As summer heats up here in SoCal, Smith & Berg Partners is thrilled to present our eagerly awaited Q2 2024 market report. This year has been nothing short of epic thus far, with our team diligently guiding clients through the process of finding their perfect homes — whether it’s a first-time buy, a dream-home upgrade, or an ideal investment property. Our expert advice and masterful negotiation skills have been put to the test, and the results speak for themselves.
In this mid-year update, we take a deep dive into L.A.’s real estate market, offering a comprehensive overview of the past quarter. Curious about home prices, market trends, and neighborhood highlights? Look no further. For the full breakdown and exclusive insights, download our latest report:
SBP proudly achieved a total sales volume of $161,721,277 for Q2 2024. We closed 45 homes, showcasing a stellar list-to-sale price ratio of 99.85%. Plus, the average sales price reached an impressive $4,981,098, and properties spent an average of just 19 days on the market. Simply put, the data reveals a robust market.
Our Q2 report also shines the spotlight on the most sought-after LA neighborhoods and standout SBP listings. From a record-breaking sale on Euclid Street (which warranted its own spread in the report) to an unbelievable modern marvel on Chautauqua Boulevard, these properties have captured the attention of buyers and industry insiders alike.
Beyond the numbers, we’re celebrating some incredible milestones, including our ranking as the #1 Team on LA’s Westside and #10 Team in the Nation for two years in a row, as recognized by the Wall Street Journal. This is a true testament to our mantra: One Team. One Purpose: Our Clients. And now the suspense is over — our Q2 2024 report is here. Stay ahead of the curve and get the insider scoop on how L.A.’s real estate market is shaping up this year.
