SOUTH BAY/ WESTSIDE MARKET INVENTORY REPORT | PALM REALTY BOUTIQUE | APRIL 23, 2024

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SOUTH BAY / WESTSIDE INVENTORY Market

A P R I L 2 4 , 2 0 2 4
11.62% Highest Inventory 2023 Jan. 11 2.45 May 10 1.10 S
H B A Y 2023 2024 SELLER'S 269 374 1.39 306 241 1.27 Active Listings Pending Listings Inventory/ Months 22.22% Lowest Inventory 2023 9.45%
O U T

AVERAGE

$1,933,197

S O U T H B A Y

AverageDays OnMarket SOLD 52
62
Homes APRIL 24, 2024 33
Homes APRIL 26, 2023 SOLD
37 AverageDays OnMarket
$1,976,699 MARKET
SALES
PRICE
AVERAGE SALES PRICE 2.20%
Highest Inventory 2023 Jan. 11 6.50 41.67% 73.00% E L S E G U N D O 2023 2024 SELLER’S 13 7 0.54 12 6 2.00 Active Listings Pending Listings Inventory/ Months Mar. 8 1.25 Lowest Inventory 2023 116.67%

$1,880,000

Homes APRIL 24, 2024 0 AverageDays OnMarket SOLD 0 Homes APRIL 26, 2023 SOLD 1 21 AverageDays OnMarket
MARKET AVERAGE SALES PRICEE L S E G
N D O AVERAGE SALES PRICE
U
4 25 6.25 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 SELLER’S 36 15 2.47 Active Listings Pending Listings Inventory/ Months May 17 2.10 Lowest Inventory 2023 44.00% 275.00% 60.48%
AverageDays OnMarket SOLD 1
2
SALES PRICE
SALES
M A N H A T T A N B E A C H S A N D
Homes APRIL 24, 2024 63
Homes APRIL 26, 2023 SOLD
21 AverageDays OnMarket $4,575,000 MARKET AVERAGE
$4,750,000 AVERAGE
PRICE
3.83%
Highest Inventory 2023 Jan 18 3.00 1.80 5 M A N H A T T A N B E A C H T R E E 2023 2024 SELLER’S 9 10 6 1.67 Active Listings Pending Listings Inventory/ Months Feb. 22 0.83 Lowest Inventory 2023 10.00% 16.67% 7.78%

$5,250,000

Homes APRIL 24, 2024 0 AverageDays OnMarket SOLD 0 Homes APRIL 26, 2023 SOLD 3 130 AverageDays OnMarket
MARKET AVERAGE SALES PRICEAVERAGE SALES PRICE M A N H A T T A N B E A C H T R E E
Highest Inventory 2023 Aug. 24 16.00 1.33 3 M A N H A T T A N B E A C H H I L L 2023 2024 SELLER’S 4 12 3 4.00 Active Listings Pending Listings Inventory/ Months Apr. 13 1.25 Lowest Inventory 2023 66.75% 66.67%
Homes APRIL 24, 2024 83 AverageDays OnMarket SOLD 1 Homes APRIL 26, 2023 SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICE $2,800,000 AVERAGE SALES PRICE M A N H A T T A N B E A C H H I L L
Highest Inventory 2023 Jan. 25 3.67 231.88% 46.15% 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 7 16 2.29 9 13 0.69 Active Listings Pending Listings Inventory/ Months 77.78%

$1,920,000

Homes APRIL 24, 2024 36 AverageDays OnMarket SOLD 3 Homes
26,
SOLD 4
AverageDays OnMarket
MARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE M A N H A T T A N B E A C H E A S T 29.67%
APRIL
2023
16
$2,489,667
Highest Inventory 2023 Feb. 8 8.00 9.09% Feb. 22 3.00 Lowest Inventory 2023 H E R M O S A B E A C H S A N D 2023 2024
5 20 4.00 22 7 3.14 Active Listings Pending Listings Inventory/ Months 28.57% 27.39%
HEALTHY
Homes APRIL 24, 2024 52 AverageDays OnMarket SOLD 2 Homes APRIL 26, 2023 SOLD 1
AverageDays OnMarket
MARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE H E R M O S A B E A C H S A N D 9.92%
12
$3,875,000
$3,490,500
Highest Inventory 2023 Jan. 25 2.33 0.71 Mar. 15 0.50 Lowest Inventory 2023 H E R M O S A B E A C H V A L L E Y 2023 2024 SELLER'S 7 5 4 5 0.80 Active Listings Pending Listings Inventory/ Months 40.00% 11.25% 25.00%
Homes APRIL 24, 2024 0 AverageDays OnMarket SOLD 0 Homes APRIL 26, 2023 SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICE AVERAGE SALES PRICE H 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 12.50% H E R M O S A B E A C H E A S T 2023 2024
2 7 3.50 8 6 1.33 Active Listings Pending Listings Inventory/ Months 163.16% 66.67%
HEALTHY

