20 16
Q2 MARKET REPORT
YOUR GUIDE TO MARKET PERFORMANCE & ANALYSIS
la county :: market snapshot SINGLE FAMILY HOMES
CONDOMINIUM HOMES
Data*
Q2 2016
Q2 2015
% Change
Data*
Q2 2016
Q2 2015
% Change
Median Price
$585,000
$540,000
8.33%
Median Price
$439,000
$420,000
4.52%
$426
$404
5.63%
Avg. Price / Sq. Ft.
$412
$389
5.80%
Properties Sold
13,759
13,969
-1.50%
Properties Sold
4,923
5,001
-1.56%
Days on Market
55
56
-1.79%
Days on Market
53
58
-8.62%
Avg. Price / Sq. Ft.
MEDIAN PRICE
MEDIAN PRICE
$585,000
$439,000
vs Q2 2015
+8%
$540,000
DAYS ON THE MARKET
vs Q2 2015
+5%
$420,000
PROPERTIES SOLD 5,001
55
56
4,923
Q2 2016
Q2 2015
Q2 2016
DAYS
DAYS
Q2 2015
“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 2016
deasypenner.com
EXPLORE YOUR NEIGHBORHOOD
los angeles area NEIGHBORHOOD FOCUS Q2 2016 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Baldwin Hills
NA
NA
NA
Beverly Hills
34
$5,275,000
$1,312
Beverly Hills PO
38
$2,390,000
$793
Beverlywood
63
$1,200,000
$693
Beverly Center - Miracle
51
$1,600,000
$787
Brentwood
73
$2,950,000
$1,024
Cheviot Hills - Rancho Park
21
$2,200,000
$776
Culver City
75
$1,200,000
$747
Downtown LA
30
$339,500
$275
Hancock Park - Wilshire
74
$1,545,000
$657
Hollywood
22
$840,000
$603
Hollywood Hills East
45
$1,352,165
$682
Ladera Heights
13
$800,000
$359
Leimert Park
NA
NA
NA
Los Feliz
57
$1,450,000
$711
118
$597,500
$395
Silver Lake - Echo Park
83
$939,000
$656
Studio City
93
$1,334,545
$608
101
$1,826,000
$847
3
$865,000
$404
Westwood - Century City
54
$2,193,292
$881
West Hollywood
30
$1,612,000
$971
West LA
36
$1,082,000
$681
1,114
$1,599,572
$708
Mid - Los Angeles
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.
The Market Report :: Q2 2016
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los angeles area
MEDIAN PRICE CHANGE
Q2 2016 — Q2 2015 SINGLE FAMILY HOMES Baldwin Hills
NA
Hollywood Hills East
Beverly Hills
1%
Ladera Heights
4% -11%
Beverly Hills PO
-14%
Leimert Park
NA
Beverlywood
22%
Los Feliz
10%
Beverly Center - Miracle
8%
Mid - Los Angeles
12%
Brentwood
5%
Silver Lake - Echo Park
17%
Cheviot Hills - Rancho Park
29%
Studio City
11%
Culver City
20%
Sunset Strip - HH West
6%
Downtown LA
19%
View Park
67%
Hancock Park - Wilshire
21%
Westwood - Century City
30%
Hollywood
5%
West Hollywood
2%
West LA
14%
“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 2016
deasypenner.com
los angeles area NEIGHBORHOOD FOCUS Q2 2016 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
MED. SALE PRICE
AVG. $ / SQ. FT.
