deasy penner podley Q1 2021 Market Report

Page 1

2021

Q1 MARKET REPORT

Photography © Virtually Here Studios

home as art.®


Your Guide to

Market Performance & Analysis


Los Angeles County | Market Snapshot Single Family Homes

Condominium Homes

Data*

Q1 2021 Q1 2020 % Change

Data*

Q1 2021 Q1 2020 % Change

Median Price

$830,000

$696,750

19.12%

Median Price

$570,000

$523,000

8.99%

Avg. Price / Sq. Ft.

$582

$499

16.76%

Avg. Price / Sq. Ft.

$521

$486

7.23%

Properties Sold

11,291

9,310

21.28%

Properties Sold

4,443

3,486

27.45%

Days on Market

29

47

-38.30%

Days on Market

37

48

-22.92%

Median Price

Median Price

$830,000

$570,000

vs Q1 2020

$696,750

19.12%

Days On The Market

vs Q1 2020

$523,000

8.99%

Properties Sold 4,443

29

47

DAYS

DAYS

Q1 2021

Q1 2020

3,486

Q1 2021

Q1 2020

“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Los Angeles Area

Single Family Homes Q1 2021 NEIGHBORHOOD Baldwin Hills Beverly Hills

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

2

$1,050,000

$600

41

$7,300,000

$1,469

Beverly Hills PO

44

$3,105,362

$1,020

Beverlywood

35

$1,626,000

$849

Beverly Center - Miracle Mile

64

$1,878,075

$931

Brentwood

60

$3,688,000

$1,178

Cheviot Hills - Rancho Park

23

$2,400,000

$962

Culver City

65

$1,550,000

$955

Downtown LA

26

$540,000

$505

Hancock Park - Wilshire

78

$1,940,750

$812

Hollywood

40

$1,212,500

$761

Hollywood Hills East

51

$1,725,000

$780

Ladera Heights

17

$1,552,000

$564

1

$845,000

$686

60

$1,997,500

$868

Mid - Los Angeles

91

$965,000

$662

Silver Lake - Echo Park

98

$1,249,000

$836

Studio City

97

$1,825,000

$767

138

$2,395,000

$981

7

$1,150,000

$536

Leimert Park Los Feliz

Sunset Strip - HH West View Park Westwood - Century City

41

$2,470,000

$980

West Hollywood

40

$2,200,000

$1,089

West LA

26

$1,300,500

$816

1,186

$1,998,465

$852

TOTAL/AVERAGE


Condominium Homes Q1 2021 NEIGHBORHOOD Baldwin Hills Beverly Hills Beverly Hills PO Beverlywood Beverly Center - Miracle Mile Brentwood Cheviot Hills - Rancho Park Culver City Downtown LA

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

NA

NA

NA

26

$1,302,500

$743

NA

NA

NA

9

$870,000

$650

42

$914,000

$659

52

$967,500

$710

NA

NA

NA

58

$622,500

$627

104

$589,500

$633

Hancock Park - Wilshire

43

$729,000

$565

Hollywood

43

$700,000

$617

Hollywood Hills East

14

$705,000

$557

Ladera Heights

1

$615,000

$440

NA

NA

NA

Los Feliz

7

$675,000

$641

Mid - Los Angeles

11

$540,000

$534

Silver Lake - Echo Park

39

$479,000

$625

Studio City

66

$697,250

$523

Sunset Strip - HH West

24

$769,000

$645

View Park

NA

NA

NA

Westwood - Century City

Leimert Park

142

$1,010,000

$774

West Hollywood

111

$799,000

$758

West LA

51

$865,000

$655

$843

$769,403

$631

TOTAL/AVERAGE

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Los Angeles Area

Median Price

Q1 2021 — Q1 2020

Single Family Homes 2021

2020

Baldwin Hills Untitled 1 Beverly Hills Untitled 2

Beverly Hills PO Untitled 3 Beverlywood Untitled 4 Beverly Center -Untitled Miracle Mile 5 Brentwood Untitled 6 Cheviot Hills - Rancho UntitledPark 7 Culver City Untitled 8 Downtown Untitled LA 9 Hancock Park - Wilshire Untitled 10 Hollywood Untitled 11 Hollywood Hills East Untitled 12 Ladera Heights Untitled 13 Leimert Park Untitled 14 Los Feliz Untitled 15 Mid Untitled - Los Angeles 16 Silver Lake - Echo Park Untitled 17 Studio City Untitled 18 Sunset Strip - HH West Untitled 19 View Park Untitled 20 Westwood -Untitled Century City 21 West Hollywood Untitled 22 West23 LA Untitled

0 0

2,000,000 $2M

4,000,000 $4M

6,000,000 $6M

8,000,000 $8M


Median Price

Q1 2021 — Q1 2020

Condominium Homes 2021

2020

Baldwin Hills Untitled 1 Beverly Hills Untitled 2

Untitled 3 Beverly Hills PO Beverlywood Untitled 4 Beverly Center -Untitled Miracle Mile 5 Brentwood Untitled 6 Cheviot Hills - Rancho UntitledPark 7 Culver City Untitled 8 Downtown Untitled LA 9 Hancock Park - Wilshire Untitled 10 Hollywood Untitled 11 Hollywood Hills East Untitled 12 Ladera Heights Untitled 13 Leimert Park Untitled 14 Los Feliz Untitled 15 Mid Untitled - Los Angeles 16 Silver Lake - Echo Park Untitled 17 Studio 18 City Untitled Sunset Strip - HH West Untitled 19 View Park Untitled 20 Westwood -Untitled Century 21 City West Hollywood Untitled 22 West23 LA Untitled

