WESTSIDE Market Intelligence Report Volume 8 | June 2022
WESTSIDE MARKETS Beverly Hills
4
Palms/Mar Vista
26
Beverlywood
6
Playa Del Rey
28
Brentwood
8
Playa Vista
30
Cheviot Hills
10
Santa Monica
32
The Crenshaw District
12
Venice
34
Culver City
14
View Park-Windsor Hills
36
Hollywood
16
West Hollywood
38
Inglewood
18
West Los Angeles
40
Leimert Park
20
Westchester
42
Marina Del Rey
22
Westwood/Century City 44
Pacific Palisades
24
REAL ESTATE KEY TERMS MEDIAN PRICE: The price of the property that falls in the middle of the total number of properties sold in the given time period.
PRICE PER SQUARE FOOT: Measures the home’s sales price for an individual square foot.
PROPERTIES FOR SALE: The total number of available properties for sale.
DAYS ON MARKET (CLOSED SALES): The number of days a property is on the market prior to accepting an offer.
SALES RATIO: Defines market speed and determines whether the market currently favors buyers or sellers. A Buyer’s market is a ratio from 0% to 14%; A Balanced market ratio is from 15 to 20%; A Seller’s market ratio starts at 21% and up. If the sales ratio exceeds 100%, it means that the sales from the previous month exceed current inventory.
The Westside Intelligence Report is published monthly based on the data available at the start of each month. All data presented is based on data supplied by CRMLS. Neither the Associations of REALTORS® nor their MLS’s guarantees are in any way responsible for its accuracy. Information is deemed reliable, but not guaranteed. Copyright © 2022.
BEVERLY HILLS Welcome to the most iconic zip code in the United States, Beverly Hills, 90210. Beverly Hills is a celebration of uncompromising glamour and opulence; home to the most elite celebrities and business professionals, as well as luxury homes and services at every turn. Bordered by West Hollywood, Westwood, and Century City, residents are afforded privacy but are also in the heart of the action. Rejuvenate the senses with top tier dining and shopping, art galleries, walking tours and tastings, world-class spas, and more. Soak in more Los Angeles luxury with just a 15-minute drive to Santa Monica and 25 minutes to downtown Los Angeles.
ATTRACTIONS
RESTAURANTS Spago
•
Ocean Prime
•
Wally's Beverly Hills
•
Il Cielo
•
Il Pastaio
•
The Penthouse at Mastro's
•
Rodeo Drive
•
Beverly Hills Farmers Market •
•
Beverly Gardens Park
•
Several Art Galleries
•
Beverly Canon Gardens
•
Academy of Motion Picture
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
116
35
$2.42M
22
$1,100
30%
168
33
$3.93M
21
$1,050
20%
-31%
+6%
-38%
+5%
+5%
+54%
13-MONTH TRENDS $5,777,753 $4,900,000
$4,890,000
$4,100,000
$3,925,000 $2,852,500
$2,857,875
$3,510,000
$3,300,000
$2,900,000
$2,750,000
$1,912,500
173
168
33 May-21
154
145
32 Jun-21
33 Jul-21
131
110
33
25
Aug-21
Sep-21
103 39
Oct-21
106
84 19
25
Nov-21
Dec-21
16 Jan-22
116
115
106
98
$2,418,000
23
21
22
Feb-22
Mar-22
Apr-22
35 May-22
BEVERLYWOOD Beverlywood is a private, suburban community nestled between Santa Monica Boulevard and the 10 freeway. This almost exclusively residential neighborhood offers residents a quiet respite from city living yet close to all the amenities of the Westside. Homes here are a mixture of classic styles and contemporary, most with upgraded features. Beverlywood is a golf course away from Century City, home of Fox Studios, and a short 20-minute drive to downtown, allowing for an easy commute to work. The neighborhood is also close to several recreation areas, West Hollywood nightlife, and Santa Monica Pier.
ATTRACTIONS
RESTAURANTS
•
Hillcrest Country Club
•
Robertson Branch Library
•
Undergrind Cafe
•
Pizza Mark
•
Museum of Tolerance
•
Irving Schachter Park
•
The Empanada Factory
•
Campos Tacos
•
Circle Park
•
Reynier Park
•
Fred's Bakery & Deli
•
Edoughble Sweet Shop
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
40
24
$1.34M
8
$828
60%
65
21
$1.10M
22
$759
32%
-38%
+14%
+21%
-64%
+9%
+86%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,672,500
$1,765,000 $1,642,500
$1,630,000 $1,350,000
65
May-21
$1,335,000
$1,155,000 $1,005,000
60
58
21
$1,450,000
$1,200,000
$1,100,000
$1,756,500
$1,625,000
30
Jun-21
57 28
Jul-21
56
51
17
21
Aug-21
Sep-21
29
Oct-21
40
18
Nov-21
25
26
Dec-21
25
28 15
Jan-22
17
Feb-22
29
40
35 22
18
Mar-22
Apr-22
24
May-22
BRENTWOOD Brentwood got its start in the 19th century when it was originally part of a Mexican land grant and was later developed to host several Olympic games in 1932. Today, Brentwood is an affluent neighborhood with stunning gems such as the world-famous Getty art museum and Brentwood Country Club. Homes in Brentwood have Spanish and contemporary influences ranging million dollar homes to multi-million dollar estates. For outdoor enthusiasts, Brentwood is just steps to Santa Monica Beach and Topanga State Park. Brentwood is convenient to the 405 and Santa Monica Boulevard.
