Submarket Snapshot

Single-family home prices are inching upward in Santa Monica. They rose 4.9 percent in the second quarter, compared to the same period last year,...

Good schools and proximity to coastal beaches have drawn residential interest to Mar Vista — but development in the area may slow with new...

Hollywood’s office market is in a transitional phase. It hasn’t quite filled up its new office product, hence its 24.7 percent vacancy rate in...

Bunker Hill’s 7.8 million-square-foot office market continued to struggle in the second quarter, with the highest vacancy rate of the Downtown Los Angeles submarkets. The...

South Park’s 3.8 million-square-foot office submarket saw 13.6 percent vacancy in the second quarter, according to a report by Transwestern. It fared much better...

The 2.4 million-square-foot Greater Downtown office submarket, which includes the Arts District, will soon see an influx of new inventory. At the close of...

Downtown’s 18.1 million-square-foot Financial Core submarket had a rough second quarter. The area saw negative absorption of 238,205 square feet, and 18.4 percent of...

Beverly Hills’ prestigious Post Office district saw slowed luxury sales volume in the first quarter. There were 23 homes sold for more than $1 million,...

Woodland Hills and Warner Center, a 7.3 million-square-foot office submarket, saw 14 percent vacancy in the first quarter, according to a report by Transwestern. Its vacancy...

Only one home sold for more than $3 million in Marina del Rey between March and May, according to a report by Sotheby’s International...