South Bay/ Westside Market Inventory Report | May 8, 2024 | Palm Realty Boutique

Page 1

SOUTH BAY / WESTSIDE INVENTORY Market

M
Y 8
2 0 2 4
A
,
3.53% Highest Inventory 2023 Jan. 11 2.45 May 10 1.10 S O U T H B A Y 2023 2024 SELLER'S 273 407 1.49 311 283 1.10 Active Listings Pending Listings Inventory/ Months 30.87% Lowest Inventory 2023 35.45%
Homes MAY 8, 2024 25 AverageDays OnMarket SOLD 44 Homes MAY 10, 2023 SOLD 58 22 AverageDays OnMarket $2,304,623 MARKET AVERAGE SALES PRICE $5,993,450 S O U T H B A Y AVERAGE SALES PRICE 160.06%
Highest Inventory 2023 Jan. 11 6.50 5.56% 17.12% E L S E G U N D O 2023 2024 SELLER’S 8 17 2.13 18 7 2.57 Active
Pending
Inventory/ Months Mar. 8 1.25 Lowest Inventory 2023 14.29%
Listings
Listings
Homes MAY
9 AverageDays OnMarket SOLD
Homes MAY
SOLD
AverageDays OnMarket $1,037,935 MARKET AVERAGE SALES PRICE $1,922,000 E L S E G U N D O AVERAGE SALES PRICE 85.18%
8, 2024
3
10, 2023
2 18
10 20
Highest Inventory 2023 Jan. 11 15.00 M A N H A T T A N B E A C H S A N D 2023 2024 HEALTHY 44 12
Inventory/
May 17 2.10 Lowest Inventory 2023 120.00% 20.00% 83.50%
2.00
3.67 Active Listings Pending Listings
Months

A N H A T T A N B E A C H S A N D

Homes MAY
2024 38 AverageDays OnMarket SOLD 3 Homes MAY
SOLD 2 3 AverageDays OnMarket $6,300,000 MARKET AVERAGE SALES PRICE $4,708,333 AVERAGE SALES PRICE
25.26%
8,
10, 2023
M
Highest Inventory 2023 Jan 18 3.00 22.22% 54.05% 1.71 7 M
T R E E 2023 2024 SELLER’S 12
Inventory/
Feb. 22 0.83 Lowest Inventory 2023 20.00%
A N H A T T A N B E A C H
10 9 1.11 Active Listings Pending Listings
Months

MAY 8, 2024

MAY 10, 2023

M A N H A T T A N B E A C H T R E E

Homes
0 AverageDays OnMarket SOLD 0 Homes
SOLD
AverageDays OnMarket
MARKET AVERAGE SALES PRICEAVERAGE
1 28
$2,600,000
SALES PRICE

6 10 5 2.00 Active Listings Pending Listings Inventory/ Months

M
SELLER’S
Apr.
Lowest
2023
40.00%
Highest Inventory 2023 Aug. 24 16.00 2.00 3
A N H A T T A N B E A C H H I L L 2023 2024
13 1.25
Inventory
40.00%
Homes
0 AverageDays OnMarket SOLD 0 Homes
SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICEAVERAGE SALES PRICE M A
MAY 8, 2024
MAY 10, 2023
N H A T T A N B E A C H H I L L
Highest Inventory 2023 Jan. 25 3.67 147.62% 43.75% May 10 0.63 Lowest Inventory 2023 M A N H A T T A N B E A C H E A S T 2023 2024 SELLER’S 9 14 1.56 10 16 0.63 Active Listings Pending Listings Inventory/ Months 40.00%

