Westside’s Hottest Zip Codes

Westside's hottest zip codes

According to a story in the Los Angeles Times, the Los Angeles zip code of 90012 is the second fastest growing zip code in the nation with a growth rate of 8.8%.  What we’ve learned in the real estate business is that high growth in one area often translates to higher growth in neighboring communities, and this has certainly been true for housing in Westside.

Hot Westside Areas

That’s why several Westside communities have made the “Hottest Zip Code” list for the start of 2017. Hot areas include those that have more buyers than sellers, short median days on market for listed homes, purchase prices that match or beat listing prices, and year-over-year median sales price growth. These conditions are perfect for those wanting to sell their home or for those looking for a great investment property.

Currently hot zip codes in Westside include:

  • Santa Monica (90402)
  • Marina Del Rey (90292)
  • Studio City (91602)

Up and Coming Westside Areas

In addition to the already “hot” markets, two Westside neighborhoods made the “up and coming” list. Communities that are “up and coming” show strong sales growth, an increase of trendy businesses moving into the area, and new construction. The areas included on this list include:

  • Culver City (90232): Median home price of $607,300. In addition to an eclectic restaurant and art scene, Culver City has a high walkability rating and is close to the airport.
  • Mar Vista (90066): Median home price of $747,900. This is a great location for families due to the excellent education choices from public to private to parochial and the low crime rate.

For more information about these or other markets in Westside, feel free to contact me. Whether you are buying, selling, or just thinking about the future, I’d love to provide information to help you achieve your goals.

© 2019 The Raskin Group. 2115 Main Street Santa Monica CA 90405 (310) 867-0173

 

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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