The Cunningham Group - March 2024 Market Report | Southern California Area

Page 1

Copyright by KW Advisors 2024 March 2024

Southern California area

Los Angeles

Jump to Los Angeles Report

Santa Monica

Jump to Santa Monica Report

Brentwood

Jump to Brentwood Report

Marina Del Rey

Jump to Marina Del Rey Report

Pacific Palisades

Jump to Pacific Palisades Report

Culver City

Jump to Culver City Report

Sherman Oaks

Jump to Sherman Oaks Report

Studio City

Jump to Studio City Report

Westlake Village

Jump to Westlake Village Report

Playa Del Rey

Jump to Playa Del Rey Report

Venice

Jump to Venice Report

West Hollywood

Jump to West Hollywood Report

Beverly Hills

Jump to Beverly Hills Report

Riverside County

Jump to Riverside County Report

Encino

Jump to Encino Report

San Diego County

Jump to San Diego County Report

Inglewood

Jump to Inglewood Report

Orange County

Jump to Orange County Report

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 in today's market?

Icanhelp...

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

WhatToKnowAboutCredit ScoresBeforeBuyingaHome

If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article from US Bank explains:

“A credit score isn’t the only deciding factor on your mortgage application, but it’s a significant one. So, when you’re house shopping, it’s important to know where your credit stands and how to use it to get the best mortgage rate possible.”

That means your credit score may feel even more important to your homebuying plans right now since mortgage rates are a key factor in affordability. According to the Federal Reserve Bank of New York, the median credit score in the U.S. for those taking out a mortgage is 770. But that doesn’t mean your credit score has to be perfect. The same article from US Bank explains:

The Simplest Mortgage Approval Ever

The Customer-Centric Mortgage

Get instant pre-approval and FAST closing -plus a dedicated loan advisor -- for the ultimate mortgage journey.

Your

Enjoy our silky smooth platform, along with passionate, live support from your dedicated Finance Manager. Mortgage expertise at every step!

Get Fast Loan Pre-Approval

Get pre-approved online in minutes!

Your personal Finance Manager is there to help!

Your Finance Manager sources a vast array of wholesale & retail lenders for your best rate.

Find A Great Rate Quickly Stop Worrying

Your Finance Manager does the heavy lifting. So you get to funding quickly & easily.

You work hard for your money.

Let our financial tools work hard for you.

We gather the largest array of wholesale & retail lenders to compete for your loan! So you get the lowest rate while we do the work.

a home should be painless. Find your financing right here!
support
to learn more
Buying
Contact me, your Real Estate Expert, for
and
about REMA.
Process...
Get Pre-Approved Online In Minutes without affecting your credit score! Our Fast Digital Loan
Personal "Easy" button A Dedicated Loan Advisor...

WHAT YOU DON’T EXPECT

You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.

CLICK HERE TO WATCH THE VIDEO

PROTECT
Contact me, your Real Estate Expert, for support and to learn more about AHS. READY TO GET STARTED?

Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

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

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

Navy Blue

View it here

Purple

View it here

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/ Want to know how Home Concierge can help with your listing? Contact me today!

YOUR NEIGHBORHOOD ESCROW COMPANY

RESOLUTIONESCROW SPECIALTIES

Take a look at the services that we provide.

COMMITTED TO EXCELLENT PERSONALIZED SERVICE, ONE CLIENT AT A TIME Serving the Westside and the Great Los Angeles area since 2010
Residential Commercial Foreclosures 1031/ Concurrent Exchange Short Sale/ Probate Sales Vacant Properties Loans/ Refinances Business Transfers
OUR SPECIALTIES

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

CLICK HERE

CLICK

CLICK HERE

for your mortgage needs for your home warranty needs
HERE for your home renovation needss
CLICK HERE for your insurance needs CLICK HERE for your insurance needs CLICK HERE for your escrow needs for your escrow needs

LosAngeles

What's in the Los Angeles data?

There were 11,210 single-family homes for sale, providing 2.5 months of inventory. There were 3,303 new listings, and 2,230 homes sold at a median price of $950k. The median overbid percentage was at 97%, with an average of 33 days on the market.

There were 4,106 condo and townhome units for sale, providing 2 6 months of inventory There were 1,253 new listings and 806 units sold at a median sale price of $658k. The median overbid percentage was at 98.2%, with an average of 37 days on the market.

