Saul Larner Market intelligence Reports Westside

WESTSIDE

Market MarketIntelligence IntelligenceReport Report

PRIVATE CLIENT ADVISORS

Saul Larnerr PH.D.,

Volume Volume8 8| January | January 2022 2022

LL.M., MBA

DRE# 0 0 82 6591

Direct: 310.867.4840 Sold@splarner.realtor www.splarner.realtor www.zeninspiredhome.com

9454 Wilshire Blvd. Suite 600 Beverly Hills, CA 90212

Saul Larnerr PH.D.,

LL.M., MBA

D R E # 0 0 82 6 59 1

EXPERIENCE. PASSION. RESULTS. As your luxury agent, you can count on me to utilize years of industry expertise, in-depth local knowledge, and relentless professionalism to exceed your highest expectations.

My mission is to bring my years of success and experience to the table to guide you through and help you get the most out of your home sale. I accomplish this by leveraging some of the most cutting edge marketing tools available to agents to get your property maximum market exposure.

By working with me, I guarantee you will get top dollar value for your home.

ESTATE PROPERTIES

PRIVATE CLIENT ADVISORS

Certified International Property Specialist | Certified Probate and Trust Specialist

By working with me, I guarantee you will get top dollar value for your home.

ESTATE PROPERTIES

PRIVATE CLIENT ADVISORS

Certified International Property Specialist | Certified Probate and Trust Specialist

Direct: 310.867.4840 www.splarner.realtor

Sold@splarner.realtor

www.zeninspiredhome.com

RE/MAX Estate Properties, 9454 Wilshire Blvd., Suite 600, Beverly Hills, CA 90212

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 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 or is 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 • Ocean Prime

• Rodeo Drive

• Beverly Hills Farmers Market • Spago

• Beverly Gardens Park

• Several Art Galleries

• Wally's Beverly Hills

• Il Cielo

• Beverly Canon Gardens

• Academy of Motion Picture

• Il Pastaio

• The Penthouse at Mastro's

MARKET SUMMARY

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

84

25

$3.51M

46

$1,410

30%

130

19

$4.60M

47

$1,066

15%

-35%

+32%

-24%

-2%

+32%

+104%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $4,900,000

$4,600,000 $4,100,000

$3,925,000

$3,875,000

$3,510,000

$3,300,000 $2,375,500

203

150

130

$2,700,000

$2,852,500

$2,625,000

191

179

173

168

19

22

19

26

43

Dec-20

Jan-21

Feb-21

Mar-21

Apr-21

$2,857,875

$2,750,000

154

145

131

33

32

33

33

May-21

Jun-21

Jul-21

Aug-21

110

103

84

25

39

19

25

Sep-21

Oct-21

Nov-21

Dec-21

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 still 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

25

26

$1.63M

17

$900

104%

44

26

$1.56M

26

$811

59%

-43%

+0%

+5%

-35%

+11%

+76%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,750,000 $1,556,000

$1,536,000

$1,450,000

$1,672,500

$1,615,000

$1,642,500 $1,350,000 $1,200,000

$1,100,000

44

26

Dec-20

65

58

55

38

$1,630,000

17

11

15

Jan-21

Feb-21

Mar-21

65

$1,005,000

60

58

27

21

Apr-21

May-21

$1,450,000

57

30

28

Jun-21

Jul-21

56

51

17

21

Aug-21

Sep-21

29

Oct-21

40 18

Nov-21

25

26

Dec-21

BRENTWOOD Brentwood got it's 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 in the 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

77

56

$3.00M

25

$1,045

73%

104

48

$2.20M

50

$862

46%

-26%

+17%

+36%

-50%

+21%

+58%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $2,200,000

$2,605,000 $1,785,000

$1,850,000

193

$1,875,000

163

104

161 82

48

Dec-20

30

35

47

Jan-21

Feb-21

Mar-21

$2,100,000 $1,290,000

160

127

$2,225,000

Apr-21

156

152

$2,460,000 $1,666,379

154

$1,475,000

54

54

49

40

May-21

Jun-21

Jul-21

Aug-21

$1,810,000

145

140

$3,002,500

114 77

53

41

39

Sep-21

Oct-21

Nov-21

56

Dec-21

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 of the neighborhood's borders, there is a sizable recreation center with tennis, swimming, golf, and archery, 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

8

6

$3.15M

11

$1,126

75%

12

9

$2.78M

36

$957

75%

-33%

-33%

+13%

-69%

+18%

+0%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $2,775,000

$2,400,000

$2,159,000

$2,650,000

$3,325,000 $2,198,000

$3,100,000 $2,142,000

$1,850,000

$2,024,000

$2,050,000

23

20

19 12

14 9

11 7

7

14 8

9

9

7

7

Jun-21

Jul-21

3

Dec-20

Jan-21

Feb-21

Mar-21

Apr-21

May-21

15

14

13

12

$3,145,000

$2,419,000

4

Aug-21

7

7

Sep-21

Oct-21

9

Nov-21

8

6

Dec-21

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, 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