APRIL 24, 2024

SOLD 1

Homes

125 AverageDays OnMarket

AVERAGE SALES PRICE

$3,000,000

APRIL 26, 2023

SOLD 1

Homes

72 AverageDays OnMarket

AVERAGE SALES PRICE

$2,600,000 MARKET
H E R M O S A B E A C H E A S T 15.38%
Highest Inventory 2022 Sept. 28 2.16 Apr. 20 0.27 Lowest Inventory 2022 3.23% 38.46% N O R T H R E D O N D O B E A C H 2023 2024 SELLER'S 36 30 0.83 31 26 1.19 Active Listings Pending Listings Inventory/ Months 30.25%
Homes APRIL 24, 2024
AverageDays OnMarket SOLD 5 Homes
26,
9
AverageDays OnMarket
AVERAGE SALES PRICE
AVERAGE SALES PRICE N O R T H R E D O N D O B E A C H 89.19%
37
APRIL
2023 SOLD
45
$1,580,222 MARKET
$1,700,850
Highest Inventory 2023 Jan. 18 4.00 186.67% 80.00% May 3 0.40 Lowest Inventory 2023 S O U T H R E D O N D O B E A C H 2023 2024 SELLER'S 14 18 1.29 10 22 0.45 Active Listings Pending Listings Inventory/ Months 36.36%
Homes
24,
AverageDays OnMarket SOLD 3 Homes
2
AverageDays OnMarket
MARKET AVERAGE SALES PRICE
SALES PRICE S O U T H R E D O N D O B E A C H 7.02%
APRIL
2024 17
APRIL 26, 2023 SOLD
99
$2,520,000
$2,343,000 AVERAGE
Highest Inventory 2023 Jan. 11 8.00 8.28% 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 10 17 1.70 11 7 1.57 Active Listings Pending Listings Inventory/ Months W e s t o f P C H 42.86%

APRIL 24, 2024

APRIL 26, 2023 SOLD 2

Homes
OnMarket
3 AverageDays
SOLD 1 Homes
6 AverageDays OnMarket
SALES
$1,079,438 MARKET AVERAGE
PRICE
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 69.53%
$1,830,000 AVERAGE SALES PRICE
Highest Inventory 2023 Aug. 10 3.60 Mar. 16 0.30 Lowest Inventory 2023 10.00% 20.00% H O L L Y W O O D R I V I E R A 2023 2024 HEALTHY 3 9 3.00 10 4 2.50 Active Listings Pending Listings Inventory/ Months 25.00%
Homes APRIL 24, 2024 25 AverageDays OnMarket SOLD 5 Homes APRIL 26, 2023 SOLD 0 0 AverageDays OnMarketMARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE H O L L Y W O O D R I V I E R A
$2,186,200
Highest Inventory 2023 Mar. 15 4.00 200.00% Jan. 18 0.50 Lowest Inventory 2023 W A L T E R I A 2023 2024 SELLER’S 4 6 1.50 2 6 0.33 Active Listings Pending Listings Inventory/ Months 354.55% 33.33%

$1,617,000

Homes APRIL 24, 2024 0 AverageDays OnMarket SOLD 0 Homes
26,
SOLD 2
AverageDays OnMarket
APRIL
2023
37
MARKET AVERAGE SALES PRICEAVERAGE SALES PRICE W
L T
A
E R I A
Highest Inventory 2023 Jan. 18 2.75 66.67% 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 10 10 1.00 8 6 1.33 Active Listings Pending Listings Inventory/ Months 25.00% 24.81%
Homes APRIL 24, 2024 18 AverageDays OnMarket SOLD 4 Homes APRIL 26, 2023 SOLD 2
AverageDays OnMarket
MARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE C E N T R A L T O R R A N C E 50.00%
12
$652,500
$978,750
61.54% Highest Inventory 2023 Feb. 1 3.50 71.30% May 10 0.47 Lowest Inventory 2023 S O U T H T O R R A N C E 2023 2024 SELLER'S 16 5 0.31 13 12 1.08 Active Listings Pending Listings Inventory/ Months 33.33%