ATTRACTIONS
RESTAURANTS
•
The Getty Museum
•
Westridge Trailhead
•
Divino
•
Taras Himalayan Cuisine
•
Brentwood Country Club
•
Sullivan Canyon Park
•
Sushi Miyagi
•
A Votre Sante
•
Brentwood Country Mart
•
Crestwood Hills Park
•
Casa De Campo
•
Farmshop
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
85
57
$2.27M
13
$989
67%
161
54
$2.22M
15
$872
34%
-47%
+6%
+2%
-13%
+13%
+100%
13-MONTH TRENDS $3,002,500
$2,460,000 $2,225,000
$1,666,379 $1,290,000
161
156
152
54
May-21
$2,241,625
$2,100,000
54
Jun-21
154
49
Jul-21
$1,810,000
Aug-21
$1,650,000
$1,475,000
$1,637,500
145
140
40
$2,270,000
$2,065,000
114
53
Sep-21
77 41
Oct-21
39
Nov-21
56
Dec-21
29 Jan-22
105
103
95
80
85
28
39
50
57
Feb-22
Mar-22
Apr-22
May-22
CHEVIOT HILLS Cheviot Hills is a family-oriented community between the Santa Monica Freeway and Santa Monica Boulevard. Located just south of Fox Studios, Cheviot Hills offers quiet streets with easy access to major freeways and nightlife. Inside the neighborhood's borders there is a sizable recreation center with tennis, swimming, golf, and archery, and Hillcrest Country Club, and Griffin Club. Santa Monica, Venice Beach, and Marina Peninsula are all a short drive away, as are the city amenities for leisure and fine dining.
ATTRACTIONS •
•
Cheviot Hills Recreation Center Rancho Park 3 Par Golf
•
Hillcrest Country Club
•
Griffin Club Los Angeles
•
Triangle Park
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
10
5
$2.00M
12
$1,063
50%
12
3
$1.85M
10
$956
25%
-17%
+67%
+8%
+20%
+11%
+100%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $4,000,000
$3,750,000 $3,325,000
$3,100,000
$3,145,000
$3,212,500
$2,759,000 $2,142,000 $1,850,000
$2,419,000
$2,024,000
$2,050,000
23
12
9 3
May-21
$2,000,000
20
15
14
13 7
7
Jun-21
Jul-21
4 Aug-21
7
7
Sep-21
Oct-21
9
Nov-21
8
6
Dec-21
8
8
9 3
Jan-22
Feb-22
3
4
Mar-22
8
7
Apr-22
10
5
May-22
THE CRENSHAW DISTRICT Established shortly after WWII, The Crenshaw District, or Crenshaw, is comfortably nestled between the shores of Marina Del Rey and Downtown Los Angeles, offering residents a short commute to work and play. The neighborhood is convenient to the 10 and 110 highways. On the western border, the Kenneth Hahn State Recreation area offers hiking, disc golf, a playground, and a tranquil Japanese garden. Crenshaw has many apartment homes and traditional single-family residences with some larger properties in the Baldwin Hills area.
ATTRACTIONS
RESTAURANTS Hotville Chicken
•
The Kickin' Crab
Baldwin Hills Crenshaw Mall •
Yordanos Ethiopian
•
Southern Girl Desserts
•
Village Cafe & Pizza
•
Post & Beam
•
Kenneth Hahn State Park
•
Jim Gilliam Park
•
Rancho Cienega Recreation Center
• •
Norman O. Houston Park
•
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
16
8
$1.47M
13
$760
50%
21
13
$1.06M
10
$672
62%
-24%
-38%
+38%
+30%
+13%
-19%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,668,000
$980,000
13
17
14
18 12
15
13
17
13
13
6
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
$1,100,000 $942,500
$904,000
$835,000
$820,000
21
$1,175,000
$1,153,750
$1,060,000
10
9
Nov-21
$1,465,000
$1,377,500
$1,300,000
9
12
Dec-21
13 8
6
5
Jan-22
Feb-22
9
12
Mar-22
16
12
Apr-22
16 8
May-22
CULVER CITY Entrenched in movie making history, Culver City boasts a thriving dining and nightlife scene with internationally inspired restaurants, gastropubs, and cozy cocktail bars. Additional cultural amenities include sophisticated art galleries, playhouses, two recognized movie studios, and the famous Culver Hotel. Culver City stretches along Venice Boulevard, nearly touching Marina Del Rey – meaning a quick ride to the ocean waves. Real estate offerings include a balanced mix of single-family homes and condos/townhomes, many with upgraded features. Culver City also features several outdoor recreation areas that provide great city views.