SFH Single-Family Homes

3,303 New Listings

2,230 Sold Listings

2.5 Months of Inventory

$950K

Median Sale Price

97%

Median Sale vs List

33 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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
New Listings 2.6 Months of Inventory $658K Median Sale Price 98.2% Median Sale vs List 37 Avg Days on Market 806 Sold Listings
1,253

LosAngeles

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 000 000 000 000 000 000 000 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 000 000 000 000 000 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $857k last February 2023, to $950k as of February 2024

Condos & Townhomes

The median sales price has increased from $633k last February 2023, to $658k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last February 2023, to 33 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 41 days in February 2023, to 37 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 92 5% last February 2023, to 97% a year later

Condos & Townhomes

The overbid percentage has increased from 96.9% last February 2023, to 98.2% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Santa Monica

What's in the Santa Monica data?

There were 116 single-family homes for sale, providing 19.6 months of inventory. There were 26 new listings, and 10 homes sold at a median price of $2.7m. The median overbid percentage was at 101%, with an average of 26 days on the market

There were 148 condo and townhome units for sale, providing 4.2 months of inventory. There were 42 new listings and 17 units sold at a median sale price of $1m. The median overbid percentage was at 98.9%, with an average of 29 days on the market.

26 New Listings

10 Sold Listings

19.6 Months of Inventory $2.7M

Median Sale Price

101%

Median Sale vs List

26 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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.

SFH Single-Family Homes
CONDO Condo & Townhomes 42 New Listings 4.2 Months of Inventory $1M Median Sale Price 98.9% Median Sale vs List 29 Avg Days on Market 17 Sold Listings

SantaMonica

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $8 6m last February 2023, to $2 7m as of February 2024

Condos & Townhomes

The median sales price has decreased from $1 2m last February 2023, to $1m as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 40 days last February 2023, to 26 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 48 days in February 2023, to 29 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 88 2% last February 2023, to 101% a year later

Condos & Townhomes

The overbid percentage has increased from 94.7% last February 2023, to 98.9% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Brentwood

What's in the Brentwood data?

There were 121 single-family homes for sale, providing 5.2 months of inventory. There were 36 new listings, and 10 homes sold at a median price of $4m. The median overbid percentage was at 94.2%, with an average of 32 days on the market.

There were 59 condo and townhome units for sale, providing 3 months of inventory. There were 9 new listings and 9 units sold at a median sale price of $1.2m. The median overbid percentage was at 91.7%, with an average of 33 days on the market.

SFH Single-Family Homes

38 New Listings

10 Sold Listings

5.2 Months of Inventory $4M

Median Sale Price

94.2%

Median Sale vs List

32 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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 & Townhomes
New Listings
Months of Inventory $1.2M Median Sale Price 91.7% Median Sale vs List 33 Avg Days on Market
Sold Listings
CONDO
9
3
9

Brentwood

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $5 2m last February 2023, to $4m as of February 2024

Condos & Townhomes

The median sales price has increased from $1m last February 2023, to $1 2m as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 50 days last February 2023, to 32 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 48 days in February 2023, to 33 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 88 3% last February 2023, to 94 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.6% last February 2023, to 91.7% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 70 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Marina DelRey

What's in the Marina Del Rey data?

There were 17 single-family homes for sale, providing 15 months of inventory. There were 2 new listings, and 4 homes sold at a median price of $1.6m. The median overbid percentage was at 96 6%, with an average of 10 days on the market

There were 97 condo and townhome units for sale, providing 3.1 months of inventory. There were 32 new listings and 9 units sold at a median sale price of $1.3m. The median overbid percentage was at 94.5%, with an average of 61 days on the market.

SFH Single-Family Homes

2 New Listings

4 Sold Listings

15 Months of Inventory

$1.6M

Median Sale Price

96.6%

Median Sale vs List

10 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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.

C Condo
New Listings
Months of Inventory $1.3M Median Sale Price 94.5% Median Sale vs List 61 Avg Days on Market
Sold Listings
32
3.1
9

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Rey

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 5 10 15 20 25 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $4 2m last February 2023, to $1 6m as of February 2024

Condos & Townhomes

The median sales price has increased from $1 2m last February 2023, to $1 3m as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 29 days last February 2023, to 10 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 40 days in February 2023, to 61 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 4% last February 2023, to 96 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.3% last February 2023, to 94.5% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Pacific Palisades

What's in the Pacific Palisades data?

There were 111 single-family homes for sale, providing 8.4 months of inventory. There were 27 new listings, and 7 homes sold at a median price of $3.9m. The median overbid percentage was at 94 5%, with an average of 62 days on the market

There were 18 condo and townhome units for sale, providing 4 months of inventory. There were 5 new listings and 4 units sold at a median sale price of $1.2m. The median overbid percentage was at 101.6%, with an average of 49 days on the market.

