2022
Q2 MARKET REPORT
Photography © Carothers
Your Guide to Los Angeles
Market Performance & Analysis In the second quarter of 2022, Los Angeles singlefamily homes and condos reached all-time highs in median price and price per square foot, yet sold faster than ever. When compared to Q2 2021, single-family home price per square foot increased in nearly every L.A. neighborhood. Similarly, condo median price and price per square foot rose in every neighborhood where condos sold during the quarter. The number of single-family homes and condos sold declined 32% and 15% year-over-year, respectively, which is a result of low inventory rather than low demand. Although single-family home inventory rose slightly in Q2 2022, it was the lowest spring inventory ever. Condo inventory continued to decline in the second quarter. In the first half of 2022, rising mortgage rates and inflation did not negatively affect demand or prices, but with mortgage rates already at a 14-year high and rising, we may see demand soften in Q3 2022.
Los Angeles County | Market Snapshot Single Family Homes
Condominium Homes
Data*
Q2 2022 Q2 2021 % Change
Data*
Q2 2022 Q2 2021 % Change
Median Price
$995,000
$900,000
10.56%
Median Price
$695,000
$615,000
13.01%
Avg. Price / Sq. Ft.
$708
$618
14.54%
Avg. Price / Sq. Ft.
$635
$554
14.74%
Properties Sold
12,108
14,753
-17.93%
Properties Sold
4,627
5,706
-18.91%
Days on Market
18
21
-14.29%
Days on Market
19
26
-26.92%
Median Price
Median Price
$995,000
$695,000
vs Q2 2021
$900,000
10.56%
Days On The Market
vs Q2 2021
$615,000
Properties Sold
DAYS
21
4,627
DAYS
Q2 2022
Q2 2021
Q2 2022
18
13.01%
5,706
Q2 2021
“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 Q2 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
1
$1,475,000
$818
Beverly Hills
36
$6,027,500
$1,800
Beverly Hills PO
50
$3,597,509
$1,169
Beverlywood
39
$1,763,000
$1,081
51
$2,475,000
$1,060
83
$3,976,400
$1,420
17
$3,430,000
$1,132
Culver City
63
$1,850,000
$1,128
Downtown LA
24
$558,750
$533
Hancock Park - Wilshire
Baldwin Hills
Beverly Center - Miracle Mile Brentwood Cheviot Hills - Rancho Park
56
$2,330,000
$1,013
Hollywood
31
$1,550,000
$933
Hollywood Hills East
52
$1,963,500
$980
Ladera Heights
15
$1,800,000
$728
Leimert Park
NA
NA
NA
Los Feliz
46
$3,310,000
$1,169
Mid - Los Angeles
84
$1,155,000
$767
100
$1,687,500
$1,046
91
$2,300,000
$924
119
$2,650,000
$1,103
4
$1,565,000
$694
Silver Lake - Echo Park Studio City Sunset Strip - HH West View Park Westwood - Century City
NA
NA
NA
West Hollywood
38
$2,744,250
$1,164
West LA
33
$1,718,000
$1,073
1,033
$2,269,382
$988
TOTAL/AVERAGE
Condominium Homes Q2 2022 NEIGHBORHOOD Baldwin Hills Beverly Hills
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
NA
NA‘
NA
41
$1,475,000
$874
Beverly Hills PO
NA
NA
NA
Beverlywood
20
$1,062,500
$737
Beverly Center - Miracle Mile
28
$1,025,000
$776
Brentwood Cheviot Hills - Rancho Park Culver City Downtown LA
75
$1,135,000
$776
NA
NA
NA
61
$740,000
$689
154
$600,000
$685
Hancock Park - Wilshire
49
$782,500
$663
Hollywood
32
$805,000
$686
Hollywood Hills East
15
$820,000
$640
Ladera Heights
6
$658,000
$490
NA
NA
NA
19
$933,000
$892
4
$737,500
$554
Silver Lake - Echo Park
27
$906,000
$750
Studio City
38
$815,000
$633
Sunset Strip - HH West
42
$738,500
$886
View Park
NA
NA
NA
Westwood - Century City
174
$1,210,000
$895
West Hollywood
121
$945,000
$901
West LA
39
$975,000
$755
945
$909,056
$738
Leimert Park Los Feliz Mid - Los Angeles
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
Q2 2022 — Q2 2021
Single Family Homes 2022
2021
Baldwin Hills
Beverly Center - Miracle Mile Beverly Hills Beverly Hills PO Beverlywood Brentwood Cheviot Hills - Rancho Park Culver City Downtown LA Hancock Park - Wilshire Hollywood Hollywood Hills East Ladera Heights Leimert Park Los Feliz Mid - Los Angeles Silver Lake - Echo Park Studio City Sunset Strip - HH West View Park West Hollywood West LA Westwood - Century City
0
$1.7M
$3.5M
$5.25M
$7M
Median Price
Q2 2022 — Q2 2021
Condominium Homes 2022
2021
Baldwin Hills Beverly Center
Beverly Hills Beverly Hills PO Beverlywood Brentwood Cheviot Hills - Rancho Park Culver City Downtown LA Hancock Park - Wilshire Hollywood Hollywood Hills East Ladera Heights Leimert Park Los Feliz Mid - Los Angeles Silver Lake - Echo Park Studio City Sunset Strip - HH West View Park West Hollywood West LA Westwood - Century City
0
$375K
$750K
$1.2M
$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.
