Local Market Report
20 17 September
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
Sept 2016
Median Price $1,146,500
Properties Sold
24
Sales Volume $46,019,745
Average Sale Price
$1,917,489
Properties For Sale 243
Average Days on Market
59
Months Supply of Inventory 10
Average List Price
$2,718,731
Sept 2017 $2,124,313
85%
32
33%
$100,607,676
119%
$3,143,990
64%
239
-2%
59
0%
7
-30%
$4,842,237
78%
*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
Sept 2016
Median Price $11,500
Properties Sold
63
Sales Volume $49,838,570
Average Sale Price
$791,088
Properties For Sale 247
Average Days on Market
54
Months Supply of Inventory 4
Average List Price
$821,728
Sept 2017
%Change
$695,000
5943%
67
6%
$53,592,395
8%
$799,886
1%
284
15%
37
-31%
4
0%
$788,560
-4%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Beverly Hills
Sept 2016
Median Price $12,750
Properties Sold
90
Sales Volume $97,945,666
Average Sale Price
$1,088,285
Properties For Sale 591
Average Days on Market
58
Months Supply of Inventory 7
Average List Price
$3,191,463
Sept 2017 $19,500
53%
67
-26%
$149,245,365
52%
$2,227,543
105%
653
10%
59
2%
10
43%
$4,656,805
46%
*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.
Sept 2016
Median Price $1,325,000
Sept 2017
%Change
$2,100,000
58%
18
-28%
$45,317,500
-7%
$2,517,639
30%
206
-15%
48
70
46%
Months Supply of Inventory 10
11
10%
$7,743,098
119%
Properties Sold
25
Sales Volume $48,522,485
Average Sale Price
$1,940,899
Properties For Sale 241
Average Days on Market
Average List Price
$3,534,047
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Beverlywood
Sept 2016
Median Price $875,000
Properties Sold
59
Sales Volume $53,410,030
Average Sale Price
$905,255
Properties For Sale 106
Average Days on Market
44
Months Supply of Inventory 2
Average List Price
$1,319,934
Sept 2017 $1,125,750
29%
20
-66%
$24,068,100
-55%
$1,203,405
33%
110
4%
29
-34%
6
200%
$1,457,423
10%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Brentwood
Sept 2016
Median Price $792,500
Properties Sold
74
Sales Volume $98,814,995
Average Sale Price
$1,335,338
Properties For Sale 256
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$2,236,258
Sept 2017
%Change
$1,011,000
28%
66
-11%
$120,608,873
22%
$1,827,407
37%
269
5%
44
-12%
4
33%
$2,961,280
32%
*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
Sept 2016
Median Price $1,349,500
Properties Sold
10
Sales Volume $15,285,750
Average Sale Price
$1,528,575
Properties For Sale 33
Average Days on Market
37
Months Supply of Inventory 3
Average List Price
$1,883,830
Sept 2017 $1,735,375
29%
10
0%
$15,097,640
-1%
$1,509,764
-1%
38
15%
23
-38%
4
33%
$1,734,836
-8%
*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
Sept 2016
Sept 2017
%Change
Median Price $706,000
$776,000
10%
58
-12%
$43,761,723
-12%
Properties Sold
66
Sales Volume $49,650,217
Average Sale Price
$752,276
Properties For Sale 66
Average Days on Market
36
Months Supply of Inventory 2
Average List Price
$561,972
$754,512 58
-12%
20
-44%
2
0%
$668,079
19%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
0%
Hancock Park
Sept 2016
Sept 2017
%Change
Median Price $579,000
$697,500
20%
66
3%
$77,418,174
43%
$1,173,003
38%
250
-11%
48
-14%
4
0%
$1,191,259
14%
Properties Sold
64
Sales Volume $54,235,980
Average Sale Price
$847,437
Properties For Sale 282
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$1,048,622
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Hollywood
Sept 2016
Median Price $6,608
