South Bay / Westside Market Inventory Report | Palm Realty Boutique | December 13, 2023

Page 1

DECEMBER 13, 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

341

352

3.23%

Pending Listings

173

177

2.31%

Inventory/ Months

1.97

1.99

1.02%

Highest Inventory 2023

Jan. 11

2.45

Lowest Inventory 2023

May 10

1.10


DECEMBER 13, 2023 SOLD

41

Homes

41

AVERAGE SALES PRICE

$1,897,624

Average Days On Market

1.86%

DECEMBER 14, 2022 SOLD

43

Homes

47 Average Days On Market

AVERAGE SALES PRICE

$1,862,979

SOUTH BAY

MARKET


EL SEGUNDO

HEALTHY 2022

2023

Active Listings

15

14

6.67%

Pending Listings

6

4

33.33%

Inventory/ Months

2.50

3.50

6.87%

Highest Inventory 2023

Jan. 11

6.50

Lowest Inventory 2023

Mar. 8

1.25


DECEMBER 13, 2023 SOLD

1

Homes

40

AVERAGE SALES PRICE

$685,000

Average Days On Market

49.26%

DECEMBER 14, 2022 SOLD

2

Homes

21 Average Days On Market

AVERAGE SALES PRICE

$1,350,000

EL SEGUNDO

MARKET


MANHATTAN BEACH SAND

BUYER’S 2022

2023

Active Listings

26

35

34.62%

Pending Listings

1

5

400.00%

Inventory/ Months

26.00 7.00

Highest Inventory 2023

Jan. 11

15.00

Lowest Inventory 2023

May 17

2.10

73.08%


DECEMBER 13, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 14, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

MANHATTAN BEACH SAND

MARKET


MANHATTAN BEACH TREE

SELLER’S 2022

2023

Active Listings

8

13

62.50%

Pending Listings

4

10

150.00%

Inventory/ Months

2.00

1.30

35.00%

Highest Inventory 2023

Jan 18

3.00

Lowest Inventory 2023

Feb. 22

0.83


DECEMBER 13, 2023 SOLD

3

Homes

22

AVERAGE SALES PRICE

$2,756,667

Average Days On Market

25.30%

DECEMBER 14, 2022 SOLD

1

Homes

7 Average Days On Market

AVERAGE SALES PRICE

$2,200,000

MANHATTAN BEACH TREE

MARKET


MANHATTAN BEACH HILL

SELLER’S 2022

2023

Active Listings

8

5

Pending Listings

0

2

Inventory/ Months

-

2.50

Highest Inventory 2023

Aug. 24

16.00

Lowest Inventory 2023

Apr. 13

1.25

37.50%


DECEMBER 13, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 14, 2022 SOLD

1

Homes

0 Average Days On Market

AVERAGE SALES PRICE

$3,200,000

MANHATTAN BEACH HILL

MARKET


MANHATTAN BEACH EAST

SELLER’S 2022

2023

Active Listings

8

13

62.50%

Pending Listings

11

4

63.64%

Inventory/ Months

0.73

3.25

345.21%

Highest Inventory 2023

Jan. 25

3.67

Lowest Inventory 2023

May 10

0.63


DECEMBER 13, 2023 SOLD

1

Homes

47

AVERAGE SALES PRICE

$3,800,000

Average Days On Market

98.07%

DECEMBER 14, 2022 SOLD

2

Homes

61 Average Days On Market

AVERAGE SALES PRICE

$1,918,500

MANHATTAN BEACH EAST

MARKET


HERMOSA BEACH SAND

SELLER’S 2022

2023

Active Listings

13

23

Pending Listings

8

8

Inventory/ Months

1.63

2.88

Highest Inventory 2023

Feb. 8

8.00

Lowest Inventory 2023

Feb. 22

3.00

76.92%

73.49%


DECEMBER 13, 2023 SOLD

1

Homes

41

AVERAGE SALES PRICE

$7,085,000

Average Days On Market

DECEMBER 14, 2022 SOLD

3

Homes

9 Average Days On Market

AVERAGE SALES PRICE

$2,833,333

HERMOSA BEACH SAND

MARKET


HERMOSA BEACH VALLEY

SELLER'S 2022

2023

Active Listings

5

6

20.00%

Pending Listings

6

2

66.67%

Inventory/ Months

0.83

3.00

261.45%

Highest Inventory 2023

Jan. 25

2.33

Lowest Inventory 2023

Mar. 15

0.50


DECEMBER 13, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 14, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

