Local Market Report November
20 17
Westside / Los Angeles
RodeoRE.com
Table of Contents Bel Air - Holmby Hills
2
Marina del Rey
16
Beverly Center - Miracle Mile
3
Mid Los Angeles
17
Beverly Hills
4
Mid Wilshire
18
Beverly Hills P.O.
5
Palms
19
Beverlywood
6
Pacific Palisades
20
Brentwood
7
Playa Vista
21
Cheviot Hills - Rancho Park
8
Santa Monica
22
Culver City
9
Silverlake - Echo Park
23
Hancock Park
10
Hollywood
11
Sunset Strip Hollywood Hills West
24
Hollywood Hills East
12
Venice
25
Los Feliz
13
West Hollywood
26
Malibu
14
West Los Angeles
27
Malibu Beach
15
Westwood - Century City
28
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Bel Air-Holmby Hills
Nov 2016
Median Price $862,500
Properties Sold
24
Sales Volume $121,646,745
Average Sale Price
$5,068,614
Properties For Sale 226
Average Days on Market
53
Months Supply of Inventory 9
Average List Price
$6,774,802
Nov 2017 $1,510,750
75%
25
4%
$52,565,050
-57%
$2,102,602
-59%
243
8%
37
-30%
10
11%
$5,535,559
-18%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Beverly Center - Miracle Mile
Nov 2016
Median Price $1,275,000
Properties Sold
23
Sales Volume $30,223,000
Average Sale Price
$1,314,043
Properties For Sale 98
Average Days on Market
57
Months Supply of Inventory 4
Average List Price
$1,842,541
Nov 2017 $1,295,000
2%
24
4%
$31,758,455
5%
$1,323,269
1%
63
-36%
24
-58%
3
-25%
$1,774,862
-4%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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%Change
Beverly Hills
Nov 2016
Median Price $2,850,000
Properties Sold
29
Sales Volume $150,259,925
Average Sale Price
$5,181,377
Properties For Sale 29
Average Days on Market
68
Months Supply of Inventory 10
Average List Price
$6,476,916
Nov 2017 $2,964,500
4%
34
17%
$149,735,113
0%
$4,403,974
-15%
34
17%
61
-10%
7
-30%
$7,692,364
19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Beverly Hills P.O.
Nov 2016
Median Price $2,850,000
Properties Sold
14
Sales Volume $71,418,350
Average Sale Price
$5,101,311
Properties For Sale 137
Average Days on Market
82
Months Supply of Inventory 10
Average List Price
$5,044,196
Nov 2017 $3,050,000
7%
13
-7%
$58,766,725
-18%
$4,520,517
-11%
119
-13%
75
-9%
9
-10%
$11,564,188
129%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Beverlywood
Nov 2016
Median Price $1,021,015
Properties Sold
20
Sales Volume $24,356,030
Average Sale Price
$1,217,802
Properties For Sale 44
Average Days on Market
59
Months Supply of Inventory 2
Average List Price
$1,400,588
Nov 2017 $1,228,500
20%
24
20%
$37,594,375
54%
$1,566,432
29%
45
2%
24
-59%
2
0%
$1,979,218
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
41%
Brentwood
Nov 2016
Median Price $1,825,000
Properties Sold
36
Sales Volume $109,400,000
Average Sale Price
$3,038,889
Properties For Sale 131
Average Days on Market
58
Months Supply of Inventory 4
Average List Price
$4,034,682
Nov 2017 $2,100,000
15%
37
3%
$106,989,898
-2%
$2,891,619
-5%
138
5%
38
-34%
4
0%
$3,942,396
-2%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Cheviot Hills - Rancho Park
Nov 2016
Median Price $1,696,500
Properties Sold
6
Sales Volume $10,233,000
Average Sale Price
$1,705,500
Properties For Sale 19
Average Days on Market
79
Months Supply of Inventory 3
Average List Price
$2,455,167
Nov 2017 $1,825,000
8%
7
17%
$15,878,805
55%
$2,268,401
33%
15
-21%
27
-66%
2
-33%
$1,465,500
-40%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Culver City
Nov 2016
Nov 2017
%Change
Median Price $740,000
$980,500
33%
35
-15%
Properties Sold
41
Sales Volume $34,559,150
Average Sale Price
$842,906
Properties For Sale 50
Average Days on Market
36
Months Supply of Inventory 1
Average List Price
$879,667
$35,145,500
2%
$1,004,157