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
Q2 2022
Q2 2021
% CHANGE
$1,475,000 $818 1 0
$1,425,000 $641 2 43
3.51% 27.63% -50.00% -100.00%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
$3,277,500 $1,800 41 5
$6,559,250 $1,595 45 56
-8.11% 12.82% -8.89% -30.36%
Q2 2022
Q2 2021
% CHANGE
$6,027,500 $874 36 50
$1,290,000 $765 66 77
-8.11% 14.12% -45.45% -35.06%
Q2 2022
Q2 2021
% CHANGE
$3,597,509 $1,169 50 60
$3,277,500 $1,087 64 55
9.76% 7.50% -21.88% 9.09%
Q2 2022
Q2 2021
% 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
Q2 2022
Q2 2021
% CHANGE
$1,763,000 $1,081 33 39
$1,870,000 $984 35 56
-5.72% 9.87% -5.71% -30.36%
Q2 2022
Q2 2021
% CHANGE
$1,062,500 $737 20 14
$930,000 $671 27 32
14.25% 9.87% -25.93% -56.25%
Q2 2022
Q2 2021
% CHANGE
$2,475,000 $1,060 28 51
$2,265,000 $916 45 75
9.27% 15.70% -37.78% -32.00%
Q2 2022
Q2 2021
% CHANGE
$1,025,000 $1,026 28 28
$770,000 $935 45 49
33.12% 9.77% -37.78% -42.86%
Q2 2022
Q2 2021
% CHANGE
$3,400,000 $1,230 51 46
$3,700,000 $1,187 61 59
-8.11% 3.68% -16.39% -22.03%
Q2 2022
Q2 2021
% CHANGE
$1,135,000 $776 75 24
$939,000 $727 98 32
20.87% 6.63% -23.47% -25.00%
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
Q2 2022
Q2 2021
% CHANGE
$3,430,000 $1,132 17 24
$2,256,500 $1,013 18 38
52.01% 11.69% -5.56% -36.84%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
$1,850,000 $1,128 63 14
$1,560,000 $1,034 85 24
18.59% 9.08% -25.88% -41.67%
Q2 2022
Q2 2021
% CHANGE
$740,000 $689 61 19
$605,555 $641 77 21
22.20% 7.63% -20.78% -9.52%
Q2 2022
Q2 2021
% CHANGE
$558,750 $533 24 43
$515,000 $465 48 25
8.50% 14.63% -50.00% 72.00%
Q2 2022
Q2 2021
% CHANGE
$600,000 $685 154 49
$569,000 $628 145 63
5.45% 9.07% 6.21% -22.22%
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
Q2 2022
Q2 2021
% CHANGE
$2,330,000 $1,013 56 21
$1,928,500 $836 78 36
20.82% 21.27% -28.21% -41.67%
Q2 2022
Q2 2021
% CHANGE
$782,500 $663 58 50
$730,000 $593 81 48
7.19% 11.71% -28.40% 4.17%
Q2 2022
Q2 2021
% CHANGE
$1,550,000 $933 31 30
$1,325,000 $749 54 43
16.98% 24.55% -42.59% -30.23%
Q2 2022
Q2 2021
% CHANGE
$805,000 $686 32 42
$726,500 $629 46 48
10.81% 9.08% -30.43% -12.50%
Q2 2022
Q2 2021
% CHANGE
$820,000 $954 29 36
$650,000 $785 52 58
26.15% 21.55% -44.23% -37.93%
Q2 2022
Q2 2021
% CHANGE
$820,000 $640 15 18
$650,000 $611 17 22
26.15% 4.73% -11.76% -18.18%
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
Q2 2022
Q2 2021
% CHANGE
$1,800,000 $728 15 12
$1,646,500 $594 20 20
9.32% 22.44% -25.00% -40.00%
Q2 2022
Q2 2021
% CHANGE
$658,000 $490 6 50
$550,500 $430 4 122
19.53% 14.01% 50.00% -59.02%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
$3,310,000 $1,169 46 21
$2,184,500 $918 76 30
51.52% 27.41% -39.47% -30.00%
Q2 2022
Q2 2021
% CHANGE
$933,000 $892 19 18
$800,001 $715 21 41
16.62% 24.79% -9.52% -56.10%
