MARKET REPORT 2016 Q2
1
TA B L E O F C O N T E N T S
10
BEL-AIR The Q2 median price of a home in Bel-Air (which now extends out all the way to Mulholland Drive) was $2,085,000, a 13.8% decline from Q2 of last year. The good news for Bel-Air residents: the average price per square foot of Bel-Air property is near a 3-year-high ($1,089), and an impressive 43.3% higher the neighborhood’s 3-year-low.
12
BEVERLY HILLS Beverly Hills home values grew from Q1 to Q2, marking the first increase in price per square foot since Q3 2015, and only the second increase in the last six quarters. The average price per square foot in Beverly Hills in Q2 was $1,336, meaning value is still abundant throughout the city.
14
BEVERLY HILLS POST OFFICE Beverly Hills Post Office remains one of the most volatile areas in Los Angeles. The previous two quarters have remained steady with an average median price of around $2,400,000. Although 16.1% below the area high of $2,850,000, this Q2 metric remains significantly higher than last year’s low point of $1,734,000.
16
BRENTWOOD Virtually no area of Los Angeles has enjoyed a more stable three-year-growth than Brentwood. Since Q2 of 2013, the median price of homes has increased 22.9% from $2,400,000 to $2,950,000. The average price per square foot of homes during that same period has increased 22.5% from $844 to $1,034.
18
CENTURY CITY Century City enjoyed its highest priced quarter ever, with a median sales price of $2,250,000, an unbelievable 70.1% higher than the same metric’s value in Q2 of 2013. The area was also more active than it had been in nearly two years, with 53 sales.
2
20 22
HANCOCK PARK Hancock Park joins Brentwood as one of the most stable and consistent growth markets in Los Angeles. The median price of a home in Hancock Park this past quarter was $1,550,000, up 29,3% from Q2 2013. The average price per square foot of a home was $662, a vast improvement on the $547 average of three years ago.
HOLLYWOOD HILLS Although not as active as it had been in mid-to-late 2015, the Hollywood Hills still enjoys more sales than most other areas in Los Angeles, with 146 units sold this past quarter. The average price per square foot regressed to $811 after Q1 set a record of $944.
24
MALIBU Malibu’s high-end market enjoyed a tremendous flurry of activity, with the median price of a home climbing to $2,788,000, a 10.4% increase from the next highest quarter in the last three years. Across all aspects of the Malibu region, the average price per square foot of a home climbed to $887, a 12.4% increase from the previous quarter.
26 28 30
PACIFIC PALISADES The Pacific Palisades would have to be labeled as one of the great “opportunity” markets in Los Angeles, with a median sales price of $2,500,480, 19.3% lower than its Q1 2015 high of $3,100,000. While median prices have fallen, the average price per square foot of homes in the Pacific Palisades has steadily grown over the last three years, up 25.4% to $1,003 in Q2 2016.
SUNSET STRIP As buyers moved into Q2 2016, the Sunset Strip enjoyed steady value growth, while also reinforcing itself as one of the most desirable neighborhoods in Los Angeles. The Strip enjoyed a third consecutive quarter of median price increase, climbing to $1,826,000. Homes also sold quicker, and for a greater percentage of the original listing price than in Q1.
WEST HOLLYWOOD Since Q1 2015, West Hollywood property values have risen to a level they had failed to approach in the years past. Prior to Q1 2015, the area had never eclipsed a median sales price of $1,253,260. Since then, the average median sales price is $1,540,000, the most recent quarter setting the record high at $1,612,000.
34
ULTRA-LUX
Based on information from the Multiple Listing Service as of July 06, 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.
3
864 STRADELLA $48,500,000 4
Welcome to the Hilton & Hyland Market Report, our examination of the 2016 second quarter sales figures in 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 in the luxury real estate market, it gives us great pleasure to present this comprehensive report. Throughout the following pages, you will find a detailed analysis on all key neighborhoods in the Los Angeles area, along with specific insights into the ultra-luxury market. This most recent quarter enjoyed much more activity than the period that preceded it. Rates remained low, money was relatively cheap, and most Los Angeles areas saw a significant property value increase. When looking at the ultra-luxury market across Los Angeles, the most recent quarter produced the highest median sales price in over three years, and a 2.97% increase since Q2 2015. Homes also moved much quicker than in previous quarters. The average number of Days on Market (DOM) for a Los Angeles home in Q2 was 65, tied for the lowest in years. Across the board, the market has shown that it remains one of the most reliable and sought-after locations in the world, with increased values, and decreased turnaround time. 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 invite you to contact us with any questions that you may have when it comes to your individual real estate needs. Warmest regards, Rick Hilton & Jeff Hyland
