Sang Yu-October 2023 Market Report | SoCal

October 2023

Copyright by KW Advisors 2023

Southern California area Los Angeles

Culver City

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Santa Monica

Sherman Oaks

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Brentwood

Studio City

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Marina Del Rey

Westlake Village

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Pacific Palisades

Playa Del Rey

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Venice

San Diego County

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West Hollywood

Inglewood

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Beverly Hills

Orange County

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Riverside County Jump to Riverside County Report

Encino Jump to Encino Report

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

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 in today's market?

I can help...

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

Understanding the Benefits of Owning Your First Home

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup: “When asked why they purchased their first home recently, the answer was simple: because they wanted to. Either the desire to stop renting or recognition that homeownership is a smart financial investment was the main motivator for 72% of respondents.”

While that survey looked specifically at first-time homebuyers buying newly built homes, the same sentiment is true for just about anyone buying their first home. Here’s a bit more information to help you think about those two benefits of homeownership to see if they’re a key factor for you, too.

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F FOUR Essential E Tips T Considering living in your house during a remodel?

Opting to stay living in your home during a remodel can feel like a stressful and cramped arrangement. It can be frustrating to live amidst subcontractors coming and going, noise levels, dust and debris, and rotating schedules.

If you’re considering staying in your home during a remodel, we have a handful of tips that will help you master your planning (and muster your patience):

Four Essentia Tips!

Protect kids, elderly, and pets

Be sure to contain and clean the areas that you

Move any food, supplies, and belongings

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Strategize renovating one bathroom at a time

will be using to ensure that your children,

seniors, and pets are out of harm's way and breathing clean air.

throughout the project and moving them to a room that will remain utilized throughout the

process. Organize boxes of items by category so that they’re easy to locate and keep tidy.

alternate routes can be set up to help keep you and your family clear of dust, noise, and any dangers from the active worksite.

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Los Angeles What's in the Los Angeles data?

There were 12,071 single-family homes for sale, providing 2.8 months of inventory. There were 3,580 new listings, and 2,658 homes sold at a median price of $940k. The median overbid percentage was 98.2%, with an average of 30 days on the market.

There were 4,134 condo and townhome units for sale, providing 3 months of inventory. There were 1,295 new listings and 891 units sold at a median price of $675k. The median overbid percentage was 99%, with an average of 31 days on the market.

SFH

Single-Family Homes

3,580

2,658

New Listings

Sold Listings

2.8

$940K

Months of Inventory

Median Sale Price

98.2%

30

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

1,295

891

New Listings

Sold Listings

3

$675K

Months of Inventory

Median Sale Price

99%

31

Median Sale vs List

Avg Days on Market

Los Angeles SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

20,000

15,000

10,000

5,000

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

6,000

4,000

2,000

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$1,000,000

$750,000

Single-Family Homes The median sales price has increased from $909k last September 2022, to $940k as of September 2023.

$500,000

$250,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $650k last September 2022, to $675k as of September 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 34 days last September 2022, to 30 days as of September 2023.

20

10

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 97.4% last September 2022, to 99% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 96.3% last September 2022, to 98.2% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 33 days in September 2022, to 31 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Santa Monica What's in the Santa Monica data?

There were 145 single-family homes for sale, providing 7.1 months of inventory. There were 38 new listings and 18 homes sold at a median price of $3.2m. The median overbid percentage was 98.9%, with an average of 34 days on the market.

There were 140 condo and townhome units for sale, providing 5 months of inventory. There were 47 new listings and 27 units sold at a median price of $1.1m. The median overbid percentage was 100.8%, with an average of 27 days on the market.

SFH

Single-Family Homes

38

18

New Listings

Sold Listings

7.1

$3.2M

Months of Inventory

Median Sale Price

98.9%

34

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

47

27

New Listings

Sold Listings

5

$1.1M

Months of Inventory

Median Sale Price

100.8%

27

Median Sale vs List

Avg Days on Market

Santa Monica SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

200

150

100

50

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$10,000,000

$7,500,000

Single-Family Homes The median sales price has decreased from $4.3m last September 2022, to $3.2m as of September 2023.

$5,000,000

$2,500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $1.3m last September 2022, to $1.1m as of September 2023.

AVG Days On the Market

100

75

Single-Family Homes The average time spent on the market went down from 45 days last September 2022, to 34 days as of September 2023.