• Kenneth Hahn State Park

• Jim Gilliam Park

• Rancho Cienega Recreation Center

• Baldwin Hills Crenshaw Mall • Yordanos Ethiopian • Norman O. Houston Park

• Village Cafe & Pizza

• The Kickin' Crab • Southern Girl Desserts • Post & Beam

MARKET SUMMARY

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

9

12

$904K

10

$597

133%

23

11

$1.01M

9

$594

48%

-61%

+9%

-10%

+11%

+0%

+179%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,006,000

$985,000

$650,000

$802,500

$1,112,500

$1,060,000

$820,000

$1,153,750

$1,668,000 $980,000

$835,000

$1,300,000

$904,000

31 27

26

23

23 16

11 7

Dec-20

Jan-21

18

21 17 13

18 14

9

Feb-21

12

15

17 13

13

13

6

Mar-21

Apr-21

May-21

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

10

9

Nov-21

9

12

Dec-21

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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

43

51

$1.33M

12

$771

119%

46

51

$1.13M

14

$705

111%

-7%

+0%

+17%

-14%

+9%

+7%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,129,000

$980,000

$1,210,000

81

74 46

51

Dec-20

$1,122,000

77 55

38

34

35

Jan-21

Feb-21

$1,160,000

Mar-21

$1,160,000

$1,330,000

86

77 51

55

Apr-21

May-21

$1,020,000

73 54

Jun-21

93

82

65 46

Aug-21

$1,325,000

$906,500

$834,000

84

Jul-21

$1,302,500

$1,270,000

39

Sep-21

73 52

Oct-21

46

Nov-21

43

51

Dec-21

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

• Beetle House LA

• Gwen Butcher Shop

• Hollywood Pantages Theatre • Paramount Pictures Studio

MARKET SUMMARY

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

66

21

$990K

21

$721

32%

74

21

$885K

23

$680

28%

-11%

+0%

+12%

-9%

+6%

+12%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $885,000

$920,000

$910,000

117

$846,400

105

$1,155,000

$956,250

$875,000

109

102

99

97

$1,065,000

$892,000

104

$1,175,000

96

92

82

74

$870,000

$823,675

$990,000

84 66

21

Dec-20

27

Jan-21

21

Feb-21

34

Mar-21

39

Apr-21

26

May-21

34

Jun-21

19

23

27

25

23

21

Jul-21

Aug-21

Sep-21

Oct-21

Nov-21

Dec-21

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 traveling. 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

44

32

$684K

22

$513

73%

49

41

$708K

12

$508

84%

-10%

-22%

-3%

+83%

+1%

-13%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $708,000

49

41

Dec-20

$580,000

$578,975

55

54 33

25

Jan-21

$699,000

$619,000

55

$660,000

48

32

31

26

28

Feb-21

Mar-21

Apr-21

May-21

$650,000

$625,000

63

63 39

Jun-21

$722,500

$790,000

74

65

$675,000

70

27

28

27

Jul-21

Aug-21

Sep-21

$675,000

$683,500

63 37

33

Oct-21

Nov-21

44

32

Dec-21

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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

16

13

$1.00M

25

$668

81%

26

13

$753K

9

$545

50%

-38%

+0%

+33%

+178%

+23%

+63%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $752,965

26 13

Dec-20

$910,000

$850,000

30

32

9

Jan-21

$950,000

27 12

Feb-21

17

Mar-21

$870,000

$886,500

26

26 15

Apr-21

12

May-21

$942,500

$922,750

16

17

14

Jun-21

$985,000

23 11

Jul-21

$997,500

19

16

7

Aug-21

Sep-21

$967,500

22

$1,104,239

19 10

9

Oct-21

Nov-21

$1,000,000

16

13

Dec-21

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 • Mendocino Farms

• Burton Chace Park

• Firestone Walker Brewing

• Tony P's Dockside Grill

• Fisherman's Village

• Marvin Braude Bike Path

• Beachside Restaurant & Bar • Whiskey Red's Restaurant

• Marina's Beach

• Several Yacht Clubs

• SALT Restaurant & Bar

• The Warehouse Restaurant

MARKET SUMMARY

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

64

43

$1.20M

17

$789

67%

99

33

$1.34M

31

$789

33%

-35%

+30%

-10%

-45%

+0%

+102%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,359,500

$1,340,000 $1,226,510

$1,210,000

$1,179,125

$1,243,000

$1,219,500

$1,275,700

$1,214,000

$1,200,000

$1,053,750

134

130

111

99

$1,125,000

$1,228,000

147

129

33

34

35

42

Dec-20

Jan-21

Feb-21

Mar-21

144

142

134

56

49

44

50

Apr-21

May-21

Jun-21

Jul-21

125

40

Aug-21

107

96

52

53

Sep-21

Oct-21

64 41

43

Nov-21

Dec-21

PACIFIC PALISADES Resting 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 midcentury 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