5
2016 HILTON & HYLAND SIGNIFICANT SALES
720 N ALTA DR Beverly HiIls $24,995,000 6
BEL-AIR ESTATE
BEL-AIR
$39,995,000
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
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
9006 THRASHER
SUNSET STRIP
$10,999,000
Represented buyer and seller
Represented buyer and seller
Represented buyer and seller
Represented buyer and seller
7
9133 ORIOLE WAY Sunset Strip $27,995,000
9152 JANICE PL 8
Beverly Hills $14,895,000
1814 DOHENY DR Sunset Strip $23,950,000
2012 LA MESA DR Santa Monica $11,995,000
9
B E L-A I R
$ In The Thousands
SOLD +4.1%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
3,000
2,000
1,000
0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
7, 1 6 8 . 2 6
0.34
8 6 ,0 1 9 .1 8
4.07
FOR SALE
10
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016 3,274,500
228
2,590,000
51
2,085,000
44
3,337,500
54
2,845,000
118
Q1 2016 3,138,500
178
1,774,000
33
2,152,000
23
2,940,000
43
2,920,000
98
Q4 2015 3,750,000
157
2,649,162
24
2,212,500
29
5,200,000
57
2,950,000
46
Q3 2015 3,495,000
191
2,172,500
40
2,015,000
43
3,487,500
40
3,345,000
86
Q2 2015 3,200,000
195
2,225,000
52
2,417,500
44
3,525,000
38
2,698,700
100
Q1 2015 3,299,000
176
1,999,999
39
2,385,000
45
3,699,450
42
2,987,500
78
Q4 2014 3,297,000
180
2,347,000
44
1,750,000
39
2,672,000
38
2,699,500
58
Q3 2014 3,225,000
186
1,795,000
27
1,985,000
33
3,895,000
37
2,299,000
79
2,856,900
30
3,347,000
42
2,595,000
87
Q2 2014 3,200,000
187
2,287,000
38
Q1 2014 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
Q3 2013 2,995,000
198
2,200,000
47
1,912,500
36
4,187,500
26
2,695,000
90
Q2 2013 2,950,000
189
2,372,500
46
2,025,000
49
3,250,000
35
2,495,000
87
B E L-A I R
SOLD +14.8%
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 2 2 0 1 3 - 2 0 1 6
1200
$/SQFT
1000 800 600 400 200 0 Q2 2013
Q4 2013
Q2 2016
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
10.70
1.24
128.37
14.83
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
5,685
1,082 43
3,960,999
4,138
937 35
3,409,429 4,052
830
35
7,015,803 6,000
983 70
4,662,985 4,620
1,354
Q1 2016 174 8,424,735 5,678
1,349 33
2,715,384
2,843
968 24
3,683,458 4,063
923
35
9,182,229 6,999
1,128 99
7,245,958 5,087
1,362
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
44 7,660,225
5,435
1,381 46
8,161,801
4,260
1,242
Q3 2015 191 7,796,269
5,754
1,253 40
2,734,576
3,362
816 43
2,532,952
3,332
760
57 10,940,544 6,336
1,477 86
6,962,418
5,097
1,185
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
40 6,296,600 5,010
1,171 100 6,143,463 4,889
1,239
176 8,046,988 5,840
1,271 39
5,788,715
4,721
1,152 45
4,735,044 4,523
990
38 6,125,292
4,926
981 78
990
42 10,368,402 6,374
Q1 2015
180 7,541,644
6,704,141
5,263
1,214
1,687 58
7,636,560 4,790
1,164
Q4 2014 180 7,064,597 5,343
1,203 44
4,486,523 3,988
1,087 39
Q3 2014
186 6,453,405 5,308
1,206 27
3,004,848 3,564
840 33
4,136
839
38 4,759,829 4,610
1,026 79
5,698,582 4,672
1,056
Q2 2014
187 6,915,889 5,333
1,142 38
4,984,000 4,053
917 30
5,462,086 4,258
963
37 7,8 51,2 3 0 5,620
1,400 87
5,606,589 4,765
1,211
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
42 8,422,237 5,335
1,047 68
8,449,059 4,908
998
Q4 2013
171
6,537,603 5,406
1,140 41
2,960,046
3,687
815 54
2,983,416 3,977
769
29 6,590,069 5,744
1,112 46
4,480,177 4,339
1,185
Q3 2013
198 6,876,511
5,315
1,116 47
3,651,454
3,938
927 36
3,836,761 4,051
947
35 6,219,407
5,174
1,189 90
5,881,498 4,755
967
Q2 2013
189 6,718,950 5,379
1,046 46
4,176,391
3,992 1,050 49
3,705
893
26 10,695,731
5,714
1,071 87
4,644,674 4,816
975
3,600,536 3,433 3,378,767
3,316,122
11
B E V E R LY H I L L S
SOLD +9.6%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
$ In The Thousands
6,000 5,000 4,000 3,000 2,000 1,000 0
Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
35,540.66
0.80
4 2 6 , 4 8 7. 9 2
9.59
FOR SALE
12
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016 6,995,000
192
5,995,000
51
5,275,000
34
6,995,000
57
5,995,000
91
Q1 2016
7,925,000
166
4,297,500
32
4,270,000
40
7,134,000
46
7,584,500
88
Q4 2015
7,134,000
158
5,245,000
42
5,491,250
30
7,544,000
38
6,447,500
66
Q3 2015
7,495,000
145
3,749,000
27
5,015,000
40
7,800,000
26
6,250,000
72
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
80
Q4 2014
6,990,000
132
3,999,000
27
3,080,000
35
6,577,500
38
4,995,000
51
Q3 2014
5,450,000
149
4,090,000
42
3,830,000
40
4,772,500
26
4,000,000
69
Q2 2014
5,499,000
158
2,695,000
46
3,875,000
51
5,245,000
32
4,795,000
75
Q1 2014
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
Q3 2013
5,700,000
179
5,395,000
41
4,762,500
50
5,797,500
26
4,872,500
80
Q2 2013
5,975,000
169
4,195,000
47
4,225,000
46
5,500,000
23
5,180,000
85
B E V E R LY H I L L S
SOLD +27.2%
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 2 2 0 1 3 - 2 0 1 6
1,600 1,400
$/SQFT
1,200 1,000 800 600 400 200 0
Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
25.60
2.27
3 0 7. 2 3
2 7. 2 2
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
SOLD
Avg $/ SQFT SQFT #
Q2 2016 192 9,783,592
5,631 1,658 51
7,998,962
Q1 2016 166 11,114,964
5,852 1,801 32
5,481,750
4,111 1,223
Q4 2015 158 10,316,123 5,833 1,750 42
6,912,857
Q3 2015 145 10,227,703 5,846 1,672 27
Avg $/ SQFT SQFT #
Avg $
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
5,114
1,336 57
8,888,711
5,298
1,571 91
7,412,951 4,787
1,382
40
5,502,956 4,260
1,234 46
11,651,434
5,812
1,846 88
9,696,238 5,468
1,635
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
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
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
8,465,852
4,749
1,751
35
7,012 ,350 4,721
1,544 38
7,430,474 5,665
1,332 51
7,566,755 4,907
1,578
5,673,070 4,424 1,340
40
4,958,723 4,347
1,156 26
7,17 1,3 08
5,253
1,441 69
6,642,971 4,479
1,562
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
Q4 2013 153 7,869,244
5,621 1,298 38
8,187,447
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
Q3 2013 179 7,573,270
5,461 1,305 41
5,573,512
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
Q2 2013 169 7,580,628 5,810 1,222 47
5,804,829
5,201
1,144
46
5,233,010 5,354
983 23
6,489,471 5,765
973 85
6,457,496 4,997
1,201
Q1 2015 147
Q4 2014 132 8,41 6,1 73
5,573
Q3 2014 149 7,7 1 6,4 65
5,418 1,444 42
Q2 2014 158
5,177 1,287 46
6,867,646
1,517 27
4,858,674
5,195 1,474 34
Avg $
EXPIRED
3,785
6,832,926
5,158
4,741
13
B E V E R LY H I L L S P O S T O F F I C E
SOLD +20.8%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
$ In The Thousands
3,000 2,500 2,000 1,500 1,000 500
0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
3 7, 2 9 3 . 4 8
1.73
4 4 7, 5 2 1 . 7 6
20.79
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties 4,250,000
253
2,774,500
44
2,390,000
38
4,250,000
74
3,892,500
136
Q1 2016 3,999,000
199
2,647,000
34
2,445,000
25
4,299,000
71
3,774,500
98
Q4 2015 3,897,500
208
2,795,000
33
2,850,000
45
3,750,000
74
3,695,000
73
Q3 2015 3,595,000
222
2,975,000
43
2,525,000
43
3,047,000
44
3,100,000
105
Q2 2015 3,822,500
216
2,525,000
47
2,795,000
43
4,525,000
52
3,322,500
100
Q1 2015 3,595,000
209
2,022,500
38
1,734,000
28
3,190,000
55
3,645,000
98
Q4 2014 3,150,000
205
3,100,000
37
2,597,500
44
2,999,000
57
3,074,500
68
Q3 2014 2,997,000
208
2,497,000
34
2,681,500
36
2,750,000
37
2,395,000
85
Q2 2014 2,795,000
203
2,212,000
38
2,152,500
44
2,660,000
42
2,399,000
91
Q1 2014 2,950,000
185
2,300,000
43
2,415,000
34
2,972,500
30
2,825,000
83
Q4 2013 2,930,000
184
2,195,000
35
1,915,000
37
2,870,000
47
2,950,000
53
Q3 2013 2,724,500
218
1,999,999
47
2,135,178
48
3,022,000
40
2,485,000
110
Q2 2013 2,850,000
175
2,162,500
38
2,250,000
41
2,875,000
29
2,494,000
92
Q2 2016
14
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
B E V E R LY H I L L S P O S T O F F I C E
SOLD +28.7%
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
$/SQFT
1000 800 600 400 200
0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
1 7. 5 2
2.40
210.25
2 8 . 74
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
1,199 136 7,209,483 4,959
Q2 2016
253 7,252,418
5,285 1,262 44
3,506,994
3,862
887 38
2,909,051
3,791
790 74
Q1 2016
199 6,489,456
5,248
1,188 34
2,679,706
3,686
767 25
3,453,303
3,541
975 71
6,407,246
5,418
1,202 98
5,218,564 4,644
1,066
Q4 2015
208 7,122,839
5,066
1,189 33
4,566,604 4,294
1,058 45
3,912,644 3,922
991 74
7,444,189 4,373
1,075 73
5,783,309 4,631
1,207
Q3 2015
222 6,469,956
4,760
1,148 43
4,583,253 4,067
1,127 43
1,031 44
4,088,216 3,890
1,036 105 4,610,513
Q2 2015
216 6,670,001
Q1 2015
209 6,172,798
4,933 4,768
1,187 47
3,537,104
1,131 38
2,978,314
3,696
904 43
4,158,243
3,879
3,347,896 3,905
848 52
6,662,938 5,273
6,197,113 4,665,271
5,134
1,309
4,104
982
1,199 100 5,203,713 4,653
1,098
994 98
5,398,847 4,749
3,419
831 28
2,458,071
4,705,162
4,190
860 44
4,016,730
4,119
806 57
3,827,007 4,313
887 68
5,892, 8 21 3,987
916
873 36
857 37
5,269,092 4,053
1,161 85
4,061,927 4,020
1,038
4,238,595 4,156
1,020 91
3,321,583 3,748
876
5,281
994 83
4,925,952 4,321
1,009
874 53
5,027,792 4,791
965
1,064 110 3,329,009 3,800
859
3,132
731 55
4,812
Q4 2014
205 5,625,649
4,543 1,027 37
Q3 2014
208 5,077,788
4,546 1,036 34
3,590,762
4,233
3 ,57 1,8 37
4,181
Q2 2014
203 5,077,788
4,546 1,036 38
3,380,138
3,603
937 44
3,272,719
3,576
804 42
Q1 2014
185 5,668,129
4,943 1,046 43
3,857,465
4,065
819 34
3,532,850 4,304
818 30
Q4 2013
184 4,999,018
4,714
991 35
2,864,229
3,543
811 37
2,835,468 3,476
809 47
3,825,987 4,001
Q3 2013
218 4,436,593
4,405
971 47
2,951,808
3,819
781 48
2,851,675 3,982
736 40
4,377,400 4,188
Q2 2013
175 4,788,330
4,767
971 38
3,350,895
4,218
763 41
3,159,251
4,239
679 29
3,780,603 4,504
5,140,197
862 92
3,484,215
4,151
1,117
834
15
B R E N T WO O D
SOLD +22.1%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
$ In The Thousands
3,000 2,500 2,000 1,500 1,000 500 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
4 3 , 5 4 7. 5 3
1.84
522,570.33
22.08