Baldwin Hills
NA
NA
NA
Beverly Hills
30
$1,187,500
$661
Beverly Hills PO
NA
NA
NA
Beverlywood
19
$735,000
$549
Beverly Center - Miracle
28
$740,000
$599
Brentwood
65
$847,500
$618
Cheviot Hills - Rancho Park
NA
NA
NA
Culver City
68
$465,000
$469
106
$602,500
$626
Hancock Park - Wilshire
64
$550,000
$505
Hollywood
32
$664,000
$535
Hollywood Hills East
14
$609,000
$480
3
$475,000
$348
Leimert Park
NA
NA
NA
Los Feliz
12
$528,500
$562
3
$370,000
$400
Silver Lake - Echo Park
16
$639,950
$504
Studio City
50
$574,500
$426
Sunset Strip - HH West
43
$540,000
$608
View Park
NA
NA
NA
Westwood - Century City
152
$849,500
$627
West Hollywood
106
$685,087
$657
48
$781,000
$548
859
$658,002
$540
Downtown LA
Ladera Heights
Mid - Los Angeles
West LA 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 2016
deasypenner.com
The Market Report :: Q2 2016 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
los angeles area
MEDIAN PRICE
Q2 2016 CONDOMINIUM HOMES
$1M
$750K
$500K
$250K
$200K
“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.
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
BALDWIN HILLS
SFR
Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
NA NA NA NA
Q2 2015 $640,000 $324 1 70
BEVERLY HILLS Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$5,275,000 $1,312 34 71
Q2 2015 $5,250,000 $1,270 60 70
Q2 2015
% CHANGE
NA NA NA NA
NA NA NA NA
$358,000 $311 1 37
NA NA NA NA
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
0.48% 3.34% -43.33% 1.43%
$1,187,500 $661 30 81
$1,065,000 $640 37 75
11.50% 3.29% -18.92% 8.00%
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$2,390,000 $793 38 97
$2,795,000 $835 43 98
-14.49% -5.03% -11.63% -1.02%
NA NA NA NA
NA NA NA NA
NA NA NA NA
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,200,000 $693 63 38
$979,500 $637 56 42
22.51% 8.90% 12.50% -9.52%
$735,000 $549 19 46
$590,000 $516 12 50
24.58% 6.41% 58.33% -8.00%
BEVERLY CENTER :: MIRACLE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2016
SFR
BEVERLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
BEVERLY HILLS PO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,600,000 $787 51 45
$1,475,000 $661 59 41
8.47% 19.09% -13.56% 9.76%
$740,000 $599 28 55
$635,000 $508 23 50
16.54% 18.04% 21.74% 10.00%
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
BRENTWOOD
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,950,000 $1,024 73 57
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
5.48% 9.03% 1.39% 7.55%
$847,500 $618 65 57
$795,000 $559 71 60
6.60% 10.55% -8.45% -5.00%
$2,796,725 $940 72 53
CHEVIOT HILLS :: RANCHO PARK Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,200,000 $776 21 45
Q2 2015 $1,703,000 $753 25 45
CULVER CITY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
29.18% 3.07% -16.00% 0.00%
NA NA NA NA
NA NA NA NA
NA NA NA NA
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,200,000 $747 75 30
$1,000,000 $666 57 34
20.00% 12.08% 31.58% -11.76%
$465,000 $469 68 29
$447,500 $432 84 38
3.91% 8.53% -19.05% -23.68%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$339,500 $275 30 66
$285,000 $273 23 38
19.12% 0.68% 30.43% 73.68%
$602,500 $626 106 67
$600,000 $578 137 63
0.42% 8.33% -22.63% 6.35%
HANCOCK PARK :: WILSHIRE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SFR
DOWNTOWN LA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,545,000 $657 74 52
$1,276,500 $622 88 56
21.03% 5.68% -15.91% -7.14%
$550,000 $505 64 64
$545,000 $443 55 52
0.92% 13.99% 16.36% 23.08%
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
HOLLYWOOD
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$840,000 $603 22 63
Q2 2015 $800,000 $574 27 31
HOLLYWOOD HILLS EAST Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,352,165 $682 45 61
Q2 2015 $1,294,500 $611 40 61
LADERA HEIGHTS Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2016
Q2 2015
% CHANGE
5.00% 5.11% -18.52% 103.23%
$664,000 $535 32 68
$595,000 $531 29 66
11.60% 0.86% 10.34% 3.03%
SFR