50

25

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 93.9% last September 2022, to 100.8% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has decreased from 99.9% last September 2022, to 98.9% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 43 days in September 2022, to 27 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Brentwood What's in the Brentwood data?

There were 119 single-family homes for sale, providing 12.9 months of inventory. There were 26 new listings and 9 homes sold at a median price of $2.9m. The median overbid percentage was 99.4%, with an average of 34 days on the market.

There were 74 condo and townhome units for sale, providing 6.6 months of inventory. There were 25 new listings and 12 units sold at a median price of $1m. The median overbid percentage was 98.2%, with an average of 20 days on the market.

SFH

Single-Family Homes

26

9

New Listings

Sold Listings

12.9

$2.9M

Months of Inventory

Median Sale Price

99.4%

34

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

25

12

New Listings

Sold Listings

6.6

$1M

Months of Inventory

Median Sale Price

98.2%

20

Median Sale vs List

Avg Days on Market

Brentwood SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

75

50

25

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$7,500,000

$5,000,000

Single-Family Homes The median sales price has decreased from $3.6m last September 2022, to $2.9m as of September 2023.

$2,500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $1.1m last September 2022, to $1m as of September 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 42 days last September 2022, to 34 days as of September 2023.

20

Condos & Townhomes

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3 20 22

20 23 Ju n

M ay

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

Ap r2 02 3

M ay

20 23

M ar 20 23

Se p

Fe b

0%

De c

The overbid percentage has remained at 98.2% since September 2022.

20 22

25%

Ja n

50%

Condos & Townhomes

Back to Table of Contents

20 23

Ap r2 02 3

75%

20 22

The overbid percentage has increased from 93.3% last September 2022, to 99.4% a year later.

100%

N ov

Single-Family Homes

The average time spent on the market has remained at 20 days since September 2022.

125%

O ct 20 22

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Marina Del Rey What's in the Marina Del Rey data?

There were 16 single-family homes for sale, providing 6.5 months of inventory. There were 0 new listings, and 1 home sold at a median price of $3.5m. The median overbid percentage was 96.5%, with an average of 42 days on the market.

There were 97 condo and townhome units for sale, providing 4.9 months of inventory. There were 24 new listings and 20 units sold at a median price of $1.3m. The median overbid percentage was 96.7%, with an average of 32 days on the market.

SFH

Single-Family Homes

0

1

New Listings

Sold Listing

6.5

$3.5M

Months of Inventory

Median Sale Price

96.5%

42

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

24

20

New Listings

Sold Listings

4.9

$1.3M

Months of Inventory

Median Sale Price

96.7%

32

Median Sale vs List

Avg Days on Market

Marina Del Rey SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

40

30

20

10

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

125

100

75

50

25

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$10,000,000

$7,500,000

Single-Family Homes The median sales price has increased from $0 last September 2022, to $3.5m as of September 2023.

$5,000,000

$2,500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $1.1m last September 2022, to $1.3m as of September 2023.

AVG Days On the Market

125

100

Single-Family Homes

75

The average time spent on the market went up from 38 days last September 2022, to 42 days as of September 2023.

50

25

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has decreased from 96.9% last September 2022, to 96.7% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 0% last September 2022, to 96.5% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went up from 21 days in September 2022, to 32 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Pacific Palisades What's in the Pacific Palisades data?

There were 127 single-family homes for sale, providing 6.9 months of inventory. There were 31 new listings, and 14 homes sold at a median price of $5.3m. The median overbid percentage was 97.9%, with an average of 26 days on the market.

There were 27 condo and townhome units for sale, providing 3.4 months of inventory. There were 10 new listings and 5 units sold at a median price of $1.4m. The median overbid percentage was 92.4%, with an average of 50 days on the market.

SFH

Single-Family Homes

31

14

New Listings

Sold Listings

6.9

$5.3M

Months of Inventory

Median Sale Price

97.9%

26

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

10

5

New Listings

Sold Listings

3.4

$1.4M

Months of Inventory

Median Sale Price

92.4%

50

Median Sale vs List

Avg Days on Market

Pacific Palisades SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

50

40

30

20

10

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$7,500,000

$5,000,000

Single-Family Homes The median sales price has increased from $4.4m last September 2022, to $5.3m as of September 2023.

$2,500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $1.8m last September 2022, to $1.4m as of September 2023.

AVG Days On the Market

200

150

Single-Family Homes The average time spent on the market went down from 56 days last September 2022, to 26 days as of September 2023.