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
3,250,000
245
2,800,000
75
2,950,000
73
3,370,000
58
2,995,000
129
Q1 2016
3,395,000
210
2,595,000
55
2,559,100
42
3,895,000
43
2,999,500
121
Q4 2015
3,450,000
185
2,796,500
48
2,925,000
54
4,217,000
50
3,395,000
64
Q3 2015
3,225,000
224
2,795,000
53
2,775,000
56
3,275,000
50
6,250,000
116
Q2 2015
2,999,000
215
2,599,000
69
2,796,725
72
3,647,000
38
2,995,000
122
Q1 2015
3,297,000
174
2,890,000
50
2,800,000
33
3,995,000
31
3,295,000
105
Q4 2014
2,795,000
167
2,368,500
62
2,420,000
70
3,097,000
36
2,822,500
68
Q3 2014
2,950,000
188
2,495,000
60
2,525,000
64
3,649,000
29
2,595,000
83
69
2,922,500
32
2,950,000
103
24
2,995,000
100
2,950,000
204
2,750,000
67
Q1 2014
2,950,000
172
2,895,000
47
2,530,000
33
2,495,000
Q4 2013
2,875,000
165
2,395,000
54
2,320,000
55
3,988,000
39
2,850,000
68
Q3 2013
2,599,000
179
2,295,000
53
2,352,500
64
2,799,000
29
2,397,000
88
Q2 2013
2,799,000
194
2,595,000
79
2,400,000
79
4,247,500
24
2,872,000
106
Q2 2014
16
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
2,775,000
B R E N T WO O D
SOLD +17.2%
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 2 2 0 1 3 - 2 0 1 6
1,200
$/SQFT
1,000 800 600 400 200
0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
12.36
1.44
148.33
1 7. 2 3
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT #
SOLD Avg $
EXPIRED
Avg $/ SQFT SQFT #
Avg $
Q2 2016
245 4,886,980
4,315 1,056
75
3,881,228
3,670
1,020 73
4,045,317
3,822
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
Q4 2015
185 5,095,705 4,404 1,051
48
4,714,958
4,123
1,121 54
4,670,852
4,139
Q3 2015
224 4,777,724
4,344
999
53
3,504,604
3,561
966 56
3,458,812
Q2 2015
215 4,358,015
4,180
998
69
3,286,261
3,413
946 72
Q1 2015
174 4,151,922
5,380
937
50 3,452,698
3,771
918 33
Q4 2014
167 3,760,228
3,939
920
62
2,997
Q3 2014
188 3,995,652
4,169
948
60 3,656,300
Q2 2014
204 4,273,671
4,278
992
67
Q1 2014
172 4,317,035
4,218 1,003
47
3,498,751
Q4 2013
165 4,149,113
4,354
918
54
3,562,815
Q3 2013
179 3,675,845
4,075
855
53
Q2 2013
194 3,834,221
4,115
876
79
NEW LISTINGS
Avg $/ SQFT SQFT #
Avg $
Avg $/ SQFT SQFT
963 129 4,290,613
4,045 1,044
8,412
604 118 4,657,818
5,445
1,123 50 4,617,959
4,121
1,076 64 4,708,320
3,629
941 50 4,861,864
4,713
958 116 4,739,533
3,317,946
3,475
934 38
3,312,292
3,834
903 70
3,754
974 64
1,034 58
5,589,422 4,767
847
4,142 1,096 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
4,547,2 11
4,922
940 68
3,686,464 3,847
958 29
4,608,586 4,744
961 83
4,686,104 4,080
1,148 69
3,897,987 4,015
971 32
3,497,656
3,793
910 33
3,242,322 3,337
957 24
3,814,875
4,012
880 55
3,361,532 3,978
838 39
4,820,218 4,897
937 68
2,923,755
3,307
803 64
3,225,338 3,490
840 29
3,395,724
766 88
3,299,899
3,519
910 79
2,875,507 3,392
844 24
4,600,000 5,389
2,690,210
3,379,450 3,470
904
3,758
973
4,016
871 103 3,740,748 3,946
934
3,297
973 100 4,383,070
4,281
3,677,684
4,139 1,054
4,118,563
4,213
944
3,241,244
3,875
824
785 106 3,927,972 4,094
928
17
CENTURY CITY
SOLD +28.0%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
$ In The Thousands
2,400 2,000 1,600 1,200 800 400
0
Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
3 4 , 6 3 3 .1 3
2.33
4 1 5 , 5 9 7. 5 5
28.00
FOR SALE
18
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
2,094,500
128
1,995,000
55
2,193,292
52
2,249,000
23
1,949,000
77
Q1 2016
1,999,999
117
1,679,000
47
1,631,000
42
2,272,000
48
1,995,000
87
Q4 2015
1,999,450
110
1,799,000
43
1,806,500
43
2,495,000
37
1,799,000
50
Q3 2015
1,895,000
133
1,537,500
50
1,650,000
52
1,795,000
23
1,750,000
79
Q2 2015
1,795,000
111
1,589,000
43
1,685,000
40
1,772,000
14
1,672,500
82
Q1 2015
1,725,000
81
1,695,000
39
1,680,000
26
1,725,000
13
1,659,000
49
Q4 2014
1,699,000
81
1,522,000
24
1,578,750
38
1,795,000
25
1,699,000
33
Q3 2014
1,950,000
113
1,949,500
52
2,050,000
61
2,295,000
13
1,750,000
61
Q2 2014
1,795,000
127
1,795,000
57
1,610,000
45
1,600,000
18
1,792,000
92
Q1 2014
1,749,000
77
1,724,000
34
1,726,900
28
1,774,500
8
1,699,000
49
Q4 2013
1,596,500
98
1,447,500
46
1,450,000
52
1,674,500
24
1,649,000
43
Q3 2013
1,619,000
110
1,475,000
39
1,610,500
37
2,445,000
16
1,598,000
61
Q2 2013
1,519,000
104
1,475,000
47
1,322,500
59
1,575,000
8
1,549,000
73
CENTURY CITY
SOLD +29%
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 2 2 0 1 3 - 2 0 1 6
1,000
$/SQFT
800
600
400
200
0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
16.42
2.42
1 9 7. 0 9
29.0
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
838
55
2,480,935
2,856
871 52
2,523,792 2,869
882 23
2,390,043 3,074
770 77
2,421,122
2,965
813
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 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 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 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 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 81
2 ,1 95 ,3 19 2,835
779
24
1,761,438
2,860
793 38
1,793 ,7 11
2,278
783 25
2 ,187,3 48 3,097
706 33
1,904,870 2,539
758
2 ,2 05 ,611 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