19%
55
10%
21
-42%
2
100%
$1,025,747
17%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hancock Park
Nov 2016
Median Price $1,365,000
Properties Sold
39
Sales Volume $63,443,070
Average Sale Price
$1,626,745
Properties For Sale 159
Average Days on Market
52
Months Supply of Inventory 4
Average List Price
$2,903,443
Nov 2017 $1,252,500
-8%
34
-13%
$55,748,820
-12%
$1,639,671
1%
107
-33%
31
-40%
3
-25%
$1,610,664
-45%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Hollywood
Nov 2016
Nov 2017
%Change
Median Price $510,000
$749,000
47%
19
46%
$16,634,500
100%
$875,500
37%
19
46%
41
-21%
3
-50%
$807,682
-4%
Properties Sold
13
Sales Volume $8,310,000
Average Sale Price
$639,231
Properties For Sale 13
Average Days on Market
52
Months Supply of Inventory 6
Average List Price
$844,521
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood Hills East
Nov 2016
Median Price $1,391,000
Properties Sold
22
Sales Volume $28,871,000
Average Sale Price
$1,312,318
Properties For Sale 79
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$1,849,761
Nov 2017 $1,056,000
-24%
6
-73%
$6,823,000
-76%
$1,137,167
-13%
56
-29%
48
9%
9
125%
$1,405,514
-24%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Los Feliz
Nov 2016 Median Price $1,550,000
Nov 2017 $1,700,000
10%
Properties Sold 15 Sales Volume $24,501,574
23
53%
$44,423,515
81%
$1,931,457
18%
62
-32%
41
0%
3
-50%
$1,936,045
10%
Average Sale Price
$1,633,438
Properties For Sale 91
Average Days on Market
41
Months Supply of Inventory 6
Average List Price
$1,767,523
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Malibu
Nov 2016
Median Price $2,187,500
Properties Sold
13
Sales Volume $34,417,500
Average Sale Price
$2,647,500
Properties For Sale 13
Average Days on Market
125
Months Supply of Inventory 16
Average List Price
$4,449,023
Nov 2017 $1,545,000
-29%
22
69%
$41,675,350
21%
$1,894,334
-28%
22
69%
109
-13%
8
-50%
$4,577,326
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
3%
Malibu Beach
Nov 2016
Median Price $8,625,000
Properties Sold
2
Sales Volume $17,250,000
Average Sale Price
$8,625,000
Properties For Sale 2
Average Days on Market
217
Months Supply of Inventory 37
Average List Price
$15,596,857
Nov 2017 $6,865,000 2
-20% 0%
$13,730,000
-20%
$6,865,000
-20%
2
0%
80
-63%
31
-16%
$4,433,722
-72%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Marina del Rey
Nov 2016
Nov 2017
%Change
Median Price $835,000
$950,000
14%
43
48%
$48,123,899
35%
$1,119,160
-9%
43
48%
27
-57%
2
-50%
$1,574,267
26%
Properties Sold
29
Sales Volume $35,643,500
Average Sale Price
$1,229,086
Properties For Sale 29
Average Days on Market
63
Months Supply of Inventory 4
Average List Price
$1,252,760
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Mid Los Angeles
Nov 2016
Nov 2016
%Change
Median Price $625,000
$630,500
1%
31
3%
$22,583,750
19%
$728,508
15%
99
1%
37
-31%
3
0%
$816,817
26%
Properties Sold
30
Sales Volume $19,048,700
Average Sale Price
$634,957
Properties For Sale 98
Average Days on Market
54
Months Supply of Inventory 3
Average List Price
$648,357
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Mid Wilshire
Nov 2016
Nov 2017
%Change
Median Price $548,750
$640,000
17%
45
150%
$30,042,250
210%
$667,606
24%
77
5%
37
-16%
2
-50%
$752,263
-9%
Properties Sold
18
Sales Volume $9,679,750
Average Sale Price
$537,764
Properties For Sale 73
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$827,515
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Pacific Palisades
Nov 2016
Median Price $2,867,500
Properties Sold
20
Sales Volume $67,583,810
Average Sale Price
$3,379,191
Properties For Sale 126
Average Days on Market
48
Months Supply of Inventory 6
Average List Price
$3,777,808
