Q2 2019
Market Report
YOUR GUIDE TO MARKET PERFORMANCE & ANALYSIS
la county :: market snapshot SINGLE FAMILY HOMES
CONDOMINIUM HOMES
Data*
Q2 2019
Data*
Q2 2019
Median Price
$665,000 $665,000
Median Price
$505,000 $510,000
Avg. Price / Sq. Ft.
Q2 2018 % Change 0.00%
Q2 2018 % Change -0.98%
Avg. Price / Sq. Ft.
$472
$472
0.00%
-2.37%
Properties Sold
4,287
4,654
-7.89%
18.42%
Days on Market
45
35
28.57%
$498
$769
-35.25%
Properties Sold
13,005
13,321
Days on Market
45
38
MEDIAN PRICE
MEDIAN PRICE
$665,000 $505,000 vs Q2 2018
0%
$665,000
DAYS ON THE MARKET
45
38
Q2 2019
Q2 2018
DAYS
vs Q2 2018
-1%
$510,000
PROPERTIES SOLD 4,287
4,654
Q2 2019
Q2 2018
DAYS
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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EXPLORE YOUR NEIGHBORHOOD
los angeles area NEIGHBORHOOD FOCUS Q2 2019 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Baldwin Hills
1
$775,000
$279
Beverly Hills
38
$5,555,500
$1,496
Beverly Hills PO
37
$2,520,000
$865
Beverlywood
35
$1,500,000
$846
Beverly Center - Miracle
56
$1,713,500
$869
Brentwood
69
$3,100,000
$1,104
Cheviot Hills - Rancho Park
25
$2,377,886
$920
Culver City
75
$1,290,000
$874
Downtown LA
25
$440,000
$397
Hancock Park - Wilshire
64
$1,655,000
$772
Hollywood
27
$1,227,500
$719
Hollywood Hills East
37
$1,459,745
$759
Ladera Heights
10
$1,405,925
$543
2
$815,000
$603
49
$1,950,000
$905
Mid - Los Angeles
107
$895,000
$589
Silver Lake - Echo Park
94
$1,113,250
$780
Studio City
94
$1,794,997
$688
111
$1,800,000
$868
2
$1,037,500
$592
Westwood - Century City
50
$2,175,960
$985
West Hollywood
33
$1,807,000
$1,031
West LA
31
$1,325,000
$816
1,072
$1,806,080
$832
Leimert Park Los Feliz
Sunset Strip - HH West View Park
TOTAL/AVERAGE
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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los angeles area MEDIAN PRICE
Q2 2019 — Q2 2018 SINGLE FAMILY HOMES
,000,000.00
$6M
2018 2019
$4.5M ,500,000.00
,000,000.00 $3M
$1.5M ,500,000.00
West LA
West Hollywood
Westwood - Century City
View Park
Sunset Strip - HH West
Studio City
Silver Lake - Echo Park
Mid - Los Angeles
Los Feliz
Leimert Park
Ladera Heights
Hollywood Hills East
Hollywood
Hancock Park - Wilshire
Downtown LA
Culver City
Cheviot Hills - Rancho Park
Brentwood
Beverly Center - Miracle
Beverlywood
Beverly Hills PO
Beverly Hills
Baldwin Hills
0 $0.00
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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los angeles area NEIGHBORHOOD FOCUS Q2 2019 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Baldwin Hills
1
$349,786
$615
Beverly Hills
32
$1,445,000
$791
NA
NA
NA
8
$867,000
$573
Beverly Center - Miracle
37
$820,000
$637
Brentwood
46
$952,000
$698
Cheviot Hills - Rancho Park
NA
NA
NA
Culver City
55
$593,900
$585
Downtown LA
85
$639,000
$677
Hancock Park - Wilshire
47
$694,000
$519
Hollywood
35
$720,000
$564
Hollywood Hills East
17
$620,000
$555
2
$487,950
$404
NA
NA
NA
11
$665,000
$658
1
$875,000
$333
Silver Lake - Echo Park
25
$660,000
$630
Studio City
44
$692,000
$487
Sunset Strip - HH West
20
$680,000
$728
View Park
NA
NA
NA
Westwood - Century City
117
$948,000
$728
West Hollywood
86
$759,442
$757
West LA
38
$894,000
$659
707
$755,899
$610
Beverly Hills PO Beverlywood
Ladera Heights Leimert Park Los Feliz Mid - Los Angeles
TOTAL/AVERAGE
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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los angeles area MEDIAN PRICE Q2 2019 — Q2 2018
CONDOMINIUM HOMES 2018
2019
1,600,000.00 $1.6M
$1.2M 1,200,000.00
$800K $800,000.00
West LA
West Hollywood
Westwood - Century City
View Park
Sunset Strip - HH West
Studio City
Silver Lake - Echo Park
Mid - Los Angeles
Los Feliz
Leimert Park
Ladera Heights
Hollywood Hills East
Hollywood
Hancock Park - Wilshire
Downtown LA
Culver City
Cheviot Hills - Rancho Park
Brentwood
Beverly Center - Miracle
Beverlywood
Beverly Hills PO
Beverly Hills
0 $0.00
Baldwin Hills
$400K $400,000.00
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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neighborhood spotlight
HOLLYWOOD HILLS Mid-century modernism is where it’s at in the naturefilled Hollywood Hills, where you’ll find Frank Lloyd Wright’s Storer House, Richard Neutra’s Linn House, John Lautner’s Chemosphere, and a flurry of newer designs from contemporary architects such as XTEN, SPF Architects, and Marmol Radziner. Thanks to its