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
2,553
744 8
1,717,625
2,218
724 49
1,906,306
2,691
711
Q2 2016 128 2,586,562 3,089 Q1 2016 117
2,668,763
Q3 2014
113
Q2 2014
127 2,163,976
Q1 2014 77
2,023,612
2,691
749
34
2,010,353
2,770
725 28
1,920,662
Q4 2013 98
1,928,526
2,631
729
46 1,628,913
2,333
698 52
1,602,789 2,353
680 24
2,152,350
3,135
687 43
1,705,081
2,485
686
Q3 2013 110 2,037,445 2,827
717
39
1,798,718
2,633
672 37
1,935,265 2,686
716 16
2,393,250
3,518
680 61
2,022,525
2,781
729
Q2 2013 104 1,900,279 2,734
691
47
1,736,085
2,480
706 59
1,645,603 2,468
671 8
1,911,000
3,294
580 73
1,809,082 2,606
685
19
H A N C O C K PA R K
SOLD +27.3%
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
1600
$ In The Thousands
1400 1200 1000 800 600 400 200 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
2 6 , 3 1 8 .1 4
2.28
3 1 5 , 8 1 7. 6 6
2 7. 3 3
FOR SALE
20
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
1,499,000
198
1,442,000
79
1,550,000
73
1,320,000
49
1,599,000
115
Q1 2016
1,496,500
186
1,496,500
64
1,468,168
54
1,595,000
39
1,499,000
115
Q4 2015
1,398,500
194
1,395,000
67
1,353,000
66
1,469,500
56
1,398,500
88
Q3 2015
1,348,000
215
1,349,000
53
1,505,000
59
1,257,500
56
1,350,000
120
Q2 2015
1,292,000
222
1,397,450
84
1,276,500
88
1,089,000
43
1,349,500
136
Q1 2015
1,226,000
188
1,199,000
67
1,252,412
62
1,378,000
35
1,249,500
124
Q4 2014
1,199,800
201
1,224,000
80
1,255,000
77
1,199,000
57
1,199,800
87
Q3 2014
1,280,000
225
1,285,000
72
1,255,000
80
1,390,000
39
1,287,500
122
1,275,000
127
Q2 2014
1,289,000
225
1,373,500
80
1,290,000
69
1,250,000
42
Q1 2014
1,249,000
197
1,197,500
64
1,243,500
62
999,000
35
1,260,996
115
Q4 2013
1,199,000
186
1,279,500
64
1,300,000
80
1,075,000
40
1,199,500
92
Q3 2013
1,199,999
207
1,199,000
74
1,125,000
73
1,450,000
39
1,195,000
129
Q2 2013
1,250,000
191
1,224,000
80
1,199,000
71
1,198,000
33
1,237,000
114
H A N C O C K PA R K
SOLD +24.2%
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
700 600
$/SQFT
500 400 300 200 100 0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
11.01
2.02
1 3 2 .1 4
24.21
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
Q2 2016
198 2,185,208
3,165
689 79
2,007,323
2,940
682 73
1,948,521
2,940
662 49
1,791,733
2,855
628 115
2,312,568
3,136
738
Q1 2016
186 2,028,113
3,183
635 64
1,917,957
2,974
645 54
1,967,553 3,004
660 39
2,250,102
3,492
646 115
2,056,433
3,134
654
Q4 2015
194 1,938,163
3,079
621 67
2,019,292
2,957
687 66
1,904,877
2,818
676 56
1,785,211
3,142
568 88
1,921,859
3,050
632
Q3 2015
215 1,948,413
3,073
633 53
1,715,032
2,634
651 59
1,851,479
2,875
652 56
2,163,074
3,296
656 120 1,861,353
2,885
645
Q2 2015
222 1,904,324 2,750
621 84
1,964,924
2,926
677 88
1,732,699
2,721
637 43
1,445,579
2,785
512 136 2,077,720 3,208
652
Q1 2015
188 1,608,861 2,806
573 67
1,475,014
2,507
586 62
1,616 ,0042,2,729
583 35
1,812,856
2,954
564 124 1,573,185
2,667
587
Q4 2014
201 1 ,65 6,910 2,886
579 80
1,709,439
2,769
613 77
1,786,605
2,831
632 57
1,559,525
2,742
569 87
1,741,421
2,837
608
Q3 2014
225 1,731,606
3,109
593 72
1,817,120
2,826
643 80
1,717,256
2,780
616 39
1,980,598 3,286
603 122 1,573,624
2,693
579
Q2 2014
225 1,881,481
3,103
600 80
1,995,220
3,114
638 69
1,771,972
2,936
600 42
1,573,489
3,103
514 127 1,826,679
2,874
638
Q1 2014
197 1,775,001
3,023
560 64
1,599,195
2,756
565 62
1,816,020 3,044
586 35
1,599,474
2,867
558 115
1,799,224
3,152
554
Q4 2013
186 1,802,383
3,171
594 64
1,731,489
2,940
589 80
1,739,787
3,019
581 40
2,041,588
3,131
652 92
Q3 2013
207 1,853,216
3,203
578 74
1,699,578
3,004
567 73
1,442,185
2,772
521 39
2,007,254 3,416
Q2 2013
191
1,867,940 3,314
570 80
1,581,787
2,925
550 71
1,556,392 2,863
547 33
1,714,617
3,123
1,692,165
2,768
607
582 129 1,627,631
2,854
566
549 114
3,104
573
1,746,814
21
H O L LY W O O D H I L L S
SOLD +18.6%
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
$ In The Thousands
1400 1200 1000 800 600 400 200 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
20,925.31
1.55
2 5 1 ,1 0 3 . 6 6
18.56
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
2,247,000
611
1,695,000
151
1,591,000
146
2,672,000
172
1,995,000
342
Q1 2016
2,187,000
524
1,624,000
148
1,562,500
134
2,262,500
142
1,995,000
289
Q4 2015
1,999,499
560
1,527,000
147
1,472,500
154
1,912,000
178
1,925,000
239
Q3 2015
1,879,000
643
1,300,000
157
1,485,000
166
2,250,000
165
1,693,000
317
Q2 2015
1,950,000
645
1,687,000
178
1,544,750
171
2,200,000
141
1,750,000
342
Q1 2015
1,995,000
538
1,519,500
142
1,580,000
120
2,399,000
93
1,979,000
291
Q4 2014
1,849,000
539
1,547,500
134
1,590,000
141
1,795,000
158
1,787,000
204
Q3 2014
1,799,000
610
1,495,000
129
1,495,000
153
1,868,500
146
1,685,000
297
1,799,000
585
1,667,000
165
1,459,000
51
1,795,000
107
1,699,000
308
Q1 2014
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
Q3 2013
1,699,000
563
1,299,000
146
1,350,000
146
1,995,000
100
1,595,000
287
Q2 2013
1,699,000
537
1,325,000
181
1,255,000
192
1,944,500
80
1,499,000
311
Q2 2014
22
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
