Local Market Report
October
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
October 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
October 2017 %Change $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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Beverly Center - Miracle Mile
October 2016
Median Price $208,750
Properties Sold
58
Sales Volume $42,278,901
Average Sale Price
$728,947
Properties For Sale 256
Average Days on Market
43
Months Supply of Inventory 4
Average List Price
$802,857
October 2017 %Change $6,813
-97%
64
10%
$44,457,374
5%
$694,646
-5%
278
9%
41
-5%
4
0%
$720,569
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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-10%
Beverly Hills
October 2016
Median Price $1,030,000
Properties Sold
96
Sales Volume $178,276,269
Average Sale Price
$1,876,592
Properties For Sale 614
Average Days on Market
66
Months Supply of Inventory 6
Average List Price
$3,374,092
October 2017 %Change $898,625
-13%
64
-33%
$169,407,372
-5%
$2,646,990
41%
691
13%
51
-23%
11
83%
$2,111,169
-37%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Beverly Hills P.O.
October 2016
Median Price $1,290,000
October 2017 %Change $2,612,831
103%
16
-30%
$56,571,912
33%
$3,535,745
82%
233
-7%
82
60
-27%
Months Supply of Inventory 11
15
36%
$2,681,311
-15%
Properties Sold
23
Sales Volume $42,683,500
Average Sale Price
$1,940,159
Properties For Sale 251
Average Days on Market
Average List Price
$3,140,636
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Beverlywood
October 2016
Median Price $1,175,000
Properties Sold
23
Sales Volume $34,874,910
Average Sale Price
$1,516,300
Properties For Sale 117
Average Days on Market
37
Months Supply of Inventory 5
Average List Price
$917,920
October 2017 %Change $1,060,000 25
9%
$25,321,249
-27%
$1,012,850
-33%
123
5%
37
0%
5
0%
$989,236
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
8%
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-10%
Brentwood
October 2016
Median Price $737,500
Properties Sold
56
Sales Volume $104,003,715
Average Sale Price
$1,857,209
Properties For Sale 265
Average Days on Market
58
Months Supply of Inventory 5
Average List Price
$2,016,813
October 2017 %Change $993,500
35%
59
5%
$107,151,715
3%
$1,816,131
-2%
296
12%
46
-21%
5
0%
$2,394,075
19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Cheviot Hills - Rancho Park
October 2016
Median Price $6,750
Properties Sold
7
Sales Volume $3,804,100
Average Sale Price
$543,443
Properties For Sale 31
Average Days on Market
60
Months Supply of Inventory 4
Average List Price
$1,987,778
October 2017 %Change $7,625
13%
6
-14%
$5,535,245
46%
$922,541
70%
34
10%
53
-12%
6
50%
$1,897,500
-5%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Culver City
October 2016
Median Price $534,500
Properties Sold
42
Sales Volume $27,373,370
Average Sale Price
$651,747
Properties For Sale 42
Average Days on Market
38
Months Supply of Inventory 3
Average List Price
$655,427
October 2017 %Change $945,625
77%
39
-7%
$36,182,020
32%
$927,744
42%
39
-7%
24
-37%
4
33%
$725,269
11%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hancock Park
October 2016
Median Price $944,500
Properties Sold
54
Sales Volume $67,275,874
Average Sale Price
$1,245,850
Properties For Sale 262
Average Days on Market
46
Months Supply of Inventory 5
Average List Price
$1,010,856
October 2017 %Change $765,000
-19%
61
13%
$63,474,230
-6%
$1,040,561
-16%
267
2%
27
-41%
4
-20%
$1,375,530
36%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood
October 2016
Median Price $470,000
Properties Sold
45
Sales Volume $26,012,500
Average Sale Price
$578,056
Properties For Sale 225
Average Days on Market
38
Months Supply of Inventory 5
Average List Price
$535,130
October 2017 %Change $583,800
24%
46
2%
$33,811,933
30%
$735,042
27%
325
44%
39
3%
7
40%
$402,283
-25%
*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
October 2016
Median Price $305,000
Properties Sold
21
Sales Volume $11,250,977
Average Sale Price
$535,761
Properties For Sale 147
Average Days on Market
39
Months Supply of Inventory 7
Average List Price
$900,480
October 2017 %Change $805,000
164%
29
38%
$24,991,030
122%
$861,760
61%
128
-13%
48
23%
4
-43%
$944,722
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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5%
Los Feliz
October 2016 Median Price $985,000
October 2017 %Change $1,285,000
30%
Properties Sold 26 Sales Volume $31,977,320
29
12%
$39,450,700
23%
$1,360,369
11%
142
-8%
39
-5%
5
-17%
$1,325,398
-6%
Average Sale Price
$1,229,897
Properties For Sale 155
Average Days on Market
41
Months Supply of Inventory 6
Average List Price
$1,413,965
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Malibu
October 2016
Median Price $48,500
Properties Sold
44
October 2017 %Change $1,175,000
2323%
35
-20%
$68,781,620
43%
$1,965,189
80%
458
-7%
92
72
-22%
Months Supply of Inventory 11
13
18%
$3,003,002
26%
Sales Volume $47,952,535
Average Sale Price
$1,089,830
Properties For Sale 493
Average Days on Market
Average List Price
$2,377,015
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Malibu Beach
October 2016
Median Price $1,478,000
Properties Sold
6
Sales Volume $26,564,500
Average Sale Price
$4,427,417
Properties For Sale 240
Average Days on Market
166
Months Supply of Inventory 40
Average List Price
$3,261,305
October 2017 %Change $45,000
-97%
19
217%
$30,905,548
16%
$1,626,608
