Is Mar Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mar Vista has remained a Seller's Market.
Housing Prices in Mar Vista, CA
How much do homes in Mar Vista, CA cost?
Median Sold Price
$2,000,000
$1,061/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mar Vista was $2,000,000 in April 2024, up 5.1% from last year, and the median price per square foot was $1,061.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $664K | N/A |
2 Bedrooms | $1.1M | $1.1M | -0.3% |
3 Bedrooms | $1.7M | $1.9M | +10.8% |
4 Bedrooms | $2.7M | $2.4M | -9.2% |
5+ Bedrooms | $3.6M | $2.9M | -19.6% |
Summary: Mar Vista housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes decreased by 19.6%.
Housing Supply in Mar Vista, CA
How many homes are available in Mar Vista, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
78 | 84 | +7.7% |
Summary: The Mar Vista real estate market had 84 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 32 | 29 | -9.4% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 19 | 26 | +36.8% |
Summary: The Mar Vista housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 36.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 19 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Mar Vista in April 2024, the same as the previous month. Of the 19 sold homes, 32% were sold under asking, 11% were sold at asking, and 58% were sold over asking.
Days on Market for Mar Vista, CA
How long does it take to sell a home in Mar Vista, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 24 Days | +24.9% |
Summary: Homes in Mar Vista had an average of 24 days on market in Apr 2024, up by 24.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Mar Vista; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.