0 0

375,000 $375K

750,000 $750K

1,125,000 $1.12M

1,500,000 $1.5M

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Beverly-Grove | Fairfax Village The Fairfax District has historically been the center of LA’s Jewish community. With a mix of Spanish-style homes, new modern constructions and charming duplexes, the tree-lined, walkable district is one of the city’s most historic and happening neighborhoods. Locals devour pizza and pasta at Jon & Vinny’s, get their small production wines at Helen’s, and hit the iconic Canter’s Deli for late night nosh. Sneakerhads worship at the 10plus shoe shops, including Sportie LA, Fight Club and Undefeated. Hit the food stalls at the 1930s-era Original Farmers Market, shot and dine at The Grove (with its famed animated fountain), and find treasures at the Melrose Trading Post, a popular Sunday flea market held at Fairfax High. Bonus: The art- and architecturefocused MAK Center is headquartered in Rudolph M. Schindler’s House, just blocks away from Fairfax.


Neighborhood Press | dwell John Lautner’s Deutsch House Hits the Market in Los Angeles for $2.7M Original built-in cabinetry by boatbuilder John de la Vaux gives this midcentury Hollywood Hills home a cool nautical vibe. John Lautner is one of the most famous names in Los Angeles architecture—renowned for iconic structures such as the Chemosphere and the Sheats-Goldstein residence—but he didn’t only design homes with large budgets. In 1954, the Frank Lloyd Wright protégé built a more humble abode for his bookkeeper, Lorena Deutsch, and her husband George, a woodworker and cabinetmaker. Set in the Hollywood Hills with sweeping views across Los Angeles (including the Hollywood sign), the Deutsch House was completed early in Lautner’s career—yet the home displays many elements that would come to characterize the midcentury architect’s work.

View more on our website

HomeAsArt.com


Market Performance By Neighborhood Los Angeles Area Baldwin Hills SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,050,000 $600 2 120

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$7,300,000 $1,469 41 100

$6,362,500 $1,460 42 81

14.73% 0.60% -2.38% 23.46%

Q1 2021

Q1 2020

% CHANGE

$1,302,500 $743 26 85

$1,405,000 $743 11 62

-7.30% 0.00% 136.36% 37.10%

Q1 2021

Q1 2020

% CHANGE

$3,105,362 $1,020 44 89

$2,831,133 $946 44 85

9.69% 7.81% 0.00% 4.71%

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Beverly Hills SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Beverly Hills PO SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Beverlywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,626,000 $849 35 42

$1,492,910 $889 28 38

8.91% -4.45% 25.00% 10.53%

Q1 2021

Q1 2020

% CHANGE

$870,000 $650 9 48

$869,000 $656 13 49

0.12% -0.97% -30.77% -2.04%

Q1 2021

Q1 2020

% CHANGE

$1,878,075 $931 64 46

$1,999,999 $895 45 60

-6.10% 4.02% 42.22% 9.04%

Q1 2021

Q1 2020

% CHANGE

$914,000 $659 42 61

$980,000 $720 21 51

-6.73% -8.47% 100.00% 19.61%

Q1 2021

Q1 2020

% CHANGE

$3,688,000 $1,178 60 58

$3,079,500 $1,058 42 83

19.76% 11.36% 42.86% -30.12%

Q1 2021

Q1 2020

% CHANGE

$967,500 $710 52 47

$1,092,830 $739 32 50

-11.47% -3.87% 62.50% -6.00%

Beverly Center | Miracle Mile SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Brentwood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Los Angeles Area Cheviot Hills | Rancho Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO

Q1 2021

Q1 2020

% CHANGE

$2,400,000 $962 23 48

$2,385,000 $946 14 70

0.63% 1.66% 64.29% -31.43%

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$1,550,000 $955 65 36

$1,375,000 $940 39 42

12.73% 1.64% 66.67% -14.29%

Q1 2021

Q1 2020

% CHANGE

$622,500 $627 58 37

$640,000 $608 45 34

-2.73% 3.05% 28.89% 8.82%

Q1 2021

Q1 2020

% CHANGE

$540,000 $505 26 54

$424,999 $449 23 44

27.06% 12.57% 13.04% 22.73%

Q1 2021

Q1 2020

% CHANGE

$589,500 $633 104 89

$585,000 $677 121 66

0.77% -6.46% -14.05% 34.85%

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Culver City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Downtown Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Hancock Park | Wilshire SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,940,750 $812 78 46

