MARKET REPORT 2016 Q1
TA B L E O F C O N T E N T S
16
BEL-AIR
18
BEVERLY HILLS
20
BEVERLY HILLS POST OFFICE
22
BRENTWOOD
24
CENTURY CITY
26
HOLLYWOOD HILLS
28
MALIBU
30
PACIFIC PALISADES
32
SUNSET STRIP
34
WEST HOLLYWOOD
36
ULTRA LUXURY
Based on information from the Association of REALTORS®/Multiple Listing as of April 22, 2016. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Welcome to the Hilton & Hyland Report, the first incarnation of our now regular quarterly examination of the Los Angeles real estate market. Since its inception, Hilton & Hyland has become internationally known as the premier Beverly Hills real estate brokerage. As a leader of the luxury real estate market, it gives us great pride to present a comprehensive report of the First Quarter 2016. Throughout the following pages, you will find detailed analysis on all key neighborhoods in the Los Angeles area, along with specific insights into the ultra-luxury market. The major theme in the most recent fiscal quarter was that of limited movement. The federal government’s adjustment of interest rates, combined with the policy changes that may temporarily dissuade some foreign buyers from purchasing homes in the U.S., created a relatively stagnant Q1 in terms of housing movement. When looking at the ultra-luxury market across Los Angeles, price per square foot numbers continue to show impressive growth as time progresses. Since Q1 2015, the average price per square foot of homes priced $5-$15 million increased 26.7%, a greater increase than we’ve seen in years. The biggest quarter-to-quarter jump taking place between Q4 2015 and Q1 2016 (a 13.1% increase). There is no question that Los Angeles luxury real estate continues to be one of the most sought-after commodities in the industry. At Hilton & Hyland, we strive every day to provide our clients with best-in-class customer service and industry knowledge of the luxury real estate market in Greater Los Angeles. We’re happy to provide this market report to you, and hope that you contact us with any questions that you may have when it comes to your individual real estate needs. Warmest regards, Rick Hilton & Jeff Hyland
Playboy Mansion $200,000,000
6 PAG E
42%
MARKET SHARE
16%
COLDWELL BANKER
11%
THE AGENCY
10%
SOTHEBY’S INTERNATIONAL
6%
RO D EO R E ALT Y
6%
WE S TS I D E E S TATE AG EN C Y
3% B O GA R I R E A LT Y
3% R E D FI N
3% T. N .G . R E A LT Y
OU R ADVANTAG E
FO R SA L E S FI F T E E N M I L L I O N A N D A B OV E I N 2 01 5
BEVERLY HILLS | BEL-AIR | HOLMBY HILLS | BRENTWOOD SUNSET STRIP | HOLLYWOOD HILLS | MALIBU
I N SA L E S VO LU M E 2 01 5
27%
T R A N SAC T I O N S CO N D U C T E D I N - H O U S E I N 2 01 5
$16.4M $3.8M
A RECORD BREAKING 2015
AV E R AG E SA L E S VO LU M E P E R AG E N T I N 2 01 5
AV E R AG E P R I C E P E R T R A N SAC T I O N I N 2 01 5
1ST
1
L A B U S I N E S S J O U R N A L’ S H I G H E S T AV E R AG E SA L E S VO LU M E P E R O F F I C E I N 2 01 5
L A B U S I N E S S J O U R N A L’ S O N LY B R O K E R AG E W IT H O N E O F F I C E I N T H E L A B J TO P 1 0
OU R ADVANTAG E
$2.7B
CELEBRATES A RECORD-SETTING 2015
HIGHEST SALE IN LOS ANGELES 384 DELFERN DRIVE - *$75,000,000
Stephen Resnick Represented the buyer
HIGHEST SALE IN SUNSET STRIP
9161 ORIOLE WAY - *$35,000,000
Branden Williams, Rayni Williams Represented the buyer
2ND HIGHEST SALE IN SUNSET STRIP 1442 TANAGER WAY - *$29,950,000
HIGHEST SALE IN BEL-AIR
Tyrone McKillen, Drew Fenton Represented the seller
616 NIMES ROAD - *$65,000,000
Mia Trudeau Represented the seller
HIGHEST SALE IN BRENTWOOD
3099 MANDEVILLE CANYON ROAD - *$20,000,000
HIGHEST SALE IN BEVERLY HILLS POST OFFICE
Danelle Lavin
Represented the seller
9904 KIP DRIVE - *$37,900,000
Jeff Hyland Represented the seller Denise Moreno, Gordon MacGeachy
Represented the buyer
2ND HIGHEST SALE IN BRENTWOOD
1647 MANDEVILLE CANYON ROAD - *$17,950,000
Judy Feder Represented the buyer
HIGHEST SALE EVER IN THE BEVERLY HILLS FLATS 706 NORTH HILLCREST ROAD - *$23,500,000
Susan Smith, Drew Fenton Represented the seller
2ND HIGHEST SALE IN MALIBU
29208 CLIFFSIDE DRIVE - *$23,750,000
Mia Trudeau Represented the buyer
HIGHEST SALE EVER IN HANCOCK PARK 611 SOUTH MUIRFIELD ROAD - *$16,100,000
Brett Lawyer Represented the seller Jonah Wilson Represented the buyer
2ND HIGHEST SALE IN SANTA MONICA 436 ADELAIDE DRIVE - *$14,950,000
Susân Perryman
Represented the seller
384 Delfern Dr $75,000,000 Based on information from the Association of REALTORS®/Multiple Listing as of April 22, 2016. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
2016 SIGNIFICANT SALES
9133 ORIOLE WAY
SUNSET STRIP
$27,995,000
720 N ALTA DR
BEVERLY HILLS
$24,995,000
1814 DOHENY DR
SUNSET STRIP
$23,950,000
1095 HILLCREST RD
BEVERLY HILLS
$21,000,000
21812 PCH
MALIBU
$19,000,000
9133 ORIOLE WAY Sunset Strip $27,995,000
9312 NIGHTINGALE DR
SUNSET STRIP
$17,500,000
1157 HILLCREST RD
BEVERLY HILLS
$17,500,000
9152 JANICE PL
BEVERLY HILLS
$14,895,000
9212 NIGHTINGALE DR
SUNSET STRIP
$13,800,000
2859 COLDWATER CANYON DR
BEVERLY HILLS
$12,249,000
22000 PCH
MALIBU
$11,250,000
2012 LA MESA DR
SANTA MONICA
$11,995,000
720 N ALTA DR Beverly Hills $24,995,000