100

50

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has decreased from 99.3% last September 2022, to 92.4% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 97.5% last September 2022, to 97.9% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went up from 30 days in September 2022, to 50 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Culver City What's in the Culver City data?

There were 84 single-family homes for sale, providing 2.7 months of inventory. There were 27 new listings and 15 homes sold at a median price of $1.8m. The median overbid percentage was 96.3%, with an average of 24 days on the market.

There were 40 condo and townhome units for sale, providing 3.4 months of inventory. There were 13 new listings and 6 units sold at a median price of $659k. The median overbid percentage was 102.3%, with an average of 30 days on the market.

SFH

Single-Family Homes

27

15

New Listings

Sold Listings

2.7

$1.8M

Months of Inventory

Median Sale Price

96.3%

24

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

13

6

New Listings

Sold Listings

3.4

$659K

Months of Inventory

Median Sale Price

102.3%

30

Median Sale vs List

Avg Days on Market

Culver City SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

100

75

50

25

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

75

50

25

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.6m last September 2022, to $1.8m as of September 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $660k last September 2022, to $659k as of September 2023.

AVG Days On the Market

75

50

Single-Family Homes The average time spent on the market went up from 18 days last September 2022, to 24 days as of September 2023.

25

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 99.7% last September 2022, to 102.3% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has decreased from 96.7% last September 2022, to 96.3% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went up from 29 days in September 2022, to 30 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Sherman Oaks What's in the Sherman Oaks data?

There were 179 single-family homes for sale, providing 3.4 months of inventory. There were 58 new listings and 36 homes sold at a median price of $1.8m. The median overbid percentage was 98.3%, with an average of 21 days on the market.

There were 51 condo and townhome units for sale, providing 2.1 months of inventory. There were 15 new listings and 13 units sold at a median price of $729k. The median overbid percentage was 100.4%, with an average of 25 days on the market.

SFH

Single-Family Homes

58

36

New Listings

Sold Listings

3.4

$1.8M

Months of Inventory

Median Sale Price

98.3%

21

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

15

13

New Listings

Sold Listings

2.1

$729K

Months of Inventory

Median Sale Price

100.4%

25

Median Sale vs List

Avg Days on Market

Sherman Oaks SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

200

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

80

60

40

20

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$2,000,000

$1,500,000

Single-Family Homes The median sales price has increased from $1.5m last September 2022, to $1.8m as of September 2023.

$1,000,000

$500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $764k last September 2022, to $729k as of September 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 31 days last September 2022, to 21 days as of September 2023.

20

10

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 97.7% last September 2022, to 100.4% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 96.4% last September 2022, to 98.3% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 32 days in September 2022, to 25 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Studio City What's in the Studio City data?

There were 129 single-family homes for sale, providing 5.9 months of inventory. There were 37 new listings and 19 homes sold at a median price of $2.2m. The median overbid percentage was 93.2%, with an average of 19 days on the market.

There were 40 condo and townhome units for sale, providing 2.7 months of inventory. There were 17 new listings and 16 units sold at a median price of $940k. The median overbid percentage was 101.2%, with an average of 21 days on the market.

SFH

Single-Family Homes

37

19

New Listings

Sold Listings

5.9

$2.2M

Months of Inventory

Median Sale Price

93.2%

19

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

17

16

New Listings

Sold Listings

2.7

$940K

Months of Inventory

Median Sale Price

101.2%

21

Median Sale vs List

Avg Days on Market

Studio City SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

50

40

30

20

10

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$4,000,000

$3,000,000

Single-Family Homes The median sales price has increased from $2m last September 2022, to $2.2m as of September 2023.

$2,000,000

$1,000,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $735k last September 2022, to $940k as of September 2023.

AVG Days On the Market

125

100

Single-Family Homes

75

The average time spent on the market went down from 39 days last September 2022, to 19 days as of September 2023.

50

25

Condos & Townhomes

Back to Table of Contents

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23

20 22

M ay

Ju n

20 23

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 99.6% last September 2022, to 101.2% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has decreased from 96.1% last September 2022, to 93.2% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 32 days in September 2022, to 21 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Westlake Village What's in the Westlake Village data?

There were 115 single-family homes for sale, providing 2.4 months of inventory. There were 32 new listings and 18 homes sold at a median price of $2.1m. The median overbid percentage was 94.2%, with an average of 41 days on the market.

