Evan Collins - April Market Report | Southern California Area by Procasa Technologies, Inc

Southern California area

Los Angeles

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Santa Monica

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Brentwood

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Marina Del Rey

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Pacific Palisades

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Culver City

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Sherman Oaks

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Studio City

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Westlake Village

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Playa Del Rey

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Venice

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West Hollywood

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Beverly Hills

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Riverside County

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Encino

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San Diego County

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Inglewood

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Orange County

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Topanga City

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth today's market?

Contact me for a confidential, no obligation assessment of your home's value.

Icanhelp...

WhyOverpricingYourHouse CanCostYou

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away.

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Looking to lighten the mood in your laundry room?

To Look Out For EIGHTEYE-

These refreshing colors make the wash-and-dry chore a little more pleasant.

CATCHING Laundry Room Colors

Tranquil Blue

View it here

Sage Green

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Eight Colrs fo Laundry

White

View it here

Yellow

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Gray

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Dusty Pink

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Navy Blue

View it here

Purple

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Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

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LosAn

What's in the Los A

There were 11,717 single-fam providing 2.2 months of inve 3,602 new listings, and 2,684 median price of $955k. The m percentage was at 98.5%, wi days on the market.

There were 4,429 condo and sale, providing 2 2 months of were 1,356 new listings and 1 median sale price of $698k. T percentage was at 98.8%, wi days on the market.

5K Price 84 s Market

single-family homes, condos and 2024. This may include gathered. All data is deemed Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

MARCH 2023 - MARCH 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

osAngeles

0 2,000 4,000 6,000 8000 10000 12000 14000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024 0 1000 2,000 3000 4,000 5000 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 Mar2024

LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sale price has increased from $885k last March 2023, to $955k as of March 2024

Condos & Townhomes

The median sale price has increased from $655k last March 2023, to $698k as of March 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 37 days last March 2023, to 32 days as of March 2024

Condos & Townhomes

The average time spent on the market went down from 37 days in March 2023, to 36 days as of March 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 7% last March 2023, to 98 5% a year later

Condos & Townhomes

The overbid percentage has increased from 97.3% last March 2023, to 98.8% a year later.

Back to Table of Contents $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024Mar2024 0 10 20 30 40 50 Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024 000% 2000% 4000% 6000% 8000% 10000% 12000% Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024Mar2024

Santa Monica

What's in the Sant data?

There were 128 single-family providing 6 months of invent new listings, and 8 homes so of $3.6m. The median overbi 94 4%, with an average of 61

There were 147 condo and to sale, providing 2.5 months of were 41 new listings and 26 sale price of $1.3m. The med percentage was at 98.9%, wi days on the market.

26 New Listings

6 Months of Inventory

94.4% Median Sale vs List

8 Sold Listings

$3.6M Median Sale Price

61 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from March 2023 to March 2024. 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 2024. Each office is independently owned and operated.

CONDO Condo & Townhomes 41 New Listings 2.5 Months of Inventory $1.3M Median Sale Price 98.9% Median Sale vs List 38 Avg Days on Market 26 Sold Listings