SA L E S $ 1 0 M A N D A B OV E
93 SA LE S I N TOTA L 3 5 I N VO LV E D H I LTO N & H Y L A N D
SA L E S $ 5 M A N D A B OV E
33 1 SA LE S I N TOTA L 7 1 I N VO LV E D H I LTO N & H Y L A N D
10250 Sunset $88,000,000 Based on information from the Association of REALTORSÂŽ/Multiple Listing as of April 22, 2016. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
B E L-A I R
SOLD +24.8%
B E L-A I R
SOLD +10.9%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1000
3,000
$/SQFT
$ In The Thousands
1200
2,000
800 600 400
1,000 200 0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Quarterly % Change
Total Change
Total % Change
38,422.68
2.07
4 61 ,07 2 .1 4
24.78
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
0
Q1 2016
Quarterly Change SOLD
TIME PERIOD
Q3 2013
Q1 2013
Q2 2013
TIME PERIOD
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Quarterly % Change
Total Change
Total % Change
7. 8 5
0.91
9 4 .1 9
10.92
FOR SALE
NEW LISTINGS
Q4 2013
Quarterly Change SOLD $/SQFT
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q3 2013
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
Q1 2016
3,190,000
174
1,774,000
33
2,152,000
23
2,940,000
43
2,920,000
98
Q1 2016 174 8,424,735 5,678
1,349 33
2,715,384
2,843
968 24
3,683,458 4,063
923 44
7,660,225 5,435
1,381 99
7,245,958 5,087
1,354
Q4 2015
3,750,000
157
2,649,162
24
2,212,500
29
5,200,000
57
2,950,000
46
Q4 2015 157 9,575,052 6,149
1,357 24
5,112,222
4,795 1,066 29
4,278,776 3,554
945 57
10,940,544 6,336
1,477 46
8,161,801
4,260
1,362
Q3 2015
3,495,000
191
2,172,500
40
2,015,000
43
3,487,500
40
3,345,000
86
Q3 2015 191 7,796,269
5,754
1,253 40
2,734,576
3,362
816 43
2,532,952
3,332
760 40
6,296,600 5,010
1,171 86
6,962,418
5,097
1,242
Q2 2015
3,200,000
195
2,225,000
52
2,417,500
44
3,525,000
38
2,698,700
100
Q2 2015 195 7,022,479 5,450
1,149 52
4,736,594
4,115
944 44
5,622,499 4,848
1,123 38
6,125,292 4,926
981 100 6,143,463 4,889
1,185
Q1 2015
3,299,000
176
1,999,999
39
2,385,000
45
3,699,450
42
2,987,500
78
Q1 2015 176 8,046,988 5,840
1,271 39
5,788,715
4,721
1,152 45
4,735,044 4,523
990 42
10,368,402 6,374
1,687 78
6,704,141
5,263
1,239
Q4 2014
3,297,000
180
2,347,000
44
1,750,000
39
2,672,000
38
2,699,500
58
Q4 2014 180 7,064,597 5,343
1,203 44
4,486,523 3,988
1,087 39
3,600,536 3,433
990 38
4,759,829 4,610
1,026 58
7,636,560 4,790
1,214
Q3 2014
3,225,000
186
1,795,000
27
1,985,000
33
3,895,000
37
2,299,000
79
Q3 2014 186 6,453,405 5,308 1,206 27
3,004,848 3,564
840 33
4,136
839 37
7, 8 5 1,230 5,620 1,400 79
5,698,582 4,672
1,164
Q2 2014
3,200,000
187
2,287,000
38
2,856,900
30
3,347,000
42
2,595,000
87
Q2 2014 187 6,915,889 5,333
1,142 38
4,984,000 4,053
917 30
5,462,086 4,258
963 42
8,422,237 5,335
1,047 87
5,606,589 4,765
1,056
Q1 2014 163 8,303,220 5,691
1,210 34
10,494,556
5,228
1,317 39
6,280,449 4,564
855 29
6,590,069 5,744
1,112 68
8,449,059 4,908
1,211
1,140 41
2,960,046
3,687
815 54
2,983,416 3,977
769 35
6,219,407
5,174
1,189 46
4,480,177 4,339
998
1,116 47
927 36
3,836,761 4,051
947 26
10,695,731 5,714
1,071 90
5,881,498 4,755
1,185
3,705
893 35
7,015,803 6,000
983 87
4,644,674 4,816
967
3,409,429 4,052
830 35
9,182,229 6,999
1,128 70
4,662,985 4,620
975
3,395,000
163
2,169,500
34
1,975,000
39
2,695,000
29
3,096,000
68
Q4 2013
2,850,000
171
1,795,000
41
2,241,000
54
3,350,000
35
1,860,000
46
Q4 2013 171
Q3 2013
2,995,000
198
2,200,000
47
1,912,500
36
4,187,500
26
2,695,000
90
Q3 2013 198 6,876,511
3,651,454
3,938
Q2 2013
2,950,000
189
2,372,500
46
2,025,000
49
3,250,000
35
2,495,000
87
Q2 2013 189 6,718,950 5,379 1,046 46
4,176,391
3,992 1,050 49
Q1 2013
3,274,500
180
1,945,000
43
1,250,000
35
5,000,000
35
2,585,000
70
Q1 2013 180 7,541,644 5,685 1,082 43
3,960,999
Q1 2014
6,537,603 5,406 5,315
4,138
937 35
3,378,767
3,316,122
B E V E R LY H I L L S
SOLD +4.4%
B E V E R LY H I L L S
SOLD +34.1%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,600
6,000 5,000
1,200
4,000
$/SQFT
$ In The Thousands
1,400
3,000
1,000 800 600
2,000
400
1,000 0
200 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
0
Q1 2016
Quarterly Change
Quarterly % Change
Total Change
Total % Change
16,596.52
0.37
1 9 9 ,1 5 8 . 2 6
4.42
SOLD FOR SALE TIME PERIOD
Q3 2013
UNDER CONTRACT
SOLD
EXPIRED
Q1 2013
Q2 2013
TIME PERIOD
#
Avg $
Q1 2014
Q2 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Total Change
Total % Change
30.65
2.84
3 6 7. 8 5
3 4 .1 3
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Q1 2016
7,925,000
166
4,297,500
32
4,270,000
40
7,134,000
46
7,584,500
88
Q1 2016 166 11,114,964 5,852
1,801 32
5,481,750
Q4 2015
7,134,000
158
5,245,000
42
5,491,250
30
7,544,000
38
6,447,500
66
Q4 2015 158 10,316,123 5,833
1,750 42
Q3 2015
7,495,000
145
3,749,000
27
5,015,000
40
7,800,000
26
6,250,000
72
Q3 2015 145 10,227,703 5,846
Q2 2015
5,995,000
146
4,250,000
55
5,250,000
60
6,472,500
18
4,972,500
68
Q1 2015
6,995,000
147
5,722,500
46
4,700,000
34
7,888,000
23
5,995,000
Q4 2014
6,990,000
132
3,999,000
27
3,080,000
35
6,577,500
38
Q3 2014
5,450,000
149
4,090,000
42
3,830,000
40
4,772,500
Q2 2014
5,499,000
158
2,695,000
46
3,875,000
51
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
1,223 40
5,502,956 4,260
1,234 46