64

41

$3.87M

16

$1,249

64%

75

43

$2.33M

17

$834

57%

-15%

-5%

+66%

-6%

+50%

+12%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $4,147,500 $3,650,000 $3,233,000

$2,330,000

$3,440,000

$3,279,300

$3,562,500

$3,644,250

$3,562,500 $2,950,000

$2,593,750

$2,575,000

127

143

125

141

133

123

120

119

113

98

88

75 43

Dec-20

22

Jan-21

$3,865,000

39

Feb-21

52

Mar-21

64

45

43

47

42

40

Apr-21

May-21

Jun-21

Jul-21

Aug-21

29

29

Sep-21

Oct-21

38

41

Nov-21

Dec-21

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 southern border of the area. 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 beach goers 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

37

39

$1.60M

12

$940

105%

61

35

$1.65M

14

$826

57%

-39%

+11%

-3%

-14%

+14%

+84%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,850,000

$1,847,500 $1,650,000

$1,550,000

$1,650,000

35

Dec-20

56

37

Jan-21

$1,596,500

$1,637,500

$1,462,500

83

61

$1,649,000

$1,700,000

$1,600,000

$1,447,500

77

56

28

Feb-21

$1,587,000

Mar-21

87

69 46

Apr-21

87 31

May-21

81

80

81

80

42

42

42

39

46

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

56

46

Nov-21

37

39

Dec-21

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 1950's 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 the 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

20

29

$850K

14

$754

145%

21

21

$734K

16

$643

100%

-5%

+38%

+16%

-13%

+17%

+45%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $833,500 $734,000

$736,500

$749,000

$715,000

66

21

21

Dec-20

22

10

Jan-21

16

Feb-21

$710,000

24

24

27

Mar-21

Apr-21

May-21

$769,000

$805,000

$840,000

$850,000

$812,000 $695,000

63

56

51

48

$785,000

61 35

Jun-21

55

43

51

24

25

29

Jul-21

Aug-21

Sep-21

50 17

15

Oct-21

Nov-21

20

29

Dec-21

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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

14

25

$1.15M

8

$853

179%

39

9

$1.13M

18

$707

23%

-64%

+178%

+2%

-56%

+21%

+674%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,850,000 $1,667,500

$1,125,000

$1,223,000

$1,307,500 $1,092,000

60

9

Dec-20

16

11

Jan-21

Feb-21

$1,200,000

$1,160,000

$1,055,000

$1,024,500

52

41

39

$1,565,000

46 22

27

Mar-21

Apr-21

36

28

May-21

33

24

Jun-21

26

27

Jul-21

26

21

Aug-21

31

23

Sep-21

37 20

Oct-21

$1,037,500

28

16

Nov-21

$1,150,000

14

25

Dec-21

SANTA MONICA Santa Monica, an iconic name and coastal city. The city is a walkable 8.3 square miles and offers 6 distinct areas filled with opportunities for outdoor experience, and fine shopping and dining. The Santa Monica Pier and Ocean Avenue are a landmark of the area with a quintessentially California lifestyle. Head north to Montana Avenue for 10 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

D EC EMBER 20 21 DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

159

72

$1.73M

22

$990

45%

164

79

$1.30M

25

$911

48%

-3%

-9%

+33%

-12%

+9%

-6%

13-MONTH TRENDS

$1,300,000

$1,512,500

$1,370,000

$1,845,000

$1,691,250

$1,687,500

$1,450,000

$1,908,288

$1,742,500

$1,470,000

$1,730,000 $1,400,000

$1,185,000

300

298

292

280

293

277

276

287

266

218

203

164 79

Dec-20

159 47

35

Jan-21

Feb-21

76

86

88

93

89

70

90

81

79

72

Mar-21

Apr-21

May-21

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

Nov-21

Dec-21

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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

71

32

$2.50M

38

$1,096

45%

70

37

$1.81M

38

$1,005

53%

+1%

-14%

+38%

+0%

+9%

-15%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $2,500,000

$1,888,000

$1,814,000

$1,918,000

$2,107,500

$2,030,000

$2,200,000

$2,181,500 $1,880,000

$1,722,500

$1,935,000

$1,885,000

$1,408,000

70

37

Dec-20

147

141

123

89

151

133

15

31

30

20

38

Jan-21

Feb-21

Mar-21

Apr-21

May-21

142

127

123

110

95

32

33

32

18

28

29

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

Nov-21

71

32

Dec-21

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 it's 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