Early Film Set Designer ReCreated A Spanish Town Drawing its inspiration from the villages of Andalusia, Las Orquideas complex in Hollywood Hills was built at the end of the 1920s to evoke a Spanish hill town. To achieve the effect, original owner Wilfred Buckland, filmmaker Cecil...
perch high atop the city and central location to the major studios, the hillside neighborhood is home to countless celebrities and industry execs. The Hollywood Hills contains several neighborhoods: Beachwood Canyon, Cahuenga Pass, Franklin Village, Hollywood Heights, Hollywoodland, Outpost Estates, and Whitley Heights. To get a feel for the area, attend a screening at the American Film Institute’s AFI Fest, take in a concert at the Ford Amphitheater, and hike Runyon Canyon—a 13-acre park filled with
View more on our blog
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wild chaparral and drought-resistant evergreen trees— for jetliner views and insanely good people watching. The Market Report :: Q2 2019
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
BALDWIN HILLS Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$775,000 $279 1 0
$965,000 $492 3 31
-19.69% -43.30% -66.67% -100.00%
$349,786 $615 1 4
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$5,555,500 $1,496 38 68
$5,685,000 $1,463 25 75
-2.28% 2.21% 52.00% -9.33%
$1,445,000 $791 32 59
$1,262,500 $749 32 38
14.46% 5.64% 0.00% 55.26%
BEVERLY HILLS Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
BEVERLY HILLS PO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,520,000 $865 37 58
$2,802,500 $952 44 80
-10.08% -9.19% -15.91% -27.50%
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,500,000 $846 35 39
$1,527,000 $834 51 39
-1.77% 1.49% -31.37% 0.00%
$867,000 $573 8 32
$830,000 $601 15 64
4.46% -4.57% -46.67% -50.00%
SFR
BEVERLY CENTER :: MIRACLE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
BEVERLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
CONDO
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,713,500 $869 56 49
$1,727,500 $844 52 39
-0.81% 3.06% 7.69% 25.64%
$820,000 $637 37 55
$837,000 $627 27 37
-2.03% 1.58% 37.04% 48.65%
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
BRENTWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$3,100,000 $1,104 69 74
$3,075,000 $1,058 59 50
0.81% 4.42% 16.95% 48.00%
$952,000 $698 46 38
$966,425 $675 44 34
-1.49% 3.51% 4.55% 11.76%
CHEVIOT HILLS :: RANCHO PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,377,886 $920 25 52
$2,500,000 $885 22 38
-4.88% 4.01% 13.64% 36.84%
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,290,000 $874 75 40
$1,309,000 $893 64 31
-1.45% -2.13% 17.19% 29.03%
$593,900 $585 55 42
$618,000 $602 46 27
-3.90% -2.89% 19.57% 55.56%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$440,000 $397 25 59
$410,000 $391 24 30
7.32% 1.44% 4.17% 96.67%
$639,000 $677 85 75
$640,000 $666 121 46
-0.16% 1.63% -29.75% 63.04%
SFR
CONDO
SFR
HANCOCK PARK :: WILSHIRE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
DOWNTOWN LA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
CULVER CITY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
CONDO
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,655,000 $772 64 49
$1,709,500 $786 80 52
-3.19% -1.82% -20.00% -5.77%
$694,000 $519 47 50
$680,000 $560 53 40
2.06% -7.22% -11.32% 25.00%
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
HOLLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,227,500 $719 27 69
$996,500 $710 32 42
23.18% 1.26% -15.63% 64.29%
$720,000 $564 35 52
$738,000 $603 39 59
-2.44% -6.45% -10.26% -11.86%
HOLLYWOOD HILLS EAST Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,459,745 $759 37 46
$1,503,750 $734 48 52
-2.93% 3.47% -22.92% -11.54%
$620,000 $555 17 45
$585,000 $594 7 34
5.98% -6.47% 142.86% 32.35%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,405,925 $543 10 42
$1,279,000 $521 9 39
9.92% 4.04% 11.11% 7.69%
$487,950 $404 2 59
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$815,000 $603 2 31
$626,000 $625 1 11
30.19% -3.48% 100.00% 181.82%
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,950,000 $905 49 46
$1,902,500 $803 60 49
