South Bay/Westside Market Inventory Report | December 6, 2023 | Palm Realty Boutique

Page 1

DECEMBER 6, 2023

SOUTH BAY / WESTSIDE

Market

INVENTORY



GREEN SELLER'S MARKET

YELLOW HEALTHY MARKET

RED

BUYER'S MARKET


SOUTH BAY

SELLER'S 2022

2023

Active Listings

362

366

1.10%

Pending Listings

183

177

3.28%

Inventory/ Months

1.98

2.07

4.55%

Highest Inventory 2023

Jan. 11

2.45

Lowest Inventory 2023

May 10

1.10


DECEMBER 6, 2023 SOLD

51

Homes

33

AVERAGE SALES PRICE

$1,559,706

Average Days On Market

12.68%

DECEMBER 7, 2022 SOLD

62

Homes

46 Average Days On Market

AVERAGE SALES PRICE

$1,786,266

SOUTH BAY

MARKET


EL SEGUNDO

SELLER'S 2022

2023

Active Listings

14

13

Pending Listings

6

6

Inventory/ Months

2.33

2.17

Highest Inventory 2023

Jan. 11

6.50

Lowest Inventory 2023

Mar. 8

1.25

7.14%

6.87%


DECEMBER 6, 2023 SOLD

1

Homes

0

AVERAGE SALES PRICE

$1,650,000

Average Days On Market

13.05%

DECEMBER 7, 2022 SOLD

2

Homes

51 Average Days On Market

AVERAGE SALES PRICE

$1,459,500

EL SEGUNDO

MARKET


MANHATTAN BEACH SAND

BUYER’S 2022

2023

Active Listings

27

32

Pending Listings

4

4

Inventory/ Months

6.75

8.00

Highest Inventory 2023

Jan. 11

15.00

Lowest Inventory 2023

May 17

2.10

18.52%

18.52%


DECEMBER 6, 2023 SOLD

1

Homes

57

AVERAGE SALES PRICE

$1,875,000

Average Days On Market

34.33%

DECEMBER 7, 2022 SOLD

3

Homes

16 Average Days On Market

AVERAGE SALES PRICE

$2,855,000

MANHATTAN BEACH SAND

MARKET


MANHATTAN BEACH TREE

SELLER’S 2022

2023

Active Listings

8

16

100.00%

Pending Listings

4

12

200.00%

Inventory/ Months

2.00

1.33

33.50%

Highest Inventory 2023

Jan 18

3.00

Lowest Inventory 2023

Feb. 22

0.83


DECEMBER 6, 2023 SOLD

2

Homes

48

AVERAGE SALES PRICE

$4,975,000

Average Days On Market

3.40%

DECEMBER 7, 2022 SOLD

1

Homes

54 Average Days On Market

AVERAGE SALES PRICE

$5,150,000

MANHATTAN BEACH TREE

MARKET


MANHATTAN BEACH HILL

SELLER’S 2022

2023

Active Listings

11

5

54.55%

Pending Listings

1

2

100.00%

Inventory/ Months

11.00

2.50

77.27%

Highest Inventory 2023

Aug. 24

16.00

Lowest Inventory 2023

Apr. 13

1.25


DECEMBER 6, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 7, 2022 SOLD

2

Homes

71 Average Days On Market

AVERAGE SALES PRICE

$4,200,000

MANHATTAN BEACH HILL

MARKET


MANHATTAN BEACH EAST

SELLER’S 2022

2023

Active Listings

11

12

9.09%

Pending Listings

11

5

54.55%

Inventory/ Months

1.00

2.40

140.00%

Highest Inventory 2023

Jan. 25

3.67

Lowest Inventory 2023

May 10

0.63


DECEMBER 6, 2023 SOLD

3

Homes

37

AVERAGE SALES PRICE

$2,843,333

Average Days On Market

31.83%

DECEMBER 7, 2022 SOLD

4

Homes

47 Average Days On Market

AVERAGE SALES PRICE

$2,165,750

MANHATTAN BEACH EAST

MARKET


HERMOSA BEACH SAND

HEALTHY 2022

2023

Active Listings

13

24

84.62%

Pending Listings

9

7

22.22%

Inventory/ Months

1.44

3.43

138.19%

Highest Inventory 2023

Feb. 8

8.00

Lowest Inventory 2023

Feb. 22

3.00