SFH Single-Family Homes

27 New Listings

7 Sold Listings

8.4 Months of Inventory

$3.9M

Median Sale Price

94.5%

Median Sale vs List

62 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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 & Townhomes
New Listings
Months of Inventory $1.2M Median Sale Price 101.6% Median Sale vs List 49 Avg Days on Market 4 Sold Listings
CONDO
5
4

PacificPalisades

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $5 9m last February 2023, to $3 9m as of February 2024

Condos & Townhomes

The median sales price has decreased from $1 8m last February 2023, to $1 2m as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 36 days last February 2023, to 62 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in February 2023, to 49 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 99 4% last February 2023, to 94 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 114.2% last February 2023, to 101.6% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Cul City

What's in

There were 6 providing 2.2 new listings, of $1.4m. Th 98.9%, with a

There were 5 sale, providin were 29 new sale price of percentage w days on the m

17 New Listings

2.2 Months of Inventory

Homes

12 Sold Listings

$1.4M

Median Sale Price

98.9% Median Sale vs List

45 Avg Days on Market

Metrics, includes all single-family homes, condos and February 2023 to February 2024. This may include the time the data was gathered. All data is deemed 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

CONDO Condo & Townhomes 29 New Listings 3.2 Months of Inventory $620K Median Sale Price 97.4% Median Sale vs List 28 Avg Days on Market 12 Sold Listings

CulverCity

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

FEBRUARY 2023 - FEBRUARY 2024
Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $1 6m last February 2023, to $1 4m as of February 2024

Condos & Townhomes

The median sales price has decreased from $638k last February 2023, to $620k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 64 days last February 2023, to 45 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 39 days in February 2023, to 28 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 96 3% last February 2023, to 98 9% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.8% last February 2023, to 97.4% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 70 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Sherman Oaks

What's in the Sherman Oaks data?

There were 157 single-family homes for sale, providing 3.1 months of inventory. There were 53 new listings, and 43 homes sold at a median price of $1.9m. The median overbid percentage was at 95 3%, with an average of 29 days on the market

There were 66 condo and townhome units for sale, providing 3.5 months of inventory. There were 25 new listings and 10 units sold at a median sale price of $651k The median overbid percentage was at 96.1%, with an average of 25 days on the market.

53 New Listings

43 Sold Listings

3.1 Months of Inventory

$1.9M

Median Sale Price

95.3%

Median Sale vs List

29 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

FH gle-Family Homes
CONDO Condo & Townhomes 25 New Listings 3.5 Months of Inventory $651K Median Sale Price 96.1% Median Sale vs List 25 Avg Days on Market 10 Sold Listings

ShermanOaks

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 70 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 6m last February 2023, to $1 9m as of February 2024

Condos & Townhomes

The median sales price has increased from $560k last February 2023, to $651k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 31 days last February 2023, to 29 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 28 days in February 2023, to 25 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 98 9% last February 2023, to 95 3% a year later

Condos & Townhomes

The overbid percentage has decreased from 105.3% last February 2023, to 96.1% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Studio

What's in the Stud

There were 120 single-family providing 4.1 months of inve new listings, and 10 homes s of $1.9m. The median overbi 98.8%, with an average of 40

There were 40 condo and tow sale, providing 2 months of in 14 new listings and 14 units price of $887k. The median o was at 99%, with an average market.

28 New Listings

4.1 Months of Inventory

98.8% Median Sale vs List

10 Sold Listings

$1.9M Median Sale Price

40 Avg Days on 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.

14 New Listings 2 Months of Inventory $887K Median Sale Price 99% Median Sale vs List 21 Avg Days on Market 14 Sold Listings

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 140 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $3 1m last February 2023, to $1 9m as of February 2024

Condos & Townhomes

The median sales price has increased from $865k last February 2023, to $887k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 43 days last February 2023, to 40 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 17 days in February 2023, to 21 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 97% last February 2023, to 98 8% a year later

Condos & Townhomes

The overbid percentage has increased from 98% last February 2023, to 99% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 70 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Westlak Village

What's in the West data?

There were 95 single-family h providing 2.3 months of inve new listings, and 13 homes s of $1.9m. The median overbi 95 7%, with an average of 67

There were 33 condo and tow sale, providing 1.6 months of were 7 new listings and 7 un sale price of $800k. The med percentage was at 96.8%, wi days on the market.

