LA’s Westside Market Intelligence Report Vol. 4 | May 2018 Designed to give you the facts & trends overview of the most relevant market activities as they unfold in the South Bay real estate community THIS SALES MONTHLY REPORT MONITORS Playa Del Rey Beverlywood Beverly Hills
Playa Vista
Brentwood
Santa Monica
Cheviot Hills
Sherman Oaks
Culver City
Venice
Hollywood
Westchester
Marina Del Rey
Westwood/Century City
Pacific Palisades
West Hollywood
Palms/Mar Vista RE/MAX Estate Properties 700+ Local Agents • 16 Offices • Luxury Residential Commercial Investment Division • International
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871
Market Intelligence Glossary MonthS SuPPlY oF inventorY:
Median Price:
Median Price is the price of the property that falls in the middle of the total number of properties Sold in any given month.
average Price Per Square Foot:
Found by taking the price of each property and dividing that by its square footage, then finding the average for all properties Sold.
ProPertieS For Sale: The number of properties that are for sale on the market.
ProPertieS under contract:
The number of properties with an accepted offer however they have not closed.
ProPertieS Sold: The number of properties that SOLD and transfered ownership.
This is calculated by dividing the total number of homes for sale in a particular month by the number of homes that sold in that month.
ProPertieS Pending Sale:
The number of properties placed in escrow during any given month.
abSorPtion rate (cloSed SaleS):
This is the rate at which properties sell. It is the number of properties sold divided by the total number of properties for sale.
rePort noteS:
Reports published in May 2018 are based on data available at the end of April 2018. All reports presented are based on data supplied by the CRMLS or TheMLS and Trendgraphix. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Information deemed reliable but not guaranteed
daYS on Market (cloSed SaleS):
The average number of days that properties were on ACTIVE on the market.
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Westside Market Intelligence re/MaX estate Properties tracks key data points in significant cities and areas throughout the los angeles’ Westside. beverly hills ..................................................................... 4 beverlywood.................................................................... 5 brentwood ....................................................................... 6 cheviot hills..................................................................... 7 culver city........................................................................ 8 hollywood ....................................................................... 9 inglewood ...................................................................... 10 Marina del rey ............................................................... 11 Pacific Palisades ............................................................ 12 Palms / Mar vista ........................................................... 13 Playa del rey ................................................................. 14 Playa vista ..................................................................... 15 Santa Monica ................................................................. 16 Sherman oaks ............................................................... 17 venice............................................................................. 18 West hollywood ............................................................ 19 West los angeles ........................................................... 20 Westchester ................................................................... 21 Westwood/century city ................................................ 22