Properties Sold
42
Sales Volume $17,745,107
Average Sale Price
$422,503
Properties For Sale 211
Average Days on Market
64
Months Supply of Inventory 5
Average List Price
$645,864
Sept 2017
%Change
$587,500
8791%
52
24%
$35,408,810
100%
$680,939
61%
291
38%
59
-8%
6
20%
$568,791
-12%
*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
Sept 2016
Median Price $1,036,000
Properties Sold
22
Sales Volume $20,597,370
Average Sale Price
$936,244
Properties For Sale 135
Average Days on Market
53
Months Supply of Inventory 6
Average List Price
$1,277,506
Sept 2017
%Change
$555,500
-46%
36
64%
$27,518,895
34%
$764,414
-18%
131
-3%
59
11%
4
-33%
$1,246,265
-2%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Los Feliz
Sept 2016 Median Price $829,000
Sept 2017
%Change
$617,500
-26%
Properties Sold 32 Sales Volume $39,134,995
42
31%
$37,164,464
-5%
$884,868
-28%
Average Sale Price
$1,222,969
Properties For Sale 135
Average Days on Market
65
Months Supply of Inventory 4
Average List Price
$1,441,820
144
7%
38
-42%
3
-25%
$1,497,928
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
4%
Malibu
Sept 2016
Median Price $695,000
Properties Sold
55
Sales Volume $72,074,725
Average Sale Price
$1,310,450
Properties For Sale 483
Average Days on Market
131
Months Supply of Inventory 9
Average List Price
$1,860,049
Sept 2017 $13,250
-98%
42
-24%
$44,164,985
-39%
$1,051,547
-20%
460
-5%
67
-49%
11
22%
$2,313,471
24%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Malibu Beach
Sept 2016
Median Price $1,675,000
Properties Sold
17
Sales Volume $90,413,645
Average Sale Price
$5,318,450
Properties For Sale 247
Average Days on Market
187
Months Supply of Inventory 15
Average List Price
$3,396,148
Sept 2017 $50,000
-97%
15
-12%
$60,022,670
-34%
$4,001,511
-25%
214
-13%
191
2%
14
-7%
$3,464,335
2%
*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
Sept 2016
Median Price $7,215
Properties Sold
51
Sales Volume $23,279,529
Average Sale Price
$456,461
Properties For Sale 214
Average Days on Market
55
Months Supply of Inventory 4
Average List Price
$735,253
Sept 2017 $8,323
15%
70
37%
$41,449,843
78%
$592,141
30%
221
3%
50
-9%
3
-25%
$766,045
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
4%
Mid Los Angeles
Sept 2016
Sept 2016
%Change
Median Price $805,632
$695,068
-14%
52
-16%
$37,656,510
-9%
$724,164
8%
Properties Sold
62
Sales Volume $41,535,087
Average Sale Price
$669,921
Properties For Sale 62
Average Days on Market
55
Months Supply of Inventory 5
Average List Price
$805,632
52
-16%
30
-45%
5
0%
$695,068
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
-14%
Mid Wilshire
Sept 2016
Sept 2017
%Change
Median Price $590,000
$540,000
-8%
33
-33%
$18,075,151
-56%
$547,732
-35%
222
19%
24
-58%
7
75%
$948,791
14%
Properties Sold
49
Sales Volume $41,244,745
Average Sale Price
$841,729
Properties For Sale 186
Average Days on Market
57
Months Supply of Inventory 4
Average List Price
$831,614
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Pacific Palisades
Sept 2016
Median Price $1,641,000
Properties Sold
46
Sales Volume $93,416,430
Average Sale Price
$2,030,792
Properties For Sale 46
Average Days on Market
49
Months Supply of Inventory 5
Average List Price
$2,667,314
Sept 2017 $1,450,000
-12%
41
-11%
$72,801,885
-22%
$1,775,656
-13%
41
-11%
35
-29%
6
20%
$2,553,806
-4%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Palms
Sept 2016
Median Price $1,018,000
Properties Sold
60
Sales Volume $64,087,134
Average Sale Price