$1,590,000 $783 46 50

22.06% 3.77% 69.57% -8.00%

Q1 2021

Q1 2020

% CHANGE

$729,000 $565 43 45

$750,000 $599 33 56

-2.80% -5.58% 30.30% -19.64%

Q1 2021

Q1 2020

% CHANGE

$1,212,500 $761 40 61

$1,049,500 $794 22 58

15.53% -4.09% 81.82% 5.17%

Q1 2021

Q1 2020

% CHANGE

$700,000 $617 43 75

$680,000 $627 39 66

2.94% -1.62% 10.26% 13.64%

Q1 2021

Q1 2020

% CHANGE

$1,725,000 $780 51 59

$1,535,000 $766 28 67

12.38% 1.74% 82.14% -11.94%

Q1 2021

Q1 2020

% CHANGE

$705,000 $557 14 34

$680,000 $529 9 56

3.68% 5.36% 55.56% -39.29%

CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Hollywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Hollywood Hills East SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Los Angeles Area Ladera Heights SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,552,000 $564 17 33

$1,477,500 $538 10 108

5.04% 4.74% 70.00% -69.44%

Q1 2021

Q1 2020

% CHANGE

$615,000 $440 1 51

$553,000 $392 1 30

11.21% 12.30% 0.00% 70.00%

Q1 2021

Q1 2020

% CHANGE

$845,000 $686 1 43

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$1,997,500 $868 60 55

$1,825,116 $846 40 44

9.45% 2.58% 50.00% 25.00%

Q1 2021

Q1 2020

% CHANGE

$675,000 $641 7 36

$720,000 $667 8 46

-6.25% -3.94% -12.50% -21.74%

Leimert Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Los Feliz SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Mid Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$965,000 $662 91 36

$830,000 $600 86 54

16.27% 10.33% 5.81% -33.33%

Q1 2021

Q1 2020

% CHANGE

$540,000 $534 11 56

$485,000 $456 3 21

11.34% 17.12% 266.67% 166.67%

Q1 2021

Q1 2020

% CHANGE

$1,249,000 $836 98 34

$1,272,667 $787 71 53

-1.86% 6.21% 38.03% -35.85%

Q1 2021

Q1 2020

% CHANGE

$479,000 $625 39 62

$741,000 $599 29 46

-35.36% 4.37% 34.48% 34.78%

Q1 2021

Q1 2020

% CHANGE

$1,825,000 $767 97 51

$1,900,000 $722 57 49

-3.95% 6.19% 70.18% 4.08%

Q1 2021

Q1 2020

% CHANGE

$697,250 $523 66 51

$629,500 $496 35 37

10.76% 5.55% 88.57% 37.84%

Silver Lake | Echo Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Studio City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Los Angeles Area Sunset Strip | HH West SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$2,395,000 $981 138 72

$2,175,000 $917 91 83

10.11% 6.94% 51.65% -13.25%

Q1 2021

Q1 2020

% CHANGE

$769,000 $645 24 37

$699,000 $683 17 53

10.01% -5.57% 41.18% -30.19%

Q1 2021

Q1 2020

% CHANGE

$1,150,000 $536 7 20

$1,350,000 $480 3 5

-14.81% 11.75% 133.33% 300.00%

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$2,470,000 $980 41 42

$2,661,000 $954 24 51

-7.18% 2.67% 70.83% -17.65%

Q1 2021

Q1 2020

% CHANGE

$1,010,000 $774 142 65

$1,072,500 $755 118 66

-5.83% 2.55% 20.34% -1.52%

View Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Westwood | Century City SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


West Hollywood SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$2,200,000 $1,089 40 79

$1,800,000 $983 25 41

22.22% 10.78% 60.00% 92.68%

Q1 2021

Q1 2020

% CHANGE

$799,000 $758 111 53

$875,000 $772 79 57

-8.69% -1.87% 40.51% -7.02%

Q1 2021

Q1 2020

% CHANGE

$1,300,500 $816 26 44

$1,526,000 $921 22 30

-14.78% -11.44% 18.18% 46.67%

Q1 2021

Q1 2020

% CHANGE

$865,000 $655 51 50

$950,000 $665 17 48

-8.95% -1.48% 200.00% 4.17%

West Los Angeles SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Westside Area

Single Family Homes Q1 2021 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

