Market Report

Playa Del Rey, CA 90293

Single-Family Homes

Chartwell Escrow | 310.740.1708



Playa Del Rey, CA 90293

Tue Oct 20 2020
This week the median list price for Playa Del Rey, CA 90293 is $2,699,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Playa Del Rey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Playa Del Rey, CA 90293

Tue Oct 20 2020
This week the median list price for Playa Del Rey, CA 90293 is $2,699,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Playa Del Rey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Playa Del Rey market.
Median List Price $2,699,000
Per Square Foot $884
Days on Market 119
Price Decreased 43%
Price Increased 4%
Relisted 22%
Inventory 23
Median Rent $6,250
Most Expensive $7,950,000
Least Expensive $549,000
Market Action 32
Slight Seller's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,650,000 6,100 4,500 - 6,500 sqft 4 6 43 2 0 226
$3,197,000 3,100 4,500 - 6,500 sqft 4 4 60 1 0 78
$2,174,500 2,775 0 - 4,500 sqft 4 3 48 0 0 88
$1,749,000 2,452 4,500 - 6,500 sqft 3 2 51 1 1 100