LITTLE HOLMBY – MARKET ANALYSIS (2024 VS 2025 YTD)
The Little Holmby real estate market is showing a noticeable shift in 2025 compared to last year, with higher sales velocity, stronger price performance, and an evolving buyer pool.
Sales Volume & Pacing
2024: 23 homes sold (~1.9/month)
2025 YTD: 21 homes closed in just 8 months (~2.6/month)
Change: +37% increase in monthly sales pace, signaling robust demand.
Pricing & Value Per Square Foot
2024 Avg Sale Price: $5,510,111
2025 Avg Sale Price: $5,337,667
$/SF: $1,231.86 (2024) → $1,347.58 (2025), a +9.4% increase.
Notably, 2025’s median sale price climbed to $5,678,000 vs. $4,550,000 in 2024—showing stronger mid-market activity despite 2024’s skewed averages from two very large sales.
List Price vs. Sale Price
2024: Homes sold slightly under asking (97.1% LP/SP ratio).
2025: Buyers are paying at or above list (100.7% LP/SP ratio).
This signals heightened competition, with buyers increasingly bidding aggressively.
Days on Market
2024: 32 days on average.
2025: 30 days on average.
A modest improvement, reflecting a quicker market.
Market Drivers
Activity surged in spring 2025, partly fueled by buyers displaced from the Palisades fire, creating additional demand and competition.
Momentum remains strong, with Little Holmby standing out as a prime market for both stability and appreciation.
