The California real estate market is one of the most expensive in the U.S. that’s adjusting to higher mortgage rates and rising inflation. However, the Golden State housing market remains healthy in its various regions, including the tech-savvy Bay Area and multi-faceted Southern California.
California Housing Market Trends
Home prices vary across California, but markets may follow the same trends. Several metro areas are in the early stages of transitioning from a seller’s market to a neutral setting—though homes remain expensive for most buyers.
Median Sales Price Trends
The majority of median sales prices across California decreased between 2022 and 2023. These are the recent median sold price readings from the California Association of Realtors (CAR) for existing single-family home real estate transactions.
Source: forbes.com
Fundraiser Event
Our 1st Annual Big Gay Bake Sale was a massive success - we completely sold out!! Our deepest appreciation to the supporters who helped with this amazing cause. With so much support we were able to connect with the local community and raise over $2,300 for the Los Angeles LGBT Center.
We look forward to continued support and will be sure to stay in touch regarding future events. With that said, mark your calendars for the 2nd Annual Big Gay Bake Sale, taking place Saturday, June 15, 2024!
Santa Monica Market Update | June 2023
Single Family Homes
Average Sold Price
$5.13M
Up 18%
from June 2022
Closed Sales
19
Up 18%
from May 2023
Avg Days on Market
20
Down -52%
from May 2023
Condos/Townhomes
Average Sold Price
$1.52M
Up 6.5%
from June 2022
Closed Sales
42
Up 23%
from May 2023
Avg Days on Market
43
Down -2%
from May 2023
Source: themls.com
Food Obsession of the Month
Cookie Dough Bars
These cookie dough bars are made with 5 ingredients and in less than 10 minutes! No baking required, these bars are flourless, egg-free, and grain free.
Source: thebigmansworld.com
- 1/2 cup coconut oil
- 1/2 cup maple syrup can substitute for traditional maple syrup or agave nectar
- 3 cups almond flour
- 1/2 teaspoon salt
- 1-2 cups chocolate chips can use any chocolate chips of choice
Local Happenings
7/15 - 7/16