ATTRACTIONS
RESTAURANTS
•
Sony Pictures Studio
•
Baldwin Hills Overlook
•
Loqui
•
Meet in Paris
•
Culver City Park
•
Culver Hotel
•
Destroyer
•
Janga by Derrick's
•
The Culver Studios
•
Downtown Culver City
•
Pasta Sisters
•
Seasalt Fish Grill
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
51
41
$1.25M
10
$802
80%
77
55
$1.16M
10
$758
71%
-34%
-25%
+7%
0%
+6%
+13%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,330,000
$1,302,500
$1,270,000
$1,325,000
$1,267,500
$1,160,000
$1,245,000 $1,150,000
$1,020,000 $906,500
$834,000
86
77
55
May-21
73 54
Jun-21
$822,000
93
84
82
65 46
Jul-21
Aug-21
$900,000
39
Sep-21
73 52
Oct-21
46
Nov-21
43
51
Dec-21
44
59
51 31
Jan-22
54
28
30
Feb-22
Mar-22
44
Apr-22
51
41
May-22
HOLLYWOOD The symbol of the entertainment business and everything glitz and glamour – Hollywood is a world-famous destination for tourists and locals alike. Living in Hollywood offers a dreamlike setting – a veritable smorgasbord of attractions, amenities, and dining experiences. Walk to dinner, a movie, or shopping; it's all here. For a slightly quieter side of town, choose to live east of the 101 freeway. Hollywood is also close to family-friendly activities such as the Los Angeles Zoo, Griffith Observatory, Fern Dell Nature Trail and is equidistant between downtown Los Angeles and the San Fernando Valley.
ATTRACTIONS
RESTAURANTS
•
TCL Chinese Theatre
•
Hollywood Bowl
•
Musso & Frank Grill
•
Running Goose
•
Hollywood Walk of Fame
•
Dolby Theatre
•
L'Antica Pizzeria da Michele
•
The Magic Castle
•
Hollywood Pantages Theatre •
Paramount Pictures Studio
•
Beetle House LA
•
Gwen Butcher Shop
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
81
12
$1.03M
10
$838
15%
99
26
$956K
22
$596
26%
-18%
-54%
+7%
-55%
+41%
-44%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,295,000 $1,175,000
$1,175,000
$1,065,000
102
99
26
May-21
34
Jun-21
$875,000
$892,000
109
104
19 Jul-21
$870,000
23
27
Aug-21
Sep-21
$1,025,000
$823,675
96
92
$1,003,500
$994,000
$990,000
$956,250
84
25
Oct-21
66
63
23
21
Nov-21
Dec-21
60
20 Jan-22
81
71
58
22
21
27
Feb-22
Mar-22
Apr-22
12 May-22
INGLEWOOD Positioned in the heart of the Greater Los Angeles area, Inglewood is a gateway to commercial centers, beaches, and local and international travel. Located just east of the Los Angeles International Airport and 30 minutes to downtown Los Angeles, residents of Inglewood enjoy an easy commute and access to amenities and travel. Avid fans of sports and entertainment can catch the latest games and concerts at the recently built SoFi Stadium (home of the Los Angeles Rams and Los Angeles Chargers) and The Forum concert venue. Inglewood also has a thriving arts scene with paintings and sculptures colorfully decorating buildings and parks across the city.
ATTRACTIONS
RESTAURANTS
•
SoFi Stadium
•
Edward J Vincent Park
•
The Serving Spoon
•
Maria's Ricos Tacos
•
The Forum
•
Darby Park
•
Stuff I Eat
•
Veronica's Kitchen
•
Hollywood Park Casino
•
Nella Skate Park
•
Dulan's Soul Food Kitchen
•
Rusty Pot Cafe
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
62
33
$725K
15
$553
53%
48
28
$660K
8
$495
58%
+29%
+18%
+10%
+88%
+12%
-9%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS
$660,000
48 28
May-21
$722,500
$650,000
$625,000
63
63 39
Jun-21
Jul-21
$675,000
74
65 27
$790,000
70
28
27
Aug-21
Sep-21
$675,000
$683,500
$700,000
63
37
Oct-21
33
Nov-21
44
32
Dec-21
42
$755,500 $670,000
57
55 34
Jan-22
37 22
Feb-22
Mar-22
$707,500
$725,000
63
62 24
Apr-22
33
May-22
LEIMERT PARK Leimert Park is a family-oriented community located along Western Avenue just south of The Santa Monica Freeway. Developed in the late 1920s, Leimart Park Village is home to lots of artistic amenities including, cultural celebrations, the Leimert Park Art Walk, Vision Theatre, Eso Won Books, several art centers, and more. Homes in the area follow the Spanish Colonial Revival style, resting along quiet tree-lined streets. Professionals can find local opportunities at the nearby University of Southern California, Inglewood Oil Field, and Downtown Los Angeles.
