Condominium Residences | June 2013
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table of contents Los Angeles County | Condominium Residences
Beverly Hills
05
Brentwood
07
Culver City
09
Downtown
11
Hollywood
13
Marina Del Rey
15
Mid Wilshire
17
Santa Monica
19
Silverlake - Echo Park
21
West Hollywood
23
Westwood - Century City
25
Glossary 26
BEVERLY HILLS
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
23
25
+8.7%
Average price (sold)
$1,584,087
$986,492
-37.7%
$762
$539
-29.3%
Average days on market (sold)
88
102
+15.9%
Average sold price/list price %
90.6%
96.8%
+6.2%
Total pending properties (at end of period)
14
19
+35.7%
Total properties for sale (at end of period)
51
19
-62.7%
$1,608,518
$2,442,263
+51.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 15
11.1 10
8.6
8.5
8.3 6.7 3.8
5
3.8
4.2 2.3
0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 40
33
35
30
30 25
26 23 19
19
25
20 17
20 15 10 5 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
BRENTWOOD
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
30
52
+73.3%
Average price (sold)
$661,663
$793,488
+19.9%
$436
$496
+13.8%
Average days on market (sold)
69
68
-1.4%
Average sold price/list price %
97.6%
100.7%
+3.1%
Total pending properties (at end of period)
11
16
+45.5%
Total properties for sale (at end of period)
34
37
+8.8%
$732,877
$879,778
+20.0%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 10 9
8.4
8 7 6
4.6
5
5.1 3.4
3.1
4
2.2
3
2.2
2.3
2.1
2 1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 70
58 60
52
50
43 34
40 30
24
39
37
30 24
20 10 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
CULVER CITY
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
42
34
-19.0%
Average price (sold)
$309,994
$391,954
+26.4%
$277
$317
+14.4%
Average days on market (sold)
63
54
-14.3%
Average sold price/list price %
97.1%
99.8%
+2.7%
Total pending properties (at end of period)
27
24
-11.1%
Total properties for sale (at end of period)
17
11
-35.3%
$354,528
$527,727
+48.9%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 5
4.2 4
3.5
3.6
3.4
3
2
1.2
1.2 0.8
1 0.6
1
0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 60 50
42
39 40 30
33
45 37
34
34 28
27
20 10 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
DOWNTOWN
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
78
96
+23.1%
Average price (sold)
$470,006
$617,594
+31.4%
$415
$493
+18.9%
Average days on market (sold)
51
80
+56.9%
Average sold price/list price %
99.2%
97.1%
-2.1%
Total pending properties (at end of period)
63
34
-46.0%
Total properties for sale (at end of period)
59
59
+0.00%
$997,458
$1,282,068
+28.5%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 6
4.5
5
3.8
3.9
4
2.7
3
2.3
2.2
2
1.8
1.8
2 1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 120 100
91 83
84
80
91
89
96
78 64
70
60 40 20 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
HOLLYWOOD
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
14
29
+107.1%
Average price (sold)
$506,929
$605,621
+19.5%
$371
$436
+17.4%
Average days on market (sold)
108
109
+0.9%
Average sold price/list price %
96.8%
99.4%
+2.6%
7
12
+71.4%
38
24
-36.8%
$589,337
$1,039,750
+76.4%
Average price per square foot (sold)
Total pending properties (at end of period) Total properties for sale (at end of period) Average price of properties for sale
Months’ supply of inventory 10 9
7.4
8
7.9
8.1
7 6 5
4.5
5 4.3
4
2.5
3
2.4
2.5
2 1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 40
34
34
35
29
30
23
25 20
18
16
17
19 14
15 10 5 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
MARINA DEL REY
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
48
56
+16.7%
Average price (sold)
$635,751
$794,447
+25.0%
$387
$523
+35.1%
Average days on market (sold)
95
83
-12.6%
Average sold price/list price %
98.1%
99.0%
+0.9%
Total pending properties (at end of period)
29
16
-44.8%
Total properties for sale (at end of period)
100
78
-22.0%
