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Market Intelligence Report LA’s Westside Edition Delivering the facts and trends of the most relevant market activities as they unfold in LA’s Westside real estate communities RE/MAX Estate Properties 650+ Local Agents • 14 Offices • Luxury Residential Commercial Investment Division • International Lic # 00450665, 00402754, 01879720 Vol. 5 | September 2019

Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

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Page 1: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

Market Intelligence ReportLArsquos Westside Edition

Delivering the facts and trends of the most relevant market activities as they unfold in LArsquos Westside real estate communities

REMAX Estate Properties650+ Local Agents bull 14 Offices bull Luxury Residential

Commercial Investment Division bull InternationalLic 00450665 00402754 01879720

Vol 5 | September 2019

Westside Market Intelligence

REMAX Estate Properties tracks key data points in significant cities and areas throughout the Westside of Los Angeles

Beverly Hills 4

Beverlywood 5

Brentwood 6

Cheviot Hills 7

Culver City 8

Hollywood 9

Inglewood 10

Marina del Rey 11

Pacific Palisades 12

Palms Mar Vista 13

Playa del Rey 14

Playa Vista 15

Santa Monica 16

Sherman Oaks 17

Venice 18

West Hollywood 19

West Los Angeles 20

Westchester 21

WestwoodCentury City 22

Market Intelligence GlossaryMEDIAN PRICEMedian Price is the price of the property that falls in the middle of the total number of properties Sold in any given month

AVERAGE PRICE PER SQUARE FOOTFound by taking the price of each property and dividing that by its square footage then finding the average for all properties Sold

PROPERTIES FOR SALEThe number of properties that are for sale on the market

PROPERTIES UNDER CONTRACTThe number of properties with an accepted offer however they have not closed

PROPERTIES SOLDThe number of properties that SOLD and transfered ownership

DAYS ON MARKET (CLOSED SALES)The average number of days that properties were on ACTIVE on the market

MONTHS SUPPLY OF INVENTORYThis is calculated by dividing the total number of homes for sale in a particular month by the number of homes that sold in that month

PROPERTIES PENDING SALEThe number of properties placed in escrow during any given month

ABSORPTION RATE (CLOSED SALES)This is the rate at which properties sell It is the number of properties sold divided by the total number of properties for sale

REPORT NOTESReports published in Sept 2019 are based on data available at the end of August 2019 All reports presented are based on data supplied by the CRMLS or TheMLS and Trendgraphix Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy Information deemed reliable but not guaranteed

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$4030000

$4982000

158

21

22

78

$2550 $4030 58

$1281 $1374 7

137 158 15

17 21 24

21 22 5

57 78 37

65 72 11

153 139 -9

Beverly Hills

$4030

$4982

$-

$1000

$2000

$3000

$4000

$5000

$6000

$7000

$8000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1465000

$1549000

52

23

23

54

$1475 $1465 -1

$751 $757 1

46 52 13

19 23 21

27 23 -15

46 54 17

24 23 -4

587 442 -25

Beverlywood

$1465

$1549

$-

$500

$1000

$1500

$2000

$2500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1445000

$2059000

156

30

35

73

$2024 $1445 -29

$914 $860 -6

135 156 16

29 30 3

44 35 -20

57 73 28

47 52 11

326 224 -31

Brentwood

$1445

$2059

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 2: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

Westside Market Intelligence

REMAX Estate Properties tracks key data points in significant cities and areas throughout the Westside of Los Angeles

Beverly Hills 4

Beverlywood 5

Brentwood 6

Cheviot Hills 7

Culver City 8

Hollywood 9

Inglewood 10

Marina del Rey 11

Pacific Palisades 12

Palms Mar Vista 13

Playa del Rey 14

Playa Vista 15

Santa Monica 16

Sherman Oaks 17

Venice 18

West Hollywood 19

West Los Angeles 20

Westchester 21

WestwoodCentury City 22

Market Intelligence GlossaryMEDIAN PRICEMedian Price is the price of the property that falls in the middle of the total number of properties Sold in any given month

