Q1 2026
A SNACK SIZE MARKET REPORT
NEIGHBORHOOD STATS SBP BY THE NUMBERS
NEW CONSTRUCTION INSIGHTS
3 MOST READ STORIES
BRANDON SMITH
SEWIT ESHETU
ROBERT MORTON
NATHAN STADLER
EDWARD HUTCHINSON JORDAN KRAMER
NATALIE GUREVITCH
KATY YAMBAO COURTNEY WELSH KRISTA MASELLA
GARRETT SANDERS
BITE-SIZED INSIGHTS BY NEIGHBORHOOD
BRENTWOOD
PACIFIC PALISADES
MEDIAN SALE PRICE: $4,411,250
MEDIAN SALE PRICE: $$$$
NUMBER OF SALES: ###
TOTAL SALES: 42
AVERAGE PRICE PER SF: $$$
AVG SOLD PRICE/SQFT: $1,546/SQFT
HOT TAKE: Although Brentwood saw less closings in Q1 2026 compared to Q4 2025, the average selling price increased by nearly 25%.
MEDIAN SELLING PRICE: $$$$
MEDIAN SALE PRICE: SFR: $5,067,210 | LAND: $1,701,000
NUMBER OF SALES: ###
TOTAL SALES: SFR: 28 | LAND: 93
AVERAGE PRICE PER SF: $$$
AVG SOLD PRICE/SQFT: SFR: $1,412/SQFT | LAND: $246/SQFT
HOT TAKE: Despite the challenges facing this beloved coastal community, the single family home market in unaffected areas remains strong, showcasing a more than 30% increase in median sale price in Q1 2026 compared to Q4 2025.
MEDIAN SALE PRICE: $3,027,227
MEDIAN SELLING PRICE: $$$$
NUMBER OF SALES: ###
TOTAL SALES: 40
AVERAGE PRICE PER SF: $$$
AVG SOLD PRICE/SQFT: $1,814/SQFT
HOT TAKE: Santa Monica started the year strong with the area’s highest priced sale of Q1 2026 closing within the first few days of January. The beachfront beauty with stunning ocean views sold for $15.7M.
SANTA MONICA
NEIGHBORHOOD — Q1 2026
MEDIAN SALE PRICE: $2,547,500
MEDIAN SELLING PRICE: $$$$
TOTAL SALES: 50
NUMBER OF SALES: ###
AVG SOLD PRICE / SQFT: $1,364/SQFT
AVERAGE PRICE PER SF: $$$
HOT TAKE: While the highest sale of Q4 2025 landed just over $5M, Venice saw a stunning architectural residence close in Q1 for $9.285M. This, along with a 35% increase in total number of sales compared to the previous quarter, indicates we’ll be seeing steady demand in this eclectic beachside neighborhood throughout 2026.
MEDIAN SALE PRICE: $2,613,750
MEDIAN SELLING PRICE: $$$$
TOTAL SALES: 38
NUMBER OF SALES: ###
AVG SOLD PRICE / SQFT: $1,200/SQFT
AVERAGE PRICE PER SF: $$$
HOT TAKE: With its central location and proximity to key business and educational hubs like Century City and UCLA, Westwood has maintained steady demand in Q1 2026 compared to the previous quarter with a moderate 8.5% increase in total number of sales.
MEDIAN SALE PRICE: $9,250,000
MEDIAN SELLING PRICE: $$$$
NUMBER OF SALES: ###
TOTAL SALES: 35
AVERAGE PRICE PER SF: $$$
AVG SOLD PRICE / SQFT: $1,858/SQFT
HOT TAKE: Beverly Hills saw 15 sales in the $10M+ range in Q1 2026, including an off market closing reaching an impressive $47M.
Looking for a deeper dive into a specific neighborhood—or curious about one not featured here? Reach out to us at team@smithandberg.com and we’ll provide a tailored, in-depth report for the area of your choice.
BEVERLY HILLS
WESTWOOD
SBP STATS, STORIES & STANDOUTS
$272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300 $272,881,300
SBP Q1 2026 SALES VOLUME (CLOSED & PENDING)
$4,400,000
#1 WATCH: SBP GUIDE TO THE OSCARS 2026 — IT’S MORTY GOLD!
#3 SBP GUIDE: LA’S HOTTEST NEW RESTAURANTS, 2026 EDITION #2 CREATING VALUE IN YOUR HOME: THESE INVISIBLE DRIVERS CAN CHANGE EVERYTHING
FUN FACT: SBP HOSTED OPEN HOUSES FOR 13 LISTINGS IN A SINGLE WEEKEND IN MARCH, AN ALL TIME RECORD!
FAVORITE NEW LA RESTAURANT The Wilkes
FAVORITE NEW COFFEE SHOP La La Land Brentwood
FAVORITE NEW BAGEL SHOP PopUp Bagels
GROUNDBREAKING TO CLOSE: HOW SBP BUILDS VALUE IN NEW CONSTRUCTION
Whether you’re buying a just-completed home, locking in a deal before the foundation is poured, or bringing a new build to market, having the right representation is the difference between a smooth transaction and an expensive lesson. In the first three months of 2026 alone, Smith and Berg Property Group is representing $296 Million in new and pre-construction homes. That number tells just a part of the story. Here’s 5 reasons why our team continues to set the standard in new construction sales across LA’s Westside.
MOMENTUM AT THE START OF 2026
SBP entered the year with momentum once again, thanks to decades of strong builder relationships, detailed deal management from start to finish, and an understanding of the construction process unmatched by other teams. From supporting the Palisades through expert guidance and homesite representation to leading large-scale Westside developments, SBP brings precision and insight—consistently delivering proven results.
WHY NEW CONSTRUCTION IS BOOMING
Buyers are choosing new construction for its state-of-the-art energy efficiency, modern design, and turnkey convenience. These homes deliver with must-haves such as open layouts, wellness-minded materials, advanced systems, and builder warranties, reflecting how people live now.
THE PRE-CONSTRUCTION ADVANTAGE
Buying pre-construction means entering early, often at a lower price point, with room for value appreciation before completion. It can also mean the opportunity to personalize finishes and layout choices. SBP’s experience ensures clients navigate every step confidently — from builder selection to final walk-through.
THE SBP DIFFERENCE
SBP’s long-standing relationships with builders, developers, lenders, and designers unlock early access to projects, off-market inventory, and smart financing solutions. “Our role goes far beyond closing,” Founding Partner David Berg says. “We’re here through every detail, long after move-in, ensuring clients feel supported from blueprint to keys.”
BUILDING WHAT’S NEXT
The next wave of LA home development is underway. As Founding Partner F. Ron Smith puts it, “Every project we represent is an opportunity. Our relationships with builders across the city, many of whom we have advised and represented on multiple properties, highlight the level of expertise and high-touch service we provide in all areas of new construction.”
Ready to explore what‘s next? Connect with the team to discover new construction opportunities across the Westside, before they hit the open market.