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Beverly Rolling Hills Hills December APRIL STATS StatS Key Facts:
$2,558,000 N/A
Median Sold Price
$4,406,000 N/A
Average Sold Price
100 24
APR. Dec. 2016 2017
APR. Dec. 2018 2017
% Change
Median Price
$3,043 $4,555
$2,558 N/A
-100% -16%
Average Price Per Sq. Foot
$1,322 $1,192
$1,376 N/A
-100% 4%
Properties for Sale
91 18
100 24
33% 10%
Properties Pending Sales
27 2
16 3
-41% 50%
Properties Sold
32 2
16 0
-100% -50%
Days on Market (Sold Homes)
62 28
N/A 93
-100% 50%
Monthly Supply of Inventory
2.8 9
6.3 24
167% 125%
Absorption Rate (closed sales)
35.2 11.1
N/A 16
-100% -55%
Listings for Sale
16 3
Listings Pending
AVERAgE average & MEDIAN meDian PRICE Price $7,000
$3,500 $3,500 $5,000
$6,000
$4,500 $3,000 $3,000
16 0
Listings Sold
$4,000 $5,000
$4,406
$2,500 $2,500
$2,593 $2,593
$3,500
$4,000
$3,000 $2,000 $2,000
93 N/A
Days On Market
$1,655 $1,655
$2,500 $3,000 $1,500 $1,500
$2,558
$2,000
$1,000 $1,000 $2,000 $1,500 $1,000
$500 $500 $1,000 $500
$$-
$- $-
$-
Apr. Jan. May Feb. June Mar. July Apr. Aug. May Sept. June Oct. July Nov. Aug. Dec. Sept. Jan. Oct. Feb. Nov. Mar. Dec. Apr. Dec. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2017 20182017 20182017 2018 2016
Median Median
Average Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Beverlywood APRIL STATS Key Facts:
$1,374,000 Median Sold Price
$1,597,000
Average Sold Price
35
APR. 2017
APR. 2018
% Change
Median Price
$1,275
$1,374
8%
Average Price Per Sq. Foot
$706
$806
14%
Properties for Sale
21
35
67%
Properties Pending Sales
24
17
-29%
Properties Sold
21
21
0%
Days on Market (Sold Homes)
43
51
19%
Monthly Supply of Inventory
0.9
2.1
133%
Absorption Rate (closed sales) 100
60
-40%
Listings for Sale
17
Listings Pending
AVERAgE & MEDIAN PRICE $2,000
$3,500
$1,597
$1,800
$3,000
$1,600
21
Listings Sold
$2,593
$1,374
$1,400 $2,500 $1,200
$2,000
$1,655
$1,000
51
Days On Market
$1,500
$800
$600 $1,000 $400
$500
$200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Brentwood APRIL STATS Key Facts:
APR. 2017
APR. 2018
% Change
$1,720
$1,725
0%
Average Price Per Sq. Foot
$951
$925
-3%
Properties for Sale
118
136
15%
Properties Pending Sales
46
44
-4%
Properties Sold
33
30
-9%
Days on Market (Sold Homes)
47
42
-11%
Monthly Supply of Inventory
2.6
3.1
19%
Absorption Rate (closed sales)
28
22.1
-21%
Median Price
$1,725,000
Median Sold Price
$3,000,000
Average Sold Price
136
Listings for Sale
44
Listings Pending
AVERAgE & MEDIAN PRICE $4,000
$3,500
$3,500
$3,000
$3,000
30
Listings Sold
$2,593
$3,000
$2,500
$2,500
$2,000 $1,655
$2,000
42
Days On Market
$1,725
$1,500 $1,500
$1,000 $1,000
$500 $500
$$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Cheviot Hills APRIL STATS Key Facts:
$2,180,000 Median Sold Price
$2,168,000
Average Sold Price
16
APR. 2017
APR. 2018
% Change
Median Price
$1,967
$2,180
11%
Average Price Per Sq. Foot
$823
$767
-7%
Properties for Sale
16
16
0%
Properties Pending Sales
15
10
-33%
Properties Sold
9
3
-67%
Days on Market (Sold Homes)
42
63
50%
Monthly Supply of Inventory
1.8
5.3
194%
18.8
-67%
Absorption Rate (closed sales) 56.3
Listings for Sale
10
Listings Pending
AVERAgE & MEDIAN PRICE $3,500
$3,000
$3,000
$2,168
$2,500
3
Listings Sold
$2,593
$2,180
$2,500 $2,000
$2,000 $1,655
$1,500
63
Days On Market
$1,500 $1,000
$1,000
$500 $500
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Culver City APRIL STATS Key Facts:
APR. 2017
APR. 2018
% Change
