MARKET REPORT Q4 :: 2015 deasypenner.com
deasy/penner&partners
YOUR GUIDE TO MARKET PERFORMANCE & ANALYSIS
la county :: market snapshot SINGLE FAMILY HOMES
CONDOMINIUM HOMES
Data*
Q4 2015
Q4 2014
% Change
Data*
Q4 2015
Q4 2014
% Change
Median Price
$540,000
$508,000
6.30%
Median Price
$424,000
$395,000
7.34%
$450
$385
16.96%
Avg. Price / Sq. Ft.
$394
$372
5.75%
Properties Sold
11,914
11,777
1.16%
Properties Sold
4,181
3,998
4.58%
Days on Market
61
62
-1.61%
Days on Market
59
66
-10.61%
Avg. Price / Sq. Ft.
MEDIAN PRICE
MEDIAN PRICE
$540,000
$424,000
vs Q4 2014
+6%
$508,000
DAYS ON THE MARKET
+7%
$395,000
PROPERTIES SOLD
61
62
Q4 2015
Q4 2014
DAYS
vs Q4 2014
4,181
+5%
DAYS
Q4 2015
3,998
Q4 2014
“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 :: Q4 2015
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EXPLORE YOUR NEIGHBORHOOD
los angeles area
NEIGHBORHOOD FOCUS Q4 2015 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
AVG. SALE PRICE
AVG. $ / SQ. FT.
Beverly Hills
29
$5,757,500
$1,205
Beverly Hills PO
44
$2,825,000
$934
Beverlywood
38
$1,007,500
$660
Beverly Center - Miracle
40
$1,546,250
$758
Brentwood
53
$2,890,000
$1,081
Cheviot Hills - Rancho Park
13
$1,623,000
$763
Culver City
59
$1,050,000
$697
Downtown LA
25
$305,000
$262
Hancock Park - Wilshire
65
$1,355,000
$667
Hollywood
18
$842,000
$568
Hollywood Hills East
37
$1,200,000
$605
Los Feliz
44
$1,515,000
$648
Mid - Los Angeles
95
$550,000
$397
101
$865,500
$604
84
$1,325,000
$603
115
$1,695,000
$804
Westwood - Century City
43
$1,806,500
$841
West Hollywood
34
$1,512,500
$897
West LA
34
$1,067,375
$777
971
$1,617,796
$725
Silver Lake - Echo Park Studio City Sunset Strip - HH West
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 :: Q4 2015
deasypenner.com
los angeles area
MEDIAN PRICE CHANGE
Q4 2015 — Q4 2014 SINGLE FAMILY HOMES 2015
2014
$3.5M $3M $2.5M $2M $1.5M $1M $500K
West LA
West Hollywood
Westwood - Century City
Sunset Strip - HH West
Studio City
Silver Lake - Echo Park
Mid - Los Angeles
Los Feliz
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
$250K
“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 :: Q4 2015
deasypenner.com
los angeles area
NEIGHBORHOOD FOCUS Q4 2015 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
AVG. SALE PRICE
AVG. $ / SQ. FT.
Beverly Hills
25
$1,200,000
$711
Beverly Hills PO
NA
NA
NA
Beverlywood
15
$665,000
$478
Beverly Center - Miracle
24
$759,500
$554
Brentwood
56
$762,500
$602
1
$1,200,000
$527
Culver City
62
$445,500
$477
Downtown LA
99
$539,100
$597
Hancock Park - Wilshire
36
$494,500
$471
Hollywood
25
$581,000
$533
Hollywood Hills East
10
$527,500
$411
Los Feliz
12
$567,500
$505
7
$300,000
$380
Silver Lake - Echo Park
13
$550,000
$509
Studio City
43
$538,000
$400
Sunset Strip - HH West
24
$501,000
$550
133
$770,000
$610
West Hollywood
95
$639,000
$647
West LA
46
$683,472
$518
726
$651,310
$527
Cheviot Hills - Rancho Park
Mid - Los Angeles
Westwood - Century City
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 :: Q4 2015
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los angeles area
MEDIAN PRICE CHANGE
Q4 2015 — Q4 2014 CONDOMINIUM HOMES 2015
2014
$1M
$750K
$500K
$250K
West LA
West Hollywood
Westwood - Century City
Sunset Strip - HH West
Studio City
Silver Lake - Echo Park
Mid - Los Angeles
Los Feliz
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
$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.