2.50% 12.71% -18.33% -6.12%
$665,000 $658 11 43
$610,000 $685 3 17
9.02% -3.93% 266.67% 152.94%
SFR
CONDO
SFR
LOS FELIZ Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
LEIMERT PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
LADERA HEIGHTS Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
CONDO
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
MID LOS ANGELES Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$895,000 $589 107 36
$819,000 $515 116 45
9.28% 14.47% -7.76% -20.00%
$875,000 $333 1 196
$500,000 $481 4 113
75.00% -30.82% -75.00% 73.45%
SILVER LAKE :: ECHO PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,113,250 $780 94 33
$1,048,500 $810 82 30
6.18% -3.71% 14.63% 10.00%
$660,000 $630 25 49
$869,644 $536 38 30
-24.11% 17.37% -34.21% 63.33%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,794,997 $688 94 55
$1,486,500 $657 88 43
20.75% 4.72% 6.82% 27.91%
$692,000 $487 44 47
$675,000 $488 47 34
2.52% -0.28% -6.38% 38.24%
SFR
CONDO
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,800,000 $868 111 72
$1,800,000 $895 128 65
0.00% -3.11% -13.28% 10.77%
$680,000 $728 20 55
$652,000 $602 32 43
4.29% 20.89% -37.50% 27.91%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,037,500 $592 2 26
$927,000 $423 6 27
11.92% 39.87% -66.67% -3.70%
NA NA NA NA
$390,000 $385 1 7
NA NA NA NA
VIEW PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
SUNSET STRIP :: HH WEST Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
STUDIO CITY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
WESTWOOD :: CENTURY CITYSFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,175,960 $985 50 37
$2,225,000 $934 49 37
-2.20% 5.46% 2.04% 0.00%
$948,000 $728 117 45
$989,000 $727 142 48
-4.15% 0.17% -17.61% -6.25%
WEST HOLLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,807,000 $1,031 33 45
$1,660,000 NA 35 38
8.86% NA -5.71% 18.42%
$759,442 $757 86 44
$842,500 $757 95 37
-9.86% 0.00% -9.47% 18.92%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,325,000 $816 31 51
$1,666,000 $799 28 44
-20.47% 2.08% 10.71% 15.91%
$894,000 $659 38 30
$880,597 $673 40 28
1.52% -2.00% -5.00% 7.14%
WEST LA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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westside la area
NEIGHBORHOOD FOCUS Q2 2019 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
9
$6,700,000
$3,278
Malibu
23
$2,300,000
$967
Marina Del Rey
25
$1,215,000
$958
Pacific Palisades
47
$2,810,000
$1,150
Palms - Mar Vista
83
$1,580,000
$906
Playa Vista
6
$2,387,500
$781
Santa Monica
51
$2,600,000
$1,403
40
$2,052,500
$1,224
284
$2,705,625
$1,333
Malibu Beach
Venice TOTAL/AVERAGE
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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westside la area
NUMBER OF SALES Q2 2019
SINGLE FAMILY HOMES
83 51 40 25
23
9
6 Playa Vista
Malibu Beach
Malibu
Marina Del Rey
Venice
Pacific Palisades
Santa Monica
Palms - Mar Vista
47
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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westside la area
NEIGHBORHOOD FOCUS Q2 2019 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
3
$750,000
$872
Malibu
14
$1,069,500
$772
Marina Del Rey
77
$990,000
$682
Pacific Palisades
17
$1,175,000
$665
Palms - Mar Vista
35
$730,000
$638
Playa Vista
39
$980,000
$732
Santa Monica
90
$1,152,500
$957
10
$1,425,000
$955
285
$1,034,000
$784
Malibu Beach
Venice TOTAL/AVERAGE
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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neighborhood spotlight
PALMS :: MAR VISTA Palms, the oldest neighborhood in the city of Los Angeles, and Mar Vista, a popular Westside
Industry Pros On LA’s Luxury Market Slowdown
community for families, have enjoyed an uptick in
George Penner, CEO of Deasy Penner
popularity in recent years thanks to their central
Podley, didn’t mince words in his
location. Both neighborhoods are known for their
description of Los Angeles’ high-end
ethnic diversity—stop in for a class at Red Diamond Yoga or grab an Americano at Venice Grind to see what we mean. The area is home to some of the
residential market. “The first three months of the year sucked,” he said. “It was terrible.” That slowdown and a wave of discounted re-listings dominated the discussion among Penner and other...
