11/28 - Inventory is pretty flat for the month in Santa Monica and Pacific Palisades - despite a number of withdrawn listings - in contrast to its drop-off in past Novembers. Mar Vista has declined for the month and compared with 2007. Total Westside is up for the month, especially from high-priced areas like Beverly Hills, Malibu, and Hollywood Hills. Graphs will come soon.
11/21 - Inventory in all three areas (SM, PP, MV) is pretty flat from last week. Beneath the placid surface were more price reductions, a number of withdrawn listings, and a few failed escrows back on the market. I'll post some details next week.
Remember 2502 Marguerita, asking $5,495K? It closed really fast on 11/20 for an even $5,000K.
11/14 - Santa Monica and Pacific Palisades are up a little, while Mar Vista is down slightly.
The reduced-50% house at 16463 Akron in PP (3/2, $1,595K) was withdrawn after over 480 days on market. Our sandwiched-between-big-buildings 3766 Sawtelle in Mar Vista (3/2 $550K) was withdrawn, and the similar 3935 Inglewood (2/1, $555K) expired. Lots more in Santa Monica will be in separate posts.
11/7 - Pretty flat inventory for the week, with Mar Vista down slightly, including more expired and withdrawn listings.
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
3/28/08 53,566 57 17 81 171 32 14 122 92 82 22 105
5/ 2/08 54,098 59 14 83 159 35 7 136 93 90 33 96
5/30/08 53,216 56 23 79 147 34 9 142 106 91 29 89
6/27/08 53,058 74 28 98 131 30 6 129 107 96 26 95
8/ 2/08 51,906 66 14 89 125 34 8 120 136 99 35 101
8/29/08 50,124 62 9 79 122 29 5 108 156 91 25 104
10/ 3/08 48,113 58 14 82 145 41 15 128 132 84 24 109
10/31/08 47,017 64 22 90 131 55 18 159 126 83 21 103
11/ 7/08 64 6 89 130 54 2 159 120 80 2 117
11/14/08 66 9 93 130 56 4 158 113 78 5 121
11/21/08 66 11 93 137 56 5 156 120 78 8 131
11/28/08 45,216 64 12 91 141 54 7 151 124 73 9 130
12/ 5/08
All Westside 2/1 3/28 5/30 8/1 10/3 11/28
2/29 5/2 6/27 8/29 10/31
Bel Air-H.Hls.85 82 95 100 108 110 115 113 115 113 107
Bev.Ctr.-M.M. 71 67 75 79 80 78 80 72 62 67 66
Beverly Hills 65 64 66 78 84 79 90 90 94 98 113
B.H. P.O. 78 80 92 95 101 113 118 121 125 123 117
B'wood Vic. 50 56 53 57 67 58 53 59 55 55 57
Brentwood 77 86 96 104 108 116 115 109 124 140 142
Chev.-R.Pk.'8'21 19 20 24 25 31 34 33 38 40 41
Culver City 42 48 50 57 59 58 49 58 61 63 62
Malibu 185 200 213 242 261 266 265 258 240 244 260
Malibu Beach 38 49 57 60 50 49 59 61 59 52 59
Marina Del Rey26 36 25 25 26 27 32 33 33 35 42
Pac.Palisades101 108 122 136 142 129 120 108 128 159 151
Palms-M.Vista 89 88 82 90 92 96 99 91 84 83 73
Playa Del Rey 22 19 15 15 23 24 28 29 26 25 26
Playa Vista 5 4 6 5 5 9 9 7 7 8 8
Santa Monica 67 68 81 84 79 98 89 79 82 90 91
Sunset-Hwd.H.189 185 215 240 241 273 278 256 292 291 306
Topanga 49 44 63 69 66 62 60 61 62 69 88
Venice 72 72 74 83 85 77 89 79 83 96 100
W.H'wood Vic. 48 51 48 43 46 46 55 62 64 61 55
West L.A. 20 18 25 25 25 26 33 27 29 25 23
Westchester 72 54 79 86 91 88 82 76 78 77 70
W'wood-C.City 37 36 42 49 53 61 67 60 65 71 71
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
2008 Total 1509 1694 1917 2019 2006 2128
1524 1846 1974 1942 2085
2007 Total 1282 1274 1457 1522 1671 1600
1308 1377 1483 1551 1731 1329
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.
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