DECEMBER 6, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 7, 2022 SOLD

2

Homes

95 Average Days On Market

AVERAGE SALES PRICE

$2,426,250

HERMOSA BEACH SAND

MARKET


HERMOSA BEACH VALLEY

SELLER'S 2022

2023

Active Listings

7

6

14.29%

Pending Listings

6

2

66.67%

Inventory/ Months

1.17

3.00

156.41%

Highest Inventory 2023

Jan. 25

2.33

Lowest Inventory 2023

Mar. 15

0.50


DECEMBER 6, 2023 SOLD

1

Homes

46

AVERAGE SALES PRICE

$1,715,000

Average Days On Market

DECEMBER 7, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

HERMOSA BEACH VALLEY

MARKET


HERMOSA BEACH EAST

HEALTHY 2022

2023

Active Listings

7

9

28.57%

Pending Listings

3

2

33.33%

4.50

93.13%

Inventory/ Months

2.33

Highest Inventory 2023

Jan. 11

11.00

Lowest Inventory 2023

Feb. 8

0.83


DECEMBER 6, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 7, 2022 SOLD

1

Homes

43 Average Days On Market

AVERAGE SALES PRICE

$1,500,000

HERMOSA BEACH EAST

MARKET


NORTH REDONDO BEACH

SELLER'S 2022

2023

Active Listings

50

30

40.00%

Pending Listings

21

17

19.05%

Inventory/ Months

2.38

1.76

26.05%

Highest Inventory 2022 Sept. 28

2.16

Apr. 20

0.27

Lowest Inventory 2022


DECEMBER 6, 2023 SOLD

7

Homes

59

AVERAGE SALES PRICE

$1,378,571

Average Days On Market

3.65%

DECEMBER 7, 2022 SOLD

3

Homes

29 Average Days On Market

AVERAGE SALES PRICE

$1,330,000

NORTH REDONDO BEACH

MARKET


SOUTH REDONDO BEACH

SELLER'S 2022

2023

Active Listings

15

14

Pending Listings

12

12

Inventory/ Months

1.25

1.17

Highest Inventory 2023

Jan. 18

4.00

Lowest Inventory 2023

May 3

0.40

6.67%

6.40%


DECEMBER 6, 2023 SOLD

4

Homes

18

AVERAGE SALES PRICE

$1,554,750

Average Days On Market

36.54%

DECEMBER 7, 2022 SOLD

5

Homes

16 Average Days On Market

AVERAGE SALES PRICE

$2,450,000

SOUTH REDONDO BEACH

MARKET


West of PCH

SOUTH REDONDO BEACH

SELLER’S 2022

2023

Active Listings

5

23

360.00%

Pending Listings

5

7

40.00%

Inventory/ Months

1.00

3.29

229.00%

Highest Inventory 2023

Jan. 11

8.00

Lowest Inventory 2023

May 11

0.44


SOLD

3

Homes

68

AVERAGE SALES PRICE

$1,117,667

Average Days On Market

DECEMBER 7, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

SOUTH REDONDO BEACH

DECEMBER 6, 2023

West of PCH

MARKET


HOLLYWOOD RIVIERA

SELLER’S 2022

2023

Active Listings

8

9

12.50%

Pending Listings

6

8

33.33%

Inventory/ Months

1.33

1.13

15.04%

Highest Inventory 2023

Aug. 10

3.60

Lowest Inventory 2023

Mar. 16

0.30


DECEMBER 6, 2023 SOLD

1

Homes

22

AVERAGE SALES PRICE

$3,150,000

Average Days On Market

35.09%

DECEMBER 7, 2022 SOLD

3

Homes

64 Average Days On Market

AVERAGE SALES PRICE

$2,331,667

HOLLYWOOD RIVIERA

MARKET


WALTERIA

HEALTHY 2022

2023

Active Listings

5

3

40.00%

Pending Listings

3

1

66.67%

Inventory/ Months

1.67

3.00

79.64%

Highest Inventory 2023

Mar. 15

4.00

Lowest Inventory 2023

Jan. 18

0.50


DECEMBER 6, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 7, 2022 SOLD

1

Homes

52 Average Days On Market

