RE/MAX Estate Properties - Westside

Page 1

DECEMBER 2023


WEST SIDE MARKET INTELLIGENCE REPORT

...BROUGHT TO YOU BY

RE/MAX ESTATE PROPERTIES

DRE # 01879720

WE ARE THE COAST | RE/MAX ESTATE PROPERTIES | MALAGA COVE OFFICE 310.378.9494 | MARKETING@EPLAHOMES.COM

$4 BILLION

2022 DOLLAR VOLUME

500+

REAL ESTATE AGENTS

#1 SOUTH BAY

HELPING 3,800+ FAMILIES YEARLY

12 OFFICES

WE ARE THE COAST


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$5,100,000 $4,418,500$4,680,000

$4,326,000 $3,450,000 $2,742,000 $2,485,125$2,445,000$2,450,000 $2,225,000$2,325,000

$1,900,000

MEDIAN SALES PRICE

$2,742,000

$1,430,800

-46.24%

TOTAL INVENTORY

165

36.36%

INVENTORY SNAPSHOT

11/22

12/22

1/23

144

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

13

Total Inventory

Total Sold

146

134

135

17 5/23

6/23

-38.1%

MEDIAN DAYS ON MARKET

29

-49.12%

145 121 110

123

124

10 1/23

3 2/23

126

143

143

12 8/23

11 9/23

164

165

17 10/23

13 11/23

MEDIAN PRICE PER SQFT

$1,342.86 30.5%

21 11/22

12 12/22

24 3/23

21 4/23

24

15 7/23

SALES RATIO

7.88%

-53.65%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

MEDIAN SALES PRICE

$1,765,000

$1,912,150 $1,775,000

$1,800,000

$1,765,000

$1,660,000

$1,582,250 $1,500,000

$1,475,000 $1,422,500

$1,352,000$1,325,000

$1,330,000

17.67%

$1,100,000

TOTAL INVENTORY

58

3.57%

INVENTORY SNAPSHOT

11/22

12/22

1/23

43

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

10

Total Inventory

Total Sold

-9.09%

MEDIAN DAYS ON MARKET

23.5

80.77%

56

58

60

59

57

53

12

13

14

17

19

1/23

2/23

3/23

4/23

5/23

52

57

61

67

62 56

58

MEDIAN PRICE PER SQFT

$925.53 14.55%

11 11/22

10 12/22

15 6/23

11 7/23

15

12

12

8/23

9/23

10/23

10 11/23

SALES RATIO

17.24% -13.79%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$3,895,500 $3,250,000