ATTRACTIONS •
Leimert Park Plaza
•
Vision Theater
•
Kaos Network
RESTAURANTS •
Barbara Morrison Performing Arts Center
•
World Stage Performance Gallery
•
Ackee Bamboo
•
Kim's Restaurant
•
Earle's on Crenshaw
•
Hot and Cool Cafe
•
Swift Cafe
•
The District by GS
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
28
13
$1.04M
13
$727
46%
26
12
$887K
11
$612
46%
+8%
+8%
+17%
+18%
+19%
0%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,104,239 $886,500
$942,500
$922,750
26
$985,000
12
May-21
14
Jun-21
19
17 11
Jul-21
$967,500
$1,000,000
$982,500
$1,010,500
$1,075,650
$980,000
$1,035,000
28
23 16
$997,500
22 10
7
Aug-21
19
16
Sep-21
Oct-21
16
9
Nov-21
13
Dec-21
17
15
Jan-22
20
17
19
10
11
Feb-22
Mar-22
9
Apr-22
13
May-22
MARINA DEL REY Living in Marina Del Rey is a nautical enthusiasts dream. Residents here can seize the day by both land and sea - cycling to nearby Venice Beach, paddle boarding to lunch, strolling alongside the shops or taking the boat out for whale watching, just to name a few of the many activities available. Available properties are within the neighborhoods' many condo/townhouse complexes. Most of the piers have their own yacht clubs, providing plenty of options for storing your boat and socializing with neighbors. Marina Del Rey is bordered by Venice, Culver City, and Playa Del Rey, with convenient connections to the 405 freeway, Venice Boulevard, and Los Angeles International Airport.
ATTRACTIONS
RESTAURANTS •
•
Burton Chace Park
•
Firestone Walker Brewing
•
Tony P's Dockside Grill
•
Fisherman's Village
•
Marvin Braude Bike Path
•
Beachside Restaurant & Bar •
•
Marina's Beach
•
Several Yacht Clubs
•
SALT Restaurant & Bar
•
Mendocino Farms Whiskey Red's Restaurant The Warehouse Restaurant
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
89
31
$1.32M
9
$879
35%
147
49
$1.21M
26
$779
33%
-39%
-37%
+9%
-65%
+13%
+4%
13-MONTH TRENDS $1,359,500
$1,210,000
147
$1,179,125
144
49
May-21
142
44
Jun-21
$1,243,000
134
50
Jul-21
$1,219,500
125
40
Aug-21
$1,275,700
107
52
Sep-21
$1,214,000
$1,200,000
96 53
Oct-21
41
Nov-21
64
Dec-21
$1,346,000
$1,320,000
$1,155,000
83
76
43
$1,285,000
$1,275,000
26 Jan-22
72 26
Feb-22
53
Mar-22
89
74 42
Apr-22
31 May-22
PACIFIC PALISADES Resting among gently sloping bluffs and canyons with gorgeous beachfront property and views, Pacific Palisades is an affluent neighborhood filled with national treasures, strong schools, and uncrowded streets. Pacific Palisades is one of the few areas with direct beach and mountain access, offering endless opportunities for outdoor activities and relaxation. It also boasts one of Los Angeles's lowest population density ratios for those seeking a more private and quiet space. Similar to other affluent nearby neighborhoods, homes here are a mix of mid-century and contemporary architecture and styles, with many offering larger lots and homes set behind high hedges.
ATTRACTIONS
RESTAURANTS
•
Will Rogers Beach
•
Bel-Air Bay Club
•
Cafe Vida
•
The Draycott
•
Riviera Country Club
•
Temescal Canyon Park
•
Modo Mio Cucina Rustica
•
Cinque Terra WEST Osteria
•
Potrero Canyon Park
•
Palisades Village
•
Matthew's Garden Cafe
•
Gracias Señor!