most highly educated residents in the city (UCLA is minutes away) and is in close proximity to the brand new Metro Expo Line. Palms-Mar Vista is filled with well-preserved Mid-Century Modern architecture, Craftsman, and Spanish Colonials, and architecturally significant homes from Neil Denarii, Patrick Tighe, and Gregory Ain. Top area private schools include the Windward and Wildwood schools. View more on our blog
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MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
MALIBU BEACH Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$6,700,000 $3,278 9 88
$7,975,000 $3,210 17 151
-15.99% 2.12% -47.06% -41.72%
$750,000 $872 3 41
$1,021,250 $1,198 8 96
-26.56% -27.22% -62.50% -57.29%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,300,000 $967 23 94
$3,382,500 $1,097 46 79
-32.00% -11.90% -50.00% 18.99%
$1,069,500 $772 14 89
$1,246,000 $847 8 89
-14.17% -8.95% 75.00% 0.00%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,215,000 $958 25 54
$1,488,000 $885 22 36
-18.35% 8.26% 13.64% 50.00%
$990,000 $682 77 48
$1,028,750 $735 76 31
-3.77% -7.19% 1.32% 54.84%
MALIBU Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
MARINA DEL REY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,810,000 $1,150 47 33
$3,350,000 $1,168 67 64
-16.12% -1.59% -29.85% -48.44%
$1,175,000 $665 17 62
$1,232,500 $699 22 30
-4.67% -4.82% -22.73% 106.67%
PALMS :: MAR VISTA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
PACIFIC PALISADES Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,580,000 $906 83 42
$1,585,000 $926 89 31
-0.32% -2.12% -6.74% 35.48%
$730,000 $638 35 39
$710,250 $638 20 21
2.78% 0.00% 75.00% 85.71%
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
PLAYA VISTA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,387,500 $781 6 134
$2,735,000 $758 7 38
-12.71% 3.06% -14.29% 252.63%
$980,000 $732 39 35
$1,075,000 $732 33 25
-8.84% 0.00% 18.18% 40.00%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,600,000 $1,403 51 48
$3,075,000 $1,276 67 42
-15.45% 10.02% -23.88% 14.29%
$1,152,500 $957 90 43
$1,135,000 $953 116 40
1.54% 0.41% -22.41% 7.50%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$2,052,500 $1,224 40 43
$2,360,250 $1,300 56 40
-13.04% -5.85% -28.57% 7.50%
$1,425,000 $955 10 50
$1,710,000 $958 7 67
-16.67% -0.32% 42.86% -25.37%
SANTA MONICA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
VENICE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
CONDO
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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pasadena + san gabriel valley area
NEIGHBORHOOD FOCUS Q2 2019 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES MED. SALE PRICE
PRICE / SQ. FT.