$3,125,000

$2,929,675

$2,774,000 $2,405,000

MEDIAN SALES PRICE

$2,300,000

$2,102,500

$1,931,490

$1,526,000

$1,455,000

-40.57%

$2,192,000 $1,931,490

$1,470,000

TOTAL INVENTORY

135

40.63%

INVENTORY SNAPSHOT

11/22

12/22

1/23

94

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

24

Total Inventory

Total Sold

9.09%

MEDIAN DAYS ON MARKET

155

16.5

17.86%

137 96

115

137

129

127

24

25

23

26

4/23

5/23

6/23

7/23

118

140

139

135

23

21

24

8/23

9/23

18 10/23

128

85

MEDIAN PRICE PER SQFT

$985.96 -6.72%

46 22

21

11/22

12/22

16 1/23

19 2/23

3/23

11/23

SALES RATIO

17.78% -22.71%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

$5,210,000

2023

$4,135,000 $3,235,000

MEDIAN SALES PRICE

$4,135,000 114.25%

$4,997,500

$2,962,500

$2,800,000

$2,795,000 $2,655,000 $2,370,000

$2,700,000 $2,315,500

$1,975,000

$1,930,000

TOTAL INVENTORY

20

81.82%

INVENTORY SNAPSHOT

11/22

12/22

1/23

14

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

3

2/23

Total Inventory

Total Sold

-25%

MEDIAN DAYS ON MARKET

8

26

-42.86% 16

MEDIAN PRICE PER SQFT

$1,026.67 -9.94%

11 4 11/22

18

16

13

19

22

22

18

12 5 12/22

2 1/23

3 2/23

7

6

3/23

4/23

6/23

20

4 10/23

3 11/23

11

8 3 5/23

19

4 7/23

5 8/23

9/23

SALES RATIO

15.00% -58.33%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,699,000

$1,647,450 $1,500,000

$1,367,500

$1,350,000 $1,236,000

$1,220,500$1,241,492

MEDIAN SALES PRICE

$1,075,000

$1,241,492

$1,075,000

$983,935

$897,500

-8.04%

$742,000

TOTAL INVENTORY

28

-6.67%

INVENTORY SNAPSHOT

11/22

12/22

1/23

23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

3

2/23

Total Inventory

Total Sold

50%

MEDIAN DAYS ON MARKET

39

11.43%

38 30

38 35

31

31

29

30

39 36

30

28

25 MEDIAN PRICE PER SQFT

$784.86 6.64%

10 2 11/22

12/22

6 1/23

2 2/23

5 3/23

8 4/23

4 5/23

7 6/23

10 7/23

5 8/23

6 9/23

8 10/23

3 11/23

SALES RATIO

10.71% 53.06%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,490,000$1,485,000 $1,446,500 $1,362,500 $1,305,000 $1,247,500 $1,200,032 $1,135,000 $1,065,000 $1,060,000

MEDIAN SALES PRICE

$1,485,000 56.32%

$1,100,000 $950,000

$899,000

TOTAL INVENTORY

100

40.85%

INVENTORY SNAPSHOT

11/22

12/22

1/23

56

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

29

Total Inventory

Total Sold

0%

MEDIAN DAYS ON MARKET

14

-30%

103 98 71

75

29

24

11/22

12/22

72

79

82

109 102

106

100

22

27

29

9/23

10/23

11/23

99

75

MEDIAN PRICE PER SQFT

$879.18 16.6%

18

21

23

18

1/23

2/23

3/23

4/23

28 5/23

39 6/23

26 7/23

33 8/23

SALES RATIO

29.00% -29.27%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,300,000

$1,270,000 $1,185,000

$1,147,500 MEDIAN SALES PRICE

$1,150,000 $1,065,000 $1,020,000

$1,037,500 $982,000

$1,270,000

$885,000

-2.31%

$910,000

$804,000

TOTAL INVENTORY

$797,000

103

37.33%

INVENTORY SNAPSHOT

11/22

12/22

1/23

86

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

14

Total Inventory

Total Sold

55.56%

MEDIAN DAYS ON MARKET

70

32.08%

75

66

MEDIAN PRICE PER SQFT

$646.85 -11.87%

9 11/22

11 12/22

73

85

94

97

95

18

15

5/23

6/23

13 7/23

8/23

89

86

17 4/23

110

115 103

61

6 1/23

12 2/23

10 3/23

15

9 9/23

15 10/23

14 11/23

SALES RATIO

13.59% 13.27%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$780,000 $737,500

MEDIAN SALES PRICE

$626,825

$695,000

$690,000

-9.81%

TOTAL INVENTORY

21.35%

INVENTORY SNAPSHOT

11/22

12/22

1/23

76

2/23

3/23

4/23

5/23

$700,000

$694,500 $635,000

$620,000

$615,000

$598,637

108

$735,000 $710,000

6/23

7/23

8/23

9/23

$626,825

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

16

Total Inventory

Total Sold

-33.33%

MEDIAN DAYS ON MARKET

121

31.5

110%

119 89

94

96

105

114

106 95

92

108

112

108

MEDIAN PRICE PER SQFT

$549.56 0.1%

24

18

11/22

12/22

25 1/23

15 2/23

22

26

3/23

4/23

41

37 20

5/23

6/23

7/23

28 8/23

19

19

9/23

10/23

16 11/23

SALES RATIO

14.81% -45.13%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,198,920 $1,125,000 $1,089,000