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
69
28
$4.44M
13
$1,408
41%
133
43
$2.58M
13
$1,191
32%
-48%
-35%
+72%
0%
+18%
+26%
13-MONTH TRENDS $5,055,000
$3,440,000
$3,562,500
$4,435,000
$4,425,000
$4,147,500 $3,644,250
$3,562,500
$3,865,000 $3,294,000
$3,100,000
$2,950,000 $2,575,000
141
133
43
May-21
123
47
Jun-21
42
Jul-21
120
119
113 40
Aug-21
29 Sep-21
98 29
Oct-21
38
Nov-21
64
84
74 41
Dec-21
21 Jan-22
67 16
Feb-22
40
Mar-22
69
67 30
28
Apr-22
May-22
PALMS/MAR VISTA Located just south of the Santa Monica Airport, the Palms and Mar Vista neighborhoods have a mixed urban and suburban feel with lots of restaurants, coffee shops, bars, and parks. Commuters are afforded easy access to the 10 and 405 freeways, with Venice Boulevard at the area's southern border. Mar Vista and Palms are also just a short, few-minute drive away from Venice, Santa Monica, and Marina Del Rey, making this a great spot for beachgoers and water sport enthusiasts who enjoy a little extra quiet time. The blended mixture of homes and condos offered for sale include thoughtfully updated spaces suitable for families and professionals alike.
ATTRACTIONS
RESTAURANTS
•
Ocean View Farms
•
Exposition Corridor Path
•
Rustic Kitchen Market
•
Al's Hot Chicken
•
Mar Vista Rec Center
•
Venice Boulevard
•
Quiadaiyn Restaurant
•
Versailles Cuban Food
•
North Venice Little League
•
S Sepulveda Boulevard
•
Hokkaido Ramen Santouka
•
Benny's Tacos & Rotisserie
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
47
30
$1.96M
9
$1,117
64%
87
31
$1.65M
7
$1,009
36%
-46%
-3%
+19%
+29%
+11%
+79%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,850,000 $1,649,000
87
$1,596,500
87
31
May-21
$1,637,500
81 42
Jun-21
$1,587,000
$1,447,500
80
42
Jul-21
Aug-21
$1,800,000 $1,600,000
$1,825,000
$1,875,000
$1,960,000
$1,635,500
81
80
42
$1,700,000
39
Sep-21
46
Oct-21
56
46
Nov-21
37
39
Dec-21
44 24
Jan-22
48
44
40 21
22
Feb-22
Mar-22
35
Apr-22
47 30
May-22
PLAYA DEL REY Playa Del Rey is a beautiful beach town just north of the Los Angeles International Airport. Play Del Rey got its reputation for being a surfer's beach in the 1950s, and there are still some great surfing spots today. The beach itself offers volleyball courts, a long paved bike path, a grass park, and basketball courts. For days not spent on the beach, take in the views or a tour of the Ballona Freshwater Marsh, one of the last remaining saltwater wetlands in Southern California. Playa Del Rey provides easy access to Highway 1 and the 405 freeway and borders Westchester and El Segundo, offering local opportunities in the education and aerospace industries.
ATTRACTIONS
RESTAURANTS
•
Playa Del Rey Beach
•
Otis College of Art & Design
•
Bacari PDR
•
Cantalini's Salerno Beach
•
McGurk Beach Jetty
•
Vista Del Mar Park
•
Playa Provisions
•
The Good Pizza
•
Del Rey Lagoon
•
Balboa Wetlands Reserve
•
Tandoor-A-India
•
Playa's Pita
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
39
11
$685K
9
$743
28%
56
27
$710K
10
$703
48%
-30%
-59%
-4%
-10%
+6%
-42%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS
$710,000
$785,000
63
56 27
May-21
$769,000
61 35
Jun-21
$805,000
Jul-21
$850,000
$812,000
$762,500
$695,000
55 24
$840,000
51
43 25
Aug-21
29
Sep-21
$836,000
$885,500
$704,500
$685,000
50 17
Oct-21
15
Nov-21
20
29
Dec-21
19
20
Jan-22
17
10
Feb-22
22
39
34 13
Mar-22
20
Apr-22
11 May-22
PLAYA VISTA Playa Vista is where a tech hub, open space, recreation, entertainment, shopping, and dining all come together – all just a short walk away. With so much to see and do in Playa Vista, residents need not go far for a premium lifestyle experience. Companies like Google, Facebook, 72andSunny, IMAX, Electronic Arts, and more have taken residence here, as have dozens of newly constructed condo and apartment homes. Additionally, The CenterPointe Club and The Resort offer areas for social gatherings and relaxation. Exploring outside the area is also an easy trek as the closest beach is just 1.5 miles away, and Santa Monica is a 2.7-mile drive.
