Market Statistics
Q4 2025 Market Update
Hancock Park Continues to Capture Hearts As we close 2025, it feels fitting to say that Hancock Park remains easy to fall in love with. From the buzz around the new Max & Helen’s deli on Larchmont, to the spectacular winter light, green ...
December 2025 Market Update
📈 January Market Update 📈 The pace of calls & showings picked up markedly in December driven mortgage rates (6.15% from a 6.7% average for much of 2025 on the 30-year fixed) and pent-up demand. The first rate cut in September w...
Q3 2025 Market Update
Change is the only constant in life. Q3 saw 48 home sales, with 19 over $3 million—and 10 of those over $5 million. At the high end, standout properties are setting record-breaking prices, with three homes over $3 million selling above $1,40...
September 2025 Market Update
As kids headed back to school, the real estate market found its rhythm again. Energy and activity returned in September: phones are ringing, buyer showings are up, open house traffic is improving, and sales volume climbed. Momentum is clearly b...
Q2 2025 Market Update
As we move through 2025, the national housing market continues to normalize. More homes are coming on the market, prices are stabilizing, and properties are taking slightly longer to sell. Five years out from the onset of the pandemic, we see a...
March Market Update
Hancock Park sales in March were strong across the board with 3 over $6MM and 2 sales in Fremont Place (rare since there are only 73 homes in the gated community). *The highest sale was off market at 5225 2nd St for $7.98MM which last sold i...
January Market Update
January showed enormous resiliency in the face of wildfires & sweeping changes post-inauguration. Most buyers were already in the market awaiting the right home. Several Pacific Palisades and Alta Dena buyers have been viewing and offering ...
December Market Update
December sure seems like a distant memory in light of recent wildfires in LA so here we go - better late than never! Demand continued across all price points, especially for move in ready, turn-key properties. Many buyers are trading within ...
November Market Update
In November real estate sales marched on in spite of the national Election & the Thanksgiving holiday, albeit at a slower pace. Measure ULA has clearly been metabolized as reality in LA based on the uptick in sales locally and citywide sinc...
Year End Review
As 2024 comes to a close, we’re breaking tradition with a fresh look at the local Hancock Park market, aiming to cut through the noise that often surrounds it. Hancock Park real estate prices have shown resilience amid rising interest rates,...
October Market Update
October Market update In October 15 homes sold in the neighborhood, 5 of which were sold over asking. 8 of the 15 were over $2MM. 16 homes are in escrow (two over $5MM), more than the last few months AND plays counter to the broader national...
September Market Update
Interest rates were all the talk in September. The Fed cut rates and most economists expect 3 more. Consider => between April 2024 (7.53%) and now (6.15%) the savings for a $1MM loan is $912/month. Headwinds last 2 years are abating as...
August Market Update
Remember Ross, from the hit show "Friends"? Actor David Schwimmer's former house at 345 S Hudson was the highest sale of the month and year to date. In 2001 Schwimmer paid $5.5M for the 1926 Mediterranean Rindge estate designed by Koerner & Gag...
July Market Update
The higher end of the market picked up in July. 8 homes sales versus 10 last July. Average prices were $3.68MM or $1.2MM higher driven by 2 sales. Muhammad Ali’s former house at 55 Fremont Pl sold for $8.5MM after starting at $16.999M...
April Market Update
Spring Sprung in April as sales volume & prices bounced ⬆️ especially in the $2-3MM prices range! Hancock Park recorded 24 sales, twice as many as the prior month & year. Average prices were also ⬆️ due to the mix of price point...
NAR Settlement: Our Take
By now you have likely been showered with stories about the National Association Realtors (NAR) class action suit regarding real estate commissions. The media has whipped up a storm of confusion. Change is ahead indeed and many details are stil...