Real Estate Market Report
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Q1 2020 Coast Communities The Hills The Westside Hollywood Hills & Mid-City Westside - South Metro Los Angeles South Bay Residential Sales 1.1.2020-3.31.2020 Welcome We are proud to present to you this Market Update for First Quarter 2020. It is my sincere hope this message finds you healthy, happy and safe during this incredibly unprecedented time in our local and global history and economies. Working with an experienced professional today is, as you can imagine, more important than ever. As a local expert, entrenched in our communities - invested in the success of our shared endeavors - I am here to bring focus and clarity to any uncertainty. The enclosed data offers a snapshot of what has transpired in our markets. This is just one piece of the puzzle. Our resources and long standing relationships remain unmatched and my commitment to reaching your very unique real estate goals is unwavering. To your home and investment success! Los Angeles Q1 2020 Residential Sales COAST COMMUNITIES WESTWIDE - SOUTH Malibu ...............................6 Culver City ...........................38 Index Malibu Beach ..........................6 Inglewood ...........................40 Marina Del Rey .........................7 Ladera Heights .......................41 Pacific Palisades ........................8 Park Hills Heights ......................43 Santa Monica .........................10 Topanga .............................12 METRO LOS ANGELES Venice ..............................13 Atwater .............................46 Westchester ..........................15 Downtown LA ........................46 Hollywood ..........................48 THE HILLS Los Feliz .............................49 Beverly Hills ..........................18 Silver Lake - Echo Park ..................50 Beverly Hills P.O. ......................19 SOUTH BAY THE WESTSIDE El Segundo ..........................54 Beverlywood .........................22 Hawthorne ...........................55 Brentwood ...........................23 Hermosa Beach .......................56 Cheviot Hills - Rancho Park ..............24 Manhattan Beach ......................57 West LA .............................25 Palos Verdes Estates ...................58 Westwood - Century City ...............26 Playa Del Rey .........................59 Playa Vista ...........................60 HOLLYWOOD HILLS & Rancho Palos Verdes ...................61 MID-CITY Redondo Beach .......................64 Hancock Park - Wilshire .................30 Rolling Hills Estate .....................66 Hollywood Hills East ...................32 Torrance .............................67 Sunset Strip - Hollywood Hills West .......32 West Hollywood ......................35 Information deemed reliable but not guaranteed. The enclosed data has been supplied by the CRMLS or The MLS™. Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy. TOTAL SALES Number of properties sold and transferred ownership LOWEST SALES PRICE Least dollar amount paid for the closed sale of property within the designated city or area HIGHEST SALES PRICE Greatest dollar amount paid for the closed sale of property within the designated city or area Glossary 3 Coast Communities Los Angeles Q1 2020 Residential Sales NUMBER OF SALES AVERAGE SOLD PRICE DAYS ON MARKET Type 2019 2020 Change 2019 2020 Change 2019 2020 Change MALIBU SFR 16 23 43.8% $3,252,500 $2,250,000 -30.8% 99 106 7.2% Condo 8 7 -12.5% $807,500 $934,000 15.7% 88 85 -3.6% MALIBU BEACH SFR 8 11 37.5% $5,800,000 $5,875,000 1.3% 116 118 1.0% Condo 5 1 -80.0% $1,220,000 $1,010,000 -17.2% 86 82 -4.0% MARINA DEL REY SFR 17 18 5.9% $1,309,980 $1,697,500 29.6% 65 43 -34.3% Condo 64 54 -15.6% $920,000 $1,062,275 15.5% 52 37 -28.0% PACIFIC PALISADES SFR 33 40 21.2% $3,080,000 $3,291,250 6.9% 0 60 21.5% Condo 10 10 0.0% $1,242,500 $1,055,000 -15.1% 38 39 0.8% PALMS - MAR VISTA SFR 76 46 -39.5% $1,522,500 $1,595,000 4.8% 44 20 -55.6% Condo 16 12 -25.0% $695,750 $816,000 17.3% 52 33 -36.9% SANTA MONICA SFR 39 55 41.0% $2,213,000 $2,410,000 8.9% 67 43 -34.9% Condo 71 61 -14.1% $1,080,000 $1,020,000 -5.6% 50 39 -21.0% TOPANGA SFR 20 23 15.0% $1,140,000 $1,399,000 22.7% 59 58 -1.1% Condo 0 0 N/A N/A N/A N/A N/A N/A N/A VENICE SFR 37 42 13.5% $2,150,000 $2,140,000 0.5% 65 46 -29.6% Condo 3 4 33.3% $1,490,000 $1,235,000 -17.1% 88 75 -14.4% WESTCHESTER SFR 53 75 44.2% $1,345,000 $1,325,000 -1.5% 50 27 -45.2% Condo 7 8 14.3% $490,000 $525,375 7.2% 32 24 23.9% 5 Malibu Malibu Beach PROPERTY SALES PRICE PROPERTY SALES PRICE 31226 Bailard Road $ 4,250,000 31666 Broad Beach Road $ 6,450,000 30966 Broad Beach Road $ 11,498,000 5795 Calpine Drive $ 4,995,000 31042 Broad Beach Road $ 8,995,000 23901 Civic Center Way $ 400,000 26524 Latigo Shore Drive $ 12,995,000 23901 Civic Center Way $ 599,500 24134 Malibu Road $ 5,975,000 23901 Civic Center Way $ 650,000 23330 Malibu Colony Road $ 19,950,000 18425 Coastline Drive $ 2,699,000 20152 Pacific Coast Highway $ 4,400,000 23443 W Copacabana Street $ 2,085,000 19216 Pacific Coast Highway $ 6,500,000 23937 De Ville Way $ 1,765,000 20450 Pacific Coast Highway $ 3,095,000 RESIDENTIAL SALES BY STREET ADDRESS STREET BY RESIDENTIAL SALES 4345 Escondido Trail $ 1,799,000 28850 Hampton Place $ 4,500,000 20828 Pacific Coast Highway $ 3,695,000 4350 Hillview Drive $ 1,275,000 20638 Pacific Coast Highway $ 1,199,000 18425 Kingsport Drive $ 2,395,000 6460 Lunita Road $ 1,320,000 4355 Ocean View Drive $ 900,000 21461 Pacific Coast Highway $ 2,395,000 6316 Paseo Canyon Drive $ 1,799,000 21442 Paseo Portola $ 2,475,000 24580 Piuma Road $ 6,995,000 28210 Rey De Copas Lane $ 949,000 3952 Ridgemont Drive $ 5,950,000 24861 Rotunda Mesa $ 2,288,000 Coast Communities 600 Schueren Road $ 3,750,000 6805 Seawatch Lane $ 1,375,000 3540 Surfwood Road $ 1,850,000 24728 Vantage Point Terrace $ 2,495,000 6579 Wandermere Road $ 2,150,000 Los Angeles Q1 2020 Residential Sales Marina Del Rey PROPERTY SALES PRICE PROPERTY SALES PRICE 13226 Admiral Avenue $ 965,000 4337 Marina City Drive $ 642,000 4415 Alla Road $ 1,195,000 4335 Marina City Dr $ 559,000 13326 Beach Avenue $ 975,000 13600 Marina Pointe Drive $ 1,225,000 3109 Carter Avenue $ 1,549,000 13600 Marina Pointe Drive $ 1,449,000 3009 Carter Avenue $ 1,575,000 13700 Marina Pointe Drive $ 740,000 6 Eastwind Street $ 2,695,000 13700 Marina Pointe Drive $ 835,000 13206 Fiji Way $ 1,075,000 13650 Marina Pointe Drive $ 4,295,000 13214 Fiji Way $ 1,012,500 13600 Marina Pointe Drive $ 1,275,000 RESIDENTIAL SALES BY STREET ADDRESS STREET BY RESIDENTIAL SALES 13229 Fiji Way $ 1,075,000 13700 Marina Pointe Drive $ 1,095,000 13243 Fiji Way $ 1,025,000 13700 Marina Pointe Drive $ 1,649,000 4215 Glencoe Avenue $ 1,199,000 13035 Mindanao Way $ 1,199,000 4141 Glencoe Avenue $ 850,000 13131 Mindanao Way $ 1,099,000 4141 Glencoe Avenue $ 949,000 13082 Mindanao Way $ 1,599,000 4080 Glencoe Avenue $ 1,099,000 13055 Mindanao Way $ 998,000 4115 Glencoe Avenue $ 1,095,000 13078 Mindanao Way $ 1,039,000 4050 Glencoe Avenue $ 775,000 13078 Mindanao Way $ 1,050,000 4050 Glencoe Avenue $ 1,293,000 6 Northstar Street $ 2,395,000 4141 Glencoe Avenue $ 850,000 3907 Ocean Front Walk $ 9,950,000 4115 Glencoe Avenue $ 1,199,000 4403 Ocean Front $ 1,895,000 Coast Communities 4080 Glencoe Avenue $ 1,129,000 5205 Ocean Front $ 2,649,000 4140 Glencoe Avenue $ 1,079,000 120 Outrigger Mall $ 3,600,000 4215 Glencoe Avenue $ 925,000 851 Oxford Avenue $ 1,295,000 4141 Glencoe Avenue $ 859,000 5105 Pacific Avenue $ 1,999,000 4730 La Villa Marina $ 919,900 33 Privateer Street $ 1,259,000 4734 La Villa Marina $ 959,000 4 Quarterdeck Street $ 1,675,000 4745 La Villa Marina $ 899,000 4338 Redwood Avenue $ 1,100,000 4751 La Villa Marina $ 949,000 4319 Redwood Avenue $ 1,149,000 24 Lighthouse Street $ 2,700,000 3422 Schooner Avenue $ 1,130,000 131 Lighthouse Mall $ 2,350,000 3024 Stanford Avenue $ 3,300,000 4335 Marina City $ 899,000 4513 Via Dolce $ 2,800,000 4314 Marina City Drive $ 650,000 14 Westwind Street $ 2,000,000 4337 Marina City Drive $ 569,950 7 Coast Communities RESIDENTIAL SALES BY STREET ADDRESS Pacific Palisades PROPERTY SALES PRICE PROPERTY SALES PRICE 15340 Albright Street $ 1,295,000 1051 Galloway Street $ 3,295,000 725 Almar Avenue $ 6,090,000 822 Galloway Street $ 3,795,000 744 Almar Avenue $ 2,800,000 1329 Goucher Street $ 5,850,000 644 Amalfi Drive $ 6,495,000 839 Las Lomas Avenue $ 1,900,000 15425 Antioch Street $ 1,379,000 914 Las Pulgas Road $ 1,899,000 1390 Avenida De Cortez $ 1,700,000 1000 Las Pulgas Road $ 1,995,000 17194 Avenida De La Herradura $ 2,095,000 16038 Miami Way $ 2,675,000 17180 Avenida De Santa Ynez $ 2,149,000 1520 Michael Lane $ 1,479,000 15021 Bestor Boulevard $ 3,495,000 1538 Michael Lane $ 1,200,000 16856 Calle De Sarah $ 3,888,000 1550 Michael Lane $ 1,275,000 1734 Chastain $ 2,995,000 1520 Monaco Drive $ 9,995,000 1403 Cuesta Linda $ 3,998,000 1330 Monument Street $ 6,800,000 16856 Edgar Street $ 1,850,000 574 Mount Holyoke Avenue $ 1,674,900 933 Enchanted Way $ 2,325,000 529 Mount Holyoke Avenue $ 3,499,000 606 Erskine Drive $ 5,250,000 517 Muskingum Place $ 1,895,000 Los Angeles Q1 2020 Residential Sales PROPERTY SALES PRICE PROPERTY SALES PRICE 1149 Napoli Drive $ 7,695,000 3609 Seahorn Drive $ 2,499,000 1275 Palisades Drive $ 1,198,000 1536 Sorrento Drive $ 5,700,000 1744 Palisades Drive $ 965,000 454 Stassi Lane $ 2,695,000 1758 Palisades Drive $ 1,049,000 14820 W Sunset $ 2,495,000 1670 Palisades Drive $ 999,000 16137 W Sunset Boulevard $ 799,990 17085 Palisades Circle $ 1,049,000 15515 W Sunset