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
Q2 2022
Q2 2021
% CHANGE
$1,155,000 $767 84 19
$1,025,000 $679 121 27
12.68% 12.84% -30.58% -29.63%
CONDO
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$737,500 $554 4 14
$675,000 $528 5 30
9.26% 4.77% -20.00% -53.33%
Q2 2022
Q2 2021
% CHANGE
$1,687,500 $1,046 100 20
$1,302,500 $864 146 26
29.56% 21.14% -31.51% -23.08%
Q2 2022
Q2 2021
% CHANGE
$906,000 $750 27 18
$732,500 $664 34 31
23.69% 12.90% -20.59% -41.94%
Q2 2022
Q2 2021
% CHANGE
$2,300,000 $924 91 15
$2,120,000 $807 135 28
8.49% 14.51% -32.59% -46.43%
CONDO
Q2 2022
Q2 2021
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$815,000 $633 38 15
$760,000 $540 71 24
% CHANGE ‘ 7.24% 17.04% -46.48% -37.50%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
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
“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
Q2 2022
Q2 2021
% CHANGE
$2,650,000 $1,103 119 42
$2,233,500 $974 140 46
18.65% 13.22% -15.00% -8.70%
Q2 2022
Q2 2021
% CHANGE
$738,500 $886 42 23
$735,000 $792 40 43
0.48% 11.93% 5.00% -46.51%
Q2 2022
Q2 2021
% CHANGE
$1,565,000 $694 4 21
$1,065,000 $677 2 9
46.95% 2.46% 100.00% 133.33%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
$665,000 $426 1 4
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
$2,600,000 $1,029 67 27
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
$665,000 $426 1 4
NA NA NA NA
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
Q2 2022
Q2 2021
% CHANGE
$2,744,250 $1,164 38 38
$2,210,000 $1,048 49 38
24.17% 11.05% -22.45% 0.00%
Q2 2022
Q2 2021
% CHANGE
$1,210,000 $895 174 33
$1,008,000 $754 196 41
20.04% 18.70% -11.22% -19.51%
Q2 2022
Q2 2021
% CHANGE
$1,718,000 $1,073 33 22
$1,718,000 $951 42 20
11.92% 12.83% -21.43% 10.00%
Q2 2022
Q2 2021
% CHANGE
$975,000 $755 39 18
$843,500 $697 50 35
15.59% 8.40% -22.00% -48.57%
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 The median price and average price per square foot in the Westside market reached all-time highs for both single-family homes and condos in the second quarter of 2022. Single-family home and condo price per square foot rose in every neighborhood in Westside L.A. compared to Q2 2021. Mortgage rates jumped over 1.5% in Q2 2022, and because they are expected to rise throughout the rest of the year, buyers have rushed to lock in lower mortgage rates. The number of single-family homes and condos sold declined 29% year-over-year, which isn’t surprising given the 35% decline in inventory compared to Q2 2021. As active listings continue to decline, sales naturally decline with them. Westside L.A. inventory is rising from the all-time low it reached last quarter, but buyers are still facing significant competition. Like the rest of Los Angeles, homes are selling at the fastest pace in history. .