• Kenneth Hahn Park and Disc Golf Course

• Jerusalem Chicken

• New Orleans Snowballs

• Simply Wholesome

• Sachi Teriyaki House

• Ladera Park

MARKET SUMMARY

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

7

8

$1.43M

16

$534

114%

14

5

$1.20M

11

$505

36%

-50%

+60%

+19%

+45%

+6%

+220%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,344,700 $1,200,000

$1,199,999 $1,084,500

$1,100,000

$1,146,250

$1,138,000

$1,215,000

21 16

15

14 5

5

Dec-20

Jan-21

13 7

Feb-21

13 9

10

Mar-21

Apr-21

21

19 15

May-21

8

6

Jun-21

Jul-21

$1,425,000 $1,260,000

12 4

$1,429,900

$1,152,500

18

12

$1,375,000

Aug-21

9

9

9

5

Sep-21

Oct-21

Nov-21

7

8

Dec-21

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 make this the hottest place in town. The art and culture continue through the day with book clubs and stores, film festivals and theaters, and theatre 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

D EC EMBER 20 21 DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

100

54

$1.02M

15

$827

54%

116

52

$1.04M

43

$833

45%

-14%

+4%

-2%

-65%

-1%

+20%

13-MONTH TRENDS $1,427,500 $1,285,000 $1,150,000 $1,039,500

$1,011,250

$1,004,250

212

$1,082,500

$1,117,500

$1,100,000

$967,000

220

212

$1,140,000

191

188

184

179

182

169 133

123

116

$1,017,500

$915,000

52

42

41

Dec-20

Jan-21

Feb-21

66

Mar-21

53

54

65

54

57

45

Apr-21

May-21

Jun-21

Jul-21

Aug-21

Sep-21

100

61

57

54

Oct-21

Nov-21

Dec-21

WEST LOS ANGELES West Los Angeles, also known as Sawtelle Japantown, is a unique neighborhood that celebrates Japanese culture in its restaurants and shops as well as 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

• Los Angeles National Veterans Park

• Sonrita's Prime Tacos

• Killer Noodle Tsujita

• Tsujita LA Artisan Noodle

• Plan Check Kitchen + Bar

• W Pico Boulevard

MARKET SUMMARY

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

35

33

$935K

15

$658

94%

39

23

$1.11M

18

$730

59%

-10%

+43%

-16%

-17%

-10%

+60%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,268,844 $1,110,000

$1,093,750 $965,000

$895,000

47 23

18

Dec-20

Jan-21

78

73

26

Feb-21

33

Mar-21

68

$995,000

$1,050,000

$1,030,000 $935,000

81

68 38

21

Apr-21

$1,082,500

$895,000

$852,000

62 39

$1,036,944

May-21

65

60

60

46

32

32

36

31

29

25

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

Nov-21

35

33

Dec-21

WESTCHESTER Westchester started out as an agricultural area in the early 20th century, though 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 that offers office space, apartments, and shopping. Westchester is now home to two main college campuses as well as 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

D EC EMBER 20 21 TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

30

33

$1.50M

10

$839

110%

26

32

$1.27M

11

$789

123%

+15%

+3%

+18%

-9%

+6%

-11%

DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

13-MONTH TRENDS $1,271,250

$1,250,000

$1,287,500

$1,335,000

$1,425,000

$1,385,000

26

32

Dec-20

42

17

22

Jan-21

Feb-21

22

$1,337,500

$1,400,000

77

44

Mar-21

38

47

Apr-21

52

47

50

$1,260,000

51

49

30

25

May-21

64

Jun-21

Jul-21

Aug-21

$1,500,000

$1,374,500

$1,225,000

69 50

$1,425,000

41

40 24

Sep-21

Oct-21

30

Nov-21

30

33

Dec-21

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

D EC EMBER 20 21 DECEMBER

2021 DECEMBER

2020 PERCENT CHANGE

TOTAL INVENTORY

TOTAL SALES

MEDIAN SALES PRICE

MEDIAN DAYS ON MARKET

MEDIAN PRICE PER SQUARE FOOT

SALES RATIO

182

77

$1.31M

21

$762

42%

161

67

$1.14M

28

$692

42%

+13%

+15%

+15%

-25%

+10%

+2%

13-MONTH TRENDS $1,330,000 $1,136,000

$1,090,000

$1,175,000

$1,226,000

$1,190,000 $1,070,000

$1,010,000

311

297

276

318

293

$1,150,000

319

306

$1,175,000

304

$1,202,500

270

$1,310,000 $1,147,500

242

187

161 67

Dec-20

182

49

55

Jan-21

Feb-21

78

75

81

Mar-21

Apr-21

May-21

97

82

67

77

84

82

77

Jun-21

Jul-21

Aug-21

Sep-21

Oct-21

Nov-21

Dec-21

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