11,651,434
5,812
1,846 88
9,696,238 5,468
1,635
6,912,857
4,890 1,444 30
6,484,437 4,736
1,357 38
9,152,434 5,879
1,538 66
9,719,795
5,113
1,881
1,672 27
7,416,667
3,954 1,506 40
6,585,863
4,170
1,444 26
11,320,226
5,910
1,773 72
9,151,653
5,302
1,649
Q2 2015 146 8,972,862 5,324
1,617 55
6,006,545
3,976 1,504 60
6,108,543 4,382
1,338 18
8,643,333 5,289
1,521 68
8,211,971
4,864
1,560
80
Q1 2015 147 9,330,025 5,380
1,722 46
7,612,043
4,929
1,528 34
6,825,414 4,380
1,533 23
11,727,642
2,274 80
9,643,935 4,969
1,917
4,995,000
51
Q4 2014 132 8 , 41 6 ,1 73 5,573
1,517 27
8,465,852
4,749
1,751 35
7,01 2, 35 0 4,721
1,544 38
7,430,474 5,665
1,332 51
7,566,755 4,907
1,578
26
4,000,000
69
Q3 2014 149 7,7 1 6 , 4 6 5 5,418 1,444 42
5,673,070 4,424 1,340 40
4,958,723 4,347
1,156 26
7,1 7 1 ,30 8
5,253
1,441 69
6,642,971 4,479
1,562
5,245,000
32
4,795,000
75
Q2 2014 158 6,867,646 5,177
1,287 46
4,858,674 3,785
1,152 51
5,099,048 3,902
1,209 32
5,318,771
4,556
1,171 75
5,765,358 4,399
1,208
Q1 2014 152 7,400,243 5,523
1,338 45
6,494,200 4,680
1,383 33
6,457,008 5,284
1,202 24
7,496,324 5,878
1,275 77
6,349,580 4,959
1,254
5,632
1,256 36
7,755,048 5,458
1,245 40
6,423,800
1,074 41
6,633,732
5,101
1,289
4,648
1,186 50
4,991,649 4,501
1,088 26
7,503,462 5,099
1,468 80
6,207,174 4,648
1,300
5,233,010 5,354
983 23
6,489,471 5,765
973 85
6,457,496 4,997
1,201
5,408,057 5,075
1,066 29
7,840,224 6,688
1,132 63
6,612,467 5,362
1,168
4,111
5,964,000
152
4,995,000
45
5,325,000
33
6,094,500
24
5,495,000
77
Q4 2013
5,689,000
153
5,645,000
38
5,508,588
36
4,947,500
40
4,855,000
41
Q4 2013 153 7,869,244 5,621
1,298 38
8,187,447
Q3 2013
5,700,000
179
5,395,000
41
4,762,500
50
5,797,500
26
4,872,500
80
Q3 2013 179 7,573,270 5,461 1,305 41
5,573,512
Q2 2013
5,975,000
169
4,195,000
47
4,225,000
46
5,500,000
23
5,180,000
85
Q2 2013 169 7,580,628 5,810
1,222 47
5,804,829
5,201
1,144 46
Q1 2013
6,150,000
147
4,625,000
34
4,521,175
25
6,220,000
29
5,688,000
63
Q1 2013 147 7,745,928 6,188
1,189 34
5,266,056
4,769
1,091 25
Q1 2014
Q3 2014
Quarterly % Change
FOR SALE
NEW LISTINGS
Q4 2013
Quarterly Change SOLD $/SQFT
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q3 2013
5,158
4,741
B E V E R LY H I L L S P O S T O F F I C E
SOLD +33.1%
B E V E R LY H I L L S P O S T O F F I C E
SOLD +47.8%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1200 1000
2,500 2,000
$/SQFT
$ In The Thousands
3,000
1,500 1,000
800 600 400
500
200
0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Quarterly % Change
Total Change
Total % Change
55,211.66
2.76
662,539.86
3 3 .1 1
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
0
Q1 2016
Quarterly Change SOLD
TIME PERIOD
Q3 2013
Q1 2013
Q2 2013
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q3 2015
Q4 2015
Q1 2016
Total Change
Total % Change
2 6 . 47
3.98
3 1 7. 6 9
4 7. 7 9
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Q1 2016
3,999,000
199
2,647,000
34
2,445,000
25
4,299,000
71
3,774,500
98
Q1 2016 199 6,489,456 5,248
1,188 34
2,679,706
Q4 2015
3,897,500
208
2,795,000
33
2,850,000
45
3,750,000
74
3,695,000
73
Q4 2015 208 7,122,839 5,066
1,189 33
4,566,604 4,294 1,058 45
Q3 2015
3,595,000
222
2,975,000
43
2,525,000
43
3,047,000
44
3,100,000
105
Q3 2015 222 6,469,956 4,760
1,148 43
4,583,253 4,067
1,127 43
4,158,243
3,879
Q2 2015
3,822,500
216
2,525,000
47
2,795,000
43
4,525,000
52
3,322,500
100
Q2 2015 216 6,670,001 4,933
1,187 47
3,537,104
3,696
904 43
3,347,896 3,905
Q1 2015
3,595,000
209
2,022,500
38
1,734,000
28
3,190,000
55
3,645,000
98
Q1 2015 209 6,172,798
4,768
1,131 38
2,978,314
3,419
831 28
2,458,071
3,132
731 55
Q4 2014
3,150,000
205
3,100,000
37
2,597,500
44
2,999,000
57
3,074,500
68
Q4 2014 205 5,625,649 4,543
1,027 37
4,705,162
4,190
860 44
4,016,730
4,119
Q3 2014
2,997,000
208
2,497,000
34
2,681,500
36
2,750,000
37
2,395,000
85
Q3 2014 208 5,077,788 4,546 1,036 34
3,590,762
4,233
873 36
3 , 57 1 , 8 37
Q2 2014
2,795,000
203
2,212,000
38
2,152,500
44
2,660,000
42
2,399,000
91
Q2 2014 203 5,077,788 4,546 1,036 38
3,380,138
3,603
937 44
3,272,719
4,065
3,686
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
3,541
975 71
6,407,246
5,418
1,202 98
5,218,564 4,644
1,066
3,912,644 3,922
991 74
7,444,189 4,373
1,075 73
5,783,309
4,631
1,207
1,031 44
4,088,216
3,890
1,036 105 4,610,513
4,104
982
848 52
6,197,113
5,134
1,199 100 5,203,713 4,653
1,098
4,665,271
4,812
994 98
5,398,847 4,749
1,117
806 57
3,827,007 4,313
887 68
5,892,8 21 3,987
916
4,181
857 37
5,269,092 4,053
1,161 85
4,061,927 4,020
1,038
3,576
804 42
4,238,595 4,156
1,020 91
3,321,583
3,748
876
819 34
3,532,850 4,304
818 30
5,281
767 25
3,453,303
2,950,000
185
2,300,000
43
2,415,000
34
2,972,500
30
2,825,000
83
Q1 2014 185 5,668,129 4,943 1,046 43
3,857,465
Q4 2013
2,930,000
184
2,195,000
35
1,915,000
37
2,870,000
47
2,950,000
53
Q4 2013 184 4,999,018 4,714
991 35
2,864,229
3,543
811 37
2,835,468 3,476
Q3 2013
2,724,500
218
1,999,999
47
2,135,178
48
3,022,000
40
2,485,000
110
Q3 2013 218 4,436,593 4,405
971 47
2,951,808
3,819
781 48
Q2 2013
2,850,000
175
2,162,500
38
2,250,000
41
2,875,000
29
2,494,000
92
Q2 2013 175 4,788,330 4,767
971 38
3,350,895
4,218
763 41
3,159,251
Q1 2013
2,662,500