The Market Report :: Q4 2015
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
BEVERLY HILLS Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$5,757,500 $1,205 29 60
SFR Q4 2014 $3,080,000 $1,216 35 84
BEVERLY HILLS PO Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,825,000 $934 44 85
Q4 2014 $2,597,500 $762 44 95
Q4 2014
% CHANGE
86.93% -0.90% -17.14% -28.57%
$970,000 $607 21 86
23.71% 17.07% 19.05% -10.47%
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
8.76% 22.54% 0.00% -10.53%
NA NA NA NA
$585,000 $385 1 323
NA NA NA NA
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,007,500 $660 38 54
$850,000 $581 51 57
18.53% 13.59% -25.49% -5.26%
$665,000 $478 15 77
$705,000 $444 21 65
-5.67% 7.71% -28.57% 18.46%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,546,250 $758 40 54
$1,322,000 $667 50 62
16.96% 13.78% -20.00% -12.90%
$759,500 $554 24 40
$600,000 $505 23 73
26.58% 9.73% 4.35% -45.21%
BRENTWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2015 $1,200,000 $711 25 77
SFR
BEVERLY CENTER :: MIRACLE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
BEVERLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$2,890,000 $1,081 53 64
$2,420,000 $946 70 58
19.42% 14.23% -24.29% 10.34%
$762,500 $602 56 51
$775,000 $527 52 59
-1.61% 14.27% 7.69% -13.56%
“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 :: Q4 2015
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
CHEVIOT HILLS :: RANCHO PARK Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,623,000 $763 13 42
Q4 2014 $1,675,000 $731 21 41
CULVER CITY $1,050,000 $697 59 54
Q4 2014 $847,500 $618 54 45
DOWNTOWN LA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2015
Q4 2014
% CHANGE
-3.10% 4.45% -38.10% 2.44%
$1,200,000 $527 1 50
NA NA NA NA
NA NA NA NA
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
23.89% 12.81% 9.26% 20.00%
$445,500 $477 62 37
$420,000 $399 60 47
6.07% 19.45% 3.33% -21.28%
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$305,000 $262 25 51
$235,000 $247 17 49
29.79% 5.80% 47.06% 4.08%
$539,100 $597 99 68
$520,000 $528 107 65
3.67% 12.99% -7.48% 4.62%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,355,000 $667 65 54
$1,255,000 $588 77 53
7.97% 13.42% -15.58% 1.89%
$494,500 $471 36 63
$606,000 $446 35 77
-18.40% 5.47% 2.86% -18.18%
HOLLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
HANCOCK PARK :: WILSHIRE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$842,000 $568 18 52
$800,000 $536 35 58
5.25% 5.98% -48.57% -10.34%
$581,000 $533 25 72
$560,000 $485 27 99
3.75% 10.01% -7.41% -27.27%
“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 :: Q4 2015
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
HOLLYWOOD HILLS EAST Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,200,000 $605 37 59
Q4 2014 $1,155,000 $623 37 67
LOS FELIZ $1,515,000 $648 44 53
Q4 2014 $1,335,400 $660 60 63
MID LOS ANGELES Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2015
Q4 2014
% CHANGE
3.90% -2.87% 0.00% -11.94%