MEDIAN SALES PRICE

$1,089,000

$972,000 $913,500 $845,000

$825,000

12.04%

$885,000

$920,000 $850,000

$850,000

$850,000

$725,000

TOTAL INVENTORY

34

-19.05%

INVENTORY SNAPSHOT

11/22

12/22

1/23

24

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

9

2/23

Total Inventory

Total Sold

28.57%

MEDIAN DAYS ON MARKET

14

-54.84%

46 42

39

41

43

45

42

40

42 30

34

37

33

MEDIAN PRICE PER SQFT

$638.85 -3.93%

7 11/22

6 12/22

9 1/23

15 5 2/23

16

8 3/23

4/23

5/23

10 6/23

15 7 7/23

8/23

14 5 9/23

10/23

9 11/23

SALES RATIO

26.47% 55.71%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,472,500

$1,447,500 MEDIAN SALES PRICE

$1,233,800 -5.09%

$1,325,000

$1,318,000

$1,300,000$1,292,500 $1,237,500

114

INVENTORY SNAPSHOT

$1,375,000

$1,349,999

TOTAL INVENTORY

16.33%

$1,404,500 $1,385,000

$1,395,000

11/22

12/22

1/23

83

$1,233,800

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

23

Total Inventory

Total Sold

-8%

MEDIAN DAYS ON MARKET

27

145.45%

98

106

119

111

105

98

18 12/22

20

24

29

1/23

2/23

3/23

104

103

123

122

23

28

28

7/23

8/23

9/23

121

120

114

21

23

10/23

11/23

MEDIAN PRICE PER SQFT

$790.96 -3.07%

25 11/22

17 4/23

26

31

5/23

6/23

SALES RATIO

20.18% -22.4%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

$5,902,500$5,750,000

2023

MEDIAN SALES PRICE

$3,255,000

$4,469,500 $3,792,500

$3,577,500 $3,250,000 $2,792,500

$3,625,000 $3,225,000 $3,145,000 $3,010,000

$3,255,000

$2,042,500

0.15%

TOTAL INVENTORY

118

28.26%

INVENTORY SNAPSHOT

11/22

12/22

1/23

87

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

21

Total Inventory

Total Sold

-12.5%

MEDIAN DAYS ON MARKET

153

18

-14.29%

MEDIAN PRICE PER SQFT

$1,172.96 -0.68%

24 11/22

140

133

132 92

152

149

136 130

129

19 9/23

20 10/23

118

110 82

18 12/22

33 8 1/23

10 2/23

3/23

14 4/23

31 5/23

20 6/23

22 7/23

32 8/23

21 11/23

SALES RATIO

17.80% -31.55%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$2,073,750 $1,975,000

$1,944,844

$1,945,000

MEDIAN SALES PRICE

$1,700,000

$1,772,500

$1,755,000

$1,718,500 $1,690,000$1,687,500

$1,700,000 $1,635,000

$1,627,500

0.59%

$1,465,000

TOTAL INVENTORY

78

9.86%

INVENTORY SNAPSHOT

11/22

12/22

1/23

58

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

15

Total Inventory

Total Sold

-34.78%

MEDIAN DAYS ON MARKET

14

-33.33%

71

73

23

22

11/22

12/22

79 72

73

16

16

1/23

2/23

73

76

80

84 76

78

87 78

MEDIAN PRICE PER SQFT

$1,190.66 19.19%

26

24

3/23

4/23

18 5/23

24 6/23

30 18 7/23

8/23

16

18

15

9/23

10/23

11/23

SALES RATIO

19.23% -39.9%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,235,000 $1,060,000

MEDIAN SALES PRICE

$750,000 -4.94%

$1,050,000 $1,000,000

$953,500 $882,500 $832,500

$789,000

$803,500

$876,000 $820,000

$772,500

$750,000

TOTAL INVENTORY

35

52.17%

INVENTORY SNAPSHOT

11/22

12/22

1/23

19

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

11

Total Inventory

Total Sold

22.22%

53

MEDIAN DAYS ON MARKET

14

-44% 23

27

39

36

32

12 4/23

29

51 45

43

41

35

25

MEDIAN PRICE PER SQFT

$695.07 -8.78%

18 9

8

10

11/22

12/22

1/23

8

10

2/23

3/23

12 5/23

6 6/23

7/23

17

8/23

7

7

9/23

10/23

11 11/23

SALES RATIO

31.43% -19.41%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$2,100,000 $1,733,250