Nov 2017 $2,550,000
-11%
29
45%
$104,268,300
54%
$3,595,459
6%
93
-26%
35
-27%
3
-50%
$3,219,195
-15%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Palms
Nov 2016
Median Price $1,393,000
Properties Sold
42
Sales Volume $59,814,300
Average Sale Price
$1,424,150
Properties For Sale 72
Average Days on Market
34
Months Supply of Inventory 2
Average List Price
$1,378,343
Nov 2017 $1,427,500
2%
36
-14%
$51,402,580
-14%
$1,427,849
0%
62
-14%
35
3%
2
0%
$1,741,406
26%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Playa Vista
Nov 2016
Median Price $933,500
Properties Sold
12
Sales Volume $13,769,592
Average Sale Price
$1,147,466
Properties For Sale 30
Average Days on Market
29
Months Supply of Inventory 3
Average List Price
$955,995
Nov 2017 $1,188,000
27%
17
42%
$21,578,000
57%
$1,269,294
11%
14
-53%
24
-17%
1
-67%
$1,942,063
103%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Santa Monica
Nov 2016
Median Price $1,400,500
Properties Sold
52
Sales Volume $100,261,506
Average Sale Price
$1,928,106
Properties For Sale 52
Average Days on Market
58
Months Supply of Inventory 3
Average List Price
$1,937,940
Nov 2017 $1,647,000
18%
51
-2%
$104,434,355
4%
$2,047,732
6%
51
-2%
20
-66%
3
0%
$1,883,200
-3%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Silverlake - Echo Park
Nov 2016
Nov 2017
%Change
Median Price $830,000
$975,000
17%
28
0%
$32,034,000
30%
$1,144,071
30%
28
0%
22
-70%
3
-25%
$1,047,426
12%
Properties Sold
28
Sales Volume $24,558,194
Average Sale Price
$877,078
Properties For Sale 28
Average Days on Market
73
Months Supply of Inventory 4
Average List Price
$933,661
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Sunset Strip - Hollywood Hills West
Nov 2016
Median Price $1,570,000
Properties Sold
38
Sales Volume $88,520,000
Average Sale Price
$2,329,474
Properties For Sale 38
Average Days on Market
64
Months Supply of Inventory 8
Average List Price
$2,600,311
Nov 2017 $1,600,000
2%
51
34%
$93,452,810
6%
$1,832,408
-21%
51
34%
46
-28%
6
-25%
$4,048,377
56%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Venice
Nov 2016
Median Price $1,762,500
Properties Sold
18
Sales Volume $41,064,000
Average Sale Price
$2,281,333
Properties For Sale 18
Average Days on Market
50
Months Supply of Inventory 5
Average List Price
$2,471,961
Nov 2017 $1,895,000
8%
25
39%
$53,943,025
31%
$2,157,721
-5%
25
39%
35
-30%
3
-40%
$2,419,984
-2%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
West Hollywood
Nov 2016
Nov 2017
%Change
Median Price $730,000
$777,750
7%
Properties Sold
39
Sales Volume $38,156,000
Average Sale Price
$978,359
Properties For Sale 39
Average Days on Market
59
Months Supply of Inventory 3
Average List Price
$1,112,926
34
-13%
$36,906,000
-3%
$1,085,471
11%
34
-13%
27
-54%
3
0%
$1,235,151
11%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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West Los Angeles
Nov 2016
Nov 2017
%Change
Median Price $838,000
$842,500
1%
24
14%
$23,922,500
33%
$996,771
17%
38
-24%
20
-47%
2
0%
$1,197,071
3%
Properties Sold
21
Sales Volume $17,919,494
Average Sale Price
$853,309
Properties For Sale 50
Average Days on Market
38
Months Supply of Inventory 2
Average List Price
$1,167,100
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Westwood - Century City
Nov 2016
Median Price $1,080,000
Properties Sold
67
Sales Volume $107,258,975
Average Sale Price
$1,600,880
Properties For Sale 204
Average Days on Market
62
Months Supply of Inventory 3
Average List Price
$1,717,283
Nov 2017 $1,131,000
5%
63
-6%
$115,760,906
8%
$1,837,475
15%
167
-18%
37
-40%
3
0%
$1,754,357
2%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
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