MAY 8, 2024

6 AverageDays OnMarket

MAY 10, 2023

AVERAGE SALES PRICE $1,237,000 AVERAGE SALES PRICE M A N H A T T A N B E A C H E A S T 51.11%

28 AverageDays OnMarket $2,530,000

Homes
Homes
SOLD 1
SOLD 2
MARKET
Highest Inventory 2023 Feb. 8 8.00 10.00% Feb. 22 3.00 Lowest Inventory 2023 H E R
A C H
2023 2024 SELLER’S
40.00% 35.75%
M O S A B E
S A N D
7 18 2.57 20 5 4.00 Active Listings Pending Listings Inventory/ Months

S A N D

Homes
0 AverageDays OnMarket SOLD 1 Homes MAY
SOLD 4 8 AverageDays OnMarket $8,589,656 MARKET AVERAGE SALES PRICE
AVERAGE SALES
H
MAY 8, 2024
10, 2023
$5,800,000
PRICE
E R M O S A B E A C H
32.48%

7 3 5 5 1.00 Active Listings Pending Listings Inventory/ Months

Highest Inventory 2023 Jan. 25 2.33 0.43 Mar. 15 0.50 Lowest Inventory 2023 H E R
H V A L L E Y 2023 2024 SELLER'S
40.00% 57.00% 40.00%
M O S A B E A C

8,

MAY 10, 2023

Homes
SOLD
Homes
MAY
2024 0 AverageDays OnMarket
0
SOLD
MARKET AVERAGE SALES
H
1 12 AverageDays OnMarket $2,585,000
PRICE AVERAGE SALES PRICE
E R M O S A B E A C H V A L L E Y -
Highest Inventory 2023 Jan. 11 11.00 Feb. 8 0.83 Lowest Inventory 2023 42.86% H E R
A C H E A
2023 2024 SELLER’S
M O S A B E
S T
4 7 1.75 7 7 1.00 Active Listings Pending Listings Inventory/ Months 75.00%
Homes
0 AverageDays OnMarket SOLD 0 Homes MAY
SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICEAVERAGE SALES PRICE H E R M O
A
MAY 8, 2024
10, 2023
S
B E A C H E A S T
Highest Inventory 2022 Sept. 28 2.16 Apr. 20 0.27 Lowest Inventory 2022 2.86% 26.47% N O R T H R E D O N D O B E A C H 2023 2024 SELLER'S 43 34 0.79 35 34 1.03 Active Listings Pending Listings Inventory/ Months 23.30%

R T H R E D O N D O B E A C H 1.42%

Homes
23 AverageDays OnMarket SOLD 2 Homes MAY
SOLD 5 46 AverageDays OnMarket $1,242,703 MARKET AVERAGE SALES PRICE $1,225,000 AVERAGE SALES
N
MAY 8, 2024
10, 2023
PRICE
O
Highest Inventory 2023 Jan. 18 4.00 186.67% 100.00% May 3 0.40 Lowest Inventory 2023 S O U
D O N D O B E A C H 2023 2024 SELLER'S 14 18 1.29 9 20 0.45 Active Listings Pending Listings Inventory/ Months 30.00%
T H R E
Homes MAY 8, 2024 16 AverageDays OnMarket SOLD 3 Homes MAY 10, 2023 SOLD 4 31 AverageDays OnMarket $1,282,500 MARKET AVERAGE SALES PRICE $1,602,667 AVERAGE SALES PRICE S O U T H
24.96%
R E D O N D O B E A C H
Highest Inventory 2023 Jan. 11 8.00 122.35% 54.55% May 11 0.44 Lowest Inventory 2023 S O U T H R E D O N D O B E A C H 2023 2024 SELLER’S 9 17 1.89 11 13 0.85 Active Listings Pending Listings Inventory/ Months W e s t o f P C H 30.77%
Homes
83 AverageDays OnMarket SOLD
Homes
SOLD
AverageDays OnMarket $1,428,500 MARKET AVERAGE SALES
AVERAGE
S O U T H R E D O N D O B E A C H W e s t o f P C H 18.97%
MAY 8, 2024
2
MAY 10, 2023
2 8
PRICE $1,157,500
SALES PRICE
Highest Inventory 2023 Aug. 10 3.60 Mar. 16 0.30 Lowest Inventory 2023 11.11% 38.89% H O L L Y W O O D R I V I E R A 2023 2024 SELLER’S
10
9
Active
Inventory/
20.00%
4
2.50
5 1.80
Listings Pending Listings
Months
Homes
0 AverageDays OnMarket SOLD 0 Homes
SOLD 3 42 AverageDays OnMarket $1,637,333 MARKET AVERAGE SALES PRICEAVERAGE SALES PRICE H O L L Y W O O D R I V I E R A
MAY 8, 2024
MAY 10, 2023
Highest Inventory 2023 Mar. 15 4.00 150.00% Jan. 18 0.50 Lowest Inventory 2023 W A L T E R I A 2023 2024 SELLER’S
75.00% 14.67%
7 6 0.86 3 4 0.75 Active Listings Pending Listings Inventory/ Months