MEDIAN SALES PRICE

$1,520,000

$1,297,500

$1,300,000

-38.21%

$1,500,000 $1,375,500 $1,350,000

$1,297,500 $1,225,000

$1,195,250$1,212,500

$1,160,000 $1,094,000

TOTAL INVENTORY

28

86.67%

INVENTORY SNAPSHOT

11/22

12/22

1/23

17

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

8

2/23

Total Inventory

Total Sold

-11.11%

MEDIAN DAYS ON MARKET

31

16

-30.43%

31

23 20

15

28

27

26

7

8

9

8

8/23

9/23

10/23

11/23

19

23

19

33

20

MEDIAN PRICE PER SQFT

$809.39 7.2%

9

12

9 5

11/22

12/22

1/23

7 2/23

11

10

5 3/23

4/23

5 5/23

6/23

7/23

SALES RATIO

28.57% -52.38%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$2,060,000

MEDIAN SALES PRICE

$1,783,000 15.78%

$2,044,450

$1,757,500

$1,750,000

$1,825,000 $1,783,000

$1,750,000

$1,606,000

$1,570,000 $1,540,000

TOTAL INVENTORY

$1,497,000

$1,453,500

$1,420,000

221

-2.21%

INVENTORY SNAPSHOT

11/22

12/22

1/23

158

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

39

Total Inventory

Total Sold

21.88%

MEDIAN DAYS ON MARKET

24

-35.14%

226 173

185

33 12/22

25 1/23

191

219

204

230

247

235

44

45

45

39

8/23

9/23

10/23

11/23

225

209

38 7/23

197

221

MEDIAN PRICE PER SQFT

$1,124.89 11.6%

32 11/22

39

50

2/23

3/23

24 4/23

42

53

5/23

6/23

SALES RATIO

17.65% 26.05%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$2,971,763 $2,780,000

MEDIAN SALES PRICE

$2,971,763 51.62%

$2,263,625

$2,150,000

$2,737,500 $2,610,000 $2,582,906 $2,500,000 $2,400,000

$2,205,000

$2,000,000

$1,960,000

$1,720,000

TOTAL INVENTORY

124

47.62%

INVENTORY SNAPSHOT

11/22

12/22

1/23

104

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

12

Total Inventory

Total Sold

-33.33%

MEDIAN DAYS ON MARKET

48.5

120.45%

127 115 84

90

18

17 12/22

89

95

87

83

85

88

92

96

16 3/23

20 4/23

17 5/23

15 6/23

11 7/23

12 8/23

124

MEDIAN PRICE PER SQFT

$1,190.14 0.69%

11/22

9 1/23

15 2/23

14 9/23

19 10/23

12 11/23

SALES RATIO

9.68%

-53.92%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,680,000 $1,550,000

MEDIAN SALES PRICE

$1,450,000

$1,550,000

$1,355,000

$1,300,000

$1,250,000

6.9%

$1,212,500 $1,150,000

$1,110,000

$1,086,000$1,100,000

TOTAL INVENTORY

$1,413,500 $1,339,500

22

-21.43%

INVENTORY SNAPSHOT

11/22

12/22

1/23

17

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

4

2/23

Total Inventory

Total Sold

-20%

MEDIAN DAYS ON MARKET

14

-73.58%

33

29 28

26

25

29

20

26

28

29

25

25 22

MEDIAN PRICE PER SQFT

$664.19 26.27%

11 5

5

11/22

12/22

1/23

7

6

2/23

3/23

9 4 4/23

3 5/23

6/23

6

6

7

6

7/23

8/23

9/23

10/23

4 11/23

SALES RATIO

18.18% 1.01%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,875,000

$1,350,000$1,367,500 $1,307,500 $1,265,000$1,299,000$1,250,000 $1,214,500 $1,165,000 $1,142,500 $1,054,000