There were 54 condo and townhome units for sale, providing 1.7 months of inventory. There were 18 new listings and 10 units sold at a median price of $867k. The median overbid percentage was 95.2%, with an average of 43 days on the market.

SFH

Single-Family Homes

32

18

New Listings

Sold Listings

2.4

$2.1M

Months of Inventory

Median Sale Price

94.2%

41

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

18

10

New Listings

Sold Listings

1.7

$867K

Months of Inventory

Median Sale Price

95.2%

43

Median Sale vs List

Avg Days on Market

Westlake Village SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

60

40

20

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$2,500,000

$2,000,000

Single-Family Homes The median sales price has increased from $1.6m last September 2022, to $2.1m as of September 2023.

$1,500,000

$1,000,000

$500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23 Ja n

N ov

De c

O ct 20 22

20 22

20 22 Se p

20 22

$0

The median sales price has increased from $845k last September 2022, to $867k as of September 2023.

AVG Days On the Market

100

75

Single-Family Homes The average time spent on the market went down from 56 days last September 2022, to 41 days as of September 2023.

50

25

Condos & Townhomes

Back to Table of Contents

20 23 Au g

Ju l2 02 3

20 23 Ju n

20 23 M ay

Ap r2 02 3

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

0%

De c

20 23

M ar 20 23 25%

20 22

The overbid percentage has decreased from 100.1% last September 2022, to 95.2% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has decreased from 98.2% last September 2022, to 94.2% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went up from 38 days in September 2022, to 43 days as of September 2023.

125%

Se p

Overbids

Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Playa Del Rey What's in the Playa Del Rey data?

There were 23 single-family homes for sale, providing 8 months of inventory. There were 7 new listings, and 3 homes sold at a median price of $2.6m. The median overbid percentage was 95.1%, with an average of 18 days on the market.

There were 32 condo and townhome units for sale, providing 8 months of inventory. There were 8 new listings and 4 units sold at a median price of $718k. The median overbid percentage was 98.8%, with an average of 40 days on the market.

SFH

Single-Family Homes

7

3

New Listings

Sold Listings

8

$2.6M

Months of Inventory

Median Sale Price

95.1%

18

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

8

4

New Listings

Sold Listings

8

$718K

Months of Inventory

Median Sale Price

98.8%

40

Median Sale vs List

Avg Days on Market

Playa Del Rey SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

30

20

10

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

40

30

20

10

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$4,000,000

$3,000,000

Single-Family Homes The median sales price has decreased from $3m last September 2022, to $2.6m as of September 2023.

$2,000,000

$1,000,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $750k last September 2022, to $718k as of September 2023.

AVG Days On the Market

250

200

Single-Family Homes

150

The average time spent on the market went down from 97 days last September 2022, to 18 days as of September 2023.

100

50

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has decreased from 99.1% last September 2022, to 98.8% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has decreased from 97.9% last September 2022, to 95.1% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 45 days in September 2022, to 40 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Venice What's in the Venice data?

There were 135 single-family homes for sale, providing 4.2 months of inventory. There were 45 new listings, and 15 homes sold at a median price of $2.4m. The median overbid percentage was 94.7%, with an average of 33 days on the market.

There were 18 condo and townhome units for sale, providing 15 months of inventory. There were 7 new listings, and 1 unit sold at a median price of $1.3m. The median overbid percentage was 100%, with an average of 11 days on the market.

SFH

Single-Family Homes

45

15

New Listings

Sold Listings

4.2

$2.4M

Months of Inventory

Median Sale Price

94.7%

33

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

7

1

New Listings

Sold Listing

15

$1.3M

Months of Inventory

Median Sale Price

100%

11

Median Sale vs List

Avg Days on Market

Venice SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

40

30

20

10

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$3,000,000

$2,000,000

Single-Family Homes The median sales price has increased from $2.46m last September 2022, to $2.47m as of September 2023.

$1,000,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $1m last September 2022, to $1.3m as of September 2023.

AVG Days On the Market

100

75

Single-Family Homes The average time spent on the market went up from 28 days last September 2022, to 33 days as of September 2023.

50

25

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 98.3% last September 2022, to 100% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 94.6% last September 2022, to 94.7% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 36 days in September 2022, to 11 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

West Hollywood What's in the West Hollywood data?

There were 48 single-family homes for sale, providing 19.5 months of inventory. There were 10 new listings, and 3 homes sold at a median price of $1.7m. The median overbid percentage was 88.8%, with an average of 40 days on the market.