Alhambra
60
$714,500
$509
Arcadia
98
$1,312,650
$523
Altadena
99
$845,000
$555
Bradbury
4
$1,637,500
$498
81
$907,000
$613
Glendora
119
$665,000
$401
Highland Park
94
$847,500
$683
La Crescenta / Glendale
101
$928,000
$570
La Cañada Flintridge
72
$1,905,000
$680
Monrovia
78
$755,000
$492
Mount Washington
37
$972,000
$663
Pasadena NE
100
$947,500
$556
Pasadena NW
45
$1,230,000
$641
Pasadena SE
49
$1,200,000
$630
Pasadena SW
36
$1,540,000
$704
Rosemead / South San Gabriel
40
$630,000
$459
San Gabriel
62
$862,500
$522
San Marino
34
$2,567,500
$873
Sierra Madre
22
$1,067,500
$604
South Pasadena
31
$1,678,000
$761
Sunland / Tujunga
108
$622,500
$457
TOTAL/AVERAGE
1,370
$1,134,983
$590
Eagle Rock
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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pasadena + san gabriel valley area
NEIGHBORHOOD FOCUS Q2 2019
CONDOMINIUM HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
Alhambra
26
$582,500
$440
Arcadia
47
$639,000
$423
Altadena
2
$489,500
$414
Bradbury
NA
NA
NA
Eagle Rock
NA
NA
NA
18
$482,250
$322
3
$540,000
$408
30
$680,000
$457
3
$685,000
$464
17
$499,000
$406
NA
NA
NA
Pasadena NE
15
$540,000
$463
Pasadena NW
13
$770,000
$524
Pasadena SE
75
$590,000
$510
Pasadena SW
31
$867,500
$586
5
$465,000
$353
San Gabriel
14
$561,000
$418
San Marino
NA
NA
NA
Sierra Madre
5
$690,000
$478
South Pasadena
11
$700,000
$559
Sunland / Tujunga
10
$463,000
$356
TOTAL/AVERAGE
325
$602,574
$446
NEIGHBORHOOD
Glendora Highland Park La Crescenta / Glendale La Cañada Flintridge Monrovia Mount Washington
Rosemead / S San Gabriel
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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pasadena + san gabriel valley area
AVERAGE DAYS ON MARKET
Q2 2019 CONDOMINIUM HOMES
63
63
60
51
49
46
45
29
27
24
22
44 37
33
29
Sunland / Tujunga
South Pasadena
Sierra Madre
San Marino
San Gabriel
Rosemead / South San Gabriel
Pasadena SW
Pasadena SE
Pasadena NW
Pasadena NE
Mount Washington
Monrovia
La Cañada Flintridge
La Crescenta / Glendale
Highland Park
Glendora
Eagle Rock
Bradbury
Altadena
17
Arcadia
Alhambra
44
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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neighborhood spotlight
LA CAÑADA FLINTRIDGE The 17th most affluent city in the U.S., La Cañada Flintridge is filled with architecturally important
1920s Cottage In Atwater Village Seeks $892K
homes by Paul Revere Williams, Lloyd Wright, David
Located just a few blocks from the
A. Lopez, and Eugene Weston III. Named for the
Los Angeles River, this charming little
Spanish word, cañada (pronounced “canyada”)
Atwater Village cottage has been around
meaning ravine, and its developer, U.S. State Senator Frank P. Flint, the area totals 8.6 square miles
since 1923 and packs plenty of charm into its 1,252 square feet of living space. Featuring hardwood floors throughout,...
(listen up nature lovers), over 99 percent of which is protected land. Check out the local sights while horseback riding with the non-profit Flintridge Riding Club, relax in the 160-acre Descanso Gardens, and take in the picnic-friendly Music in the Park Summer Concert Series. After working up an appetite, scarf down an award-winning Proper Burger at Flintridge Proper. Bonus points: La Cañada Flintridge Unified School District is one of the top districts in the state.