21 New Listings

2.3 Months of Inventory

95.7% Median Sale vs List

13 Sold Listings

$1.9M Median Sale Price

67 Avg Days on 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.

C Condo
New Listings 1.6 Months of Inventory $800K Median Sale Price 96.8% Median Sale vs List 52 Avg Days on Market
Sold Listings
7
7

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

lage

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 140 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 3m last February 2023, to $1 9m as of February 2024

Condos & Townhomes

The median sales price has decreased from $850k last February 2023, to $800k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 45 days last February 2023, to 67 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 65 days in February 2023, to 52 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 5% last February 2023, to 95 7% a year later

Condos & Townhomes

The overbid percentage has increased from 94.6% last February 2023, to 96.8% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 70 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000%

Playa DelRey

What's in the Playa Del Rey data?

There were 16 single-family homes for sale, providing 13 months of inventory. There were 5 new listings, and 4 homes sold at a median price of $2.7m. The median overbid percentage was at 96 3%, with an average of 24 days on the market

There were 26 condo and townhome units for sale, providing 5.2 months of inventory. There were 6 new listings and 8 units sold at a median sale price of $845k. The median overbid percentage was at 96.9%, with an average of 132 days on the market.

SFH Single-Family Homes

5 New Listings

4 Sold Listings

13 Months of Inventory

$2.7M

Median Sale Price

96.3%

Median Sale vs List

24 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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.

6

Condo & Townhomes
CONDO
New Listings
Months of Inventory $845K Median Sale Price 96.9% Median Sale vs List 132 Avg Days on Market
Sold Listings
5.2
8

PlayaDelRey

FEBRUARY 2023 -

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

FEBRUARY 2024
Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 5 10 15 20 25 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 7m last February 2023, to $2 7m as of February 2024

Condos & Townhomes

The median sales price has increased from $774k last February 2023, to $845k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 0 days last February 2023, to 24 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 35 days in February 2023, to 132 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 96 8% last February 2023, to 96 3% a year later

Condos & Townhomes

The overbid percentage has increased from 95.7% last February 2023, to 96.9% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 50 100 150 200 250 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Venice

What's in the Venice data?

There were 123 single-family homes for sale, providing 8.6 months of inventory. There were 28 new listings, and 10 homes sold at a median price of $1.8m. The median overbid percentage was at 100%, with an average of 22 days on the market.

There were 15 condo and townhome units for sale, providing 0 months of inventory. There were 2 new listings and 1 unit sold at a median sale price of $925k. The median overbid percentage was at 94.9%, with an average of 0 days on the market.

28 New Listings

10 Sold Listings

8.6 Months of Inventory $1.8M

Median Sale Price

100%

Median Sale vs List

22 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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.

SFH Single-Family Homes
CONDO Condo & Townhomes 2 New Listings 0 Months of Inventory $925K Median Sale Price 94.9% Median Sale vs List 0 Avg Days on Market 1 Sold Listing

Venice

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 5 10 15 20 25 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $2m last February 2023, to $1 8m as of February 2024

Condos & Townhomes

The median sales price has decreased from $1 4m last February 2023, to $925k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 32 days last February 2023, to 22 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 14 days in February 2023, to 0 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 93 3% last February 2023, to 100% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last February 2023, to 94.9% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

West Hollywood

What's in the West Hollywood data?

There were 52 family homes for sale, providing months of inventory. There were 10 new listings and 4 homes sold at a median price of $1.8m. T median overbid percentage was at 92.6%, with a average of 57 days on the market.

There were 173 condo and townhome units for sale, providing 5.8 months of inventory. There were 41 new listings and 16 units sold at a med sale price of $925k. The median overbid percentage was at 96.9%, with an average of 42 days on the market.

SFH Single-Family Homes

10 New Listings

4 Sold Listings

7 Months of Inventory

$1.8M

Median Sale Price

92.6%

Median Sale vs List

57 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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 & Townhomes 41 New Listings 5.8 Months of Inventory $925K Median Sale Price 96.9% Median Sale vs List 42 Avg Days on Market 16 Sold Listings
CONDO

WestHollywood

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 7m last February 2023, to $1 8m as of February 2024

Condos & Townhomes

The median sales price has increased from $829k last February 2023, to $925k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 38 days last February 2023, to 57 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 55 days in February 2023, to 42 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 91 1% last February 2023, to 92 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.7% last February 2023, to 96.9% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 140 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000%

Beverly Hills

What's in the Beverly Hills data?