There were 177 condo and townhome units for sale, providing 5 months of inventory. There were 51 new listings and 25 units sold at a median price of $820k. The median overbid percentage was 96.6%, with an average of 44 days on the market.

SFH

Single-Family Homes

10

3

New Listings

Sold Listings

19.5

$1.7M

Months of Inventory

Median Sale Price

88.8%

40

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

51

25

New Listings

Sold Listings

5

$820K

Months of Inventory

Median Sale Price

96.6%

44

Median Sale vs List

Avg Days on Market

West Hollywood SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

75

50

25

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

200

150

100

50

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$3,000,000

$2,000,000

Single-Family Homes The median sales price has decreased from $2.2m last September 2022, to $1.7m as of September 2023.

$1,000,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $1m last September 2022, to $820k as of September 2023.

AVG Days On the Market

150

100

Single-Family Homes The average time spent on the market went up from 23 days last September 2022, to 40 days as of September 2023.

50

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 94.7% last September 2022, to 96.6% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has decreased from 92.8% last September 2022, to 88.8% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went up from 34 days in September 2022, to 44 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Beverly Hills What's in the Beverly Hills data?

There were 254 single-family homes for sale, providing 12.4 months of inventory. There were 41 new listings, and 14 homes sold at a median price of $3.7m. The median overbid percentage was 96.6%, with an average of 68 days on the market.

There were 73 condo and townhome units for sale, providing 9.5 months of inventory. There were 19 new listings and 5 units sold at a median sale price of $1.4m. The median overbid percentage was 96.6%, with an average of 46 days on the market.

SFH

Single-Family Homes

41

14

New Listings

Sold Listings

12.4

$3.7M

Months of Inventory

Median Sale Price

96.6%

68

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

19

5

New Listings

Sold Listings

9.5

$1.4M

Months of Inventory

Median Sale Price

96.6%

46

Median Sale vs List

Avg Days on Market

Beverly Hills SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

300

200

100

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

75

50

25

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$10,000,000

$7,500,000

Single-Family Homes The median sales price has decreased from $4m last September 2022, to $3.7m as of September 2023.

$5,000,000

$2,500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $2m last September 2022, to $1.4m as of September 2023.

AVG Days On the Market

125

100

Single-Family Homes

75

The average time spent on the market went up from 44 days last September 2022, to 68 days as of September 2023.

50

25

Condos & Townhomes

Se p

20 23

20 23

Au g 20 23

20 23 Ju n

M ay

Ju l2 02 3

The overbid percentage has increased from 89.6% last September 2022, to 96.6% a year later.

50%

Back to Table of Contents

20 22

75%

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

De c

N ov

20 22

20 22

0%

Se p

The overbid percentage has increased from 91.3% last September 2022, to 96.6% a year later.

20 23

Ap r2 02 3

Single-Family Homes

Condos & Townhomes

The average time spent on the market went down from 47 days in September 2022, to 46 days as of September 2023.

100%

O ct 20 22

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Riverside County What's in the Riverside County data?

There were 7,511 single-family homes for sale, providing 2.7 months of inventory. There were 2,088 new listings and 1,551 homes sold at a median price of $590k. The median overbid percentage was 97.5%, with an average of 37 days on the market.

There were 1,367 condo and townhome units for sale, providing 3.9 months of inventory. There were 337 new listings and 228 units sold at a median price of $443k. The median overbid percentage was 97.7%, with an average of 43 days on the market.

SFH

Single-Family Homes

2,088

1,551

New Listings

Sold Listings

2.7

$590K

Months of Inventory

Median Sale Price

97.5%

37

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

337

228

New Listings

Sold Listings

3.9

$443K

Months of Inventory

Median Sale Price

97.7%

43

Median Sale vs List

Avg Days on Market

Riverside County SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

12,500

10,000

7,500

5,000

2,500

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

2,000

1,500

1,000

500

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$750,000

$500,000

Single-Family Homes The median sales price has increased from $580k last September 2022, to $590k as of September 2023.

$250,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $436k last September 2022, to $443k as of September 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 39 days last September 2022, to 37 days as of September 2023.

20

Condos & Townhomes

Au g

20 23

Se p

20 23 20 23

20 23 Ju n

20 23

Ju l2 02 3

The overbid percentage has increased from 96% last September 2022, to 97.5% a year later.