2

MAY 10, 2023

Homes
MAY 8, 2024
SOLD
Homes
SOLD
AverageDays OnMarket
1
1
MARKET
W A L T E R I A 28.47%
13 AverageDays OnMarket $1,097,500
AVERAGE SALES PRICE $1,410,000 AVERAGE SALES PRICE

14 9 0.64 3 11 0.27 Active Listings Pending Listings Inventory/ Months

200.00%

137.04%

Highest Inventory 2023 Jan. 18 2.75 27.27% Mar. 15 0.33 Lowest Inventory 2023 C E N T R A L T O R R A N C E 2023 2024 SELLER’S
Homes
53 AverageDays OnMarket SOLD 1 Homes MAY
SOLD 4 13 AverageDays OnMarket $860,250 MARKET AVERAGE SALES PRICE $630,000 AVERAGE SALES PRICE C E N T R A L T O R R A N C E 26.77%
MAY 8, 2024
10, 2023
33.33% Highest Inventory 2023 Feb. 1 3.50 8.51% May 10 0.47 Lowest Inventory 2023 S O U T H T O R R A N C E 2023 2024 SELLER'S 14
Inventory/
26.32%
6 0.43 9 19 0.47 Active Listings Pending Listings
Months

$1,341,250

Homes
AverageDays OnMarket SOLD
Homes
SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICE AVERAGE SALES PRICE S O U T H T O R R A N C E
MAY 8, 2024 7
4
MAY 10, 2023
Highest Inventory 2023 Jan. 18 4.00 Mar. 15 0.31 Lowest Inventory 2023 17.00% W E S T T O R R A N C E 2023 2024 SELLER’S
40.00%
6 7 1.17 5 5 1.00 Active Listings Pending Listings Inventory/ Months
20.00%
Homes
87 AverageDays OnMarket SOLD
Homes MAY
SOLD 4 9 AverageDays OnMarket $1,297,274 MARKET AVERAGE SALES PRICE $1,500,000 AVERAGE SALES PRICE W E S T T O R R A N C E 15.63%
MAY 8, 2024
2
10, 2023
Highest Inventory 2023 Feb 8 2.50 5.00% 11.71% Mar. 1 0.59 Lowest Inventory 2023 N O R T H T O R R A N C E 2023 2024 SELLER'S 17 21 1.24 20 18 1.11 Active Listings Pending Listings Inventory/ Months 5.56%
Homes
10 AverageDays OnMarket SOLD 7 Homes MAY
SOLD 6 15 AverageDays OnMarket $1,024,667 MARKET AVERAGE SALES PRICE $1,079,274 AVERAGE SALES PRICE N O R T H T O R R A N C E
MAY 8, 2024
10, 2023
5.33%
55.00% 28.00% Highest
Lowest
O L D T O R R A N C E 2023 2024 SELLER'S 10
a n d
o u t h E a s t 37.50%
Inventory 2023 Mar. 15 2.00 Feb. 15 0.58
Inventory 2023
9 0.90 20 16 1.25 Active Listings Pending Listings Inventory/ Months
S