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
4.45% 11.69% 12.50% 0.00%
$609,000 $480 14 62
$516,650 $398 15 68
17.87% 20.45% -6.67% -8.82%
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$800,000 $359 13 90
$900,000 $382 13 40
-11.11% -5.90% 0.00% 125.00%
$475,000 $348 3 27
NA NA NA NA
NA NA NA NA
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
NA NA NA NA
$496,100 $342 2 14
NA NA NA NA
NA NA NA NA
NA NA NA NA
NA NA NA NA
LOS FELIZ Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
LEIMERT PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,450,000 $711 57 55
$1,313,000 $659 61 43
10.43% 7.79% -6.56% 27.91%
$528,500 $562 12 52
$480,000 $509 7 42
10.10% 10.56% 71.43% 23.81%
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
MID LOS ANGELES Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$597,500 $395 118 72
SFR Q2 2015 $532,500 $375 100 56
SILVER LAKE :: ECHO PARK Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$939,000 $656 83 49
Q2 2015 $800,000 $607 80 46
STUDIO CITY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2016
Q2 2015
% CHANGE
12.21% 5.55% 18.00% 28.57%
$370,000 $400 3 50
$319,000 $307 5 72
15.99% 1 30.22% -40.00% -30.56%
SFR
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
17.38% 7.97% 3.75% 6.52%
$639,950 $504 16 49
$649,900 $476 19 50
-1.53% 6.04% -15.79% -2.00%
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,334,545 $608 93 51
$1,200,000 $574 102 54
11.21% 5.93% -8.82% -5.56%
$574,500 $426 50 56
$565,000 $413 53 55
1.68% 2.99% -5.66% 1.82%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,826,000 $847 101 66
$1,720,000 $802 131 70
6.16% 5.64% -22.90% -5.71%
$540,000 $608 43 50
$488,888 $491 27 68
10.45% 23.97% 59.26% -26.47%
VIEW PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
SUNSET STRIP :: HH WEST Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$865,000 $404 3 28
$517,500 $323 2 117
67.15% 24.96% 50.00% -76.07%
NA NA NA NA
NA NA NA NA
NA NA NA NA
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
WESTWOOD :: CENTURY CITY Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,193,292 $881 54 43
Q2 2015 $1,685,000 $785 40 33
WEST HOLLYWOOD Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,612,000 $971 30 42
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
30.17% 12.28% 35.00% 30.30%
$849,500 $627 152 68
$770,000 $586 179 71
10.32% 1 7.04% -15.08% -4.23%
SFR Q2 2015 $1,580,000 $861 35 39
WEST LA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
2.03% 12.74% -14.29% 7.69%
$685,087 $657 106 53
$623,500 $602 126 55
9.88% 9.18% -15.87% -3.64%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,082,000 $681 36 49
$950,000 $681 31 51
13.89% 0.00% 16.13% -3.92%
$781,000 $548 48 37
$695,000 $503 63 43
12.37% 8.95% -23.81% -13.95%
“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 2016
deasypenner.com
westside la area
NEIGHBORHOOD FOCUS Q2 2016 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
Malibu Beach
13
$8,500,000
$4,048
Malibu
48
$2,787,500
$924
Marina Del Rey
23
$1,100,000
$837
Pacific Palisades
72
$2,500,480
$999
102
$1,293,875
$797
4
$1,739,000
$671
Santa Monica
69
$2,185,000
$1,156
Venice
56
$1,785,000
$1,242
383
$2,878,836
$1,429
Palms - Mar Vista Playa Vista
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 2016
deasypenner.com
westside la area
PROPERTIES SOLD Q2 2016
SINGLE FAMILY HOMES
102 72 56 Venice
Santa Monica
Pacific Palisades
Palms Mar Vista
69 48
13
4 Playa Vista
Malibu Beach
Marina del Rey
Malibu
23
“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 2016
deasypenner.com
westside la area
NEIGHBORHOOD FOCUS Q2 2016 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
6
$1,252,500
$1,468
Malibu
15
$1,100,000
$710
Marina Del Rey
92
$865,000
$607
Pacific Palisades
28
$913,000
$571
Palms - Mar Vista
30
$633,500
$505
Playa Vista
30
$909,000
$648
105
$1,085,000
$915
10
$1,324,500
$916
316
$1,010,313
$792
Malibu Beach
Santa Monica 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.