The Market Report :: Q2 2019
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MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
ALHAMBRA
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$714,500 $509 60 39
$736,500 $522 52 32
-2.99% -2.46% 15.38% 21.88%
$582,500 $440 26 22
$587,500 $449 38 37
-0.85% -2.00% -31.58% -40.54%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,312,650 $523 98 65
$1,330,000 $584 120 52
-1.30% -10.57% -18.33% 25.00%
$639,000 $423 47 51
$741,944 $447 44 29
-13.87% -5.47% 6.82% 75.86%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$845,000 $555 99 44
$818,000 $543 119 38
3.30% 2.19% -16.81% 15.79%
$489,500 $414 2 29
$400,000 $605 1 13
22.38% -31.57% 100.00% 123.08%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,637,500 $498 4 90
$935,000 $491 3 170
75.13% 1.37% 33.33% -47.06%
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$907,000 $613 81 30
$890,000 $625 47 39
1.91% -1.95% 72.34% -23.08%
NA NA NA NA
NA NA NA NA
NA NA NA NA
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
ARCADIA
SFR
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
ALTADENA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
EAGLE ROCK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
BRADBURY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
CONDO
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
GLENDORA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$665,000 $401 119 45
$660,000 $406 128 35
0.76% -1.17% -7.03% 28.57%
$482,250 $322 18 33
$499,000 $325 20 26
-3.36% -0.81% -10.00% 26.92%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$847,500 $683 94 35
$810,000 $682 65 39
4.63% 0.13% 44.62% -10.26%
$540,000 $408 3 17
$476,000 $464 12 33
13.45% -12.06% -75.00% -48.48%
HIGHLAND PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
LA CRESCENTA :: GLENDALE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$928,000 $570 101 42
$924,325 $588 108 34
0.40% -3.06% -6.48% 23.53%
$680,000 $457 30 63
$620,000 $434 23 45
9.68% 5.08% 30.43% 40.00%
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,905,000 $680 72 54
$1,937,500 $703 78 48
-1.68% -3.23% -7.69% 12.50%
$685,000 $464 3 63
$937,500 $514 2 31
-26.93% -9.84% 50.00% 103.23%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$755,000 $492 78 34
$750,000 $527 49 33
0.67% -6.60% 59.18% 3.03%
$499,000 $406 17 24
$486,500 $407 12 29
2.57% -0.23% 41.67% -17.24%
MONROVIA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
LA CAÑADA FLINTRIDGE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
MOUNT WASHINGTON Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$972,000 $663 37 43
$951,500 $691 42 29
2.15% -4.03% -11.90% 48.28%
NA NA NA NA
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$947,500 $556 100 45
$925,000 $576 109 42
2.43% -3.48% -8.26% 7.14%
$540,000 $463 15 27
$528,000 $456 17 25
2.27% 1.52% -11.76% 8.00%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,230,000 $641 45 40
$993,127 $609 54 45
23.85% 5.19% -16.67% -11.11%
$770,000 $524 13 49
$616,500 $495 14 38
24.90% 5.92% -7.14% 28.95%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,200,000 $630 49 49
$1,210,000 $631 52 45
-0.83% -0.14% -5.77% 8.89%
$590,000 $510 75 44
$650,000 $559 119 43
-9.23% -8.86% -36.97% 2.33%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,540,000 $704 36 40
$1,690,000 $670 31 38
-8.88% 5.12% 16.13% 5.26%
$867,500 $586 31 46
$735,500 $555 27 48
17.95% 5.63% 14.81% -4.17%
SFR
PASADENA NW Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
PASADENA SW Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
PASADENA SE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
PASADENA NE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
CONDO
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
ROSEMEAD :: S. SAN GABRIEL SFR Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$630,000 $459 40 39
$576,900 $487 48 35
9.20% -5.60% -16.67% 11.43%
$465,000 $353 5 29
$471,500 $379 12 33
-1.38% -6.72% -58.33% -12.12%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$862,500 $522 62 45
$755,000 $544 63 31
14.24% -3.98% -1.59% 45.16%
$561,000 $418 14 37
$586,500 $432 18 27
-4.35% -3.09% -22.22% 37.04%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
$2,567,500 $873 34 51
$2,057,500 $896 24 45
24.79% -2.50% 41.67% 13.33%
NA NA NA NA
NA NA NA NA
