SBP’s State of the Market: January 2026

Smith & Berg Property Group presents the latest trends, numbers, and neighborhood highlights shaping the LA market in 2026.

Hot Takes & Hotter Sauces: 2026 Real Estate Predictions 



What happens when LA's top real estate pros take on the legendary Hot Ones challenge, while breaking down what’s really ahead for the 2026 market? The result: video GOLD.

In a spectacular return to the sauce(s), F. Ron Smith and David Berg face ten of the firey-ist, while tackling a major question shaping Los Angeles real estate in 2026. From inventory and pricing to development trends and buyer behavior, they answer some of your hottest questions about the current market. David and Ron are used to negotiating high-stakes deals, but this time, can they handle the heat?

Watch the full video now and see what's revealed about the year ahead.

SBP's Year in Results 2025


Hot & Happening Neighborhood Headlines

Brentwood: 80 Sales Close Out a Strong Finish to the Year
With 80 closed transactions and an average price per square foot of $1,744, Brentwood ended the year on a strong note, reinforcing steady demand in the neighborhood.


Santa Monica: Q4 Sets the Year's Price Benchmark
Santa Monica’s highest-priced sale of the year occurred in Q4, when a new construction estate closed at $22,950,000.

Pacific Palisades: Homesite Market Remains Strong With Rapid Sales
With more than 300 sales since January 2025—most closing in 30 days or less—the Palisades homesite market continues to show strength and sustained buyer momentum.

Malibu: Q4 Delivers Highest Sales Volume of 2025
Malibu recorded 80 sales in Q4, marking the highest number of transactions in any quarter of 2025.

Beverly Hills: Price Per Square Foot Rises Nearly 15% in Q4
Beverly Hills experienced nearly a 15% quarter-over-quarter increase in average price per square foot, reaching $1,736 in Q4.



Venice: Year's Top Sale Led by Smith & Berg Property Group
Smith & Berg Property Group represented Venice’s highest-priced sale of 2025 with the $8,250,000 closing of 1037 Victoria.

Mar Vista: Prices Climb Nearly 20% Quarter Over Quarter
Mar Vista saw nearly a 20% increase in average sale price in Q4 compared to the previous quarter, signaling strong late-year growth headed into the new year.

Westwood: Record-Breaking Sales Caps Off 2025
Westwood closed out the year with its highest sale exceeding $20M and a 10% increase in average selling price to $3,859,571.



Cheviot Hills: Top Sales and Average Price Reach $4.7M
Smith & Berg Property Group represented two of the top three highest sales in Cheviot Hills in 2025, each above $8M. The neighborhood has experienced exponential growth with the average selling price in Q4 reaching $4.7M.

Sherman Oaks: Consistent Sales Activity Throughout 2025
Sherman Oaks saw steady movement all year, with every quarter of 2025 recording more than 100 sales.

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