APRIL 24, 2024

Homes

SOLD 1 Homes

81 AverageDays OnMarket

APRIL 26, 2023

SOLD 3

25 AverageDays OnMarket

$1,196,667

T O R R A N C E
68.75%
MARKET AVERAGE SALES PRICE AVERAGE SALES PRICE S O U T H
$374,000
Highest Inventory 2023 Jan. 18 4.00 Mar. 15 0.31 Lowest Inventory 2023 39.29% W E S T T O R R A N C E 2023 2024 SELLER’S 9 7 0.78 5 9 0.56 Active Listings Pending Listings Inventory/ Months 40.00%

APRIL 24, 2024

APRIL 26, 2023

SOLD 5

42 AverageDays OnMarket

Homes
6 AverageDays OnMarket SOLD 2 Homes
W E S T T O R R A N C E 32.93%
$1,337,169 MARKET AVERAGE SALES PRICE $1,777,500 AVERAGE SALES PRICE
Highest Inventory 2023 Feb 8 2.50 8.33% 7.47% Mar. 1 0.59 Lowest Inventory 2023 N O R T H T O R R A N C E 2023 2024 SELLER'S 21 13 0.62 12 18 0.67 Active Listings Pending Listings Inventory/ Months 16.67%

2023

AverageDays OnMarket
7
Homes APRIL 24, 2024 18
SOLD
Homes
APRIL 26,
SOLD 6 35 AverageDays OnMarket
SALES PRICE
$1,015,000 MARKET AVERAGE
T
R R A N C E 8.90%
$1,105,286 AVERAGE SALES PRICE N O R T H
O
45.00% 15.25% Highest Inventory 2023 Mar. 15 2.00 Feb. 15 0.58 Lowest Inventory 2023 O L D T O R R A N C E 2023 2024
11 11 1.00 20 17 1.18 Active Listings Pending Listings Inventory/ Months a n d S o u t h E a s t 35.29%
SELLER'S
Homes APRIL 24, 2024 11 AverageDays OnMarket SOLD 3 Homes APRIL 26, 2023 SOLD 3 22 AverageDays OnMarket
MARKET AVERAGE SALES PRICE $1,046,000 AVERAGE SALES PRICE O L D T O R R A N C E a n d S o u t h E a s t 29.08%
$810,333
20.00% 15.29% 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 24 47 1.96 34 20 1.70 Active Listings Pending Listings Inventory/ Months Mar. 1 0.89 Lowest Inventory 2023 38.24%
Homes APRIL 24, 2024
AverageDays OnMarket SOLD 4 Homes
26,
SOLD 6 24 AverageDays OnMarket
MARKET AVERAGE SALES PRICE
SALES PRICE P A L O S V E R D E S E S T A T E S 44.02%
38
APRIL
2023
$2,497,000
$3,956,250 AVERAGE
Highest Inventory 2023 Jan. 4 9.00 50.00% 33.33% 1.50 Feb. 2 0.57 Lowest Inventory 2023 R O L L I N G H I L L S 2023 2024 SELLER’S 6 9 9 4 2.25 Active Listings Pending Listings Inventory/ Months " T h e G a t e s "

$3,325,000

Homes APRIL 24, 2024 0 AverageDays OnMarket SOLD 0 Homes
26,
2
AverageDays OnMarket
APRIL
2023 SOLD
55
MARKET 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 "
20.00% 84.69% 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 48 87 1.81 39 40 0.98 Active Listings Pending Listings Inventory/ Months Mar. 8 0.93 Lowest Inventory 2023 123.08%
Homes APRIL 24, 2024
AverageDays OnMarket SOLD 7 Homes APRIL 26, 2023 SOLD 9 38 AverageDays OnMarket
MARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE R A N C H O P A L O S V E R D E S 13.99%
70
$2,526,846
$2,173,429
Highest Inventory 2023 Jan 18 1.63
2023 2024 SELLER'S 48 57 1.19 50 54 0.93 Active Listings Pending Listings Inventory/ Months Feb 15 0.97 Lowest Inventory 2023 11.11% 27.96% 14.00%
S A N P E D R O

S A N P E D R O

Homes
24, 2024
AverageDays OnMarket SOLD 12 Homes
26,
SOLD 10
AverageDays OnMarket
MARKET AVERAGE SALES PRICE
SALES PRICE 5.30%
APRIL
23
APRIL
2023
20
$751,890
$791,773 AVERAGE
10.71% Highest Inventory 2023 Mar. 15 2.67 21.43% P L A Y A V I S T A 2023 2024 SELLER’S 11 17 1.55 14 10 1.40 Active Listings Pending Listings Inventory/ Months Feb. 15 0.75 Lowest Inventory 2023 10.00%