H O L LY W O O D H I L L S
SOLD +29.3%
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
$/SQFT
800
600
400
200
0 Q2 2013
Q4 2013
Q2 2016
611
Q1 2016
524 3,465,168
Q4 2015
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
1 6 .1 2
2.44
1 93 . 47
29.30
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
2,310,787
2,634
866 146
2,152,429 2,494
811 172 4,488,243
3,783
1,135 342 3,179,161
3,078
989
3,201
1,026 148 2,434,924
2,573
960 134
2,505,792 2,679
951 142 3,081,580
3,168
906 289 3,171,331
3,181
997
560 3,425,311
3,123
990 147 2,338,082
2,741
870 154
1,958,959
770 178 3,793,499 3,307
978 239 2,998,058 2,866
988
Q3 2015
643 3,178,951
3,010
938 157 1,782,412
2,287
715 166
1,856,761
2,344
726 165 3,409,627
993 317 2,880,154
2,799
901
Q2 2015
645 3,129,262
3,043
927 178 2,267,367
2,583
823 171
2,141,345
2,507
801 141
3,430,679 3,253
938 342 2,746,369 2,876
871
815 120
2,223,238 2,739
805 93
3,522,999 3,565
928 291 3,061,963 2,984
912
Q1 2015
3,578,178
538 3,162,074
3,284 1,044 151
3,082
936 142 2,073,529
2,461
2,561
3,121
Q4 2014
539 2,793,568 3,035
889 134 2,321,778
2,758
836 141
2 ,187,6 59 2,622
813 158 2,433,228 3,021
814 204 2,768,276 2,791
923
Q3 2014
610 2 ,591 ,613 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
3,126
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
Q4 2013
497 2,603,111
3,224
778 118 1,935,231
2,726
717 129
1,800,262
2,611
698 129 2,499,390 3,434
710 180 2,345,886 2,937
767
Q3 2013
563 2,587,944
3,171
778 146 1,673,244
2,398
666 146
1,651,589
2,516
631 100 3,412,322 3,630
875 287 2,247,805 2,886
737
Q2 2013
537 2,512,990 3,243
751 181 1,836,942
2,738
669 192
1,890,827 2,682
700 311
705
689 80
3,012,592
2,563,707 3,667
2,218,254 3,076
23
MALIBU
SOLD +30.3%
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
2,800
$ In The Thousands
2,400 2,000 1,600 1,200 800 400 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
49,614.03
2.53
595,368.32
30.34
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
3,485,000
306
2,799,000
45
2,787,500
48
3,297,500
78
3,247,500
130
Q1 2016
3,199,000
287
2,595,000
55
2,350,000
40
3,075,000
75
3,500,000
129
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
124
Q2 2015
3,079,500
288
2,850,000
39
2,325,000
51
3,197,500
44
3,295,000
110
Q1 2015
2,795,000
261
2,250,000
42
2,084,625
39
3,300,000
41
2,797,000
102
Q4 2014
2,795,000
271
2,395,000
51
2,352,500
46
2,995,000
61
2,687,500
56
Q3 2014
2,847,500
328
2,595,000
47
2,362,500
50
3,317,000
66
2,750,000
109
2,872,500
308
2,375,000
43
2,200,000
48
3,437,500
46
2,395,000
124
Q1 2014
3,297,500
268
2,575,000
43
1,870,000
54
6,094,500
24
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
Q3 2013
2,694,250
320
2,147,500
50
1,809,000
48
2,395,000
57
2,587,500
104
Q2 2013
2,495,000
302
1,850,000
47
1,980,000
39
1,999,000
39
2,472,500
126
Q2 2014
24
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
MALIBU
SOLD +29%
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
$/SQFT
800
600
400
200
0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
16.73
2.41
200.79
28.95
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
4,059 1,189
45
3,330,155
3,180
964 48 3,092,837 3,360
1,146
55
2,905,553
3,251
873 40
285 4,358,817
3,980 1,060
44
3,544,954 3,404
1,039 49
Q3 2015
329 4,086,893
3,847 1,020
46
2,900,557
2,843
947 39
2,954,834
3,239
Q2 2015
288 4,268,594
3,983
1,017
39
3,535,518
3,509
928 51
2,976,981
3,510
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
Q4 2014
271 4 ,0 52 ,1 33 3,955 1,009
51
2,826,696
3,475
771 46
2 ,69 1,52 6 3,364
808 61
4,634,733 4,060
1,082 56
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
970 66
4,028,377 4,103
1,016 109 3,364,983
3,515
988
Q2 2014
308 4,457,576
4,146 1,055
43
2,840,619
3,315
829 48
2,680,810 3,650
741 46
5,660,821 4,499
1,204 124 3,829,242 3,825
965
Q1 2014
268 4,510,775
4,201 1,057
43
3,084,872
3,804
754 37
2,632,971
3,498
675 41
4,344,659 3,893
Q4 2013
271 4,413,147
4,091 1,055
42
2,661,829
3,461
736 54
2,721,712
3,532
753 62
3,946,379
Q3 2013
320 4,124,171
3,971
1,017
50
2,570,654
3,258
798 48
2,287,807
3,320
690 57
3,918,582 3,843
Q2 2013
302 3,883,578
3,937
970
47
2,377,298
3,379
694 39
2,380,290
3,471
683 39
3,282,562 3,864
Q2 2016
306 4,959,835
Q1 2016
287 4,898,697
Q4 2015
4,115
887 78
5,386,709
3,952
1,388 130 4,629,915 3,635
1,223
3,330
770 75
4,659,091 3,962
1,133 129 5,433,156 4,422
1,198
3,364,954 3,408
1,001 83
4,593,205 4,477
1,009 73
4,498,219 3,935
1,155
4,186,891
1,035 124 3,309,854
2,531,605
848 71 791 44
4,022
3,575,091 3,729 4,170
3,816
3,371
982
981 110 4,156,585 3,909
961
1,055 102 3,703,233 3,832
951
3,538,302 3,814
939
1,116 101 3,657,399
3,919
929
3,933,102
3,797
1,052
1,021 104 3,717,759
3,752
952
834 126 3,534,737 3,696
953
1,053 58
25
PA C I F I C PA L I S A D E S
SOLD +21.1%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
$ In The Thousands
3,000 2,500 2,000 1,500 1,000 500 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
40,485.28
1.76
485,823.36
2 1 .1 5
FOR SALE
26
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
3,595,000
257
2,695,000