ATTRACTIONS
RESTAURANTS
•
Ballona Creek
•
Central Park
•
SOL Mexican Cocina
•
Hopdoddy Burger Bar
•
The Sports Park
•
Concert Park
•
Urban Plates
•
Kanpai Japanese Sushi Bar
•
Bluff Creek Trail
•
Runway Shopping District
•
Hash
•
Tocaya - Playa Vista
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
12
12
$1.37M
11
$857
100%
36
28
$1.31M
19
$788
78%
-67%
-57%
+4%
-42%
+9%
+29%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,850,000 $1,667,500
$1,600,000
$1,565,000
$1,200,000
$1,055,000
36 28
May-21
$1,365,179
$1,337,000
$1,307,500
33
24
Jun-21
26
27
Jul-21
26
Aug-21
$1,021,000
$1,069,000
37
31 21
$1,150,000 $1,037,500
23
Sep-21
28
20
Oct-21
25 16
Nov-21
14
Dec-21
17
14
Jan-22
19
22
13
15
Feb-22
Mar-22
18
16
Apr-22
12
12
May-22
SANTA MONICA Santa Monica is an iconic name and coastal city. The city is a walkable 8.3 square miles and offers six distinct areas filled with opportunities for outdoor experience and fine shopping and dining. The Santa Monica Pier and Ocean Avenue are landmarks of the area with a quintessentially California lifestyle. Head north to Montana Avenue for ten blocks of tree-lined shopping, dining, and a historic theater. The centrally located mid-city hosts the city's thriving arts scene. Pico Boulevard hosts a weekly farmer's market against a backdrop of lively street art. Downtown Santa Monica is the entertainment hub, and Main Street features sandy beaches and a welcoming neighborhood vibe.
ATTRACTIONS
RESTAURANTS
•
Santa Monica Beach & Pier
•
Santa Monica College
•
Fritto Misto
•
Massilia
•
Downtown Santa Monica
•
Water Garden
•
Tar & Roses
•
Cassia
•
Palisades Park
•
Santa Monica Airport
•
Mercado Santa Monica
•
Santa Monica Market
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
214
68
$1.71M
10
$1,103
32%
280
88
$1.69M
15
$1,029
31%
-24%
-23%
+1%
-33%
+7%
+1%
13-MONTH TRENDS $1,845,000 $1,691,250 $1,450,000
280
$1,470,000
287
266
218
May-21
93
Jun-21
89
Jul-21
$1,630,000
$1,679,500
$1,709,000
70
90
Aug-21
Sep-21
81
Oct-21
79
72
Nov-21
Dec-21
50 Jan-22
46 Feb-22
214
204
188
187
172
159
88
$1,735,000
$1,730,000 $1,400,000
293
277
276
$1,925,500
$1,908,288 $1,742,500
69
63
68
Mar-22
Apr-22
May-22
VENICE Venice is the effortlessly vibrant and urban surfer hub of Los Angeles. With an eclectic blend of casual and upscale, Venice residents are surfers and artists, as well as entrepreneurs and professionals. In addition to the beach itself, Venice is known for the collection of canals just steps from the beach that offers residents a slice of waterfront property without being right on the major public pathways. Homes in Venice offer a blend of newly developed apartment buildings and modern homes.
ATTRACTIONS
RESTAURANTS
•
Venice Beach
•
Santa Monica College
•
Old Lightning
•
Scopa Italian Roots
•
Venice Skate Park
•
Penmar Golf Course
•
Barrique
•
The Butcher's Daughter
•
Barnard Way Linear Park
•
Marine Park
•
Felix Trattoria
•
Nighthawk Breakfast Bar
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
81
32
$2.30M
19
$1,253
40%
133
38
$2.11M
21
$1,186
29%
-39%
-16%
+9%
-10%
+6%
+38%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $2,500,000 $2,107,500
$2,030,000
151
133
38
May-21
$2,200,000
$1,880,000
142
32 Jun-21
127
33
Jul-21
$2,485,000
$2,462,500
$2,181,500
123
32 Aug-21
$1,935,000
$1,885,000
110
18 Sep-21
95 28
Oct-21
$2,290,500
$2,297,636
$1,915,000
71
29
32
Nov-21
Dec-21
79
69
58 18 Jan-22
81
75
25
31
Feb-22
Mar-22
35
Apr-22
32 May-22
VIEW PARK/WINSOR HILLS View Park/Windsor Hills is a vibrant and affluent neighborhood bordered by Culver City, The Crenshaw District, and Leimert Park. Founded in the late 1930s, the neighborhood is known for its collection of homes and mansions in the Spanish Colonial and Mediterranean styles, many of which were designed by notable architects. It is also one of the largest California districts to be registered on the National Register of Historic Places. Outdoor amenities within the neighborhood include a tranquil city trail and two parks. View Park/Windsor Hills is convenient to the 405, 10, and 110 freeways.