158
2,259,500
44
1,815,000
38
2,470,000
31
2,575,000
77
Q1 2013 158 4,833,322 4,836
964 44
2,644,045
3,850
661 38
Q1 2014
Q2 2015
Quarterly % Change
FOR SALE TIME PERIOD
Q4 2013
Quarterly Change SOLD $/SQFT
NEW LISTINGS
Q3 2013
994 83
4,925,952
4,321
1,009
809 47
3,825,987 4,001
874 53
5,027,792
4,791
965
2,851,675 3,982
736 40
4,377,400
4,188
1,064 110
3,329,009 3,800
859
4,239
679 29
3,780,603 4,504
862 92
3,484,215
4,151
834
2,067,630 3,400
619 31
4,190,867 4,566
932 77
3,902,753 4,577
845
5,140,197
B R E N T WO O D
SOLD +25.0%
B R E N T WO O D
SOLD +17.7%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,200 1,000 2,500
$/SQFT
$ In The Thousands
3,000
2,000 1,500
800 600 400
1,000
200
500 0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Quarterly % Change
Total Change
Total % Change
4 7, 6 2 6 . 7 9
2.09
57 1,521.44
25.03
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
0
Q1 2016
Quarterly Change SOLD
TIME PERIOD
Q3 2013
Q1 2013
Q2 2013
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Quarterly % Change
Total Change
Total % Change
12.40
1 . 47
148.76
1 7. 6 7
FOR SALE TIME PERIOD
Q4 2013
Quarterly Change SOLD $/SQFT
NEW LISTINGS
Q3 2013
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
Q1 2016
3,395,000
205
2,795,000
55
2,615,000
40
3,796,500
50
3,174,500
118
Q1 2016 205 5,049,327
5,149
906 55
3,836,573
3,591 1,068 40
2,797,409
3,236
864 50
4,908,630
7,771
604 118
4,657,818 5,445
847
Q4 2015
3,450,000
185
2,796,500
48
2,925,000
54
4,217,000
50
3,395,000
64
Q4 2015 185 5,095,705 4,404
1,051 48
4,714,958
4,123
1,121 54
4,670,852
4,139
1,123 50
4,617,959
4,121
1,076 64
4,708,320 4,142
1,096
Q3 2015
3,225,000
224
2,795,000
53
2,775,000
56
3,275,000
50
6,250,000
116
Q3 2015 224 4,777,724 4,344
999 53
3,504,604
3,561
966 56
3,458,812
3,629
941 50
4,861,864
4,713
958 116
Q2 2015
2,999,000
215
2,599,000
69
2,796,725
72
3,647,000
38
2,995,000
122
Q2 2015 215 4,358,015 4,180
998 69
3,286,261
3,413
946 72
3,317,946
3,475
934 38
Q1 2015
3,297,000
174
2,890,000
50
2,800,000
33
3,995,000
31
3,295,000
105
Q1 2015 174 4,151,922
5,380
937 50
3,452,698
3,771
918 33
3,312,292
3,834
Q4 2014
2,795,000
167
2,368,500
62
2,420,000
70
3,097,000
36
2,822,500
68
Q4 2014 167 3,760,228 3,939
920 62
2,690,210
2,997
903 70
Q3 2014
2,950,000
188
2,495,000
60
2,525,000
64
3,649,000
29
2,595,000
83
Q3 2014 188 3,995,652 4,169
948 60
3,656,300
3,754
Q2 2014
2,950,000
204
2,750,000
67
2,775,000
69
2,922,500
32
2,950,000
103
Q2 2014 204 4,273,671 4,278
992 67
Q1 2014 172 4,317,035
2,950,000
172
2,895,000
47
2,530,000
33
2,495,000
24
2,995,000
100
Q4 2013
2,875,000
165
2,395,000
54
2,320,000
55
3,988,000
39
2,850,000
68
Q4 2013 165 4,149,113
4,354
Q3 2013
2,599,000
179
2,295,000
53
2,352,500
64
2,799,000
29
2,397,000
88
Q3 2013 179 3,675,845 4,075
Q2 2013
2,799,000
194
2,595,000
79
2,400,000
79
4,247,500
24
2,872,000
106
Q2 2013 194 3,834,221
4,115
876 79
Q1 2013
2,595,000
175
2,149,000
59
2,158,000
43
2,897,000
28
2,495,000
104
Q1 2013 175 3,507,368 3,815
834 59
Q1 2014
4,218
1,003 47
4,739,533
4,172
984
4,994,658 4,201
1,031 122 4,392,709 3,984
1,073
876 31
4,797,960 4,554
1,067 105 4,047,323 4,092
949
3,055,358 3,195
956 36
4 , 5 47,21 1 4,922
940 68
3,379,450 3,470
904
974 64
3,686,464 3,847
958 29
4,608,586 4,744
961 83
3,677,684 3,758
973
4,686,104 4,080
1,148 69
3,897,987 4,015
971 32
3,497,656 4,016
871 103 3,740,748 3,946
934
3,793
910 33
3,242,322
3,337
957 24
3,814,875
3,297
973 100 4,383,070 4,139
1,054
937 68
4,118,563
4,213
944
3,241,244 3,875
824
3,498,751
918 54
3,562,815
4,012
880 55
3,361,532
3,978
838 39
4,820,218 4,897
855 53
2,923,755
3,307
803 64
3,225,338 3,490
840 29
3,395,724 4,281
766 88
3,299,899
3,519
910 79
2,875,507 3,392
844 24
4,600,000 5,389
785 106 3,927,972 4,094
928
2,813,186
3,320
854 43
2,812,145 3,500
806 28
4,297,771 3,902
857 104 3,302,738 3,575
848
CENTURY CITY
SOLD +24.9%
CENTURY CITY
SOLD +31.7%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,000
800
2,000
$/SQFT
$ In The Thousands
2,400
1,600 1,200
600
400 800 200
400
0
0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Quarterly Change
Quarterly % Change
Total Change
Total % Change
29,884.09
2.07
3 5 8 , 6 0 9 .1 2
24.90
SOLD FOR SALE TIME PERIOD
Q3 2013
UNDER CONTRACT
SOLD
EXPIRED
Q1 2013
Q2 2013
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Quarterly % Change
Total Change
Total % Change
1 7. 3 1
2.64
2 0 7. 74
31.71
FOR SALE TIME PERIOD
Q4 2013
Quarterly Change SOLD $/SQFT
NEW LISTINGS
Q3 2013
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
Q1 2016
1,999,999
117
1,679,000
47
1,631,000
42
2,272,000
48
1,995,000
87
Q1 2016 117
2,976
903 47
2,262,234
2,494
907 42
2,237,474 2,590
864 28
3,050,274
3,427
890 87
2,674,630
2,987
904
Q4 2015
1,999,450
110
1,799,000
43
1,806,500
43
2,495,000
37
1,799,000
50
Q4 2015 110 2,508,967 2,909
861 43
2,156,163
2,563
841 43
2,113,340
2,504
844 37
2,803,213 3,293
851 50
2,221,216
2,752
807
Q3 2015
1,895,000
133
1,537,500
50
1,650,000
52
1,795,000
23
1,750,000
79
Q3 2015 133 2,409,957 2,826
854 50
1,919,135
2,459
785 52
2,135,088
2,638
818 23
2,593,126
3,051
850 79
2,193,666
2,645
826
Q2 2015
1,795,000
111
1,589,000
43
1,685,000
40