AVERAGE SALES PRICE

$775,000

WALTERIA

MARKET


CENTRAL TORRANCE

SELLER’S 2022

2023

Active Listings

12

9

25.00%

Pending Listings

9

6

33.33%

Inventory/ Months

1.33

1.50

12.78%

Highest Inventory 2023

Jan. 18

2.75

Lowest Inventory 2023

Mar. 15

0.33


DECEMBER 6, 2023 SOLD

3

Homes

6

AVERAGE SALES PRICE

$855,667

Average Days On Market

19.90%

DECEMBER 7, 2022 SOLD

3

Homes

7 Average Days On Market

AVERAGE SALES PRICE

$1,068,296

CENTRAL TORRANCE

MARKET


SOUTH TORRANCE

SELLER'S 2022

2023

Active Listings

14

11

21.43%

Pending Listings

9

5

44.44%

Inventory/ Months

1.56

2.20

41.03%

Highest Inventory 2023

Feb. 1

3.50

Lowest Inventory 2023

May 10

0.47


DECEMBER 6, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 7, 2022 SOLD

3

Homes

72 Average Days On Market

AVERAGE SALES PRICE

$1,281,667

SOUTH TORRANCE

MARKET


WEST TORRANCE

SELLER’S 2022

2023

Active Listings

17

10

Pending Listings

8

8

Inventory/ Months

2.13

1.25

Highest Inventory 2023

Jan. 18

4.00

Lowest Inventory 2023

Mar. 15

0.31

41.18%

41.31%


DECEMBER 6, 2023 SOLD

1

Homes

17

AVERAGE SALES PRICE

$1,175,000

Average Days On Market

7.73%

DECEMBER 7, 2022 SOLD

3

Homes

54 Average Days On Market

AVERAGE SALES PRICE

$1,090,667

WEST TORRANCE

MARKET


NORTH TORRANCE

SELLER'S 2022

2023

Active Listings

21

14

33.33%

Pending Listings

9

12

33.33%

Inventory/ Months

2.33

1.17

49.79%

Highest Inventory 2023

Feb 8

2.50

Lowest Inventory 2023

Mar. 1

0.59


DECEMBER 6, 2023 SOLD

9

Homes

11

AVERAGE SALES PRICE

$911,445

Average Days On Market

1.53%

DECEMBER 7, 2022 SOLD

5

Homes

52 Average Days On Market

AVERAGE SALES PRICE

$925,600

NORTH TORRANCE

MARKET


SELLER'S 2023

Active Listings

17

11

35.29%

Pending Listings

12

5

58.33%

Inventory/ Months

1.42

2.20

54.93%

OLD TORRANCE

and South East

2022

Highest Inventory 2023

Mar. 15

2.00

Lowest Inventory 2023

Feb. 15

0.58


SOLD

1

Homes

55

AVERAGE SALES PRICE

$500,000

Average Days On Market

48.05%

DECEMBER 7, 2022 SOLD

2

Homes

6 Average Days On Market

AVERAGE SALES PRICE

$962,500

OLD TORRANCE

DECEMBER 6, 2023

and South East

MARKET


PALOS VERDES ESTATES

SELLER’S 2022

2023

Active Listings

26

44

69.23%

Pending Listings

12

18

50.00%

Inventory/ Months

2.17

2.44

12.44%

Highest Inventory 2023

Jan 18

2.80

Lowest Inventory 2023

Mar. 1

0.89


DECEMBER 6, 2023 SOLD

3

Homes

28

AVERAGE SALES PRICE

$2,286,667

Average Days On Market

55.07%

DECEMBER 7, 2022 SOLD

5

Homes

34 Average Days On Market

AVERAGE SALES PRICE

$1,474,600

PALOS VERDES ESTATES

MARKET


2022

2023

Active Listings

9

8

11.11%

Pending Listings

2

1

50.00%

8.00

77.78%

"The Gates"

ROLLING HILLS

BUYER’S

Inventory/ Months

4.50

Highest Inventory 2023

Jan. 4

9.00

Lowest Inventory 2023

Feb. 2

0.57


SOLD

1

Homes

212

AVERAGE SALES PRICE

$2,900,000

Average Days On Market

DECEMBER 7, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

ROLLING HILLS

DECEMBER 6, 2023

"The Gates"