85
2,500,960
71
4,237,500
54
3,560,000
152
Q1 2016
3,299,000
210
2,772,000
64
2,757,000
56
3,695,000
51
3,197,000
128
Q4 2015
3,395,000
193
2,847,500
58
2,630,000
60
3,749,000
53
2,895,000
81
Q3 2015
3,450,000
217
3,135,000
64
2,923,000
72
2,995,000
41
3,349,000
115
Q2 2015
3,450,000
222
2,800,000
91
2,569,000
99
4,975,000
29
3,410,000
136
Q1 2015
3,272,500
200
2,892,000
78
3,100,000
57
3,374,500
36
2,995,000
121
Q4 2014
3,250,000
169
2,195,000
49
2,200,000
55
3,375,000
41
3,274,500
72
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
Q1 2014
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
Q3 2013
2,875,000
207
2,325,000
83
2,200,500
101
3,149,000
26
2,595,000
99
Q2 2013
2,695,000
237
2,099,000
105
2,100,000
101
3,147,000
24
2,395,000
149
PA C I F I C PA L I S A D E S
SOLD +24.4%
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
$/SQFT
800
600
400
200
0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
16.58
2.04
198.90
24.44
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
1,104 152 5,240,961 3,968
1,184
4,199
1,293 128 4,337,866 3,859
1,089
5,053,575
4,271
1,042 81
995 41
3,944,122
4,042
1,029 29
6,195,034
5,123
3,349 1,004 54
5,435,950 4,476
Q2 2016
257 5,199,719
4,114
1,156
85
3,520,524
3,169
1,079 71
3,337,551
Q1 2016
210 4,798,921
4,044
1,133
64
3,396,969
3,507
972 56
3,349,085
3,251
966 51
5,675,675
Q4 2015
193 4,723,918
3,956
1,103
58
3,299,138
3,170 1,002 60
3,125,613
3,327
946 53
Q3 2015
217 4,651,972
4,082 1,075
64
3,798,828
3,767 1,002 72
3,757,602
3,764
Q2 2015
222 4,848,788
4,236 1,097
91
3,782,451
3,647 1,045 99
3,450,741
3,374
Q1 2015
200 4,652,702
4,190 1,060
78
3,381,810
Q4 2014
169 4,529,475
4,215 1,014
49
Q3 2014
196 4,214,277 4,098 1,004
68
Q2 2014
227 3,924,975
3,967
966
Q1 2014
206 4,204,404
4,176
Q4 2013
181 4,345,618
Q3 2013
207 3,869,705 4,048
Q2 2013
237 3,647,310
914 36
4,807,594 4,227
3,791,015
3,482
1,019
976 115 3,973,096
3,701
1,053
1,218 136 4,284,890 3,975
1,061
1,093 121
4,217,248
3,885
1,094
4,161,792
3,678
926 57
3,427,109 3,800
2,776,143
3,114
903 55
2 ,8 15,492 3,295
845 41
5,102,360 4,684
1,101 72
3,812
969
3,411,816
3,530
972 94
3,393,757 3,518
951 31
4,13 4,274 3,959
922 108 3,638,808 3,683
977
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
981
78
3,309,346
3,658
864 64
3,284,724 3,697
860 25
5,878,996
4,195 1,008
54
2,996,481 3,095
937 62
2,888,265 3,060
898 47
4,385,255 4,524
942
83
2,744,723
3,275
834 101
2,544,806 3,282
775 26
908
105 2,913,333
3,474
832 101
2,978,754 3,688
800 24
3,964
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
5,221
27
SUNSET STRIP
SOLD +21.6%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
2,000
$ In The Thousands
1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
26,886.45
1.80
3 2 2 , 6 3 7. 4 0
21.59
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
2,500,000
501
1,922,000
108
1,826,000
101
2,962,500
142
2,350,000
279
Q1 2016
2,400,000
427
1,835,000
115
1,750,000
105
2,495,000
118
2,224,500
228
116
1,695,000
117
2,299,000
139
2,199,000
189
116
1,577,350
122
2,497,000
138
1,926,000
257
133
1,720,000
131
2,522,500
112
1,895,000
251
106
1,715,000
94
2,650,000
79
2,199,000
238
103
1,842,038
104
1,995,000
121
1,967,500
164
95
1,850,000
119
1,888,000
115
1,920,000
217
83
Q4 2015 Q3 2015 Q2 2015 Q1 2015 Q4 2014 Q3 2014
28
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
2,295,000 2,200,000 2,249,000 2,288,000 2,099,000 1,995,000
454 519 507 441 427 473
1,724,500 1,495,000 1,798,000 1,672,000 1,850,000 1,795,000
Q2 2014
1,997,750
462
1,799,000
123
1,699,000
113
1,990,000
1,997,500
239
Q1 2014
1,899,000
419
1,699,000
119
1,527,500
100
2,100,000
77
1,749,000
209
Q4 2013
1,975,000
395
1,499,000
85
1,450,000
93
1,975,000
100
1,800,000
141
Q3 2013
1,899,000
435
1,397,500
100
1,425,000
108
2,245,000
81
1,672,500
226
Q2 2013
1,950,000
409
1,425,000
141
1,450,000
141
2,195,000
59
1,695,000
227
SUNSET STRIP
SOLD +28.7%
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 2 2 0 1 3 - 2 0 1 6
1,000
$/SQFT
800
600
400
200
0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
1 7. 0 6
2.39
204.69
28.68
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
UNDER CONTRACT
Avg $/ SQFT SQFT #
Avg $
1,111 108 2,611,821
Avg $/ SQFT SQFT #
Avg $
Q2 2016
501 3,990,800 3,445
Q1 2016
427 3,892,950
3,360
1,098 115
2,737,720
2,637
Q4 2015
454 3,754,845
3,140
1,064 116
2,551,295
2,752
940 117
2,166,774
Q3 2015
519 3,498,792
3,054
1,008 116
1,998,825
2,362
770 122
2,767
941 101
SOLD
EXPIRED
Avg $/ SQFT SQFT #
2,462,863
1,053 105 2,816,891
2,637
Avg $
Avg $/ SQFT SQFT #
870 142 5,018,669 3,963
2,775 1,034
118
NEW LISTINGS
3,399,287 3,304
Avg $
1,210 279 3,531,791 3,236
1,049
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
2,046,487 2,366
774
138 3,747,239
3,199 1,064 257 3,251,343
2,931
964
894 131
2,384,277
2,573
865
112
3,925,910 3,326 1,043 251 2,990,710 2,789
960
895 94
2,494,518
2,862
868
79
3,761,632
3,585
973 238 3,397,589 3,058
976
2 ,7 19,778
3,115
888 164 3 ,073,1 6 5 2,863
1,001
2,633
Q2 2015
507 3,465,887 3,054
Q1 2015
441 3,521,378
Q4 2014