50%

Back to Table of Contents

20 22

75%

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

De c

N ov

20 22

20 22

0%

Se p

The overbid percentage has increased from 96.8% last September 2022, to 97.7% a year later.

M ay

Ap r2 02 3

Single-Family Homes

Condos & Townhomes

The average time spent on the market went up from 38 days in September 2022, to 43 days as of September 2023.

100%

O ct 20 22

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Encino What's in the Encino data?

There were 180 single-family homes for sale, providing 7.4 months of inventory. There were 52 new listings and 22 homes sold at a median price of $1.5m. The median overbid percentage was 97.3%, with an average of 27 days on the market.

There were 56 condo and townhome units for sale, providing 2.4 months of inventory. There were 13 new listings and 18 units sold at a median sale price of $725k. The median overbid percentage was 97.8%, with an average of 35 days on the market.

SFH

Single-Family Homes

52

22

New Listings

Sold Listings

7.4

$1.5M

Months of Inventory

Median Sale Price

97.3%

27

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

13

18

New Listings

Sold Listings

2.4

$725K

Months of Inventory

Median Sale Price

97.8%

35

Median Sale vs List

Avg Days on Market

Encino SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

250

200

150

100

50

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

100

75

50

25

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$4,000,000

$3,000,000

Single-Family Homes The median sales price has decreased from $2.3m last September 2022, to $1.5m as of September 2023.

$2,000,000

$1,000,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $430k last September 2022, to $725k as of September 2023.

AVG Days On the Market

60

40

Single-Family Homes The average time spent on the market went down from 35 days last September 2022, to 27 days as of September 2023.

20

Condos & Townhomes

Au g

20 23

Se p

20 23 20 23

20 23 Ju n

20 23

Ju l2 02 3

The overbid percentage has increased from 94.7% last September 2022, to 97.3% a year later.

50%

Back to Table of Contents

20 22

75%

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

Ja n

De c

N ov

20 22

20 22

0%

Se p

The overbid percentage has decreased from 97.9% last September 2022, to 97.8% a year later.

M ay

Ap r2 02 3

Single-Family Homes

Condos & Townhomes

The average time spent on the market went up from 19 days in September 2022, to 35 days as of September 2023.

100%

O ct 20 22

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

San Diego County What's in the San Diego County data?

There were 4,933 single-family homes for sale, providing 2.7 months of inventory. There were 1,386 new listings and 1,068 homes sold at a median price of $975k. The median overbid percentage was 98%, with an average of 22 days on the market.

There were 2,099 condo and townhome units for sale, providing 2.2 months of inventory. There were 699 new listings and 540 units sold at a median price of $650k. The median overbid percentage was 99.7%, with an average of 21 days on the market.

SFH

Single-Family Homes

1,386

1,068

New Listings

Sold Listings

2.7

$975K

Months of Inventory

Median Sale Price

98%

22

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

699

540

New Listings

Sold Listings

2.2

$650K

Months of Inventory

Median Sale Price

99.7%

21

Median Sale vs List

Avg Days on Market

San Diego County SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

8,000

6,000

4,000

2,000

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

4,000

3,000

2,000

1,000

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$1,250,000

$1,000,000

Single-Family Homes

$750,000

The median sales price has increased from $900k last September 2022, to $975k as of September 2023.

$500,000

$250,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $591k last September 2022, to $650k as of September 2023.

AVG Days On the Market

40

30

Single-Family Homes The average time spent on the market went down from 28 days last September 2022, to 22 days as of September 2023.

20

10

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 96.9% last September 2022, to 99.7% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 94.9% last September 2022, to 98% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 29 days in September 2022, to 21 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Inglewood What's in the Inglewood data?

There were 76 single-family homes for sale, providing 3.6 months of inventory. There were 19 new listings and 11 homes sold at a median price of $785k. The median overbid percentage was 100.6%, with an average of 28 days on the market.

There were 46 condo and townhome units for sale, providing 3.6 months of inventory. There were 18 new listings and 7 units sold at a median price of $444k. The median overbid percentage was 98.5%, with an average of 36 days on the market.

SFH

Single-Family Homes

19

11

New Listings

Sold Listings

3.6

$785K

Months of Inventory

Median Sale Price

100.6% 28 Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

18

7

New Listings

Sold Listings

3.6

$444K

Months of Inventory

Median Sale Price

98.5%

36

Median Sale vs List

Avg Days on Market

Inglewood SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

100

75

50

25

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

60

40

20

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$1,250,000

$1,000,000

Single-Family Homes

$750,000

The median sales price has decreased from $1m last September 2022, to $785k as of September 2023.