Malibu Beach

23

$7,750,000

$2,904

Malibu

43

$2,815,000

$1,069

Marina Del Rey

28

$1,763,000

$962

Pacific Palisades

93

$3,620,000

$1,200

Palms – Mar Vista

78

$1,849,000

$956

Playa Vista Santa Monica Venice TOTAL/AVERAGE

11

$2,000,000

$778

54

$3,375,000

$1,346

61

$1,901,000

$1,212

391

$3,134,125

$1,303


Condominium Homes Q1 2021 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

6

$2,871,500

$1,737

Malibu

15

$1,340,000

$890

Marina Del Rey

82

$1,027,500

$753

Pacific Palisades

21

$1,350,000

$814

Palms – Mar Vista

42

$727,500

$678

Malibu Beach

Playa Vista Santa Monica Venice TOTAL/AVERAGE

39

$970,000

$709

105

$1,014,000

$938

15

$1,100,000

$947

325

$1,300,063

$933

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Westside Area

Properties Sold Q1 2021

Single Family Homes

Malibu Beach 23 Venice 61

Malibu 43

Santa Monica

Marina Del Rey 28

54 Playa Vista 11

Pacific Palisades 93 Palms | Mar Vista 78


Properties Sold Q1 2021

Venice 15

Condominium Homes

Malibu Beach 6 Malibu 15

Marina Del Rey 82

Santa Monica 105

Pacific Palisades 21 Playa Vista 39

Palms | Mar Vista 42

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Pacific Palisades One of Los Angeles’ most affluent neighborhoods, the Pacific Palisades is surrounded by Brentwood, Malibu, Topanga, Santa Monica, the Pacific Ocean, and the Santa Monica Mountains (also known as paradise). The walkable Village offers traditional French pastries at Maison Giraud, fashion-forward threads at Elyse Walker (Rick Owens by the beach, who knew?), and a thriving farmers’ market. The primarily residential neighborhood is home to the world-class Riviera Country Club, lush Rustic Canyon and Will Rogers State Historic Park, and oceanfront Getty Villa. Explore large parklands and plenty of hiking trails and you’ll see why the area is home to countless celebrities, executives, and entrepreneurs. The Palisades’ Eames House, also known as Case Study House No. 8, is a landmark of Mid-Century Modern design and is now operated by the Eames Foundation.


Neighborhood Press | Wallpaper* Modernist Houses For Sale In Sunny California Cree House is one of the lesser known works by acclaimed California architect Albert Frey. The man behind Palm Springs classics, such as Frey House II, Loewy House and the Tramway Gas Station with its famous ‘flying’ canopy, created this hidden gem around 1955. Having worked with Le Corbusier and influenced by modernist teachings from Europe, Frey worked on this private residence in Cathedral City, which was left neglected for years and fell into disrepair before it got restored to its former glory for Palm Springs Modernism Week 2019. Elements such as the exterior and interior wall panels, the fluted fiberglass deck pieces, kitchen appliances and cabinets have been preserved and remain part of this Desert Modernist house.

View more on our website

HomeAsArt.com


Market Performance By Neighborhood Westside Area Malibu Beach SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$7,750,000 $2,904 23 86

$5,875,000 $2,336 11 103

31.91% 24.31% 109.09% -16.50%

Q1 2021

Q1 2020

% CHANGE

$2,871,500 $1,737 6 81

$1,085,000 $1,477 2 121

164.65% 17.66% 200.00% -33.06%

Q1 2021

Q1 2020

% CHANGE

$2,815,000 $1,069 43 86

$2,275,000 $943 22 109

23.74% 13.41% 95.45% -21.10%

Q1 2021

Q1 2020

% CHANGE

$1,340,000 $890 15 91

$934,000 $688 7 103

43.47% 29.44% 114.29% -11.65%

Q1 2021

Q1 2020

% CHANGE

$1,763,000 $962 28 70

$1,697,500 $901 18 63

3.86% 6.85% 55.56% 11.11%

Q1 2021

Q1 2020

% CHANGE

$1,027,500 $753 82 45

$1,062,275 $767 54 44

-3.27% -1.83% 51.85% 2.27%

Malibu SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Marina Del Rey SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Pacific Palisades SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$3,620,000 $1,200 93 64

$3,257,500 $1,145 41 69

11.13% 4.74% 126.83% -7.25%

Q1 2021

Q1 2020

% CHANGE

$1,350,000 $814 21 47

$1,076,610 $653 19 70

25.39% 24.69% 10.53% -32.86%

Q1 2021

Q1 2020

% CHANGE

$1,849,000 $956 78 44

$1,595,000 $985 46 19

15.92% -2.90% 69.57% 131.58%

Q1 2021

Q1 2020

% CHANGE

$727,500 $678 42 38

$816,000 $699 12 29

-10.85% -3.12% 250.00% 31.03%

Q1 2021

Q1 2020

% CHANGE

$2,000,000 $778 11 61

$2,700,000 $813 7 30

-25.93% -4.29% 57.14% 103.33%

Q1 2021

Q1 2020

% CHANGE

$970,000 $709 39 45

$1,067,500 $730 34 38

-9.13% -2.87% 14.71% 18.42%

Palms | Mar Vista SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Playa Vista SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Westside Area Santa Monica SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$3,375,000 $1,346 54 47

$2,410,000 $1,196 55 64

40.04% 12.54% -1.82% -26.56%

Q1 2021

Q1 2020

% CHANGE

$1,014,000 $938 105 49

$1,020,000 $934 61 64

-0.59% 0.47% 72.13% -23.44%

Q1 2021

Q1 2020

% CHANGE

$1,901,000 $1,212 61 58

$2,140,000 $1,164 42 60

-11.17% 4.08% 45.24% -3.33%

Q1 2021

Q1 2020

% CHANGE

$1,100,000 $947 15 113

$1,325,000 $839 5 53

-16.98% 12.86% 200.00% 113.21%

Venice SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood San Gabriel Valley Area