The Market Report :: Q2 2016
deasypenner.com
westside la area
PROPERTIES SOLD CHANGE Q2 2016 — Q2 2015
CONDOMINIUM HOMES 2016
2015
150
125
100
75
50
25
0
Malibu Beach
Malibu
Marina Del Rey
Pacific Palisades
Palms Mar Vista
Playa Vista
Santa Monica
Venice
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
MALIBU BEACH Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$8,500,000 $4,048 13 169
SFR Q2 2015 $5,000,000 $1,997 13 154
MALIBU $2,787,500 $924 48 100
Q2 2015 $2,325,000 $864 51 153
MARINA DEL REY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2015
% CHANGE
70.00% 102.66% 0.00% 9.74%
$795,000 $976 9 122
57.55% 50.43% -33.33% 30.33%
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
19.89% 6.95% -5.88% -34.64%
$1,100,000 $710 15 71
$749,500 $572 20 94
46.76% 24.07% -25.00% -24.47%
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,100,000 $837 23 57
$1,312,500 $797 10 48
-16.19% 5.04% -16.19% 18.75%
$865,000 $607 92 56
$830,000 $624 85 80
4.22% -2.82% 8.24% -30.00%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$2,500,480 $999 72 62
$2,569,000 $1,035 99 53
-2.67% -3.50% -27.27% 16.98%
$913,000 $571 28 52
$1,070,000 $582 12 45
-14.67% -1.90% 133.33% 15.56%
PALMS :: MAR VISTA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2016 $1,252,500 $1,468 6 159
SFR
PACIFIC PALISADES Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,293,875 $797 102 46
$1,145,000 $760 106 39
13.00% 4.81% -3.77% 17.95%
$633,500 $505 30 31
$471,250 $456 36 65
34.43% 10.75% -16.67% -52.31%
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
PLAYA VISTA
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,739,000 $671 4 57
Q2 2015 $1,966,250 $509 4 59
SANTA MONICA Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,185,000 $1,156 69 39
% CHANGE
Q2 2016
Q2 2015
% CHANGE
-11.56%
$909,000 $648 30 37
$765,000 $539 37 41
18.82% 20.15% -18.92% -9.76%
31.89% 0.00% -3.39%
SFR Q2 2015 $2,275,000 $1,189 75 38
VENICE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
-3.96% -2.79% -8.00% 2.63%
$1,085,000 $915 105 51
$1,057,500 $850 148 55
2.60% 7.61% -29.05% -7.27%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,785,000 $1,242 56 67
$1,865,000 $1,071 60 51
-4.29% 16.02% -6.67% 31.37%
$1,324,500 $916 10 60
$1,312,500 $777 10 137
0.91% 17.92% 0.00% -56.20%
“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 2016
deasypenner.com
pasadena + san gabriel valley area
NEIGHBORHOOD FOCUS Q2 2016 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
74
$566,000
$441
Arcadia
126
$1,129,000
$556
Altadena
114
$722,500
$467
Bradbury
4
$1,085,000
$455
79
$755,000
$511
135
$583,000
$353
Highland Park
74
$647,500
$545
La Crescenta / Glendale
91
$775,000
$514
La Cañada Flintridge
72
$1,640,000
$643
Monrovia
85
$635,000
$436
Mount Washington
27
$725,000
$541
Pasadena NE
109
$772,500
$479
Pasadena NW
40
$1,015,000
$540
Pasadena SE
67
$1,100,000
$582
Pasadena SW
28
$1,197,000
$615
Rosemead / South San Gabriel
38
$535,000
$418
San Gabriel
68
$670,000
$458
San Marino
46
$2,522,000
$913
Sierra Madre
34
$903,000
$543
South Pasadena
35
$1,400,000
$643
Sunland / Tujunga
111
$540,000
$385
TOTAL/AVERAGE
1,457
$948,452
$526
Alhambra
Eagle Rock Glendora
“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 2016
deasypenner.com
pasadena + san gabriel valley area
AVERAGE DAYS ON MARKET
Q2 2016 SINGLE FAMILY HOMES Avg DOM
119
70
64
South Pasadena
Sierra Madre
San Marino
San Gabriel
49 49
53
Sunland / Tujunga
60
Rosemead / South San Gabriel
56 53
Pasadena SW
Mount Washington
Pasadena NE
52
47
Monrovia
Glendora
Eagle Rock
Bradbury
Altadena
Arcadia
La Crescenta / Glendale
40
41
Alhambra
51
La Cañada Flintridge
51
49
53
56
Pasadena SE
66
Pasadena NW
62
Highland Park
60
“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 2016
deasypenner.com
pasadena + san gabriel valley area
NEIGHBORHOOD FOCUS Q2 2016 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
MED. SALE PRICE
PRICE / SQ. FT.