$977,100
$1,202,068
+23.0%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 10 9
7.9
8.1
8 7
5.8
6.1
6.2
6
4.2
5
3.1
4
3
3.1
3 2 1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 120 100
87 70
80 60
51
54
58
56 43
56
48
40 20 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
MID WILSHIRE
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
41
31
-24.4%
Average price (sold)
$274,748
$349,194
+27.1%
$260
$326
+25.6%
Average days on market (sold)
41
43
+4.9%
Average sold price/list price %
96.8%
101.1%
+4.3%
Total pending properties (at end of period)
43
36
-16.3%
Total properties for sale (at end of period)
14
35
+150.0%
$360,469
$480,108
+33.2%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 9 8
7.4
7 6
4.8
5
3.4
3.3
4
2.5
3
1.7
1.5
2
1
0.9
1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 70
54
60
48 50
41
40
41
41 32
31
33
31
30 20 10 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
SANTA MONICA
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
93
89
-4.3%
Average price (sold)
$792,491
$907,183
+14.5%
$582
$684
+17.5%
Average days on market (sold)
70
51
-27.1%
Average sold price/list price %
96.9%
99.5%
+2.6%
Total pending properties (at end of period)
25
36
+44.0%
Total properties for sale (at end of period)
72
33
-54.2%
$1,036,891
$1,308,270
+26.2%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 6 5
5.1 4.6
4.9 3.8
4 3
2.5
2.3
1.6
2
1.5 1.1
1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 140
119 109
120 100
94
93 81
80
80
73
89
68
60 40 20 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
SILVERLAKE - ECHO PARK
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
7
5
-28.6%
Average price (sold)
$422,071
$475,600
+12.7%
$334
$382
+14.2%
Average days on market (sold)
82
52
-36.6%
Average sold price/list price %
94.7%
100.8%
+6.1%
Total pending properties (at end of period)
2
4
+100.0%
Total properties for sale (at end of period)
5
2
-60.0%
$406,780
$662,000
+62.7%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 8
6.4
7 6
5.1
4.7
5
4
4 3
2.1 1.5
2
1
1.2
1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 15
10 10
8 7
7
7
7 6 5
5
3
0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
WEST HOLLYWOOD
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
73
73
+0.00%
Average price (sold)
$468,653
$568,513
+21.3%
$432
$470
+8.9%
Average days on market (sold)
83
50
-39.8%
Average sold price/list price %
95.4%
99.9%
+4.5%
Total pending properties (at end of period)
35
25
-28.6%
Total properties for sale (at end of period)
70
54
-22.9%
$723,992
$712,695
-1.6%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 8
6.4
7 6
5.3
5.1
5
3.7 4
2.9
3
1.9
2.2
2.2 1.6
2 1 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 120
96 100
88 79
80 71
80
79
73
74
73
60 40 20 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
WESTWOOD - CENTURY CITY
Feb - Apr 2012
Feb - Apr 2013
% change
Total properties sold
119
123
+3.4%
Average price (sold)
$776,424
$803,500
+3.5%
$483
$470
-2.8%
Average days on market (sold)
78
81
+3.8%
Average sold price/list price %
93.4%
96.6%
+3.2%
Total pending properties (at end of period)
48
45
-6.3%
Total properties for sale (at end of period)
182
151
-17.0%
$1,906,283
$1,566,639
-17.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 15
8.9
10
8.4
6.9
6.2 4.6
4
5
3.9 2.8
3.7
0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Sold listing history 160 140 120
119 99 87
100
95
126
131
104
123 95
80 60 40 20 0 Feb-A pr 11
M ay-Jul 11
A ug-Oct 11
No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
Copyright John Aaroe Group 2013. Statistics generated by Real Data Strategies, Inc. using data supplied by CLAW, CRMLS and/or ITECH MLS. This report is published May 2013 based on the data available at the end of April 2013. CLAW, CRMLS and/or ITECH MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by CLAW, CRMLS and/or ITECH MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.