MAY 10, 2023

Homes
AverageDays OnMarket SOLD
Homes
SOLD
AverageDays OnMarket $740,000 MARKET
O L D T O R R A
28.38%
MAY 8, 2024 22
2
1 10
AVERAGE SALES PRICE $950,000 AVERAGE SALES PRICE
N C E a n d S o u t h E a s t
4.17% 32.47% Highest Inventory 2023 Jan 18 2.80 P A L O S V E R D E S E S T A T E S 2023 2024 SELLER’S 25 51 2.04 37 24 1.54 Active
Inventory/ Months Mar. 1 0.89 Lowest Inventory 2023 37.84%
Listings Pending Listings
Homes
25 AverageDays OnMarket SOLD 2 Homes MAY
SOLD 6 10 AverageDays OnMarket $3,124,250 MARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE P A L O
V
56.89%
MAY 8, 2024
10, 2023
$4,901,500
S
E R D E S E S T A T E S
Highest Inventory 2023 Jan. 4 9.00 52.78% 22.22% 2.75 Feb. 2 0.57 Lowest Inventory 2023 R O L L I N G H I L L S 2023 2024 SELLER’S
9
" T h e G a t e s " 20.00%
4 11
5 1.80 Active Listings Pending Listings Inventory/ Months
Homes
8, 2024 0 AverageDays OnMarket SOLD 0 Homes MAY 10, 2023 SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICEAVERAGE SALES PRICE R O L L I N G H I L L S " T h e G a t e s "
MAY
8.89% 95.60% Highest Inventory 2023 Jan. 11 1.79 R A N C H O P A L O S V E R D E S 2023 2024 SELLER’S 49 87 1.78 41 45 0.91 Active Listings Pending
Inventory/ Months Mar. 8 0.93 Lowest Inventory 2023
Listings
112.20%
Homes
25 AverageDays OnMarket SOLD 10 Homes MAY
SOLD 8 30 AverageDays OnMarket $2,328,750 MARKET AVERAGE SALES PRICE $1,904,100 AVERAGE SALES PRICE R
18.24%
MAY 8, 2024
20, 2023
A N C H O P A L O S V E R D E S
Highest Inventory 2023 Jan 18 1.63 S A N P E D R O 2023 2024 SELLER'S 41 54 1.06 57 42 1.36 Active Listings Pending Listings Inventory/ Months Feb 15 0.97 Lowest Inventory 2023 2.38% 22.06% 5.26%
Homes
27 AverageDays OnMarket SOLD 3 Homes MAY
SOLD 12 33 AverageDays OnMarket $765,088 MARKET AVERAGE SALES PRICE $963,333 AVERAGE SALES PRICE 25.91% S A N P E D R O
MAY 8, 2024
10, 2023
39.09% Highest Inventory 2023 Mar. 15 2.67 6.67% P L A Y A V I S T A 2023 2024 SELLER’S 11 16 1.45 15 8 1.88 Active Listings Pending Listings Inventory/ Months Feb. 15 0.75 Lowest Inventory 2023 37.50%
Homes
74 AverageDays OnMarket SOLD 3 Homes MAY
SOLD 3 6 AverageDays OnMarket $1,389,333 MARKET AVERAGE SALES PRICE $1,081,333 AVERAGE SALES PRICE P L A Y A V I S T A 22.17%
MAY 8, 2024
10, 2023
W
E S T E R 2023 2024 SELLER’S 46 47 1.02 30 30 1.00 Active Listings Pending Listings Inventory/ Months 53.33% 56.67% 2.00% Highest Inventory 2023 Jan. 18 2.61 Feb. 22 0.71 Lowest Inventory 2023
E S T C H
Homes MAY
2024 43 AverageDays OnMarket SOLD 2 Homes MAY 10,
SOLD 7 55 AverageDays OnMarket $1,664,843 MARKET AVERAGE SALES PRICE $1,446,250 AVERAGE SALES PRICE W E S T C H E S T E R 13.13%
8,
2023
6.12% Highest Inventory 2023 Jan. 11 2.58 9.09% C U L V E R C I T Y 2023 2024 SELLER’S 36 52 1.44 49 37 1.32 Active Listings Pending Listings Inventory/ Months Mar 15 1.03 Lowest Inventory 2023 2.70%
Homes MAY 8, 2024 55 AverageDays OnMarket SOLD 6 Homes MAY 10, 2023 SOLD 8 42 AverageDays OnMarket $1,570,000 MARKET AVERAGE SALES PRICE $1,635,833 AVERAGE SALES PRICE C U L V E R C I T Y 4.19%
91.73% Highest Inventory 2023 Mar. 8 1.00 8.33% Mar. 1 0.60 Lowest Inventory 2023 P L A Y A D E L R E Y 2023 2024 SELLER’S 11 28
16 12
Active
Inventory/ Months 75.00%
2.55
1.33
Listings Pending Listings
Homes
0 AverageDays OnMarket SOLD 0 Homes
SOLD
AverageDays OnMarket $1,216,667 MARKET AVERAGE SALES PRICEAVERAGE SALES PRICE P L A Y A D E L R E Y
MAY 8, 2024
MAY 10, 2023
3 6
113.79% 46.11% Highest Inventory 2023 Mar. 8 2.45 Mar. 1 1.00 Lowest Inventory 2023 P A L M S / M A R V I S T A 2023 2024 SELLER’S 22 62 2.82 29 15 1.93 Active Listings Pending Listings Inventory/ Months 46.67%
Homes MAY 8, 2024 23 AverageDays OnMarket SOLD 4 Homes MAY 10, 2023 SOLD 5 36 AverageDays OnMarket $1,864,100 MARKET AVERAGE SALES PRICE $1,346,250 AVERAGE SALES PRICE P A L M S / M A R V I S T A 27.78%
Highest Inventory 2023 Feb 8 2.75 150.00% 150.67% Mar. 8 0.45 Lowest Inventory 2023 H O L L Y G L E N / D E L A I R E 2023 2024 SELLER'S
8 15 1.88 6 8 0.75 Active Listings Pending Listings Inventory/ Months