HERMOSA BEACH VALLEY

MARKET


HERMOSA BEACH EAST

HEALTHY 2022

2023

Active Listings

8

9

Pending Listings

2

2

Inventory/ Months

4.00

4.50

Highest Inventory 2023

Jan. 11

11.00

Lowest Inventory 2023

Feb. 8

0.83

12.50%

12.50%


DECEMBER 14, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 15, 2022 SOLD

1

Homes

1 Average Days On Market

AVERAGE SALES PRICE

$1,300,000

HERMOSA BEACH EAST

MARKET


NORTH REDONDO BEACH

SELLER'S 2022

2023

Active Listings

50

30

40.00%

Pending Listings

23

13

43.48%

Inventory/ Months

2.17

2.31

6.45%

Highest Inventory 2022 Sept. 28

2.16

Apr. 20

0.27

Lowest Inventory 2022


DECEMBER 13, 2023 SOLD

7

Homes

28

AVERAGE SALES PRICE

$1,361,857

Average Days On Market

12.86%

DECEMBER 14, 2022 SOLD

3

Homes

24 Average Days On Market

AVERAGE SALES PRICE

$1,206,667

NORTH REDONDO BEACH

MARKET


SOUTH REDONDO BEACH

SELLER'S 2022

2023

Active Listings

14

13

7.14%

Pending Listings

10

9

10.00%

Inventory/ Months

1.40

1.44

2.86%

Highest Inventory 2023

Jan. 18

4.00

Lowest Inventory 2023

May 3

0.40


DECEMBER 13, 2023 SOLD

5

Homes

24

AVERAGE SALES PRICE

$1,677,000

Average Days On Market

11.03%

DECEMBER 14, 2022 SOLD

3

Homes

50 Average Days On Market

AVERAGE SALES PRICE

$1,885,000

SOUTH REDONDO BEACH

MARKET


West of PCH

SOUTH REDONDO BEACH

SELLER’S 2022

2023

Active Listings

6

22

266.67%

Pending Listings

4

7

75.00%

Inventory/ Months

1.50

3.14

109.33%

Highest Inventory 2023

Jan. 11

8.00

Lowest Inventory 2023

May 11

0.44


SOLD

3

Homes

45

AVERAGE SALES PRICE

$1,217,667

Average Days On Market

11.97%

DECEMBER 14, 2022 SOLD

2

Homes

1 Average Days On Market

AVERAGE SALES PRICE

$1,087,500

SOUTH REDONDO BEACH

DECEMBER 13, 2023

West of PCH

MARKET


HOLLYWOOD RIVIERA

SELLER’S 2022

2023

Active Listings

8

7

12.50%

Pending Listings

3

7

133.33%

Inventory/ Months

2.67

1.00

62.55%

Highest Inventory 2023

Aug. 10

3.60

Lowest Inventory 2023

Mar. 16

0.30


DECEMBER 13, 2023 SOLD

2

Homes

19

AVERAGE SALES PRICE

$1,287,000

Average Days On Market

29.67%

DECEMBER 14, 2022 SOLD

3

Homes

81 Average Days On Market

AVERAGE SALES PRICE

$1,830,000

HOLLYWOOD RIVIERA

MARKET


WALTERIA

SELLER’S 2022

2023

Active Listings

6

4

Pending Listings

2

2

Inventory/ Months

3.00

2.00

Highest Inventory 2023

Mar. 15

4.00

Lowest Inventory 2023

Jan. 18

0.50

33.33%

33.33%


DECEMBER 13, 2023 SOLD

1

Homes

23

AVERAGE SALES PRICE

$1,274,000

Average Days On Market

4.21%

DECEMBER 14, 2022 SOLD

1

Homes

93 Average Days On Market

AVERAGE SALES PRICE

$1,330,000

WALTERIA

MARKET


CENTRAL TORRANCE

SELLER’S 2022

2023

Active Listings

9

8

11.11%

Pending Listings

9

6

33.33%

Inventory/ Months

1.00

1.33

33.00%

Highest Inventory 2023

Jan. 18

2.75

Lowest Inventory 2023

Mar. 15

0.33


DECEMBER 13, 2023 SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 14, 2022 SOLD