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,067,500 $604 22 63
$1,097,500 $613 36 31
-2.73% -1.43% -38.89% 103.23%
$690,000 $478 5 60
$680,000 $516 3 48
1.47% -7.26% 66.67% 25.00%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,678,000 $761 31 36
$1,342,500 $772 34 35
24.99% -1.42% -8.82% 2.86%
$700,000 $559 11 44
$884,000 $542 13 31
-20.81% 3.01% -15.38% 41.94%
SAN GABRIEL Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SAN MARINO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
S. PASADENA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
SIERRA MADRE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
% CHANGE NA NA NA NA
CONDO
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
SUNLAND :: TUJUNGA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$622,500 $457 108 36
$627,500 $456 108 41
-0.80% 0.16% 0.00% -12.20%
$463,000 $356 10 45
$479,000 $372 20 37
-3.34% -4.40% -50.00% 21.62%
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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coachella valley area
NEIGHBORHOOD FOCUS Q2 2019
SINGLE FAMILY HOMES
NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
Cathedral City North
133
$336,000
$198
Cathedral City South
51
$388,000
$223
Indian Wells
69
$1,200,000
$372
La Quinta No of HWY 111
49
$430,000
$197
La Quinta S.Of H
323
$649,000
$279
Palm Desert East
101
$405,000
$221
Palm Desert North
76
$423,750
$214
Palm Desert South
76
$647,000
$318
Palm Springs Central
75
$785,000
$402
Palm Springs North End
99
$485,000
$302
Palm Springs South End
113
$780,000
$370
Rancho Mirage
175
$695,000
$262
1,340
$601,979
$280
TOTAL/AVERAGE
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
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coachella valley area
MEDIAN PRICE
Q2 2019 — Q2 2018 SINGLE FAMILY HOMES 2019
2018
$1.2M $1,200,000.00
$900K $900,000.00
$600K $600,000.00
Rancho Mirage
Palm Springs South End
Palm Springs North End
Untitled 8
Palm Springs Central
Untitled 7
Palm Desert South
Untitled 6
Palm Desert North
Untitled 5
Palm Desert East
Untitled 4
La Quinta S.Of H
Untitled 3
La Quinta No of HWY 111
Untitled 2
Indian Wells
Untitled 1
Cathedral City South
Cathedral City North
$300K $300,000.00
Untitled 9 Untitled 10 Untitled 11 Untitled 12
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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coachella valley area
NEIGHBORHOOD FOCUS Q2 2019
CONDOMINIUM HOMES
NEIGHBORHOOD
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
Cathedral City North
32
$177,500
$154
Cathedral City South
34
$222,000
$157
Indian Wells
15
$430,000
$218
La Quinta No of HWY 111
12
$220,500
$228
La Quinta S.Of H
63
$425,000
$211
Palm Desert East
176
$290,000
$200
Palm Desert North
87
$335,000
$209
Palm Desert South
71
$331,000
$264
100
$240,500
$236
Palm Springs North End
53
$175,000
$228
Palm Springs South End
194
$281,500
$223
99
$335,000
$194
936
$288,583
$210
Palm Springs Central
Rancho Mirage TOTAL/AVERAGE
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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neighborhood spotlight
PALM SPRINGS Home to one of the largest concentrations of midcentury modern architecture in the U.S., Palm Springs
What You Get :: $1.7 Million Homes in CA, TN and PA
is a haven for design buffs, heat seekers, and the
Ian Mackinlay, a Scottish-born architect,
LGBT community. From stylish boutique hotels and
adapted the design of this house from
high-end vintage shopping to the annual Modernism
one his client admired in Hawaii. He built
Week, the desert city is practically a living museum of twentieth century architecture. You’ll find homes by Richard Neutra, William F. Cody, Albert Frey, A.
it on a knoll in the foothills of the San Gabriel range, on a private road that goes directly into the mountains. Hiking trails can be found down the street, and the house offers views of downtown Los...
Quincy Jones, Donald Wexler, and Paul R. Williams, among others that celebrate a more glamorous era. Score colorful frocks at Trina Turk (the L.A. designer lives here part-time), channel the Rat Pack at Melvyn’s, and view some hidden gems with Palm Springs Modern Architecture Tours. If you’re not afraid of heights, take the Aerial Tramway 8,500feet up the sheer cliffs of Chino Canyon for stunning views (its Valley Station was designed by Frey).
