AAROE MARKET REPORT
02 14
LOS ANGELES COUNTY Condominium Residences
Agent Profile: Ramiro Rivas
Ramiro Rivas is a life time resident of the City of Pasadena, and has extensive knowledge of San Gabriel Valley and Los Angeles real estate. With a design background from the world-renowned Art Center College of Design in Pasadena, he brings his creative and energetic personality into every transaction. Ramiro has been active and involved in Real Estate investments, as well as civic and neighborhood associations for over 15 years. While emphasizing hands-on client relationships and integrating the full spectrum of cutting-edge and internet technology, Ramiro delivers a powerful dimension to client services with up-to-the-minute, reliable information. Together with the John Aaroe Group, Ramiro Rivas and his real estate team are committed to meeting your personal, financial and life-style goals while maintaining a life time business relationship based on trust, value and performance. DRE #01406511 Professional Standards: • Specializing in Pasadena, Altadena, San Marino, La Canada Flintridge, South Pasadena, and Los Angeles Properties. • Dedicated to the Integrity of the Real Estate Profession. • Full Service Representation for Buyers, Sellers, and Short Sale Home Owners. • Member of the Pasadena-Foothills Association of Realtors and the National Association of Realtors.
Agent Profile: Erica Rivas
Erica Rivas’ extensive knowledge of Pasadena and the surrounding Los Angeles communities has allowed her to get to know every aspect of the San Gabriel Valley as well as a familiarization with all of Southern California. Having been born and raised in the area, she takes pride in Pasadena and the many wonderful surrounding communities. Her motivation coupled with her understanding of the neighborhoods has allowed her to successfully work in real estate. Erica comes from a fresh generation raised on the cusp of the newest technology. We are in an age now where business is done primarily through the computer, especially in real estate, as buyer’s are doing the greatest amount of their property searches on the internet. Erica’s extensive education and knowledge of computer technology has allowed her to market a home to its full potential. A creative ability that stems from an experience with marketing and advertising allows her to be original in marketing a home which will generate vast awareness of a listing and getting it the attention it deserves. Additionally, Erica Rivas has found find that excellent communication is crucial to being an efficient and competent Realtor®. The way to ultimately determine a client’s wants and needs is through proper communication and will successfully do so by asking the right questions, listening with genuine concern, and acting upon their wants and needs. Being forthcoming and communicative will serve to determine and clarify everything is being done correctly to ensure that the client’s interests are satisfied. DRE#01788685
CURIOUS ABOUT THE MARKET IN OTHER AREAS OF LOS ANGELES? Just click the publication below for the latest statistics.
AAROE MARKET REPORT
02 14
WESTSIDE LOS ANGELES Single Family Residences
AAROE MARKET REPORT
02 14
SAN FERNANDO VALLEY Single Family Residences
AAROE MARKET REPORT
02 14
SAN GABRIEL VALLEY Single Family Residences
WESTSIDE LOS ANGELES
SAN FERNANDO VALLEY
SAN GABRIEL VALLEY
Single Family Residences
Single Family Residences
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TABLE OF CONTENTS LOS ANGELES COUNTY
Beverly Hills
05
Brentwood
07
Culver City
09
Downtown
11
Encino
13
Hollywood
15
Marina Del Rey
17
Mid Wilshire
19
Santa Monica
21
Sherman Oaks
23
Silverlake - Echo Park
25
Studio City
27
West Hollywood
29
Westwood - Century City
31
Glossary
32
BEVERLY HILLS
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
23
18
-21.7%
Average price (sold)
$905,261
$1,154,711
+27.6%
$451
$669
+48.3%
Average days on market (sold)
76
48
-36.8%
Average sold price/list price %
95.2%
98.9%
+3.7%
Total pending properties (at end of period)
10
6
-40.0%
Total properties for sale (at end of period)
29
25
-13.8%
$1,919,690
$1,761,040
-8.3%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 9 8
7 6.2
7 6
5.1
5
3.8
4
3.7
3.1
4.2
2.9
3
2.1
2 1 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 45
36
40 35
29
30 25 20
31
25
23
25
23
18
18
15 10 5 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
BRENTWOOD
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
35
42
+20.0%
Average price (sold)
$650,564
$746,960
+14.8%
$453
$497
+9.7%
Average days on market (sold)
79
61
-22.8%
Average sold price/list price %
98.6%
99.7%
+1.1%
Total pending properties (at end of period)
15
5
-66.7%
Total properties for sale (at end of period)
33
28
-15.2%
$836,167
$725,593
-13.2%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 6