AVERAGE PRICE PER SQUARE FOOTFound by taking the price of each property and dividing that by its square footage then finding the average for all properties Sold

PROPERTIES FOR SALEThe number of properties that are for sale on the market

PROPERTIES UNDER CONTRACTThe number of properties with an accepted offer however they have not closed

PROPERTIES SOLDThe number of properties that SOLD and transfered ownership

DAYS ON MARKET (CLOSED SALES)The average number of days that properties were on ACTIVE on the market

MONTHS SUPPLY OF INVENTORYThis is calculated by dividing the total number of homes for sale in a particular month by the number of homes that sold in that month

PROPERTIES PENDING SALEThe number of properties placed in escrow during any given month

ABSORPTION RATE (CLOSED SALES)This is the rate at which properties sell It is the number of properties sold divided by the total number of properties for sale

REPORT NOTESReports published in Sept 2019 are based on data available at the end of August 2019 All reports presented are based on data supplied by the CRMLS or TheMLS and Trendgraphix Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy Information deemed reliable but not guaranteed

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$4030000

$4982000

158

21

22

78

$2550 $4030 58

$1281 $1374 7

137 158 15

17 21 24

21 22 5

57 78 37

65 72 11

153 139 -9

Beverly Hills

$4030

$4982

$-

$1000

$2000

$3000

$4000

$5000

$6000

$7000

$8000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1465000

$1549000

52

23

23

54

$1475 $1465 -1

$751 $757 1

46 52 13

19 23 21

27 23 -15

46 54 17

24 23 -4

587 442 -25

Beverlywood

$1465

$1549

$-

$500

$1000

$1500

$2000

$2500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1445000

$2059000

156

30

35

73

$2024 $1445 -29

$914 $860 -6

135 156 16

29 30 3

44 35 -20

57 73 28

47 52 11

326 224 -31

Brentwood

$1445

$2059

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 3: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

Market Intelligence GlossaryMEDIAN PRICEMedian Price is the price of the property that falls in the middle of the total number of properties Sold in any given month

AVERAGE PRICE PER SQUARE FOOTFound by taking the price of each property and dividing that by its square footage then finding the average for all properties Sold

PROPERTIES FOR SALEThe number of properties that are for sale on the market

PROPERTIES UNDER CONTRACTThe number of properties with an accepted offer however they have not closed

PROPERTIES SOLDThe number of properties that SOLD and transfered ownership

DAYS ON MARKET (CLOSED SALES)The average number of days that properties were on ACTIVE on the market

MONTHS SUPPLY OF INVENTORYThis is calculated by dividing the total number of homes for sale in a particular month by the number of homes that sold in that month

PROPERTIES PENDING SALEThe number of properties placed in escrow during any given month

ABSORPTION RATE (CLOSED SALES)This is the rate at which properties sell It is the number of properties sold divided by the total number of properties for sale

REPORT NOTESReports published in Sept 2019 are based on data available at the end of August 2019 All reports presented are based on data supplied by the CRMLS or TheMLS and Trendgraphix Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy Information deemed reliable but not guaranteed

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$4030000

$4982000

158

21

22

78

$2550 $4030 58

$1281 $1374 7

137 158 15

17 21 24

21 22 5

57 78 37

65 72 11

153 139 -9

Beverly Hills

$4030

$4982

$-

$1000

$2000

$3000

$4000

$5000

$6000

$7000

$8000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1465000

$1549000

52

23

23

54

$1475 $1465 -1

$751 $757 1

46 52 13

19 23 21

27 23 -15

46 54 17

24 23 -4

587 442 -25

Beverlywood

$1465

$1549

$-

$500

$1000

$1500

$2000

$2500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1445000

$2059000

156

30

35

73

$2024 $1445 -29

$914 $860 -6

135 156 16

29 30 3

44 35 -20

57 73 28

47 52 11

326 224 -31

Brentwood

$1445

$2059

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 4: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$4030000