1,772,000
14
1,672,500
82
Q2 2015 111
2,465,638 2,909
856 43
2,219,442
2,665
840 40
2,117,800
2,758
777 14
2,216,086 2,933
757 82
2,363,356 2,827
845
Q1 2015
1,725,000
81
1,695,000
39
1,680,000
26
1,725,000
13
1,659,000
49
Q1 2015 81
2,414,405 3,022
805 39
2,161,154
2,860
762 26
2,178,288
2,665
817 13
2,414,707
3,261
747 49
2,340,902 2,997
788
Q4 2014
1,699,000
81
1,522,000
24
1,578,750
38
1,795,000
25
1,699,000
33
Q4 2014 81
2,1 95 , 3 1 9 2,835
779 24
1,761,438
2,860
793 38
1 ,793 ,7 1 1
2,278
783 25
2,1 87,348 3,097
706 33
1,904,870 2,539
758
Q3 2014
1,950,000
113
1,949,500
52
2,050,000
61
2,295,000
13
1,750,000
61
Q3 2014 113
2, 20 5 , 61 1 2,780
799 52
2,031,058
2,589
793 61
2,174,204 2,842
775 13
2,204,538 2,555
860 61
2,050,377 2,686
765
Q2 2014
1,795,000
127
1,795,000
57
1,610,000
45
1,600,000
18
1,792,000
92
Q2 2014 127 2,163,976 2,760
786 57
2,065,123
2,733
752 45
1,928,319
2,596
746 18
1,830,661
2,488
736 92
2,185,868
2,779
789
749 34
2,010,353
2,770
725 28
1,920,662
2,553
744 8
1,717,625
2,218
724 49
1,906,306
2,691
711
2,333
698 52
1,602,789 2,353
680 24
2,152,350
3,135
687 43
1,705,081
2,485
686
2,633
672 37
1,935,265 2,686
716 16
2,393,250
3,518
680 61
2,022,525
2,781
729
1,645,603 2,468
671 8
3,294
580 73
1,809,082 2,606
685
1,470,007 2,332
630 11
1,645,091 2,685
613 52
1,586,342 2,546
625
2,668,763
1,749,000
77
1,724,000
34
1,726,900
28
1,774,500
8
1,699,000
49
Q1 2014 77
2,023,612
Q4 2013
1,596,500
98
1,447,500
46
1,450,000
52
1,674,500
24
1,649,000
43
Q4 2013 98
1,928,526
2,631
729 46
1,628,913
Q3 2013
1,619,000
110
1,475,000
39
1,610,500
37
2,445,000
16
1,598,000
61
Q3 2013 110 2,037,445 2,827
717 39
1,798,718
Q2 2013
1,519,000
104
1,475,000
47
1,322,500
59
1,575,000
8
1,549,000
73
Q2 2013 104 1,900,279 2,734
691 47
1,736,085
2,480
706 59
Q1 2013
1,300,000
79
1,195,000
37
1,250,000
19
1,395,000
11
1,297,000
52
Q1 2013 79
659 37
1,455,646
2,332
626 19
Q1 2014
1,740,771
2,691
2,650
1,911,000
H O L LY W O O D H I L L S
SOLD +24.9%
H O L LY W O O D H I L L S
SOLD +36.2%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1600
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,000
1400 800
1000
$/SQFT
$/SQFT
1200
800
600
400
600 400
200 200 0
0 Q1 2013
Q2 2013
Q3 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q1 2013
Quarterly Change
Quarterly % Change
Total Change
Total % Change
2 6 ,7 2 6 .1 9
2.08
320,714.34
24.95
SOLD FOR SALE TIME PERIOD
Q4 2013
UNDER CONTRACT
SOLD
EXPIRED
Q2 2013
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q4 2015
Q1 2016
Total Change
Total % Change
18.95
3.01
2 2 7. 4 2
3 6 .1 6
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
Q1 2016
2,187,000
524
1,624,000
148
1,562,500
134
2,262,500
142
1,995,000
289
Q1 2016 524 3,465,168
3,201
1,026 148 2,434,924
2,573
960 134 2,505,792
2,679
951 142 3,081,580
Q4 2015
1,999,499
560
1,527,000
147
1,472,500
154
1,912,000
178
1,925,000
239
Q4 2015 560 3,425,311
3,123
990 147 2,338,082
2,741
870 154 1,958,959
2,561
Q3 2015
1,879,000
643
1,300,000
157
1,485,000
166
2,250,000
165
1,693,000
317
Q3 2015 643 3,178,951
3,010
938 157 1,782,412
2,287
715 166 1,856,761
Q2 2015
1,950,000
645
1,687,000
178
1,544,750
171
2,200,000
141
1,750,000
342
Q2 2015 645 3,129,262 3,043
927 178 2,267,367
2,583
823 171
Q1 2015
1,995,000
538
1,519,500
142
1,580,000
120
2,399,000
93
1,979,000
291
Q1 2015 538 3,162,074 3,082
936 142 2,073,529
Q4 2014
1,849,000
539
1,547,500
134
1,590,000
141
1,795,000
158
1,787,000
204
Q4 2014 539 2,793,568 3,035
Q3 2014
1,799,000
610
1,495,000
129
1,495,000
153
1,868,500
146
1,685,000
297
Q2 2014
1,799,000
585
1,667,000
165
1,459,000
51
1,795,000
107
1,699,000
308
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
906 289 3,171,331
Avg $/ SQFT SQFT 3,181
997
770 178 3,793,499 3,307
978 239 2,998,058 2,866
988
2,344
726 165 3,409,627
993 317 2,880,154
2,799
901
2,141,345
2,507
801 141
3,430,679 3,253
938 342 2,746,369 2,876
871
2,461
815 120 2,223,238
2,739
805 93
3,522,999 3,565
928 291 3,061,963 2,984
912
889 134 2,321,778
2,758
836 141
2,1 87, 6 59 2,622
813 158 2,433,228 3,021
814 204 2,768,276 2,791
923
Q3 2014 610 2, 59 1 , 61 3 3,052
836 129 2,037,039
2,551
780 159 2,039,625 2,639
757 146 2,582,884 3,207
794 297 2,349,971 2,944
775
Q2 2014 585 2,648,591 3,006
845 165 2,261,246
2,618
785 153 1,948,296 2,558
707 107 2,741,848
3,169
786 308 2,493,942
2,817
881
Q1 2014 520 2,622,249
776 148 2,000,553
2,708
731 127 1,907,580
2,715
689 95
3,524
748 270 2,298,526
2,918
711
2,726
717 129 1,800,262
2,611
698 129 2,499,390 3,434
710 180 2,345,886 2,937
767
2,398
666 146 1,651,589
2,516
631 100 3,412,322 3,630
875 287 2,247,805 2,886
737
1,836,942
2,738
669 192 1,890,827 2,682
689 80
2,563,707 3,667
700 311
2,218,254 3,076
705
780 146 1,954,158
2,715
696 122 1,716,978 2,800
615 77
3,002,345 3,497
818 231 2,273,833 2,939
742
1,750,000
520
1,472,500
148
1,450,000
127
1,890,000
95
1,595,000
270
Q4 2013
1,799,000
497
1,419,000
118
1,381,000
129
1,888,000
129
1,679,500
180
Q4 2013 497 2,603,111
Q3 2013
1,699,000
563
1,299,000
146
1,350,000
146
1,995,000
100
1,595,000
287
Q3 2013 563 2,587,944
Q2 2013
1,699,000
537
1,325,000
181
1,255,000
192
1,944,500
80
1,499,000
311
