Monthly inventory update

3/28 - All inventories are at record levels for this time of year, for the time I've been tracking. The Westside total of 1,694 is greater than all months last year except the fall peak of 1,731 on 11/2/07. And high DOM demonstrates some extremely stale listings.

3/21 - SM <$3M is down slightly, but SM overall is up a little, as is PP and MV.

3/14 - SM and PP are up, but Mar Vista is down (it appears partly from expired listings).

3/7 - Santa Monica is up; Pacific Palisades <$2M is down, but up overall; Mar Vista is down. Amazing that people are committing to house purchases (including 4140 Sunnyside, below) just as the economy appears headed off the cliff.

       LA County  Santa Monica  Pacific Palisades  Mar Vista
                <$3M New Tot DOM<$2M New Tot DOM Tot New DOM
--------  ------  --------------  --------------  ----------
 1/30/06  27,732
 2/28/06  29,420
 3/31/06  31,819
 5/ 1/06  34,032  38  33
 6/ 2/06  37,847  56  36      38
 6/30/06  42,317  66  40      49
 8/ 4/06  45,315  70  34      50
 9/ 1/06  46,781  71  27      59
10/ 6/06  47,369  83  25  98  71
11/ 3/06  45,780  80  20  91  77
12/ 1/06  43,103  65  18  72  96  39  20
 1/ 5/07  35,646  54   4  60 117  33   6  71  66
--------  ------  --------------  --------------  ----------
 2/ 2/07  36,715  38  15  45 124  29  16  61  71  70      
 3/ 2/07  41,251  42  14  51 114  26  10  68  79  55  25  76
 4/ 6/07  42,857  41  23  49 107  18   8  73 103  54  52  50
 5/ 4/07  45,918  46  28  54  92  19   6  82  79  71  37  52
 6/ 1/07  52,198  50  25  61  78  17  15  87  78  77  39  53
 6/30/07  52,769  42  18  56  81  17  11  92  77  74  33  61
 8/ 3/07  54,166  53  28  68  86  23  12  78  76  84  39  68
 8/31/07  57,432  57  21  72  98  18   7  69  75  90  40  79
 9/28/07  58,973  59  17  74 103  26   9  90  81  87  20  87
11/ 2/07  58,731  62  19  81 120  29   7 106  77  98  35  88
11/30/07  59,108  52  14  67 136  23  11  88  94  96  23  96
12/31/07  53,475  42   5  53 148  19   2  73 119  79  13 116
--------  ------  --------------  --------------  ----------
 2/ 1/08  53,722  54  16  67 157  26  16 101 118  89  36  96
 2/29/08  53,520  50  10  68 178  29   8 108 108  88  21 103
 3/ 7/08          52   4  71 187  27   4 116  91  79   5  99
 3/14/08  53,359  57  11  75 176  31   6 118  90  72   9 101
 3/21/08  53,566  55  13  77 174  32   7 120  99  74  14 101
 3/28/08          57  16  81 171  32  11 122  92  82  20 105
 4/ 4/08

All Westside

             2/1    3/28 
                2/29 
Bel Air-H.Hls.85  82  95
Bev.Ctr.-M.M. 71  67  75
Beverly Hills 65  64  66
B.H. P.O.     78  80  92
B'wood Vic.   50  56  53
Brentwood     77  86  96
Chev.-R.Pk.'8'21  19  20
Culver City   42  48  50
Malibu       185 200 213
Malibu Beach  38  49  57
Marina Del Rey26  36  25
Pac.Palisades101 108 122
Palms-M.Vista 89  88  82
Playa Del Rey 22  19  15
Playa Vista    5   4   6
Santa Monica  67  68  81
Sunset-Hwd.H.189 185 215
Topanga       49  44  63
Venice        72  72  74
W.H'wood Vic. 48  51  48
West L.A.     20  18  25
Westchester   72  54  79
W'wood-C.City 37  36  42
             ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ 
Total       1509    1694
                1524

Notes

See here for 2007 monthly totals. LA County inventory via OC Renter. Santa Monica Days on Market (DOM) is for <$3M, and omits Santa Monica Canyon (in City of Los Angeles but S.M. Post Office). Pacific Palisades DOM is for <$2M and count omits mobile homes. "New" is for previous month, or month-to-date for current partial month.