The overall median sales price for single family homes in The MLS™/CLAW Areas (Pacific Coast Highway to Downtown Los Angeles) remained more or less the same in Q2-2019 versus Q2-2018, with less than a 1% decrease in price. Sales volume, on the other hand, decreased by 10%, while the total number of listings sold decreased by 2.5%. Our market climate map shows that we had 22 areas of growth, 28 areas of decline and 1 area of no change. Here are the top 5 performing areas from Q2-2019:

Top 5 Median Sales Price Growth

Downtown Los Angeles (MSP +$85K, 24% Increase)
Montecito Heights (MSP +$140K, 22% Increase)
Atwater Village (MSP +$148k, 15% Increase)
Bel Air – Holmby Hills (MSP +$295K, 13% Increase)
Mount Washington (MSP +$124K, 12% Increase)
East Los Angeles (MSP +$58K, 11% Increase)

Top 5 Highest Median Sales Price
Malibu Beach $6,700,000
Beverly Hills $5,626,000
Brentwood $3,175,000
Santa Monica $3,050,000
Pacific Palisades $2,867,500