There’s a common question we keep hearing from condo owners — especially those who are on the fence about selling:
“Should I wait for interest rates to drop and values to climb again?”
It’s a fair question. But here’s what the data — and real buyer behavior — are telling us:
We’re already at top-of-market values
Appreciation has slowed
And the risk of softening is rising — not crashing, but cooling
If you’re holding out for a big wave of higher offers later this year or next, the truth is: there’s no strong evidence that wave is coming.
Condo values in Los Angeles' Westside and South Bay are still strong. Buyer demand remains steady — especially for listings that are priced correctly and presented professionally.
But the double-digit gains? Those are gone.
We’re now in a flat-to-slightly-appreciating market — think 0% to 3% annual gains, at best. And in some buildings, we’re already seeing signs of softening.
That’s not bad news. It’s a sign of a balanced market. But it does mean this:
Sellers need to shift expectations — not delay action.
Across the Westside and South Bay condo markets, here’s what we’re seeing on the ground:
In many Westside and South Bay condo markets, price per square foot (PPSF) is holding strong — a sign that we’re still at or near the top.
Here’s what we’re seeing over the past 90 days:
WEST SIDE L.A.
Ocean Park (Santa Monica) — $1,114/ft²
Ocean Avenue (Santa Monica) — $1,369/ft²
Wilshire Montana (Santa Monica) — $1,022/ft²
Wilshire Olympic (Santa Monica) — $910/ft²
Sunset Park (Santa Monica) — $884/ft²
North of Montana (Santa Monica) — $1,041/ft²
26th to Bundy (Santa Monica) — $783/ft²
Pico District (Santa Monica) — $861/ft²
West L.A.— $696/ft²
Brentwood— $846/ft²
Venice— $990/ft²
Marina Del Rey (East of Lincoln)— $779/ft²
Marina Del Rey (Loft District)— $879/ft²
Marina Del Rey (West of Lincoln)— $912/ft²
Marina Del Rey (Peninsula)— $1,107/ft²]
Playa Vista— $845/ft²]
Playa Del Rey— $667/ft²
Playa Del Rey (Cross Creek)— $588/ft²
Playa Del Rey (Manchester)— $687/ft²
Playa Del Rey (West of Pershing)— $851/ft²
Calabasas Park— $738/ft²
Las Virgenes Creek— $476/ft²
West Hollywood (North)— $976/ft²
Woodland Hills— $513/ft²
SOUTH BAY
North Redondo | North of Artesia— $513/ft²
North Redondo | South of Artesia— $685/ft²
Hermosa Beach | East— $820/ft²
Hermosa Beach | Sand— $1,261/ft²
Hermosa Beach | Valley— $1,014/ft²
Manhattan Beach | East — $905/ft²
Manhattan Beach | Highland — $1,843/ft²
South Redondo Beach | 190th to Torrance Blvd. — $754/ft²
South Redondo Beach | Catalina — $1,013/ft²
South Redondo Beach | Harbor — $909/ft²
South Redondo Beach | PCH to Prospect — $733/ft²
Torrance | Northeast of Hawthorne Blvd. — $528/ft²
Torrance | Southeast of Hawthorne Blvd. — $584/ft²
Torrance Central | Old Torrance — $635/ft²
Torrance | Riviera — $826/ft²
This is what top of market looks like — not speculation, but measurable data.
So if you’ve been waiting for “a better time,” the numbers may already be telling you:
You’re in it.
If you’ve got a low interest rate, strong cash flow, and no urgency to move — hold. It’s a great long-term play.
But if you’re thinking about upgrading, cashing out, or reallocating assets, don’t let hesitation cost you.
This is still a strong window to sell.
Just don’t wing it.
At The Condo Experts, we don’t just list your property.
We run a repeatable, proven system — one that’s built specifically for condo sales:
When you follow the system, you get:
The strongest offer the market has to give
A clean, smooth closing
A qualified buyer
And full control of your next move
That’s not theory. That’s the outcome over 700+ condo sales have already proven.
Whether you're in Redondo Beach, Santa Monica, Venice, Brentwood, Playa Vista, Culver City, Marina del Rey, West LA, Hermosa, or Manhattan Beach —
condos and townhomes are our entire focus.
We understand every HOA, every lending wrinkle, and every variable most agents avoid.
If you’re planning to sell now — or even just considering it in the next few months — don’t wait for hype.
Sell while values are strong. Sell with a system. Let the market show you what it’s truly willing to pay.
We’ll run the play — from prep to close.
→ [Book a seller strategy call]
→ [See how our Pre-Packaged Sale™ works]
→ [Check your building’s live value]
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25+ years, 700+ condo sales, and a proven system that makes buying or selling smarter, faster, and stress-free.
You’ve got questions and we can’t wait to answer them.