA DEL REY / VENICE 124 Washington Blvd. Marina Del Rey, CA 90292 310.577.5300
WESTCHESTER / SILICON BEACH 7131 W. Manchester Avenue Los Angeles, CA 90045 310.802.6000
WEST LOS ANGELES
MARINA DEL REY/VENICE WESTCHESTER/SILICON BEACH
EL SEGUNDO
MANHATTAN BEACH MANHATTAN BEACH/DOWNTOWN REDONDO BEACH TORRANCE PALOS VERDES - MALAGA COVE PALOS VERDES - SILVER SPUR PALOS VERDES - MIRALESTE
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