$4982000

158

21

22

78

$2550 $4030 58

$1281 $1374 7

137 158 15

17 21 24

21 22 5

57 78 37

65 72 11

153 139 -9

Beverly Hills

$4030

$4982

$-

$1000

$2000

$3000

$4000

$5000

$6000

$7000

$8000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1465000

$1549000

52

23

23

54

$1475 $1465 -1

$751 $757 1

46 52 13

19 23 21

27 23 -15

46 54 17

24 23 -4

587 442 -25

Beverlywood

$1465

$1549

$-

$500

$1000

$1500

$2000

$2500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1445000

$2059000

156

30

35

73

$2024 $1445 -29

$914 $860 -6

135 156 16

29 30 3

44 35 -20

57 73 28

47 52 11

326 224 -31

Brentwood

$1445

$2059

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 5: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1465000

$1549000

52

23

23

54

$1475 $1465 -1

$751 $757 1

46 52 13

19 23 21

27 23 -15

46 54 17

24 23 -4

587 442 -25

Beverlywood

$1465

$1549

$-

$500

$1000

$1500

$2000

$2500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1445000

$2059000

156

30

35

73

$2024 $1445 -29

$914 $860 -6

135 156 16

29 30 3

44 35 -20

57 73 28

47 52 11

326 224 -31

Brentwood

$1445

$2059

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 6: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1445000

$2059000

156

30

35

73

$2024 $1445 -29

$914 $860 -6

135 156 16

29 30 3

44 35 -20

57 73 28

47 52 11

326 224 -31

Brentwood

$1445

$2059

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

$5000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 7: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1474000

$1567000

16

4

3

39

$2035 $1474 -28

$790 $861 9

11 16 45

6 4 -33

17 3 -82

43 39 -9

06 53 783

1545 188 -88

Cheviot Hills

$1474

$1567

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 8: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1028000

$1175000

53

33

33

45

$940 $1028 9

$765 $762 0

67 53 -21

40 33 -18

45 33 -27

31 45 45

15 16 7

672 623 -7

Culver City

$1028

$1175

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 9: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$870000

$1090000

74

22

20

51

$635 $870 37

$593 $597 1

73 74 1

22 22 0

16 20 25

63 51 -19

33 34 3

219 27 23

Hollywood

$870

$1090

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 10: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$650000

$633000

55

32

25

43

$613 $650 6

$398 $451 13

42 55 31

38 32 -16

26 25 -4

39 43 10

16 22 38

619 455 -26

Inglewood

$650 $633

$-

$100

$200

$300

$400

$500

$600

$700

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 11: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1055000

$1231000

100

32

41

56

$1109 $1055 -5

$725 $783 8

94 100 6

37 32 -14

48 41 -15

43 56 30

2 24 20

511 41 -20

Marina Del Rey

$1055

$1231

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 12: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$3246000

$3913000

126

31

22

56

$2813 $3246 15

$1277 $1017 -20

104 126 21

24 31 29

20 22 10

49 56 14

52 57 10

192 175 -9

Pacific Palisades

$3246

$3913

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

$4000

$4500

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 13: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1584000

$1694000

52

33

40

38

$1434 $1584 10

$794 $800 1

72 52 -28

38 33 -13

36 40 11

37 38 3

2 13 -35

50 769 54

PalmsMar Vista

$1584

$1694

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

$1800

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 14: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$710000

$804000

39

24

18

30

$775 $710 -8

$697 $619 -11

21 39 86

19 24 26

17 18 6

34 30 -12

12 22 83

81 462 -43

Playa del Rey

$710

$804

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 15: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1120000

$1301000

41

14

14

42

$1083 $1120 3

$747 $707 -5

37 41 11

9 14 56

16 14 -13

38 42 11

23 29 26

432 341 -21

Playa Vista

$1120

$1301

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 16: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1466000

$1946000

177

57

49

65

$1588 $1466 -8

$1125 $1103 -2

147 177 20

55 57 4

46 49 7

42 65 55

32 36 13

313 277 -12

Santa Monica

$1466

$1946

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 17: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1100000

$1181000

200

104

102

57

$840 $1100 31

$544 $551 1

202 200 -1

76 104 37

89 102 15

46 57 24

23 2 -13

441 51 16

Sherman Oaks

$1100

$1181

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 18: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$2001000

