Posts tagged Median Home Prices
Brentwood

As of 2025, the Brentwood neighborhood in Los Angeles has exhibited notable trends in its real estate market. The median listing home price reached $3.8 million, reflecting a 12.3% increase compared to the previous year. The median listing price per square foot was approximately $1,300, while the median sold home price stood at $3 million. 

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Century City

Century City, located on Los Angeles' Westside, continues to be a sought-after neighborhood for both residents and investors. As of February 2025, the median listing price for homes in Century City was approximately $2.5 million, marking a significant 25.1% increase compared to the previous year. This upward trend underscores the area's strong real estate market.

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Downtown Los Angeles

Downtown Los Angeles (DTLA) has experienced a slight softening in its real estate market. As of February 2025, the median sale price for homes in DTLA was approximately $585,000, reflecting a 3.7% decrease compared to the previous year. Homes in this area typically remained on the market for an average of 148 days, a significant increase from 79 days in the prior year. Despite these trends, the number of homes sold in February rose slightly to 48, up from 46 in the same period last year.

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Pacific Palisades

Pacific Palisades remains a highly desirable neighborhood in Los Angeles, with a strong luxury real estate market. As of early 2025, the median listing price for homes has risen to $6.4 million, reflecting an 18.2% increase from the previous year. The median sale price sits at $4.2 million, a significant 39.2% year-over-year jump. With an average price per square foot of around $1,400, homes in this exclusive community continue to attract buyers despite a slight slowdown in sales.

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Santa Monica

Santa Monica’s real estate market has shown interesting trends in early 2025. The median sale price for homes is currently $1.6 million, reflecting a 7.7% decline compared to the previous year. However, the median price per square foot has increased by 16.5% year-over-year, now reaching $1,240. Homes in the area are spending an average of 87 days on the market before selling, up from 54 days last year. In January 2025 alone, 41 homes were sold, marking a 20.6% increase from the same time last year.

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South Bay

The South Bay real estate market remains one of the most dynamic and desirable in the Los Angeles area, offering a mix of beachfront luxury, suburban comfort, and urban convenience. From the upscale coastal enclaves of Manhattan Beach and Hermosa Beach to the family-friendly neighborhoods of Torrance and Redondo Beach, the region attracts a diverse range of buyers and investors.

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Venice

Venice, located along Los Angeles' picturesque coastline, is renowned for its eclectic boardwalk, vibrant arts scene, and diverse community. As of February 2025, the Venice real estate market exhibited notable activity. The average home value stood at approximately $1,868,258, reflecting a 5.6% year-over-year decrease.

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West Hollywood

West Hollywood stood at approximately $1,026,121, reflecting a 1.6% decrease over the past year. The market has seen fluctuations, with the median listing price in Eastside West Hollywood at $1,495,000, down 11.2% from the previous year. Despite these variations, the luxury segment remains robust, with sales up 5% year-over-year, and single-family homes reaching $6 million.

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Downtown Seattle Condo Prices Rise in May on Severe Supply & Demand Imbalance

Summer temperatures are heating up and so is demand for downtown Seattle condominiums. So why was there an 8.9-percent decrease in total absorption in downtown Seattle (NWMLS# 701) in May?

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