$527,500 $411 10 80
$366,250 $383 12 103
44.03% 7.06% -16.67% -22.33%
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
13.45% -1.79% -26.67% -15.87%
$567,500 $505 12 72
$497,500 $538 6 35
14.07% -6.13% 100.00% 105.71%
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$550,000 $397 95 42
$430,000 $327 107 59
27.91% 21.71% -11.21% -28.81%
$300,000 $380 7 43
$584,000 $368 1 26
-48.63% 3.32% 600.00% 65.38%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$865,500 $604 101 44
$750,500 $598 88 51
15.32% 1.13% 14.77% -13.73%
$550,000 $509 13 42
$505,000 $391 7 68
8.91% 30.23% 85.71% -38.24%
STUDIO CITY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR
SILVER LAKE :: ECHO PARK Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,325,000 $603 84 58
$1,107,500 $538 84 74
19.64% 12.18% 0.00% -21.62%
$538,000 $400 43 68
$540,000 $375 35 70
-0.37% 6.77% 22.86% -2.86%
“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 :: Q4 2015
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MARKET PERFORMANCE BY NEIGHBORHOOD :: LOS ANGELES AREA
SUNSET STRIP :: HH WEST Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,695,000 $804 115 70
Q4 2014 $1,842,037 $834 104 79
WESTWOOD :: CENTURY CITY Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$1,806,500 $841 43 64
Q4 2014 $1,578,750 $786 38 48
WEST HOLLYWOOD Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
-7.98% -3.58% 10.58% -11.39%
$501,000 $550 24 72
$470,000 $492 21 81
6.60% 1 11.83% 14.29% -11.11%
SFR
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
14.43% 7.05% 13.16% 33.33%
$770,000 $610 133 68
$720,000 $556 134 77
6.94% 9.82% -0.75% -11.69%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,512,500 $897 34 65
$1,199,000 $867 31 56
26.15% 3.46% 9.68% 16.07%
$639,000 $647 95 50
$590,000 $555 87 62
8.31% 16.45% 9.20% -19.35%
WEST LA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,067,375 $777 34 57
$868,000 $699 31 45
22.97% 11.14% 9.68% 26.67%
$683,472 $518 46 56
$645,000 $479 50 68
5.96% 8.15% -8.00% -17.65%
“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.
The Market Report :: Q4 2015
deasypenner.com
westside la area
NEIGHBORHOOD FOCUS Q4 2015 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
AVG. SALE PRICE
PRICE / SQ. FT.
Malibu Beach
13
$6,150,000
$2,103
Malibu
46
$2,397,050
$949
Marina Del Rey
10
$1,607,500
$676
Pacific Palisades
60
$2,630,000
$986
Palms - Mar Vista
85
$1,268,000
$758
3
$2,495,000
$766
Santa Monica
49
$2,550,000
$1,173
Venice
54
$1,718,500
$1,200
320
$2,602,006
$1,076
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 :: Q4 2015
deasypenner.com
westside la area
PROPERTIES SOLD
Q4 2015 — Q4 2014 SINGLE FAMILY HOMES 2015
2014
% Change
-14%
105 90
-27%
75
+9% 60
0%
0%
45 30 15 0
-16%
+44%
Malibu Beach
Malibu
Marina Del Rey
-50%
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 :: Q4 2015
deasypenner.com
westside la area
NEIGHBORHOOD FOCUS Q4 2015 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
AVG. SALE PRICE
PRICE / SQ. FT.