ATTRACTIONS
RESTAURANTS
•
Stocker Corridor Trail
•
Doris Japanese Garden
•
Dulan's on Crenshaw
•
La Louisanne
•
Rueben Ingold Park
•
•
Jerusalem Chicken
•
New Orleans Snowballs
•
Ladera Park
Kenneth Hahn Park and Disc Golf Course
•
Simply Wholesome
•
Sachi Teriyaki House
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
15
10
$1.63M
9
$701
67%
12
4
$1.14M
31
$562
33%
+25%
+150%
+44%
-71%
+25%
+103%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,625,000 $1,344,700 $1,138,000
$1,215,000
21
21 12
4 May-21
6
Jun-21
$1,429,900
Jul-21
19 8
Aug-21
$1,425,000
15
5
Sep-21
9
Oct-21
9
9
Nov-21
$1,634,250
$1,300,000
$1,260,000
$1,152,500
18
12
$1,375,000
$1,650,000
$1,450,000
13 7
8
Dec-21
18
15
7
Jan-22
18
11
15 9
10
Apr-22
May-22
3 Feb-22
Mar-22
WEST HOLLYWOOD West Hollywood (WeHo) is where the party starts. The high-energy nightlife includes famous comedy clubs, music venues, dance clubs, bars, celebrity restaurants, and world-renowned events, making this the hottest place in town. The art and culture continue through the day with book clubs and stores, film festivals and theaters, and theater and visual arts programs, offering opportunities for artists of all mediums to find community and spaces to create. Those working in entertainment can find a quick commute to Hollywood, Culver City, and Burbank, and downtown Los Angeles is approximately nine miles away.
ATTRACTIONS
RESTAURANTS
•
The Comedy Store
•
Whisky a Go Go
•
GRANVILLE
•
Norah
•
The Laugh Factory
•
Sunset Strip
•
WeHo Bistro
•
Katana
•
Pacific Design Center
•
Santa Monica Boulevard
•
Zinque
•
Connie & Ted's
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
149
56
$1.32M
14
$890
38%
191
54
$1.08M
19
$750
28%
-22%
+4%
+22%
-26%
+19%
+33%
13-MONTH TRENDS $1,427,500 $1,285,000 $1,082,500
$1,140,000
$1,263,500
$1,117,500
$1,100,000
$1,050,000
$1,017,500
$985,000
$915,000
191
188
54
May-21
184
179
65
Jun-21
54
Jul-21
182
169
57
45
Aug-21
Sep-21
133
61
Oct-21
127
126
100
57
54
Nov-21
Dec-21
38 Jan-22
$1,315,500
$1,239,750
31 Feb-22
149
138
123 57
48
56
Mar-22
Apr-22
May-22
WEST LOS ANGELES West Los Angeles, also known as Sawtelle Japantown, is a unique neighborhood that celebrates Japanese culture in its restaurants and shops and other Far East locales such as China, Korea, and Vietnam. The main walkable commercial districts include Sawtelle Boulevard, Sepulveda Boulevard, and Westwood Boulevard. West Los Angeles also features the VA Greater Los Angeles Healthcare System, an extensive health campus. West Los Angeles is centrally located for commuters with easy access to the 405 and 10 freeways, as well as Santa Monica Boulevard and W Pico Boulevard. The area is also just a short drive to the sandy beaches of Santa Monica, UCLA, and Century City.
ATTRACTIONS
RESTAURANTS
•
Stoner Park
•
Santa Monica Boulevard
•
Chinchikurin - Sawtelle
•
Marugame Udon
•
Landmark's Nuart Theatre
•
•
Sonrita's Prime Tacos
•
Killer Noodle Tsujita
•
W Pico Boulevard
Los Angeles National Veterans Park
•
Tsujita LA Artisan Noodle
•
Plan Check Kitchen + Bar
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
30
22
$1.23M
12
$883
73%
68
38
$1.27M
17
$808
56%
-56%
-42%
-3%
-29%
+9%
+31%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,268,844
$1,200,000 $1,036,944
$1,082,500
$995,000
$1,050,000
$1,030,000
$895,000
68
May-21
$1,080,000
$1,150,000
$1,226,175
$935,000
81
68 38
$1,078,750
65
60 32
Jun-21
32
Jul-21
36
Aug-21
60
31
Sep-21
46
29
Oct-21
25
Nov-21
35
33
Dec-21
34
27
Jan-22
27
20
Feb-22
27
23
Mar-22
37
29
Apr-22
30
22
May-22
WESTCHESTER Westchester started as an agricultural area in the early 20th century. However, after the opening of Mines Field and the growth of the aerospace industry during and after WWII, the area quickly grew – both the airport and surrounding neighborhood. Today, Westchester continues to grow, in part from the influx of tech companies into the neighboring Playa Vista area and the addition of the Howard Hughes center, which offers office space, apartments, and shopping. Westchester is now home to two main college campuses and the West Los Angeles campus for Pepperdine University. Westchester is convenient to the 405 freeway and just a short drive to Playa Del Rey Beach.
