Playa Vista, CA 90094 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary indicator of market value is the median sold price of $1,566,000, which represents the most recent completed transaction level and should be the baseline for valuation and underwriting assumptions.
2. There is a notable divergence between the median listing price of $1,199,000 and the median sold price of $1,566,000, which may indicate pricing friction between seller expectations and final transaction prices; neutral market conditions suggest negotiations are resolving that gap rather than one-sided market pressure.
3. Extended time to transact is evidenced by the median days on market of 361, which implies slower sales velocity and more time required to reach contract; combined with a described relatively constrained active supply in the analyzed sample, this appears to reflect a measured market where buyers and sellers require more alignment on terms.
4. Interest rate pressure is elevated and rent year-over-year trend is down, while the market temperature is neutral; investors and owner-occupiers should factor higher financing costs into holding-period planning and stress-test scenarios given these headwinds.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.