Malibu Beach
4
$1,005,000
$912
Malibu
7
$576,000
$632
Marina Del Rey
80
$879,000
$585
Pacific Palisades
15
$862,500
$618
Palms - Mar Vista
36
$625,000
$485
Playa Vista
18
$927,500
$638
102
$1,059,250
$848
9
$1,280,000
$820
271
$901,781
$692
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 :: Q4 2015
deasypenner.com
westside la area
PROPERTIES SOLD
Q4 2015 — Q4 2014 CONDOMINIUM HOMES 2015
2014
% Change
-24% -20% 105 90 75 60
+3%
45
-38%
30 15 0
-6% -60%
Malibu Beach
12%
0%
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 :: Q4 2015
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
MALIBU BEACH Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$6,150,000 $2,103 13 184
SFR Q4 2014 $4,700,000 $2,832 9 145
MALIBU $2,397,050 $949 46 144
Q4 2014 $2,352,500 $850 46 169
MARINA DEL REY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2014
% CHANGE
30.85% -25.76% 44.44% 26.90%
$835,000 $1,134 10 150
20.36% -19.59% -60.00% -72.67%
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
1.89% 11.66% 0.00% -14.79%
$576,000 $632 7 106
$900,000 $601 7 74
-36.00% 5.25% 0.00% 43.24%
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,607,500 $676 10 62
$932,500 $684 12 56
72.39% -1.19% -16.67% 10.71%
$879,000 $585 80 55
$749,500 $550 100 86
17.28% 6.37% -20.00% -36.05%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$2,630,000 $986 60 71
$2,200,000 $866 55 62
19.55% 13.81% 9.09% 14.52%
$862,500 $618 15 73
$842,500 $574 16 68
2.37% 7.69% -6.25% 7.35%
PALMS :: MAR VISTA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2015 $1,005,000 $912 4 41
SFR
PACIFIC PALISADES Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,268,000 $758 85 47
$1,155,145 $667 99 57
9.77% 13.75% -14.14% -17.54%
$625,000 $485 36 53
$540,000 $464 35 60
15.74% 4.46% 2.86% -11.67%
“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 :: Q4 2015
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MARKET PERFORMANCE BY NEIGHBORHOOD :: WESTSIDE AREA
PLAYA VISTA
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,495,000 $766 3 24
Q4 2014 $1,238,250 $517 6 54
SANTA MONICA Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$2,550,000 $1,173 49 56
% CHANGE
Q4 2015
Q4 2014
% CHANGE
101.49% 48.08% -50.00% -55.56%
$927,500 $638 18 26
$753,000 $463 29 70
23.17% 37.84% -37.93% -62.86%
SFR Q4 2014 $2,192,050 $1,082 68 54
VENICE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
16.33% 8.39% -27.94% 3.70%
$1,059,250 $848 102 71
$950,000 $864 135 49
11.50% -1.81% -24.44% 44.90%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,718,500 $1,200 54 55
$1,610,337 $1,021 54 64
6.72% 17.52% 0.00% -14.06%
$1,280,000 $820 9 28
$917,500 $689 8 91
39.51% 18.91% 12.50% -69.23%
“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 :: Q4 2015
deasypenner.com
pasadena + san gabriel valley area
NEIGHBORHOOD FOCUS Q4 2015 NEIGHBORHOOD
SINGLE FAMILY HOMES
# OF SALES
AVG. SALE PRICE
PRICE / SQ. FT.
58
$575,000
$422
Arcadia
117
$1,375,000
$548
Altadena
106
$702,500
$448
Bradbury
3
$1,850,000
$623
52
$696,000
$10,751
107
$535,000
$348
Highland Park
64
$611,000
$493
La Crescenta / Glendale
76
$736,000
$485
La Cañada Flintridge
60
$1,656,250
$635
Monrovia
61
$639,950
$424
Mount Washington
38
$797,750
$518
Pasadena NE
101
$695,000
$488
Pasadena NW
46
$865,000
$507
Pasadena SE
34
$1,090,000
$575
Pasadena SW
26
$1,130,000
$639
Rosemead / South San Gabriel
48
$535,000
$390
San Gabriel
60
$703,500
$438
San Marino
32
$2,250,000
$833
Sierra Madre
29
$920,000
$487
South Pasadena
32
$1,289,500
$577
Sunland / Tujunga
98
$500,000
$381
TOTAL/AVERAGE
1,248
$959,640
$1,000
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 :: Q4 2015
deasypenner.com
pasadena + san gabriel valley area
AVERAGE DAYS ON MARKET
Q4 2015 SINGLE FAMILY HOMES Avg DOM
161 57
50 62
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
58
Sunland / Tujunga
46
La Crescenta / Glendale
Glendora
Eagle Rock
Bradbury
Altadena
Arcadia
Highland Park
53
54
65
72
54
59
70
49
67
47
61
74
Alhambra
56
75
73
“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 :: Q4 2015
deasypenner.com
pasadena + san gabriel valley area
NEIGHBORHOOD FOCUS Q4 2015 NEIGHBORHOOD
CONDOMINIUM HOMES
# OF SALES
AVG. SALE PRICE
PRICE / SQ. FT.