Alhambra
40
$452,000
$374
Arcadia
50
$644,000
$410
Altadena
NA
NA
NA
Bradbury
NA
NA
NA
2
$468,000
$335
Glendora
34
$410,000
$285
Highland Park
13
$425,000
$407
La Crescenta / Glendale
22
$427,500
$377
4
$1,000,000
$488
Monrovia
20
$450,750
$336
Mount Washington
NA
NA
NA
Pasadena NE
23
$519,000
$408
Pasadena NW
11
$630,000
$443
Pasadena SE
99
$515,000
$472
Pasadena SW
37
$765,000
$542
Rosemead / South San Gabriel
10
$407,000
$294
San Gabriel
24
$515,000
$356
San Marino
NA
NA
NA
3
$650,500
$512
South Pasadena
20
$662,050
$483
Sunland / Tujunga
22
$392,500
$317
TOTAL/AVERAGE
434
$549,018
$402
Eagle Rock
La Cañada Flintridge
Sierra Madre
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
ALHAMBRA
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$566,000 $441 74 60
Q2 2015 $562,500 $410 62 59
ARCADIA $1,129,000 $556 126 62
Q2 2015 $1,275,000 $582 137 71
ALTADENA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2015
% CHANGE
0.62% 7.70% 19.35% 1.69%
$452,000 $374 40 49
$470,000 $350 53 61
-3.83% 6.85% -24.53% -19.67%
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
-11.45% -4.51% -8.03% -12.68%
$644,000 $410 50 55
$599,000 $410 47 47
7.51% 0.00% 6.38% 17.02%
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$722,500 $467 114 49
$652,250 $434 126 51
10.77% 7.74% -9.52% -3.92%
NA NA NA NA
$295,000 $328 2 23
NA NA NA NA
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,085,000 $455 4 119
$2,000,500 $846 6 74
-45.76% -46.27% -33.33% 60.81%
NA NA NA NA
NA NA NA NA
NA NA NA NA
EAGLE ROCK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2016
SFR
BRADBURY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$755,000 $511 79 41
$750,000 $521 53 44
0.67% -1.98% 49.06% -6.82%
$468,000 $335 2 27
NA NA NA NA
NA NA NA NA
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
GLENDORA
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$583,000 $353 135 51
Q2 2015 $519,000 $344 133 60
HIGHLAND PARK
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
12.33% 2.75% 1.50% -15.00%
$410,000 $285 34 70
$411,500 $271 26 40
-0.36% 5.19% 30.77% 75.00%
SFR
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$580,000 $508 88 37
11.64% 7.31% -15.91% 8.11%
$425,000 $407 13 32
$285,000 $329 4 44
49.12% 23.75% 225.00% -27.27%
LA CRESCENTA :: GLENDALE
SFR
Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$647,500 $545 74 40
Q2 2015
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$775,000 $514 91 51
$738,500 $467 89 48
4.94% 9.98% 2.25% 6.25%
$427,500 $377 22 54
$530,000 $351 16 37
-19.34% 7.40% 37.50% 45.95%
LA CAÑADA FLINTRIDGE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,640,000 $643 72 47
$1,575,000 $642 89 36
4.13% 0.06% -19.10% 30.56%
$1,000,000 $488 4 20
$1,047,500 $518 2 17
-4.53% -5.86% 100.00% 17.65%
MONROVIA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$635,000 $436 85 53
$627,500 $430 80 56
1.20% 1.38% 6.25% -5.36%
$450,750 $336 20 55
$440,000 $330 35 60
2.44% 1.69% -42.86% -8.33%
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