Single Family Homes Q2 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Malibu Beach
14
$10,650,000
$4,125
Malibu
49
$4,000,000
$1,386
Marina Del Rey
33
$1,850,000
$1,059
Pacific Palisades
63
$5,600,000
$1,764
Palms – Mar Vista
78
$1,980,000
$1,174
8
$3,122,500
$941
Playa Vista Santa Monica
53
$3,858,000
$1,637
Venice
71
$2,500,000
$1,499
$369
$4,195,063
$1,698
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Malibu Beach
8
$2,587,500
$2,344
Malibu
9
$1,400,000
$1,007
TOTAL/AVERAGE
Condominium Homes Q2 2022 NEIGHBORHOOD
Marina Del Rey
82
$1,273,000
$830
Pacific Palisades
25
$1,925,000
$992
Palms – Mar Vista
22
$785,000
$748
Playa Vista
36
$1,412,500
$874
142
$1,375,000
$1,102
22
$1,618,000
$1,049
346
$1,547,000
$1,118
Santa Monica Venice 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 Westside Area
Properties Sold Q2 2022
Single Family Homes
Malibu Beach 14 Malibu 49
Venice 71
Marina Del Rey Santa Monica 53 Playa Vista
33 Pacific Palisades 63
8
Palms | Mar Vista 78
Properties Sold Q2 2022
Venice 22
Condominium Homes
Malibu Beach 8 Malibu 9
Marina Del Rey 82
Santa Monica 142
Pacific Palisades 25 Palms | Mar Vista Playa Vista
22
36
“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 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
Q2 2022
Q2 2021
% CHANGE
$2,587,500 $2,344 8 24
$1,160,000 $1,370 3 75
123.06% 71.08% 166.67% -68.00%
Q2 2022
Q2 2021
% CHANGE
$2,587,500 $2,344 8 24
$1,160,000 $1,370 3 75
123.06% 71.08% 166.67% -68.00%
Q2 2022
Q2 2021
% CHANGE
$4,000,000 $1,386 49 66
$3,950,000 $1,274 63 79
1.27% 8.76% -22.22% -16.46%
Q2 2022
Q2 2021
% CHANGE
$1,400,000 $1,007 9 12
$1,091,000 $863 15 52
28.32% 16.67% -40.00% -76.92%
Q2 2022
Q2 2021
% CHANGE
$1,850,000 $1,059 33 19
$1,925,000 $1,013 42 29
-3.90% 4.49% -21.43% -55.91%
Q2 2022
Q2 2021
% CHANGE
$1,273,000 $830 82 24
$1,159,500 $762 120 35
9.79% 8.88% -31.67% -31.43%
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
Q2 2022
Q2 2021
% CHANGE
$5,600,000 $1,764 63 32
$3,961,750 $1,275 108 39
41.35% 38.30% -41.67% -17.95%
Q2 2022
Q2 2021
% CHANGE
$1,925,000 $992 25 40
$1,265,000 $829 35 38
52.17% 19.66% -28.57% 5.26%
Q2 2022
Q2 2021
% CHANGE
$1,850,000 $1,108 55 25
$1,847,350 $959 81 42
0.14% 15.46% -32.10% -40.48%
Q2 2022
Q2 2021
% CHANGE
$785,000 $748 22 19
$875,000 $705 33 20
-10.29% 6.07% -33.33% -5.00%
Q2 2022
Q2 2021
% CHANGE
$3,122,500 $941 8 26
$2,490,000 $825 17 28
25.40% 14.09% -52.94% -7.14%
Q2 2022
Q2 2021
% CHANGE
$1,412,500 $874 36 19
$1,075,000 $750 61 39
31.40% 16.53% -40.98% -51.28%
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
Q2 2022
Q2 2021
% CHANGE
$3,858,000 $1,637 53 20
$3,322,500 $1,421 96 39
16.12% 15.22% -44.79% -48.72%
Q2 2022
Q2 2021
% CHANGE
$1,375,000 $1,102 142 26
$1,122,500 $972 180 43
22.49% 13.32% -21.11% -39.53%
Q2 2022
Q2 2021
% CHANGE
$2,525,000 $1,314 68 58
$1,869,000 $1,211 64 59
35.10% 8.56% 6.25% -1.69%
Q2 2022
Q2 2021
% CHANGE
$2,500,000 $1,499 71 30
$2,100,000 $1,274 78 46
19.05% 17.60% -8.97% -34.78%
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
Explore Your Neighborhood San Gabriel Valley In the second quarter of 2022, single-family homes and condos reached record highs in median price and price per square foot, and single-family homes sold at the quickest pace ever. Every city in the San Gabriel Valley saw year-over-year increases in median price and average price per square foot. The San Gabriel Valley seems to be immune to the economic factors affecting demand in other parts of the county. The area’s desirability is simply too high. The number of sales has declined with inventory over the past year for both single-family homes and condos. Like the rest of Southern California, the San Gabriel Valley is in a massive state of undersupply. Although the number of sales declined with inventory over the past year, inventory rose slightly from the record low first quarter, spurring a jump in quarter-over-quarter sales: 16% for single-family homes and 28% for condos.