Alhambra
32
$461,000
$343
Arcadia
55
$630,000
$401
Altadena
NA
NA
NA
Bradbury
NA
NA
NA
Eagle Rock
NA
NA
NA
Glendora
5
$420,000
$291
Highland Park
5
$320,000
$362
23
$469,000
$358
1
$920,000
$441
Monrovia
26
$390,500
$343
Mount Washington
NA
NA
NA
Pasadena NE
24
$470,250
$380
Pasadena NW
8
$585,125
$398
Pasadena SE
92
$511,500
$457
Pasadena SW
28
$660,250
$481
8
$387,500
$304
San Gabriel
22
$541,990
$342
San Marino
NA
NA
NA
Sierra Madre
10
$607,000
$442
South Pasadena
17
$540,000
$469
Sunland / Tujunga
22
$335,500
$278
TOTAL/AVERAGE
378
$515,601
$381
La Crescenta / Glendale La Cañada Flintridge
Rosemead / South 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 :: Q4 2015
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
ALHAMBRA
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$575,000 $422 58 54
Q4 2014 $570,000 $404 49 61
ARCADIA $1,375,000 $548 117 74
Q4 2014 $1,400,000 $589 117 58
ALTADENA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2014
% CHANGE
0.88% 4.44% 18.37% -11.48%
$461,000 $343 32 56
$410,250 $330 32 71
12.37% 3.86% 0.00% -21.13%
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
-1.79% -6.98% 0.00% 27.59%
$630,000 $401 55 75
$586,000 $369 45 60
7.51% 8.52% 22.22% 25.00%
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$702,500 $448 106 73
$625,000 $417 95 58
12.40% 7.36% 11.58% 25.86%
NA NA NA NA
$265,000 $248 1 94
-100.00% -100.00% -100.00% -100.00%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,850,000 $623 3 161
$950,000 $492 7 56
94.74% 26.81% -57.14% 187.50%
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
Q4 2015
SFR
BRADBURY Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$696,000 $10,751 52 61
$636,000 $470 56 45
9.43% 2,189.23% -7.14% 35.56%
NA NA NA NA
$450,000 $378 2 53
-100.00% -100.00% -100.00% -100.00%
“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 :: Q4 2015
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
GLENDORA
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$535,000 $348 107 70
Q4 2014 $490,000 $339 97 56
HIIGHLAND PARK
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
9.18% 2.66% 10.31% 25.00%
$420,000 $291 5 139
$414,995 $268 26 85
1.21% 8.58% -80.77% 63.53%
SFR
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$548,750 $461 90 54
11.34% 6.79% -28.89% -1.85%
$320,000 $362 5 50
$255,000 $320 6 62
25.49% 13.09% -16.67% -19.35%
LA CRESCENTA :: GLENDALE
SFR
Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$611,000 $493 64 53
Q4 2014
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$736,000 $485 76 46
$694,500 $452 80 62
5.98% 7.14% -5.00% -25.81%
$469,000 $358 23 62
$429,000 $340 11 65
9.32% 5.20% 109.09% -4.62%
LA CAÑADA FLINTRIDGE Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,656,250 $635 60 59
$1,487,500 $565 56 72
11.34% 12.44% 7.14% -18.06%
$920,000 $441 1 14
$917,500 $456 2 80
0.27% -3.25% -50.00% -82.50%
MONROVIA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$639,950 $424 61 75
$590,000 $401 67 53
8.47% 5.83% -8.96% 41.51%
$390,500 $343 26 67
$422,000 $333 21 53
-7.46% 3.03% 23.81% 26.42%
“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 :: Q4 2015