Single Family Homes Q1 2021 NEIGHBORHOOD Alhambra Arcadia

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

48

$839,000

$585

105

$1,513,000

$617

Altadena

84

$1,050,000

$676

Bradbury

5

$1,300,000

$441

Claremont

70

$831,500

$395

Duarte

30

$692,750

$510

Eagle Rock

42

$1,225,000

$744

Glendora

84

$787,500

$471

Highland Park

86

$963,000

$769

La Crescenta / Glendale

70

$1,160,750

$674

61

$2,100,000

$739

La Verne

70

$815,000

$421

Monrovia

60

$882,500

$586

Mount Washington

25

$1,120,000

$709

Pasadena NE

70

$1,056,000

$671

Pasadena NW

41

$1,044,000

$690

Pasadena SE

39

$1,490,000

$738

Pasadena SW

26

$1,712,500

$818

Rosemead / S. San Gabriel

30

$717,500

$727

San Dimas

58

$758,000

$422

San Gabriel

50

$907,500

$599

San Marino

25

$2,230,000

$855

Sierra Madre

28

$1,155,000

$654

South Pasadena

37

$1,638,500

$869

Sunland - Tujunga

89

$732,000

$558

TOTAL/AVERAGE

1,333

$1,148,840

$637

La Cañada Flintridge


Condominium Homes Q1 2021 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

Alhambra

36

$597,500

$462

Arcadia

40

$730,000

$480

Altadena

1

$905,000

$471

Bradbury

NA

NA

NA

18

$536,382

$351

Claremont Duarte

9

$439,000

$372

NA

NA

NA

Glendora

19

$530,000

$356

Highland Park

12

$472,500

$566

La Crescenta / Glendale

17

$729,000

$478

La Cañada Flintridge

4

$907,500

$543

La Verne

10

$357,250

$404

Monrovia

23

$650,000

$439

1

$515,000

$821

Pasadena NE

15

$608,500

$536

Pasadena NW

12

$635,000

$546

Eagle Rock

Mount Washington

Pasadena SE

69

$641,000

$571

Pasadena SW

44

$723,500

$614

4

$593,000

$348

16

$477,500

$377

San Gabriel

18

$765,500

$440

San Marino

NA

NA

NA

7

$703,000

$462

South Pasadena

17

$825,000

$662

Sunland - Tujunga

8

$562,500

$442

TOTAL/AVERAGE

399

$604,506

$467

Rosemead / S. San Gabriel San Dimas

Sierra Madre

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Sunland / Tujunga

South Pasadena

Sierra Madre

San Marino

San Gabriel

San Dimas

Rosemead / S. San Gabriel

Pasadena SW

Q1 2021

Pasadena SE

Pasadena NW

Pasadena NE

Mount Washington

Monrovia

La Verne

La Cañada Flintridge

La Crescenta / Glendale

Highland Park

Glendora

Eagle Rock

Duarte

Claremont

Bradbury

Altadena

Arcadia

Alhambra

Explore Your Neighborhood

San Gabriel Valley Area

Median Price Single Family Homes

$2.4M

2,400,000

$1.8M

1,800,000

$1.2M

1,200,000

600K 600,000

00


Sunland / Tujunga

South Pasadena

Sierra Madre

San Marino

San Gabriel

San Dimas

Rosemead / S. San Gabriel

Pasadena SW

Pasadena SE

Pasadena NW

Pasadena NE

Mount Washington

Monrovia

La Verne

La Cañada Flintridge

La Crescenta / Glendale

Highland Park

Glendora

Eagle Rock

Q1 2021

Duarte

Claremont

Bradbury

Altadena

Arcadia

Alhambra

Median Price

Condominium Homes

1000000

$1M

750000 $750k

500000 $500k

250000 $250K

0

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight La Crescenta Nestled between the San Fernando and San Gabriel valleys on the edge of the Angeles National Forest is La Crescenta, an ethnically diverse small city with a Mayberry vibe. Excellent public schools, serene parks, hiking trails, and a top-notch farmers market have put the family-friendly spot—located less than 15 miles from Downtown LA—on the real estate map. Ranch homes on large lots surrounded by mature trees are the predominant style, along with a sprinkling of Mid-century homes (artists Lari Pittman and Roy Dowell sold Neutra’s 1952 Serulnic Residence and an avant-garde second home on the property by Michael Maltzan to the Red Hot Chili Peppers’ Flea in 2018). Don’t miss the region’s architectural centerpiece, St. Luke’s of the Mountains Episcopal Church, which was built from natural stone by the famous artist Seymour Thomas in 1924.


Neighborhood Press | dwell David Wallace’s Polished Mansion From “The Office” Spurs a $6M Bidding War Calling all fans of The Office: The opulent estate that appeared on NBC’s beloved series as the residence of David Wallace, played by actor Andy Buckley, is now up for grabs. Due to its immense popularity, however, the distinguished six-bedroom, six-bathroom home in Pasadena, California, will cost the lucky buyer much more than its original $5,995,000 price. The 6,301-square-foot property—designed in 1925 by architect Lucille W. Luckhardt—spans almost an entire acre on Pasadena’s quiet, residential Lomita Drive. The expansive estate includes a two-floor main residence and a guesthouse, as well as numerous outdoor gathering areas, a pool and spa, and a three-car executive garage. The distinguished home is now in escrow with multiple offers above its original asking price, listing broker George Penner recently told the New York Post.

