$10,000 Closing Credit*
$1,999,000
1,779 SqFt
4 Beds
•2 Full Baths, 1 Partial
Adisa Aditheparot, Listing Office: Christie's International Real Estate SoCal
Is Playa Vista, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$1,335,000
$900/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,000(-1.8%)
Key Takeaway
Homes in Playa Vista have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Playa Vista was $1,335,000 in November 2024, down 1.8% from last year, and the median price per square foot was $900.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $835K | $712.9K | -14.6% |
| 2 Bedrooms | $1.1M | $1.1M | +3.9% |
| 3 Bedrooms | $1.6M | $1.4M | -14.3% |
| 4 Bedrooms | $2.0M | $2.7M | +34.4% |
| 5+ Bedrooms | $3.8M | $6.3M | +65.8% |
Summary: Playa Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes increased by 65.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Westchester | $1.4M | $1.4M | 0.2% |
| Del Rey | $1.3M | $1.2M | -0.3% |
| Playa Vista | $1.3M | $1.3M | -1.8% |
| Fox Hills | $668K | $645K | -3.4% |
Housing Supply in Playa Vista, CA
How many homes are available in Playa Vista, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 43 | -18.9% |
Summary: The Playa Vista real estate market had 43 homes for sale in November 2024, a 18.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 18 | 12 | -33.3% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Playa Vista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 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. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Playa Vista in November 2024, down by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 19 Days | 54 Days | +175.5% |
Summary: Homes in Playa Vista had an average of 54 days on market in Nov 2024, up by 175.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Playa Vista has remained consistent over time.
Summary: During November 2024, 12 homes were sold in Playa Vista; 25% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 17% 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.