MARKET


RANCHO PALOS VERDES

SELLER'S 2022

2023

Active Listings

65

63

3.08%

Pending Listings

31

37

19.35%

Inventory/ Months

2.10

1.70

19.05%

Highest Inventory 2023

Jan. 11

1.79

Lowest Inventory 2023

Mar. 8

0.93


DECEMBER 6, 2023 SOLD

10

Homes

53

AVERAGE SALES PRICE

$1,608,900

Average Days On Market

12.98%

DECEMBER 7, 2022 SOLD

12

Homes

56 Average Days On Market

AVERAGE SALES PRICE

$1,848,843

RANCHO PALOS VERDES

MARKET


SAN PEDRO

SELLER'S 2022

2023

Active Listings

71

87

22.53%

Pending Listings

43

46

6.98%

Inventory/ Months

1.67

1.89

13.17%

Highest Inventory 2023

Jan 18

1.63

Lowest Inventory 2023

Feb 15

0.97


DECEMBER 6, 2023 SOLD

6

Homes

12

AVERAGE SALES PRICE

$954,167

Average Days On Market

19.69%

DECEMBER 7, 2022 SOLD

9

Homes

36 Average Days On Market

AVERAGE SALES PRICE

$797,184

SAN PEDRO

MARKET


PLAYA VISTA

SELLER'S 2022

2023

Active Listings

11

17

Pending Listings

6

6

Inventory/ Months

1.83

2.83

Highest Inventory 2023

Mar. 15

2.67

Lowest Inventory 2023

Feb. 15

0.75

54.55%

54.64%


DECEMBER 6, 2023 SOLD

1

Homes

48

AVERAGE SALES PRICE

$699,900

Average Days On Market

46.58%

DECEMBER 7, 2022 SOLD

4

Homes

12 Average Days On Market

AVERAGE SALES PRICE

$1,310,086

PLAYA VISTA

MARKET


WESTCHESTER

SELLER'S 2022

2023

Active Listings

56

39

30.36%

Pending Listings

22

15

31.82%

Inventory/ Months

2.55

2.60

1.96%

Highest Inventory 2023

Jan. 18

2.61

Lowest Inventory 2023

Feb. 22

0.71


DECEMBER 6, 2023 SOLD

10

Homes

25

AVERAGE SALES PRICE

$1,561,225

Average Days On Market

23.71%

DECEMBER 7, 2022 SOLD

5

Homes

22 Average Days On Market

AVERAGE SALES PRICE

$1,262,022

WESTCHESTER

MARKET


CULVER CITY

SELLER'S 2022

2023

Active Listings

57

58

1.75%

Pending Listings

28

26

7.14%

Inventory/ Months

2.04

2.23

9.31%

Highest Inventory 2023

Jan. 11

2.58

Lowest Inventory 2023

Mar 15

1.03


DECEMBER 6, 2023 SOLD

5

Homes

28

AVERAGE SALES PRICE

$1,333,200

Average Days On Market

9.49%

DECEMBER 7, 2022 SOLD

10

Homes

33 Average Days On Market

AVERAGE SALES PRICE

$1,217,700

CULVER CITY

MARKET


PLAYA DEL REY

SELLER’S 2022

2023

Active Listings

18

20

11.11%

Pending Listings

12

10

16.67%

Inventory/ Months

1.50

2.00

33.33%

Highest Inventory 2023

Mar. 8

1.00

Lowest Inventory 2023

Mar. 1

0.60


DECEMBER 6, 2023 SOLD

3

Homes

69

AVERAGE SALES PRICE

$781,667

Average Days On Market

13.63%

DECEMBER 7, 2022 SOLD

2

Homes

13 Average Days On Market

AVERAGE SALES PRICE

$905,000

PLAYA DEL REY

MARKET


PALMS/MAR VISTA

SELLER’S 2022

2023

Active Listings

30

53

76.67%

Pending Listings

16

24

50.00%

Inventory/ Months

1.88

2.21

17.55%

Highest Inventory 2023

Mar. 8

2.45

Lowest Inventory 2023

Mar. 1

1.00


DECEMBER 6, 2023 SOLD

3

Homes

8

AVERAGE SALES PRICE

$2,235,000

Average Days On Market

29.17%

DECEMBER 7, 2022 SOLD

9

Homes

33 Average Days On Market

AVERAGE SALES PRICE

$1,730,239

PALMS/MAR VISTA

MARKET


HOLLY GLEN/ DEL AIRE

SELLER'S 2022

2023

Active Listings

11

8

27.27%

Pending Listings

7

11

57.14%

Inventory/ Months

1.57

0.73

53.50%

Highest Inventory 2023

Feb 8

2.75

Lowest Inventory 2023

Mar. 8

0.45


DECEMBER 6, 2023 SOLD

2

Homes

14

AVERAGE SALES PRICE

$1,295,000

Average Days On Market

39.06%

DECEMBER 7, 2022 SOLD

4

Homes

13 Average Days On Market

AVERAGE SALES PRICE

$931,250

HOLLY GLEN/DEL AIRE

MARKET


INGLEWOOD

SELLER’S 2022

2023

Active Listings

84

82

2.38%

Pending Listings

30

35

16.67%

Inventory/ Months

2.80

2.34

16.43%

Highest Inventory 2023

Feb. 15

2.52

Lowest Inventory 2023

Mar 1

1.92


DECEMBER 6, 2023 SOLD

5

Homes

18

AVERAGE SALES PRICE

$648,800

Average Days On Market

8.30%

DECEMBER 7, 2022 SOLD

6

Homes

41 Average Days On Market

AVERAGE SALES PRICE

$707,500

INGLEWOOD

MARKET


HAWTHORNE

SELLER'S 2022

2023

Active Listings

32

15

53.13%

Pending Listings

11

16

45.45%

Inventory/ Months

2.91

0.94

67.69%

Highest Inventory 2023

Jan. 18

4.50

Lowest Inventory 2023

Mar. 1

1.43


DECEMBER 6, 2023 SOLD

3

Homes

39

AVERAGE SALES PRICE

$854,333

Average Days On Market

29.44%

DECEMBER 7, 2022 SOLD

1

Homes

54 Average Days On Market

AVERAGE SALES PRICE

$660,000

HAWTHORNE

MARKET


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