Let’s check in on the Palms and Mar Vista real estate market and see how it did in 2011.
The MLS/CLAW covers both areas together, so the report below will combine them.
Absorption rate is the number of months it will take the current inventory to sell, based on the average number of homes sold each month. Sixmonths is a balanced market, above six months favors buyers and below six months favors sellers.
Primarily a single family market, the Palms and Mar Vista is heavily a seller’s market. Sales are up and the median price is only down slightly over the previous year.
The Palms and Mar Vista condo market is also a sellers’ market with sales up significantly over the previous year.
There are always buyers for Palms and Mar Vista homes, so sellers who are on the fence, this is a great time to put your home on the market.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated Jan-15-2026 2:47:30 am.
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