$1,080
$1,054
-2%
$672
$712
6%
Properties for Sale
38
29
-24%
Properties Pending Sales
33
37
12%
Properties Sold
29
34
17%
Days on Market (Sold Homes)
35
32
-9%
Monthly Supply of Inventory
1.3
0.9
-31%
76.3
117.2
54%
Median Price
$1,054,000
Median Sold Price
$1,060,000
Average Sold Price
29
Average Price Per Sq. Foot
Absorption Rate (closed sales)
Listings for Sale
37
Listings Pending
AVERAgE & MEDIAN PRICE $3,500 $1,200 $1,060
$3,000
$1,054
$1,000
34
Listings Sold
$2,593 $2,500 $800
$2,000 $1,655
$600
32
Days On Market
$1,500 $400
$1,000
$200 $500
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Hollywood APRIL STATS Key Facts:
$875,000 Median Sold Price
$961,000
Average Sold Price
68
APR. 2017
Listings Pending
% Change
Median Price
$687
$875
27%
Average Price Per Sq. Foot
$556
$626
13%
Properties for Sale
51
68
33%
Properties Pending Sales
15
26
73%
Properties Sold
12
13
8%
Days on Market (Sold Homes)
73
61
-16%
Monthly Supply of Inventory
3.4
2.6
-24%
Absorption Rate (closed sales) 23.5
19.1
-19%
Listings for Sale
26
APR. 2018
AVERAgE & MEDIAN PRICE $3,500 $1,200 $961
$3,000
$1,000
13
Listings Sold
$2,593 $875
$2,500 $800
$2,000 $1,655
$600
61
Days On Market
$1,500 $400
$1,000
$200 $500
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Inglewood APRIL STATS Key Facts:
$595,000
Median Sold Price
$542,000
Average Sold Price
31
APR. 2017
APR. 2018
% Change
Median Price
$413
$595
44%
Average Price Per Sq. Foot
$363
$405
12%
Properties for Sale
36
31
-14%
Properties Pending Sales
33
36
9%
Properties Sold
38
25
-34%
Days on Market (Sold Homes)
23
26
13%
Monthly Supply of Inventory
0.9
1.2
33%
80.6
-24%
Absorption Rate (closed sales) 105.6
Listings for Sale
36
Listings Pending
AVERAgE & MEDIAN PRICE $700
$3,500 $595
$600
$542
$3,000
25
Listings Sold
$2,593
$500
$2,500
$400 $2,000
$1,655
26
Days On Market
$300 $1,500
$1,000 $200 $500 $100 $-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Marina Del Rey APRIL STATS Key Facts:
$1,093,000 Median Sold Price
$1,200,000
Average Sold Price
69
APR. 2017
APR. 2018
% Change
Median Price
$890
$1,093
23%
Average Price Per Sq. Foot
$688
$704
2%
Properties for Sale
73
69
-5%
Properties Pending Sales
36
31
-14%
Properties Sold
38
34
-11%
Days on Market (Sold Homes)
41
33
-20%
Monthly Supply of Inventory
1.9
2
5%
49.3
-5%
Absorption Rate (closed sales) 52.1
Listings for Sale
31
Listings Pending
AVERAgE & MEDIAN PRICE $1,600
$3,500
$1,400
$3,000
34
Listings Sold
$1,200
$1,200
$2,500
$2,593
$1,093
$1,000
$2,000 $1,655
$800
33
Days On Market
$1,500 $600
$1,000 $400
$500 $200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Pacific Palisades APRIL STATS Key Facts:
APR. 2017
APR. 2018
% Change
$2,268
$3,039
34%
$856
$1,132
32%
Properties for Sale
82
83
1%
Properties Pending Sales
30
33
10%
Properties Sold
28
30
7%
Days on Market (Sold Homes)
72
66
-8%
Monthly Supply of Inventory
2.9
2.8
-3%
Absorption Rate (closed sales)
34.1
36.1
6%
Median Price
$3,039,000
Median Sold Price
$4,362,000
Average Sold Price
83
Average Price Per Sq. Foot
Listings for Sale
33
Listings Pending
AVERAgE & MEDIAN PRICE $3,500
$5,000 $4,362
$4,500 $3,000
30
Listings Sold
$2,593
$4,000
$2,500 $3,500 $3,039
$2,000 $3,000
$1,655 $2,500
66
Days On Market
$1,500
$2,000
$1,000 $1,500 $1,000
$500
$500
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Palms/Mar Vista APRIL STATS Key Facts:
$1,578,000 Median Sold Price
$1,610,000
Average Sold Price
APR. 2017
APR. 2018
% Change
Median Price
$1,275
$1,578
24%
Average Price Per Sq. Foot
$795
$815
3%
Properties for Sale
56
49
-13%
Properties Pending Sales
37
37
0%
Properties Sold
28
45
61%
Days on Market (Sold Homes) 48