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Market Performance By Neighborhood San Gabriel Valley Area Alhambra SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$839,000 $585 48 37

$705,000 $557 33 38

19.01% 5.19% 45.45% -2.63%

Q1 2021

Q1 2020

% CHANGE

$597,500 $462 36 43

$580,000 $428 27 30

3.02% 7.80% 33.33% 43.33%

Q1 2021

Q1 2020

% CHANGE

$1,513,000 $617 105 43

$1,310,000 $546 82 67

15.50% 12.87% 28.05% -35.82%

Q1 2021

Q1 2020

% CHANGE

$730,000 $480 40 51

$620,000 $440 30 48

17.74% 9.14% 33.33% 6.25%

Q1 2021

Q1 2020

% CHANGE

$1,050,000 $676 84 31

$853,500 $576 72 59

23.02% 17.34% 16.67% -47.46%

Q1 2021

Q1 2020

% CHANGE

$905,000 $471 1 4

NA NA NA NA

NA NA NA NA

Arcadia SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Altadena SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Bradbury SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,300,000 $441 5 83

$1,410,000 $504 4 51

-7.80% -12.41% 25.00% 62.75%

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$831,500 $395 70 42

$770,000 $363 65 50

7.99% 8.76% 7.69% -16.00%

Q1 2021

Q1 2020

% CHANGE

$536,382 $351 18 34

$497,000 $335 12 25

7.92% 4.72% 50.00% 36.00%

Q1 2021

Q1 2020

% CHANGE

$692,750 $510 30 21

$625,000 $429 35 51

10.84% 18.85% -14.29% -58.82%

Q1 2021

Q1 2020

% CHANGE

$439,000 $372 9 13

$395,000 $335 9 18

11.14% 10.90% 0.00% -27.78%

Claremont SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Duarte SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Eagle Rock SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,225,000 $744 42 34

$953,750 $654 46 35

28.44% 13.75% -8.70% -2.86%

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$787,500 $471 84 31

$705,500 $417 82 51

11.62% 13.03% 2.44% -39.22%

Q1 2021

Q4 2020

% CHANGE

$530,000 $356 19 22

$516,500 $338 24 49

2.61% 5.33% -20.83% -55.10%

Q1 2021

Q1 2020

% CHANGE

$963,000 $769 86 38

$899,000 $666 62 34

7.12% 15.57% 38.71% 11.76%

Q1 2021

Q1 2020

% CHANGE

$472,500 $566 12 20

$435,000 $510 7 25

8.62% 11.02% 71.43% -20.00%

Glendora SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Highland Park SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


La Crescenta | Glendale | Montrose SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,160,750 $674 70 28

$865,000 $578 51 46

34.19% 16.69% 37.25% -39.13%

Q1 2021

Q1 2020

% CHANGE

$729,000 $478 17 47

$735,000 $459 34 65

3.36% 4.17% -50.00% -27.69%

Q1 2021

Q1 2020

% CHANGE

$2,100,000 $739 61 38

$1,600,000 $698 38 61

31.25% 5.91% 60.53% -37.70%

Q1 2021

Q1 2020

% CHANGE

$907,500 $543 4 29

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$815,000 $421 70 28

$710,000 $378 52 43

14.79% 11.50% 34.62% -34.88%

Q1 2021

Q1 2020

% CHANGE

$357,250 $404 10 13

$305,000 $383 7 26

17.13% 5.64% 42.86% -50.00%

CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

La Cañada Flintridge SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

La Verne SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Monrovia SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$882,500 $586 60 37

$775,000 $488 57 52

13.87% 20.01% 5.26% -28.85%

Q1 2021

Q1 2020

% CHANGE

$650,000 $439 23 19

$512,500 $444 16 25

26.83% -1.26% 43.75% -24.00%

Q1 2021

Q1 2020

% CHANGE

$1,120,000 $709 25 42

$810,000 $744 21 33

38.27% -4.74% 19.05% 27.27%

Q1 2021

Q1 2020

% CHANGE

$515,000 $821 1 0

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$1,056,000 $671 70 24

$970,000 $599 57 40

8.87% 12.06% 22.81% -40.00%

Q1 2021

Q1 2020

% CHANGE

$608,500 $536 15 21

$555,000 $511 13 49

9.64% 4.86% 15.38% -57.14%

Mount Washington SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Pasadena NE SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Pasadena NW SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$1,044,000 $690 41 29

$905,000 $616 31 58

15.36% 12.05% 32.26% -50.00%

Q1 2021

Q1 2020

% CHANGE

$635,000 $546 12 45

$643,500 $486 12 54

-1.32% 12.50% 0.00% -16.67%

Q1 2021

Q1 2020

% CHANGE

$1,490,000 $738 39 49

$1,080,000 $667 29 68

37.96% 10.55% 34.48% -27.94%

Q1 2021

Q1 2020

% CHANGE

$641,000 $571 69 42

$605,000 $552 64 55

5.95% 3.52% 7.81% -23.64%

Q1 2021

Q1 2020

% CHANGE

$1,712,500 $818 26 49

$1,860,000 $711 24 79

-7.93% 15.07% 8.33% -37.97%

Q1 2021

Q1 2020

% CHANGE

$723,500 $614 44 41

$880,000 $581 30 68

-17.78% 5.65% 46.67% -39.71%

Pasadena SE SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Pasadena SW SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Rosemead/S. San Gabriel SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$717,500 $727 30 36

