As you may have already heard real estate is hyper local, prices can vary greatly from neighborhood to neighborhood. Below I've compared 2 years of market data for single family homes for 5 Westside areas.
If your neighborhood is not included in this list please call me and I'll be happy to get you the most up to date information for your area.
Venice
Sept.2009-Sept.2010
Total Sales:160, Average Days on Market:71, Median Sales Price: $897,000.
Sept.2010-Sept.2011
Total Sales:177, Average Days on Market:78, Median Sales Price: $925,000.
West L.A.
Sept.2009-Sept.2010
Total Sales:61, Average Days on Market:40, Median Sales Price: $680,000.
Sept.2010-Sept.2011
Total Sales:73, Average Days on Market:64, Median Sales Price: $630,000.
Culver City
Sept.2009-Sept.2010
Total Sales:145, Average Days on Market:45, Median Sales Price: $650,000.
Sept.2010-Sept.2011
Total Sales:147, Average Days on Market:57, Median Sales Price: $615,000.
Mar Vista/Palms
Sept.2009-Sept.2010
Total Sales:267, Average Days on Market:51, Median Sales Price: $740,000.
Sept.2010-Sept.2011
Total Sales:287, Average Days on Market:49, Median Sales Price: $710,000.
Santa Monica
Sept.2009-Sept.2010
Total Sales:244, Average Days on Market:64, Median Sales Price: $1.4M
Sept.2010-Sept.2011
Total Sales:245, Average Days on Market:70, Median Sales Price: $1.3M
Please don't hesitate to call me with any of your real estate needs!
All my best,
Amanda