May 2022 Market Report

Page 1

MARKET REPORT May 2022

SANTA MONICA


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 SINGLE FAMILY  May

North of Montana - 90402 OVERVIEW

$45,207,798

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $6,458,256

 $4,822,798

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $6,253,428

 14

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 103.28% %

7

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

 14

 11

7

 $4,700,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $3,150,000

 $6,245,000

 $3,900,000

 $4,822,798

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $11,995,000

 25

 $11,250,000

 14

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $6,449,726

 $1687.59

 $6,458,256

 $1836.80

415 23RD ST 247 19TH ST 707 11TH ST 723 21ST PL

SOLD LISTINGS $11,250,000 710 25TH ST $9,800,000 314 Euclid ST $6,650,000 401 17TH ST $4,822,798

$4,650,000 $4,135,000 $3,900,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 10:35 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 CONDO/CO-OP  May

North of Montana - 90402 OVERVIEW

$6,850,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $2,283,333

 $2,400,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $2,064,666

8

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 110.59% %

3

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

7

5

3

 $2,299,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $895,000

 $2,895,000

 $1,000,000

 $2,400,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $8,750,000

 62

 $3,450,000

8

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $3,665,999

 $1621.43

 $2,283,333

 $1424.18

515 OCEAN AVE #707N 515 OCEAN AVE #704N

SOLD LISTINGS $3,450,000 516 San Vicente BLVD #109 $2,400,000

$1,000,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 10:38 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 SINGLE FAMILY  May

Wilshire / Montana - 90403 OVERVIEW

$7,605,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $2,535,000

 $2,120,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $2,471,333

 39

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 102.58% %

3

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

 10

2

3

 $2,120,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $1,799,000

 $3,190,000

 $1,805,000

 $2,120,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $12,650,000

 73

 $3,680,000

 39

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $3,836,083

 $1593.57

 $2,535,000

 $1522.05

1116 Stanford ST 1165 STANFORD ST

SOLD LISTINGS $3,680,000 2021 IDAHO AVE $2,120,000

$1,805,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 10:41 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 CONDO/CO-OP  May

Wilshire / Montana - 90403 OVERVIEW

$35,564,450

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $1,546,280

 $1,479,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $1,513,695

 33

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 102.15% %

 23

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

 59

 28

 23

 $1,529,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $450,000

 $1,395,000

 $720,000

 $1,479,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $7,500,000

 32

 $2,667,000

 33

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $1,670,219

 $1071.60

 $1,546,280

 $1095.45

833 17Th St #4 833 14th Street #6 918 9TH ST #D 1048 3RD ST #105 933 9TH ST #1 1040 4th ST #302 915 12TH ST #2 1118 3rd St #401 1808 CALIFORNIA AVE 1044 20TH ST #J

SOLD LISTINGS (Showing Top 20 of 23) $2,667,000 1044 10TH ST #6 $2,578,000 901 10th ST #209 $2,025,000 1144 YALE ST #4 $2,000,000 917 2ND ST #301 $1,839,450 901 5TH ST #D $1,820,000 1138 20th ST #4 $1,803,000 844 16th ST #5 $1,779,000 1133 9TH ST #305 $1,775,000 1012 7TH ST #15 $1,775,000 852 15TH ST #5

$1,625,000 $1,479,000 $1,450,000 $1,440,000 $1,385,000 $1,200,000 $1,175,000 $1,150,000 $1,118,000 $1,016,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 10:44 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 SINGLE FAMILY  May

Mid City - 90404 OVERVIEW

0

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

0

0

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

0

0

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

0 %

0

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

5

1

0

0

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $1,500,000

 $2,074,000

0

0

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $3,999,999

 48

0

0

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $2,257,999

 $1152.47

0

0

SOLD LISTINGS

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 11:00 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 CONDO/CO-OP  May

Mid City - 90404 OVERVIEW

$3,548,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $887,000

 $774,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $821,500

 16

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 107.97% %

4

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

 18

5

4

 $769,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $499,000

 $889,000

 $500,000

 $774,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $1,595,000

 33

 $1,500,000

 16

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $946,495

 $887.72

 $887,000

 $836.01

1240 25th ST #4 2519 KANSAS AVE #102

SOLD LISTINGS $1,500,000 2329 Kansas AVE #5 $981,000 1912 BROADWAY #108

$567,000 $500,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 11:03 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 SINGLE FAMILY  May