Q2 2013 537 2,512,990 3,243
Q1 2013
1,750,000
449
1,295,000
146
1,170,000
122
1,989,000
77
1,595,000
231
Q1 2013 449 2,619,345 3,230
Q1 2014
Q3 2015
Quarterly % Change
FOR SALE TIME PERIOD
Q4 2013
Quarterly Change SOLD $/SQFT
NEW LISTINGS
Q3 2013
3,126 3,224 3,171
778 118
1,935,231
778 146 1,673,244 751 181
3,012,592
3,168
3,121
MALIBU
SOLD +33%
MALIBU
SOLD +36.3%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,000
2,000
800
1,600
$/SQFT
$ In The Thousands
2,400
1,200
600
400
800 400
200
0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Quarterly % Change
Total Change
Total % Change
51,224.34
2.75
614,692.06
33.02
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
0
Q1 2016
Quarterly Change SOLD
TIME PERIOD
Q3 2013
Q1 2013
Q2 2013
TIME PERIOD
#
Avg $
Q1 2016
3,199,000
287
2,595,000
55
2,350,000
40
3,075,000
75
3,500,000
129
Q1 2016 287 4,898,697
Q4 2015
2,995,000
285
2,495,000
44
2,310,000
49
3,495,000
83
2,750,000
73
Q3 2015
2,975,000
329
2,497,500
46
2,525,000
39
3,080,000
71
2,690,000
Q2 2015
3,079,500
288
2,850,000
39
2,325,000
51
3,197,500
44
Q1 2015
2,795,000
261
2,250,000
42
2,084,625
39
3,300,000
Q4 2014
2,795,000
271
2,395,000
51
2,352,500
46
Q3 2014
2,847,500
328
2,595,000
47
2,362,500
Q2 2014
2,872,500
308
2,375,000
43
2,200,000
Q1 2014
Q2 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Total Change
Total % Change
19.68
3.02
2 3 6 .1 8
36.28
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
2,531,605 3,330
770 75
4,659,091 3,962
Q4 2015 285 4,358,817 3,980 1,060 44
3,544,954 3,404 1,039 49
3,364,954 3,408
1,001 83
4,593,205 4,477
1,009 73
124
Q3 2015 329 4,086,893 3,847 1,020 46
2,900,557 2,843
947 39
2,954,834 3,239
848 71
4,186,891
4,022
1,035 124 3,309,854
3,295,000
110
Q2 2015 288 4,268,594 3,983
1,017 39
3,535,518
3,509
928 51
2,976,981
3,575,091
3,729
41
2,797,000
102
Q1 2015 261 4,019,072 3,976
1,010 42
2,570,571
3,542
756 39
2,531,490 3,468
688 41
4,119,098
4,170
2,995,000
61
2,687,500
56
Q4 2014 271 4 ,0 52,1 3 3 3,955 1,009 51
2,826,696
3,475
771 46
2, 69 1 , 526 3,364
808 61
50
3,317,000
66
2,750,000
109
Q3 2014 328 4 ,1 37,720 3,984
1,035 47
4,070,551
3,789
1,100 50
3,500,204 3,660
48
3,437,500
46
2,395,000
124
Q2 2014 308 4,457,576 4,146
1,055 43
2,840,619
3,315
829 48
2,680,810 3,650
Q1 2014 268 4,510,775
1,057 43
3,084,872
3,804
754 37
2,632,971
3,461
736 54
2,721,712
3,258
798 48
1,825,415
2,905,553
3,251
3,297,500
268
2,575,000
43
1,870,000
54
6,094,500
5,495,000
101
Q4 2013
2,995,000
271
1,910,000
42
2,423,750
36
2,872,500
62
2,672,000
58
Q4 2013 271 4,413,147
4,091
1,055 42
2,661,829
Q3 2013
2,694,250
320
2,147,500
50
1,809,000
48
2,395,000
57
2,587,500
104
Q3 2013 320 4,124,171
3,971
1,017 50
2,570,654
Q2 2013
2,495,000
302
1,850,000
47
1,980,000
39
1,999,000
39
2,472,500
126
Q2 2013 302 3,883,578 3,937
970 47
2,377,298
3,379
694 39
Q1 2013
2,295,000
249
1,685,000
43
1,594,444
42
2,622,500
30
2,295,000
111
Q1 2013 249 3,734,626 3,973
932 43
1,858,090
3,102
590 42
4,201
Avg $/ SQFT SQFT
1,133 129 5,433,156 4,422
873 40
4,115
1,146 55
Avg $
24
Q1 2014
Q3 2014
Quarterly % Change
FOR SALE
NEW LISTINGS
Q4 2013
Quarterly Change SOLD $/SQFT
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q3 2013
4,498,219 3,935
1,198 1,155
3,371
982
4,156,585 3,909
961
1,055 102 3,703,233 3,832
951
4,634,733 4,060
1,082 56
939
970 66
4,028,377 4,103
1,016 109 3,364,983
3,515
988
741 46
5,660,821 4,499
1,204 124 3,829,242 3,825
965
675 41
4,344,659 3,893
3,532
753 62
3,946,379
2,287,807 3,320
690 57
3,918,582 3,843
2,380,290 3,471
683 39
3,282,562 3,864
3,164
577 30
4,085,344 4,502
3,510
3,498
791 44
3,816
981 110
3,538,302 3,814
1,116 101
3,657,399
3,919
929
1,053 58
3,933,102
3,797
1,052
1,021 104 3,717,759
3,752
952
834 126 3,534,737 3,696 1,035 111
3,298,479 3,921
953 846
PA C I F I C PA L I S A D E S
SOLD +27.2%
PA C I F I C PA L I S A D E S
SOLD +21.3%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
2,500
800
2,000
$/SQFT
$ In The Thousands
Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,000
3,000
1,500
600
400
1,000
200
500 0 Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
0
Q1 2016
Q1 2013
Quarterly Change
Quarterly % Change
Total Change
Total % Change
50,589.02
2.27
6 0 7, 0 6 8 . 1 9
2 7. 2 4
SOLD FOR SALE TIME PERIOD
AV E R A G E $ / S Q F T ( S O L D )
UNDER CONTRACT
SOLD
EXPIRED
Q2 2013
TIME PERIOD
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q3 2015
Q4 2015
Q1 2016
Total Change
Total % Change
14.48
1.77
173.76
21.29
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Q1 2016
3,299,000
210
2,772,000
64
2,757,000
56
3,695,000
51
3,197,000
128
Q1 2016 210 4,798,921 4,044
1,133 64
3,396,969
Q4 2015
3,395,000
193
2,847,500
58
2,630,000
60
3,749,000
53
2,895,000
81
Q4 2015 193 4,723,918 3,956
1,103 58
Q3 2015
3,450,000
217
3,135,000
64
2,923,000
72
2,995,000
41
3,349,000
115
Q3 2015 217 4,651,972
Q2 2015
3,450,000
222
2,800,000
91
2,569,000
99
4,975,000
29
3,410,000
136
Q2 2015 222 4,848,788 4,236
Q1 2015
3,272,500
200
2,892,000
78
3,100,000
57
3,374,500
36
2,995,000
121
Q1 2015 200 4,652,702 4,190 1,060 78
Q4 2014
3,250,000
169
2,195,000
49
2,200,000
55
3,375,000
41
3,274,500
72
Q4 2014 169 4,529,475 4,215
Q3 2014