ATTRACTIONS •
Los Angeles Int'l. Airport
•
Loyola Marymount University
•
Otis College of Art & Design
RESTAURANTS •
•
Howard Hughes Shopping Center Westchester Golf Course
•
Ayara Thai Cuisine
•
Benny's Tacos & Rotisserie
•
The Ramen Joint
•
Truxton's American Bistro
•
Aliki's Greek Taverna
•
Melody Bar & Grill
MARKET SUMMARY
MAY 2022 TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
48
23
$1.75M
10
$1,016
48%
52
25
$1.43M
10
$771
48%
-8%
-8%
+22%
0%
+32%
0%
MAY
2022 MAY
2021 PERCENT CHANGE
13-MONTH TRENDS $1,800,000
$1,425,000
$1,385,000
77
69 52
$1,425,000
47
50
64
$1,400,000
51
49
30
25
May-21
$1,337,500
Jun-21
Jul-21
Aug-21
$1,374,500
$1,260,000
41
40 24
Sep-21
$1,500,000
Oct-21
30
$1,491,250
$1,455,000
$1,242,000
30
33
Dec-21
47
43
35 13
Nov-21
$1,745,317
Jan-22
40
39
39
23
22
Feb-22
48
Mar-22
Apr-22
May-22
WESTWOOD/CENTURY CITY Together, Westwood and Century City offer something for everyone. From the University of California, Los Angeles, at the north border of Westwood, to Fox Studios at the south border of Century City, these two neighborhoods boast a wide variety of opportunities for culture, enrichment, work, shopping, and dining. The area is also home to several parks and rec centers and the Los Angeles Country Club for outdoor sports. While Westwood is primarily single-family residences, Century City offers a variety of condominium complexes with a small enclave of single-family properties. Westwood and Century City are convenient to Santa Monica Boulevard and the 405 freeway.
ATTRACTIONS •
•
University of California, Los Angeles Los Angeles Country Club
RESTAURANTS •
Fox Studios
•
KazuNori
•
Din Tai Fung
•
Westfield Century City
•
Gushi
•
Hinoki & The Bird
•
Holmby Park
•
CAVA
•
Craft
MARKET SUMMARY
MAY 2022 MAY
2022 MAY
2021 PERCENT CHANGE
TOTAL INVENTORY
TOTAL SALES
MEDIAN SALES PRICE
MEDIAN DAYS ON MARKET
MEDIAN PRICE PER SQUARE FOOT
SALES RATIO
201
73
$1.28M
12
$771
36%
293
81
$1.23M
17
$717
28%
-31%
-10%
+4%
-29%
+8%
+31%
13-MONTH TRENDS $1,487,500 $1,226,000
$1,190,000 $1,070,000
318
293
81
May-21
319
306
97
Jun-21
$1,150,000
82
Jul-21
$1,175,000
304
$1,202,500
270
67
77
Aug-21
Sep-21
$1,147,500
242
84
Oct-21
$1,355,000
$1,310,000
$1,345,000
$1,275,000
$1,042,500
196
182 82
77
Nov-21
Dec-21
186 56
Jan-22
201
200
172
78
91
76
73
Feb-22
Mar-22
Apr-22
May-22
BEVERLY HILLS
WE ARE THE COAST BEVERLY HILLS 9454 Wilshire Blvd., Suite 600 Beverly Hills, CA 90212 310.205.0050
PALOS VERDES - MIRALESTE 5 Miraleste Plaza Rancho Palos Verdes, CA 90275 310.831.0222
EL SEGUNDO 402 Main Street El Segundo, CA 90245 310.322.1425
REDONDO BEACH 1901 S. Catalina Avenue Redondo Beach, CA 90277 310.378.7747
PALOS VERDES - MALAGA COVE 63 Malaga Cove Plaza Palos Verdes Estates, CA 90274 310.378.9494
PALOS VERDES - SILVER SPUR 450 Silver Spur Road Rancho Palos Verdes, CA 90275 310.544.9999
MANHATTAN BEACH 1040 Manhattan Beach Blvd. Manhattan Beach, CA 90266 310.376.2225
TORRANCE 23740 Hawthorne Blvd. Torrance, CA 90505 310.378.9889
MANHATTAN BEACH/DOWNTOWN 1401 Highland Avenue Manhattan Beach, CA 90266 310.937.5700
WEST LOS ANGELES 10500 W. Pico Blvd. Los Angeles, CA 90064 310.559.5570
MARINA DEL REY/VENICE 124 Washington Blvd. Marina Del Rey, CA 90292 310.577.5300
WESTCHESTER/SILICON BEACH 7131 W. Manchester Avenue Los Angeles, CA 90045 310.802.6000
WEST LOS ANGELES
MARINA DEL REY/VENICE WESTCHESTER/SILICON BEACH
EL SEGUNDO
MANHATTAN BEACH MANHATTAN BEACH/DOWNTOWN REDONDO BEACH TORRANCE PALOS VERDES - MALAGA COVE PALOS VERDES - SILVER SPUR PALOS VERDES - MIRALESTE
600+ Local Agents | 12 Offices Luxury Residential | Commercial Investment Division | International DRE: #01879720