$1,068,119
Properties For Sale 145
Average Days on Market
56
Months Supply of Inventory 2
Average List Price
$1,078,070
Sept 2017
%Change
$733,925
-28%
59
-2%
$58,856,550
-8%
$997,569
-7%
171
18%
24
-57%
3
50%
$1,241,715
15%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Playa Vista
Sept 2016
Sept 2017
%Change
Median Price $407,600
$852,000
109%
34
55%
$28,043,572
153%
$824,811
63%
64
8%
24
-37%
2
-33%
$487,878
-36%
Properties Sold
22
Sales Volume $11,106,090
Average Sale Price
$504,822
Properties For Sale 59
Average Days on Market
38
Months Supply of Inventory 3
Average List Price
$758,330
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Santa Monica
Sept 2016
Sept 2017
%Change
Median Price $717,000
$627,000
-13%
132
-1%
$145,513,400
12%
$1,102,374
13%
568
23%
41
-21%
4
33%
$1,049,731
23%
Properties Sold
134
Sales Volume $129,547,826
Average Sale Price
$974,044
Properties For Sale 463
Average Days on Market
52
Months Supply of Inventory 3
Average List Price
$850,302
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Silverlake - Echo Park
Sept 2016
Sept 2017
%Change
Median Price $799,000
$800,000
0%
77
12%
$53,775,260
3%
$698,380
-8%
77
12%
43
-10%
3
0%
$864,966
11%
Properties Sold
69
Sales Volume $52,414,005
Average Sale Price
$759,623
Properties For Sale 69
Average Days on Market
48
Months Supply of Inventory 3
Average List Price
$780,753
*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
Sept 2016
Sept 2017
%Change
Median Price $645,595
$535,000
-17%
71
-24%
$87,563,652
-9%
$1,233,291
18%
71
-24%
85
25%
8
33%
$1,751,799
6%
Properties Sold
93
Sales Volume $95,899,639
Average Sale Price
$1,042,387
Properties For Sale 93
Average Days on Market
68
Months Supply of Inventory 6
Average List Price
$1,648,173
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
Venice
Sept 2016
Median Price $1,325,438
Properties Sold
56
Sales Volume $65,820,060
Average Sale Price
$1,175,358
Properties For Sale 246
Average Days on Market
56
Months Supply of Inventory 4
Average List Price
$1,325,438
Sept 2017 $9,750
-99%
48
-14%
$45,920,770
-30%
$956,683
-19%
262
7%
43
-23%
5
25%
$9,750
-99%
*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
Sept 2016
Sept 2017
%Change
Median Price $447,500
$520,000
16%
74
-3%
$49,176,760
12%
$664,551
15%
328
20%
41
-11%
4
0%
$597,957
-9%
Properties Sold
76
Sales Volume $43,985,449
Average Sale Price
$578,756
Properties For Sale 274
Average Days on Market
46
Months Supply of Inventory 4
Average List Price
$653,810
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
West Los Angeles
Sept 2016
Median Price $695,000
Properties Sold
57
Sales Volume $33,772,739
Average Sale Price
$592,504
Properties For Sale 146
Average Days on Market
41
Months Supply of Inventory 3
Average List Price
$548,687
Sept 2017 $5,900
-99%
49
-14%
$26,276,650
-22%
$536,258
-9%
154
5%
25
-39%
3
0%
$732,676
34%
*Information obtained from local MLS using CARETS data, statistics are subject to change due to local reporting disciplines.
Rodeo Realty RodeoRE.com
%Change
Westwood - Century City
Sept 2016
Median Price $540,000
Properties Sold
122
Sales Volume $98,985,884
Average Sale Price
$811,360
Properties For Sale 391
Average Days on Market
50
Months Supply of Inventory 3
Average List Price
$540,000
Sept 2017 $10,000
-98%
103
-16%
$80,203,732
-19%
$778,677
-4%
438
12%
46
-8%
4
33%
$10,000
-98%
*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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