5 5 4
3.3 2.6
3
2.8 2.3
2.3
1.9 2
2
1.4
1 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 80
68
70
58
60 50
42
44
43
42
35
40
27 30
21
20 10 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
CULVER CITY
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
33
29
-12.1%
Average price (sold)
$337,679
$462,716
+37.0%
$290
$393
+35.4%
Average days on market (sold)
41
45
+9.8%
Average sold price/list price %
100.3%
99.7%
-0.6%
Total pending properties (at end of period)
21
10
-52.4%
Total properties for sale (at end of period)
9
13
+44.4%
$405,711
$455,338
+12.2%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 4
3 3
2 2
1.3
1.1 0.8
0.7
1
0.9
0.7
0.6
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 80
65
70 60
50
50 40
41
44 34
33
33
31
29
30 20 10 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
DOWNTOWN
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
98
64
-34.7%
Average price (sold)
$470,847
$642,786
+36.5%
$456
$556
+21.8%
Average days on market (sold)
82
65
-20.7%
Average sold price/list price %
98.5%
97.1%
-1.4%
Total pending properties (at end of period)
50
25
-50.0%
Total properties for sale (at end of period)
54
79
+46.3%
$1,418,128
$726,639
-48.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 5
4.1 3.7
4
3
2.4
2.7
2.5 1.8
2
1.8
1.7
1.7
1
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 120
97
98
100
87
89
79 80
65
76
70
64
60 40 20 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
ENCINO
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
65
39
-40.0%
Average price (sold)
$299,454
$320,090
+6.9%
$233
$274
+17.8%
Average days on market (sold)
54
47
-13.0%
Average sold price/list price %
99.0%
99.3%
+0.3%
Total pending properties (at end of period)
23
15
-34.8%
Total properties for sale (at end of period)
25
39
+56.0%
$638,411
$331,381
-48.1%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 4
3.1
3
3
2.2
2.3 1.7
2
1.5
1.7
1.2 1
0.5
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 80
65
70 60
62
60 50
47
50
61
49 40
39
40 30 20 10 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
HOLLYWOOD
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
41
26
-36.6%
Average price (sold)
$593,943
$595,000
+0.2%
$420
$453
+7.8%
Average days on market (sold)
107
67
-37.4%
Average sold price/list price %
98.4%
98.7%
+0.3%
Total pending properties (at end of period)
5
14
+180.0%
Total properties for sale (at end of period)
29
29
+0.00%
$604,534
$2,506,610
+314.6%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 25
18
20
15
10
5
4.6
2.8
5
3.2
2.1
4.8 1.9
3.3
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 50
41
45
39
40 35 30
30 26
26
26
22
25
18
20 15
8
10 5 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
MARINA DEL REY
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
61
72
+18.0%
Average price (sold)
$754,741
$780,605
+3.4%
$496
$542
+9.3%
Average days on market (sold)
94
83
-11.7%
Average sold price/list price %
95.9%
96.9%
+1.0%
Total pending properties (at end of period)
21
8
-61.9%
Total properties for sale (at end of period)
60
87
+45.0%
$1,255,264
$1,052,979
-16.1%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 9
7.3
8 7
6.1
6 5
4.1
4
3.5 2.9
3.6
3.8
3.6
3
3 2 1 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 90
77
80
72
71
70
72
61 53
60 50
78
44
40
40 30 20 10 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
MID WILSHIRE
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
29
43
+48.3%
Average price (sold)
$325,064
$433,194
+33.3%
$289
$392
+36.0%
Average days on market (sold)
39
65
+66.7%
Average sold price/list price %
99.7%
99.0%
-0.7%
Total pending properties (at end of period)
37
16
-56.8%
Total properties for sale (at end of period)
16
30
+87.5%
$527,981
$517,888
-1.9%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 6
4.7
5 4
3.3 2.5
3 2
1.4
2.1
2
1.7
1.6 1.2
1 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 60
47
50
38
43
41
40
39 31
28
29
29
30 20 10 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
SANTA MONICA
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
109
93
-14.7%
Average price (sold)
$813,748
$842,930
+3.6%
$640
$707
+10.5%
Average days on market (sold)
85
48
-43.5%
Average sold price/list price %
98.2%
99.0%
+0.8%
Total pending properties (at end of period)
14
12
-14.3%
Total properties for sale (at end of period)
40
50
+25.0%
$1,194,108
$1,665,080
+39.4%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 5
4
3.5
3.6
3
2.3 1.6
2
1.1
1.1
1.2
1.5
1.6
1
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 140
121 109
107
120
106
114 93
100 80
73
77
74
60 40 20 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
SHERMAN OAKS
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
75
78
+4.0%
Average price (sold)
$356,925
$402,363
+12.7%
$259
$327
+26.1%
Average days on market (sold)
64
50
-21.9%
Average sold price/list price %