There were 246 single-family homes for sale, providing 8.3 months of inventory. There were 41 new listings, and 17 homes sold at a median price of $3.8m. The median overbid percentage was at 85 6%, with an average of 45 days on the market

There were 77 condo and townhome units for sale, providing 6.4 months of inventory. There were 13 new listings and 6 units sold at a median sale price of $2.1m. The median overbid percentage was at 91.1%, with an average of 78 days on the market.

41 New Listings

17 Sold Listings

8.3 Months of Inventory

$3.8M

Median Sale Price

85.6%

Median Sale vs List

45 Avg Days on Market

sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 2024. This may include data, and may vary from the time the data was gathered. All data is deemed but not guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

gle-Family
FH
Homes
C Condo
New Listings
Months of Inventory $2.1M Median Sale Price 91.1% Median Sale vs List 78 Avg Days on Market
Sold Listings
13
6.4
6

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 250 300 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 7m last February 2023, to $1 8m as of February 2024

Condos & Townhomes

The median sales price has increased from $829k last February 2023, to $925k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 80 days last February 2023, to 45 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 60 days in February 2023, to 78 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 58 6% last February 2023, to 85 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 95.2% last February 2023, to 91.1% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 140 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000%

Riverside County

What's in the Riverside County data?

There were 8,058 single-family homes for sale, providing 2.4 months of inventory. There were 2,203 new listings, and 1,537 homes sold at a median price of $620k. The median overbid percentage was at 97%, with an average of 43 days on the market

There were 1,813 condo and townhome units for sale, providing 2.7 months of inventory. There were 442 new listings and 289 units sold at a median sale price of $495k. The median overbid percentage was at 96.5%, with an average of 51 days on the market.

SFH Single-Family Homes

2,203 New Listings

1,537 Sold Listings

2.4 Months of Inventory

$620K Median Sale Price

97% Median Sale vs List

43 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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.

CON Condo & To 442 New Listings 2.7 Months of Inventory $495K Median Sale Price 96.5% Median Sale vs List 51 Avg Days on Market 289 Sold Listings

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

County

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 2000 4000 6,000 8,000 10000 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 500 1,000 1,500 2000 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $572k last February 2023, to $620k as of February 2024

Condos & Townhomes

The median sales price has increased from $434k last February 2023, to $495k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 53 days last February 2023, to 43 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 52 days in February 2023, to 51 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 94 3% last February 2023, to 97% a year later

Condos & Townhomes

The overbid percentage has increased from 94.8% last February 2023, to 96.5% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000%

Encino

What's in the Encino data?

There were 166 single-family homes for sale, providing 5.6 months of inventory. There were 38 new listings, and 14 homes sold at a median price of $2.4m. The median overbid percentage was at 97.2%, with an average of 35 days on the market.

There were 49 condo and townhome units for sale, providing 2.3 months of inventory. There were 21 new listings and 16 units sold at a median sale price of $592k. The median overbid percentage was at 96.3%, with an average of 34 days on the market.

38 New Listings

mily Homes

14 Sold Listings

5.6 Months of Inventory $2.4M Median Sale Price

97.2% Median Sale vs List

35 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and California Area from February 2023 to February 2024. This may include vary from the time the data was gathered. All data is deemed guaranteed. DRE# 01499010. Copyright KW Advisors Santa Monica | Brentwood | Marina Del Rey 2024. Each office is independently owned and operated.

Condo & Townhomes 21 New Listings 2.3 Months of Inventory $592K Median Sale Price 96.3% Median Sale vs List 34 Avg Days on Market 16 Sold Listings
CONDO

ncino

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 50 100 150 200 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $2 41m last February 2023, to $2 42m as of February 2024

Condos & Townhomes

The median sales price has decreased from $714k last February 2023, to $592k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 49 days last February 2023, to 35 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 24 days in February 2023, to 34 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 90 5% last February 2023, to 97 2% a year later

Condos & Townhomes

The overbid percentage has increased from 95.9 % last February 2023, to 96.3% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

San Cou

What's in t data?