The Market Report :: Q2 2019
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MARKET PERFORMANCE BY NEIGHBORHOOD :: COACHELLA VALLEY AREA
CATHEDRAL CITY NORTH Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$336,000 $198 133 63
$315,000 $182 135 70
6.67% 8.76% -1.48% -10.00%
$177,500 $154 32 60
$159,000 $137 23 137
11.64% 12.55% 39.13% -56.20%
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$388,000 $223 51 71
$370,000 $223 47 73
4.86% 0.00% 8.51% -2.74%
$222,000 $157 34 83
$196,500 $142 40 82
12.98% 10.61% -15.00% 1.22%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$1,200,000 $372 69 110
$1,050,000 $330 80 143
14.29% 12.65% -13.75% -23.08%
$430,000 $218 15 141
$387,000 $233 35 125
11.11% -6.38% -57.14% 12.80%
SFR
CONDO
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$430,000 $197 49 86
$389,000 $187 57 57
10.54% 5.39% -14.04% 50.88%
$220,500 $228 12 64
$217,500 $221 11 55
1.38% 3.22% 9.09% 16.36%
LA QUINTA S. OF HWY 111 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
LA QUINTA N. OF HWY 111 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
INDIAN WELLS Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
CATHEDRAL CITY SOUTH Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$649,000 $279 323 103
$597,500 $259 340 105
8.62% 7.76% -5.00% -1.90%
$425,000 $211 63 105
$386,000 $201 79 97
10.10% 5.23% -20.25% 8.25%
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
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MARKET PERFORMANCE BY NEIGHBORHOOD :: COACHELLA VALLEY AREA
PALM DESERT EAST Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$405,000 $221 101 87
$429,950 $223 74 91
-5.80% -0.83% 36.49% -4.40%
$290,000 $200 176 89
$285,000 $182 164 103
1.75% 10.04% 7.32% -13.59%
PALM DESERT NORTH Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$423,750 $214 76 79
$424,000 $204 69 81
-0.06% 4.95% 10.14% -2.47%
$335,000 $209 87 66
$315,000 $196 121 69
6.35% 6.79% -28.10% -4.35%
SFR
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$647,000 $318 76 107
$679,500 $345 85 103
-4.78% -7.64% -10.59% 3.88%
$331,000 $264 71 77
$270,000 $198 79 86
22.59% 33.64% -10.13% -10.47%
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$785,000 $402 75 90
$837,500 $431 84 66
-6.27% -6.71% -10.71% 36.36%
$240,500 $236 100 68
$277,000 $233 107 71
-13.18% 0.99% -6.54% -4.23%
PALM SPRINGS NORTH END Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
PALM SPRINGS CENTRAL Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
PALM DESERT SOUTH Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2019
SFR
CONDO
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$485,000 $302 99 63
$457,500 $280 108 71
6.01% 7.60% -8.33% -11.27%
$175,000 $228 53 63
$125,000 $191 59 60
40.00% 19.52% -10.17% 5.00%
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
homeasart.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: COACHELLA VALLEY AREA
PALM SPRINGS SOUTH END Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$780,000 $370 113 68
$739,000 $357 115 81
5.55% 3.73% -1.74% -16.05%
$281,500 $223 194 57
$257,000 $200 197 68
9.53% 11.47% -1.52% -16.18%
Q2 2019
Q2 2018
% CHANGE
Q2 2019
Q2 2018
% CHANGE
$695,000 $262 175 96
$662,500 $257 195 104
4.91% 1.87% -10.26% -7.69%
$335,000 $194 99 99
$312,500 $180 106 93
7.20% 7.76% -6.60% 6.45%
RANCHO MIRAGE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
Q2 2019
SFR
CONDO
“Source: The MLS/CARETS | Note: Some neighborhoods or areas may generate small sample sizes which may skew data in any one reporting period. This may be due to low turnover or off-market, non-MLS sales.
The Market Report :: Q2 2019
homeasart.com
WHAT’S NEW ON HOMEASART.COM
DPP at The Real Deal’s Residential Forum The Real Deal hosted its annual Los Angeles Residential Showcase and Forum, bringing together influential real estate players from several leading agencies. Deasy Penner Podley’s George Penner was there to discuss the ever-changing state of the residential market. Penner...
We share our passion for design on our blog
HomeAsArt.com
Photography by Larry Marotta
Photography by Justin Juarez
The Market Report :: Q2 2019
homeasart.com
1960S Post And Beam In Altadena Asking $1.1M
DPP Partner Michael Locke Documents LA’s Architecture
Well well well, looks like the
DPP’s very own Michael Locke
housing gods have seen fit to
has a passion for not only
favor us with a time capsule
selling architecturally significant
listing, and a very fine one at
homes, but also photographing
that. Located at the foot of
them. Michael has been
the San Gabriel Mountains in
shooting with his digital Nikon
northern Altadena, the well-
camera for about 15 years now;
preserved post-and-beam
documenting homes from all
was designed by USC-trained
over the greater Los Angeles
architects Fred Dinger and...
area. He is driven by the desire...
The Market Report :: Q2 2019
homeasart.com
CONTACT US
we know design
deasypennerpodley is available to assist you with all your residential real estate needs. Should you be thinking about selling a property - or should you be in the market for a home or condominium, please contact us. Santa Monica | Venice | Hancock Park | Silver Lake | La CaĂąada Flintridge | Pasadena Altadena | Sierra Madre | Monrovia | Glendora | Palm Springs 310.275.1000 626.683.0777 info@dppre.com