2

Homes

29 Average Days On Market

AVERAGE SALES PRICE

$1,005,000

CENTRAL TORRANCE

MARKET


SOUTH TORRANCE

SELLER'S 2022

2023

Active Listings

15

10

33.33%

Pending Listings

9

5

44.44%

Inventory/ Months

1.67

2.00

19.76%

Highest Inventory 2023

Feb. 1

3.50

Lowest Inventory 2023

May 10

0.47


DECEMBER 13, 2023 SOLD

3

Homes

19

AVERAGE SALES PRICE

$912,333

Average Days On Market

DECEMBER 14, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

SOUTH TORRANCE

MARKET


WEST TORRANCE

SELLER’S 2022

2023

Active Listings

17

11

35.29%

Pending Listings

8

6

25.00%

Inventory/ Months

2.13

1.83

14.08%

Highest Inventory 2023

Jan. 18

4.00

Lowest Inventory 2023

Mar. 15

0.31


DECEMBER 13, 2023 SOLD

1

Homes

146

AVERAGE SALES PRICE

$2,300,000

Average Days On Market

48.39%

DECEMBER 14, 2022 SOLD

1

Homes

49 Average Days On Market

AVERAGE SALES PRICE

$1,550,000

WEST TORRANCE

MARKET


NORTH TORRANCE

SELLER'S 2022

2023

Active Listings

21

9

57.14%

Pending Listings

9

15

66.67%

Inventory/ Months

2.33

0.60

74.25%

Highest Inventory 2023

Feb 8

2.50

Lowest Inventory 2023

Mar. 1

0.59


DECEMBER 13, 2023 SOLD

3

Homes

7

AVERAGE SALES PRICE

$1,051,333

Average Days On Market

16.92%

DECEMBER 14, 2022 SOLD

3

Homes

8 Average Days On Market

AVERAGE SALES PRICE

$899,167

NORTH TORRANCE

MARKET


SELLER'S 2023

Active Listings

14

10

28.57%

Pending Listings

13

7

46.15%

Inventory/ Months

1.08

1.43

32.41%

OLD TORRANCE

and South East

2022

Highest Inventory 2023

Mar. 15

2.00

Lowest Inventory 2023

Feb. 15

0.58


SOLD

2

Homes

12

AVERAGE SALES PRICE

$910,800

Average Days On Market

DECEMBER 14, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

OLD TORRANCE

DECEMBER 13, 2023

and South East

MARKET


PALOS VERDES ESTATES

SELLER’S 2022

2023

Active Listings

26

43

65.38%

Pending Listings

9

22

144.44%

Inventory/ Months

2.89

1.95

32.53%

Highest Inventory 2023

Jan 18

2.80

Lowest Inventory 2023

Mar. 1

0.89


DECEMBER 13, 2023 SOLD

1

Homes

9

AVERAGE SALES PRICE

$1,799,000

Average Days On Market

55.74%

DECEMBER 14, 2022 SOLD

4

Homes

136 Average Days On Market

AVERAGE SALES PRICE

$4,065,000

PALOS VERDES ESTATES

MARKET


2022

2023

Active Listings

9

8

Pending Listings

1

1

"The Gates"

ROLLING HILLS

BUYER’S

Inventory/ Months

9.00

11.11%

8.00

Highest Inventory 2023

Jan. 4

9.00

Lowest Inventory 2023

Feb. 2

0.57

11.11%


SOLD

0

Homes

0

AVERAGE SALES PRICE

-

Average Days On Market

DECEMBER 14, 2022 SOLD

1

Homes

64 Average Days On Market

AVERAGE SALES PRICE

$2,300,000

ROLLING HILLS

DECEMBER 13, 2023

"The Gates"