MEDIAN SALES PRICE

$1,367,500 47.2%

$1,025,000 $929,000

TOTAL INVENTORY

197

30.46%

INVENTORY SNAPSHOT

11/22

12/22

1/23

148

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

33

Total Inventory

Total Sold

22.22%

MEDIAN DAYS ON MARKET

38

52%

183 151

147

27 11/22

23 12/22

172

165 156

164

195

179

195

36

30

36

37

6/23

7/23

8/23

9/23

178

193

197

MEDIAN PRICE PER SQFT

$840.67 2.4%

32 1/23

26 2/23

49 3/23

21 4/23

27 5/23

25 10/23

33 11/23

SALES RATIO

16.75% -6.94%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,275,000

$1,210,000

$1,154,000

MEDIAN SALES PRICE

$1,210,000

$1,256,500

$1,237,500

$1,140,000

$1,020,000

$1,017,000$1,000,000

$964,500 $962,500

18.63%

$923,000

$865,000

TOTAL INVENTORY

57

78.13%

INVENTORY SNAPSHOT

11/22

12/22

1/23

36

2/23

3/23

4/23

5/23

6/23

7/23

13

Total Inventory

67 56

52 32

MEDIAN PRICE PER SQFT

6.68%

11/23

73

MEDIAN DAYS ON MARKET

$792.60

10/23

Total Sold

-43.48%

-60.87%

9/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

9

8/23

42

42

11/22

67 57

31

26

23 9 1/23

61

45

28

6 12/22

64

13

10

12

2/23

3/23

4/23

5/23

16

14

6/23

7/23

8/23

13

12

13

9/23

10/23

11/23

SALES RATIO

22.81% -68.32%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,753,000 $1,614,000

MEDIAN SALES PRICE

$1,579,375

$1,500,000 $1,465,000

$1,440,000

9.68%

$1,350,000

TOTAL INVENTORY

INVENTORY SNAPSHOT

$1,579,375

$1,437,500

$1,435,000 $1,375,000

$1,345,000

$1,275,500

70 0%

$1,700,000

11/22

12/22

1/23

39

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

24

Total Inventory

Total Sold

33.33%

MEDIAN DAYS ON MARKET

17 0%

87

73

70

76 63

55

66

61

65

90 79

65

70

MEDIAN PRICE PER SQFT

$886.26 2.1%

18

18

11/22

12/22

23 1/23

30 2/23

29 3/23

18 4/23

29 5/23

24 6/23

18 7/23

29

25

21

24

8/23

9/23

10/23

11/23

SALES RATIO

34.29% 31.87%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


MEDIAN SALES PRICE - 13 MONTH TREND DECEMBER

2023

$1,595,000

$1,542,500

MEDIAN SALES PRICE

$1,190,000

$1,325,000 $1,300,000 $1,250,000

$1,310,000

-9.16%

$1,332,000$1,325,000 $1,190,000

$1,165,000

$1,125,000

TOTAL INVENTORY

$1,399,500

$1,354,500

257

12.23%

INVENTORY SNAPSHOT

11/22

12/22

1/23

196

2/23

3/23

4/23

5/23

6/23

7/23

8/23

9/23

10/23

11/23

TOTAL INVENTORY/SOLD - 13 MONTH TREND

TOTAL SOLD

41

Total Inventory

Total Sold

0%

MEDIAN DAYS ON MARKET

20

-25.93%

258 229

207

223

231

41

45

11/22

12/22

31 1/23

27 2/23

272

270

46

56

60

47

6/23

7/23

8/23

9/23

236

246

41

55

4/23

5/23

227

272

261

257

34 10/23

11/23

MEDIAN PRICE PER SQFT

$773.15 1.33%

67 3/23

41

SALES RATIO

15.95% -11.37%

Disclaimer: If your home is currently listed by another broker this is not intended as a solicitation. All information provided is deemed reliable, but is not guaranteed and should be independently verified. This data is based in whole or in part on data supplied by the Multiple Listing Service. Neither RE/MAX Estate Properties, the Board nor its MLS guarantee or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activities in the market. Please note that due to changes in how inventory is counted, there will be a higher than normal difference between 2023 data and 2022 data as related to inventory. MLS Search parameters used: Status: Active, Active Under Contract, Closed (set dates to whole month or period pulling data for) Property Sub Type: Single Family Residence, Condominium, Townhouse, Loft, Studio, Duplex, Ouadruplex, Triplex City: Harbor City, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, San Pedro, Wilmington Areas: 165, 172, 174, 175, 176 Data Pull Date: 12/1/2023


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