$2,899,000
2,184 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kristofer Zacuto, Listing Office: Compass
Is Playa Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Playa Vista has remained a Seller's Market.
Key Takeaway
Playa Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Playa Vista, CA
How much do homes in Playa Vista, CA cost?
Median Sold Price
$1,325,000
$893/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,000(-3.6%)
Key Takeaway
Homes in Playa Vista have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Playa Vista was $1,325,000 in October 2024, down 3.6% from last year, and the median price per square foot was $893.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $835K | $726K | -13.1% |
| 2 Bedrooms | $1.1M | $1.1M | +3.2% |
| 3 Bedrooms | $1.7M | $1.4M | -20.3% |
| 4 Bedrooms | $2.0M | $2.7M | +31.1% |
| 5+ Bedrooms | $3.8M | $6.3M | +65.8% |
Summary: Playa Vista housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 65.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Westchester | $1.4M | $1.4M | +3.3% |
| Del Rey | $1.3M | $1.3M | 0.4% |
| Fox Hills | $660.5K | $650.5K | -1.5% |
| Playa Vista | $1.3M | $1.3M | -3.6% |
Housing Supply in Playa Vista, CA
How many homes are available in Playa Vista, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Playa Vista real estate market had 55 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Playa Vista housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 16 | +77.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Playa Vista, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Playa Vista in October 2024, up by 77.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +79.0% |
Summary: Homes in Playa Vista had an average of 39 days on market in Oct 2024, up by 79% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Playa Vista are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Playa Vista; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.