There were 5,69 providing 2.2 mo

1,390 new listing median price of percentage was days on the mar

There were 2,33 sale, providing 2 were 773 new lis median sale pric percentage was days on the mar

1,390 New Listings

1,089 Sold Listings

2.2 Months of Inventory $1M Median Sale Price

97.7% Median Sale vs List

25 Avg Days on Market

and include deemed Monica |

773 New Listings 2.1 Months of Inventory $660K Median Sale Price 98.1% Median Sale vs List 25 Avg Days on Market 602 Sold Listings

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

ty

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 1000 2,000 3,000 4000 5,000 6,000 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 1000 2,000 3000 4,000 5000 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $885k last February 2023, to $1m as of February 2024

Condos & Townhomes

The median sales price has increased from $619k last February 2023, to $660k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 32 days last February 2023, to 25 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 29 days in February 2023, to 25 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 2% last February 2023, to 97 7% a year later

Condos & Townhomes

The overbid percentage has increased from 98% last February 2023, to 98.1% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 5 10 15 20 25 30 35 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Inglewood

What's in the Inglewood data?

There were 71 single-family homes for sale, providing 3.6 months of inventory. There were 17 new listings, and 16 homes sold at a median price of $710k. The median overbid percentage was at 93.1%, with an average of 20 days on the market.

There were 35 condo and townhome units for sale, providing 1.2 months of inventory. There were 6 new listings and 6 units sold at a median sale price of $452k. The median overbid percentage was at 99.3%, with an average of 89 days on the market.

SFH Single-Family Homes

17 New Listings

16 Sold Listings

3.6 Months of Inventory

$710K

Median Sale Price

93.1%

Median Sale vs List

20 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from February 2023 to February 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 & Townhome 6 New Listings 1.2 Months of Inventory $452K Median Sale Price 99.3% Median Sale vs List 89 Avg Days on Market 6 Sold Listings

wood

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 60 70 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $720k last February 2023, to $710k as of February 2024

Condos & Townhomes

The median sales price has increased from $432k last February 2023, to $452k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 30 days last February 2023, to 20 days as of February 2024

Condos & Townhomes

The average time spent on the market went up from 60 days in February 2023, to 89 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 94 5% last February 2023, to 93 1% a year later

Condos & Townhomes

The overbid percentage has increased from 98.6% last February 2023, to 99.3% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 20 40 60 80 100 120 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

Ora Cou

What's in t data?

There were 3,07 providing 1.6 mo

1,045 new listing median price of percentage was days on the mar

There were 1,55 sale, providing 1 were 592 new lis median sale pric percentage was days on the mar

1,045 New Listings

883 Sold Listings

1.6 Months of Inventory

$1.3M Median Sale Price

97.7% Median Sale vs List

26 Avg Days on Market

and include deemed Monica |

CONDO Condo & Townhome 592 New Listings 1.3 Months of Inventory $785K Median Sale Price 99.8% Median Sale vs List 26 Avg Days on Market 475 Sold Listings

geCounty

FEBRUARY 2023 - FEBRUARY 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 1000 2000 3,000 4,000 5,000 Feb2023 Mar2023 Apr2023 May2023 Jun2023 Jul2023 Aug2023 Sep2023 Oct2023 Nov2023 Dec2023 Jan2024 Feb2024 0 500 1,000 1500 2,000 2500 LISTINGS FOR SALE SOLD LISTINGS

Median SalesPrice

Single-Family Homes

The median sales price has increased from $1 1m last February 2023, to $1 3m as of February 2024

Condos & Townhomes

The median sales price has increased from $720k last February 2023, to $785k as of February 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 41 days last February 2023, to 26 days as of February 2024

Condos & Townhomes

The average time spent on the market went down from 37 days in February 2023, to 26 days as of February 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 95 9% last February 2023, to 97 7% a year later

Condos & Townhomes

The overbid percentage has increased from 96.9% last February 2023, to 99.8% a year later.

Back to Table of Contents Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023Oct2023Nov2023Dec2023 Jan2024Feb2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 Feb2023Mar2023 Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 0 10 20 30 40 50 Feb2023Mar2023Apr2023May2023 Jun2023 Jul2023Aug2023Sep2023 Oct2023Nov2023Dec2023 Jan2024 Feb2024 000% 2000% 4000% 6000% 8000% 10000% 12000%

11812

KellerWilliamsMarinaDelRey

444 Washington Blvd

Marina Del Rey, CA 90292, United States

845

info@cunninghamre com

www.cunninghamre.com

San Vicente Blvd Ste 100, Los Angeles, CA 90049, United States KellerWilliamsBrentwood
Vía De La Paz, Pacific Palisades, CA 90272, United States KellerWilliamsPacificPalisades
The Cunningham Group Brentwood 310.482.2033

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
The Cunningham Group - March 2024 Market Report | Southern California Area by Procasa Technologies, Inc - Issuu