427 3 ,1 4 0,725
3,153
964 103 2,598,980 2,878
899 104 2,464,066
2,717
877
121
Q3 2014
473 2 ,91 3 ,1 6 0
3,155
906 95
2,306,643 2,618
854 119
2,314,078
2,715
831
115
2 ,797,415
3,215
852 217
Q2 2014
462 2,963,204
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
Q1 2014
419 2,928,568
3,281
824 119
2,220,038
2,858
769 100 2,057,914
2,765
725
77
3,426,366 3,806
Q4 2013
395 2,861,053
3,269
842 85
2,174,735
2,794
786 93
2,030,602 2,702
762
100 2,583,644 3,274
766 141
Q3 2013
435 2,907,936
3,247
853 100 1,914,932
2,481
Q2 2013
409 2,795,881
3,309
823 141
3,177
1,011 133 2,535,526 1,005 106 2,351,153
2,001,926
2,618 2,545
2,770
Avg $/ SQFT SQFT
2,700,733 3,074
852
2,912
952
789 209 2,584,549 3,096
746
2,626,386 3,067
823
736 108 1,816,843
2,613
668
81
3,872,386 3,788
954 226 2,502,119 2,976
796
723 141
2,791
760
59
2,741,868
739 227 2,452,292
774
2,156,798
3,831
3,110
29
W E S T H O L LY W O O D
SOLD +56.6%
MEDIAN PRICE (SOLD) Market Dynamics 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
1,600
$ In The Thousands
1,400 1,200 1,000 800 600 400 200 0 Q2 2013
Q4 2013
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
48,894.49
4.72
586,733.93
56.63
FOR SALE
30
Q4 2014
Quarterly Change SOLD
TIME PERIOD
Q2 2014
UNDER CONTRACT
SOLD
EXPIRED
NEW LISTINGS
Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties Median $ # Properties
Q2 2016
1,695,000
106
1,492,000
42
1,612,000
30
1,552,000
18
1,644,000
70
Q1 2016
1,677,500
72
1,609,450
26
1,585,000
29
1,795,000
16
1,677,500
50
Q4 2015
1,599,450
80
1,474,500
38
1,512,500
34
1,674,500
20
1,612,475
38
Q3 2015
1,575,000
97
1,435,000
31
1,330,000
30
2,022,500
24
1,495,000
61
Q2 2015
1,572,500
86
1,374,000
28
1,580,000
35
1,897,000
22
1,595,000
55
Q1 2015
1,699,000
91
1,499,000
43
1,600,000
35
1,995,000
17
1,595,000
57
Q4 2014
1,585,000
90
1,149,000
30
1,199,000
31
1,595,300
26
1,450,000
42
Q3 2014
1,469,500
102
1,250,000
33
1,190,000
33
1,499,999
21
1,469,500
62
Q2 2014
1,349,000
81
1,099,000
29
1,253,260
35
1,199,000
12
1,174,000
52
Q1 2014
1,387,000
68
1,214,950
28
1,077,884
29
1,749,000
11
1,324,500
34
Q4 2013
1,250,000
85
1,125,000
33
1,200,000
29
1,122,000
18
1,350,000
39
Q3 2013
1,235,000
85
1,150,000
23
1,046,500
26
1,545,000
16
1,250,000
53
Q2 2013
1,099,000
81
1,069,500
36
1,090,000
39
1,049,000
13
1,099,000
53
W E S T H O L LY W O O D
SOLD +33.7%
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 2 2 0 1 3 - 2 0 1 6
900
$/SQFT
750
600
450
300
150 0 Q2 2013
Q4 2013
Avg $
Q2 2015
Q4 2015
Q2 2016
Quarterly % Change
Total Change
Total % Change
19.05
2.81
228.61
33.69
FOR SALE #
Q4 2014
Quarterly Change SOLD $/SQFT
TIME PERIOD
Q2 2014
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
Q2 2016
106 2,002,575
2,309
848 42
1,645,506
1,813
922 30
1,719,973
1,909
898 18
1,761,000
2,157
791 70
2,044,889
2,321
873
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
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
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
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
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
90
1 ,761 ,5 1 7
1,573,455
1,773
824 31
1,3 67,353
1,632
851 26
1,8 45,727
2,367
742 42
1,58 4 , 41 7
2,010
754
Q3 2014
102 1,636,635
816 33
803 21
1,470,487 2,405
562 62
1,59 1 ,1 6 8
1,981
698
Q2 2014
81
649 52
1,353,106
1,744
787
Q1 2014
Q3 2015 Q2 2015
2,089
783 30
2,046
747 33
1,335,320
1,610
1,241,03 6
1,516
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
68
1,544,841
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
Q4 2013
85
1,488,849
1,961
712 33
1,496,021
1,940
659 29
1,521,882
1,959
680 18
1,334,833
1,877
711 39
1,593,762
1,900
732
Q3 2013
85
1,489,982 2,005
718 23
1,585,304
2,013
725 26
1,296,585 1,834
685 16
1,611,934
2,000
777 53
1,483,692
1,851
745
Q2 2013
81
1,298,649
691 36
1,220,307
1,621
734 39
1,194,435
1,621
740 13
1,018,985
1,716
596 53
1,249,316
1,716
715
1,892
31
1814 DOHENY $23,950,000 32
U LT R A - L U X
33
U LT R A - L U X MEDIAN PRICE
SOLD +9.5%
$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
8
$ In The Millions
7 6 5 4 3 2 1 0 Q2 2013
SOLD -6.3%
Q4 2013
Q2 2014
Q4 2014
Q2 2015
Q4 2015
Q2 2016
Q2 2015
Q4 2015
Q2 2016
Q2 2015
Q4 2015
Q2 2016
$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
14
$ In The Millions
12 10 8 6 4 2 0 Q2 2013
SOLD +12.8%
Q4 2013
Q2 2014
Q4 2014
$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
35
$ In The Millions
30 25 20 15 10 5 0
34
Q2 2013
Q4 2013
Q2 2014
Q4 2014
U LT R A - L U X $/SQFT
SOLD +18.5%
$5 Million - $10 Million 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
1,500
$/SQFT
1,250
1,000
750
500
250 0 Q2 2013
SOLD +8.9%
Q4 2013
Q2 2014
Q4 2014
Q2 2015
Q4 2015
Q2 2016
Q2 2015
Q4 2015
Q2 2016
Q2 2015
Q4 2015
Q2 2016
$10 Million - $15 Million 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
1,800 1,600
$/SQFT
1,400 1,200 1,000 800 600 400 200 0 Q2 2013
SOLD +34.2%
Q4 2013
Q2 2014
Q4 2014
$15 Million + 3 Ye a r s ( Q u a r t e r l y ) Q 2 2 0 1 3 - 2 0 1 6
3,000
$/SQFT
2,500
2,000
1,500
1,000
500
0 Q2 2013
Q4 2013
Q2 2014
Q4 2014
35
36