Christelle Masi March 2025 Market Report Southern California Area (1)

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Southern California area

LosAngeles

Jump to Los Angeles Report

Jump to Santa Monica Report

Brentwood

Jump to Brentwood Report

MarinaDelRey

Jump to Marina Del Rey Report

ManhattanBeach

Jump to Manhattan Beach Report

PalosVerdes

Jump to Palos Verdes Report

SantaMonica

ABOUT christelle

She is knowledgeable, professional, and friendly and guides her buyers/sellers through the negotiation and escrow process. She diligently knows the market and finds the perfect properties for her clients, providing superior expertise along the way.

Efficiently negotiating against multiple offers Christelle gets offers accepted. Every client is treated as a top priority when they hire Christelle to be their Realtor.

“YOUR HOME IS MORE THAN JUST A PLACE TO LIVE - IT'S WHERE MEMORIES ARE MADE, DREAMS ARE

Client Testimonials

Christelle was awesome and I would 100% recommend her for residences in West LA. She recently helped me purchase a townhouse / condo in Santa Monica. As a first time buyer, there was a lot that I did not know, and she did a really great job answering all my questions and being my advocate through the negotiations and escrow process. She was also able to recommend other great professionals (lenders, inspectors, etc.) that all made the process run smoothly.

- gpassani

We've used Christelle twice now, in purchasing our first home then selling same and purchasing a new property She was instrumental in every aspect, selecting relevant properties, providing guidance on marketing strategy and managing offers. After we'd had offers accepted she put us in contact with extremely knowledgeable mortgage brokers, etc to close the deals 10/10 would recommend her to family and friends in a heartbeat

- Sarah and Tom Johnson

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What’s your home really worth in today’s market?

That's really the question you should be asking yourself

Our market is in rapidly changin neighborhood, b isn't necessarily neighbors’ hom it’s the current m of your home.

So, do you know in today's marke

I can help...

Contact me for assessment of y

CHRISTELLE M

Realtor®

DRE #01886311 (310) 429 6861

Christelle@Mas

A recent study from the National Association of Realtors (NAR) shows most sellers (61%) completed at least minor repairs when selling their house. But sometimes life gets in the way and that’s just not possible. Maybe that’s why, 39% of sellers chose to sell as-is instead

LosAngeles

What's in the Los Angeles data?

There were 13,983 single-family homes for sale, providing 34 months of inventory

There were 4,005 new listings, and 2,281 homes sold at a median price of $1m. The median overbid percentage was at 98.2%, with an average of 36 days on the market.

There were 5,570 condo and townhome units for sale, providing 3.8 months of inventory. There were 1,542 new listings and 830 units sold at a median sale price of $716k. The median overbid percentage was at 96.5%, with an average of 46 days on the market.

le-Family Homes

005 tings

2,281 Sold Listings

4 of Inventory

8.2% Sale vs List

$1M Median Sale Price

36 Avg Days on Market

urced from Broker Metrics, includes all single-family homes, condos mes in the California Area from February 2024 to February 2025 This e preliminary data, and may vary from the time the data was ll data is deemed reliable but not guaranteed DRE# 01499010 W Advisors Santa Monica | Brentwood | Marina Del Rey 2025 Each pendently owned and operated

Condo & Townhomes

1,542

New Listings

830

Sold Listings

3.8

Months of Inventory

$716K

Median Sale Price 96.5%

Median Sale vs List

46 Avg Days on Market

LosAngeles

FEBRUARY 2024 - FEBRUARY 2025

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Single-Family Homes

The median sale price has increased from $950k last February 2024, to $1m as of February 2025

Condos & Townhomes

The median sale price has increased from $660k last February 2024, to $716k as of February 2025

Single-Family Homes

The average time spent on the market went up from 32 days last February 2024, to 36 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 37 days in February 2024, to 46 days as of February 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last February 2024, to 982% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.2% last February 2024, to 96.5% a year later.

Santa Monica

What's in the Sa data?

There were 148 single-fam providing 4.7 months of in were 36 new listings, and median price of $5.1m. Th percentage was at 1079% of 28 days on the market.

There were 195 condo and for sale, providing 3.6 mon

There were 72 new listing at a median sale price of $ overbid percentage was a average of 50 days on the

36 New Listings

30 Sold Listings

4.7 Months of Inventory

$5.1M Median Sale Price

107.9% Median Sale vs List

28 Avg Days on Market

amily homes, condos o February 2025 This time the data was eed DRE# 01499010 a Del Rey 2025 Each

Condo & Townhomes

72

New Listings

38 Sold Listings

3.6

Months of Inventory

$1.5M

Median Sale Price 98.4%

Median Sale vs List

50 Avg Days on Market

ntaMonica

UARY 2024 - FEBRUARY 2025

TINGS FOR SALE SOLD LISTINGS

-Family Homes

2 months, year-over-year.

os & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $27m last February 2024, to $51m as of February 2025

Condos & Townhomes

The median sale price has increased from $1m last February 2024, to $15m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last February 2024, to 28 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 44 days in February 2024, to 50 days as of February 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 101% last February 2024, to 1079% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.9% last February 2024, to 98.4% a year later.

Brentwood

What's in the Brentwood data?

There were 186 single-family homes for sale, providing 46 months of inventory There were 65 new listings, and 23 homes sold at a median price of $5.1m. The median overbid percentage was at 95.5%, with an average of 42 days on the market.

There were 103 condo and townhome units for sale, providing 3.7 months of inventory. There were 31 new listings and 12 units sold at a median sale price of $1.5m. The median overbid percentage was at 100.7%, with an average of 32 days on the market.