35
-27%
2
1.1
-45%
91.8
84%
Monthly Supply of Inventory
49
Absorption Rate (closed sales) 50
Listings for Sale
37
Listings Pending
AVERAgE & MEDIAN PRICE $3,500 $1,800
$1,610
$3,000
$1,578
$1,600
45
Listings Sold
$2,593
$1,400 $2,500 $1,200
$2,000 $1,655
$1,000
35
Days On Market
$1,500
$800
$1,000$600 $400
$500
$200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Playa del Rey APRIL STATS Key Facts:
$1,150,000
Median Sold Price
$1,406,000
Average Sold Price
28
APR. 2017
Listings Pending
% Change
Median Price
$645
$1,150
78%
Average Price Per Sq. Foot
$687
$540
-21%
Properties for Sale
15
28
87%
Properties Pending Sales
24
23
-4%
Properties Sold
17
13
-24%
Days on Market (Sold Homes)
58
46
-21%
Monthly Supply of Inventory
0.9
2.2
144%
46.4
-59%
Absorption Rate (closed sales) 113.3
Listings for Sale
23
APR. 2018
AVERAgE & MEDIAN PRICE $1,800
$3,500
$1,600
$1,406
$3,000 $1,400
13
Listings Sold
$2,593
$2,500
$1,150
$1,200
$2,000 $1,000 $1,655
46
Days On Market
$800 $1,500 $600
$1,000
$400
$500 $200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Playa Vista APRIL STATS Key Facts:
$1,170,000 Median Sold Price
$1,261,000
Average Sold Price
16
APR. 2017
APR. 2018
% Change
Median Price
$1,014
$1,170
15%
Average Price Per Sq. Foot
$637
$718
13%
Properties for Sale
28
16
-43%
Properties Pending Sales
13
14
8%
Properties Sold
14
16
14%
Days on Market (Sold Homes)
77
30
-61%
Monthly Supply of Inventory
2
1
-50%
100
100%
Absorption Rate (closed sales) 50
Listings for Sale
14
Listings Pending
AVERAgE & MEDIAN PRICE $3,500 $2,500
$3,000 $2,000
16
Listings Sold
$2,593
$2,500 $1,500
$2,000
$1,655 $1,261 $1,170
30
Days On Market
$1,500
$1,000
$1,000 $500
$500
$- $Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Santa Monica APRIL STATS Key Facts:
$1,355,000
Median Sold Price
$1,960,000
Average Sold Price
130
APR. 2017
APR. 2018
% Change
Median Price
$1,650
$1,355
-18%
Average Price Per Sq. Foot
$1,136
$1,090
-4%
Properties for Sale
119
130
9%
Properties Pending Sales
43
73
70%
Properties Sold
53
55
4%
Days on Market (Sold Homes)
59
48
-19%
Monthly Supply of Inventory
2.2
2.4
9%
42.3
-5%
Absorption Rate (closed sales) 44.5
Listings for Sale
73
Listings Pending
AVERAgE & MEDIAN PRICE $3,500 $2,500
$3,000
55
$1,960
$2,593
$2,000 $2,500
Listings Sold $2,000
$1,500
48
Days On Market
$1,355 $1,655
$1,500 $1,000
$1,000 $500
$500
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Sherman Oaks APRIL STATS Key Facts:
$1,075,000 Median Sold Price
$1,348,000
Average Sold Price
152
APR. 2017
APR. 2018
% Change
Median Price
$800
$1,075
34%
Average Price Per Sq. Foot
$476
$581
22%
Properties for Sale
153
152
-1%
Properties Pending Sales
92
77
-16%
Properties Sold
79
76
-4%
Days on Market (Sold Homes)
62
51
-18%
Monthly Supply of Inventory
1.9
2
5%
50
-3%
Absorption Rate (closed sales) 51.6
Listings for Sale
77
Listings Pending
AVERAgE & MEDIAN PRICE $3,500
$1,600
$3,000
$1,400
76
Listings Sold
$1,348
$2,593 $2,500 $1,200 $1,075 $1,000 $2,000
$1,655
51
Days On Market
$800
$1,500
$600
$1,000 $400
$500 $200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Venice APRIL STATS Key Facts:
$1,930,000
Median Sold Price
$2,181,000
Average Sold Price
75
APR. 2017
APR. 2018
% Change
Median Price
$1,670
$1,930
16%
Average Price Per Sq. Foot
$1,379
$957
-31%
Properties for Sale
63
75
19%
Properties Pending Sales
24
25
4%
Properties Sold
21
13
-38%
Days on Market (Sold Homes)
55
65
18%
Monthly Supply of Inventory
3
5.8
93%
33.3
17.3
-48%
Absorption Rate (closed sales)
Listings for Sale
25
Listings Pending
AVERAgE & MEDIAN PRICE $3,500 $3,000 $3,000
$2,500
13
Listings Sold
$2,181