MARKET


RANCHO PALOS VERDES

SELLER'S 2022

2023

Active Listings

55

59

7.27%

Pending Listings

35

40

14.29%

Inventory/ Months

1.57

1.48

5.73%

Highest Inventory 2023

Jan. 11

1.79

Lowest Inventory 2023

Mar. 8

0.93


DECEMBER 13, 2023 SOLD

6

Homes

118

AVERAGE SALES PRICE

$3,608,333

Average Days On Market

121.99%

DECEMBER 14, 2022 SOLD

8

Homes

37 Average Days On Market

AVERAGE SALES PRICE

$1,625,452

RANCHO PALOS VERDES

MARKET


SAN PEDRO

SELLER'S 2022

2023

Active Listings

67

78

16.42%

Pending Listings

45

57

26.67%

Inventory/ Months

1.49

1.37

8.05%

Highest Inventory 2023

Jan 18

1.63

Lowest Inventory 2023

Feb 15

0.97


DECEMBER 13, 2023 SOLD

3

Homes

47

AVERAGE SALES PRICE

$879,333

Average Days On Market

37.06%

DECEMBER 14, 2022 SOLD

7

Homes

55 Average Days On Market

AVERAGE SALES PRICE

$641,571

SAN PEDRO

MARKET


PLAYA VISTA

SELLER'S 2022

2023

Active Listings

15

16

6.67%

Pending Listings

5

8

60.00%

Inventory/ Months

3.00

2.00

33.33%

Highest Inventory 2023

Mar. 15

2.67

Lowest Inventory 2023

Feb. 15

0.75


DECEMBER 13, 2023 SOLD

1

Homes

7

AVERAGE SALES PRICE

$3,125,000

Average Days On Market

103.98%

DECEMBER 14, 2022 SOLD

2

Homes

6 Average Days On Market

AVERAGE SALES PRICE

$1,532,000

PLAYA VISTA

MARKET


WESTCHESTER

SELLER'S 2022

2023

Active Listings

53

33

37.74%

Pending Listings

22

12

45.45%

Inventory/ Months

2.41

2.75

14.11%

Highest Inventory 2023

Jan. 18

2.61

Lowest Inventory 2023

Feb. 22

0.71


DECEMBER 13, 2023 SOLD

4

Homes

21

AVERAGE SALES PRICE

$1,592,000

Average Days On Market

32.74%

DECEMBER 14, 2022 SOLD

9

Homes

24 Average Days On Market

AVERAGE SALES PRICE

$1,199,133

WESTCHESTER

MARKET


CULVER CITY

SELLER'S 2022

2023

Active Listings

51

60

17.65%

Pending Listings

27

26

3.70%

Inventory/ Months

1.89

2.31

22.22%

Highest Inventory 2023

Jan. 11

2.58

Lowest Inventory 2023

Mar 15

1.03


DECEMBER 13, 2023 SOLD

3

Homes

42

AVERAGE SALES PRICE

$1,228,333

Average Days On Market

5.49%

DECEMBER 14, 2022 SOLD

9

Homes

13 Average Days On Market

AVERAGE SALES PRICE

$1,164,444

CULVER CITY

MARKET


PLAYA DEL REY

SELLER’S 2022

2023

Active Listings

17

22

29.41%

Pending Listings

14

7

50.00%

Inventory/ Months

1.21

3.14

159.50%

Highest Inventory 2023

Mar. 8

1.00

Lowest Inventory 2023

Mar. 1

0.60


DECEMBER 13, 2023 SOLD

4

Homes

32

AVERAGE SALES PRICE

$1,275,983

Average Days On Market

18.99%

DECEMBER 14, 2022 SOLD

1

Homes

95 Average Days On Market

AVERAGE SALES PRICE

$1,575,000

PLAYA DEL REY

MARKET


PALMS/MAR VISTA

SELLER’S 2022

2023

Active Listings

27

48

77.78%

Pending Listings

12

22

83.33%

Inventory/ Months

2.25

2.18

3.11%

Highest Inventory 2023

Mar. 8

2.45

Lowest Inventory 2023

Mar. 1

1.00


DECEMBER 13, 2023 SOLD

5

Homes

30

AVERAGE SALES PRICE

$2,382,769

Average Days On Market

0.33%

DECEMBER 14, 2022 SOLD

5

Homes

15 Average Days On Market

AVERAGE SALES PRICE

$2,375,000

PALMS/MAR VISTA

MARKET


HOLLY GLEN/ DEL AIRE

SELLER'S 2022

2023

Active Listings

8

6

25.00%

Pending Listings

10

12

20.00%

Inventory/ Months

0.80

0.50

37.50%

Highest Inventory 2023

Feb 8

2.75

Lowest Inventory 2023

Mar. 8

0.45


DECEMBER 13, 2023 SOLD

2

Homes

30

AVERAGE SALES PRICE

$1,155,000

Average Days On Market

DECEMBER 14, 2022 SOLD

0

Homes

0 Average Days On Market

AVERAGE SALES PRICE

-

HOLLY GLEN/DEL AIRE

MARKET


INGLEWOOD

SELLER’S 2022

2023

Active Listings

87

83

4.60%

Pending Listings

26

33

26.92%

Inventory/ Months

3.35

2.52

24.78%

Highest Inventory 2023

Feb. 15

2.52

Lowest Inventory 2023

Mar 1

1.92


DECEMBER 13, 2023 SOLD

4

Homes

27

AVERAGE SALES PRICE

$802,928

Average Days On Market

41.38%

DECEMBER 14, 2022 SOLD

6

Homes

31 Average Days On Market

AVERAGE SALES PRICE

$567,917

INGLEWOOD

MARKET


HAWTHORNE

SELLER'S 2022

2023

Active Listings

30

16

46.67%

Pending Listings

10

12

20.00%

Inventory/ Months

3.00

1.33

55.67%

Highest Inventory 2023

Jan. 18

4.50

Lowest Inventory 2023

Mar. 1

1.43


DECEMBER 13, 2023 SOLD

4

Homes

27

AVERAGE SALES PRICE

$803,298

Average Days On Market

2.53%

DECEMBER 14, 2022 SOLD

3

Homes

53 Average Days On Market

AVERAGE SALES PRICE

$824,167

HAWTHORNE

MARKET


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