“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 Q2 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
52
$1,086,500
$736
Arcadia
120
$1,669,000
$740
Altadena
110
$1,329,224
$810
Bradbury
1
$2,500,000
$553
Claremont
86
$996,000
$523
Duarte
42
$805,000
$596
Eagle Rock
56
$1,487,500
$973
Glendora
122
$916,500
$573
77
$1,127,000
$982
Alhambra
Highland Park La Crescenta / Glendale
96
$1,327,500
$832
La Cañada Flintridge
80
$2,450,000
$998
La Verne
62
$1,000,000
$540
Monrovia
64
$1,047,500
$723
Mount Washington
39
$1,350,000
$1,038
Pasadena NE
111
$1,320,000
$846
Pasadena NW
48
$1,228,500
$862
Pasadena SE
54
$1,794,000
$898
Pasadena SW
35
$2,010,000
$964
Rosemead / S. San Gabriel
46
$858,000
$618
San Dimas
50
$925,000
$549
San Gabriel
58
$1,319,000
$762
San Marino
52
$2,830,000
$990
Sierra Madre
35
$1,750,000
$764
South Pasadena
22
$2,350,010
$1,034
Sunland - Tujunga
93
$887,000
$678
TOTAL/AVERAGE
$1,611
$1,454,529
$783
Condominium Homes Q2 2022 NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Alhambra
38
$734,000
$570
Arcadia
52
$872,500
$550
Altadena
2
$690,500
$675
Bradbury
NA
NA
NA
Claremont
19
$585,000
$449
Duarte
12
$585,000
$469
2
$828,750
$579
17
$715,000
$440
3
$780,000
$653
Eagle Rock Glendora Highland Park La Crescenta / Glendale
18
$827,500
$611
La Cañada Flintridge
5
$1,450,000
$746
La Verne
7
$530,000
$518
Monrovia
12
$647,500
$543
NA
NA
NA
Pasadena NE
35
$745,000
$649
Pasadena NW
10
$950,000
$692
Pasadena SE
80
$757,500
$684
Pasadena SW
67
$1,068,000
$791
Rosemead / S. San Gabriel
10
$681,000
$488
San Dimas
14
$643,500
$491
San Gabriel
20
$790,500
$542
San Marino
NA
NA
NA
5
$935,000
$579
South Pasadena
19
$1,180,000
$762
Sunland - Tujunga
14
$625,000
$520
TOTAL/AVERAGE
461
$766,141
$565
Mount Washington
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
Q2 2022
Pasadena SE
Pasadena NW
Pasadena NE
Mount Washington
Monrovia
La Verne
La Crescenta / Glendale
La Cañada Flintridge
Highland Park
Glendora
Eagle Rock
Duarte
Claremont
Bradbury
Altadena
Arcadia
Alhambra
Explore Your Neighborhood
San Gabriel Valley Area
Median Price Single Family Homes
$3M
$2.25M
$1.5M
750K
0
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 Crescenta / Glendale
La Cañada Flintridge
Highland Park
Glendora
Eagle Rock
Q2 2022
Duarte
Claremont
Bradbury
Altadena
Arcadia
Alhambra
Median Price
Condominium Homes
$1.5M
$1.25M
$750k
$375K
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.
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
Q2 2022
Q2 2021
% CHANGE
$1,086,500 $736 52 22
$887,313 $613 47 21
22.45% 20.08% 10.64% 4.76%
Q2 2022
Q2 2021
% CHANGE
$680,000 $535 58 27
$590,000 $459 35 39
15.25% 16.54% 65.71% -30.77%
Q2 2022
Q2 2021
% CHANGE
$1,669,000 $740 120 26
$1,531,000 $645 138 34
9.01% 14.83% -13.04% -23.53%
Q2 2022
Q2 2021
% CHANGE
$872,500 $520 43 29
$798,500 $464 57 35
9.27% 11.93% 32.56% -17.14%
Q2 2022
Q2 2021
% CHANGE
$1,329,224 $796 83 19
$1,259,000 $674 85 31
5.58% 18.02% -2.35% -38.71%
Q2 2022
Q2 2021
% CHANGE
$690,500 $675 2 4
$567,500 $549 2 40
21.67% 23.03% 0.00% -90.00%
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
Q2 2022
Q2 2021
% CHANGE
$2,500,000 $553 1 210
$2,197,000 $535 4 51
13.79% 3.43% -75.00% 311.76%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
$996,000 $523 86 11
$885,000 $452 101 16
12.54% 15.68% -14.85% -31.25%
Q2 2022
Q2 2021
% CHANGE
$585,000 $449 9 9
$575,000 $370 18 34
1.74% 21.41% -50.00% -73.53%
Q2 2022
Q2 2021
% CHANGE
$720,000 $583 31 18
$692,750 $510 30 21
3.93% 14.38% 3.33% -14.29%
Q2 2022
Q2 2021
% CHANGE
$497,500 $450 6 32
$439,000 $372 9 13
13.33% 21.16% -33.33% 146.15%
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
Q2 2022
Q2 2021
% CHANGE
$1,487,500 $973 56 18
$1,044,500 $700 94 19
42.41% 38.84% -40.43% -5.26%
Q2 2022
Q2 2021
% CHANGE
$828,750 $579 2 13
$490,500 $413 2 22
68.96% 40.41% 0.00% -40.91%
SFR
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$916,500 $571 94 20
