The numbers are in, the trends are clear, and we've got the inside scoop on what's happening across LA's real estate landscape. Smith & Berg Property Group is pleased to share our Q1 2025 Market Report, filled with insights you won't want to miss — including an up-to-the-moment market update and expert analysis on land sales in Pacific Palisades. Click below for the full report now and dive in.
Q1 Numbers to Impress
Our team has maintained robust momentum through the first quarter with $205,057,466 in total sales volume (pending and closed). We've closed 26 homes in 2025 with an average sales price of $6,334,193 and an impressive average list-to-sold price ratio of 103.67%.
Pacific Palisades: A Market in Transition
The post-fire landscape has created a unique real estate environment with strong interest from buyers recognizing the long-term potential of a renewed Pacific Palisades. The numbers tell the story: 14 properties sold in Q1 at an average price of $2,921,714, spanning from $575,000 to $5,900,000.
Throughout these dynamic market shifts, Smith & Berg Property Group has remained at the forefront of community insights — even catching the attention of The New York Times, which featured our expertise on the evolving Palisades landscape. Read more about this coverage in our featured story: The Future of Land Sales in Pacific Palisades.
SBP in the Headlines
Our team continued making headlines across top publications this quarter — from the LA Times' coverage of competitive Pacific Palisades market dynamics to Robb Report's feature on our $40M listing with a private funicular.
Team Highlights & Local Favorites
We all enjoyed having March Madness mania on our big screens, often featuring the exceptional tacos and burritos from new SBP Team fave, Tu Madre.
Get the Complete Report
For our full analysis, neighborhood trends, and exclusive SBP insights, download our comprehensive Q1 2025 report.
