Is Playa Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Playa Vista was a Seller's Market.
Housing Prices in Playa Vista, CA
How much do homes in Playa Vista, CA cost?
Median Sold Price
$1,350,000
$912/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Playa Vista was $1,350,000 in March 2024, down 6.1% from last year, and the median price per square foot was $912.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $754K | $835K | +10.7% |
2 Bedrooms | $1.0M | $1.1M | +5.9% |
3 Bedrooms | $1.6M | $1.6M | -2.3% |
4 Bedrooms | $2.2M | $2.2M | +1.8% |
5+ Bedrooms | $3.5M | $3.8M | +10.0% |
Summary: Playa Vista housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Neighborhoods
Fox Hills | $665K | $670K | +0.8% |
Del Rey | $1.3M | $1.3M | 0.0% |
Westchester | $1.4M | $1.4M | -1.6% |
Playa Vista | $1.4M | $1.3M | -6.1% |
Housing Supply in Playa Vista, CA
How many homes are available in Playa Vista, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 34 | 0.0% |
Summary: The Playa Vista real estate market had 34 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Playa Vista housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Playa Vista in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Playa Vista, CA
How long does it take to sell a home in Playa Vista, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 20 Days | -58.3% |
Summary: Homes in Playa Vista had an average of 20 days on market in Mar 2024, down by 58.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Playa Vista; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.