MAY 8, 2024 0 AverageDays OnMarket

MAY 10, 2023

Homes
SOLD
Homes
0
SOLD
AVERAGE
H O L L Y G L E N / D E L A
R E MARKET
3 19 AverageDays OnMarket $1,125,000
SALES PRICEAVERAGE SALES PRICE
I
Highest Inventory 2023 Feb. 15 2.52 35.71% 2.94% I N G L E W O O D 2023 2024 SELLER’S 41 70 1.71 68 54 1.26 Active Listings Pending Listings Inventory/ Months Mar 1 1.92 Lowest Inventory 2023 24.07%
Homes MAY 8, 2024 18 AverageDays OnMarket SOLD 6 Homes MAY 10, 2023 SOLD 16 42 AverageDays OnMarket $663,825 MARKET AVERAGE SALES PRICE $958,621 AVERAGE SALES PRICE I N G L E W O O D 44.41%
Highest Inventory 2023 Jan. 18 4.50 42.14% 53.57% Mar. 1 1.43 Lowest Inventory 2023 H A W T H O R N E 2023 2024 16 13 0.81 28 20 1.40 Active Listings Pending Listings Inventory/ Months SELLER'S 20.00%
Homes
54 AverageDays OnMarket SOLD 4 Homes MAY
SOLD 2 91 AverageDays OnMarket $772,500 MARKET AVERAGE SALES PRICE $797,500 AVERAGE SALES PRICE H A W T H O R N E 3.24%
MAY 8, 2024
10, 2023
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