$860,000 $470 84 33
6.57% 21.46% 11.90% -39.39%
CONDO
Q2 2022
Q2 2021
% CHANGE
$640,000 $463 11 5
$530,000 $356 19 22
20.75% 29.91% -42.11% -77.27%
Q2 2022
Q2 2021
% CHANGE
$1,127,000 $982 77 17
$1,105,000 $834 87 22
1.99% 17.69% -11.49% -22.73%
Q2 2022
Q2 2021
% CHANGE
$780,000 $653 3 18
$550,000 $642 9 21
41.82% 1.72% -66.67% -14.29%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market CONDO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Glendora
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
Q2 2022
Q2 2021
% CHANGE
$1,327,500 $805 56 19
$1,220,000 $678 74 27
8.81% 18.79% -24.32% -29.63%
Q2 2022
Q2 2021
% CHANGE
$827,500 $611 18 20
$730,000 $497 24 37
13.36% 22.84% -25.00% -45.95%
Q2 2022
Q2 2021
% CHANGE
$2,450,000 $914 42 42
$2,227,500 $739 79 61
9.99% 23.66% -10.13% -31.15%
Q2 2022
Q2 2021
% CHANGE
$1,450,000 $746 5 21
$1,305,000 $600 3 6
11.11% 24.48% 66.67% 250.00%
Q2 2022
Q2 2021
% CHANGE
$1,000,000 $499 62 37
$860,000 $421 70 28
16.28% 18.35% 6.92% 32.14%
Q2 2022
Q2 2021
% CHANGE
$413,000 $495 5 10
$530,000 $404 10 13
28.33% 22.41% -50.00% -23.08%
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
Q2 2022
Q2 2021
% CHANGE
$1,047,500 $723 64 15
$895,000 $601 79 16
17.04% 20.34% -18.99% -6.25%
Q2 2022
Q2 2021
% CHANGE
$647,500 $543 12 15
$640,000 $451 18 11
1.17% 20.41% -33.33% 36.36%
Q2 2022
Q2 2021
% CHANGE
$1,350,000 $894 34 20
$1,205,000 $719 27 39
12.03% 24.27% 25.93% -48.72%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
$425,000 $630 7 18
NA NA NA
Q2 2022
Q2 2021
% CHANGE
$1,320,000 $846 93 24
$1,178,500 $714 112 26
12.01% 18.49% -19.96% -7.69%
Q2 2022
Q2 2021
% CHANGE
$745,000 $649 35 21
$655,000 $564 21 22
13.74% 15.00% 66.67% -4.55%
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
Q2 2022
Q2 2021
% CHANGE
$1,228,500 $862 48 19
$1,133,230 $730 62 40
8.41% 17.94% -22.58% -52.50%
CONDO
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$757,500 $556 9 45
$950,000 $546 12 45
39.37% 1.79% -25.00% 0.00%
Q2 2022
Q2 2021
% CHANGE
$1,381,500 $856 34 24
$1,510,000 $735 40 48
-8.51% 16.48% -15.00% -50.00%
Q2 2022
Q2 2021
% CHANGE
$747,000 $634 70 29
$640,500 $569 74 41
116.63% 11.40% -5.41% -29.27%
Q2 2022
Q2 2021
% CHANGE
$2,010,000 $964 37 35
$1,900,000 $888 41 46
5.79% 8.63% -9.76% -23.91%
Q2 2022
Q2 2021
% CHANGE
$955,000 $627 35 23
$717,800 $571 38 38
33.05% 9.85% -7.89% -39.47%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
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
Q2 2022
Q2 2021
% CHANGE
$858,000 $618 46 14
$752,000 $541 37 11
14.10% 14.15% 24.32% 27.27%
Q2 2022
Q2 2021
% CHANGE
$655,000 $462 2 49
$593,000 $348 4 18
10.46% 32.52% -50.00% 172.22%
Q2 2022
Q2 2021
% CHANGE
$925,000 $549 50 24
$830,000 $453 92 11
11.45% 21.33% -45.65% 118.18%
Q2 2022
Q2 2021
% CHANGE
$566,000 $453 22 11
$470,000 $351 23 16
20.43% 29.22% -4.35% -31.25%
Q2 2022
Q2 2021
% CHANGE
$1,319,000 $762 58 20
$1,030,000 $626 67 22
28.06% 21.85% -13.43% -9.09%
Q2 2022
Q2 2021
% CHANGE
$828,000 $532 26 15
$779,000 $445 19 20
19.61% 17.17% 36.84% -25.00%
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
Q2 2022
Q2 2021
% CHANGE
$2,830,000 $990 52 31
$2,511,500 $904 54 46
12.68% 9.56% -3.70% -32.61%
Q2 2022
Q2 2021
% CHANGE
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
$1,475,000 $879 17 19
$1,155,000 $654 28 73
27.71% 34.33% -39.29% -73.97%
Q2 2022
Q2 2021
% CHANGE
$935,000 $579 5 18
NA NA NA NA
NA NA NA NA
Q2 2022
Q2 2021
% CHANGE
$2,350,010 $1,034 22 18
$1,715,000 $906 41 25
37.03% 14.09% -46.34% -28.00%
Q2 2022
Q2 2021
% CHANGE
$895,000 $730 10 10
$825,000 $662 17 31
8.48% 10.24% -41.18% -67.74%
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
Q2 2022
Q2 2021
% CHANGE
$887,000 $678 93 14
$832,500 $613 110 28
6.55% 10.45% -15.45% -50.00%
Q2 2022
Q2 2021
% CHANGE
$625,000 $520 14 17
$570,000 $445 9 14
18.95% 22.63% 22.22% 85.71%