$500,000

$250,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has decreased from $655k last September 2022, to $444k as of September 2023.

AVG Days On the Market

100

75

Single-Family Homes The average time spent on the market went down from 38 days last September 2022, to 28 days as of September 2023.

50

25

Condos & Townhomes

Back to Table of Contents

20 23

20 23 20 23

Au g

Se p

Ju l2 02 3 20 22

20 23 Ju n

20 23

M ay

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has decreased from 99.8% last September 2022, to 98.5% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 95.7% last September 2022, to 100.6% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 39 days in September 2022, to 36 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Orange County What's in the Orange County data?

There were 3,461 single-family homes for sale, providing 1.9 months of inventory. There were 1,073 new listings and 1,034 homes sold at a median price of $1.3m. The median overbid percentage was 97.6%, with an average of 29 days on the market.

There were 1,587 condo and townhome units for sale, providing 1.6 months of inventory. There were 564 new listings and 545 units sold at a median price of $745k. The median overbid percentage was 100%, with an average of 26 days on the market.

SFH

Single-Family Homes

1,073

1,034

New Listings

Sold Listings

1.9

$1.3M

Months of Inventory

Median Sale Price

97.6%

29

Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. 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 2023. Each office is independently owned and operated.

CONDO

Condo & Townhomes

564

545

New Listings

Sold Listings

1.6

$745K

Months of Inventory

Median Sale Price

100%

26

Median Sale vs List

Avg Days on Market

Orange County SEPTEMBER 2022 - SEPTEMBER 2023

L I S T INGS FOR S A L E

S O L D LISTINGS

6,000

4,000

2,000

20 23 Se p

Au g

Au g

20 23

Ju l2 02 3

Ju l2 02 3

20 23 Ju n

M ay

M ay

20 23

Ap r2 02 3

Ap r2 02 3

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Single-Family Homes Last 12 months, year-over-year.

3,000

2,000

1,000

Condos & Townhomes Last 12 months, year-over-year.

20 23 Se p

20 23

20 23 Ju n

20 23

M ar 20 23

20 23 Fe b

20 23 Ja n

20 22 De c

20 22 N ov

O ct 20 22

Se p

20 22

0

Median Sales Price

$1,500,000

$1,000,000

Single-Family Homes The median sales price has increased from $1.1m last September 2022, to $1.3m as of September 2023.

$500,000

Condos & Townhomes 20 23

Se p

Au g

20 23

Ju l2 02 3

Ap r2 02 3 M ay 20 23 Ju n 20 23

M ar 20 23

Fe b

20 23

20 23

20 22

Ja n

N ov

De c

O ct 20 22

20 22 Se p

20 22

$0

The median sales price has increased from $692k last September 2022, to $745k as of September 2023.

AVG Days On the Market

50

40

Single-Family Homes

30

The average time spent on the market went down from 35 days last September 2022, to 29 days as of September 2023.

20

10

Condos & Townhomes

Back to Table of Contents

Se p

20 23

20 23 20 23

Au g

Ju l2 02 3

20 23

20 22

M ay

Ju n

20 23

Ap r2 02 3

25%

20 23

Se p

20 23

Au g

Ju l2 02 3

20 23 Ju n

20 23

M ay

Ap r2 02 3

M ar 20 23

20 23

Fe b

De c

Ja n

0%

20 22

The overbid percentage has increased from 95.3% last September 2022, to 100% a year later.

50%

N ov

Condos & Townhomes

75%

O ct 20 22

The overbid percentage has increased from 95.5% last September 2022, to 97.60% a year later.

100%

20 22

Single-Family Homes

The average time spent on the market went down from 33 days in September 2022, to 26 days as of September 2023.

125%

Se p

Overbids

M ar 20 23

20 23

Fe b

20 23 Ja n

20 22

De c

20 22

N ov

O ct 20 22

Se p

20 22

0

Keller Williams Brentwood 11812 San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States

Keller Williams Marina Del Rey 444 Washington Blvd Marina Del Rey, CA 90292, United States

Keller Williams Pacific Palisades 845 Vía De La Paz, Pacific Palisades, CA 90272, United States Sang Yu REALTOR® | DRE #02202575 (510) 386-0547 SangYu33@gmail.com www.SangYu.kw.com

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