AAROE MARKET REPORT
03 14
SAN GABRIEL VALLEY Single Family 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
LOS ANGELES COUNTY Condominium Residences
AAROE MARKET REPORT
02 14
WESTSIDE LOS ANGELES Single Family Residences
AAROE MARKET REPORT
02 14
SAN FERNANDO VALLEY Single Family Residences
LOS ANGELES COUNTY
WESTSIDE LOS ANGELES
SAN FERNANDO VALLEY
Condominium Residences
Single Family Residences
Single Family Residences
aaroe.com
TABLE OF CONTENTS SAN GABRIEL VALLEY
Alhambra
05
Altadena
07
Arcadia
09
Eagle Rock
11
La Canada/Flintridge
13
Monrovia
15
Pasadena
17
San Gabriel
19
San Marino
21
South Pasadena
23
Glossary
24
ALHAMBRA
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
56
39
-30.4%
Average price (sold)
$460,369
$548,580
+19.2%
$319
$346
+8.4%
Average days on market (sold)
76
60
-21.1%
Average sold price/list price %
99.7%
99.5%
-0.2%
Total pending properties (at end of period)
12
20
+66.7%
Total properties for sale (at end of period)
18
47
+161.1%
$419,580
$617,056
+47.1%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 8 7
6.2
6 5 4 3
3.6
3.5
3.1
2.6 2
2.1
2
1.8 1
1 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 70
57
60
48
45
50 40
57
56 50 40
39
30
30 20 10 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
ALTADENA
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
102
82
-19.6%
Average price (sold)
$573,490
$657,543
+14.7%
$338
$394
+16.3%
Average days on market (sold)
54
53
-1.9%
Average sold price/list price %
99.5%
101.3%
+1.8%
Total pending properties (at end of period)
38
24
-36.8%
Total properties for sale (at end of period)
47
48
+2.1%
$638,738
$661,068
+3.5%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 8
6.8
7
6
6 5 4
2.6
3
2.4 1.8
1.4
2
1.8
1.5 1
1 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 140
115 120
102
97
91
87
100 80
103
65
82
62
60 40 20 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
ARCADIA
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
100
97
-3.0%
Average price (sold)
$1,122,633
$1,740,315
+55.0%
$431
$560
+30.0%
Average days on market (sold)
65
57
-12.3%
Average sold price/list price %
97.4%
97.9%
+0.5%
Total pending properties (at end of period)
23
41
+78.3%
Total properties for sale (at end of period)
49
79
+61.2%
$1,863,807
$2,278,801
+22.3%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 7 6
5.6
5
4 3.4
4 3
2.3
2.1
1.7
1.5
2
2.4
2.1
1 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 180
144
160
127
140
105
120 100 80
108
100
106
97
83 70
60 40 20 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
EAGLE ROCK
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
40
24
-40.0%
Average price (sold)
$515,127
$541,481
+5.1%
$346
$392
+13.5%
Average days on market (sold)
55
39
-29.1%
Average sold price/list price %
100.2%
101.9%
+1.7%
Total pending properties (at end of period)
17
9
-47.1%
Total properties for sale (at end of period)
26
26
+0.00%
$670,463
$695,188
+3.7%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 6
5.2
5 4
3.6 3.2
3.1
3
2.3 1.7
2
2.1
2
2
1 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 60
46
50
38
37
40
40
28 30
23 18
21
24
20 10 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
LA CANADA/FLINTRIDGE
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
45
43
-4.4%
Average price (sold)
$1,616,540
$1,448,184
-10.4%
$583
$520
-10.8%
Average days on market (sold)
76
55
-27.6%
Average sold price/list price %
97.8%
98.6%
+0.8%
Total pending properties (at end of period)
24
13
-45.8%
Total properties for sale (at end of period)
33
29
-12.1%
$2,333,273
$2,586,397
+10.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 25
20
17.5
15
9
10
5 3.1
5
3.2
2.2
3.2
2.1
2
0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 70
60
58 60
53
52 46
50
53
45