Single-Family Homes

65 New Listings

4.6 Months of Inventory

23 Sold Listings

$5.1M Median Sale Price

95.5%

Median Sale vs List

42 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2024 to February 2025 This may include preliminary data, and may vary from the time the data was gathered All data is deemed reliable but not guaranteed DRE# 01499010

Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025 Each office is independently owned and operated

Condo & Townhomes

31

New Listings

12

Sold Listings

3.7

Months of Inventory

$1.5M

Median Sale Price

100.7%

Median Sale vs List

32 Avg Days on Market

FEBRUARY 2024 - FEBRUARY 2025 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $31m last February 2024, to $51m as of February 2025

Condos & Townhomes

The median sale price has increased from $12m last February 2024, to $15m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 29 days last February 2024, to 42 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 33 days in February 2024, to 32 days as of February 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 944% last February 2024, to 955% a year later

Condos & Townhomes

The overbid percentage has increased from 917% last February 2024, to 100.7% a year later.

Marina DelRey

What's in the Marina Del Rey data?

There were 30 single-family homes for sale, providing 5.5 months of inventory. There were 5 new listings, and 5 homes sold at a median price of $3.2m. The median overbid percentage was at 991%, with an average of 52 days on the market.

There were 108 condo and townhome units for sale, providing 3.7 months of inventory. There were 32 new listings and 30 units sold at a median sale price of $1.3m. The median overbid percentage was at 96.7%, with an average of 49 days on the market.

Single-Family Homes

5 New Listings

5.5 Months of Inventory

5 Sold Listings

$3.2M Median Sale Price

99.1% Median Sale vs List

52 Avg Days on Market

e data, sourced from Broker Metrics, includes all single-family homes, condos d townhomes in the California Area from February 2024 to February 2025 This ay include preliminary data, and may vary from the time the data was thered All data is deemed reliable but not guaranteed DRE# 01499010 opyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2025 Each ice is independently owned and operated

Condo & Townhomes

32

New Listings

30 Sold Listings

3.7

Months of Inventory

$1.3M

Median Sale Price 96.7%

Median Sale vs List

49 Avg Days on Market

MarinaDelRey

FEBRUARY 2024 - FEBRUARY 2025

LISTINGS FOR SALE SOLD LISTINGS

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Single-Family Homes

The median sale price has increased from $16m last February 2024, to $32m as of February 2025

Condos & Townhomes

The median sale price has increased from $12m last February 2024, to $13m as of February 2025

Single-Family Homes

The average time spent on the market went up from 5 days last February 2024, to 52 days as of February 2025

Condos & Townhomes

The average time spent on the market went up from 46 days in January 2024, to 53 days as of January 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 96.6% last February 2024, to 991% a year later

Condos & Townhomes

The overbid percentage has increased from 955% last February 2024, to 96.7% a year later.

ManhattanBeach

What's in the Manhattan data?

There were 104 single-family homes for providing 2.5 months of inventory. There were 37 new listings, and 13 home sold a median price of $3.5m. The median ove percentage was at 99.7%, with an averag 21 days on the market.

There were 23 condo and townhome un for sale, providing 4.5 months of invento There were 12 new listings and 4 unit so a median sale price of $2.m. The median overbid percentage was at 0%, with an average of 50 days on the market

37 New Listings

2.5 Months of Inventory

13 Sold Listing

$3.5M Median Sale Price

99.7% Median Sale vs List

21 Avg Days on Market

Listings

4.5

Months of Inventory

$2M Median Sale Price 0%

Median Sale vs List 50 Avg Days on Market 4 Sold Listing

ManhattanBeach

FEBRUARY 2024 - FEBRUARY 2025 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $38m last February 2024, to $35m as of February 2025

Condos & Townhomes

The median sale price has increased from $19m last February 2024, to $2m as of February 2025

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 58 days last February 2024, to 21 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 60 days in February 2024, to 50 days as of February 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 96.7% last February 2024, to 997% a year later

Condos & Townhomes

The overbid percentage has increased from 969% last February 2024, to 99.3% a year later.

PalosVerde

What's in the Pa data?

There were 72 single-fam providing 3.8 months of in were 25 new listings, and median price of $2.2m. Th percentage was at 981%, 34 days on the market.

There were 3 condo and t sale, providing 2 months were 2 new listings and 0 median sale price of $0. T percentage was at 0%, wi days on the market

25 New Listings

10 Sold Listings

3.8 Months of Inventory

$2.2M Median Sale Price

98.1% Median Sale vs List

34 Avg Days on Market

amily homes, condos o February 2025 This time the data was eed DRE# 01499010 a Del Rey 2025 Each

Condo & Townhomes

New Listings

2 Months of Inventory $0

Median Sale Price 0%

Median Sale vs List 0 Avg Days on Market 0 Sold Listings

losVerdes

UARY 2024 - FEBRUARY 2025

TINGS FOR SALE SOLD LISTINGS

-Family Homes

2 months, year-over-year.

os & Townhomes

2 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $29m last February 2024, to $22m as of February 2025

Condos & Townhomes

The median sale price has increased from $0 last February 2024, to $0 as of February 2025

Single-Family Homes

The average time spent on the market went up from 39 days last February 2024, to 34 days as of February 2025

Condos & Townhomes

The average time spent on the market went down from 0 days in February 2024, to 0 days as of February 2025

Overbids

Single-Family Homes

The overbid percentage has increased from 92.8% last February 2024, to 981% a year later

Condos & Townhomes

The overbid percentage has increased from 0% last February 2024, to 0% a year later.

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