2,794,000
196
2,495,000
68
2,540,000
94
3,195,000
31
2,495,000
108
Q2 2014
2,995,000
227
2,724,500
114
2,550,000
90
2,995,000
25
2,669,500
124
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
972 56
3,349,085
3,251
966 51
5,675,675
4,199
1,293 128 4,337,866
3,859
1,089
3,299,138
3,170 1,002 60
3,125,613
3,327
946 53
5,053,575
4,271
1,042 81
3,791,015
3,482
1,019
1,075 64
3,798,828
3,767 1,002 72
3,757,602
3,764
995 41
3,944,122
4,042
3,973,096
3,701
1,053
1,097 91
3,782,451
3,647 1,045 99
3,450,741
3,374
1,029 29
6,195,034
5,123
1,218 136 4,284,890 3,975
1,061
3,381,810
3,678
926 57
3,427,109 3,800
914 36
4,807,594 4,227
1,093 121
4,217,248
3,885
1,094
2,776,143
3,114
903 55
2, 8 1 5 , 492 3,295
845 41
5,102,360 4,684
1,101 72
4,1 61 ,792
3,812
969
Q3 2014 196 4,214,277 4,098 1,004 68
3,411,816
3,530
972 94
3,393,757 3,518
951 31
4 ,1 3 4,274 3,959
922 108 3,638,808 3,683
977
Q2 2014 227 3,924,975 3,967
966 114
3,235,556 3,470
914 90
3,119,264
3,445
890 25
3,564,360 4,028
921 124 3,467,468
3,712
927
Q1 2014 206 4,204,404 4,176
981 78
3,309,346
3,658
864 64
3,284,724 3,697
860 25
5,878,996
3,095
937 62
2,888,265 3,060
898 47
4,385,255 4,524
4,082
1,014 49
3,507
3,272,500
206
2,437,500
78
2,562,500
64
4,695,000
25
2,896,500
126
Q4 2013
3,250,000
181
2,245,000
54
2,445,000
62
3,295,000
47
2,895,000
83
Q4 2013 181
4,195
1,008 54
2,996,481
Q3 2013
2,875,000
207
2,325,000
83
2,200,500
101
3,149,000
26
2,595,000
99
Q3 2013 207 3,869,705 4,048
942 83
2,744,723
3,275
834 101
2,544,806 3,282
775 26
Q2 2013
2,695,000
237
2,099,000
105
2,100,000
101
3,147,000
24
2,395,000
149
Q2 2013 237 3,647,310 3,964
908 105 2,913,333
3,474
832 101
2,978,754 3,688
800 24
Q1 2013
2,899,500
182
2,597,000
72
2,329,500
52
2,900,000
22
2,750,000
109
Q1 2013 182 4,097,861 4,246
968 72
3,582
836 52
2,732,960
3,116
871 22
Q1 2014
Q2 2015
Quarterly % Change
FOR SALE
NEW LISTINGS
Q4 2013
Quarterly Change SOLD $/SQFT
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q3 2013
4,345,618
3,002,606
976 115
1,126 126 3,551,329
3,818
896
916 83
4,259,372 3,758
1,096
5,391,846 4,746
1,171 99
3,382,929 3,655
901
3,849,729 4,098
876 149 2,864,070 3,514
795
4,179,864 4,481
960 109 3,706,245
958
5,221
3,914
SUNSET STRIP
SOLD +24.9%
SUNSET STRIP
SOLD +36.2%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
2,000
AV E R A G E $ / S Q F T ( S O L D ) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,000
1,600
800
1,400 1,200
$/SQFT
$ In The Thousands
1,800
1,000 800
600
400
600 400
200
200 0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Quarterly % Change
Total Change
Total % Change
29,880.99
2.07
358,57 1.88
24.87
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
0
Q1 2016
Quarterly Change SOLD
TIME PERIOD
Q3 2013
Q1 2013
Q2 2013
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
#
Avg $
Q1 2014
Q2 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Total Change
Total % Change
20.48
3.02
245.82
36.25
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
Q1 2016
2,400,000
427
1,835,000
115
1,750,000
105
2,495,000
118
2,224,500
228
Q1 2016 427 3,892,950 3,360 1,098 115
2,737,720
2,637
Q4 2015
2,295,000
454
1,724,500
116
1,695,000
117
2,299,000
139
2,199,000
189
Q4 2015 454 3,754,845 3,140 1,064 116 2,551,295
2,752
940 117
Q3 2015
2,200,000
519
1,495,000
116
1,577,350
122
2,497,000
138
1,926,000
257
Q3 2015 519 3,498,792 3,054 1,008 116 1,998,825
2,362
Q2 2015
2,249,000
507
1,798,000
133
1,720,000
131
2,522,500
112
1,895,000
251
Q2 2015 507 3,465,887 3,054
1,011 133 2,535,526
Q1 2015
2,288,000
441
1,672,000
106
1,715,000
94
2,650,000
79
2,199,000
238
Q1 2015 441 3,521,378
1,005 106 2,351,153
Q4 2014
2,099,000
427
1,850,000
103
1,842,038
104
1,995,000
121
1,967,500
164
Q4 2014 427 3 ,1 4 0,725 3,153
Q3 2014
1,995,000
473
1,795,000
95
1,850,000
119
1,888,000
115
1,920,000
217
Q3 2014 473 2, 9 1 3 ,1 6 0
Q2 2014
1,997,750
462
1,799,000
123
1,699,000
113
1,990,000
83
1,997,500
239
Q2 2014 462 2,963,204
Q1 2014 419 2,928,568 3,281
SOLD Avg $
1,053 105 2,816,891
EXPIRED
Avg $/ SQFT SQFT # 2,775
1,034 118
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
3,399,287 3,304
Avg $
Avg $/ SQFT SQFT
959 228 3,607,930 3,396
1,067
830 139 4,094,013
3,221
1,048 189 3,374,651
2,941
1,075
770 122 2,046,487 2,366
774 138 3,747,239
3,199
1,064 257 3,251,343
2,931
964
2,618
894 131
2,384,277 2,573
865 112
3,925,910 3,326
1,043 251 2,990,710 2,789
960
2,545
895 94
2,494,518
2,862
868 79
3,761,632
3,585
973 238 3,397,589 3,058
976
964 103 2,598,980 2,878
899 104 2,464,066 2,717
877 121
2,7 1 9,778
3,115
888 164 3,073,1 65 2,863
1,001
3,155
906 95
2,618
854 119
2,314,078
2,715
831 115
2,797,41 5
3,215
852 217 2,700,733 3,074
852
3,112
908 123 2,592,205 2,755
843 113
2,210,885 2,683
757 83
3,111,973
3,297
858 239 2,803,118
2,912
952
769 100 2,057,914
725 77
3,426,366 3,806
789 209 2,584,549 3,096
746
762 100 2,583,644 3,274
766 141
2,626,386 3,067
823
2,613
668 81
954 226 2,502,119
2,976
2,741,868
3,831
739 227 2,452,292
3,110
774
3,338,119
3,642
875 176 2,557,674 3,072
804
3,177
2,306,643
1,899,000
419
1,699,000
119
1,527,500
100
2,100,000
77
1,749,000
209
824 119
2,220,038
Q4 2013
1,975,000
395
1,499,000
85
1,450,000
93