$688,500 $540 18 34

4.21% 34.50% 66.67% 5.88%

Q1 2021

Q1 2020

% CHANGE

$593,000 $348 4 18

$570,000 $352 5 25

4.04% -0.95% -20.00% -28.00%

Q1 2021

Q1 2020

% CHANGE

$758,000 $422 58 24

$672,500 $391 48 39

12.71% 7.96% 20.83% -38.46%

Q1 2021

Q1 2020

% CHANGE

$477,500 $377 16 15

$466,000 $345 12 33

2.47% 9.16% 33.33% -54.55%

Q1 2021

Q1 2020

% CHANGE

$907,500 $599 50 25

$855,000 $542 48 38

6.14% 10.56% 4.17% -34.21%

Q1 2021

Q1 2020

% CHANGE

$765,500 $440 18 21

$653,500 $433 4 41

17.14% 1.73% 350.00% -48.78%

San Dimas SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

San Gabriel SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


San Marino SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$2,230,000 $855 25 59

$1,900,000 $808 27 55

17.37% 5.88% -7.41% 7.27%

Q1 2021

Q1 2020

% CHANGE

NA NA NA NA

NA NA NA NA

NA NA NA NA

Q1 2021

Q1 2020

% CHANGE

$1,155,000 $654 28 73

$980,000 $606 23 68

17.86% 7.99% 21.74% 7.35%

Q1 2021

Q1 2020

% CHANGE

$703,000 $462 7 26

$746,500 $457 6 20

-5.83% 1.20% 16.67% 30.00%

Q1 2021

Q1 2020

% CHANGE

$1,638,500 $869 37 23

$1,463,000 $844 22 49

12.00% 3.01% 68.18% -53.06%

Q1 2021

Q1 2020

% CHANGE

$825,000 $662 17 31

$720,000 $558 7 47

14.58% 18.59% 142.86% -34.04%

Sierra Madre SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

South Pasadena SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood San Gabriel Valley Area Sunland-Tujunga SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$732,000 $558 89 28

$665,000 $507 76 43

10.08% 9.93% 17.11% -34.88%

Q1 2021

Q1 2020

% CHANGE

$562,500 $442 8 11

$439,000 $385 8 36

28.13% 14.93% 0.00% -69.44%


“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Coachella Valley Area

Single Family Homes Q1 2021 NEIGHBORHOOD

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

Cathedral City North

123

$425,000

$241

Cathedral City South

40

$465,000

$280

Indian Wells

111

$1,200,000

$378

La Quinta No of HWY 111

66

$512,500

$235

La Quinta S. of HWY 111

423

$800,000

$330

Palm Desert East

97

$525,000

$278

Palm Desert North

70

$497,500

$272

Palm Desert South

110

$895,000

$401

81

$1,100,000

$564

Palm Springs Central Palm Springs North End

104

$699,950

$406

Palm Springs South End

93

$1,066,000

$498

Rancho Mirage

221

$849,000

$331

1,539

$752,913

$351

TOTAL/AVERAGE


Condominium Homes Q1 2021 NEIGHBORHOOD Cathedral City North

# OF SALES

MED. SALE PRICE

AVG. $ / SQ. FT.

32

$199,949

$171

Cathedral City South

27

$249,000

$181

Indian Wells

32

$520,000

$251

La Quinta No of HWY 111

23

$255,000

$267

La Quinta S. of HWY 111

115

$475,000

$285

Palm Desert East

184

$325,000

$223

Palm Desert North

99

$379,000

$231

Palm Desert South

74

$367,500

$270

Palm Springs Central

92

$332,000

$284

Palm Springs North End

58

$190,000

$278

Palm Springs South End

171

$323,700

$259

136

$387,000

$224

1,043

$333,596

$244

Rancho Mirage TOTAL/AVERAGE

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Explore Your Neighborhood Coachella Valley Area

Properties Sold

Q1 2021 – Q1 2020 2021

Single Family Homes

2020 Cathedral City North Cathedral City South Indian Wells La Quinta N. of HWY 111 La Quinta S. of HWY 111 Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage

005

500

573

375

052

250

521

125

0

0

0

0

100

100

200

200

300

300

400

400


Properties Sold Q1 2021 – Q1 2020

Condominium Homes 2021

2020 Cathedral City North Cathedral City South Indian Wells La Quinta N. of HWY 111 La Quinta S. of HWY 111 Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage

002

200

051

150

001

100

05

50

0

0

0

40

40

80

80

120

120

160

160

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Neighborhood Spotlight Palm Springs Home to one of the largest concentrations of mid-century modern architecture in the U.S., Palm Springs is a haven for design buffs, heat seekers, and the LGBT community. From stylish boutique hotels and high-end vintage shopping to the annual Modernism Week, the desert city is practically a living museum of twentieth century architecture. You’ll find homes by Richard Neutra, William F. Cody, Albert Frey, A. Quincy Jones, Donald Wexler, and Paul R. Williams, among others that celebrate a more glamorous era. Score colorful frocks at Trina Turk (the L.A. designer lives here part-time), channel the Rat Pack at Melvyn’s, and view some hidden gems with Palm Springs Modern Architecture Tours. If you’re not afraid of heights, take the Aerial Tramway 8,500-feet up the sheer cliffs of Chino Canyon for stunning views (its Valley Station was designed by Frey).


Neighborhood Press | Retalk Asia Stay Positive And Keep Moving Forward | Interview With George Penner Best tip for getting the right listing price: Never “buy” a listing by telling a seller what they want to hear. Price the home accurately and know that your expertise will serve you when getting, keeping and selling the listing. Top tip for running a successful meeting: Keep it brief and on its feet. Can’t live without tech tool: My iPad. Most effective way to motivate agents: Genuineness and positivity. This business can be tough, and every agent goes through dry spells, so it’s important to stay positive and keep moving forward.