APRIL 24, 2024

Homes

APRIL 26, 2023

SOLD 2

93 AverageDays OnMarket SOLD 2 Homes

AVERAGE SALES PRICE $1,007,500

15 AverageDays OnMarket

AVERAGE SALES PRICE

$2,157,500 MARKET
L
V I S T A
P
A Y A
53.30%
W E S T C H E S T E R 2023 2024
20 55 2.75 33 28 1.18 Active Listings Pending Listings Inventory/ Months 28.57% 66.67% 133.05% Highest Inventory 2023 Jan. 18 2.61 Feb. 22 0.71 Lowest Inventory 2023
SELLER’S
Homes APRIL 24, 2024 14 AverageDays OnMarket SOLD 3 Homes APRIL 26,
9
AverageDays OnMarket
2023 SOLD
40
AVERAGE SALES PRICE
AVERAGE SALES PRICE
E S T E R 36.82%
$1,468,641 MARKET
$2,009,333
W E S T C H
8.51% 15.15% Highest Inventory 2023 Jan. 11 2.58 C U L V E R C I T Y 2023 2024 SELLER’S 38 51 1.34 47 33 1.42 Active Listings Pending Listings Inventory/ Months Mar 15 1.03 Lowest Inventory 2023 5.63%
24,
AverageDays OnMarket
8
Homes APRIL
2024 14
SOLD
Homes APRIL 26, 2023 SOLD 6
49 AverageDays OnMarket
SALES PRICE
SALES PRICE
C I T Y 26.96%
$1,591,833 MARKET AVERAGE
$1,162,750 AVERAGE
C U L V E R
215.89% Highest Inventory 2023 Mar. 8 1.00 42.86% Mar. 1 0.60 Lowest Inventory 2023 P L A Y A D E L R E Y 2023 2024 HEALTHY 8 27 3.38 15 14 1.07 Active Listings Pending Listings Inventory/ Months 80.00%
Homes APRIL 24, 2024 23 AverageDays OnMarket SOLD 2 Homes APRIL 26, 2023 SOLD 2 15 AverageDays OnMarket
MARKET AVERAGE SALES PRICE $759,500 AVERAGE SALES PRICE
L A Y A D E L R E Y 16.85%
$650,000
P
123.27% 20.49% 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 34 50 1.47 22 18 1.22 Active Listings Pending Listings Inventory/ Months 88.89%
Homes APRIL 24, 2024
AverageDays OnMarket SOLD 8 Homes
26,
9 19 AverageDays OnMarket
MARKET
SALES PRICE
SALES PRICE P A L M S / M A R V I S T A 21.62%
31
APRIL
2023 SOLD
$1,861,244
AVERAGE
$1,458,857 AVERAGE
Highest Inventory 2023 Feb 8 2.75 85.71% 271.43% 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 5 13 2.60 7 10 0.70 Active Listings Pending Listings Inventory/ Months 50.00%
Homes APRIL 24, 2024
AverageDays OnMarket SOLD 5 Homes APRIL 26, 2023 SOLD 1 38 AverageDays OnMarket
AVERAGE SALES PRICE
AVERAGE SALES PRICE H O L L Y G L E N / D E L A I R E MARKET 37.47%
64
$879,000
$1,208,350
Highest Inventory 2023 Feb. 15 2.52 14.62% 9.46% I N G L E W O O D 2023 2024 SELLER’S 45 67 1.49 74 57 1.30 Active Listings Pending Listings Inventory/ Months Mar 1 1.92 Lowest Inventory 2023 21.06%
Homes APRIL 24, 2024 22 AverageDays OnMarket SOLD 5 Homes APRIL 26, 2023 SOLD 8 15 AverageDays OnMarket
MARKET AVERAGE SALES PRICE
AVERAGE SALES PRICE I
G
O O D 7.49%
$774,588
$832,600
N
L E W
Highest Inventory 2023 Jan. 18 4.50 41.09% 40.91% Mar. 1 1.43 Lowest Inventory 2023 H A W T H O R N E 2023 2024 17 13 0.76 22 17 1.29 Active Listings Pending Listings Inventory/ Months
SELLER'S

7

43

APRIL 24, 2024
Homes
AverageDays OnMarket SOLD 3 Homes
26,
SOLD 3
APRIL
2023
AverageDays OnMarket
MARKET
SALES PRICE
SALES PRICE H
T H O R N E 20.59%
$736,667
AVERAGE
$888,333 AVERAGE
A W
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