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
MOUNT WASHINGTON Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$797,750 $518 38 47
SFR Q4 2014 $609,444 $478 42 51
PASADENA NE Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$695,000 $488 101 54
Q4 2014 $719,000 $447 85 54
Q3 2014
% CHANGE
30.90% 8.40% -9.52% -7.84%
NA NA NA NA
NA NA NA NA
NA NA NA NA
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
-3.34% 9.09% -18.82% 0.00%
$470,250 $380 24 42
$377,500 $350 12 44
24.57% 8.41% 100.00% -4.55%
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$865,000 $507 46 58
$592,500 $463 43 50
45.99% 9.37% 6.98% 16.00%
$585,125 $398 8 43
$542,500 $405 6 42
7.86% -1.70% 33.33% 2.38%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,090,000 $575 34 72
$912,500 $555 37 63
19.45% 3.57% -8.11% 14.29%
$511,500 $457 92 61
$490,000 $420 67 66
4.39% 8.83% 37.31% -7.58%
PASADENA SW Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
Q4 2015
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
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,130,000 $639 26 67
$899,000 $556 30 42
25.70% 14.81% -13.33% 59.52%
$660,250 $481 28 72
$630,000 $479 35 71
4.80% 0.44% -20.00% 1.41%
“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 :: Q4 2015
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
ROSEMEAD :: S. SAN GABRIEL Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$535,000 $390 48 56
Q4 2014 $486,000 $357 42 59
SAN GABRIEL $703,500 $438 60 57
Q4 2014 $705,000 $434 77 56
SAN MARINO Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
% CHANGE
Q4 2015
Q4 2014
% CHANGE
10.08% 9.21% 14.29% -5.08%
$387,500 $304 8 48
$380,000 $298 7 63
1.97% 2.21% 14.29% -23.81%
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
-0.21% 0.87% -22.08% 1.79%
$541,990 $342 22 45
$415,000 $330 10 79
30.60% 3.56% 120.00% -43.04%
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$2,250,000 $833 32 49
$2,035,000 $845 24 38
10.57% -1.34% 33.33% 28.95%
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
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$920,000 $487 29 65
$950,000 $479 27 59
-3.16% 1.61% 7.41% 10.17%
$607,000 $442 10 46
$545,000 $382 5 42
11.38% 15.49% 100.00% 9.52%
S. PASADENA Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
CONDO
SFR Q4 2015
Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
SFR
SFR
CONDO
Q4 2015
Q4 2014
% CHANGE
Q4 2015
Q4 2014
% CHANGE
$1,289,500 $577 32 50
$1,204,000 $588 35 49
7.10% -1.84% -8.57% 2.04%
$540,000 $469 17 45
$644,000 $443 20 67
-16.15% 5.83% -15.00% -32.84%
“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 :: Q4 2015
deasypenner.com
MARKET PERFORMANCE BY NEIGHBORHOOD :: PASADENA + SGV AREA
SUNLAND :: TUJUNGA Q4 2015 Median Price Avg Price / Sq. Ft. Properties Sold Days on Market
$500,000 $381 98 62
SFR Q4 2014 $487,000 $336 91 59
CONDO
% CHANGE
Q4 2015
Q4 2014
% CHANGE
2.67% 13.43% 7.69% 5.08%
$335,500 $278 22 39
$335,000 $266 9 75
0.15% 4.46% 144.44% -48.00%
“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 :: Q4 2015
deasypenner.com
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