Explore Your Neighborhood Coachella Valley Coachella Valley homes had another exceptional quarter, hitting new all-time highs in price per square foot for the eighth quarter in a row for both single-family homes and condos. In the second quarter of 2022, single-family homes and condos reached record highs in median price and price per square foot. In every neighborhood, single-family homes and condos saw year-over-year increases in median price and average price per square foot. Love of the area is unending and demand is insatiable, which has driven inventory down 47% over the past three years. Extremely low inventory caused sales to decline year-over-year. Similar to the L.A. and San Gabriel Valley markets, prices have increased in the face of rising mortgage rates. Although inventory and sales nudged higher quarter-over-quarter, supply will be the driving factor for prices going forward.
“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
Q2 2022 – Q2 2021 2021
Single Family Homes
2022 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
500
375
250
125
0
0
113
225
338
450
Properties Sold Q2 2022 – Q2 2021
Condominium Homes 2021
2022 Cathedral City North Cathedral City South Indian Wells La Quinta No. of HWY 111 La Quinta S. of H Palm Desert East Palm Desert North Palm Desert South Palm Springs Central Palm Springs North End Palm Springs South End Rancho Mirage
300
225
150
75
0
0
40
80
120
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.
Market Performance By Neighborhood Coachella Valley Area Cathedral City North SFR
Q2 2022
Q2 2021
% CHANGE
$550,000 $326 113 31
$442,500 $265 137 40
24.29% 23.32% -17.52% -22.50%
CONDO
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$315,000 $354 34 31
$201,000 $194 32 46
56.72% 82.42% 6.25% -32.61%
Q2 2022
Q2 2021
% CHANGE
$563,500 $374 48 30
$465,000 $278 42 45
21.18% 34.81% 14.29% -33.33%
CONDO
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$351,000 $247 24 42
$249,000 $181 27 60
40.96% 37.01% -11.11% -30.00%
Q2 2022
Q2 2021
% CHANGE
$1,875,000 $600 81 37
$1,325,000 $424 111 74
41.51% 41.31% -27.03% -50.00%
Q2 2022
Q2 2021
% CHANGE
$686,800 $368 31 29
$545,000 $279 42 51
26.02% 31.92% -26.19% -43.14%
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
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
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$657,350 $329 43 36
$560,000 $264 67 49
17.38% 24.70% -35.82% -26.53%
CONDO
Q2 2022
Q2 2021
% CHANGE
$402,500 $407 14 26
$272,500 $256 16 37
47.71% 59.26% -12.50% -29.73%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
La Quinta South of HWY 111 - Indian Springs SFR
Q2 2022
Q2 2021
% CHANGE
$950,000 $484 272 42
$855,000 $370 440 69
11.11% 31.03% -27.62% -38.18%
CONDO
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$774,975 $384 66 26
$517,250 $302 132 34
49.83% 27.22% -50.00% -23.53%
SFR
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$615,000 $388 74 29
$590,000 $300 98 40
4.24% 29.45% -24.49% -27.50%
CONDO
Q2 2022
Q2 2021
% CHANGE
$530,000 $366 145 24
$374,516 $257 225 36
41.52% 42.46% -35.56% -33.33%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Palm Desert East
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
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$712,500 $364 64 27
$586,000 $281 74 32
21.59% 29.35% -13.51% -15.63%
CONDO
Q2 2022
Q2 2021
% CHANGE
$579,000 $346 71 20
$389,000 $254 111 35
48.84% 35.94% -36.04% -42.86%
Q2 2022
Q2 2021
% CHANGE
$1,285,000 $587 69 28
$931,500 $421 110 68
37.95% 39.66% -37.27% -58.82%
Q2 2022
Q2 2021
% CHANGE
$520,000 $400 83 25
$410,000 $296 94 55
26.83% 35.05% -11.70% -54.55%
Q2 2022
Q2 2021
% CHANGE
$1,450,000 $818 63 28
$1,052,500 $586 101 25
37.77% 39.51% -37.62% 12.00%
Q2 2022
Q2 2021
% CHANGE
$410,000 $341 84 27
$298,000 $269 102 58
37.58% 26.69% -17.65% -53.45%
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