$2131000

94

23

25

64

$1843 $2001 9

$1258 $1142 -9

70 94 34

16 23 44

24 25 4

53 64 21

29 38 31

343 266 -22

Venice

$2001

$2131

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

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i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 19: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$815000

$1061000

126

47

46

46

$994 $815 -18

$790 $784 -1

103 126 22

42 47 12

52 46 -12

44 46 5

2 27 35

505 365 -28

West Hollywood

$815

$1061

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 20: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$985000

$969000

43

23

17

52

$1100 $985 -10

$716 $654 -9

48 43 -10

26 23 -12

28 17 -39

35 52 49

17 25 47

583 395 -32

West Los Angeles

$985

$969

$-

$200

$400

$600

$800

$1000

$1200

$1400

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 21: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$1108000

$1186000

55

35

37

38

$1125 $1108 -2

$669 $646 -3

57 55 -4

40 35 -13

37 37 0

29 38 31

15 15 0

649 673 4

Westchester

$1108

$1186

$-

$200

$400

$600

$800

$1000

$1200

$1400

$1600

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 22: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

AUGUST STATS

AVERAGE amp MEDIAN PRICE

AUG AUG 2018 2019 Change

Median Sold Price

Key Facts

Average Sold Price

Listings for Sale

Listings Pending

Listings Sold

Days On Market

$1655

$2593

$-

$500

$1000

$1500

$2000

$2500

$3000

$3500

Median Average

Median Price (in $000)

Average Price Per Sq Foot

Properties for Sale

Properties Pending Sales

Properties Sold

Days on Market (Sold Homes)

Monthly Supply of Inventory

Absorption Rate (closed sales)

$988000

$1535000

222

69

57

49

$1198 $988 -4

$785 $831 -5

163 222 111

60 69 -12

50 57 -34

53 49 -5

33 39 209

307 257 -69

WestwoodCentury City

$988

$1535

$-

$500

$1000

$1500

$2000

$2500

$3000

Aug2018

Sept2018

Oct2018

Nov2018

Dec2018

Jan2019

Feb2019

Mar2019

Apr2019

May2019

June2019

July2019

Aug2019

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 23: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

BEVERLY HILLS9454 Wilshire Blvd Suite 600

Beverly Hills CA 90212

WEST LOS ANGELES10931 W Pico Blvd

Los Angeles CA 90064

MARINA DEL REY VENICE124 Washington Blvd

Marina Del Rey CA 90292

SILICON BEACH7131 W Manchester Ave

Los Angeles CA 90045

EL SEGUNDO402 Main Street

El Segundo CA 90245

MANHATTAN BEACH-DOWNTOWN 1401 Highland Avenue

Manhattan Beach CA 90266

MANHATTAN BEACH1040 Manhattan Beach BlvdManhattan Beach CA 90266

HERMOSA BEACH2601 Pacific Coast Hwy

Hermosa Beach CA 90254

SOUTH BAY23740 Hawthorne Blvd 2nd Flr

Torrance CA 90505

REDONDO BEACH1720 S Elena Avenue

Redondo Beach CA 90277

MALAGA COVE63 Malaga Cove Plaza

Palos Verdes Estates CA 90274

SILVER SPUR450 Silver Spur Road

Rancho Palos Verdes CA 90274

MIRALESTE5 Miraleste Plaza

Rancho Palos Verdes CA 90275

SAN PEDRO COASTLINE1416 W 25th Street

San Pedro CA 90732

REMAX Estate Properties bull 600+ Local Agents bull 14 Offices bull Luxury Residential

International bull Commercial Division

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties

Page 24: Market Intelligence Report LA’s Westside Edition...AVERAG MI I AG AG % 2018 2019 Change e Ke acts: Averag e ending et $1,655 $2,593 $-$500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500

CONNECT WITH US

f REMAXEstateProperties z EPLAHomes t remaxepla

i REMAX Estate Properties c REMAXEPLA

copy 2015-19 REMAX Estate Properties