2024 was certainly a memorable year for the Los Angeles real estate market. Smith and Berg Property Group is proud to present our Q4 2024 market report, highlighting a year of epic deals and providing insights into what’s next.
For those tracking market trends throughout the year, you’ve seen the shifts firsthand. Now, our full-year report brings it all together — offering a deep dive into pricing trends, buyer demand, and standout transactions from across the city. Click the link below to view the full 2024 wrap-up edition for all the details now…
2024 BY THE NUMBERS
Total 2024 Sales Volume (Pending & Closed): $467,317,350
Q4 2024 Total Sales Volume: $84,477,400
Number of Homes Closed in 2024: 108
Average Sales Price: $4,407,205
Average List to Sold Price Ratio: 99%
Beyond the stats, our latest report delves into exclusive neighborhood insights and standout transactions from the past year. And while Q1 2025 has already presented its share of challenges in Los Angeles, our team continues to be a trusted resource, providing the expertise and strategic guidance clients need to navigate an ever-evolving market with confidence.
STRATEGIES TO MAXIMIZE REAL ESTATE VALUE
Our Q4 2024 report also includes a compelling discussion with Founding Partners F. Ron Smith and David Berg on the art of pricing in today’s competitive market. Their expert take on reading buyer behavior, crafting demand-driven strategies, and achieving record-breaking sales is a must-read for anyone thinking about buying or selling.
As we look further ahead, we’re ready to continue delivering top-tier results and expert guidance. The Q4 2024 market report is here — get your exclusive look at how the year wrapped up and what’s in store for the year ahead.