99.5%
101.0%
+1.5%
Total pending properties (at end of period)
40
22
-45.0%
Total properties for sale (at end of period)
25
33
+32.0%
$400,780
$440,168
+9.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 4
3.2
3.2
3
1.7
2
1.6 1.1
1.1
1
1
1.3
0.4
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 120
96 100 80
88 78
75
75
74
72
60
60 60 40 20 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
SILVERLAKE - ECHO PARK
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
4
7
+75.0%
Average price (sold)
$483,500
$456,611
-5.6%
$361
$394
+9.1%
Average days on market (sold)
54
66
+22.2%
Average sold price/list price %
97.3%
99.6%
+2.3%
Total pending properties (at end of period)
2
3
+50.0%
Total properties for sale (at end of period)
1
5
+400.0%
$599,000
$540,380
-9.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 5
4 4
3
2.7 2.1
2 1.5
2
1
0.5
0.8
1.3
0.8
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 15
12
10
9
9 8 7
6 4
5
4
3
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
STUDIO CITY
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
33
43
+30.3%
Average price (sold)
$445,488
$465,744
+4.5%
$318
$370
+16.2%
Average days on market (sold)
52
50
-3.8%
Average sold price/list price %
101.2%
99.1%
-2.1%
Total pending properties (at end of period)
11
14
+27.3%
Total properties for sale (at end of period)
13
32
+146.2%
$606,723
$569,942
-6.1%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 3
2.5
2.4
2.3
2.2
2.2
2
1.2
1.2
1
0.7
0.8
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 60
51
48
50 40
40
37
43 39 33
31
30
30 20 10 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
WEST HOLLYWOOD
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
66
86
+30.3%
Average price (sold)
$519,550
$739,331
+42.3%
$444
$571
+28.8%
Average days on market (sold)
71
67
-5.6%
Average sold price/list price %
97.6%
97.4%
-0.2%
Total pending properties (at end of period)
25
12
-52.0%
Total properties for sale (at end of period)
45
40
-11.1%
$1,043,496
$916,360
-12.2%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 5
4
3.3
3.5
3
2.5 1.8
2
2.4 2
2.4
1.8 1.4
1
0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 140
107
120 100
88 78
80
92
88
86
75
71
66
60 40 20 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
WESTWOOD - CENTURY CITY
Oct - Dec 2012
Oct - Dec 2013
% change
Total properties sold
112
115
+2.7%
Average price (sold)
$869,990
$1,195,766
+37.4%
$493
$676
+37.1%
Average days on market (sold)
103
81
-21.4%
Average sold price/list price %
92.7%
95.1%
+2.4%
Total pending properties (at end of period)
34
25
-26.5%
Total properties for sale (at end of period)
115
165
+43.5%
$1,872,278
$2,263,370
+20.9%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 8 7
6.6
6
5.1
5
4.3
4 3.4
4
3.7 3.1
3.4
3.6
3 2 1 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Sold listing history 200 180
159 145
160 140 120
114
126
128 115
112
99
98
100 80 60 40 20 0 Oct-Dec 11
Jan-M ar 12
A pr-Jun 12
Jul-Sep 12
Oct-Dec 12
Jan-M ar 13
A pr-Jun 13
Jul-Sep 13
Oct-Dec 13
Copyright John Aaroe Group 2014. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or Co-Op MLS. This report is published January 2014 based on the data available at the end of December 2013. CLAW, CRMLS and/or Co-Op MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or Co-Op MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
GLOSSARY
Total properties sold Number of properties sold during the report period. Average price (sold) Average sales price of properties that closed escrow during the report period. Average price per square foot (sold) Average price per square foot of properties that closed escrow during the report period. Average days on market (sold) Average time properties were on the market for homes that closed escrow during the report period. Average sold price/list price % Average showing the ratio of the actual sold price related to the original asking price of properties sold during the report period. Total pending properties (at end of period) Number of properties that were in escrow at the end of the reporting period. Total properties for sale (at end of period) Number of properties that were for sale at the end of the reporting period. Average price of properties for sale Average price for properties currently on the market. Months’ supply of inventory If no new listings entered the market, this is the number of months it would take to sell all homes for sale at the current pace of sales. Sold listing history The number of homes sold in the reporting period over the past three years.
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PASA D E N A
John Aaroe Group does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller or obtained from public records and other sources and the buyer is advised to independently verify the accuracy of that information.