MOUNT WASHINGTON Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$725,000 $541 27 66
SFR Q2 2015 $750,000 $533 33 52
PASADENA NE Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$772,500 $479 109 52
Q2 2015 $710,000 $465 139 46
Q2 2015
% CHANGE
-3.33% 1.52% -18.18% 26.92%
NA NA NA NA
NA NA NA NA
NA NA NA NA
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
8.80% 2.85% -21.58% 13.04%
$519,000 $408 23 51
$425,000 $382 24 45
22.12% 6.83% -4.17% 13.33%
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,015,000 $540 40 56
$585,000 $502 57 56
73.50% 7.65% -29.82% 0.00%
$630,000 $443 11 41
$515,000 $367 11 53
22.33% 20.65% 0.00% -22.64%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,100,000 $582 67 56
$1,200,000 $591 58 52
-8.33% -1.46% 15.52% 7.69%
$515,000 $472 99 40
$490,000 $434 103 56
5.10% 8.68% -3.88% -28.57%
PASADENA SW Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q2 2016
SFR
PASADENA SE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
PASADENA NW Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$1,197,000 $615 28 53
$1,132,500 $608 32 48
5.70% 1.14% -12.50% 10.42%
$765,000 $542 37 59
$605,000 $468 43 62
26.45% 15.81% -13.95% -4.84%
“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 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
ROSEMEAD :: S. SAN GABRIEL Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$535,000 $418 38 60
Q2 2015 $520,000 $384 52 61
SAN GABRIEL $670,000 $458 68 70
Q2 2015 $728,000 $446 63 47
SAN MARINO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q2 2016
Q2 2015
% CHANGE
2.88% 8.99% -26.92% -1.64%
$407,000 $294 10 65
$398,000 $271 8 80
2.26% 8.72% 25.00% -18.75%
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
-7.97% 2.54% 7.94% 48.94%
$515,000 $356 24 58
$479,900 $333 18 59
7.31% 6.69% 33.33% -1.69%
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$2,522,000 $913 46 64
$2,500,000 $865 36 48
0.88% 5.56% 27.78% 33.33%
NA NA NA NA
NA NA NA NA
NA NA NA NA
SIERRA MADRE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q2 2016
Q2 2015
% CHANGE
Q2 2016
Q2 2015
% CHANGE
$903,000 $543 34 49
$938,000 $503 39 62
-3.73% 8.01% -12.82% -20.97%
$650,500 $512 3 38
$368,750 $374 4 67
76.41% 36.80% -25.00% -43.28%
S. PASADENA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR Q2 2016
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SFR
CONDO
Q1 2016
Q1 2015
% CHANGE
Q1 2016
Q1 2015
% CHANGE
$1,400,000 $643 35 49
$1,283,787 $594 36 53
9.05% 8.24% -2.78% -7.55%
$662,050 $483 20 44
$480,500 $441 10 44
37.78% 9.58% 100.00% 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.
The Market Report :: Q2 2016
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
SUNLAND :: TUJUNGA Q2 2016 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$540,000 $385 111 53
SFR Q2 2015 $488,000 $351 108 53
CONDO
% CHANGE
Q2 2016
Q2 2015
% CHANGE
10.66% 9.62% 2.78% 0.00%
$392,500 $317 22 41
$348,000 $271 13 51
12.79% 16.65% 69.23% -19.61%
“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 2016
deasypenner.com
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