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Market Performance By Neighborhood Coachella Valley Area Cathedral City North SFR

Q1 2021

Q1 2020

% CHANGE

$425,000 $241 123 41

$360,000 $203 102 72

18.06% 18.69% 20.59% -43.06%

CONDO

Q1 2020

Q1 2020

% CHANGE

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

$199,949 $171 32 83

$169,000 $150 21 68

18.31% 14.14% 52.38% 22.06%

Q1 2021

Q1 2020

% CHANGE

$465,000 $280 40 46

$390,140 $243 33 64

19.19% 15.01% 21.21% -28.13%

Q1 2021

Q1 2020

% CHANGE

$249,000 $181 27 60

$205,000 $153 23 73

21.46% 17.85% 17.39% -17.81%

Q1 2021

Q1 2020

% CHANGE

$1,200,000 $378 111 88

$870,000 $307 66 91

37.93% 23.32% 68.18% -3.30%

Q1 2021

Q1 2020

% CHANGE

$520,000 $251 32 87

$389,500 $204 24 122

33.50% 23.03% 33.33% -28.69%

Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Cathedral City South SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Indian Wells SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


La Quinta North of HWY 111 - Indian Springs SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$512,500 $235 66 50

$423,000 $208 38 42

21.16% 12.99% 73.68% 19.05%

Q1 2021

Q1 2020

% CHANGE

$255,000 $267 23 54

$220,000 $214 15 64

15.91% 24.88% 53.33% -15.63%

La Quinta South Of HWY 11 - Indian Springs SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$800,000 $330 423 66

$590,000 $274 303 91

35.59% 20.49% 39.60% -27.47%

Q1 2021

Q1 2020

% CHANGE

$475,000 $285 115 53

$400,000 $244 74 87

18.75% 16.91% 55.41% -39.08%

Q1 2021

Q1 2020

% CHANGE

$525,000 $278 97 46

$455,900 $233 65 60

15.16% 19.22% 49.23% -23.33%

Q1 2021

Q1 2020

% CHANGE

$325,000 $223 184 64

$299,000 $204 121 66

8.70% 9.14% 52.07% -3.03%

Palm Desert East SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Market Performance By Neighborhood Coachella Valley Area Palm Desert North SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$497,500 $272 70 43

$445,000 $219 49 81

11.80% 24.24% 42.86% -46.91%

Q1 2021

Q1 2020

% CHANGE

$379,000 $231 99 71

$315,000 $210 64 72

20.32% 10.10% 54.69% -1.39%

Q1 2021

Q1 2020

% CHANGE

$895,000 $401 110 68

$652,000 $369 61 92

37.27% 8.68% 80.33% -26.09%

Q1 2021

Q1 2020

% CHANGE

$367,500 $270 74 78

$299,800 $228 53 48

22.58% 18.45% 39.62% 62.50%

Q1 2021

Q1 2020

% CHANGE

$1,100,000 $564 81 54

$820,000 $471 65 54

34.15% 19.83% 24.62% 0.00%

Q1 2021

Q1 2020

% CHANGE

$332,000 $284 92 58

$325,000 $264 73 96

2.15% 7.83% 26.03% -39.58%

CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Palm Desert South SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Palm Springs Central SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market


Palm Springs North End SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Q1 2021

Q1 2020

% CHANGE

$699,950 $406 104 37

$460,000 $285 79 64

52.16% 42.11% 31.65% -42.19%

Q1 2021

Q1 2020

% CHANGE

$190,000 $278 58 50

$169,000 $225 45 59

12.43% 23.15% 28.89% -15.25%

Q1 2021

Q1 2020

% CHANGE

$1,066,000 $498 93 48

$815,000 $393 91 80

30.80% 26.82% 2.20% -40.00%

Q1 2021

Q1 2020

% CHANGE

$323,700 $259 171 53

$300,000 $236 143 60

7.90% 9.35% 19.58% -11.67%

Q1 2021

Q1 2020

% CHANGE

$849,000 $331 221 69

$657,500 $274 154 95

29.13% 20.85% 43.51% -27.37%

Q1 2021

Q1 2020

% CHANGE

$387,000 $224 136 72

$329,500 $201 75 83

17.45% 11.72% 81.33% -13.25%

Palm Springs South End SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

Rancho Mirage SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market

“Source: The MLS/CARETS Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.


Paul R. Williams | Blazing Trails And Breaking Molds

What’s New On HomeAsArt.com

Join DPP for a recorded webinar on the impact of prolific LA architect, Paul R. Williams and his lasting legacy. As part of the California Preservation Foundation’s ongoing five-part series, “Modernist II: Design Masters and Methods,” this chapter explores themes on...

We share our passion for design on our blog: Photography © Benny Chan

HomeAsArt.com


Saving On Property Taxes | What You Need To Know

House Hunting In LA: Outdoor Oases

As Proposition 19 officially

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goes into effect on April 1st,

warmer weather is surely on

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of course! Picture yourself

now as long as the sale takes

sipping lemonade poolside at

place on or after April 1st to...

a Pasadena Colonial Revival...

Photography © Carothers Photo


Photography © Visual Media LA

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