43
40 30
22
20 10 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
MONROVIA
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
56
63
+12.5%
Average price (sold)
$541,100
$539,535
-0.3%
$329
$374
+13.7%
Average days on market (sold)
58
58
+0.00%
Average sold price/list price %
98.7%
98.6%
-0.1%
Total pending properties (at end of period)
25
15
-40.0%
Total properties for sale (at end of period)
39
44
+12.8%
$724,250
$810,720
+11.9%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 6 5
4.7
4.6
4
2.6
3
2.2
2.1
2.5 1.8
1.6
2
2.1
1 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 100 90
75
80 70 60 50
79 71
75 68
63
56
55 45
40 30 20 10 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
PASADENA
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
194
164
-15.5%
Average price (sold)
$803,514
$819,941
+2.0%
$428
$448
+4.7%
Average days on market (sold)
65
49
-24.6%
Average sold price/list price %
99.5%
100.5%
+1.0%
Total pending properties (at end of period)
74
61
-17.6%
Total properties for sale (at end of period)
139
139
+0.00%
$1,091,125
$1,143,592
+4.8%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 15
10.1 10
7
5
3.1
2.5
2.1
1.8
2.6
2.5 1.4
0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 300
256 223
250
205
200 150
222
228
194 164
158 127
100 50 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
SAN GABRIEL
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
61
62
+1.6%
Average price (sold)
$553,686
$679,233
+22.7%
$353
$389
+10.2%
Average days on market (sold)
91
55
-39.6%
Average sold price/list price %
99.0%
100.2%
+1.2%
Total pending properties (at end of period)
23
19
-17.4%
Total properties for sale (at end of period)
37
41
+10.8%
$682,997
$819,868
+20.0%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 9 8
7.5 6.9
7 6
4.2
5 4
2.7
3
2
2.4 1.9
1.8
2
2 1 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 100 90
79
74
80 70
61
58
75 62
61
60 50
42
37
40 30 20 10 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
SAN MARINO
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
20
21
+5.0%
Average price (sold)
$1,717,600
$1,943,874
+13.2%
$643
$747
+16.1%
Average days on market (sold)
59
41
-30.5%
Average sold price/list price %
100.5%
103.2%
+2.7%
Total pending properties (at end of period)
5
6
+20.0%
Total properties for sale (at end of period)
8
10
+25.0%
$4,986,125
$5,114,200
+2.6%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 15
8.8
10
6.8
5
2.6
2.1 0.8
1.2
1.8 0.8
1.4
0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 45
38
40
34
35
30
30
30 25
19
20
20
18
21
21
15 10 5 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
SOUTH PASADENA
Nov - Jan 2013
Nov - Jan 2014
% change
Total properties sold
25
17
-32.0%
Average price (sold)
$1,111,600
$945,721
-14.9%
$526
$606
+15.3%
Average days on market (sold)
64
40
-37.5%
Average sold price/list price %
100.0%
101.4%
+1.4%
Total pending properties (at end of period)
5
7
+40.0%
Total properties for sale (at end of period)
12
15
+25.0%
$928,658
$1,817,326
+95.7%
Average price per square foot (sold)
Average price of properties for sale
Months’ supply of inventory 15
9.4 10
5.8 4.6 5
2.8
2.7
2.6 1.6
1.4
0.7
0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
Sold listing history 45
36
40
32
35 30
25 22
25 20
25 21
20
17
15
15 10 5 0 No v-Jan 12
Feb-A pr 12
M ay-Jul 12
A ug-Oct 12
No v-Jan 13
Feb-A pr 13
M ay-Jul 13
A ug-Oct 13
No v-Jan 14
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 February 2014 based on the data available at the end of January 2014. CLAW, CRMLS and/or CoOp 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.
aaroe.com
B E V E R LY H I L L S
BRENTWOOD
SUNSET STRIP
DOWNTOWN
SHERMAN OAKS
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.