Ocean Park - 90405 OVERVIEW

$8,230,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $2,743,333

 $3,125,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $2,531,333

 19

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 108.38% %

3

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

6

4

3

 $3,195,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $849,000

 $2,495,000

 $1,520,000

 $3,125,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $5,495,000

 25

 $3,585,000

 19

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $2,792,000

 $1418.75

 $2,743,333

 $1211.52

724 COPELAND CT 2646 2nd St

SOLD LISTINGS $3,585,000 645 Ozone ST $3,125,000

$1,520,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 11:05 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 CONDO/CO-OP  May

Ocean Park - 90405 OVERVIEW

$8,332,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $1,041,500

 $1,025,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $985,862

 14

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 105.64% %

8

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

 22

 11

8

 $962,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $619,770

 $1,197,000

 $675,000

 $1,025,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $2,345,000

 27

 $1,495,000

 14

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $1,263,948

 $1008.65

 $1,041,500

 $982.42

654 PIER AVE #A 2431 3RD ST #1 255 MAIN ST #201 3101 5TH ST #6

SOLD LISTINGS $1,495,000 255 MAIN ST #103 $1,350,000 714 Pier AVE #2 $1,200,000 2311 4TH ST #203 $1,060,000 2002 4th ST #106

$990,000 $802,500 $759,500 $675,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 11:09 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 SINGLE FAMILY  May

Sunset Park - 90405 OVERVIEW

$8,337,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $2,779,000

 $2,602,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $2,566,333

 12

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 108.29% %

3

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

7

6

3

 $2,209,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $470,000

 $2,424,500

 $2,210,000

 $2,602,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $3,495,000

 34

 $3,525,000

 12

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $2,365,416

 $1332.31

 $2,779,000

 $1301.79

1214 PEARL ST 2830 PEARL ST

SOLD LISTINGS $3,525,000 2314 24TH ST $2,602,000

$2,210,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 11:11 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


Engel Voelkers Santa Monica

DRE# 01911544

santamonica@evrealestate.com santamonica.evrealestate.com

 310-460-2525

2022 CONDO/CO-OP  May

Sunset Park - 90405 OVERVIEW

$10,142,000

TOTAL SOLD VOLUME AVERAGE SALES PRICE

MEDIAN PRICE

 $1,126,888

 $1,245,000

AVERAGE LIST PRICE

AVGERAGE DAYS TO SELL

 $1,016,220

 22

AVG. SALES PRICE / AVG. LIST PRICE

NR. OF LISTINGS SOLD

 110.89% %

9

ACTIVE-PENDING LISTINGS

CLOSED SALES

ACTIVE LISTINGS

PENDING LISTINGS

CLOSED SALES

MEDIAN LIST PRICE SOLD

 14

 10

9

 $1,099,000

MINIMUM LIST PRICE

MEDIAN LIST PRICE

MINIMUM PRICE SOLD

MEDIAN SOLD PRICE

 $499,999

 $1,250,000

 $570,000

 $1,245,000

MAXIMUM LIST PRICE

AVG. DAYS ON MARKET

MAXIMUM PRICE SOLD

AVERAGE DAYS TO SELL

 $1,480,000

 26

 $1,700,000

 22

AVERAGE LIST PRICE

AVG.PRICE PER SQ.FT.

AVERAGE PRICE SOLD

AVG.PRICE PER SQ.FT.

 $1,107,473

 $914.42

 $1,126,888

 $1029.74

2920 11TH ST #6 2652 29TH ST #4 2433 28TH ST #D 1413 Ocean Park BLVD #1 2339 34TH ST #1

SOLD LISTINGS $1,700,000 2912 11TH ST #6 $1,563,000 2446 20TH ST #5 $1,480,000 2033 EUCLID ST #2 $1,375,000 2621 Centinela AVE #12 $1,245,000

$850,000 $729,000 $630,000 $570,000

All information is based on data supplied by the Combined Los Angeles Westside Multiple Listing Service. The data collected on for this report was generated on June 03, 2022 at 11:13 AM, the accuracy cannot be guaranteed and may not reflect all real estate activity in the market. Properties may or may not be listed/sold by the office/broker/agent presenting this information. ©2022 ENGEL & VÖLKERS Santa Monica, Engel Voelkers Santa Monica DRE # 01911544 Source of Information: Combined Los Angeles Westside MLS. Information deemed reliable but not guaranteed.


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©2022 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principals of the Fair Housing Act. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.

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