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$825,295 $560 105 24
$775,000 $445 115 31
6.49% 25.97% -8.70% -22.58%
CONDO
Q2 2022
Q2 2021
% CHANGE
$335,000 $388 58 15
$207,500 $277 74 35
61.45% 39.95% -21.62% -57.14%
Q2 2022
Q2 2021
% CHANGE
$1,550,000 $733 78 32
$1,198,500 $537 94 39
29.33% 36.46% -17.02% -17.95%
Q2 2022
Q2 2021
% CHANGE
$450,000 $381 176 ‘ 21
$345,000 $281 191 31
30.43% 35.53% -7.85% -32.26%
Q2 2022
Q2 2021
% CHANGE
$1,200,000 $479 173 32
$900,000 $359 222 53
33.33% 33.35% -22.07% -39.62%
CONDO
Q2 2022
Q2 2021
% CHANGE
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$597,250 $332 100 22
$405,000 $239 136 38
47.47% 38.71% -26.47% -42.11%
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
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
“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.
About Us dppre.com DPP, also known to many as Deasy Penner Podley — dedicates its residential real estate practice to the principle that every home is art.™ With a presence from Malibu to Palm Springs — as well as an international network of like-minded brokerages — DPP brings decades of experience and unmatched expertise to sourcing your most important asset. With 300 exceptional partner-agents, our specialized, collaborative team approach and unique brand transcend the traditional brokerage — allowing us to be a truly integrated, regional firm with a distinct voice. To that end, DPP was recently awarded “Most Innovative Brokerage” by Leading Real Estate Companies of the World. DPP continues to exceed buyer and seller expectations with unparalleled expertise.
Leveraging a 2021 strategic partnership with Side — the Silicon Valley real estate technology firm — we now provide our clients with superior tech and tools that outpace the biggest brokerages, while remaining community-driven, locally-owned and solidly boutique. Our corporate headquarters are in your backyard, not across the county. Decisions are made locally, allowing us to be more nimble, innovative and proactive than the big-box brokerages. We’re involved in the day-to-day business, making us intimately aware of every facet of the firm, our agent partners, and our clients. We care deeply about our Southern California community. Our agents are family; our clients are neighbors. If you ever wish to speak with us, we are always available.
Mike Deasy & George Penner
What’s New On dppre.com
HGTV | 2022 Finalist Amazing Kitchens DPP is excited to announce that our listing has been selected as a finalist in
dpp real estate listings are consistently featured in local, regional and national publications. Our in-house design-centric public relations team’s primary role is to generate editorial coverage for properties we represent. This exposure not only increases awareness, but provides a third-party endorsement and a call to action for qualified prospects.
We share our passion for design on our blog:
dppre.com
HGTV’s Ultimate House Hunt in the “Amazing Kitchens” category. Voting is open from now until August 2. A listing represented by Joshua Gaunya, 832 North Ogden Drive...
Oak Knoll Architectural
The John Sowden House
Located in Pasadena’s
A dazzling neo-Mayan gem
prestigious Oak Knoll area,
built by architect Lloyd
this thoughtfully designed
Wright — has traded hands
contemporary home is the
for $6.16 million in Los Feliz.
perfect venue for large scale
One of Southern California’s
entertaining. Step into the
finest examples of neo-
light infused living room
Mayan architecture, the
with 22’ vaulted ceilings that
singular, striking residence
extends seamlessly into the
resembles a temple but has
private backyard. The space
also drawn comparisons to a
flows into the grand...
cave or the gaping...
Photography © Shawn Bishop
Santa Monica Palm Springs La Cañada Flintridge Pasadena
Altadena Sierra Madre Monrovia Glendora
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