-63%
199
-17%
188
13%
10
-75%
$6,919,683
112%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Marina del Rey
October 2016
Median Price $6,750
Properties Sold
89
Sales Volume $47,660,280
Average Sale Price
$535,509
Properties For Sale 206
Average Days on Market
44
Months Supply of Inventory 2
Average List Price
$599,427
October 2017 %Change $677,000 71
-20%
$48,643,774
2%
$685,124
28%
226
10%
34
-23%
3
50%
$798,138
33%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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9930%
Mid Los Angeles
October 2016
Median Price $740,903
Properties Sold
76
Sales Volume $49,981,120
Average Sale Price
$657,646
Properties For Sale 76
Average Days on Market
41
Months Supply of Inventory 4
Average List Price
$740,903
October 2016 %Change $738,338 64
-16%
$53,986,100
8%
$843,533
28%
64
-16%
39
-5%
4
0%
$738,338
0%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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0%
Mid Wilshire
October 2016
Median Price $440,000
Properties Sold
53
Sales Volume $20,587,816
Average Sale Price
$388,449
Properties For Sale 184
Average Days on Market
40
Months Supply of Inventory 3
Average List Price
$522,560
October 2017 %Change $654,900
49%
41
-23%
$26,068,740
27%
$635,823
64%
209
14%
45
13%
5
67%
$917,344
76%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Pacific Palisades
October 2016
Median Price $936,000
Properties Sold
53
Sales Volume $111,117,068
Average Sale Price
$2,096,548
Properties For Sale 53
Average Days on Market
73
Months Supply of Inventory 4
Average List Price
$2,720,539
October 2017 %Change $2,005,000
114%
45
-15%
$102,204,012
-8%
$2,271,200
8%
45
-15%
49
-33%
5
25%
$2,215,439
-19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Palms
October 2016
Median Price $866,500
Properties Sold
45
Sales Volume $43,881,005
Average Sale Price
$975,133
Properties For Sale 136
Average Days on Market
46
Months Supply of Inventory 3
Average List Price
$1,185,358
October 2017 %Change $1,200,000
38%
66
47%
$73,130,670
67%
$1,108,040
14%
150
10%
34
-26%
2
-33%
$1,452,435
23%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Playa Vista
October 2016
Median Price $707,000
Properties Sold
20
Sales Volume $11,986,094
Average Sale Price
$599,305
Properties For Sale 49
Average Days on Market
43
Months Supply of Inventory 2
Average List Price
$838,437
October 2017 %Change $967,500
37%
23
15%
$19,355,398
61%
$841,539
40%
75
53%
20
-53%
3
50%
$816,984
-3%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Santa Monica
October 2016
Median Price $10,000
Properties Sold
103
Sales Volume $82,273,539
Average Sale Price
$798,772
Properties For Sale 475
Average Days on Market
46
Months Supply of Inventory 3
Average List Price
$976,617
October 2017 %Change $9,000 103
0%
$103,415,328
26%
$1,004,032
26%
615
29%
37
-20%
4
33%
$789,017
-19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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-10%
Silverlake - Echo Park
October 2016
Median Price $787,500
Properties Sold
65
Sales Volume $49,340,685
Average Sale Price
$759,087
Properties For Sale 65
Average Days on Market
45
Months Supply of Inventory 4
Average List Price
$814,672
October 2017 %Change $952,500
21%
70
8%
$67,221,993
36%
$960,314
27%
70
8%
27
-40%
4
0%
$891,302
9%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Sunset Strip - Hollywood Hills West
October 2016
Median Price $460,500
Properties Sold
61
Sales Volume $56,477,976
Average Sale Price
$925,868
Properties For Sale 61
Average Days on Market
51
Months Supply of Inventory 9
Average List Price
$1,983,440
October 2017 %Change $787,500
71%
78
28%
$83,248,310
47%
$1,067,286
15%
78
28%
57
12%
8
-11%
$2,269,588
14%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Venice
October 2016
Median Price $707,500
Properties Sold
56
Sales Volume $54,789,765
Average Sale Price
$978,389
Properties For Sale 234
Average Days on Market
44
Months Supply of Inventory 4
Average List Price
$707,500
October 2017 %Change $10,400
-99%
50
-11%
$43,114,160
-21%
$862,283
-12%
267
14%
36
-18%
5
25%
$10,400
-99%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
West Hollywood
October 2016
Median Price $532,450
Properties Sold
72
Sales Volume $49,527,199
Average Sale Price
$687,878
Properties For Sale 283
Average Days on Market
39
Months Supply of Inventory 4
Average List Price
$577,190
October 2017 %Change $618,000
16%
69
-4%
$43,041,591
-13%
$623,791
-9%
357
26%
47
21%
5
25%
$953,118
65%
*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
October 2016
Median Price $637,000
Properties Sold
45
Sales Volume $22,521,283
Average Sale Price
$500,473
Properties For Sale 132
Average Days on Market
31
Months Supply of Inventory 3
Average List Price
$514,344
October 2017 %Change $685,000
8%
49
9%
$35,002,850
55%
$714,344
43%
181
37%
39
26%
4
33%
$614,859
20%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
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Westwood - Century City
October 2016
Median Price $744,500
Properties Sold
120
Sales Volume $114,668,375
Average Sale Price
$955,570
Properties For Sale 406
Average Days on Market
54
Months Supply of Inventory 3
Average List Price
$744,500
October 2017 %Change $565,500
-24%
80
-33%
$64,376,305
-44%
$804,704
-16%
470
16%
39
-28%
6
100%
$565,500
-24%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
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