$2,593
$2,500 $1,930
$2,000
$2,000 $1,655
$1,500
65
Days On Market
$1,500 $1,000
$1,000
$500 $500 $-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
West Hollywood APRIL STATS Key Facts:
$924,000 Median Sold Price
$1,236,000
Average Sold Price
84
APR. 2017
Listings Pending
% Change
Median Price
$797
$924
16%
Average Price Per Sq. Foot
$765
$841
10%
Properties for Sale
94
84
-11%
Properties Pending Sales
41
50
22%
Properties Sold
54
44
-19%
Days on Market (Sold Homes)
54
41
-24%
Monthly Supply of Inventory
1.7
1.9
12%
52.4
-9%
Absorption Rate (closed sales) 57.4
Listings for Sale
50
APR. 2018
AVERAgE & MEDIAN PRICE $3,500 $1,600
$3,000
$1,400
44
Listings Sold
$1,236
$2,593
$2,500 $1,200 $1,000 $2,000
$924
$1,655
41
Days On Market
$800
$1,500
$600
$1,000 $400
$500 $200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
West Los Angeles APRIL STATS Key Facts:
APR. 2017
APR. 2018
% Change
$1,073
$1,088
1%
Average Price Per Sq. Foot
$717
$717
0%
Properties for Sale
35
42
20%
Properties Pending Sales
28
26
-7%
Properties Sold
18
20
11%
Days on Market (Sold Homes)
46
43
-7%
Monthly Supply of Inventory
1.9
2.1
11%
Absorption Rate (closed sales)
51.4
47.6
-7%
Median Price
$1,088,000
Median Sold Price
$1,376,000
Average Sold Price
42
Listings for Sale
26
Listings Pending
AVERAgE & MEDIAN PRICE $1,600
$1,376
$3,500 $1,400
$3,000 $1,200
20
Listings Sold
$2,593 $1,088
$2,500 $1,000
$2,000
$800
43
Days On Market
$1,655
$1,500
$600
$1,000
$400
$500 $200 $-$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Westchester APRIL STATS Key Facts:
$1,175,000 Median Sold Price
$1,289,000
Average Sold Price
56
APR. 2017
APR. 2018
% Change
Median Price
$1,230
$1,175
-4%
Average Price Per Sq. Foot
$663
$714
8%
Properties for Sale
50
56
12%
Properties Pending Sales
33
33
0%
Properties Sold
18
37
106%
Days on Market (Sold Homes)
39
32
-18%
Monthly Supply of Inventory
2.8
1.5
-46%
Absorption Rate (closed sales) 36
66.1
84%
Listings for Sale
33
Listings Pending
AVERAgE & MEDIAN PRICE $3,500
$1,400
$1,289
$3,000
$1,175
$1,200
37
Listings Sold
$2,593 $2,500
$1,000
$2,000
$800
32
Days On Market
$1,655
$1,500
$600
$1,000
$400
$500
$200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi� Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Westwood/Century City APRIL STATS Key Facts:
$1,271,000
Median Sold Price
$1,644,000
Average Sold Price
147
APR. 2017
64
% Change
Median Price
$868
$1,271
46%
Average Price Per Sq. Foot
$758
$801
6%
Properties for Sale
161
147
-9%
Properties Pending Sales
58
64
10%
Properties Sold
48
68
42%
Days on Market (Sold Homes)
44
54
23%
Monthly Supply of Inventory
3.4
2.2
-35%
46.3
55%
Absorption Rate (closed sales) 29.8
Listings for Sale
Listings Pending
APR. 2018
AVERAgE & MEDIAN PRICE $3,500 $2,000 $1,800
$3,000
68
Listings Sold
$1,644
$1,600
$2,593
$2,500
$1,400
$1,271
$1,200 $2,000
$1,655
$1,000
54
Days On Market
$1,500 $800
$1,000 $600 $400
$500
$200
$-
$Apr. May June July Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr. 2017 2017 2017 2017 2017 2017 2017 2017 2017 2018 2018 2018 2018
Median
Average
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
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LOS ANGELES 550 South Hope Street, Suite 500 Los Angeles, CA 90071
SOUTH BAY 23001 Hawthorne Blvd., Suite 205 Torrance, CA 90505
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871 If your home is currently listed by another broker this is not intended as a solicitation. Information contained herein deemed reliable, although not guaranteed.
Mahrukh “Rukhi” Ghaznavi www.RukhiSellsHomes.com
RukhiSellsHomes@gmail.com | 310.283.1452 | Lic# 01725871