1,975,000
100
1,800,000
141
Q4 2013 395 2,861,053 3,269
842 85
2,174,735
2,794
Q3 2013
1,899,000
435
1,397,500
100
1,425,000
108
2,245,000
81
1,672,500
226
Q3 2013 435 2,907,936 3,247
853 100 1,914,932
2,481
Q2 2013
1,950,000
409
1,425,000
141
1,450,000
141
2,195,000
59
1,695,000
227
Q2 2013 409 2,795,881 3,309
823 141
2,001,926
Q1 2013
1,995,000
351
1,449,000
105
1,370,350
92
2,272,500
64
1,795,000
176
Q1 2013 351 2,950,731 3,361
848 105 2,240,210
Q1 2014
Q3 2014
Quarterly % Change
FOR SALE TIME PERIOD
Q4 2013
Quarterly Change SOLD $/SQFT
NEW LISTINGS
Q3 2013
2,858
786 93
2,166,774
2,633
2,765
2,030,602 2,702
736 108 1,816,843
2,770
723 141
2,156,798
2,791
760 59
2,847
766 92
1,930,684 2,964
661 64
3,872,386 3,788
796
W E S T H O L LY W O O D
SOLD +46.1%
W E S T H O L LY W O O D
SOLD +31.2%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
900
750 1,200
$/SQFT
$ In The Thousands
1,600
AV E R A G E $ / S Q F T ( S O L D )
800
600
450
300
400
150 0 Q1 2013
Q2 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
0
Q1 2016
Q1 2013
Quarterly Change
Quarterly % Change
Total Change
Total % Change
40,606.86
3.84
4 8 7, 2 8 2 . 2 9
46.06
SOLD FOR SALE TIME PERIOD
Q3 2013
UNDER CONTRACT
SOLD
EXPIRED
Q2 2013
TIME PERIOD
#
Avg $
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Quarterly % Change
Total Change
Total % Change
1 7. 4 7
2.60
209.63
3 1 .1 8
FOR SALE
NEW LISTINGS
Q4 2013
Quarterly Change SOLD $/SQFT
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q3 2013
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
Q1 2016
1,677,500
72
1,609,450
26
1,585,000
29
1,795,000
16
1,677,500
50
Q1 2016 72
1,880,954
2,216
815 26
1,845,265
2,040
878 29
1,638,556
1,759
894 16
1,962,250 2,020
825 50
1,938,900
2,291
836
Q4 2015
1,599,450
80
1,474,500
38
1,512,500
34
1,674,500
20
1,612,475
38
Q4 2015 80
1,725,005
1,890
870 38
1,589,729
1,690
902 34
1,667,785
1,847
848 20
1,955,350
2,110
927 38
1,792,863
1,764
903
Q3 2015
1,575,000
97
1,435,000
31
1,330,000
30
2,022,500
24
1,495,000
61
Q3 2015 97
1,738,999
2,032
836 31
1,605,852
1,738
886 30
1,471,224
1,688
882 24
2,042,912
2,524
770 61
1,690,489
1,979
836
Q2 2015
1,572,500
86
1,374,000
28
1,580,000
35
1,897,000
22
1,595,000
55
Q2 2015 86
1,765,129
2,081
827 28
1,598,911
1,888
836 35
1,743,014
1,983
826 22
1,884,932 2,233
807 55
1,745,669
1,972
879
Q1 2015
1,699,000
91
1,499,000
43
1,600,000
35
1,995,000
17
1,595,000
57
Q1 2015 91
1,905,976
2,252
790 43
1,824,993
2,055
801 35
1,846,239
2,114
762 17
2,304,694 2,736
835 57
1,931,575
2,296
793
Q4 2014
1,585,000
90
1,149,000
30
1,199,000
31
1,595,300
26
1,450,000
42
Q4 2014 90
1 ,761 , 5 1 7
2,089
783 30
1,573,455
1,773
824 31
1 , 3 67, 353
1,632
851 26
1 , 8 4 5,727 2,367
742 42
1 ,58 4,41 7 2,010
754
Q3 2014
1,469,500
102
1,250,000
33
1,190,000
33
1,499,999
21
1,469,500
62
Q3 2014 102 1,636,635 2,046
747 33
1,335,320
1,610
816 33
1 , 241 ,03 6
1,516
803 21
1,470,487 2,405
562 62
1 ,591 ,1 68
1,981
698
Q2 2014
1,349,000
81
1,099,000
29
1,253,260
35
1,199,000
12
1,174,000
52
Q2 2014 81
1,454,553
1,924
764 29
1,210,983
1,684
740 35
1,427,415
1,743
762 12
1,201,325
1,768
649 52
1,353,106
1,744
787
1,942
767 28
1,393,354
1,576
791 29
1,334,914
1,748
660 11
1,688,909 2,045
823 34
1,526,257
1,854
777
1,940
659 29
1,521,882
1,959
680 18
1,334,833
1,877
711 39
1,593,762
1,900
732
2,013
725 26
1,296,585 1,834
685 16
1,611,934
2,000
777 53
1,483,692
1,851
745
1,194,435
1,621
740 13
1,018,985
1,716
596 53
1,249,316
1,716
715
1,331,871
1,870
707 9
1,325,222
2,104
2,104 50
1,443,279 2,091
696
1,387,000
68
1,214,950
28
1,077,884
29
1,749,000
11
1,324,500
34
Q1 2014 68
1,544,841
Q4 2013
1,250,000
85
1,125,000
33
1,200,000
29
1,122,000
18
1,350,000
39
Q4 2013 85
1,488,849
1,961
712 33
1,496,021
Q3 2013
1,235,000
85
1,150,000
23
1,046,500
26
1,545,000
16
1,250,000
53
Q3 2013 85
1,489,982 2,005
718 23
1,585,304
Q2 2013
1,099,000
81
1,069,500
36
1,090,000
39
1,049,000
13
1,099,000
53
Q2 2013 81
1,298,649
1,892
691 36
1,220,307
1,621
734 39
Q1 2013
1,189,475
78
1,300,000
41
1,250,000
31
1,179,000
9
1,199,975
50
Q1 2013 78
1,361,990
2,041
678 41
1,349,546
1,899
708 31
Q1 2014
U LT R A L U X
1895 Rising Glen $19,750,000
U LT R A L U X
U LT R A L U X
MEDIAN PRICE
SOLD +9.6%
$/SQFT
SOLD +23%
$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
8
$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
1,500
1,250
6 5
$/SQFT
$ In The Thousands
7
4
500
1
250
0
0 Q1 2013
Q2 2013
SOLD -7.6%
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2013
Q1 2016
SOLD -0.7%
$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
14
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
2,000
12
1,750
10
1,500
$/SQFT
$ In The Thousands
750
3 2
8 6
1,250 1,000 750
4
500
2
250 0
0 Q1 2013
Q2 2013
SOLD +21.6%
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q1 2013
SOLD +65.2%
$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
35
3,500
30
3,000
25
2,500
$/SQFT
$ In The Thousands
1,000
20 15
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 1 2 0 1 3 - 2 0 1 6
2,000 1,500
10
1,000
5
500
0
Q2 2013
0 Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q1 2013
Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014